Brookfield (BN) Stock Price, News & Analysis

$40.96
+0.73 (+1.81%)
(As of 04/26/2024 ET)
Today's Range
$40.24
$40.98
50-Day Range
$38.57
$42.33
52-Week Range
$28.84
$43.17
Volume
3.23 million shs
Average Volume
2.72 million shs
Market Capitalization
$67.26 billion
P/E Ratio
66.07
Dividend Yield
0.78%
Price Target
$47.45

Brookfield MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
15.8% Upside
$47.45 Price Target
Short Interest
Healthy
0.80% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.04mentions of Brookfield in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$11.49 M Sold Last Quarter
Proj. Earnings Growth
24.53%
From $3.75 to $4.67 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.

4.65 out of 5 stars

Finance Sector

121st out of 850 stocks

Nonresidential Building Operators Industry

1st out of 4 stocks

BN stock logo

About Brookfield Stock (NYSE:BN)

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisition, early ventures, control buyouts and financially distressed, buyouts and corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. It invests in both public debt and equity markets. It invests in private equity sectors with focus on Business Services include infrastructure, healthcare, road fuel distribution and marketing, construction and real estate; Industrials include manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management and development; and Residential/ infrastructure services. It targets companies which likely possess underlying real assets, primarily in sectors such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing and forest product sectors. It invests globally with focus on North America including Brazil, the United States, Canada; Europe; and Australia; and Asia-Pacific. The firm considers equity investments in the range of $2 million to $500 million. It has a four-year investment period and a 10-year term with two one-year extensions. The firm prefers to take minority stake and majority stake. Brookfield Corporation was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.

BN Stock Price History

BN Stock News Headlines

Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Brookfield Corporation (BN)
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Guru Fundamental Report for BN
BN Oct 2024 50.000 put
BN Jul 2024 20.000 put
Brookfield Corporation Completes Annual Filings
Brookfield Corp. Pfd. Series 26 Cl A
Stock Market News for Mar 15, 2024
Why Brookfield Stock Fell on Thursday
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/28 Dividend
3/12/2024
Dividend Payable
3/28/2024
Today
4/27/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nonresidential building operators
Sub-Industry
N/A
Employees
240,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$47.45
High Stock Price Target
$62.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+15.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$1.13 billion
Pretax Margin
6.38%

Debt

Sales & Book Value

Annual Sales
$95.92 billion
Cash Flow
$8.66 per share
Book Value
$100.10 per share

Miscellaneous

Outstanding Shares
1,642,030,000
Free Float
1,461,410,000
Market Cap
$67.26 billion
Optionable
Not Optionable
Beta
1.49
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Key Executives

  • Mr. James Bruce Flatt (Age 59)
    Managing Partner, CEO & Director
    Comp: $742.64k
  • Mr. Nicholas Howard Goodman C.A.
    President & CFO
  • Mr. Cyrus Madon (Age 58)
    MP & Executive Chair of Private Equity
    Comp: $567.5k
  • Mr. Sachin G. Shah CPA (Age 47)
    Chief Executive Officer of Brookfield Reinsurance
    Comp: $1.11M
  • Mr. Samuel J. B. Pollock (Age 58)
    Chief Executive Officer of Infrastructure
    Comp: $567.5k
  • Mr. Brian William Kingston (Age 51)
    Chief Executive Officer of Real Estate
    Comp: $1.5M
  • Mr. David James Nowak (Age 54)
    Managing Partner of Private Equity
  • Mr. Pierre McNeil (Age 61)
    Managing Director of Private Equity
  • Ms. Lori Anne Pearson F.C.A. (Age 62)
    FCPA, Managing Partner & COO
  • Mr. Dominic Dodds
    Managing Director of Technology

Should I Buy Brookfield Stock? BN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Brookfield Co.:

  • Brookfield Co. has a diversified portfolio across real estate, renewable power, infrastructure, and venture capital assets, providing investors exposure to multiple sectors.
  • The company focuses on premier assets globally, targeting sectors with underlying real assets, which can offer stability and potential for long-term growth.
  • Brookfield Co. considers equity investments in a wide range from $2 million to $500 million, allowing for flexibility in investment size based on investor preferences.
  • With a four-year investment period and a 10-year term with extensions, investors have the opportunity for long-term capital appreciation and returns.
  • Investing in Brookfield Co. provides access to a reputable alternative asset manager with a track record of successful investments and global presence.

Cons

Investors should be bearish about investing in Brookfield Co. for these reasons:

  • Stock price fluctuations in the current market environment may pose risks to short-term investors, requiring a long-term investment horizon for potential returns.
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 pros and cons to contact@marketbeat.com.

BN Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield in the last year. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BN shares.
View BN analyst ratings
or view top-rated stocks.

What is Brookfield's stock price target for 2024?

10 analysts have issued 1 year target prices for Brookfield's stock. Their BN share price targets range from $37.00 to $62.00. On average, they expect the company's stock price to reach $47.45 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price.
View analysts price targets for BN
or view top-rated stocks among Wall Street analysts.

How have BN shares performed in 2024?

Brookfield's stock was trading at $40.12 at the beginning of 2024. Since then, BN shares have increased by 2.1% and is now trading at $40.96.
View the best growth stocks for 2024 here
.

Are investors shorting Brookfield?

Brookfield saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 10,710,000 shares, a decline of 14.5% from the February 29th total of 12,520,000 shares. Based on an average daily trading volume, of 2,530,000 shares, the short-interest ratio is presently 4.2 days. Approximately 0.8% of the company's stock are short sold.
View Brookfield's Short Interest
.

When is Brookfield's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our BN earnings forecast
.

How can I listen to Brookfield's earnings call?

Brookfield will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Brookfield's earnings last quarter?

Brookfield Co. (NYSE:BN) announced its quarterly earnings data on Thursday, February, 8th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.14. The firm had revenue of $24.52 billion for the quarter, compared to the consensus estimate of $1.15 billion. Brookfield had a trailing twelve-month return on equity of 3.22% and a net margin of 1.18%. The firm's revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.12 EPS.

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

Brookfield declared a quarterly dividend on Thursday, February 8th. Investors of record on Wednesday, March 13th will be paid a dividend of $0.08 per share on Thursday, March 28th. This represents a $0.32 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Tuesday, March 12th. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for BN
.

Is Brookfield a good dividend stock?

Brookfield (NYSE:BN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.79%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 51.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BN will have a dividend payout ratio of 6.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BN.

Who are Brookfield's major shareholders?

Brookfield's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Scharf Investments LLC (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.20%), Check Capital Management Inc. CA (0.18%), Cardinal Capital Management Inc. (0.14%), Addenda Capital Inc. (0.11%) and Dixon Mitchell Investment Counsel Inc. (0.11%). Insiders that own company stock include Gp Ltd Bcp, Multi-Strategy Mast Brookfield, Oaktree Capital Group Holdings, Ocm Growth Holdings Llc and Opps Eb Holdings Ltd Ocm.
View institutional ownership trends
.

How do I buy shares of Brookfield?

Shares of BN 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.

This page (NYSE:BN) was last updated on 4/27/2024 by MarketBeat.com Staff

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