How have BNRE shares performed in 2023?

Brookfield Reinsurance's stock was trading at $31.29 at the beginning of the year. Since then, BNRE stock has increased by 13.4% and is now trading at $35.48. View the best growth stocks for 2023 here .

Are investors shorting Brookfield Reinsurance?

Brookfield Reinsurance saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 24,100 shares, a drop of 10.1% from the October 31st total of 26,800 shares. Based on an average trading volume of 8,400 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.3% of the company's shares are short sold. View Brookfield Reinsurance's Short Interest .

When is Brookfield Reinsurance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our BNRE earnings forecast .

How were Brookfield Reinsurance's earnings last quarter?

Brookfield Reinsurance Ltd. (NYSE:BNRE) announced its earnings results on Thursday, November, 9th. The company reported $0.07 earnings per share for the quarter. The firm had revenue of $1.45 billion for the quarter. Brookfield Reinsurance had a net margin of 0.06% and a trailing twelve-month return on equity of 0.17%.

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

Brookfield Reinsurance declared a quarterly dividend on Friday, November 10th. Shareholders of record on Thursday, December 14th will be paid a dividend of $0.07 per share on Friday, December 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Wednesday, December 13th. Read our dividend analysis for BNRE .

Is Brookfield Reinsurance a good dividend stock?

Brookfield Reinsurance (NYSE:BNRE) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.77%. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for BNRE .

Who are Brookfield Reinsurance's major shareholders?

Brookfield Reinsurance's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (2.94%), Royal Bank of Canada (2.86%), Montrusco Bolton Investments Inc. (2.26%), CI Investments Inc. (1.71%), Cowen AND Company LLC (0.37%) and Mackenzie Financial Corp (0.33%).

How do I buy shares of Brookfield Reinsurance?

Shares of BNRE 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 .

Brookfield Reinsurance Stock Price, News & Analysis (NYSE:BNRE)

$35.48

-0.16 (-0.45%)

(As of 12/6/2023 ET)

Compare

Today's Range: $35.48
▼
$36.16
50-Day Range: $29.11
▼
$36.16
52-Week Range: $28.30
▼
$44.12

Volume: 6,184 shs
Average Volume: 11,213 shs
Market Capitalization: $370.80 million

P/E Ratio: 101.37
Dividend Yield: 0.79%
Price Target: N/A

Brookfield Reinsurance MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.34% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
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.

1.48 out of 5 stars

Finance Sector

559th out of 719 stocks

Insurance Carriers, Not Elsewhere Classified Industry

3rd out of 3 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Brookfield Reinsurance.

5.0

Short Interest

Percentage of Shares Shorted
0.34% of the float of Brookfield Reinsurance has been sold short.
Short Interest Ratio / Days to Cover
Brookfield Reinsurance has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Brookfield Reinsurance has recently decreased by 10.07%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Brookfield Reinsurance has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Brookfield Reinsurance does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Brookfield Reinsurance is 80.00%. 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 BNRE.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Brookfield Reinsurance this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Brookfield Reinsurance to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Brookfield Reinsurance insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.98% of the stock of Brookfield Reinsurance is held by insiders.
Percentage Held by Institutions
49.35% of the stock of Brookfield Reinsurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Brookfield Reinsurance is 101.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of Brookfield Reinsurance is 101.37, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 49.85.
Price to Book Value per Share Ratio
Brookfield Reinsurance has a P/B Ratio of 0.23. 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 Reinsurance Stock (NYSE:BNRE)

Brookfield Reinsurance Ltd., through its subsidiaries, provides annuity-based reinsurance products to insurance and reinsurance companies in the United States, Canada, and internationally. The company operates in three segments: Direct Insurance, Reinsurance, and Pension Risk Transfer (PRT). The Direct Insurance segment offers a range of insurance products and services including life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The Reinsurance segment provides reinsurance of annuity-based products, such as fixed annuities, fixed index annuities, and payout annuities. The PRT segment provides transfer by a corporate sponsor of the risks associated with the sponsorship and administration of a pension plan. The company was formerly known as Brookfield Asset Management Reinsurance Partners Ltd. and changed its name to Brookfield Reinsurance Ltd. in December 2022. Brookfield Reinsurance Ltd. was founded in 1905 and is headquartered in Pembroke, Bermuda.

