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

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, November 8th. Investors of record on Friday, November 30th will be given a dividend of $0.15 per share on Monday, December 31st. This represents a $0.60 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend is Thursday, November 29th. View Brookfield Asset Management's Dividend History.

Shares of Brookfield Asset Management 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 of Directors has authorized a share buyback plan on Sunday, June 4th 2017, which allows the company to repurchase 82,960,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

Brookfield Asset Management Inc (NYSE:BAM) announced its quarterly earnings results on Thursday, November, 8th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.21. The financial services provider had revenue of $14.86 billion for the quarter. Brookfield Asset Management had a net margin of 5.10% and a return on equity of 3.52%. The business's revenue was up 21.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.79 EPS. View Brookfield Asset Management's Earnings History.

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Brookfield Asset Management.

6 brokerages have issued 12-month price targets for Brookfield Asset Management's shares. Their forecasts range from $47.00 to $57.00. On average, they anticipate Brookfield Asset Management's stock price to reach $51.75 in the next year. This suggests a possible upside of 25.4% from the stock's current price. View Analyst Price Targets for Brookfield Asset Management.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brookfield Asset Management.

Media coverage about BAM stock has been trending very positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 3.9 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

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

Brookfield Asset Management's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (2.93%), Vanguard Group Inc. (2.17%), FIL Ltd (1.98%), TD Asset Management Inc. (1.90%), Beutel Goodman & Co Ltd. (1.55%) and First Manhattan Co. (1.47%).

BAM stock was sold by a variety of institutional investors in the last quarter, including TD Asset Management Inc., FMR LLC, Select Equity Group L.P., Franklin Resources Inc., CIBC Asset Management Inc, Mackenzie Financial Corp, CIBC World Markets Inc. and Canada Pension Plan Investment Board.

BAM stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, CI Investments Inc., Hsbc Holdings PLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Neuberger Berman Group LLC, Vanguard Group Inc. and FIL Ltd.

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 $41.27.

Brookfield Asset Management has a market capitalization of $41.45 billion and generates $40.79 billion in revenue each year. Brookfield Asset Management employs 80,000 workers across the globe.

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]