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. Investors 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 dividend on an annualized basis and a dividend 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 the morning of Wednesday, May 13th 2015. The 3-2 split was announced on Wednesday, April 8th 2015. The newly minted 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 announced that its Board of Directors has approved a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to repurchase 82,960,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Brookfield Asset Management Inc (NYSE:BAM) announced its quarterly earnings data on Thursday, November, 8th. The financial services provider reported $0.11 EPS for the quarter, missing the Zacks' 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 company's revenue was up 21.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.79 earnings per share. 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 Wall Street analysts have issued 1-year target prices for Brookfield Asset Management's shares. Their predictions range from $47.00 to $57.00. On average, they expect Brookfield Asset Management's share price to reach $51.75 in the next twelve months. This suggests a possible upside of 25.0% 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 stories about BAM stock have been trending somewhat positive this week, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring 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 coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 9.0 out of 10, meaning that recent press 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 a number of of institutional and retail 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 bought 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 $41.41.

Brookfield Asset Management has a market capitalization of $41.07 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]