BNRE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BNRE Stock News Headlines

December 4, 2023 | wsj.com

Brookfield Reinsurance Ltd. Cl A1

December 2, 2023 | seekingalpha.com

BNRE.A Brookfield Reinsurance Ltd.

December 6, 2023 | DTI Trader (Ad)

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November 26, 2023 | morningstar.com

Brookfield Reinsurance Ltd Class A

November 14, 2023 | finance.yahoo.com

Brookfield Reinsurance Announces Results of Exchange Offer and Intention to Take Up Brookfield Corporation Class A Shares

November 10, 2023 | msn.com

Argo ticks higher amid NYSE delisting notice for sale to Brookfield Reinsurance

November 9, 2023 | finance.yahoo.com

Brookfield Reinsurance Announces Strong Third Quarter Results and Declares Regular Quarterly Distribution

November 8, 2023 | businesswire.com

American Equity Reports Record Non-GAAP Operating ROE

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

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November 6, 2023 | msn.com

Brookfield Raises $26 Billion on Oaktree, Infra Fund Boost

November 5, 2023 | finance.yahoo.com

Brookfield Reinsurance Ltd.'s (NYSE:BNRE) Stock Is Going Strong: Is the Market Following Fundamentals?

October 20, 2023 | theglobeandmail.com

Brookfield Reinsurance: Top 25 Undervalued Dividend Stocks on TSX (BNRE)

October 17, 2023 | msn.com

Exclusive: Brookfield weighs move into UK pension insurance market -sources

October 17, 2023 | theglobeandmail.com

Brookfield weighing move into Britain’s pension insurance market, sources say

October 17, 2023 | markets.businessinsider.com

Alternative Asset Manager Brookfield's Diversification, Exploring UK Pension Insurance with Possible Acquisitions

September 24, 2023 | chicago.suntimes.com

Brookfield Zoo’s $40 million gift will help zoo build ‘brighter future for wildlife and humanity,’ officials say

September 13, 2023 | finance.yahoo.com

Brookfield Reinsurance Ltd (BNRE): An In-depth Look at Its Dividend Performance and Sustainability

September 8, 2023 | finance.yahoo.com

Read This Before Considering Brookfield Reinsurance Ltd. (NYSE:BNRE) For Its Upcoming US$0.07 Dividend

August 20, 2023 | theglobeandmail.com

Brookfield Reinsurance: Top 25 Undervalued Toronto Stock Exchange Stocks (BNRE)

August 10, 2023 | finanznachrichten.de

Brookfield Reinsurance Ltd.: Brookfield Reinsurance Announces Strong Second Quarter Results and Declares Regular Quarterly Distribution

August 10, 2023 | finance.yahoo.com

Brookfield Reinsurance Announces Strong Second Quarter Results and Declares Regular Quarterly Distribution

August 9, 2023 | finanznachrichten.de

Brookfield Asset Management Ltd: Brookfield Asset Management Announces Strong Second Quarter Results

July 9, 2023 | finance.yahoo.com

Brookfield Reinsurance (NYSE:BNRE shareholders incur further losses as stock declines 3.8% this week, taking one-year losses to 11%

July 7, 2023 | theglobeandmail.com

Brookfield Reinsurance to buy annuities provider American Equity for about US$4.3-billion

July 6, 2023 | markets.businessinsider.com

American Equity Shareholders Gain: Analyst Explores Brookfield Reinsurance Acquisition

