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. Investors of record on Friday, February 28th will be given 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 1.05%. 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's stock split on the morning of Thursday, April 2nd 2020. The 3-2 split was announced on Thursday, February 13th 2020. The newly issued shares will be distributed to shareholders after the closing bell 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) posted its quarterly earnings data on Thursday, February, 13th. The financial services provider reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.49. The financial services provider had revenue of $17.82 billion for the quarter, compared to the consensus estimate of $13.75 billion. Brookfield Asset Management had a net margin of 4.14% and a return on equity of 2.71%. The business's revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the business 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 Wall Street analysts have issued twelve-month price targets for Brookfield Asset Management's stock. Their forecasts range from $59.00 to $77.00. On average, they expect Brookfield Asset Management's share price to reach $67.25 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. 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.

News stories about BAM stock have been trending negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookfield Asset Management earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Brookfield Asset Management.

Brookfield Asset Management saw a decrease in short interest during 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 trading volume of 1,180,000 shares, the short-interest ratio is presently 3.2 days. Approximately 0.4% of the shares of the company are sold short. View Brookfield Asset Management's Current Options Chain.

Some companies that are related to Brookfield Asset Management include 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).

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

Brookfield Asset Management's stock is owned by a variety of of institutional and retail 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%), Capital World Investors (1.22%) and FMR LLC (0.80%). 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., Capital World Investors, Toronto Dominion Bank and M&G Investment Management Ltd.. 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 $68.29.

Brookfield Asset Management has a market capitalization of $71.67 billion and generates $67.83 billion in revenue each year. Brookfield Asset Management employs 100,000 workers across the globe.View Additional Information About Brookfield Asset Management.

The official website for Brookfield Asset Management is http://www.brookfield.com/.

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]