About Brookfield Asset Management (NYSE:BAM)
Brookfield Asset Management Inc. is an alternative asset manager. The Company operates in eight segments. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Property segment includes the ownership, operation and development of office, retail and other properties. The Renewable power segment operates and develops hydroelectric, wind power and other generating facilities. The Infrastructure segment includes the ownership, operation and development of utilities and agricultural operations, among others. The Residential development segment includes homebuilding, condominium development and land development. The Service activities segment includes construction management and contracting services and property services. The Private equity segment includes the investments and operations overseen by its private equity group. The Corporate activities segment includes the allocation of capital to its operating platforms.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Management & Fund Operators
- Sub-Industry: N/A
- Symbol: NYSE:BAM
- CUSIP: N/A
- Web: www.brookfield.com
Capitalization:- Market Cap: $41.2 billion
- Outstanding Shares: 958,740,000
Average Prices:- 50 Day Moving Avg: $40.48
- 200 Day Moving Avg: $38.75
- 52 Week Range: $32.04 - $43.15
P/E:- Trailing P/E Ratio: 33.34
- Foreward P/E Ratio: 22.98
- P/E Growth: 4.84
Sales & Book Value:- Annual Revenue: $30.02 billion
- Price / Sales: 1.37
- Book Value: $23.29 per share
- Price / Book: 1.84
Dividend:- Annual Dividend: $0.56
- Dividend Yield: 1.3%
Profitability:- EBITDA: $8.47 billion
- Net Margins: 4.87%
- Return on Equity: 2.10%
- Return on Assets: 0.84%
Debt:- Debt-to-Equity Ratio: 0.96%
- Current Ratio: 1.31%
- Quick Ratio: 1.02%
Misc:- Average Volume: 723,956 shs.
- Beta: 1.04
- Short Ratio: 5.41
Frequently Asked Questions for Brookfield Asset Management (NYSE:BAM)
What is Brookfield Asset Management's stock symbol?
Brookfield Asset Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAM."
How often does Brookfield Asset Management pay dividends? What is the dividend yield for Brookfield Asset Management?
Brookfield Asset Management declared a quarterly dividend on Friday, August 11th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.14 per share on Friday, September 29th. This represents a $0.56 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Tuesday, August 29th. View Brookfield Asset Management's Dividend History.
When did Brookfield Asset Management's stock split? How did Brookfield Asset Management's stock split work?
Brookfield Asset Management shares split on the morning of 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.
How will Brookfield Asset Management's stock buyback program work?
Brookfield Asset Management declared that its board has initiated a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback 82,960,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.
How were Brookfield Asset Management's earnings last quarter?
Brookfield Asset Management Inc (NYSE:BAM) released its earnings results on Thursday, August, 10th. The company reported $0.19 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.28. The company earned $9.44 billion during the quarter, compared to analysts' expectations of $5.27 billion. Brookfield Asset Management had a net margin of 4.87% and a return on equity of 2.10%. The business's quarterly revenue was up 58.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.15 EPS. View Brookfield Asset Management's Earnings History.
When will Brookfield Asset Management make its next earnings announcement?
Where is Brookfield Asset Management's stock going? Where will Brookfield Asset Management's stock price be in 2017?
6 analysts have issued 12 month price objectives for Brookfield Asset Management's shares. Their predictions range from $43.00 to $56.00. On average, they expect Brookfield Asset Management's share price to reach $48.17 in the next twelve months. View Analyst Ratings for Brookfield Asset Management.
Who are some of Brookfield Asset Management's key competitors?
Some companies that are related to Brookfield Asset Management include BlackRock (BLK), UBS AG (UBS), Bank Of New York Mellon Corporation (The) (BK), State Street Corporation (STT), Franklin Resources (BEN), Ameriprise Financial Services (AMP), Northern Trust Corporation (NTRS), Affiliated Managers Group (AMG), 3i Group plc (III), Apollo Global Management, LLC (APO), Legg Mason (LM), Oaktree Capital Group, LLC (OAK), Intermediate Capital Group plc (ICP), Noah Holdings (NOAH), Fortress Investment Group LLC (FIG), Waddell & Reed Financial (WDR), Sanne Group PLC (SNN) and IP Group Plc (IPO).
