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How major US stock indexes fared Thursday, 4/18/2024
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Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
NYSE:BAM

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

$38.42
-0.61 (-1.56%)
(As of 04/18/2024 ET)
Today's Range
$38.14
$39.08
50-Day Range
$38.42
$42.65
52-Week Range
$28.35
$43.00
Volume
1.95 million shs
Average Volume
1.29 million shs
Market Capitalization
$15.87 billion
P/E Ratio
34.00
Dividend Yield
3.96%
Price Target
$42.20

Brookfield Asset Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
9.8% Upside
$42.20 Price Target
Short Interest
Bearish
4.64% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.63
Upright™ Environmental Score
News Sentiment
0.79mentions of Brookfield Asset Management in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.46%
From $1.49 to $1.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Finance Sector

76th out of 851 stocks

Investment Advice Industry

4th out of 46 stocks

BAM stock logo

About Brookfield Asset Management Stock (NYSE: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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BAM Apr 2024 20.000 put
BAM Jan 2025 30.000 put
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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
4/18/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Employees
2,400
Year Founded
1899

Price Target and Rating

Average Stock Price Target
$42.20
High Stock Price Target
$50.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+9.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$451 million
Pretax Margin
117.75%

Debt

Sales & Book Value

Annual Sales
$4.06 billion
Cash Flow
$5.75 per share
Book Value
$5.35 per share

Miscellaneous

Free Float
367,722,000
Market Cap
$15.87 billion
Optionable
Optionable
Beta
1.68

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BAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield Asset Management stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 1 sell rating, 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BAM shares.
View BAM analyst ratings
or view top-rated stocks.

What is Brookfield Asset Management's stock price target for 2024?

10 brokerages have issued 1-year price targets for Brookfield Asset Management's stock. Their BAM share price targets range from $31.00 to $50.00. On average, they expect the company's share price to reach $42.20 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for BAM
or view top-rated stocks among Wall Street analysts.

How have BAM shares performed in 2024?

Brookfield Asset Management's stock was trading at $40.17 on January 1st, 2024. Since then, BAM shares have decreased by 4.4% and is now trading at $38.42.
View the best growth stocks for 2024 here
.

Are investors shorting Brookfield Asset Management?

Brookfield Asset Management saw a increase in short interest in March. As of March 31st, there was short interest totaling 15,940,000 shares, an increase of 19.3% from the March 15th total of 13,360,000 shares. Based on an average daily trading volume, of 1,080,000 shares, the days-to-cover ratio is currently 14.8 days. Currently, 4.6% of the shares of the stock are short sold.
View Brookfield Asset Management's Short Interest
.

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 can I listen to Brookfield Asset Management's earnings call?

Brookfield Asset Management will be holding an earnings conference call on Wednesday, May 8th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Ltd. (NYSE:BAM) issued its quarterly earnings data on Wednesday, February, 7th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. The financial services provider earned $1.13 billion during the quarter. Brookfield Asset Management had a net margin of 50.23% and a trailing twelve-month return on equity of 96.43%. During the same period in the previous year, the business posted $0.31 earnings per share.

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

Brookfield Asset Management declared a quarterly dividend on Wednesday, February 7th. Shareholders of record on Thursday, February 29th will be given a dividend of $0.38 per share on Thursday, March 28th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.32.
Read our dividend analysis for BAM
.

Is Brookfield Asset Management a good dividend stock?

Brookfield Asset Management (NYSE:BAM) pays an annual dividend of $1.52 per share and currently has a dividend yield of 3.89%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 134.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BAM will have a dividend payout ratio of 85.39% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BAM.

When did Brookfield Asset Management's stock split?

Brookfield Asset Management shares split on Thursday, April 2nd 2020. The 3-2 split was announced on Thursday, February 13th 2020. The newly created shares were payable to shareholders after the market closes on Wednesday, April 1st 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What other stocks do shareholders of Brookfield Asset Management own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Asset Management investors own include AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Bank of America (BAC), Verizon Communications (VZ), Walmart (WMT), Intel (INTC) and JPMorgan Chase & Co. (JPM).

Who are Brookfield Asset Management's major shareholders?

Brookfield Asset Management's stock is owned by many different retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.21%), Addenda Capital Inc. (0.08%), Blue Zone Wealth Advisors LLC (0.03%), Ervin Investment Management LLC (0.01%), Hi Line Capital Management LLC (0.01%) and Kathleen S. Wright Associates Inc. (0.01%). Insiders that own company stock include Brookfield Asset Management In, Multi-Strategy Mast Brookfield, Oaktree Capital Management Gp,, Oaktree Capital Management Lp and Opps Tpic Holdings, Llc.
View institutional ownership trends
.

How do I buy shares of Brookfield Asset Management?

Shares of BAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Brookfield Asset Management have any subsidiaries?
The following companies are subsidiares of Brookfield Asset Management: Associated Estates, AusNet Services, Axis Energy, BRK Ambiental, Brookfield Infrastructure Partners L.P., Brookfield Renewable Partners L.P., Center Coast Capital, Cupa Group, Forest City Enterprises, Genesee & Wyoming, GrafTech International, Healthscope Inc, Hibernia REIT, JCPenney, La Trobe Financial Services, Magnati, Oaktree Capital Management, Rouse Properties, TerraForm Global, Thayer Lodging Group, The Aveo Group, and Watermark Lodging Trust.
Read More
This page (NYSE:BAM) was last updated on 4/19/2024 by MarketBeat.com Staff

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