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NYSE:BN

Brookfield (BN) Stock Price, News & Analysis

$46.13
-1.03 (-2.18%)
(As of 09/6/2024 ET)
Today's Range
$45.98
$47.69
50-Day Range
$40.94
$50.28
52-Week Range
$28.84
$50.46
Volume
2.92 million shs
Average Volume
3.10 million shs
Market Capitalization
$75.82 billion
P/E Ratio
75.62
Dividend Yield
0.69%
Price Target
$50.84

Brookfield MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
10.2% Upside
$50.84 Price Target
Short Interest
Healthy
0.77% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.00mentions of Brookfield in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$4.76 M Sold Last Quarter
Proj. Earnings Growth
11.72%
From $3.84 to $4.29 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.

4.57 out of 5 stars

Finance Sector

95th out of 871 stocks

Nonresidential Building Operators Industry

1st out of 3 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

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Short Interest in Brookfield Co. (NYSE:BN) Declines By 6.2%
Brookfield Asset Management Inc Pref Class A (BN_pfj)
1 Stock to Buy Right Now With $2,000
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Brookfield (NYSE:BN) Sets New 52-Week High at $49.78
Partners Value Split Corp. Announces 2024 Semi-Annual Results
KBW Keeps Their Hold Rating on Brookfield Corporation (BN)
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
6/13/2024
Dividend Payable
6/28/2024
Last Earnings
8/08/2024
Today
9/07/2024
Ex-Dividend for 9/27 Dividend
9/12/2024
Dividend Payable
9/27/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$50.84
High Stock Price Target
$63.00
Low Stock Price Target
$42.50
Potential Upside/Downside
+10.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$1.13 billion
Pretax Margin
4.55%

Debt

Sales & Book Value

Annual Sales
$94.92 billion
Cash Flow
$7.86 per share
Book Value
$99.41 per share

Miscellaneous

Outstanding Shares
1,643,652,000
Free Float
1,462,850,000
Market Cap
$75.82 billion
Optionable
Not Optionable
Beta
1.53
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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. stock price has been steadily increasing, reaching $47.26 on the latest trading day, showing positive momentum.
  • Brookfield Co. reported earnings per share of $0.77 for the last quarter, surpassing the consensus estimate by $0.13, indicating strong financial performance.
  • Brookfield Co. has a diverse portfolio focusing on real estate, renewable power, infrastructure, venture capital, and private equity assets, providing investors with exposure to multiple sectors.
  • Brookfield Co. pays a quarterly dividend, with a recent dividend payout of $0.08 per share, offering investors a source of income.
  • Analysts have given Brookfield Co. an average rating of "Moderate Buy" with a consensus target price of $47.90, suggesting potential for stock price appreciation.

Cons

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

  • Brookfield Co. has a relatively high debt-to-equity ratio of 1.35, which may pose risks in times of economic downturns or rising interest rates.
  • Brookfield Co. has a beta of 1.52, indicating higher volatility compared to the market average, which may lead to fluctuations in the stock price.
  • Brookfield Co.'s net margin is 1.16%, reflecting a narrow profit margin that could impact the company's ability to withstand economic challenges.
  • Brookfield Co.'s return on equity is 3.15%, which is lower than industry averages, suggesting potential inefficiencies in capital utilization.
  • While Brookfield Co. has shown growth, investors should be cautious of market conditions and economic uncertainties that could affect the company's performance.
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 Thursday, August 22, 2024. Please send any questions or comments about these Brookfield pros and cons to contact@marketbeat.com.

BN Stock Analysis - Frequently Asked Questions

How have BN shares performed this year?

Brookfield's stock was trading at $40.12 at the beginning of the year. Since then, BN stock has increased by 15.0% and is now trading at $46.13.
View the best growth stocks for 2024 here
.

How were Brookfield's earnings last quarter?

Brookfield Co. (NYSE:BN) announced its quarterly earnings results on Thursday, August, 8th. The company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.57. The firm's revenue for the quarter was down 2.6% on a year-over-year basis.

When did Brookfield's stock split?

Brookfield's stock reverse split on the morning of Saturday, January 1st 2000. The 65.51-80.5 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 12th 2022. An investor that had 100 shares of stock prior to the reverse split would have 81 shares after the split.

Who are Brookfield's major shareholders?

Brookfield's top institutional shareholders include Principal Financial Group Inc. (3.70%), TD Asset Management Inc (1.51%), 1832 Asset Management L.P. (1.33%) and JARISLOWSKY FRASER Ltd (1.29%). Insiders that own company stock include Gp Ltd Bcp, Multi-Strategy Mast Brookfield, Ocm Growth Holdings Llc, Opps Eb Holdings Ltd Ocm and Oaktree Capital Group Holdings.
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 9/7/2024 by MarketBeat.com Staff

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