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 declared a quarterly dividend on Thursday, May 10th. Shareholders 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 yield of 1.44%. The ex-dividend date of this dividend is Wednesday, May 30th. 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 issued 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 authorized a share repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase 82,960,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its shares are undervalued.

Brookfield Asset Management Inc (NYSE:BAM) announced its earnings results on Thursday, May, 10th. The financial services provider reported $1.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $1.00. The financial services provider earned $12.63 billion during the quarter. Brookfield Asset Management had a return on equity of 3.18% and a net margin of 4.97%. The company's quarterly revenue was up 110.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.08) earnings per share. 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 equities research analysts have issued 12 month target prices for Brookfield Asset Management's shares. Their forecasts range from $46.00 to $55.00. On average, they expect Brookfield Asset Management's share price to reach $49.50 in the next twelve months. This suggests a possible upside of 18.4% 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).

News articles about BAM stock have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brookfield Asset Management earned a media sentiment score of 0.07 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 44.78 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Brookfield Asset Management's stock is owned by a number 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, Addenda Capital Inc., Lawson Kroeker Investment Management Inc. NE, 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 purchased 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 and Gulf International Bank UK Ltd. 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 $41.81.

Brookfield Asset Management has a market capitalization of $41.36 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]