NYSE:BN

Brookfield (BN) Stock Forecast, Price & News

$33.04

-1.88 (-5.38%)

(As of 09/21/2023 ET)

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Today's Range: $32.98
▼
$34.79
50-Day Range: $32.08
▼
$36.10
52-Week Range: $28.25
▼
$47.53

Volume: 4.15 million shs
Average Volume: 2.39 million shs
Market Capitalization: $54.12 billion

P/E Ratio: 367.15
Dividend Yield: 0.85%
Price Target: $47.60

Brookfield MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 44.1% Upside
$47.60 Price Target
Short Interest: Bearish
1.34% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.88
Based on 9 Articles This Week
Insider Trading: Selling Shares
$219.33 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Finance Sector

383rd out of 839 stocks

Nonresidential Building Operators Industry

2nd out of 4 stocks

4.4

Analyst's Opinion

Consensus Rating
Brookfield has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $47.60, Brookfield has a forecasted upside of 44.1% from its current price of $33.04.
Amount of Analyst Coverage
Brookfield has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
1.34% of the float of Brookfield has been sold short.
Short Interest Ratio / Days to Cover
Brookfield has a short interest ratio ("days to cover") of 9.2.
Change versus previous month
Short interest in Brookfield has recently increased by 11.72%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Brookfield has a dividend yield of 0.82%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Brookfield does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Brookfield is 311.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BN.

3.8

News and Social Media Coverage

News Sentiment
Brookfield has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Brookfield this week, compared to 4 articles on an average week.
Search Interest
17 people have searched for BN on MarketBeat in the last 30 days. This is an increase of 113% compared to the previous 30 days.
MarketBeat Follows
12 people have added Brookfield to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Brookfield insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $219,330,538.00 in company stock.
Percentage Held by Insiders
11.00% of the stock of Brookfield is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
58.22% of the stock of Brookfield is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Brookfield is 367.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Brookfield is 367.15, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 91.09.
Price to Book Value per Share Ratio
Brookfield has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Brookfield (NYSE:BN) Stock

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisition, early ventures, control buyouts and financially distressed, buyouts and corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. It invests in both public debt and equity markets. It invests in private equity sectors with focus on Business Services include infrastructure, healthcare, road fuel distribution and marketing, construction and real estate; Industrials include manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management and development; and Residential/ infrastructure services. It targets companies which likely possess underlying real assets, primarily in sectors such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing and forest product sectors. It invests globally with focus on North America including Brazil, the United States, Canada; Europe; and Australia; and Asia-Pacific. The firm considers equity investments in the range of $2 million to $500 million. It has a four-year investment period and a 10-year term with two one-year extensions. The firm prefers to take minority stake and majority stake. Brookfield Corporation was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.

BN Price History

30 days | 90 days | 365 days | Advanced Chart

BN Stock News Headlines

September 20, 2023 | americanbankingnews.com

Brookfield Co. (NYSE:BN) Short Interest Up 11.7% in August

September 20, 2023 | americanbankingnews.com

Brookfield Co. (NYSE:BN) Short Interest Update

September 22, 2023 | Behind the Markets (Ad)

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September 19, 2023 | msn.com

Is Now Actually the Right Time to Buy Brookfield Stock?

September 19, 2023 | seekingalpha.com

Brookfield: Complex But Worth It

September 18, 2023 | americanbankingnews.com

Royal Bank of Canada Lowers Brookfield (NYSE:BN) Price Target to $48.00

September 14, 2023 | msn.com

RBC Capital Maintains Brookfield Corporation - (BN) Outperform Recommendation

September 14, 2023 | benzinga.com

Here's How Much $100 Invested In Brookfield 20 Years Ago Would Be Worth Today

September 22, 2023 | Behind the Markets (Ad)

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September 14, 2023 | americanbankingnews.com

Brookfield Co. (NYSE:BN) Given Consensus Recommendation of "Moderate Buy" by Analysts

September 11, 2023 | msn.com

Societe Generale and Brookfield team up to create €10bn fund as private debt boom continues

September 11, 2023 | msn.com

SocGen and Brookfield to launch private debt fund

September 8, 2023 | investing.com

Brookfield Asset Cl A 32 Cum Prf (BN_pfa)

