About Brookfield Property Partners L.P. (NASDAQ:BPY)
Brookfield Property Partners L.P. is a diversified global real estate company. The Company owns, operates and develops a portfolio of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage and student housing assets. Its partnership is Brookfield Asset Management Inc.'s public commercial property entity and the primary vehicle through which it invests in real estate on a global basis. It operates through four segments: Core Office, Core Retail, Opportunistic and Corporate. As of December 31, 2016, its Core Office segment consisted of interests in 142 office properties totaling 99 million square feet. As of December 31, 2016, its Core Retail segment consisted of interests in 127 regional malls and urban retail properties. As of December 31, 2016, its Opportunistic segment consisted of 107 office properties comprising approximately 29 million square feet of office space in the United States, United Kingdom, Brazil and Asia.
Industry, Sector and Symbol:
- Industry: Real Estate Development & Operations
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NASDAQ:BPY
- CUSIP: N/A
- Web: www.bpy.brookfield.com
- Debt-to-Equity Ratio: 0.92%
- Current Ratio: 0.47%
- Quick Ratio: 0.47%
Sales & Book Value:
- Trailing P/E Ratio: 91.42
- Annual Sales: $5.185 billion
- Price / Sales: 1.08
- Cash Flow: $3.46 per share
- Price / Cash: 6.35
- Book Value: $136.62 per share
- Price / Book: 0.16
- Annual Dividend: $1.18
- Dividend Yield: 5.4%
- Trailing EPS: $0.24
- Net Income: $660 million
- Net Margins: 11.89%
- Return on Equity: 1.66%
- Return on Assets: 0.70%
- Employees: 16,000
- Outstanding Shares: 255,820,000
Frequently Asked Questions for Brookfield Property Partners L.P. (NASDAQ:BPY)
What is Brookfield Property Partners L.P.'s stock symbol?
Brookfield Property Partners L.P. trades on the NASDAQ under the ticker symbol "BPY."
How often does Brookfield Property Partners L.P. pay dividends? What is the dividend yield for Brookfield Property Partners L.P.?
Brookfield Property Partners L.P. declared a quarterly dividend on Monday, November 6th. Investors of record on Thursday, November 30th will be paid a dividend of $0.295 per share on Friday, December 29th. This represents a $1.18 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date is Wednesday, November 29th. View Brookfield Property Partners L.P.'s Dividend History.
How will Brookfield Property Partners L.P.'s stock buyback program work?
Brookfield Property Partners L.P. declared that its board has approved a stock repurchase program on Friday, November 17th 2017, which permits the company to repurchase 20,470,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.
How were Brookfield Property Partners L.P.'s earnings last quarter?
Brookfield Property Partners L.P. (NASDAQ:BPY) posted its quarterly earnings results on Thursday, November, 6th. The financial services provider reported $1.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.30 by $1.07. The financial services provider had revenue of $1.04 billion for the quarter. Brookfield Property Partners L.P. had a net margin of 11.89% and a return on equity of 1.66%. View Brookfield Property Partners L.P.'s Earnings History.
When will Brookfield Property Partners L.P. make its next earnings announcement?
Where is Brookfield Property Partners L.P.'s stock going? Where will Brookfield Property Partners L.P.'s stock price be in 2017?
3 analysts have issued 12-month price objectives for Brookfield Property Partners L.P.'s shares. Their forecasts range from $24.00 to $26.00. On average, they anticipate Brookfield Property Partners L.P.'s share price to reach $25.17 in the next twelve months. View Analyst Ratings for Brookfield Property Partners L.P..
Who are some of Brookfield Property Partners L.P.'s key competitors?
Some companies that are related to Brookfield Property Partners L.P. include Howard Hughes Corporation (The) (HHC), Capital & Counties Properties PLC (CAPC), Alexander & Baldwin Holdings (ALEX), Five Point Holdings, LLC (FPH), Gazit-Globe (GZT), Redfin Corporation (RDFN), Kennedy Wilson Europe Real Estate PLC (KWE), St. Joe Company (The) (JOE), CLS Holdings plc (CLI), Market Tech Holdings Ltd (MKT), St. Modwen Properties PLC (SMP), The RMR Group (RMR), Forestar Group (FOR), Sirius Real Estate Limited (SRE), Raven Russia Limited (RUS), Watkin Jones PLC (WJG), Urban&Civic PLC (UANC) and Helical plc (HLCL).
