Should I buy or sell Brookfield Asset Management stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BAM shares. View BAM analyst ratings or view top-rated stocks .

What is Brookfield Asset Management's stock price target for 2024?

1 analysts have issued 12 month target prices for Brookfield Asset Management's stock. Their BAM share price targets range from C$47.00 to C$47.00. On average, they expect the company's share price to reach C$47.00 in the next year. This suggests that the stock has a possible downside of 3.1%. View analysts price targets for BAM or view top-rated stocks among Wall Street analysts .

How have BAM shares performed in 2023?

Brookfield Asset Management's stock was trading at C$38.77 at the start of the year. Since then, BAM shares have increased by 25.1% and is now trading at C$48.52. View the best growth stocks for 2023 here .

When is Brookfield Asset Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our BAM earnings forecast .

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Ltd. (TSE:BAM) announced its earnings results on Monday, November, 6th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. The firm had revenue of $1.20 billion for the quarter. Brookfield Asset Management had a trailing twelve-month return on equity of 19.05% and a net margin of 48.63%.

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 Monday, November 6th. Shareholders of record on Thursday, November 30th will be paid a dividend of 0.444 per share on Friday, December 29th. This represents a $1.78 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Wednesday, November 29th. This is a positive change from the stock's previous quarterly dividend of C$0.42. Read our dividend analysis for BAM .

Is Brookfield Asset Management a good dividend stock?

Brookfield Asset Management (TSE:BAM) pays an annual dividend of C$1.75 per share and currently has a dividend yield of 3.79%. The dividend payout ratio is 2,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for BAM .

How do I buy shares of Brookfield Asset Management?

Shares of BAM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Brookfield Asset Management Stock Price, News & Analysis (TSE:BAM)

C$48.52

+1.96 (+4.21%)

(As of 11/29/2023 ET)

Compare

Today's Range: C$46.11
▼
C$48.68
50-Day Range: C$39.75
▼
C$48.52
52-Week Range: C$36.65
▼
C$48.93

Volume: 1.98 million shs
Average Volume: 883,855 shs
Market Capitalization: C$18.92 billion

P/E Ratio: 693.14
Dividend Yield: 3.61%
Price Target: C$47.00

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Brookfield Asset Management MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 3.1% Downside
C$47.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.90
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.

1.70 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Brookfield Asset Management has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$47.00, Brookfield Asset Management has a forecasted downside of 3.1% from its current price of C$48.52.
Amount of Analyst Coverage
Brookfield Asset Management has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for BAM.

1.7

Dividend Strength

Dividend Leadership
Brookfield Asset Management is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Brookfield Asset Management does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Brookfield Asset Management is 2,500.00%. 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 BAM.

3.3

News and Social Media Coverage

News Sentiment
Brookfield Asset Management has a news sentiment score of 0.90. 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 0.78 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Brookfield Asset Management this week, compared to 1 article on an average week.
Search Interest
15 people have searched for BAM on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Brookfield Asset Management to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Brookfield Asset Management insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.65% of the stock of Brookfield Asset Management is held by insiders.
Percentage Held by Institutions
73.11% of the stock of Brookfield Asset Management 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 Asset Management is 693.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 122.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of Brookfield Asset Management is 693.14, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 343.04.
Price to Earnings Growth Ratio
Brookfield Asset Management has a PEG Ratio of 0.43. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Brookfield Asset Management has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Brookfield Asset Management Stock (TSE:BAM)

Brookfield Asset Management Ltd. provides alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company's infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors. In addition, its private equity business offers industrial, infrastructure, and business services sectors; and real estate business, which includes housing, logistics, hospitality, science and innovation, office, and retail sectors. Further, it provides credit business; and insurance solution in the reinsurance, annuities, operating platform, and investment solutions sectors. Brookfield Asset Management Ltd. was incorporated in 2022 and is headquartered in Toronto, Canada.

