Brookfield Asset Management Inc. is an alternative asset manager. The Company operates in eight segments. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Property segment includes the ownership, operation and development of office, retail and other properties. The Renewable power segment operates and develops hydroelectric, wind power and other generating facilities. The Infrastructure segment includes the ownership, operation and development of utilities and agricultural operations, among others. The Residential development segment includes homebuilding, condominium development and land development. The Service activities segment includes construction management and contracting services and property services. The Private equity segment includes the investments and operations overseen by its private equity group. The Corporate activities segment includes the allocation of capital to its operating platforms.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Management & Fund Operators - NEC
- Sub-Industry: N/A
- Symbol: NYSE:BAM
- CUSIP: N/A
- Web: www.brookfield.com
- Market Cap: $38.24 billion
- Outstanding Shares: 958,578,000
- 50 Day Moving Avg: $38.70
- 200 Day Moving Avg: $36.85
- 52 Week Range: $32.04 - $40.09
Sales & Book Value:
- Trailing P/E Ratio: 31.84
- Foreward P/E Ratio: 19.27
- P/E Growth: -2.26
- Annual Revenue: $26.74 billion
- Price / Sales: 1.43
- Book Value: $23.48 per share
- Price / Book: 1.70
- Annual Dividend: $0.56
- Dividend Yield: 1.6%
- EBIDTA: $8.19 billion
- Net Margins: 5.39%
- Return on Equity: 2.12%
- Return on Assets: 0.85%
- Debt-to-Equity Ratio: 0.97%
- Current Ratio: 1.53%
- Quick Ratio: 1.22%
- Average Volume: 915,705 shs.
- Beta: 1.04
- Short Ratio: 4.42
Frequently Asked Questions for Brookfield Asset Management (NYSE:BAM)
What is Brookfield Asset Management's stock symbol?
Brookfield Asset Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAM."
How often does Brookfield Asset Management pay dividends? What is the dividend yield for Brookfield Asset Management?
Brookfield Asset Management announced a quarterly dividend on Thursday, May 11th. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.14 per share on Friday, June 30th. This represents a $0.56 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Friday, May 26th. View Brookfield Asset Management's Dividend History.
When did Brookfield Asset Management's stock split? How did Brookfield Asset Management's stock split work?
Brookfield Asset Management's stock split 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.
How will Brookfield Asset Management's stock buyback program work?
Brookfield Asset Management announced that its board has authorized a stock 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 reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.
How were Brookfield Asset Management's earnings last quarter?
Brookfield Asset Management Inc (NYSE:BAM) announced its quarterly earnings results on Thursday, May, 11th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.18 by $0.26. The company had revenue of $6 billion for the quarter, compared to the consensus estimate of $5.02 billion. Brookfield Asset Management had a net margin of 5.39% and a return on equity of 2.12%. The firm's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 earnings per share. View Brookfield Asset Management's Earnings History.
Where is Brookfield Asset Management's stock going? Where will Brookfield Asset Management's stock price be in 2017?
7 brokerages have issued twelve-month price targets for Brookfield Asset Management's stock. Their forecasts range from $36.00 to $47.00. On average, they expect Brookfield Asset Management's stock price to reach $41.57 in the next year. View Analyst Ratings for Brookfield Asset Management.
Who are some of Brookfield Asset Management's key competitors?
Some companies that are related to Brookfield Asset Management include BlackRock (BLK), UBS AG (UBS), Bank Of New York Mellon Corporation (The) (BK), State Street Corporation (STT), Franklin Resources (BEN), AMERIPRISE FINANCIAL SERVICES, INC. (AMP), Northern Trust Corporation (NTRS), Affiliated Managers Group (AMG), 3i Group plc (III), Apollo Global Management, LLC (APO), Legg Mason (LM), Oaktree Capital Group, LLC (OAK), Intermediate Capital Group plc (ICP), Noah Holdings (NOAH), Fortress Investment Group LLC (FIG), Waddell & Reed Financial (WDR), Sanne Group PLC (SNN) and Gamco Investors (GBL).
Who are Brookfield Asset Management's key executives?
