Currently, there are 288.48M common shares owned by the public and among those 278.14M shares have been available to trade.
Insiders at the company have transacted a total of 171 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 167 of these insider trades were purchases, accounting for 15,015,477 shares. Insider sales of the common stock occurred on 4 occasions, with total insider shares sold totaling 9,355,844 shares.
However, the script later moved the day high at 24.27, down -1.12%. The company’s stock has a 5-day price change of -0.08% and -3.51% over the past three months. BEP shares are trading -9.06% year to date (YTD), with the 12-month market performance down to -14.15% lower. It has a 12-month low price of $19.97 and touched a high of $32.76 over the same period. BEP has an average intraday trading volume of 409.57K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.88%, -7.15%, and -9.73% respectively.
Institutional ownership of Brookfield Renewable Partners LP (NYSE: BEP) shares accounts for 66.07% of the company’s 288.48M shares outstanding.
It has a market capitalization of $6.89B and a beta (3y monthly) value of 0.90. The earnings-per-share (ttm) stands at -$0.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.91% over the week and 3.03% over the month.
Analysts forecast that Brookfield Renewable Partners LP (BEP) will achieve an EPS of $BP p.l.c. for the current quarter, $35.45 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Icahn Enterprises L.P. – Deposi while analysts give the company a high EPS estimate of $Pepsico, Inc. Comparatively, EPS for the current quarter was $American Electric Power Company a year ago. Earnings per share for the fiscal year are expected to decrease by -53.59%, and 32.75% over the next financial year.
Looking at the support for the BEP, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on November 17, 2023, with the firm’s price target at $34-$25.
