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

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$47.04 +0.08 (+0.17 %)
(As of 05/22/2019 08:00 AM ET)
Previous Close$46.96
Today's Range$46.91 - $47.25
52-Week Range$36.58 - $48.43
Volume2.72 million shs
Average Volume1.39 million shs
Market Capitalization$46.77 billion
P/E Ratio14.91
Dividend Yield1.36%
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$6.6818 per share
Book Value$94.96 per share

Profitability

Net Income$3.58 billion

Miscellaneous

Employees80,000
Market Cap$46.77 billion
Next Earnings Date8/8/2019 (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 Wednesday, May 8th. Investors of record on Friday, May 31st will be given a dividend of $0.16 per share on Friday, June 28th. This represents a $0.64 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Brookfield Asset Management's previous quarterly dividend of $0.15. View Brookfield Asset Management's Dividend History.

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

Brookfield Asset Management shares split on Wednesday, May 13th 2015. The 3-2 split was announced on Wednesday, April 8th 2015. The newly issued shares were payable 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 announced that its board has authorized a stock repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback 82,960,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board believes its shares are undervalued.

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Inc (NYSE:BAM) issued its quarterly earnings results on Thursday, May, 9th. The financial services provider reported $0.58 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.01. The financial services provider had revenue of $15.21 billion for the quarter, compared to the consensus estimate of $12.35 billion. Brookfield Asset Management had a net margin of 5.63% and a return on equity of 3.86%. During the same period in the previous year, the company earned $1.16 EPS. 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, August 8th 2019. View Earnings Estimates for Brookfield Asset Management.

What price target have analysts set for BAM?

6 Wall Street analysts have issued 1-year price targets for Brookfield Asset Management's shares. Their predictions range from $48.00 to $63.00. On average, they expect Brookfield Asset Management's share price to reach $52.9167 in the next year. This suggests a possible upside of 12.5% 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?

News articles about BAM stock have been trending somewhat negative on Wednesday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brookfield Asset Management earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

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), Brookfield Property Partners (BPY), Electronic Arts (EA), Micron Technology (MU), American International Group (AIG), Alibaba Group (BABA), Hercules Capital (HTGC), Intel (INTC), Broadcom (AVGO) and QUALCOMM (QCOM).

Who are Brookfield Asset Management's key executives?

Brookfield Asset Management's management team includes the folowing people:
  • Mr. James Bruce Flatt, Chief Exec. Officer & Managing Partner (Age 54)
  • Mr. Brian D. Lawson CA, Managing Partner, CFO & Director (Age 60)
  • Mr. Cyrus Madon, Managing Partner &CEO of Private Equity Group (Age 53)
  • Mr. Samuel J. B. Pollock, Managing Partner & CEO of Infrastructure (Age 53)
  • Mr. Brian William Kingston, Managing Partner & CEO of Real Estate (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 shareholders include Bank of Montreal Can (2.81%), Principal Financial Group Inc. (2.26%), FIL Ltd (2.10%), TD Asset Management Inc. (1.90%), Beutel Goodman & Co Ltd. (1.54%) and The Manufacturers Life Insurance Company (1.39%).

Which institutional investors are selling Brookfield Asset Management stock?

BAM stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Principal Financial Group Inc., Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, CIBC World Markets Inc., Select Equity Group L.P., First Manhattan Co. and Zurcher Kantonalbank Zurich Cantonalbank.

Which institutional investors are buying Brookfield Asset Management stock?

BAM stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, The Manufacturers Life Insurance Company , FIL Ltd, Morgan Stanley, Neuberger Berman Group LLC, William Blair Investment Management LLC and CIBC Asset Management 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 $47.04.

How big of a company is Brookfield Asset Management?

Brookfield Asset Management has a market capitalization of $46.77 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:  386 (Vote Outperform)
Underperform Votes:  344 (Vote Underperform)
Total Votes:  730
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 5/22/2019 by MarketBeat.com Staff

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