Brookfield Asset Management (BAM) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 1 sell rating, 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BAM shares.
View BAM analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued 12 month price targets for Brookfield Asset Management's stock. Their BAM share price forecasts range from $32.00 to $73.00. On average, they predict the company's share price to reach $43.57 in the next year. This suggests a possible upside of 37.6% from the stock's current price.
View analysts price targets for BAM or view top-rated stocks among Wall Street analysts.

Brookfield Asset Management's stock was trading at $28.67 at the beginning of the year. Since then, BAM stock has increased by 10.4% and is now trading at $31.66.
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Brookfield Asset Management saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,900,000 shares, an increase of 59.6% from the April 30th total of 4,950,000 shares. Based on an average trading volume of 1,660,000 shares, the days-to-cover ratio is presently 4.8 days. Currently, 2.1% of the company's shares are sold short.
View Brookfield Asset Management's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our BAM earnings forecast.

Brookfield Asset Management Ltd. (NYSE:BAM) released its quarterly earnings results on Wednesday, February, 8th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.01. The financial services provider earned $958.10 million during the quarter, compared to analysts' expectations of $21.81 billion.

Brookfield Asset Management announced a quarterly dividend on Wednesday, May 10th. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.32 per share on Friday, June 30th. This represents a $1.28 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Tuesday, May 30th.
Read our dividend analysis for BAM.

ETFs with the largest weight of Brookfield Asset Management (NYSE:BAM) stock in their portfolio include FMC Excelsior Focus Equity ETF (FMCX), Strategas Global Policy Opportunities ETF (SAGP), Motley Fool Global Opportunities ETF (TMFG), Horizon Kinetics Inflation Beneficiaries ETF (INFL), Schwab International Equity ETF (SCHF), SPDR MSCI ACWI ex-US ETF (CWI), Vanguard International Dividend Appreciation ETF (VIGI) and Schwab Fundamental International Large Company Index ETF (FNDF).

Brookfield Asset Management (NYSE:BAM) pays an annual dividend of $1.28 per share and currently has a dividend yield of 4.19%. BAM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BAM.

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 created shares were distributed to shareholders after the closing bell on Wednesday, April 1st 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Asset Management investors own include AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Bank of America (BAC), Verizon Communications (VZ), Walmart (WMT), Intel (INTC) and JPMorgan Chase & Co. (JPM).

Brookfield Asset Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAM."

Brookfield Asset Management's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Brookfield Corp ON (7.40%), Principal Financial Group Inc. (3.01%), FMR LLC (2.61%), FIL Ltd (1.57%), CIBC Asset Management Inc (1.25%) and Mackenzie Financial Corp (1.21%). Insiders that own company stock include Ati Investment Parent, Llc, Brookfield Asset Management In, Multi-Strategy Mast Brookfield, Oaktree Capital Management Gp,, Oaktree Capital Management Lp, Ocm Growth Holdings Llc and Opps Tpic Holdings, Llc.
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Shares of BAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BAM stock can currently be purchased for approximately $31.66.

Brookfield Asset Management (NYSE:BAM) has a market capitalization of $13.06 billion and generates $3.76 billion in revenue each year.

The company employs 180,000 workers across the globe.

Brookfield Asset Management's mailing address is Suite 300 Brookfield Place 181 Bay Street P.O. Box 762, Toronto A6, M5J2T3. The official website for the company is www.brookfield.com. The financial services provider can be reached via phone at 416-363-9491, via email at enquiries@brookfield.com, or via fax at 416-365-9642.