Brookfield Renewable Partners (NYSE:BEP) Issues Earnings Results, Beats Estimates By $0.89 EPS

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) posted its quarterly earnings results on Friday. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.89, Zacks reports. Brookfield Renewable Partners had a return on equity of 0.66% and a net margin of 3.52%.

Here are the key takeaways from Brookfield Renewable Partners’ conference call:

• Delivered strong 2025 results with FFO per unit of $2.01 (up 10% YoY) and Q4 FFO of $0.51 per unit (up 14% YoY), and announced a >5% distribution increase to $1.468, continuing 15 consecutive years of ?5% annual distribution growth.
• Record deployment and commissioning—deployed or committed a record $8.9 billion (?$1.9B net to BEP) and brought over 8 GW of new capacity online, targeting a ~10 GW/year run rate by 2027.
• Strengthened balance sheet and funding advantage—ended the year with $4.6 billion liquidity, maintained a BBB+ rating, executed a record ~$37 billion of financings, and launched a $400M ATM program to repurchase shares.
• Strategic positioning across technologies to capture rising energy demand—scaling low?cost solar/onshore wind, planning to quadruple battery storage to over 10 GW (via Neoen) and benefiting from a landmark U.S. nuclear agreement through Westinghouse that provides long?term fuel and maintenance cash flows.
• Execution risks remain in parts of the U.S.—onshore wind permitting has slowed at the federal level and realized U.S. hydro prices were flat (~$83/MWh) due to generation mix and hydrology, though management expects contracted hydro pricing to rise as new long?term PPAs phase in.

Brookfield Renewable Partners Stock Up 5.2%

Shares of BEP stock traded up $1.48 during trading hours on Friday, hitting $29.93. 861,014 shares of the company were exchanged, compared to its average volume of 546,375. The stock has a market capitalization of $9.16 billion, a price-to-earnings ratio of -34.86 and a beta of 1.12. Brookfield Renewable Partners has a one year low of $19.29 and a one year high of $32.72. The business’s 50-day simple moving average is $27.86 and its two-hundred day simple moving average is $27.29. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.58 and a current ratio of 0.58.

Brookfield Renewable Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, November 28th were paid a $0.373 dividend. This represents a $1.49 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Friday, November 28th. Brookfield Renewable Partners’s dividend payout ratio is -173.26%.

Analysts Set New Price Targets

BEP has been the subject of a number of research reports. TD Securities boosted their target price on Brookfield Renewable Partners from $31.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Scotiabank reiterated an “outperform” rating and set a $35.00 price objective (up from $30.00) on shares of Brookfield Renewable Partners in a research note on Thursday, November 6th. UBS Group reissued a “buy” rating and issued a $39.00 price objective (up previously from $38.00) on shares of Brookfield Renewable Partners in a research report on Friday, December 5th. Desjardins upgraded shares of Brookfield Renewable Partners to a “hold” rating in a report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. increased their price target on Brookfield Renewable Partners from $32.00 to $33.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Brookfield Renewable Partners has a consensus rating of “Moderate Buy” and an average price target of $34.93.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Mackenzie Financial Corp lifted its stake in Brookfield Renewable Partners by 29.0% during the third quarter. Mackenzie Financial Corp now owns 46,736 shares of the utilities provider’s stock worth $1,204,000 after purchasing an additional 10,500 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of Brookfield Renewable Partners by 5.4% during the second quarter. Osaic Holdings Inc. now owns 23,468 shares of the utilities provider’s stock worth $599,000 after purchasing an additional 1,212 shares during the period. Northern Right Capital Management L.P. lifted its position in shares of Brookfield Renewable Partners by 64.6% in the 2nd quarter. Northern Right Capital Management L.P. now owns 64,621 shares of the utilities provider’s stock worth $1,648,000 after buying an additional 25,359 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of Brookfield Renewable Partners by 7.2% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 129,157 shares of the utilities provider’s stock worth $3,295,000 after buying an additional 8,704 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Brookfield Renewable Partners by 41.9% in the 2nd quarter. Bank of America Corp DE now owns 119,980 shares of the utilities provider’s stock valued at $3,061,000 after buying an additional 35,457 shares during the period. Institutional investors own 63.16% of the company’s stock.

Brookfield Renewable Partners Company Profile

Brookfield Renewable Partners L.P. is a leading global owner, operator and developer of renewable power assets. Listed on the New York Stock Exchange under the ticker BEP, the partnership focuses on generating clean electricity from a diversified mix of hydroelectric, wind, solar and energy storage facilities. As part of the Brookfield Asset Management group, Brookfield Renewable leverages a long-term, asset-backed approach to investing in sustainable energy projects that support the transition to a low-carbon economy.

The company’s platform encompasses approximately 23,000 megawatts of installed capacity across four continents.