TSE:BAM

Brookfield Asset Management (BAM) Stock Price, News & Analysis

C$54.25
+1.01 (+1.90%)
(As of 04/26/2024 ET)
Today's Range
C$53.15
C$54.47
50-Day Range
C$52.68
C$57.74
52-Week Range
C$39.38
C$58.19
Volume
669,209 shs
Average Volume
881,010 shs
Market Capitalization
C$21.09 billion
P/E Ratio
35.46
Dividend Yield
3.82%
Price Target
N/A
BAM stock logo

About Brookfield Asset Management Stock (TSE:BAM)

Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company's infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors. In addition, its private equity business offers industrial, infrastructure, and business services sectors; and real estate business, which includes housing, logistics, hospitality, science and innovation, office, and retail sectors. Further, it provides credit business; and insurance solution in the reinsurance, annuities, operating platform, and investment solutions sectors. Brookfield Asset Management Ltd. was incorporated in 2022 and is headquartered in Toronto, Canada.

BAM Stock Price History

BAM Stock News Headlines

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Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Los Angeles office skyscraper faces foreclosure sale
BAM Apr 2024 55.000 call
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Ex-Dividend for 3/28 Dividend
2/28/2024
Dividend Payable
3/28/2024
Today
4/26/2024
Next Earnings (Confirmed)
5/08/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,400
Year Founded
N/A

Profitability

Net Income
C$1.84 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.06 billion
Cash Flow
C$6.59 per share
Book Value
C$23.48 per share

Miscellaneous

Free Float
N/A
Market Cap
C$21.09 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Mark Joseph Carney FPC (Age 59)
    MPC, PRC, Chair of Board & Head of Transition Investing
  • Mr. James Bruce Flatt (Age 59)
    CEO & Director
    Comp: $1.02M
  • Mr. Connor David Teskey (Age 36)
    President and CEO of Renewable Power & Transition
    Comp: $2.29M
  • Mr. Bahir Manios (Age 45)
    Managing Partner & CFO
    Comp: $1.37M
  • Mr. Justin B. Beber (Age 54)
    Managing Partner & COO
  • Mr. Brian William Kingston (Age 51)
    Managing Partner, CEO of Real Estate & Director
    Comp: $2.06M
  • Mr. Cyrus Madon (Age 58)
    Managing Partner, Executive Chairman of Private Equity & Director
    Comp: $780.89k
  • Ms. Lori Anne Pearson F.C.A. (Age 62)
    FCPA, Managing Partner & COO of Brookfield Corporation
  • Mr. Samuel J. B. Pollock (Age 58)
    Managing Partner, CEO of Infrastructure & Director
    Comp: $780.89k
  • Mr. Dominic Dodds
    Managing Director of Technology

Should I Buy Brookfield Asset Management Stock? BAM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Brookfield Asset Management Ltd.:

  • Brookfield Asset Management reached a new 52-week high at $58.20, indicating positive momentum in the stock price.
  • The company has a strong net margin of 45.27% and a return on equity of 20.63%, showcasing solid financial performance.
  • Brookfield Asset Management offers a quarterly dividend of $0.38 per share, providing investors with a steady income stream.
  • The company operates in various sectors such as renewable power, infrastructure, private equity, real estate, credit, and insurance, offering diversification opportunities.
  • Equities analysts forecast that Brookfield Asset Management will post 1.9576421 EPS for the current fiscal year, indicating growth potential.

Cons

Investors should be bearish about investing in Brookfield Asset Management Ltd. for these reasons:

  • Brookfield Asset Management's dividend payout ratio (DPR) is presently 136.42%, which may raise concerns about sustainability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Brookfield Asset Management pros and cons to contact@marketbeat.com.

BAM Stock Analysis - Frequently Asked Questions

How have BAM shares performed in 2024?

Brookfield Asset Management's stock was trading at C$53.22 at the beginning of 2024. Since then, BAM stock has increased by 1.9% and is now trading at C$54.25.
View the best growth stocks for 2024 here
.

When is Brookfield Asset Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our BAM earnings forecast
.

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Ltd. (TSE:BAM) announced its quarterly earnings results on Wednesday, February, 7th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The business had revenue of $1.54 billion for the quarter. Brookfield Asset Management had a net margin of 45.27% and a trailing twelve-month return on equity of 18.68%.

How often does Brookfield Asset Management pay dividends? What is the dividend yield for Brookfield Asset Management?

Brookfield Asset Management announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Thursday, February 29th will be paid a dividend of 0.38 per share on Thursday, March 28th. This represents a $1.52 annualized dividend and a dividend yield of 2.80%. The ex-dividend date is Wednesday, February 28th.
Read our dividend analysis for BAM
.

Is Brookfield Asset Management a good dividend stock?

Brookfield Asset Management (TSE:BAM) pays an annual dividend of C$2.07 per share and currently has a dividend yield of 3.67%. The dividend payout ratio is 135.29%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BAM.

How do I buy shares of Brookfield Asset Management?

Shares of BAM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:BAM) was last updated on 4/26/2024 by MarketBeat.com Staff

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