Brookfield Asset Management's management team includes the folowing people:
- Frank J. McKenna QC, Independent Chairman of the Board
- J. Bruce Flatt, Chief Executive Officer, Senior Managing Partner, Director
- Brian D. Lawson, Chief Financial Officer and Senior Managing Partner
- Jack L. Cockwell, Group Chairman, Director
- A. J. Silber, Vice President - Legal Affairs, Corporate Secretary
- Jeffrey M. Blidner, Senior Managing Partner, Director
- Brian William Kingston, Senior Managing Partner
- Cyrus Madon, Senior Managing Partner
- Samuel J. B. Pollock, Senior Managing Partner
- Robert James Harding, Director
Who owns Brookfield Asset Management stock?
Brookfield Asset Management's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (3.54%), Beutel Goodman & Co Ltd. (1.72%), Marathon Asset Management LLP (0.27%), Fenimore Asset Management Inc. (0.21%), Hexavest Inc. (0.07%) and America First Investment Advisors LLC (0.03%). View Institutional Ownership Trends for Brookfield Asset Management.
Who sold Brookfield Asset Management stock? Who is selling Brookfield Asset Management stock?
Brookfield Asset Management's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Beutel Goodman & Co Ltd., Creative Planning, US Bancorp DE, Culbertson A N & Co. Inc., Capstone Asset Management Co., DORCHESTER WEALTH MANAGEMENT Co and NEXT Financial Group Inc. View Insider Buying and Selling for Brookfield Asset Management.
Who bought Brookfield Asset Management stock? Who is buying Brookfield Asset Management stock?
Brookfield Asset Management's stock was bought by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Mn Services Vermogensbeheer B.V., Hexavest Inc., America First Investment Advisors LLC, Visionary Asset Management Inc., Fenimore Asset Management Inc., Nexus Investment Management Inc. and Jarislowsky Fraser Ltd. View Insider Buying and Selling for Brookfield Asset Management.
How do I buy Brookfield Asset Management stock?
Shares of Brookfield Asset Management can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Brookfield Asset Management's stock price today?
MarketBeat Community Rating for Brookfield Asset Management (NYSE BAM)MarketBeat's community ratings are surveys of what our community members think about Brookfield Asset Management and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Brookfield Asset Management stock can currently be purchased for approximately $39.89.
Consensus Ratings for Brookfield Asset Management (NYSE:BAM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.86)|
|Consensus Price Target: ||$41.57 (4.22% upside)|
Analysts' Ratings History for Brookfield Asset Management (NYSE:BAM)
(Data available from 7/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/14/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$45.00||Medium|
|6/20/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$42.00||Low|
|5/13/2017||TD Securities||Reiterated Rating||Buy||Low|
|2/9/2017||Canaccord Genuity||Reiterated Rating||Buy||$40.00||N/A|
|1/19/2017||Citigroup Inc.||Initiated Coverage||Buy||$39.00||N/A|
|10/6/2016||Credit Suisse Group||Set Price Target||Hold||$36.00||N/A|
|9/26/2016||BMO Capital Markets||Reiterated Rating||Outperform||$40.00 -> $42.00||N/A|
|11/26/2015||CIBC||Reiterated Rating||Sector Outperform||$38.50||N/A|
|10/14/2015||Scotiabank||Reiterated Rating||Sector Outperform||$39.35||N/A|
Earnings History for Brookfield Asset Management (NYSE:BAM)Earnings History by Quarter for Brookfield Asset Management (NYSE BAM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/11/2017||Q1 17||$0.18||($0.08)||$5.02 billion||$6.00 billion||View||N/A|
|2/9/2017||Q416||$0.22||$0.14||$4.78 billion||$6.94 billion||View||N/A|
|11/11/2016||Q316||$0.22||$0.87||$4.80 billion||$6.29 billion||View||N/A|
|8/12/2016||Q216||$0.23||$0.62||$4.78 billion||$5.97 billion||View||Listen|
|5/13/2016||Q116||$0.27||$0.23||$4.54 billion||$5.22 billion||View||Listen|
