Contrasting Brookfield Renewable Partners (BEP) and Its Competitors

Brookfield Renewable Partners (NYSE: BEP) is one of 69 publicly-traded companies in the “Electric services” industry, but how does it weigh in compared to its competitors? We will compare Brookfield Renewable Partners to similar businesses based on the strength of its profitability, valuation, analyst recommendations, dividends, institutional ownership, risk and earnings.

Analyst Ratings

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This is a breakdown of recent recommendations and price targets for Brookfield Renewable Partners and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Brookfield Renewable Partners 0 10 5 0 2.33
Brookfield Renewable Partners Competitors 432 2358 2036 58 2.35

Brookfield Renewable Partners presently has a consensus price target of $36.28, indicating a potential upside of 16.80%. As a group, “Electric services” companies have a potential upside of 8.48%. Given Brookfield Renewable Partners’ higher possible upside, research analysts plainly believe Brookfield Renewable Partners is more favorable than its competitors.

Volatility and Risk

Brookfield Renewable Partners has a beta of 0.22, indicating that its stock price is 78% less volatile than the S&P 500. Comparatively, Brookfield Renewable Partners’ competitors have a beta of 0.03, indicating that their average stock price is 97% less volatile than the S&P 500.

Valuation and Earnings

This table compares Brookfield Renewable Partners and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Brookfield Renewable Partners $2.63 billion -$4.00 million -172.56
Brookfield Renewable Partners Competitors $8.49 billion $471.49 million 10.85

Brookfield Renewable Partners’ competitors have higher revenue and earnings than Brookfield Renewable Partners. Brookfield Renewable Partners is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

Brookfield Renewable Partners pays an annual dividend of $1.96 per share and has a dividend yield of 6.3%. Brookfield Renewable Partners pays out -1,088.9% of its earnings in the form of a dividend. As a group, “Electric services” companies pay a dividend yield of 3.8% and pay out 72.9% of their earnings in the form of a dividend. Brookfield Renewable Partners has increased its dividend for 4 consecutive years. Brookfield Renewable Partners is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Profitability

This table compares Brookfield Renewable Partners and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Brookfield Renewable Partners 1.94% 0.40% 0.18%
Brookfield Renewable Partners Competitors -22.94% 4.45% -0.40%

Institutional and Insider Ownership

54.7% of Brookfield Renewable Partners shares are held by institutional investors. Comparatively, 63.6% of shares of all “Electric services” companies are held by institutional investors. 3.5% of shares of all “Electric services” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Brookfield Renewable Partners competitors beat Brookfield Renewable Partners on 8 of the 14 factors compared.

Brookfield Renewable Partners Company Profile

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. The company was founded in 1999 and is based in Hamilton, Bermuda. Brookfield Renewable Partners L.P. is a subsidiary of Brookfield Renewable Partners Limited.

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