NYSE:BAM - Brookfield Asset Management Stock Price, Price Target & More

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, May 10th. Investors of record on Thursday, May 31st will be paid a dividend of $0.15 per share on Friday, June 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Wednesday, May 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 closing bell 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 initiated a share repurchase plan on Sunday, June 4th 2017, which allows the company to buyback 82,960,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board believes its shares are undervalued.

Brookfield Asset Management Inc (NYSE:BAM) posted its earnings results on Thursday, May, 10th. The financial services provider reported $1.16 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.16 by $1.00. The financial services provider had revenue of $12.63 billion for the quarter. Brookfield Asset Management had a net margin of 4.97% and a return on equity of 3.18%. The business's quarterly revenue was up 110.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.08) EPS. View Brookfield Asset Management's Earnings History.

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Brookfield Asset Management.

5 Wall Street analysts have issued 1 year target prices for Brookfield Asset Management's shares. Their predictions range from $46.00 to $55.00. On average, they anticipate Brookfield Asset Management's share price to reach $49.50 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View Analyst Ratings 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."

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 been trending somewhat negative this week, according to Accern Sentiment Analysis. The research group identifies positive and negative 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 media sentiment score of -0.06 on Accern's scale. They also gave news stories about the financial services provider an impact score of 47.74 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Brookfield Asset Management's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (2.97%), Addenda Capital Inc. (0.26%), Fenimore Asset Management Inc. (0.20%), Addenda Capital Inc. (0.13%), LGT Capital Partners LTD. (0.05%) and Gulf International Bank UK Ltd (0.03%). View Institutional Ownership Trends for Brookfield Asset Management.

BAM stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Addenda Capital Inc., Lawson Kroeker Investment Management Inc. NE, World Asset Management Inc, Radnor Capital Management LLC, LGT Capital Partners LTD. and Fenimore Asset Management Inc.. View Insider Buying and Selling for Brookfield Asset Management.

BAM stock was bought by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Rathbone Brothers plc, Moon Capital Management LLC, Atria Investments LLC, Cortland Associates Inc. MO, Callahan Advisors LLC, Gulf International Bank UK Ltd and Heritage Wealth Advisors. 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, Scottrade, Fidelity and Charles Schwab.

One share of BAM stock can currently be purchased for approximately $42.02.

Brookfield Asset Management has a market capitalization of $41.63 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]