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Investor Insights

This summary was created by AI, based on 18 opinions in the last 12 months.

The experts have mixed opinions on Brookfield Renewable Energy. Some believe that it is a good long-term investment with positive growth prospects, while others are concerned about its fundamentals and rising interest rates affecting its business. The company's ability to pass along the costs of inflation and its strong parent company provide some support, but the stock has seen poor performance over the past year.

Consensus
Mixed
Valuation
Fair Value
BUY ON WEAKNESS

Not easy in the space to find a company that will benefit long term from green trends. This is probably the best way to play. Owns tremendous assets. He owns the parent BN.

Utilities
HOLD
Small modular reactors.

A very hot sector right now. Tech companies building data centres are entering long-term contracts for power. This technology is still relatively new; nothing online yet in NA, only 1 in China and 1 in Russia. At least 5-10 years before production comes on.

BEP.UN has Westinghouse, which services the nuclear industry. That's her exposure. Stocks have had such a huge run, a lot of expectations are built in, so this is not the time to chase. 

Utilities
WEAK BUY

He owns BN instead. The key to data centres is that they all need power, and this is one of the biggest wind/solar producers. This partnership will be one of the strongest parts of private equity in the next decade, and is right in BEP.UN's sweet spot.

Utilities
TOP PICK

Likes the Westinghouse acquisition. Its hydro assets are long life with low operating costs. Likes MSFT deal. Tech companies are building data centres, and the #1 thing they need is consistent and stable power. Her bet is not centred on AI, it's focused on data. Population growth plays into need for power as well. Yield is 5.7%.

(Analysts’ price target is $40.54)
Utilities
BUY

Strong play in the space regarding its balance sheet and positioning. Volatile this year, but usually comes out ahead. Dividend relatively safe. Outlook for renewables continues to improve, especially as we get into rate cuts.

Utilities
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

BEP.UN reported funds from operations of 51c, growing by 9% from the year prior, but just missing estimates of 52c. Revenue came in at $1.48B, increasing 22.9% year-over-year, but falling just shy of estimates of $1.49B.  The company deployed or committed $8.6B of capital ($970 million net to Brookfield Renewable) across multiple investments globally. BEP.UN secured contracts to deliver an incremental 2,700-gigawatt hours per year of generation, of which ~90% of development was with corporate customers. Distribution was unchanged. Not a bad quarter from BEP.UN as FFO and revenue saw decent growth, despite coming up just short of estimates. We like to see the increased demand from corporate customers and think this can be a growth catalyst in the future. 
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Utilities
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We are comfortable starting a position now. The stock was initially up big to start May following earnings and the Microsoft partnership. It has since pulled back, but we think there are long-term trends that make renewables attractive, and BEP.UN specifically has a large portfolio of assets to capitalize here. Rates starting to come down will also be key for the stock due to how much debt it has.
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Utilities
BUY

Good, stable company. Interest rate backdrop made 2022-23 particularly difficult for renewables. Will benefit from lower rates. Increasing demand for energy, whatever kind, is a really nice tailwind. Likes partnerships with CCO and MSFT.

(Analysts’ price target is $41.00)
Utilities
BUY

In addition to owning BN, she owns this one directly for exposure to the renewable space. Likes its scale and global presence. In hydro, solar, wind. Did well under Biden, then higher rates hurt, stock's now trying to move up.

True that Trump's not as friendly to renewables. But it's a long-term, secular trend that not's going to stop.

Utilities
BUY

A wonderful company, one of the best in this sector with a unique operating platform. Shares had declined, but popped after striking a deal with Microsoft in a good deal; data centres need massive power.

Utilities
BUY

Recent Microsoft deal is good for the business. High quality company with excellent growth prospects. Modelling ~8% EPS growth. Very good with rise in A.I. power demand. Good place to buy at current stock price valuation. 

Utilities
TOP PICK

An AI component from the MSFT deal, encouraging. She's owned it for a long time for exposure to the renewable sector, a secular trend. Interest rates have dampened things down, as debt servicing costs increase and cashflow gets discounted at a higher rate. Rates going down would be a tailwind. 

Global. Funding for projects comes from the Brookfield group. Active asset recycling -- buy cheap, develop it to maturity, sell it for cash, redeploy that cash. Yield is 5.49%.

(Analysts’ price target is $40.21)
Utilities
DON'T BUY

He looks for faster-growing, smaller names. He prefers companies that do metering and monitoring of the grid. Even though it's partnering with MSFT, he's found better ways to play the AI theme.

Utilities
WEAK BUY
BEP.UN vs. BIP.UN

BIP is more sensitive to interest rates, and will constrained when rates rose. Also, they pay a dividend which was competing with high rates. As rates decline, this will benefit BIP and encourage more building projects. In contrast, BEP is a tougher go, because the transition to renewables will take longer than many expect. But BEP is best in class and its managers are fantastic. BEP's use of AI (with Microsoft) will benefit the stock, but we're ahead of ourselves. 

Utilities
BUY

Most renewables over the 18 months have been under pressure due to aggressive rate hikes, but if rates decline mid-2024, you can add to this, just based on valuations.

Utilities
Showing 1 to 15 of 237 entries

Brookfield Renewable Energy(BEP.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 18

Stockchase rating for Brookfield Renewable Energy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Brookfield Renewable Energy(BEP.UN-T) Frequently Asked Questions

What is Brookfield Renewable Energy stock symbol?

Brookfield Renewable Energy is a Canadian stock, trading under the symbol BEP.UN-T on the Toronto Stock Exchange (BEP.UN-CT). It is usually referred to as TSX:BEP.UN or BEP.UN-T

Is Brookfield Renewable Energy a buy or a sell?

In the last year, 18 stock analysts published opinions about BEP.UN-T. 13 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Brookfield Renewable Energy.

Is Brookfield Renewable Energy a good investment or a top pick?

Brookfield Renewable Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Brookfield Renewable Energy.

Why is Brookfield Renewable Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Brookfield Renewable Energy worth watching?

18 stock analysts on Stockchase covered Brookfield Renewable Energy In the last year. It is a trending stock that is worth watching.

What is Brookfield Renewable Energy stock price?

On 2024-11-08, Brookfield Renewable Energy (BEP.UN-T) stock closed at a price of $36.83.