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. Investors of record on Thursday, May 31st will be given 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 1.43%. The ex-dividend date of this dividend is Wednesday, May 30th. View Brookfield Asset Management's Dividend History.

Shares of Brookfield Asset Management split on Wednesday, May 13th 2015. The 3-2 split was announced on Wednesday, April 8th 2015. The newly issued shares were distributed 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.

Brookfield Asset Management announced that its board has approved a share buyback plan on Sunday, June 4th 2017, which permits the company to repurchase 82,960,000 shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Brookfield Asset Management Inc (NYSE:BAM) posted its quarterly earnings data on Thursday, May, 10th. The financial services provider reported $1.16 EPS for the quarter, beating the 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%. Brookfield Asset Management's quarterly revenue was up 110.5% on a year-over-year basis. During the same quarter in the previous year, the company 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 analysts have issued 12-month price objectives for Brookfield Asset Management's shares. Their forecasts range from $46.00 to $55.00. On average, they anticipate Brookfield Asset Management's stock price to reach $49.50 in the next year. This suggests a possible upside of 18.0% 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), Elbit Imaging (EMITF) and AmBase (ABCP).

News headlines about BAM stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brookfield Asset Management earned a news impact score of 0.10 on Accern's scale. They also gave headlines about the financial services provider an impact score of 45.48 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Brookfield Asset Management's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 America First Investment Advisors LLC (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, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Addenda Capital Inc., Lawson Kroeker Investment Management Inc. NE, World Asset Management Inc, 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 acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Creative Planning, Rathbone Brothers plc, America First Investment Advisors LLC, Moon Capital Management LLC, Atria Investments LLC, Cortland Associates Inc. MO and Callahan Advisors LLC. 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 $41.94.

Brookfield Asset Management has a market capitalization of $41.60 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]