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

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, February 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.18 per share on Tuesday, March 31st. This represents a $0.72 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Thursday, February 27th. This is an increase from Brookfield Asset Management's previous quarterly dividend of $0.16. View Brookfield Asset Management's Dividend History.

Brookfield Asset Management's stock split before market open on Thursday, April 2nd 2020. The 3-2 split was announced on Thursday, February 13th 2020. The newly minted shares will be payable to shareholders after the closing bell on Wednesday, April 1st 2020. 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 Inc (NYSE:BAM) announced its earnings results on Thursday, February, 13th. The financial services provider reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.49. The financial services provider had revenue of $17.82 billion for the quarter, compared to analyst estimates of $13.75 billion. Brookfield Asset Management had a net margin of 4.14% and a return on equity of 2.71%. The company's revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.87 EPS. View Brookfield Asset Management's Earnings History.

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Brookfield Asset Management.

7 analysts have issued 1 year price targets for Brookfield Asset Management's shares. Their forecasts range from $59.00 to $77.00. On average, they expect Brookfield Asset Management's share price to reach $65.25 in the next year. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for Brookfield Asset Management.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brookfield Asset Management.

News articles about BAM stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brookfield Asset Management earned a news impact score of 1.8 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Brookfield Asset Management.

Brookfield Asset Management saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 3,790,000 shares, a decline of 11.7% from the January 15th total of 4,290,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the short-interest ratio is presently 3.2 days. Approximately 0.4% of the shares of the company are sold short. View Brookfield Asset Management's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Asset Management investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Paypal (PYPL), Brookfield Property Partners (BPY), Bank of America (BAC), Walt Disney (DIS), General Electric (GE), Advanced Micro Devices (AMD) and Shopify (SHOP).

Brookfield Asset Management's stock is owned by a number of of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (2.09%), FIL Ltd (1.94%), Jarislowsky Fraser Ltd (1.57%), TD Asset Management Inc. (1.35%), FMR LLC (0.80%) and Great West Life Assurance Co. Can (0.76%). View Institutional Ownership Trends for Brookfield Asset Management.

BAM stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Goldman Sachs Group Inc., FIL Ltd, Bank of America Corp DE, MUFG Securities EMEA plc, Jane Street Group LLC, CI Investments Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Brookfield Asset Management.

BAM stock was purchased by a variety of institutional investors in the last quarter, including Madison Asset Management LLC, FMR LLC, Jarislowsky Fraser Ltd, CIBC Private Wealth Group LLC, TD Asset Management Inc., Toronto Dominion Bank, M&G Investment Management Ltd. and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. 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, Robinhood, Fidelity and Charles Schwab.

One share of BAM stock can currently be purchased for approximately $67.96.

Brookfield Asset Management has a market capitalization of $71.32 billion and generates $67.83 billion in revenue each year. Brookfield Asset Management employs 100,000 workers across the globe.View Additional Information About Brookfield Asset Management.

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]