Who are Brookfield Asset Management's key executives?
Brookfield Asset Management's management team includes the folowing people:
- Frank J. McKenna QC, Independent Chairman of the Board
- J. Bruce Flatt, Chief Executive Officer, Senior Managing Partner, Director
- Brian D. Lawson, Chief Financial Officer and Senior Managing Partner
- Jack L. Cockwell, Group Chairman, Director
- A. J. Silber, Vice President - Legal Affairs, Corporate Secretary
- Jeffrey M. Blidner, Senior Managing Partner, Director
- Brian William Kingston, Senior Managing Partner
- Cyrus Madon, Senior Managing Partner
- Samuel J. B. Pollock, Senior Managing Partner
- Robert James Harding, Director
How do I buy Brookfield Asset Management stock?
Shares of Brookfield Asset Management can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Brookfield Asset Management's stock price today?
One share of Brookfield Asset Management stock can currently be purchased for approximately $42.97.
MarketBeat Community Rating for Brookfield Asset Management (NYSE BAM)MarketBeat's community ratings are surveys of what our community members think about Brookfield Asset Management and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Brookfield Asset Management (NYSE:BAM) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $48.17 (12.09% upside) |
Consensus Price Target History for Brookfield Asset Management (NYSE:BAM)
Analysts' Ratings History for Brookfield Asset Management (NYSE:BAM)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/11/2017 | Scotiabank | Boost Price Target | Outperform | $42.75 -> $56.00 | N/A |  |
| 10/2/2017 | Canaccord Genuity | Reiterated Rating | Buy | $47.00 | Low | |
| 9/28/2017 | Royal Bank Of Canada | Reiterated Rating | Outperform -> Outperform | | Low | |
| 8/15/2017 | Citigroup Inc. | Boost Price Target | Buy | $45.00 -> $48.00 | Low | |
| 8/11/2017 | TD Securities | Boost Price Target | Buy | $47.00 -> $50.00 | High | |
| 7/14/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Buy | $45.00 | Medium | |
| 10/6/2016 | Credit Suisse Group | Set Price Target | Hold | $36.00 | N/A | |
| 9/26/2016 | BMO Capital Markets | Reiterated Rating | Outperform | $40.00 -> $42.00 | N/A | |
| 11/26/2015 | CIBC | Reiterated Rating | Sector Outperform | $38.50 | N/A | |
(Data available from 10/18/2015 forward)
Earnings History for Brookfield Asset Management (NYSE:BAM)Earnings History by Quarter for Brookfield Asset Management (NYSE BAM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/9/2017 | | | | | | | N/A | |
| 8/10/2017 | 6/30/2017 | $0.47 | $0.19 | $5.27 billion | $9.44 billion | View | N/A | |
| 5/11/2017 | Q1 17 | $0.18 | ($0.08) | $5.02 billion | $6.00 billion | View | N/A | |
| 2/9/2017 | Q416 | $0.22 | $0.14 | $4.78 billion | $6.94 billion | View | N/A | |
| 11/11/2016 | Q316 | $0.22 | $0.87 | $4.80 billion | $6.29 billion | View | N/A | |
| 8/12/2016 | Q216 | $0.23 | $0.62 | $4.78 billion | $5.97 billion | View | Listen | |
| 5/13/2016 | Q116 | $0.27 | $0.23 | $4.54 billion | $5.22 billion | View | Listen | |
| 2/12/2016 | Q415 | $0.20 | $0.97 | $4.77 billion | $5.54 billion | View | Listen | |
