NYSE:BAM - Brookfield Asset Management Stock Price, News, & Analysis

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$42.57 -1.13 (-2.59 %)
(As of 11/21/2018 06:43 AM ET)
Previous Close$43.70
Today's Range$42.48 - $43.30
52-Week Range$37.22 - $45.04
Volume2.42 million shs
Average Volume1.15 million shs
Market Capitalization$43.42 billion
P/E Ratio16.87
Dividend Yield1.37%
Beta1.03
Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm invests in the property, power, and infrastructure sectors. Its property business includes owning and managing office properties, developing master planned residential communities, and offering clients bridge and mezzanine lending, alternative assets funds, and financial and advisory services. Through its subsidiaries, the firm operates hydroelectric power facilities, interconnections and transmission facilities in Northeast North America, and development of wind power in Canada. Through its subsidiaries, it invests in specialty funds including private equity and makes direct investments in real estate, energy, and resource assets. The firm launches and manages equity and fixed income mutual funds. It also manages real estate and hedge funds. The firm invests in equity and fixed income markets across the globe. It was formerly known as Brascan Corp. Brookfield Asset Management Inc. is based in Toronto, Canada with additional offices in Bogota, Colombia, Rio de Janeiro, Brazil, Calgary, Canada, Dubai, United Arab Emirates, Gatineau, Canada, Hong Kong, Hong Kong, London, United Kingdom, Melbourne, Australia, Montreal, Canada, Mumbai, India, New York City, Perth, Australia, Shanghai, China, and Sydney, Australia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Nonresidential building operators
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BAM
Previous Symbol
CUSIPN/A
Phone416-363-9491

Debt

Debt-to-Equity Ratio1.19
Current Ratio1.26
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio16.87
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$40.79 billion
Price / Sales1.04
Cash Flow$3.8665 per share
Price / Cash11.01
Book Value$84.62 per share
Price / Book0.50

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$1.46 billion
Net Margins5.10%
Return on Equity3.52%
Return on Assets1.34%

Miscellaneous

Employees80,000
Outstanding Shares993,490,000
Market Cap$43.42 billion
OptionableOptionable

Brookfield Asset Management (NYSE:BAM) Frequently Asked Questions

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 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 yield of 1.41%. The ex-dividend date of this dividend is Thursday, November 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 before market open on Wednesday, May 13th 2015. The 3-2 split was announced on Wednesday, April 8th 2015. The newly minted shares were issued 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 announced that its Board of Directors has approved a share buyback 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Inc (NYSE:BAM) issued its quarterly earnings results on Thursday, November, 8th. The financial services provider reported $0.11 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.21. The financial services provider earned $14.86 billion during 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 period in the prior year, the firm posted $0.79 EPS. View Brookfield Asset Management's Earnings History.

When is Brookfield Asset Management's next earnings date?

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Brookfield Asset Management.

What price target have analysts set for BAM?

6 brokerages have issued 12 month 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 stock price to reach $51.75 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View Analyst Price Targets for Brookfield Asset Management.

What is the consensus analysts' recommendation 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.

Has Brookfield Asset Management been receiving favorable news coverage?

News headlines about BAM stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing 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 -1.2 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the next several days.

Who are some of Brookfield Asset Management's key competitors?

Who are Brookfield Asset Management's key executives?

Brookfield Asset Management's management team includes the folowing people:
  • Mr. James Bruce Flatt, Sr. Managing Partner, CEO & Director (Age 53)
  • Mr. Brian D. Lawson CA, Sr. Managing Partner, CFO & Director (Age 59)
  • Ms. Lori A. Pearson, Sr. Managing Partner & COO
  • Mr. Jeffrey Allyn Jorgensen, MD, Portfolio Mang. & Director of Research on the Energy Infrastructure Equities team
  • Ms. Linda T. Northwood, Director Investor Relation

Who are Brookfield Asset Management's major shareholders?

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%), FIL Ltd (1.98%), TD Asset Management Inc. (1.90%), Beutel Goodman & Co Ltd. (1.55%), First Manhattan Co. (1.47%) and CIBC Asset Management Inc (1.23%).

Which major investors are selling Brookfield Asset Management stock?

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.

Which major investors are buying Brookfield Asset Management stock?

BAM stock was acquired 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, FIL Ltd and Confluence Investment Management LLC.

How do I buy shares of 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.

What is Brookfield Asset Management's stock price today?

One share of BAM stock can currently be purchased for approximately $42.57.

How big of a company is Brookfield Asset Management?

Brookfield Asset Management has a market capitalization of $43.42 billion and generates $40.79 billion in revenue each year. Brookfield Asset Management employs 80,000 workers across the globe.

What is Brookfield Asset Management's official website?

The official website for Brookfield Asset Management is http://www.brookfield.com.

How can I contact Brookfield Asset Management?

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]


MarketBeat Community Rating for Brookfield Asset Management (NYSE BAM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  367 (Vote Outperform)
Underperform Votes:  328 (Vote Underperform)
Total Votes:  695
MarketBeat's community ratings are surveys of what our community members think about Brookfield Asset Management and other stocks. Vote "Outperform" if you believe BAM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BAM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/21/2018 by MarketBeat.com Staff

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