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NYSE:BAM

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

Brookfield Asset Management logo
$54.42 +0.20 (+0.37%)
(As of 12/20/2024 05:31 PM ET)

About Brookfield Asset Management Stock (NYSE:BAM)

Key Stats

Today's Range
$52.74
$54.98
50-Day Range
$48.68
$59.07
52-Week Range
$37.19
$59.58
Volume
1.11 million shs
Average Volume
1.23 million shs
Market Capitalization
$24.11 billion
P/E Ratio
48.16
Dividend Yield
2.79%
Price Target
$54.54
Consensus Rating
Hold

Company Overview

Brookfield Asset Management Ltd. is a real estate investment firm specializing in 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.

Brookfield Asset Management Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
85th Percentile Overall Score

BAM MarketRank™: 

Brookfield Asset Management scored higher than 85% of companies evaluated by MarketBeat, and ranked 212th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Brookfield Asset Management has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 6 buy ratings, 5 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Brookfield Asset Management has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Brookfield Asset Management's stock forecast and price target.
  • Earnings Growth

    Earnings for Brookfield Asset Management are expected to grow by 21.77% in the coming year, from $1.47 to $1.79 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Brookfield Asset Management is 48.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Brookfield Asset Management is 48.16, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 24.73.

  • Price to Earnings Growth Ratio

    Brookfield Asset Management has a PEG Ratio of 2.43. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Brookfield Asset Management has a P/B Ratio of 10.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.92% of the float of Brookfield Asset Management has been sold short.
  • Short Interest Ratio / Days to Cover

    Brookfield Asset Management has a short interest ratio ("days to cover") of 7.6.
  • Change versus previous month

    Short interest in Brookfield Asset Management has recently decreased by 2.16%, indicating that investor sentiment is improving.
  • Dividend Yield

    Brookfield Asset Management pays a meaningful dividend of 2.63%, higher than the bottom 25% of all stocks that pay dividends.

  • 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 134.51%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Brookfield Asset Management will have a dividend payout ratio of 84.92% in the coming year. This indicates that Brookfield Asset Management may not be able to sustain their current dividend.

  • Read more about Brookfield Asset Management's dividend.
  • Percentage of Shares Shorted

    5.92% of the float of Brookfield Asset Management has been sold short.
  • Short Interest Ratio / Days to Cover

    Brookfield Asset Management has a short interest ratio ("days to cover") of 7.6.
  • Change versus previous month

    Short interest in Brookfield Asset Management has recently decreased by 2.16%, indicating that investor sentiment is improving.
  • News Sentiment

    Brookfield Asset Management has a news sentiment score of 1.01. 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 14 news articles for Brookfield Asset Management this week, compared to 7 articles on an average week.
  • Search Interest

    18 people have searched for BAM on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Brookfield Asset Management to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days.
  • 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

    11.00% of the stock of Brookfield Asset Management is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    68.41% 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.

  • Read more about Brookfield Asset Management's insider trading history.
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BAM Stock News Headlines

STUTTGA, GERMANY - Jun 20, 2021: Person holding cellphone with logo of American investment company Apollo Global Management Inc on screen in front of website. Focus on phone display. - Stock Editorial Photography
These 3 Stocks Are Heavy Hitters in Alternative Asset Management (BAM)
These three companies are known for their expertise in alternative and private asset management, an industry with attractive characteristics.
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I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
See More Headlines

BAM Stock Analysis - Frequently Asked Questions

Brookfield Asset Management's stock was trading at $40.17 at the beginning of the year. Since then, BAM shares have increased by 35.5% and is now trading at $54.42.
View the best growth stocks for 2024 here
.

Brookfield Asset Management Ltd. (NYSE:BAM) released its quarterly earnings results on Monday, November, 4th. The financial services provider reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.02. The financial services provider earned $1.12 billion during the quarter, compared to the consensus estimate of $1.19 billion. Brookfield Asset Management had a net margin of 49.69% and a trailing twelve-month return on equity of 85.03%.

Brookfield Asset Management shares split on Thursday, April 2nd 2020. The 3-2 split was announced on Thursday, February 13th 2020. The newly minted shares were distributed to shareholders after the market closes on Wednesday, April 1st 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

The following companies are subsidiaries of Brookfield Asset Management: Watermark Lodging Trust, Hibernia REIT, La Trobe Financial Services, Magnati, AusNet Services, Cupa Group, JCPenney, and more.

Top institutional shareholders of Brookfield Asset Management include FMR LLC (4.33%), Bank of Montreal Can (2.09%), Principal Financial Group Inc. (2.11%) and Massachusetts Financial Services Co. MA (1.33%). Insiders that own company stock include Multi-Strategy Mast Brookfield, Brookfield Asset Management In, Oaktree Capital Management Lp, Opps Tpic Holdings, Llc and Oaktree Capital Management Gp,.
View institutional ownership trends
.

Shares of BAM 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Brookfield Asset Management investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR) and Voyager Therapeutics (VYGR).

Company Calendar

Ex-Dividend for 9/27 Dividend
8/30/2024
Dividend Payable
9/27/2024
Last Earnings
11/04/2024
Ex-Dividend for 12/31 Dividend
11/29/2024
Today
12/22/2024
Dividend Payable
12/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Trading
Employees
2,400
Year Founded
1899

Price Target and Rating

Average Stock Price Target
$54.54
High Stock Price Target
$68.00
Low Stock Price Target
$41.00
Potential Upside/Downside
+0.2%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
13 Analysts

Profitability

Net Income
$451 million
Pretax Margin
11.12%

Debt

Sales & Book Value

Annual Sales
$522 million
Cash Flow
$5.30 per share
Book Value
$5.35 per share

Miscellaneous

Free Float
373,487,000
Market Cap
$24.11 billion
Optionable
Optionable
Beta
1.41

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This page (NYSE:BAM) was last updated on 12/22/2024 by MarketBeat.com Staff
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