July 5, 2023 | msn.com

Brookfield Reinsurance Snaps Up AEL for $4.3 Billion

June 30, 2023 | msn.com

Why American Equity Stock Jumped 29.5% This Week

See More Headlines

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Company Calendar

Ex-Dividend for 9/29 Dividend: 9/13/2023
Dividend Payable: 9/29/2023
Last Earnings: 11/09/2023
Today: 12/06/2023
Ex-Dividend for 12/29 Dividend: 12/13/2023
Dividend Payable: 12/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Insurance carriers, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BNRE
CUSIP: N/A
CIK: 1837429
Web: bamr.brookfield.com
Phone: 441-405-7811
Fax: N/A
Employees: 3,500
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.35
Trailing P/E Ratio: 101.37
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $490 million
Net Margins: 0.06%
Pretax Margin: 8.55%
Return on Equity: 0.17%
Return on Assets: 0.01%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.30
Quick Ratio: 0.30

Sales & Book Value

Annual Sales: $6.94 billion
Price / Sales: 0.05
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $151.85 per share
Price / Book: 0.23

Miscellaneous

Outstanding Shares: 10,451,000
Free Float: 10,349,000
Market Cap: $370.80 million
Optionable: Optionable
Beta: 1.57

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Key Executives

Mr. Sachin G. Shah CPA (Age 46)
CEO, Head of Insurance Solutions Business & Director
Comp: $1.11M
Mr. Thomas Corbett (Age 43)
Chief Financial Officer
Comp: $440.01k
Mr. Paul Forestell (Age 54)
Chief Operating Officer
Comp: $1.2M
Mr. Gregory N. McConnie (Age 51)
Chief Executive Officer of NER SPC & NER Ltd
Comp: $510.57k
Mr. Lorenzo Lorilla (Age 41)
Chief Investment Officer
Mr. Michael T. McRaith
Vice Chair of Insurance Solutions business
Mr. Christopher Donahue (Age 36)
Senior Vice President
Ms. Susan Beth Comparato (Age 54)
Managing Director of Portfolio Management
Anna Knapman-Scott
Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BNRE Stock Analysis - Frequently Asked Questions

How have BNRE shares performed in 2023?: Brookfield Reinsurance's stock was trading at $31.29 at the beginning of the year. Since then, BNRE stock has increased by 13.4% and is now trading at $35.48.
View the best growth stocks for 2023 here.
Are investors shorting Brookfield Reinsurance?: Brookfield Reinsurance saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 24,100 shares, a drop of 10.1% from the October 31st total of 26,800 shares. Based on an average trading volume of 8,400 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.3% of the company's shares are short sold.
View Brookfield Reinsurance's Short Interest.
When is Brookfield Reinsurance's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our BNRE earnings forecast.
How were Brookfield Reinsurance's earnings last quarter?: Brookfield Reinsurance Ltd. (NYSE:BNRE) announced its earnings results on Thursday, November, 9th. The company reported $0.07 earnings per share for the quarter. The firm had revenue of $1.45 billion for the quarter. Brookfield Reinsurance had a net margin of 0.06% and a trailing twelve-month return on equity of 0.17%.

How often does Brookfield Reinsurance pay dividends? What is the dividend yield for Brookfield Reinsurance?: Brookfield Reinsurance declared a quarterly dividend on Friday, November 10th. Shareholders of record on Thursday, December 14th will be paid a dividend of $0.07 per share on Friday, December 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Wednesday, December 13th.
Read our dividend analysis for BNRE.
Is Brookfield Reinsurance a good dividend stock?: Brookfield Reinsurance (NYSE:BNRE) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.77%. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BNRE.
Who are Brookfield Reinsurance's major shareholders?: Brookfield Reinsurance's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (2.94%), Royal Bank of Canada (2.86%), Montrusco Bolton Investments Inc. (2.26%), CI Investments Inc. (1.71%), Cowen AND Company LLC (0.37%) and Mackenzie Financial Corp (0.33%).
How do I buy shares of Brookfield Reinsurance?: Shares of BNRE 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.

This page (NYSE:BNRE) was last updated on 12/6/2023 by MarketBeat.com Staff

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