BAM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BAM Stock News Headlines

November 29, 2023 | finance.yahoo.com

Origin Rejects Brookfield’s Revised $12 Billion Takeover Plan

November 23, 2023 | americanbankingnews.com

Brookfield Asset Management (TSE:BAM) Stock Passes Above 200-Day Moving Average of $44.07

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 22, 2023 | finance.yahoo.com

Origin Delays Vote as Brookfield Revises $12.5 Billion Bid

November 22, 2023 | finance.yahoo.com

Origin Vote on $12.5 Billion Brookfield Bid May Be Delayed, AFR Reports

November 22, 2023 | finance.yahoo.com

These 3 No-Brainer Buy and Hold Forever Stocks Are Bargains Today

November 17, 2023 | finance.yahoo.com

Partners Value Investments Inc. Announces Q3 2023 Interim Results

November 17, 2023 | finance.yahoo.com

Partners Value Investments L.P. Announces Q3 2023 Interim Results

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 16, 2023 | finance.yahoo.com

Troubled SBB Offers to Buy Back Bonds At Big Discounts

November 7, 2023 | finance.yahoo.com

Proxy Firm ISS Backs Brookfield’s Origin Energy Takeover Offer

November 6, 2023 | finance.yahoo.com

Brookfield Asset Management Announces Strong Third Quarter Results

November 6, 2023 | theglobeandmail.com

Brookfield Asset Management adds US$26-billion in new capital in third quarter despite fraught markets

November 6, 2023 | markets.businessinsider.com

Brookfield Asset Management Q3 Net Profit Rises, Pre-tax Profit Down

November 2, 2023 | msn.com

Brookfield’s (NYSE:BAM) “Best Offer” Gets Slammed by Origin’s Top Shareholder

November 2, 2023 | finance.yahoo.com

Brookfield fires real estate brokerage Cushman from handling its US listings

October 30, 2023 | finance.yahoo.com

Brookfield's $12 Billion Origin Deal Opposed by Top Shareholder

October 26, 2023 | finance.yahoo.com

Duke Energy closes $2.8B sale of utility-scale commercial renewables business, with 500 employees to shift

October 23, 2023 | marketwatch.com

Brookfield Asset Management Taps Ron Kalifa as Vice Chair, Head of Financial Infrastructure Investments

October 22, 2023 | msn.com

3 Incredible Cheap Stocks to Buy for Fantastic Dividends

September 28, 2023 | theglobeandmail.com

Brookfield Asset Management enters second renewable energy joint venture with Axis Energy

September 14, 2023 | finance.yahoo.com

Banks Rush to Gain Foothold in $1.5 Trillion Private Credit Market

September 8, 2023 | msn.com

Brookfield Asset Management Has Good Growth Ahead

August 28, 2023 | msn.com

Should You Buy Brookfield Asset Management for its 4% Dividend Yield?

August 12, 2023 | markets.businessinsider.com

RBC Capital Believes Brookfield Asset Management Ltd. Class A (BAM) Won’t Stop Here

August 11, 2023 | finance.yahoo.com

Oaktree Targets Record Private Debt Fund of Over $18 Billion

August 10, 2023 | finance.yahoo.com

Brookfield Corp: A Strong Contender in the Asset Management Industry with Good Outperformance ...

See More Headlines

Receive BAM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Brookfield Asset Management and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 9/29 Dividend: 8/30/2023
Dividend Payable: 9/29/2023
Last Earnings: 11/06/2023
Ex-Dividend for 12/29 Dividend: 11/29/2023
Today: 11/30/2023
Dividend Payable: 12/29/2023
Next Earnings (Estimated): 2/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Asset Management
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: TSE:BAM
CUSIP: N/A
CIK: N/A
Web: www.brookfield.com
Phone: +1-416-3639491
Fax: N/A
Employees: 2,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$47.00
High Stock Price Target: C$47.00
Low Stock Price Target: C$47.00
Potential Upside/Downside: -3.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.07
Trailing P/E Ratio: 693.14
Forward P/E Ratio: 9.68
P/E Growth: 0.43
Net Income: C$1.97 billion
Net Margins: 48.63%
Pretax Margin: N/A
Return on Equity: 19.05%
Return on Assets: 8.31%

Debt

Debt-to-Equity Ratio: 1.70
Current Ratio: 3.14
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: C$4.05 billion
Price / Sales: 4.67
Cash Flow: C$5.90 per share
Price / Cash Flow: 8.23
Book Value: C$23.62 per share
Price / Book: 2.05

Miscellaneous

Outstanding Shares: 390,040,000
Free Float: N/A
Market Cap: C$18.92 billion
Optionable: Not Optionable
Beta: N/A

