Brookfield Asset Management - BAM Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last twelve months. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BAM shares.
View BAM analyst ratings or view top-rated stocks.

8 brokers have issued 1 year price targets for Brookfield Asset Management's stock. Their BAM share price forecasts range from $32.00 to $73.00. On average, they predict the company's share price to reach $47.06 in the next year. This suggests a possible upside of 51.7% from the stock's current price.
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Brookfield Asset Management's stock was trading at $28.67 at the beginning of the year. Since then, BAM stock has increased by 8.2% and is now trading at $31.02.
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Brookfield Asset Management saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 4,640,000 shares, an increase of 35.3% from the February 13th total of 3,430,000 shares. Based on an average daily trading volume, of 1,750,000 shares, the short-interest ratio is currently 2.7 days. Approximately 1.2% of the shares of the stock are short sold.
View Brookfield Asset Management's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our BAM earnings forecast.

Brookfield Asset Management Ltd. (NYSE:BAM) issued its earnings results on Wednesday, February, 8th. The financial services provider reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. The financial services provider earned $958.10 million during the quarter, compared to analysts' expectations of $21.81 billion.

Brookfield Asset Management announced a quarterly dividend on Wednesday, February 8th. Shareholders of record on Tuesday, February 28th will be given a dividend of $0.32 per share on Friday, March 31st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Monday, February 27th. This is a boost from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for BAM.

ETFs with the largest weight of Brookfield Asset Management (NYSE:BAM) stock in their portfolio include FMC Excelsior Focus Equity ETF (FMCX), Strategas Global Policy Opportunities ETF (SAGP), Guru Favorite Stocks ETF (GFGF), Horizon Kinetics Inflation Beneficiaries ETF (INFL), Motley Fool Global Opportunities ETF (TMFG), Schwab International Equity ETF (SCHF), Vanguard International Dividend Appreciation ETF (VIGI) and SPDR MSCI ACWI ex-US ETF (CWI).

Brookfield Asset Management (NYSE:BAM) pays an annual dividend of $1.28 per share and currently has a dividend yield of 4.04%. BAM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BAM.

Brookfield Asset Management shares split before market open on Thursday, April 2nd 2020. The 3-2 split was announced on Thursday, February 13th 2020. The newly minted shares were payable to shareholders after the closing bell on Wednesday, April 1st 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Asset Management investors own include AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Bank of America (BAC), Verizon Communications (VZ), Walmart (WMT), Intel (INTC) and JPMorgan Chase & Co. (JPM).

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

Brookfield Asset Management's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Moneta Group Investment Advisors LLC (7.54%), Bank of Montreal Can (3.13%), Principal Financial Group Inc. (3.02%), The Manufacturers Life Insurance Company (2.00%), TD Asset Management Inc (1.70%) and 1832 Asset Management L.P. (1.43%). Insiders that own company stock include Ati Investment Parent, Llc, Brookfield Asset Management In, Oaktree Capital Management Gp,, Oaktree Capital Management Lp, Ocm Growth Holdings Llc and Opps Tpic Holdings, Llc.
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Shares of BAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BAM stock can currently be purchased for approximately $31.02.

Brookfield Asset Management (NYSE:BAM) has a market capitalization of $12.79 billion and generates $3.76 billion in revenue each year.

The company employs 180,000 workers across the globe.

Brookfield Asset Management's mailing address is Suite 300 Brookfield Place 181 Bay Street P.O. Box 762, Toronto A6, M5J2T3. The official website for the company is www.brookfield.com. The financial services provider can be reached via phone at 416-363-9491, via email at enquiries@brookfield.com, or via fax at 416-365-9642.