| 11/6/2015 | Q315 | $0.45 | $0.48 | $4.70 billion | $5.06 billion | View | N/A | |
| 8/7/2015 | Q215 | $0.46 | $0.50 | $4.67 billion | $4.92 billion | View | N/A | |
| 5/6/2015 | Q115 | $0.67 | $0.82 | $4.40 billion | $4.40 billion | View | N/A | |
| 2/13/2015 | Q414 | $0.63 | $0.78 | $4.97 billion | $4.69 billion | View | N/A | |
| 11/7/2014 | Q314 | $0.33 | $1.12 | $4.54 billion | $4.66 billion | View | N/A | |
| 8/8/2014 | Q214 | $0.31 | $0.84 | $4.16 billion | $4.84 billion | View | N/A | |
| 2/13/2014 | Q413 | $0.56 | $1.59 | $4.71 billion | $5.54 billion | View | N/A | |
| 11/8/2013 | Q313 | $0.58 | $1.85 | $5.03 billion | $5.18 billion | View | N/A | |
| 8/9/2013 | Q213 | $0.40 | $0.68 | $4.66 billion | $5.17 billion | View | N/A | |
| 5/9/2013 | Q113 | $0.30 | $1.03 | | | View | N/A | |
| 2/15/2013 | Q412 | $0.29 | $0.67 | $4.58 billion | $5.39 billion | View | N/A | |
| 11/9/2012 | Q312 | $0.24 | $0.48 | $4.65 billion | $4.70 billion | View | N/A | |
| 8/10/2012 | | $0.31 | $0.17 | | | View | N/A | |
| 5/10/2012 | | $0.40 | $0.40 | | | View | N/A | |
| 11/11/2011 | | $0.28 | $0.36 | | | View | N/A | |
| 5/11/2011 | | $0.21 | $0.41 | | | View | N/A | |
| 2/18/2011 | | $0.30 | $1.80 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Brookfield Asset Management (NYSE:BAM)2017 EPS Consensus Estimate: $2.38
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.57 | $0.57 | $0.57 |
| Q2 2017 | 1 | $0.60 | $0.60 | $0.60 |
| Q3 2017 | 1 | $0.58 | $0.58 | $0.58 |
| Q4 2017 | 1 | $0.63 | $0.63 | $0.63 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Brookfield Asset Management (NYSE:BAM)| Most Recent Dividend: | 9/29/2017 |
| Annual Dividend: | $0.56 |
| Dividend Yield: | 1.30% |
| Dividend Growth: | 9.80% (3 Year Average) |
| Payout Ratio: | 43.75% (Trailing 12 Months of Earnings)
65.12% (Based on This Year's Estimates)
29.95% (Based on Next Year's Estimates)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Brookfield Asset Management (NYSE BAM)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/11/2017 | quarterly | $0.14 | 1.46% | 8/29/2017 | 8/31/2017 | 9/29/2017 |
| 5/11/2017 | quarterly | $0.14 | 1.47% | 5/26/2017 | 5/31/2017 | 6/30/2017 |
| 2/9/2017 | quarterly | $0.14 | 1.5% | 2/24/2017 | 2/28/2017 | 3/31/2017 |
| 11/11/2016 | quarterly | $0.13 | | 11/28/2016 | 11/30/2016 | 12/31/2016 |
| 8/12/2016 | quarterly | $0.13 | | 8/29/2016 | 8/31/2016 | 9/30/2016 |
| 5/13/2016 | quarterly | $0.13 | | 5/26/2016 | 5/31/2016 | 6/30/2016 |
| 2/12/2016 | quarterly | $0.13 | | 2/25/2016 | 2/29/2016 | 3/31/2016 |
| 11/6/2015 | quarterly | $0.12 | | 11/25/2015 | 11/30/2015 | 12/31/2015 |
| 8/7/2015 | quarterly | $0.12 | | 8/27/2015 | 8/31/2015 | 9/30/2015 |
| 4/20/2015 | quarterly | $0.12 | 0.87% | 5/27/2015 | 5/29/2015 | 6/30/2015 |
| 2/13/2015 | quarterly | $0.17 | 1.24% | 2/25/2015 | 2/27/2015 | 3/31/2015 |
| 11/10/2014 | quarterly | $0.16 | 1.27% | 11/26/2014 | 11/30/2014 | 12/31/2014 |
| 8/8/2014 | quarterly | $0.16 | 1.42% | 8/27/2014 | 8/31/2014 | 9/30/2014 |
| 5/7/2014 | quarterly | $0.16 | 1.49% | 5/28/2014 | 5/31/2014 | 6/30/2014 |