September 1, 2023 | finance.yahoo.com

Brookfield Announces Reset Dividend Rate on its Series 32 Preference Shares

August 28, 2023 | markets.businessinsider.com

Partners Value Split Corp. Announces 2023 Semi-Annual Results

August 24, 2023 | msn.com

Trisura: My Most Successful Insurance Investment

August 18, 2023 | finance.yahoo.com

Brookfield Corporation Announces Renewal of Normal Course Issuer Bid for Preferred Shares

August 17, 2023 | msn.com

Partners Value Investments: Illiquid Mini-Brookfield With Buyback Accretion, Leverage, Tax Efficiency

August 15, 2023 | seekingalpha.com

Brookfield Delivers Impressive Quarter, Shares Remain Deeply Undervalued

August 12, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These NA Companies: Wayfair (W) and Brookfield Corporation (BN)

August 12, 2023 | msn.com

Emeth Value Capital - Brookfield Corp: Invested Capital Growth Supercharged By Profits

August 12, 2023 | seekingalpha.com

Brookfield Non-GAAP EPS of $0.75 beats by $0.14, revenue of $23.67B beats by $860M

August 11, 2023 | msn.com

Forget SPY Stock: This Canadian Dividend Stock Might Be a Better Bet

August 10, 2023 | washingtonpost.com

Brookfield Corp.: Q2 Earnings Snapshot

August 10, 2023 | finance.yahoo.com

Brookfield Corporation Reports 21% Increase in Distributable Earnings to $4.3 billion

July 31, 2023 | benzinga.com

A Look Into Brookfield Inc's Price Over Earnings

July 28, 2023 | benzinga.com

UNITE HERE Alerts American National Insurance Agents to Dramatic Shift in Company's Investment Strategy Since Acquisition by Brookfield Reinsurance

See More Headlines

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BN Company Calendar

Ex-Dividend for 6/30 Dividend: 5/30/2023
Dividend Payable: 6/30/2023
Last Earnings: 8/10/2023
Ex-Dividend for 9/29 Dividend: 8/30/2023
Today: 9/21/2023
Dividend Payable: 9/29/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Nonresidential building operators
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BN
CUSIP: N/A
CIK: 1001085
Web: www.brookfield.com
Phone: (416) 363-9491
Fax: 416-365-9642
Employees: 200,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $47.60
High Stock Price Forecast: $61.00
Low Stock Price Forecast: $41.00
Forecasted Upside/Downside: +44.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.09
Trailing P/E Ratio: 367.15
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.06 billion
Net Margins: 0.33%
Pretax Margin: 4.23%
Return on Equity: 1.80%
Return on Assets: 0.57%

Debt

Debt-to-Equity Ratio: 1.36
Current Ratio: 1.19
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $94.60 billion
Price / Sales: 0.57
Cash Flow: $5.67 per share
Price / Cash Flow: 5.83
Book Value: $85.32 per share
Price / Book: 0.39

Miscellaneous

Outstanding Shares: 1,638,141,000
Free Float: 1,457,945,000
Market Cap: $54.12 billion
Optionable: Not Optionable
Beta: 1.43

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Key Executives

Mr. James Bruce Flatt (Age 58)
Managing Partner, CEO & Director
Comp: $742.64k

Mr. Nicholas H. Goodman C.A.
Pres & CFO

Mr. Cyrus Madon (Age 57)
Chief Exec. Officer of Private Equity Group
Comp: $567.5k

Mr. Sachin G. Shah CPA (Age 46)
CPA, Chief Exec. Officer of Insurance Solutions
Comp: $1.11M

Mr. Samuel J. B. Pollock (Age 57)
Chief Exec. Officer of Infrastructure
Comp: $567.5k

Mr. Brian William Kingston (Age 49)
Chief Exec. Officer of Real Estate
Comp: $1.5M

Mr. David James Nowak (Age 53)
Managing Partner of Private Equity

Mr. Pierre McNeil (Age 60)
Managing Director of Private Equity

Ms. Lori Anne Pearson F.C.A. (Age 61)
FCPA, Managing Partner & COO

Mr. Dominic Dodds
Managing Director of Technology

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BN Stock - Frequently Asked Questions

