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 declared a quarterly dividend on Thursday, November 8th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.15 per share on Monday, December 31st. This represents a $0.60 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Thursday, November 29th. View Brookfield Asset Management's Dividend History.

Shares of Brookfield Asset Management split before market open on Wednesday, May 13th 2015. The 3-2 split was announced on Wednesday, April 8th 2015. The newly created shares were distributed 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 announced that its Board of Directors has authorized a stock buyback program 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 reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Brookfield Asset Management Inc (NYSE:BAM) released its earnings results on Thursday, February, 14th. The financial services provider reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $1.72. The financial services provider earned $16.01 billion during the quarter. Brookfield Asset Management had a return on equity of 4.30% and a net margin of 6.31%. The business's revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.28 earnings per share. View Brookfield Asset Management's Earnings History.

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Brookfield Asset Management.

6 Wall Street analysts have issued twelve-month target prices for Brookfield Asset Management's shares. Their forecasts range from $48.00 to $62.00. On average, they anticipate Brookfield Asset Management's share price to reach $52.75 in the next twelve months. This suggests a possible upside of 18.7% 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.

News coverage about BAM stock has trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brookfield Asset Management earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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), AmBase (ABCP) and Elbit Imaging (EMITF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Asset Management investors own include Electronic Arts (EA), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Celgene (CELG), Intel (INTC), Netflix (NFLX), Cisco Systems (CSCO), General Electric (GE) and Bank of America (BAC).

Brookfield Asset Management's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (2.83%), Principal Financial Group Inc. (2.33%), TD Asset Management Inc. (1.87%), Beutel Goodman & Co Ltd. (1.54%), First Manhattan Co. (1.42%) and Mackenzie Financial Corp (1.23%).

BAM stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Great West Life Assurance Co. Can, Bank of Montreal Can, Hsbc Holdings PLC, 1832 Asset Management L.P., First Manhattan Co. and Toronto Dominion Bank.

BAM stock was acquired by a variety of institutional investors in the last quarter, including Jarislowsky Fraser Ltd, Mackenzie Financial Corp, Montrusco Bolton Investments Inc., CI Investments Inc., Check Capital Management Inc. CA, Confluence Investment Management LLC, D. E. Shaw & Co. Inc. and Zurcher Kantonalbank Zurich Cantonalbank.

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 $44.45.

Brookfield Asset Management has a market capitalization of $44.15 billion and generates $56.77 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]