BEP · NYSE · Renewable Utilities

Brookfield Renewable Partners (BEP)

Operates and develops hydro, wind, solar, storage, and nuclear-services platforms worldwide.

$29.48
vs last close−0.30 (−1.02%)
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Brookfield Renewable Partners L.P.BEP
Utilities

Operates renewable power and transition assets across the Americas, Europe, and Asia-Pacific, spanning hydro, wind, solar, storage, and nuclear services. Acquisitions, development, and capital recycling drive the model, which is externally managed by Brookfield.

Spanning hydro, wind, utility-scale solar, distributed energy, storage, nuclear services, and other transition assets, the platform operates across the Americas, Europe, and Asia-Pacific. Hydroelectric generation remains its original operating foundation, while acquired platforms broadened solar, wind, battery, and nuclear capabilities.

Acquisitions, development, operating expertise, and capital recycling work together: assets and minority interests are bought, built, operated, and sometimes sold alongside Brookfield-sponsored institutional partners. Access to Brookfield's broader network supports transaction sourcing, senior management, and capital formation.

Generation and cash flow depend on hydrology, wind, solar irradiation, equipment, grids, and contractual counterparties. Expansion also relies on financing markets, permits, licenses, and local power rules. The externally managed Bermuda partnership structure adds sponsor, conflict-allocation, tax, and distribution conditions distinct from a conventional U.S. corporation.

Company facts

CEOConnor Teskey
ListedJun 11, 2013
ExchangeNYSE
HeadquartersToronto, Canada
CountryBermuda
Employees5,870
CIK0001533232
ISINBMG162581083

Market cap$9.11B
EPS (ttm)$0.4600
P/E (ttm)64.74
ROE2.6%
P/B2.08
P/S1.44
Dividend yieldDiv yield5.20%
Beta0.81vs XLU 0.42

Price target$40.50+36.0%Average of 20 analysts
ConsensusBuy13 of 20 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 17, 2026BMO CapitalTarget
Target: $36
Target: $41
Jul 22, 2026BarclaysReiterate
Rating: Target: $28
Rating: Equal WeightTarget: $30
Jul 21, 2026JP MorganDowngrade
Rating: Overweight
Rating: Neutral
Jul 17, 2026CIBCReiterate
Rating: Target: $40
Rating: OutperformTarget: $41
Jun 12, 2026UBSReiterate
Rating: Target: $39
Rating: BuyTarget: $40

Next report
Nov 4, 26
in 42 days
EPS estimate
−$0.49
Revenue estimate
$1.46B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25May '25Aug '25Nov '25Jan '26May '26Jul '26Nov '26
Reported−$0.06−$0.35−$0.22−$0.23$0.54−$0.40−$0.37Pending
Estimate−$0.22−$0.26−$0.19−$0.45−$0.34−$0.36−$0.35−$0.49
Surprise+72.7%−34.6%−15.8%+48.9%+258.8%−11.1%−5.7%

RevenueReportedEstimate

Jan '25May '25Aug '25Nov '25Jan '26May '26Jul '26Nov '26
Reported$1.43B$1.58B$1.69B$1.60B$1.54B$1.51B$1.71BPending
Estimate$1.57B$1.75B$1.61B$1.61B$1.42B$1.50B$1.56B$1.46B
Surprise−8.5%−9.6%+4.8%−0.8%+8.7%+1.0%+9.4%
Estimate−$0.49
ReportedDue Nov 4, 2026
Estimate$1.46B
ReportedDue Nov 4, 2026
View details

Debt to equity843.10%
Current ratio80.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.47B$1.43B$1.58B$1.69B$1.60B$1.56B$1.52B$1.66B
Net income−$83.0M−$9.0M−$93.0M−$54.0M−$57.0M$416.3M−$113.4M−$101.4M
Net margin0.0%0.0%0.0%0.0%0.0%26.6%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$274.0M$203.0M$273.0M$328.0M$207.0M$48.7M$138.1M$278.7M
YoY growthTurned profit+51.5%−12.2%+11.6%−24.5%−76.0%−49.4%−15.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $2.77B · Total debt $36.94B · Total assets $96.63B · Shareholders' equity $4.38B

Revenue
$1.66B
Operating income
$278.7M
Net income
−$101.4M
View details

Dividend yield
5.20%
Next ex-date
Nov 30, 26
estimated · in 68 days
Annual dividend
$1.55
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.355$0.373$0.373$0.373$0.373$0.392$0.392$0.392
Annual yield5.45%6.39%6.11%5.81%5.20%4.75%4.13%4.90%
Ex-dateNov 29Feb 28May 30Aug 29Nov 28Feb 27May 29Aug 31
Payment dateDec 31Mar 31Jun 30Sep 29Dec 31Mar 31Jun 30Sep 29
View details

Institutions60.77%185.94M ADS
268 holders · as of Jun 30, 2026
Other39.23%120.04M ADS
remainder

305.99M ADS as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Brookfield Corp /ON/Institution
26.57%81.31M ADSas of Jun 30, 2026
Royal Bank of CanadaInstitution
4.93%15.09M ADSas of Jun 30, 2026
Principal Financial Group IncInstitution
3.34%10.23M ADSas of Jun 30, 2026
Bank of Montreal /Can/Institution
2.66%8.15M ADSas of Jun 30, 2026
FIL LtdInstitution
2.49%7.62M ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

CompanyPriceChange
Brookfield Renewable Partners$29.48−1.02%$9.11B64.71.4+1.1%
NextEra Energy$77.71−1.96%$165.33B17.819.25.7+12.5%
AES$14.83+0.07%$10.57B5.67.70.8+19.9%
TransAlta$11.92−0.13%$3.56B44.72.2+7.9%
Clearway Energy$30.50−0.49%$6.30B40.368.64.0+22.7%
Canadian Solar$11.41−3.06%$799.1M0.2−28.7%
Median17.831.92.2+12.5%