Should I buy or sell Brookfield stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield in the last year. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BN shares.
View BN analyst ratings or view top-rated stocks.
What is Brookfield's stock price forecast for 2023?: 7 Wall Street analysts have issued 12 month price targets for Brookfield's stock. Their BN share price forecasts range from $41.00 to $61.00. On average, they predict the company's stock price to reach $47.60 in the next year. This suggests a possible upside of 44.1% from the stock's current price.
View analysts price targets for BN or view top-rated stocks among Wall Street analysts.
How have BN shares performed in 2023?: Brookfield's stock was trading at $31.46 on January 1st, 2023. Since then, BN stock has increased by 5.0% and is now trading at $33.04.
View the best growth stocks for 2023 here.
Are investors shorting Brookfield?: Brookfield saw a increase in short interest in August. As of August 31st, there was short interest totaling 19,820,000 shares, an increase of 11.7% from the August 15th total of 17,740,000 shares. Based on an average daily volume of 2,150,000 shares, the days-to-cover ratio is currently 9.2 days. Currently, 1.3% of the shares of the stock are sold short.
View Brookfield's Short Interest.
When is Brookfield's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our BN earnings forecast.
How were Brookfield's earnings last quarter?: Brookfield Co. (NYSE:BN) posted its quarterly earnings data on Thursday, August, 10th. The company reported $0.75 earnings per share for the quarter. The firm earned $23.67 billion during the quarter, compared to the consensus estimate of $1.10 billion. Brookfield had a net margin of 0.33% and a trailing twelve-month return on equity of 1.80%.
How often does Brookfield pay dividends? What is the dividend yield for Brookfield?: Brookfield declared a quarterly dividend on Thursday, August 10th. Investors of record on Thursday, August 31st will be paid a dividend of $0.07 per share on Friday, September 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Wednesday, August 30th.
Read our dividend analysis for BN.
What ETFs hold Brookfield's stock?: ETFs with the largest weight of Brookfield (NYSE:BN) stock in their portfolio include AXS Brendan Wood TopGun Index ETF (TGN), Fidelity Disruptive Finance ETF (FDFF), Motley Fool Global Opportunities ETF (TMFG), Vanguard International Dividend Appreciation ETF (VIGI), Fount Subscription Economy ETF (SUBS) and Invesco International Dividend Achievers ETF (PID).iShares International Dividend Growth ETF (IGRO) and

Is Brookfield a good dividend stock?: Brookfield (NYSE:BN) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.82%. The dividend payout ratio is 311.11%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BN.
What is Brookfield's stock symbol?: Brookfield trades on the New York Stock Exchange (NYSE) under the ticker symbol "BN."
Who are Brookfield's major shareholders?: Brookfield's stock is owned by a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (3.57%), Bank of Montreal Can (3.35%), Capital World Investors (1.46%), TD Asset Management Inc (1.44%), Jarislowsky Fraser Ltd (1.42%) and 1832 Asset Management L.P. (1.41%). Insiders that own company stock include Multi-Strategy Mast Brookfield and Opps Eb Holdings Ltd Ocm.
View institutional ownership trends.
How do I buy shares of Brookfield?: Shares of BN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Brookfield's stock price today?: One share of BN stock can currently be purchased for approximately $33.04.
How much money does Brookfield make?: Brookfield (NYSE:BN) has a market capitalization of $54.12 billion and generates $94.60 billion in revenue each year. The company earns $2.06 billion in net income (profit) each year or $0.09 on an earnings per share basis.
How many employees does Brookfield have?: The company employs 200,000 workers across the globe.
How can I contact Brookfield?: Brookfield's mailing address is Suite 300 Brookfield Place 181 Bay Street P.O. Box 762, Toronto A6, M5J 2T3. The official website for the company is www.brookfield.com. The company can be reached via phone at (416) 363-9491, via email at enquiries@brookfield.com, or via fax at 416-365-9642.

This page (NYSE:BN) was last updated on 9/22/2023 by MarketBeat.com Staff

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