Who are Brookfield Property Partners L.P.'s key executives?
Brookfield Property Partners L.P.'s management team includes the folowing people:
- Richard Byron Clark, Chairman of the Board of General Partner (Age 58)
- Brian William Kingston, Chief Executive Officer of General Partner (Age 43)
- Bryan K. Davis, Chief Financial Officer of General Partner (Age 43)
- Lars Eric Nils Rodert, Lead Independent Director of General Partner (Age 55)
- Jeffrey M. Blidner, Independent Director of General Partner (Age 69)
- Soon Young Chang, Independent Director of General Partner (Age 57)
- Omar Carneiro da Cunha, Independent Director of General Partner (Age 70)
- Stephen DeNardo, Independent Director of General Partner (Age 63)
How do I buy Brookfield Property Partners L.P. stock?
Shares of Brookfield Property Partners L.P. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Brookfield Property Partners L.P.'s stock price today?
One share of Brookfield Property Partners L.P. stock can currently be purchased for approximately $21.94.
How big of a company is Brookfield Property Partners L.P.?
Brookfield Property Partners L.P. has a market capitalization of $5.61276 billion and generates $5.185 billion in revenue each year. The financial services provider earns $660 million in net income (profit) each year or $0.24 on an earnings per share basis. Brookfield Property Partners L.P. employs 16,000 workers across the globe.
How can I contact Brookfield Property Partners L.P.?
Brookfield Property Partners L.P.'s mailing address is 73 FRONT STREET 5TH FLOOR, HAMILTON D0, HM 12. The financial services provider can be reached via phone at 441-294-3309 or via email at [email protected]
MarketBeat Community Rating for Brookfield Property Partners L.P. (NASDAQ BPY)MarketBeat's community ratings are surveys of what our community members think about Brookfield Property Partners L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Brookfield Property Partners L.P. (NASDAQ:BPY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 1 Hold Rating, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$25.17 (14.71% upside)|
Consensus Price Target History for Brookfield Property Partners L.P. (NASDAQ:BPY)
Analysts' Ratings History for Brookfield Property Partners L.P. (NASDAQ:BPY)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/13/2017||Canaccord Genuity||Downgrade||Buy -> Hold||$24.00||N/A|
|11/6/2017||Scotiabank||Boost Price Target||Outperform||$25.25 -> $25.50||N/A|
|7/7/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$26.00||Low|
Earnings History and Estimates Chart for Brookfield Property Partners L.P. (NASDAQ:BPY)
Earnings History by Quarter for Brookfield Property Partners L.P. (NASDAQ BPY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2016||Q316||$0.33||$1.08 billion||$1.35 billion||View||N/A|
|11/5/2015||Q315||$0.28||$0.31||$1.22 billion||$1.27 billion||View||N/A|
|8/4/2015||Q215||$0.27||$0.28||$1.01 million||$1.05 million||View||N/A|
|4/30/2015||Q115||$0.29||$0.25||$1.08 billion||$1.15 billion||View||N/A|
|2/4/2015||Q414||$0.29||$2.09||$1.02 billion||$1.06 billion||View||N/A|
|11/6/2014||Q3 2014||$0.30||$1.37||$1.04 billion||View||N/A|
|2/6/2014||Q313||$0.29||$1.01 billion||$1.02 billion||View||N/A|
Earnings Estimates for Brookfield Property Partners L.P. (NASDAQ:BPY)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Brookfield Property Partners L.P. (NASDAQ:BPY)
|Payout Ratio:||491.69% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Brookfield Property Partners L.P. (NASDAQ BPY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Brookfield Property Partners L.P. (NASDAQ BPY)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Brookfield Property Partners L.P. (NASDAQ BPY)
Brookfield Property Partners L.P. (NASDAQ BPY) Chart for Sunday, November, 19, 2017