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TSE:BAM

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

Today's Range
N/A
50-Day Range
C$51.65
C$60.26
52-Week Range
N/A
Volume
1.08 million shs
Average Volume
1.07 million shs
Market Capitalization
C$23.19 billion
P/E Ratio
38.14
Dividend Yield
3.80%
Price Target
N/A
BAM stock logo

About Brookfield Asset Management Stock (TSE:BAM)

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.

BAM Stock News Headlines

Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Brookfield: Q2 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
5/31/2024
Dividend Payable
6/28/2024
Last Earnings
8/07/2024
Ex-Dividend for 9/27 Dividend
8/30/2024
Today
9/07/2024
Dividend Payable
9/27/2024
Next Earnings (Estimated)
11/04/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
Trading
CIK
N/A
Fax
N/A
Employees
2,400
Year Founded
N/A

Profitability

Net Income
C$443 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.89 billion
Book Value
C$7.71 per share

Miscellaneous

Free Float
N/A
Market Cap
C$23.19 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Mark Joseph Carney FPC (Age 59)
    MPC, PRC, Chair of Board & Head of Transition Investing
  • Mr. James Bruce Flatt (Age 59)
    CEO & Director
    Comp: $510.34k
  • Mr. Connor David Teskey (Age 36)
    President and CEO of Renewable Power & Transition
    Comp: $2.49M
  • Mr. Bahir Manios (Age 45)
    Managing Partner & CFO
    Comp: $1.35M
  • Mr. Justin B. Beber (Age 54)
    Managing Partner & COO
  • Mr. Brian William Kingston (Age 51)
    Managing Partner, CEO of Real Estate & Director
    Comp: $2.04M
  • Mr. Cyrus Madon (Age 58)
    Managing Partner, Executive Chairman of Private Equity & Director
    Comp: $797k
  • Ms. Lori Anne Pearson F.C.A. (Age 62)
    FCPA, Managing Partner & COO of Brookfield Corporation
  • Mr. Samuel J. B. Pollock (Age 58)
    Managing Partner, CEO of Infrastructure & Director
    Comp: $797k
  • Mr. Dominic Dodds
    Managing Director of Technology

Should I Buy Brookfield Asset Management Stock? BAM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Brookfield Asset Management Ltd.:

  • Brookfield Asset Management's stock price reached a new 52-week high, indicating positive momentum and potential for further growth.
  • The company has a strong return on equity of 18.79%, showcasing efficient use of shareholder funds to generate profits.
  • Brookfield Asset Management has consistently increased its dividend, providing investors with a steady income stream and demonstrating financial stability.
  • The company's net margin of 45.32% reflects strong profitability and effective cost management.
  • Brookfield Asset Management has a diverse portfolio and a market capitalization of C$23.41 billion, indicating a solid presence in the market.

Cons

Investors should be bearish about investing in Brookfield Asset Management Ltd. for these reasons:

  • Brookfield Asset Management's price-to-earnings ratio of 41.05 is relatively high, suggesting the stock may be overvalued compared to its earnings.
  • The company's debt-to-equity ratio of 11.63 is on the higher side, indicating a significant reliance on debt financing which can pose risks during economic downturns.
  • Insider selling activity, such as Senior Officer Craig Noble and Director Justin B. Beber selling significant amounts of shares, may raise concerns about insider confidence in the company's future performance.
  • The current ratio of 0.84 and quick ratio of 0.95 are below the ideal levels, potentially signaling liquidity challenges in the short term.
  • While the company has a strong dividend payout ratio, the recent substantial increase in dividend may not be sustainable in the long run, impacting future cash flows.
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 Monday, August 19, 2024. Please send any questions or comments about these Brookfield Asset Management pros and cons to contact@marketbeat.com.

BAM Stock Analysis - Frequently Asked Questions

How were Brookfield Asset Management's earnings last quarter?

Brookfield Asset Management Ltd. (TSE:BAM) released its earnings results on Wednesday, August, 7th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $0.01. The company earned $1.57 billion during the quarter, compared to analyst estimates 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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This page (TSE:BAM) was last updated on 9/7/2024 by MarketBeat.com Staff

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