|2/12/2016||Q415||$0.20||$0.97||$4.77 billion||$5.54 billion||View||Listen|
|11/6/2015||Q315||$0.45||$0.48||$4.70 billion||$5.06 billion||View||N/A|
|8/7/2015||Q215||$0.46||$0.50||$4.67 billion||$4.92 billion||View||N/A|
|5/6/2015||Q115||$0.67||$0.82||$4.40 billion||$4.40 billion||View||N/A|
|2/13/2015||Q414||$0.63||$0.78||$4.97 billion||$4.69 billion||View||N/A|
|11/7/2014||Q314||$0.33||$1.12||$4.54 billion||$4.66 billion||View||N/A|
|8/8/2014||Q214||$0.31||$0.84||$4.16 billion||$4.84 billion||View||N/A|
|2/13/2014||Q413||$0.56||$1.59||$4.71 billion||$5.54 billion||View||N/A|
|11/8/2013||Q313||$0.58||$1.85||$5.03 billion||$5.18 billion||View||N/A|
|8/9/2013||Q213||$0.40||$0.68||$4.66 billion||$5.17 billion||View||N/A|
|2/15/2013||Q412||$0.29||$0.67||$4.58 billion||$5.39 billion||View||N/A|
|11/9/2012||Q312||$0.24||$0.48||$4.65 billion||$4.70 billion||View||N/A|
Earnings Estimates for Brookfield Asset Management (NYSE:BAM)
2017 EPS Consensus Estimate: $2.38
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Brookfield Asset Management (NYSE:BAM)
|Most Recent Dividend:||6/30/2017|
|Dividend Growth:||9.80% (3 Year Average)|
|Payout Ratio:||44.80% (Trailing 12 Months of Earnings) |
42.42% (Based on This Year's Estimates)
27.05% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Brookfield Asset Management (NYSE BAM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Brookfield Asset Management (NYSE:BAM)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Brookfield Asset Management (NYSE:BAM)
Latest Headlines for Brookfield Asset Management (NYSE:BAM)
|Brazil's Light authorizes Renova to enter exclusive talks with Brookfield|
finance.yahoo.com - July 19 at 10:34 PM
|Jump Into The 21st Century With Brookfield Renewable Partners - Seeking Alpha|
seekingalpha.com - July 19 at 5:34 PM
|Brookfield Asset Management's (NYSE:BAM) "Buy" Rating Reaffirmed at Keefe, Bruyette & Woods|
www.americanbankingnews.com - July 15 at 2:56 PM
|Brookfield Asset Management Notice of 2017 Q2 Results Conference Call and Webcast|
finance.yahoo.com - July 14 at 6:15 PM
|Beutel, Goodman & Co Ltd. Buys Omnicom Group Inc, Sun Life Financial Inc, LyondellBasell ... - Nasdaq|
www.nasdaq.com - July 13 at 5:08 PM
|Brookfield, Renova talks cool over management rights, sources say|
finance.yahoo.com - July 13 at 5:08 PM
|Reuters: Brookfield in talks to purchase J&F power lines - Seeking Alpha|
seekingalpha.com - July 13 at 2:21 AM
|Canada's Brookfield in talks to buy J&F power lines, sources say|
finance.yahoo.com - July 12 at 4:51 PM
|Brookfield Asset Management's Preference Series 4 Shares Cross 3.5% Yield Mark|
www.nasdaq.com - July 10 at 4:19 PM
|BidaskClub Lowers Brookfield Asset Management Inc (BAM) to Hold|
www.americanbankingnews.com - July 8 at 8:58 PM
|Reuters: Brookfield Asset Management sweetens bid for Renova Energia - Seeking Alpha|
seekingalpha.com - July 8 at 8:05 AM
|Brookfield extends Renova bid to controlling bloc -sources|
finance.yahoo.com - July 8 at 8:05 AM
|Brookfield proposes Brazil's Renova buyout -sources|
finance.yahoo.com - July 8 at 8:05 AM
|Brookfield Select Opportunities Income Fund Announces Average Net Asset Value and Status of Annual Redemption Condition|
www.marketwatch.com - July 3 at 9:21 PM
|Brookfield places formal bid for Brazil's Renova, sources say|
finance.yahoo.com - July 3 at 9:21 PM
|Brookfield Asset Management Inc (BAM) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - July 3 at 11:24 AM
|TerraForm Global's Most Brilliant Move in 2017 So Far|
finance.yahoo.com - June 30 at 4:25 PM
|Brookfield Asset Management Inc (BAM) Upgraded to "Buy" by BidaskClub|
www.americanbankingnews.com - June 29 at 10:33 PM
|ETFs with exposure to Brookfield Asset Management, Inc. : June 28, 2017|
finance.yahoo.com - June 28 at 4:27 PM
|Merchant e-Solutions Launches Class-A Support for Apollo Terminal from Equinox Payments|
finance.yahoo.com - June 27 at 3:58 PM
