Brookfield Asset Management (BAM) to Release Earnings on Tuesday

Brookfield Asset Management (NYSE:BAM - Get Free Report) TSE: BAM.A is anticipated to announce its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect Brookfield Asset Management to post earnings of $0.40 per share and revenue of $1.29 billion for the quarter.

Brookfield Asset Management (NYSE:BAM - Get Free Report) TSE: BAM.A last issued its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.01. Brookfield Asset Management had a net margin of 54.47% and a return on equity of 81.16%. On average, analysts expect Brookfield Asset Management to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Brookfield Asset Management Price Performance

NYSE:BAM traded down $0.07 during mid-day trading on Tuesday, hitting $53.19. 213,968 shares of the company's stock were exchanged, compared to its average volume of 1,434,983. The company has a market cap of $87.09 billion, a PE ratio of 40.27, a P/E/G ratio of 1.92 and a beta of 1.63. Brookfield Asset Management has a one year low of $37.29 and a one year high of $62.61. The business has a fifty day moving average price of $50.04 and a 200 day moving average price of $53.80.

Brookfield Asset Management Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a $0.4375 dividend. This is a boost from Brookfield Asset Management's previous quarterly dividend of $0.38. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date was Friday, February 28th. Brookfield Asset Management's payout ratio is currently 132.58%.

Analyst Ratings Changes

A number of brokerages have issued reports on BAM. Keefe, Bruyette & Woods lowered their price objective on Brookfield Asset Management from $57.00 to $56.00 and set an "underperform" rating for the company in a research note on Monday, January 13th. Bank of America raised Brookfield Asset Management from a "neutral" rating to a "buy" rating and set a $65.00 price target for the company in a research report on Thursday, April 10th. StockNews.com upgraded shares of Brookfield Asset Management from a "sell" rating to a "hold" rating in a research note on Tuesday, April 15th. Wells Fargo & Company reduced their price objective on shares of Brookfield Asset Management from $50.00 to $48.00 and set an "underweight" rating for the company in a research note on Tuesday, April 8th. Finally, Jefferies Financial Group dropped their target price on shares of Brookfield Asset Management from $52.00 to $46.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Brookfield Asset Management has an average rating of "Moderate Buy" and an average target price of $57.15.

Brookfield Asset Management Company Profile

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.

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