NYSE:BAM - Brookfield Asset Management Stock Price, News, & Analysis

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$45.80 -0.11 (-0.24 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$45.91
Today's Range$45.42 - $45.97
52-Week Range$36.58 - $46.97
Volume1.53 million shs
Average Volume1.33 million shs
Market Capitalization$45.49 billion
P/E Ratio13.35
Dividend Yield1.39%
Beta1.17
Brookfield Asset Management Inc. is a publicly owned asset management holding company. The firm specializes in early stage, acquisition, distressed investments, short-term financing to mid-market companies, corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. The firm invest in attractive businesses through the public debt and equity markets or by providing financing. The firm invest in Business services, Industrials and Residential sectors. Through its subsidiaries, the firm invests in the property, power, and infrastructure sectors. Its property business includes owning and managing office properties, developing master planned residential communities, and offering clients bridge and mezzanine lending, alternative assets funds, and financial and advisory services. Through its subsidiaries, the firm operates hydroelectric power facilities, interconnections and transmission facilities in Northeast North America, and development of wind power in Canada. Through its subsidiaries, it invests in specialty funds including private equity and makes direct investments in real estate, energy, and resource assets. The firm launches and manages equity and fixed income mutual funds. It also manages real estate and hedge funds. The firm invests in equity and fixed income markets across the globe. It also invest in British Columbia, United States, Brazil, Australia, Chile, Uruguay, New Zealand. It prefers to invest between $2 million and $500 million in its portfolio companies. The firm also prefers to take both minority and majority stakes in its companies. It was formerly known as Brascan Corp. Brookfield Asset Management Inc. is based in Toronto, Canada with additional offices in Bogota, Colombia, Rio de Janeiro, Brazil, Calgary, Canada, Dubai, United Arab Emirates, Gatineau, Canada, Hong Kong, Hong Kong, London, United Kingdom, Melbourne, Australia, Montreal, Canada, Mumbai, India, New York City, Perth, Australia, Shanghai, China, and Sydney, Australia.

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Industry, Sector and Symbol

Industry Nonresidential building operators
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone416-363-9491

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$56.77 billion
Cash Flow$6.7155 per share
Book Value$97.77 per share

Profitability

Net Income$3.58 billion

Miscellaneous

Employees80,000
Market Cap$45.49 billion
Next Earnings Date5/9/2019 (Estimated)
OptionableOptionable

Brookfield Asset Management (NYSE:BAM) Frequently Asked Questions

What is Brookfield Asset Management's stock symbol?

Brookfield Asset Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAM."

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 Thursday, November 8th. Shareholders of record on Friday, November 30th will be paid a dividend of $0.15 per share on Monday, December 31st. This represents a $0.60 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, November 29th. View Brookfield Asset Management's Dividend History.

When did Brookfield Asset Management's stock split? How did Brookfield Asset Management's stock split work?

Shares of Brookfield Asset Management split before market open on Wednesday, May 13th 2015. The 3-2 split was announced on Wednesday, April 8th 2015. The newly created shares were distributed to shareholders after the closing bell on Tuesday, May 12th 2015. An investor that had 100 shares of Brookfield Asset Management stock prior to the split would have 150 shares after the split.

How will Brookfield Asset Management's stock buyback program work?

Brookfield Asset Management declared that its Board of Directors has initiated a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to repurchase 82,960,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Inc (NYSE:BAM) announced its quarterly earnings data on Thursday, February, 14th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $1.72. The financial services provider earned $16.01 billion during the quarter. Brookfield Asset Management had a return on equity of 4.30% and a net margin of 6.31%. Brookfield Asset Management's revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.28 earnings per share. View Brookfield Asset Management's Earnings History.

When is Brookfield Asset Management's next earnings date?

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Brookfield Asset Management.

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

Brookfield Asset Management will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for BAM?

6 brokerages have issued 1-year target prices for Brookfield Asset Management's stock. Their forecasts range from $48.00 to $62.00. On average, they expect Brookfield Asset Management's share price to reach $52.75 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Brookfield Asset Management.

What is the consensus analysts' recommendation for Brookfield Asset Management?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brookfield Asset Management.

Has Brookfield Asset Management been receiving favorable news coverage?

Media headlines about BAM stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookfield Asset Management earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Brookfield Asset Management?

Brookfield Asset Management saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 7,543,730 shares, an increase of 39.8% from the February 15th total of 5,397,062 shares. Based on an average trading volume of 1,059,284 shares, the days-to-cover ratio is currently 7.1 days. View Brookfield Asset Management's Current Options Chain.

Who are some of Brookfield Asset Management's key competitors?

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 NVIDIA (NVDA), Micron Technology (MU), Electronic Arts (EA), Alibaba Group (BABA), Intel (INTC), Celgene (CELG), Visa (V), Broadcom (AVGO), Cisco Systems (CSCO) and Starbucks (SBUX).

Who are Brookfield Asset Management's key executives?

Brookfield Asset Management's management team includes the folowing people:
  • Mr. James Bruce Flatt, Sr. Managing Partner, CEO & Director (Age 54)
  • Mr. Brian D. Lawson CA, Sr. Managing Partner, CFO & Director (Age 60)
  • Mr. Cyrus Madon, Head of Private Equity Group & Sr. Managing Partner (Age 53)
  • Mr. Samuel J. B. Pollock, Sr. Managing Partner (Age 53)
  • Mr. Brian William Kingston, Sr. Managing Partner (Age 45)

Who are Brookfield Asset Management's major shareholders?

Brookfield Asset Management's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (2.83%), Principal Financial Group Inc. (2.33%), TD Asset Management Inc. (1.87%), Beutel Goodman & Co Ltd. (1.54%), First Manhattan Co. (1.42%) and Mackenzie Financial Corp (1.23%).

Which institutional investors are selling Brookfield Asset Management stock?

BAM stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Great West Life Assurance Co. Can, Bank of Montreal Can, Hsbc Holdings PLC, 1832 Asset Management L.P., First Manhattan Co. and Toronto Dominion Bank.

Which institutional investors are buying Brookfield Asset Management stock?

BAM stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Jarislowsky Fraser Ltd, Mackenzie Financial Corp, Montrusco Bolton Investments Inc., CI Investments Inc., Check Capital Management Inc. CA, Confluence Investment Management LLC and D. E. Shaw & Co. Inc..

How do I buy shares of Brookfield Asset Management?

Shares of BAM 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 Asset Management's stock price today?

One share of BAM stock can currently be purchased for approximately $45.80.

How big of a company is Brookfield Asset Management?

Brookfield Asset Management has a market capitalization of $45.49 billion and generates $56.77 billion in revenue each year. Brookfield Asset Management employs 80,000 workers across the globe.

What is Brookfield Asset Management's official website?

The official website for Brookfield Asset Management is http://www.brookfield.com.

How can I contact Brookfield Asset Management?

Brookfield Asset Management's mailing address is Suite 300 Brookfield Place 181 Bay Street P.O. Box 762, Toronto A6, M5J 2T3. The financial services provider can be reached via phone at 416-363-9491 or via email at [email protected]


MarketBeat Community Rating for Brookfield Asset Management (NYSE BAM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  377 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  718
MarketBeat's community ratings are surveys of what our community members think about Brookfield Asset Management and other stocks. Vote "Outperform" if you believe BAM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BAM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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