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NYSE:BAM

Brookfield Asset Management Stock Forecast, Price & News

$41.22
+0.30 (+0.73 %)
(As of 12/3/2020 12:00 AM ET)
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Today's Range
$40.72
Now: $41.22
$41.45
50-Day Range
$29.78
MA: $36.01
$43.04
52-Week Range
$21.57
Now: $41.22
$45.61
Volume3.03 million shs
Average Volume2.63 million shs
Market Capitalization$64.92 billion
P/E RatioN/A
Dividend Yield1.17%
Beta1.29
Brookfield Asset Management is a leading global alternative asset manager and one of the largest investors in real assets. Our investment focus is on real estate, renewable power, infrastructure and private equity assets. Our objective is to generate attractive long-term risk-adjusted returns for the benefit of our clients and shareholders. We manage a range of public and private investment products and services for institutional and retail clients. We earn asset management income for doing so and align our interests with our clients by investing alongside them. We have an exceptionally strong balance sheet, with over $30 billion of capital invested, primarily in our four listed partnerships: Brookfield Property Partners, Brookfield Infrastructure Partners, Brookfield Renewable Partners and Brookfield Business Partners. This access to large-scale capital enables us to make investments in sizeable, premier assets across geographies and asset classes that few managers are able to do. We create value for BAM shareholders in the following ways: As an asset manager Â- by investing both our own capital and that of our investors Â- this enables us to increase the scale of our operations, and enhances our financial returns through base management fees and performance-based income; as an investor and capital allocator Â- we strive to invest at attractive valuations, particularly in value-oriented situations that create opportunities for superior valuation gains and cash flow returns, or by monetizing assets at appropriate times to realize value; and as an owner-operator Â- we constantly work to increase the value of the assets within our operating businesses and the cash flows they produce through our operating expertise, development capabilities and effective financing.
Brookfield Asset Management logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.7Dividend Strength: 0.8Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.30 out of 5 stars


Industry, Sector and Symbol

Industry Nonresidential building operators
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone416-363-9491
Employees150,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$67.83 billion
Cash Flow$4.97 per share
Book Value$69.31 per share

Profitability

Net Income$2.81 billion

Miscellaneous

Outstanding Shares1,575,004,000
Market Cap$64.92 billion
Next Earnings Date2/11/2021 (Estimated)
OptionableOptionable
$41.22
+0.30 (+0.73 %)
(As of 12/3/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Brookfield Asset Management (NYSE:BAM) Frequently Asked Questions

How has Brookfield Asset Management's stock price been impacted by Coronavirus?

Brookfield Asset Management's stock was trading at $53.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BAM stock has decreased by 23.4% and is now trading at $41.22.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Brookfield Asset Management?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 2 hold ratings, 6 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Brookfield Asset Management
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Brookfield Asset Management?

Wall Street analysts have given Brookfield Asset Management a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Brookfield Asset Management wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Brookfield Asset Management's next earnings date?

Brookfield Asset Management is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Brookfield Asset Management
.

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Inc. (NYSE:BAM) announced its earnings results on Thursday, November, 12th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.31. The financial services provider earned $16.25 billion during the quarter, compared to analysts' expectations of $15.84 billion. Brookfield Asset Management had a net margin of 0.11% and a return on equity of 0.06%. Brookfield Asset Management's quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.80 EPS.
View Brookfield Asset Management's earnings history
.

How often does Brookfield Asset Management pay dividends? What is the dividend yield for Brookfield Asset Management?

Brookfield Asset Management declared a quarterly dividend on Thursday, November 12th. Stockholders of record on Monday, November 30th will be given a dividend of $0.12 per share on Thursday, December 31st. This represents a $0.48 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Friday, November 27th.
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 before market open on Thursday, April 2nd 2020. The 3-2 split was announced on Thursday, February 13th 2020. The newly issued shares were payable to shareholders after the market closes 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.

What price target have analysts set for BAM?

10 Wall Street analysts have issued 1 year price targets for Brookfield Asset Management's stock. Their forecasts range from $31.00 to $57.00. On average, they anticipate Brookfield Asset Management's stock price to reach $43.12 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for Brookfield Asset Management
.

Are investors shorting Brookfield Asset Management?

