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

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.

Key Stats

• Today's Range: $52.74 to $54.98
• 50-Day Range: $48.68 to $59.07
• 52-Week Range: $37.19 to $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

Brookfield Asset Management Stock Analysis - MarketRank™

Brookfield Asset Management scored higher than 85% of companies evaluated by MarketBeat, and ranked 214th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

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.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 21.77%

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 113.45.

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 27.95.

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.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

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

• Score: 0.8 / 5
• Dividend Strength: Weak

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.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -1.63

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 and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.04

News Sentiment

Brookfield Asset Management has a news sentiment score of 1.04. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 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 100% 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.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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.

BAM Stock Analysis - Frequently Asked Questions

How have BAM shares performed this year?

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

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Ltd. (NYSE:BAM) released its earnings results on Monday, November, 4th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.02. The financial services provider had revenue of $1.12 billion for the quarter, compared to analysts' expectations 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%.

When did Brookfield Asset Management's stock split?

Brookfield Asset Management's stock 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 closing bell on Wednesday, April 1st 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Does Brookfield Asset Management have any subsidiaries?

Brookfield Asset Management subsidiaries include these companies: Watermark Lodging Trust, Hibernia REIT, La Trobe Financial Services, Magnati, AusNet Services, Cupa Group, JCPenney, and others.

Who are Brookfield Asset Management's major shareholders?

Brookfield Asset Management's top institutional shareholders 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.

How do I buy shares of Brookfield Asset Management?

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.

What other stocks do shareholders of Brookfield Asset Management own?

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: 12/21/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NYSE:BAM
• CUSIP: N/A
• CIK: 1001085
• Web: www.brookfield.com
• Phone: 416-363-9491
• Fax: 416-365-9642
• 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

• EPS (Most Recent Fiscal Year): $1.13
• Trailing P/E Ratio: 48.16
• Forward P/E Ratio: 37.02
• P/E Growth: 2.43
• Net Income: $451 million
• Net Margins: 49.69%
• Pretax Margin: 11.12%
• Return on Equity: 85.03%
• Return on Assets: 61.67%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.94
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $522 million
• Price / Sales: 46.19
• Cash Flow: $5.30 per share
• Price / Cash Flow: 10.27
• Book Value: $5.35 per share
• Price / Book: 10.17

Miscellaneous

• Outstanding Shares: 443,049,000
• Free Float: 373,487,000
• Market Cap: $24.11 billion
• Optionable: Optionable
• Beta: 1.41