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NYSE:BN

Brookfield (BN) Stock Price, News & Analysis

Brookfield logo
$57.64 +1.25 (+2.22%)
(As of 11/21/2024 ET)

About Brookfield Stock (NYSE:BN)

Key Stats

Today's Range
$56.10
$57.78
50-Day Range
$49.37
$58.78
52-Week Range
$33.70
$60.20
Volume
1.30 million shs
Average Volume
2.77 million shs
Market Capitalization
$94.91 billion
P/E Ratio
122.63
Dividend Yield
0.56%
Price Target
$55.31
Consensus Rating
Moderate Buy

Company Overview

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.

Brookfield Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
69th Percentile Overall Score

BN MarketRank™: 

Brookfield scored higher than 69% of companies evaluated by MarketBeat, and ranked 419th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Brookfield has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Brookfield has only been the subject of 2 research reports in the past 90 days.

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

    Earnings for Brookfield are expected to grow by 12.60% in the coming year, from $3.81 to $4.29 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Brookfield is 122.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Brookfield is 122.63, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 46.79.

  • Price to Book Value per Share Ratio

    Brookfield has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.84% of the float of Brookfield has been sold short.
  • Short Interest Ratio / Days to Cover

    Brookfield has a short interest ratio ("days to cover") of 5.6.
  • Change versus previous month

    Short interest in Brookfield has recently decreased by 10.20%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Brookfield has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Brookfield does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Brookfield is 68.09%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Brookfield will have a dividend payout ratio of 7.46% next year. This indicates that Brookfield will be able to sustain or increase its dividend.

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

    0.84% of the float of Brookfield has been sold short.
  • Short Interest Ratio / Days to Cover

    Brookfield has a short interest ratio ("days to cover") of 5.6.
  • Change versus previous month

    Short interest in Brookfield has recently decreased by 10.20%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Brookfield has a news sentiment score of 0.99. 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 Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for Brookfield this week, compared to 7 articles on an average week.
  • Search Interest

    19 people have searched for BN on MarketBeat in the last 30 days. This is an increase of 58% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Brookfield to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Brookfield insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

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

  • Percentage Held by Institutions

    61.60% of the stock of Brookfield is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Brookfield's insider trading history.
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BN Stock News Headlines

Brookfield Corporation Restructures for Strategic Growth
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J.P. Morgan Reaffirms Their Buy Rating on Brookfield Corporation (BN)
Scotiabank Issues Positive Forecast for Brookfield (NYSE:BN) Stock Price
See More Headlines

BN Stock Analysis - Frequently Asked Questions

Brookfield's stock was trading at $40.12 at the beginning of the year. Since then, BN stock has increased by 43.7% and is now trading at $57.6350.
View the best growth stocks for 2024 here
.

Brookfield Co. (NYSE:BN) announced its quarterly earnings data on Thursday, August, 8th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.57. Brookfield's revenue was down 2.6% compared to the same quarter last year.

Brookfield's top institutional investors include Principal Financial Group Inc. (3.59%), Brookfield Corp ON (2.00%), CIBC Asset Management Inc (0.81%) and The Manufacturers Life Insurance Company (0.71%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Brookfield investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), CrowdStrike (CRWD), Meta Platforms (META), Adobe (ADBE) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
8/08/2024
Ex-Dividend for 9/27 Dividend
9/12/2024
Dividend Payable
9/27/2024
Today
11/21/2024
Ex-Dividend for 12/31 Dividend
12/16/2024
Dividend Payable
12/31/2024
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
$55.31
High Stock Price Target
$69.00
Low Stock Price Target
$42.50
Potential Upside/Downside
-4.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$1.13 billion
Pretax Margin
6.25%

Debt

Sales & Book Value

Annual Sales
$95.92 billion
Cash Flow
$8.69 per share
Book Value
$100.68 per share

Miscellaneous

Outstanding Shares
1,646,700,000
Free Float
1,465,559,000
Market Cap
$94.91 billion
Optionable
Not Optionable
Beta
1.53
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This page (NYSE:BN) was last updated on 11/21/2024 by MarketBeat.com Staff
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