Brookfield Renewable (BEP)

• Market cap: $5.9B
• 1 day: 0.15%
• 5 days: -6.89%
• 1 month: -10.39%
• 3 months: -28.38%
• 6 months: -16.20%
• Year to date: -10.47%
• 1 year: -19.40%
• 5 years: -33.47%
• 10 years: -1.90%

About: Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners and Brookfield Renewable Corp.

Employees: 4,770

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

81% more capital invested

Capital invested by funds: $2.83B [Q2] → $5.11B (+$2.28B) [Q3]

60% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 15

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

24.23% more ownership

Funds ownership: 39.49% [Q2] → 63.72% (+24.23%) [Q3]

21% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 56

11% more call options, than puts

Call options by funds: $7.1M | Put options by funds: $6.41M

1% more funds holding

Funds holding: 215 [Q2] → 218 (+3) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30 45% upside
• Avg. target: $31 50% upside
• High target: $32 55% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

CIBC Mark Jarvi 0% 1-year accuracy 0 / 2 met price target	55% upside $32	Outperformer Maintained	8 Jan 2025
JP Morgan Mark Strouse 41% 1-year accuracy 18 / 44 met price target	45% upside $30	Overweight Upgraded	12 Dec 2024