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

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

Brookfield Asset Management declared a quarterly dividend on Thursday, August 9th. Investors of record on Friday, August 31st will be paid a dividend of $0.15 per share on Friday, September 28th. This represents a $0.60 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Thursday, August 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 issued shares were payable 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 declared that its board has approved a share repurchase plan on Sunday, June 4th 2017, which permits the company to buyback 82,960,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board believes its stock is undervalued.

Brookfield Asset Management Inc (NYSE:BAM) issued its quarterly earnings results on Thursday, August, 9th. The financial services provider reported $0.62 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.04 by $0.58. The financial services provider earned $13.28 billion during the quarter. Brookfield Asset Management had a net margin of 5.49% and a return on equity of 3.74%. Brookfield Asset Management's quarterly revenue was up 40.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.01 earnings per share. View Brookfield Asset Management's Earnings History.

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Brookfield Asset Management.

5 brokerages have issued 12 month target prices for Brookfield Asset Management's stock. Their forecasts range from $47.00 to $55.00. On average, they expect Brookfield Asset Management's stock price to reach $49.80 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Brookfield Asset Management.

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), AmBase (ABCP) and Elbit Imaging (EMITF).

Press coverage about BAM stock has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brookfield Asset Management earned a coverage optimism score of 0.19 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 46.25 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Brookfield Asset Management.

Brookfield Asset Management's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (2.97%), TD Asset Management Inc. (2.14%), Beutel Goodman & Co Ltd. (1.60%), First Manhattan Co. (1.51%), CIBC Asset Management Inc (1.32%) and Toronto Dominion Bank (1.08%).

BAM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of Montreal Can, Burgundy Asset Management Ltd., Russell Investments Group Ltd., CIBC World Markets Inc., TD Asset Management Inc., Connor Clark & Lunn Investment Management Ltd. and Select Equity Group L.P..

BAM stock was acquired by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Toronto Dominion Bank, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Addenda Capital Inc., CIBC Asset Management Inc, Cumberland Partners Ltd, Bridgewater Associates LP and OMERS ADMINISTRATION Corp.

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 $43.71.

Brookfield Asset Management has a market capitalization of $43.16 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]