|Brookfield Asset Management's (BAM) "Buy" Rating Reaffirmed at Royal Bank Of Canada|
www.americanbankingnews.com - June 20 at 7:58 AM
|Brookfield Asset Management Announces Results of Conversion of its Series 28 Preferred Shares|
finance.yahoo.com - June 19 at 8:57 PM
|Brookfield Asset Management (BAM) and Northern Trust Corporation (NTRS) Critical Review|
www.americanbankingnews.com - June 19 at 2:10 PM
|NGPL PipeCo. LLC (Old) -- Moody's Upgrades NGPL to Ba1 from Ba3; Outlook Stable|
finance.yahoo.com - June 15 at 5:32 PM
|Macy's Real Estate Remains Dramatically Undervalued|
finance.yahoo.com - June 14 at 9:02 PM
|Brookfield Asset Management Inc (BAM) Lowered to "Hold" at ValuEngine|
www.americanbankingnews.com - June 12 at 10:58 PM
|Court approves SunEdison's settlement with its yieldcos|
www.bizjournals.com - June 12 at 4:50 PM
|Brookfield Asset Management Inc. Investors: What to Do With the Latest Spin-Off|
www.fool.ca - June 9 at 4:24 PM
|Brookfield Asset Management Floating Rate Cumulative Redeemable Class A Preference Shares, Series 4 Ex-Dividend Reminder|
www.nasdaq.com - June 9 at 4:24 PM
|Home Capital Rallies Amid Reports of Private Equity Offers|
finance.yahoo.com - June 8 at 4:33 PM
|Real Estate Development Stocks on Investors' Radar -- Invitation Homes, Brookfield Asset Management, Forestar, and ... - PR Newswire (press release)|
www.prnewswire.com - June 6 at 11:26 AM
|Brookfield Asset Management Inc (BAM) Receives Consensus Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - June 6 at 10:33 AM
|Brookfield Asset Management (BAM) to Repurchase 82,960,000 Stock |
www.americanbankingnews.com - June 4 at 11:08 AM
|Brookfield Asset Management, Inc. : BAM-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : June 2, 2017|
finance.yahoo.com - June 2 at 5:08 PM
|Brookfield Announces Reset Dividend Rate on Its Series 28 and Series 25 Preference Shares|
finance.yahoo.com - June 1 at 9:14 PM
|ETFs with exposure to Brookfield Asset Management, Inc. : June 1, 2017|
finance.yahoo.com - June 1 at 4:12 PM
|Brookfield Asset Management, Inc. :BAM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 31, 2017|
finance.yahoo.com - May 31 at 10:42 AM
|[$$] A Compelling Case for Alternative Assets|
finance.yahoo.com - May 27 at 2:08 AM
|Brookfield Asset Management, Inc. : BAM-US: Dividend Analysis : May 31st, 2017 (record date) : By the numbers : May 26, 2017|
finance.yahoo.com - May 26 at 4:06 PM
|Ex-Dividend Reminder: Sun Life Financial, Brookfield Asset Management and Ebix - Nasdaq|
www.nasdaq.com - May 25 at 4:40 PM
|Blog Coverage Brookfield Announced Renewal of Normal Course Bid; Plans to Generate Excess Cash to Fuel Business Operations|
finance.yahoo.com - May 22 at 10:48 AM
|Brookfield Asset Management - The Future Looks Bright|
seekingalpha.com - May 20 at 8:55 PM
|Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid - MarketWatch|
www.marketwatch.com - May 19 at 9:18 AM
|Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid|
finance.yahoo.com - May 19 at 9:18 AM
|Brookfield Asset Management, Inc. breached its 50 day moving average in a Bearish Manner : BAM-US : May 19, 2017|
finance.yahoo.com - May 19 at 9:18 AM
|Brookfield Asset Management's Preference Shares, Series 26 Yield Pushes Past 4.5% - Nasdaq|
www.nasdaq.com - May 17 at 3:48 PM
|Brookfield Asset Management Inc (BAM) Receives "Buy" Rating from Keefe, Bruyette & Woods|
www.americanbankingnews.com - May 13 at 7:24 AM
|Brookfield Asset Management's (BAM) CEO Bruce Flatt on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha|
seekingalpha.com - May 12 at 4:21 PM
|Canada's Brookfield to become controlling shareholder in Brazil's Renova|
finance.yahoo.com - May 12 at 4:21 PM
|Royal Bank of Canada Boosts Brookfield Asset Management Inc (BAM) Price Target to $42.00|
www.americanbankingnews.com - May 12 at 4:04 PM
Brookfield Asset Management (BAM) Chart for Thursday, July, 20, 2017