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Brookfield (BN) Stock Price, News & Analysis

$40.97
-0.04 (-0.10%)
(As of 06/14/2024 ET)
Today's Range
$39.98
$40.97
50-Day Range
$38.57
$44.85
52-Week Range
$28.84
$45.11
Volume
5.96 million shs
Average Volume
2.81 million shs
Market Capitalization
$67.28 billion
P/E Ratio
67.17
Dividend Yield
0.78%
Price Target
$48.10

Brookfield MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
17.4% Upside
$48.10 Price Target
Short Interest
Healthy
0.85% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.04mentions of Brookfield in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$16.25 M Sold Last Quarter
Proj. Earnings Growth
38.81%
From $3.35 to $4.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.88 out of 5 stars

Finance Sector

351st out of 868 stocks

Nonresidential Building Operators Industry

1st out of 2 stocks

BN stock logo

About Brookfield Stock (NYSE:BN)

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 Stock Price History

BN Stock News Headlines

Brookfield Co. (NYSE:BN) to Issue Quarterly Dividend of $0.08
Brookfield Corporation Deploys Capital Shrewdly
Brookfield Corporation (BN) Gets a Buy from Scotiabank
Buy Brookfield Corporation Before Earnings
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/12/2024
Dividend Payable
3/28/2024
Last Earnings
5/09/2024
Ex-Dividend for 6/28 Dividend
6/13/2024
Today
6/14/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nonresidential building operators
Sub-Industry
N/A
Employees
240,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$48.10
High Stock Price Target
$62.00
Low Stock Price Target
$41.00
Potential Upside/Downside
+19.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$1.13 billion
Pretax Margin
6.51%

Debt

Sales & Book Value

Annual Sales
$95.92 billion
Cash Flow
$8.25 per share
Book Value
$100.10 per share

Miscellaneous

Outstanding Shares
1,642,230,000
Free Float
1,461,582,000
Market Cap
$66.23 billion
Optionable
Not Optionable
Beta
1.51
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Key Executives

  • Mr. James Bruce Flatt (Age 59)
    Managing Partner, CEO & Director
    Comp: $375k
  • Mr. Nicholas Howard Goodman C.A.
    President & CFO
  • Mr. Cyrus Madon (Age 58)
    MP & Executive Chair of Private Equity
    Comp: $567.5k
  • Mr. David James Nowak (Age 54)
    Managing Partner of Private Equity
  • Mr. Pierre McNeil (Age 61)
    Managing Director of Private Equity
  • Ms. Lori Anne Pearson F.C.A. (Age 62)
    FCPA, Managing Partner & COO
  • Mr. Dominic Dodds
    Managing Director of Technology
  • Ms. Linda T. Northwood
    Director of Investor Relations
  • Mr. Ronald Fisher-Dayn
    Managing Partner of Compliance
  • Ms. Suzanne Fleming
    Managing Partner of Corporate Communications & Global Head of Corporate Communications

Should I Buy Brookfield Stock? BN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Brookfield Co.:

  • Brookfield Co. has shown consistent revenue growth over the past year, indicating a strong financial performance.
  • The company has a diversified portfolio across different sectors, reducing risk exposure for investors.
  • Brookfield Co. recently launched a new innovative product line, which is expected to drive future revenue growth.
  • Current stock price of Brookfield Co. is undervalued compared to its intrinsic value, presenting a potential buying opportunity for investors.
  • The company has a history of paying stable dividends, providing a reliable income stream for investors.

Cons

Investors should be bearish about investing in Brookfield Co. for these reasons:

  • Brookfield Co. operates in a highly competitive market, which may impact its market share and profitability.
  • The company's debt levels have been increasing, potentially leading to higher financial risk in the future.
  • Recent regulatory changes in the industry could affect Brookfield Co.'s operations and profitability.
  • Market volatility may impact the stock price of Brookfield Co., leading to potential short-term losses for investors.
  • Brookfield Co. has limited exposure to emerging markets, missing out on potential growth opportunities in those regions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Brookfield pros and cons to contact@marketbeat.com.

BN Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield in the last twelve months. There are currently 2 hold ratings, 7 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 target for 2024?

10 analysts have issued 1 year target prices for Brookfield's shares. Their BN share price targets range from $41.00 to $62.00. On average, they anticipate the company's share price to reach $48.10 in the next twelve months. This suggests a possible upside of 17.4% 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 2024?

Brookfield's stock was trading at $40.12 at the beginning of 2024. Since then, BN stock has increased by 2.1% and is now trading at $40.97.
View the best growth stocks for 2024 here
.

Are investors shorting Brookfield?

Brookfield saw a decrease in short interest in the month of May. As of May 31st, there was short interest totaling 12,070,000 shares, a decrease of 7.9% from the May 15th total of 13,100,000 shares. Based on an average trading volume of 2,860,000 shares, the short-interest ratio is presently 4.2 days. Approximately 0.9% of the company's shares 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, August 8th 2024.
View our BN earnings forecast
.

How were Brookfield's earnings last quarter?

Brookfield Co. (NYSE:BN) posted its earnings results on Thursday, May, 9th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.64 by $0.13. The firm earned $22.91 billion during the quarter. Brookfield had a trailing twelve-month return on equity of 3.15% and a net margin of 1.16%. During the same quarter in the prior year, the company posted $0.72 earnings per share.

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

Brookfield declared a quarterly dividend on Thursday, May 9th. Stockholders of record on Thursday, June 13th will be paid a dividend of $0.08 per share on Friday, June 28th. This represents a $0.32 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, June 13th.
Read our dividend analysis for BN
.

Is Brookfield a good dividend stock?

Brookfield (NYSE:BN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.76%. The dividend payout ratio is 52.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BN will have a dividend payout ratio of 6.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BN.

Who are Brookfield's major shareholders?

Brookfield's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (3.78%), Vanguard Group Inc. (3.50%), Capital World Investors (3.16%), TD Asset Management Inc (1.58%), 1832 Asset Management L.P. (1.38%) and Akre Capital Management LLC (1.09%). Insiders that own company stock include Gp Ltd Bcp, Multi-Strategy Mast Brookfield, Oaktree Capital Group Holdings, Ocm Growth Holdings Llc 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BN) was last updated on 6/14/2024 by MarketBeat.com Staff

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