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

Mr. Mark Joseph Carney FPC (Age 58)
MPC, PRC, Chair of Board & Head of Transition Investing
Mr. James Bruce Flatt (Age 58)
CEO & Director
Comp: $1.02M
Mr. Connor David Teskey (Age 35)
President and CEO Renewable Power & Transition
Comp: $2.28M
Mr. Bahir Manios (Age 44)
Managing Partner & CFO
Comp: $1.36M
Ms. Lori Anne Pearson F.C.A. (Age 61)
FCPA, Managing Partner & COO
Mr. Justin B. Beber (Age 53)
Managing Partner, Chief Administrative Officer & General Counsel
Mr. Brian William Kingston (Age 49)
Managing Partner, CEO of Real Estate & Director
Comp: $2.06M
Mr. Cyrus Madon (Age 57)
Managing Partner, CEO of Private Equity & Director
Comp: $778.95k
Mr. Samuel J. B. Pollock (Age 57)
Managing Partner, CEO of Infrastructure & Director
Comp: $778.95k
Mr. Dominic Dodds
Managing Director of Technology

Key Competitors

View All Competitors

Insiders

Brian William Kingston
Sold 150,000 shares
Total: C$5.08 M ($33.86/share)

View All Insider Transactions

Should I Buy Brookfield Asset Management Stock? BAM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Brookfield Asset Management was last updated on Tuesday, November 28, 2023 at 10:42 PM.

Pros

Here are some ways that investors could benefit from investing in Brookfield Asset Management Ltd.:

Brookfield Asset Management Ltd. has a strong track record of delivering consistent returns to its investors.
The company has a diversified portfolio across various sectors, which helps mitigate risks and provides opportunities for growth.
Brookfield Asset Management Ltd. has been actively involved in renewable energy projects, which aligns with the growing demand for sustainable investments.
The company has a global presence, allowing investors to access investment opportunities in different markets.
Recent financial reports indicate that Brookfield Asset Management Ltd. has been performing well, with increasing revenues and profits.

Cons

Investors should be bearish about investing in Brookfield Asset Management Ltd. for these reasons:

The stock price of Brookfield Asset Management Ltd. has been volatile in recent periods, which may pose risks to investors.
The company's business operations are subject to various economic and market factors, which could impact its financial performance.
Investing in Brookfield Asset Management Ltd. requires a long-term perspective, as the company's investment strategies may take time to generate significant returns.
There may be regulatory and legal risks associated with the company's operations, especially in different jurisdictions where it operates.
Investors should carefully consider their risk tolerance and investment objectives before investing in Brookfield Asset Management Ltd.

BAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield Asset Management stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BAM shares.
View BAM analyst ratings or view top-rated stocks.
What is Brookfield Asset Management's stock price target for 2024?: 1 analysts have issued 12 month target prices for Brookfield Asset Management's stock. Their BAM share price targets range from C$47.00 to C$47.00. On average, they expect the company's share price to reach C$47.00 in the next year. This suggests that the stock has a possible downside of 3.1%.
View analysts price targets for BAM or view top-rated stocks among Wall Street analysts.
How have BAM shares performed in 2023?: Brookfield Asset Management's stock was trading at C$38.77 at the start of the year. Since then, BAM shares have increased by 25.1% and is now trading at C$48.52.
View the best growth stocks for 2023 here.
When is Brookfield Asset Management's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our BAM earnings forecast.

How were Brookfield Asset Management's earnings last quarter?: Brookfield Asset Management Ltd. (TSE:BAM) announced its earnings results on Monday, November, 6th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. The firm had revenue of $1.20 billion for the quarter. Brookfield Asset Management had a trailing twelve-month return on equity of 19.05% and a net margin of 48.63%.
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 Monday, November 6th. Shareholders of record on Thursday, November 30th will be paid a dividend of 0.444 per share on Friday, December 29th. This represents a $1.78 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Wednesday, November 29th. This is a positive change from the stock's previous quarterly dividend of C$0.42.
Read our dividend analysis for BAM.
Is Brookfield Asset Management a good dividend stock?: Brookfield Asset Management (TSE:BAM) pays an annual dividend of C$1.75 per share and currently has a dividend yield of 3.79%. The dividend payout ratio is 2,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BAM.
How do I buy shares of Brookfield Asset Management?: Shares of BAM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:BAM) was last updated on 11/30/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Brookfield Asset Management Stock Price, News & Analysis (TSE:BAM)

Brookfield Asset Management MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Brookfield Asset Management Stock (TSE:BAM)

BAM Stock Price History

BAM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy Brookfield Asset Management Stock? BAM Pros and Cons Explained

Pros

Cons

BAM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™