NYSE:BAM - Brookfield Asset Management Stock Price, Price Target & More

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

Brookfield Asset Management announced a quarterly dividend on Thursday, May 10th. Investors of record on Thursday, May 31st will be paid a dividend of $0.15 per share on Friday, June 29th. This represents a $0.60 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date is Wednesday, May 30th. View Brookfield Asset Management's Dividend History.

Brookfield Asset Management shares split 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 market closes 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.

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

Brookfield Asset Management Inc (NYSE:BAM) issued its quarterly earnings results on Thursday, May, 10th. The financial services provider reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $1.00. The financial services provider had revenue of $12.63 billion for the quarter. Brookfield Asset Management had a net margin of 4.97% and a return on equity of 3.18%. The business's revenue was up 110.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.08) EPS. View Brookfield Asset Management's Earnings History.

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Brookfield Asset Management.

5 equities research analysts have issued twelve-month target prices for Brookfield Asset Management's stock. Their forecasts range from $46.00 to $55.00. On average, they expect Brookfield Asset Management's stock price to reach $49.50 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price. View Analyst Ratings for Brookfield Asset Management.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Brookfield Asset Management include SAMPO OYJ/ADR (SAXPY), Forest City Realty Trust (FCE.A), Spirit Realty Capital (SRC), Piedmont Office Realty Trust (PDM), IRSA Propiedades Comerciales (IRCP), J.W. Mays (MAYS), Gyrodyne (GYRO), Elbit Imaging (EMITF) and AmBase (ABCP).

Press coverage about BAM stock has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brookfield Asset Management earned a coverage optimism score of 0.15 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 45.69 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Brookfield Asset Management's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (2.97%), Addenda Capital Inc. (0.26%), Fenimore Asset Management Inc. (0.20%), Addenda Capital Inc. (0.13%), LGT Capital Partners LTD. (0.05%) and America First Investment Advisors LLC (0.03%). View Institutional Ownership Trends for Brookfield Asset Management.

BAM stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Addenda Capital Inc., Lawson Kroeker Investment Management Inc. NE, World Asset Management Inc, Radnor Capital Management LLC, LGT Capital Partners LTD. and Fenimore Asset Management Inc.. View Insider Buying and Selling for Brookfield Asset Management.

BAM stock was bought by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Creative Planning, Rathbone Brothers plc, America First Investment Advisors LLC, Moon Capital Management LLC, Atria Investments LLC, Cortland Associates Inc. MO and Callahan Advisors LLC. View Insider Buying and Selling for 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.

One share of BAM stock can currently be purchased for approximately $41.94.

Brookfield Asset Management has a market capitalization of $41.60 billion and generates $40.79 billion in revenue each year. Brookfield Asset Management employs 70,000 workers across the globe.

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]