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. Shareholders 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 1.37%. The ex-dividend date is Thursday, November 29th. View Brookfield Asset Management's Dividend History.

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

Brookfield Asset Management Inc (NYSE:BAM) released its earnings results on Thursday, February, 14th. The financial services provider reported $1.87 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.15 by $1.72. The financial services provider earned $16.01 billion during the quarter. Brookfield Asset Management had a return on equity of 3.52% and a net margin of 5.10%. The business's quarterly revenue was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.28 EPS. View Brookfield Asset Management's Earnings History.

Brookfield Asset Management is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Brookfield Asset Management.

6 Wall Street analysts have issued 12 month price objectives for Brookfield Asset Management's shares. Their predictions range from $47.00 to $62.00. On average, they expect Brookfield Asset Management's share price to reach $52.5833 in the next twelve months. This suggests a possible upside of 19.7% 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.

Press coverage about BAM stock has been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brookfield Asset Management earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.

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), AmBase (ABCP) and Elbit Imaging (EMITF).

Brookfield Asset Management's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (2.83%), Principal Financial Group Inc. (2.33%), TD Asset Management Inc. (1.87%), Beutel Goodman & Co Ltd. (1.54%), First Manhattan Co. (1.42%) and Mackenzie Financial Corp (1.23%).

BAM stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Great West Life Assurance Co. Can, Bank of Montreal Can, Hsbc Holdings PLC, 1832 Asset Management L.P., First Manhattan Co. and Toronto Dominion Bank.

BAM stock was acquired by a variety of institutional investors in the last quarter, including Jarislowsky Fraser Ltd, Mackenzie Financial Corp, Montrusco Bolton Investments Inc., CI Investments Inc., Check Capital Management Inc. CA, Confluence Investment Management LLC, D. E. Shaw & Co. Inc. and Zurcher Kantonalbank Zurich Cantonalbank.

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 $43.93.

Brookfield Asset Management has a market capitalization of $43.63 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]