| 11/11/2013 | quarterly | $0.20 | 2.03% | 1/29/2014 | 2/1/2014 | 2/28/2014 |
| 8/12/2013 | quarterly | $0.15 | 1.62% | 10/30/2013 | 11/1/2013 | 11/30/2013 |
| 5/10/2013 | quarterly | $0.15 | 1.57% | 7/30/2013 | 8/1/2013 | 8/31/2013 |
| 2/15/2013 | quarterly | $0.15 | 1.56% | 4/29/2013 | 5/1/2013 | 5/31/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Brookfield Asset Management (NYSE:BAM)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Brookfield Asset Management (NYSE:BAM)
Latest Headlines for Brookfield Asset Management (NYSE:BAM)
| Source: |
|
| Date | Headline |
|---|
 | Brazil's Renova says exclusive period ends for Brookfield talks
finance.yahoo.com - October 17 at 10:12 PM |
 | TerraForm Power +38% as Brookfield officially becomes sponsor
seekingalpha.com - October 17 at 5:10 PM |
 | Is Brookfield Asset Management Inc. Still a Good Investment?
www.fool.ca - October 17 at 5:10 PM |
| Equinox Payments Selects FreedomPay as Integrated Technology Partner
finance.yahoo.com - October 17 at 5:10 PM |
| Behind TerraForm Power Inc's 37% Share Pop Today
finance.yahoo.com - October 17 at 5:10 PM |
| Brookfield Capital Partners II (OSB) L.P. Completes Distribution of Shares of Norbord Inc. to Fund Investors
finance.yahoo.com - October 13 at 10:05 PM |
 | Brookfield Asset Management's Preference Shares, Series 8, Cross 4% Yield Mark
www.nasdaq.com - October 12 at 5:12 PM |
 | Brookfield Asset Management Inc (BAM) PT Raised to $56.00 at Scotiabank
www.americanbankingnews.com - October 11 at 9:06 PM |
| Brookfield Business Partners L.P. 2017 Third Quarter Conference Call and Webcast for Investors and Analysts
finance.yahoo.com - October 11 at 5:52 PM |
| Brookfield Asset Management Inc (BAM) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - October 11 at 10:54 AM |
| Brookfield Asset Management: Value Growth Over Next 5 Years
seekingalpha.com - October 10 at 5:38 PM |
| Brookfield unit to buy energy infra investment firm Center Coast Capital
finance.yahoo.com - October 10 at 5:38 PM |
| TerraForm Power's Buyout Provides Blueprint for 8point3 Energy Partners
finance.yahoo.com - October 10 at 5:38 PM |
| Brookfield to buy Houston-based investment firm focused on energy infrastructure
finance.yahoo.com - October 10 at 5:38 PM |
| Goldman Sachs BDC (GSBD) versus Brookfield Asset Management (BAM) Financial Contrast
www.americanbankingnews.com - October 9 at 12:30 AM |
 | Bullish on Brookfield Asset Management
www.theglobeandmail.com - October 6 at 9:40 PM |
| Hydropower-Focused Brookfield Sees More Sunshine in Its Future
finance.yahoo.com - October 6 at 4:32 PM |
| Brookfield refrains from higher bid for Brazil's Renova -source
finance.yahoo.com - October 5 at 7:30 PM |
| ETFs with exposure to Brookfield Asset Management, Inc. : October 5, 2017
finance.yahoo.com - October 5 at 2:26 PM |
| Better Buy: Brookfield Infrastructure Partners LP vs. Brookfield Asset Management
finance.yahoo.com - October 5 at 2:26 PM |
| Brookfield Is Said to Weigh Buying Abengoa's Atlantica Stake
finance.yahoo.com - October 5 at 2:26 PM |
| How Did Brookfield Asset Management Inc’s (TSX:BAMA) 5.19% ROE Fare Against The Industry?
