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: C$74.26 to C$79.65
• 50-Day Range: C$54.58 to C$76.10
• 52-Week Range: C$42.09 to C$79.65
• Volume: 1.35 million shs
• Average Volume: 1.03 million shs
• Market Capitalization: C$31.87 billion
• P/E Ratio: 50.73
• Dividend Yield: 2.69%
• Price Target: N/A
• Consensus Rating: Sell

BAM Stock Analysis - Frequently Asked Questions

How have BAM shares performed this year?

Brookfield Asset Management's stock was trading at C$53.22 at the beginning of the year. Since then, BAM stock has increased by 43.0% and is now trading at C$76.10.
View the best growth stocks for 2024 here.

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Ltd. (TSE:BAM) issued its quarterly earnings results on Wednesday, August, 7th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by $0.01. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.61 billion.

How do I buy shares of Brookfield Asset Management?

Shares of BAM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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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 Enbridge (ENB), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), TELUS (T), Suncor Energy (SU) and Meta Platforms (META).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 9/27 Dividend: 8/30/2024
• Dividend Payable: 9/27/2024
• Today: 11/05/2024
• Ex-Dividend for 12/31 Dividend: 11/29/2024
• Dividend Payable: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Trading
• Current Symbol: TSE:BAM
• CUSIP: N/A
• CIK: N/A
• Web: www.brookfield.com
• Phone: +1-416-3639491
• Fax: N/A
• Employees: 2,400
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$1.50
• Trailing P/E Ratio: 50.73
• Forward P/E Ratio: 29.77
• P/E Growth: 0.43
• Net Income: C$443 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 16.13%
• Return on Assets: 0.88%

Debt

• Debt-to-Equity Ratio: 6.32
• Current Ratio: 0.85
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: C$3.89 billion
• Price / Sales: 8.19
• Cash Flow: C$9.25 per share
• Price / Cash Flow: 8.23
• Book Value: C$7.71 per share
• Price / Book: 9.87

Miscellaneous

• Outstanding Shares: 418,850,000
• Free Float: N/A
• Market Cap: C$31.87 billion
• Optionable: Not Optionable
• Beta: N/A