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 announced 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 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Wednesday, May 30th. View Brookfield Asset Management's Dividend History.

Brookfield Asset Management shares split on Wednesday, May 13th 2015. The 3-2 split was announced on Wednesday, April 8th 2015. The newly created shares were distributed 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 has authorized a share repurchase plan on Sunday, June 4th 2017, which permits the company to buyback 82,960,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

Brookfield Asset Management Inc (NYSE:BAM) issued its quarterly earnings data on Thursday, May, 10th. The financial services provider reported $1.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $1.00. The financial services provider had revenue of $12.63 billion for the quarter. Brookfield Asset Management had a net margin of 4.97% and a return on equity of 3.18%. The company's revenue for the quarter was up 110.5% compared to the same quarter last year. During the same period last year, the company earned ($0.08) EPS. 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.

6 brokers have issued 12-month target prices for Brookfield Asset Management's stock. Their forecasts range from $45.00 to $55.00. On average, they expect Brookfield Asset Management's share price to reach $48.75 in the next twelve months. View Analyst Ratings for Brookfield Asset Management.

Some companies that are related to Brookfield Asset Management include Sampo Group (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).

Media headlines about BAM stock have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brookfield Asset Management earned a coverage optimism score of 0.10 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 45.90 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Brookfield Asset Management's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Partners Value Investments LP (8.65%), Principal Financial Group Inc. (2.89%), Franklin Resources Inc. (1.33%), The Manufacturers Life Insurance Company (1.31%), CIBC Asset Management Inc (1.25%) and CIBC World Markets Inc. (1.10%). View Institutional Ownership Trends for Brookfield Asset Management.

BAM stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., CI Investments Inc., JPMorgan Chase & Co., Gluskin Sheff & Assoc Inc., Select Equity Group L.P., Intact Investment Management Inc., Sentry Investments Corp. and Legal & General Group Plc. View Insider Buying and Selling for Brookfield Asset Management.

BAM stock was acquired by a variety of institutional investors in the last quarter, including Partners Value Investments LP, OMERS ADMINISTRATION Corp, Caisse DE Depot ET Placement DU Quebec, Principal Financial Group Inc., CIBC Asset Management Inc, Summit Trail Advisors LLC, Neuberger Berman Group LLC and Mcdonald Capital Investors Inc. CA. 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 $41.20.

Brookfield Asset Management has a market capitalization of $39.41 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]