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 yield of 1.41%. The ex-dividend date of this dividend is Thursday, November 29th. View Brookfield Asset Management's Dividend History.

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.

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.

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.

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 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.

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.

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.

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%), 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%).

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 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.

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 $42.57.

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.

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]