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

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, February 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.18 per share on Tuesday, March 31st. This represents a $0.72 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Thursday, February 27th. This is a positive change from Brookfield Asset Management's previous quarterly dividend of $0.16. View Brookfield Asset Management's Dividend History.

Brookfield Asset Management shares split on the morning of Thursday, April 2nd 2020. The 3-2 split was announced on Thursday, February 13th 2020. The newly created shares will be payable to shareholders after the market closes on Wednesday, April 1st 2020. 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 Inc (NYSE:BAM) announced its quarterly earnings data on Thursday, February, 13th. The financial services provider reported $0.74 EPS for the quarter, topping the consensus estimate of $0.25 by $0.49. The financial services provider earned $17.82 billion during the quarter, compared to the consensus estimate of $13.75 billion. Brookfield Asset Management's revenue for the quarter was up 11.3% on a year-over-year basis. During the same period last year, the firm earned $1.87 EPS. View Brookfield Asset Management's Earnings History.

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Brookfield Asset Management.

7 equities research analysts have issued twelve-month price objectives for Brookfield Asset Management's shares. Their forecasts range from $59.00 to $77.00. On average, they expect Brookfield Asset Management's stock price to reach $65.25 in the next year. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for Brookfield Asset Management.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brookfield Asset Management.

Press coverage about BAM stock has trended negative on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brookfield Asset Management earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Brookfield Asset Management.

Brookfield Asset Management saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 3,790,000 shares, a decrease of 11.7% from the January 15th total of 4,290,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 0.4% of the shares of the company are short sold. View Brookfield Asset Management's Current Options Chain.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Asset Management investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Paypal (PYPL), Brookfield Property Partners (BPY), Bank of America (BAC), Walt Disney (DIS), General Electric (GE), Advanced Micro Devices (AMD) and Shopify (SHOP).

Brookfield Asset Management's stock is owned by a number of of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (2.09%), FIL Ltd (1.94%), Jarislowsky Fraser Ltd (1.57%), TD Asset Management Inc. (1.35%), FMR LLC (0.80%) and Great West Life Assurance Co. Can (0.76%). View Institutional Ownership Trends for Brookfield Asset Management.

BAM stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Goldman Sachs Group Inc., FIL Ltd, Bank of America Corp DE, MUFG Securities EMEA plc, Jane Street Group LLC, CI Investments Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Brookfield Asset Management.

BAM stock was acquired by a variety of institutional investors in the last quarter, including Madison Asset Management LLC, FMR LLC, Jarislowsky Fraser Ltd, CIBC Private Wealth Group LLC, TD Asset Management Inc., Toronto Dominion Bank, M&G Investment Management Ltd. and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. 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, Robinhood, Fidelity and Charles Schwab.

One share of BAM stock can currently be purchased for approximately $67.96.