Brookfield Renewable Partners (BEP) vs. Its Rivals Critical Survey

Brookfield Renewable Partners (NYSE:BEP) is one of 141 publicly-traded companies in the “Independent Power & Renewable Electricity Producers” industry, but how does it contrast to its peers? We will compare Brookfield Renewable Partners to similar companies based on the strength of its risk, profitability, earnings, institutional ownership, analyst recommendations, valuation and dividends.

Insider & Institutional Ownership

63.2% of Brookfield Renewable Partners shares are owned by institutional investors. Comparatively, 35.2% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by institutional investors. 21.7% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Dividends

Brookfield Renewable Partners pays an annual dividend of $1.57 per share and has a dividend yield of 5.2%. Brookfield Renewable Partners pays out -209.3% of its earnings in the form of a dividend. As a group, “Independent Power & Renewable Electricity Producers” companies pay a dividend yield of 6.3% and pay out 188.1% of their earnings in the form of a dividend. Brookfield Renewable Partners has increased its dividend for 2 consecutive years.

Analyst Ratings

This is a breakdown of recent ratings for Brookfield Renewable Partners and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Brookfield Renewable Partners	0	5	8	0	2.62
Brookfield Renewable Partners Competitors	956	2992	3831	191	2.41

Brookfield Renewable Partners currently has a consensus target price of $36.73, suggesting a potential upside of 22.53%. As a group, “Independent Power & Renewable Electricity Producers” companies have a potential upside of 138.98%. Given Brookfield Renewable Partners’ peers higher possible upside, analysts plainly believe Brookfield Renewable Partners has less favorable growth aspects than its peers.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Brookfield Renewable Partners	-1.77%	-0.33%	-0.12%
Brookfield Renewable Partners Competitors	-879.52%	9.80%	0.64%

Earnings & Valuation

This table compares Brookfield Renewable Partners and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Brookfield Renewable Partners	$6.41 billion	$3.00 million	-39.97
Brookfield Renewable Partners Competitors	$6.35 billion	$831.21 million	-4.26

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

Risk and Volatility

Brookfield Renewable Partners has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, Brookfield Renewable Partners’ peers have a beta of -51.26, suggesting that their average share price is 5,226% less volatile than the S&P 500.

Summary

Brookfield Renewable Partners peers beat Brookfield Renewable Partners on 8 of the 15 factors compared.

Brookfield Renewable Partners Company Profile

Brookfield Renewable Partners L.P. owns and operates a global portfolio of renewable power and sustainable energy assets. Its operations include hydroelectric, wind and solar generation, as well as battery storage and distributed energy businesses. The partnership serves markets across North America, South America, Europe and the Asia-Pacific region. It sells renewable electricity and related services to utilities, businesses and other customers. Brookfield Renewable traces its roots to Brookfield Asset Management’s renewable power business and operates as part of the Brookfield group.