finance.yahoo.com - October 3 at 4:07 PM |
| Brookfield Asset Management (BAM) and Garrison Capital (GARS) Head to Head Review
www.americanbankingnews.com - October 1 at 6:24 AM |
 | BRIEF-Brookfield Asset Management files for debt shelf of up to $1.5 bln
www.reuters.com - September 29 at 8:42 PM |
| UPDATE 2-Cemig to exit Brazil's Renova as Brookfield hints at higher bid: sources
www.reuters.com - September 29 at 3:40 PM |
| Brookfield Asset Management's (BAM) "Outperform" Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - September 28 at 8:01 AM |
| Reviewing Brookfield Asset Management (BAM) & Franklin Resources (BEN)
www.americanbankingnews.com - September 27 at 12:08 PM |
| Brookfield Asset Management, Inc. :BAM-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017
finance.yahoo.com - September 22 at 12:49 PM |
| Brookfield Asset Management, Inc. : BAM-US: Dividend Analysis : August 31st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 22 at 12:49 PM |
| ETFs with exposure to Brookfield Asset Management, Inc. : September 22, 2017
finance.yahoo.com - September 22 at 12:49 PM |
| Brookfield Asset Management (BAM) and Bank Of New York Mellon Corporation (The) (BK) Financial Survey
www.americanbankingnews.com - September 22 at 6:06 AM |
| Brookfield CEO Flatt on Challenges and Opportunities
finance.yahoo.com - September 20 at 5:06 PM |
| Reuters: Brookfield considers higher bid for Brazil's Renova - Seeking Alpha
seekingalpha.com - September 20 at 2:32 AM |
| Exclusive: Brookfield mulls raising bid for Brazil's Renova - sources
www.reuters.com - September 19 at 9:28 PM |
| Exclusive: Brookfield mulls raising bid for Brazil's Renova, sources say
www.reuters.com - September 19 at 4:23 PM |
| Brookfield Asset Management Inc (BAM) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - September 16 at 10:48 AM |
| Brazil's Renova extends exclusivity talks with Brookfield
finance.yahoo.com - September 15 at 9:52 PM |
| Financial Contrast: Fortress Investment Group (FIG) & Brookfield Asset Management (BAM)
www.americanbankingnews.com - September 14 at 4:18 AM |
 | IIROC Trading Halt - BAM.PF.J
www.bizjournals.com - September 14 at 3:40 AM |
| IIROC Trade Halt - Brookfield Asset Management Inc.
finance.yahoo.com - September 13 at 5:30 PM |
| Private Chinese suitor said to buy Brookfield-backed energy company
www.theglobeandmail.com - September 12 at 4:34 PM |
| Cash Dividend On The Way From Brookfield Asset Management Class A Preference Shares, Series 2
www.nasdaq.com - September 12 at 4:34 PM |
| Brookfield Asset Management, Inc. breached its 50 day moving average in a Bullish Manner : BAM-US : September 12, 2017
finance.yahoo.com - September 12 at 4:34 PM |
| BRIEF-Brookfield Asset Management announces pricing of US$550 mln note offering
www.reuters.com - September 12 at 3:00 AM |
| Brookfield Asset Management Announces Pricing of US$550 Million Note Offering
finance.yahoo.com - September 11 at 9:59 PM |
| TerraForm Power Operating LLC -- Moody's places Terraform Power Operating ratings on review for upgrade
finance.yahoo.com - September 11 at 9:59 PM |
| Comparing Brookfield Asset Management (BAM) and its Rivals
www.americanbankingnews.com - September 9 at 12:20 PM |
| Reviewing Brookfield Asset Management (BAM) & Affiliated Managers Group (AMG)
www.americanbankingnews.com - September 8 at 6:10 AM |
| Brookfield Asset looking to cash in on palladium investment
seekingalpha.com - September 7 at 4:26 PM |
| Corporate News Blog - Howard Hughes Enters into 10-Year Employment Agreement with CEO
finance.yahoo.com - September 7 at 4:26 PM |
Brookfield Asset Management (BAM) Chart for Wednesday, October, 18, 2017