Brookfield Asset Management saw a decrease in short interest in November. As of November 15th, there was short interest totaling 19,260,000 shares, a decrease of 13.5% from the October 31st total of 22,260,000 shares. Based on an average daily volume of 2,500,000 shares, the days-to-cover ratio is presently 7.7 days. Approximately 1.4% of the company's stock are short sold.
View Brookfield Asset Management's Short Interest
.

Who are some of Brookfield Asset Management's key competitors?

What other stocks do shareholders of Brookfield Asset Management own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Asset Management investors own include AT&T (T), NVIDIA (NVDA), The Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Bank of America (BAC), Verizon Communications (VZ), Walmart (WMT), Intel (INTC) and JPMorgan Chase & Co. (JPM).

Who are Brookfield Asset Management's key executives?

Brookfield Asset Management's management team includes the following people:
  • Mr. James Bruce Flatt, Managing Partner, CEO & Director (Age 55, Pay $803.44k)
  • Mr. Sachin G. Shah CPA, CPA, Managing Partner & Chief Investment Officer (Age 43, Pay $932.8k)
  • Mr. Cyrus Madon, Managing Partner & CEO of Private Equity Group (Age 54, Pay $931.18k)
  • Mr. Samuel J.B. Pollock, Managing Partner & CEO of Infrastructure (Age 54, Pay $933.4k)
  • Mr. Brian William Kingston, Managing Partner & CEO of Real Estate (Age 46, Pay $1.5M)
  • Mr. Mark J. Carney MPC, FPC, PRC, Vice Chair and Head of ESG & Impact Investing (Age 55)
  • Mr. James Reid, Managing Partner & Chief Investment Officer of Private Equity and Energy (Age 54)
  • Mr. David James Nowak, Managing Partner of Private Equity (Age 50)
  • Mr. Pierre McNeil, Managing Director of Private Equity (Age 57)
  • Mr. Nicholas Goodman, Managing Partner & CFO

What is Brookfield Asset Management's stock symbol?

Brookfield Asset Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAM."

Who are Brookfield Asset Management's major shareholders?

Brookfield Asset Management's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (2.77%), TD Asset Management Inc. (1.83%), Jarislowsky Fraser Ltd (1.66%), The Manufacturers Life Insurance Company (1.65%), CIBC Asset Management Inc (1.40%) and Great West Life Assurance Co. Can (0.74%). Company insiders that own Brookfield Asset Management stock include Ati Investment Parent, Llc, Brookfield Asset Management In and Ocm Growth Holdings Llc.
View institutional ownership trends for Brookfield Asset Management
.

Which major investors are selling Brookfield Asset Management stock?

BAM stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, TD Asset Management Inc., Connor Clark & Lunn Investment Management Ltd., Cidel Asset Management Inc., Locust Wood Capital Advisers LLC, Cannell Peter B & Co. Inc., Guardian Capital LP, and Great West Life Assurance Co. Can.
View insider buying and selling activity for Brookfield Asset Management
.

Which major investors are buying Brookfield Asset Management stock?

BAM stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Alps Advisors Inc., CIBC Asset Management Inc, CIBC Private Wealth Group LLC, The Manufacturers Life Insurance Company, Lincluden Management Ltd., Timucuan Asset Management Inc. FL, and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.
View insider buying and selling activity for Brookfield Asset Management
.

How do I buy shares of 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.

What is Brookfield Asset Management's stock price today?

One share of BAM stock can currently be purchased for approximately $41.22.

How big of a company is Brookfield Asset Management?

Brookfield Asset Management has a market capitalization of $64.92 billion and generates $67.83 billion in revenue each year. The financial services provider earns $2.81 billion in net income (profit) each year or $1.73 on an earnings per share basis. Brookfield Asset Management employs 150,000 workers across the globe.

What is Brookfield Asset Management's official website?

The official website for Brookfield Asset Management is www.brookfield.com.

How can I contact Brookfield Asset Management?

Brookfield Asset Management's mailing address is Suite 300 Brookfield Place 181 Bay Street P.O. Box 762, Toronto A6, M5J2T3. The financial services provider can be reached via phone at 416-363-9491 or via email at [email protected]

This page was last updated on 12/4/2020 by MarketBeat.com Staff

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