Brookfield Asset Management Ltd. (TSX: BAM)

Canada flag Canada · Delayed Price · Currency is CAD
52.32
+0.24 (0.46%)
Jul 2, 2024, 4:00 PM EDT
21.17%
Market Cap 20.42B
Revenue (ttm) 2.79B
Net Income (ttm) 1.73B
Shares Out 443.75M
EPS (ttm) 4.37
PE Ratio 11.96
Forward PE 27.55
Dividend 2.06 (3.93%)
Ex-Dividend Date Jun 13, 2024
Volume 924,856
Open 51.50
Previous Close 52.08
Day's Range n/a
52-Week Range 39.38 - 58.19
Beta n/a
Analysts n/a
Price Target 53.98 (+3.17%)
Earnings Date Aug 8, 2024

About 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 hous... [Read more]

Sector Financials
CEO Samuel J. B. Pollock
Employees 2,500
Stock Exchange Toronto Stock Exchange
Ticker Symbol BAM
Full Company Profile

Financial Performance

In 2023, BAM's revenue was $383.00 million, a decrease of -89.44% compared to the previous year's $3.63 billion. Earnings were $449.00 million, an increase of 2263.16%.

Financial numbers in USD Financial Statements

News

Brookfield Corporation Announces Pricing of $450 Million Notes Due 2035 and $200 Million Re-Opening of Notes Due 2054

BROOKFIELD, NEWS, June 17, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $450 million principal amount of senio...

15 days ago - GlobeNewsWire

Brookfield Opens Fundraising for Catalytic Transition Fund with Anchor Commitment from ALTÉRRA Targeted to Raise up to $5 billion to Scale Up Climate Finance in Emerging Markets

First dedicated fund introduced for transition investing in emerging markets $1 billion committed by UAE-backed ALTÉRRA CTF first close expected by the end of 2024 BROOKFIELD, NEWS, June 13, 2024 (GLO...

19 days ago - GlobeNewsWire

Brookfield Asset Management Announces Results of Annual Meeting of Shareholders

BROOKFIELD, NEWS, June 07, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) today announced that all six nominees proposed for election to the board of directors by hold...

25 days ago - GlobeNewsWire

Brookfield Corporation Announces Results of Annual and Special Meeting of Shareholders

BROOKFIELD, NEWS, June 07, 2024 (GLOBE NEWSWIRE) --  Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that all seven nominees proposed for election to the board of directors b...

25 days ago - GlobeNewsWire

Brookfield Powers Up: Eyes Major Stake In Neoen With A Bold Acquisition Bid

Brookfield Asset Management Inc (NYSE: BAM), together with its institutional partners, including Brookfield Renewable Partners L.P. (NYSE: BEP) and Temasek, through a special purpose vehicle, inked ...

4 weeks ago - Benzinga

AI will power up buyout barons’ green-energy spree

Artificial intelligence is reviving the moribund renewable-energy market. Following recent green-power take-privates by KKR and EQT , Canadian investor Brookfield Asset Management on Thursday said it ...

4 weeks ago - Reuters

Brookfield in Talks for $6.59 Billion Deal for France's Neoen

Brookfield Asset Management is in talks to potentially acquire France’s Neoen in a deal that values the renewable-power producer’s equity at $6.59 billion.

4 weeks ago - The Wall Street Journal

Brookfield leading talks to buy renewable energy provider for $6.5 billion

Canadian alternative-investment giant Brookfield said it's leading talks to buy a majority stake, and then buy out, French renewable energy provider Neoen.

4 weeks ago - Market Watch

Brookfield Asset Management: A 4% Yielding Growth Powerhouse In My IRA

Brookfield Asset Management pays a 4% dividend and has a strong track record of delivering solid returns. Read why BAM stock is a Buy.

5 weeks ago - Seeking Alpha

Brookfield Corporation Announces Renewal of Normal Course Issuer Bid

BROOKFIELD, NEWS, May 23, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the re...

5 weeks ago - GlobeNewsWire

Brookfield set to invest $500M in Indian renewable power firm - Bloomberg

Brookfield Asset Management intends to invest $500M in Leap Green Energy, an Indian renewable power firm, to help expand its wind energy capacity in India.

6 weeks ago - Seeking Alpha

Brookfield Plans to Invest $500 Million in Leap Green

Brookfield Asset Management Ltd. is planning to invest about $500 million for a majority stake in Indian renewable power firm Leap Green Energy Ltd., according to people familiar with the matter.

6 weeks ago - Financial Post

Brookfield Corp profit climbs as CEO predicts more deals incoming

Chief executive Bruce Flatt said the market for dealmaking is more 'stable and constructive' than it has been for the past two years

7 weeks ago - Financial Post

Brookfield Corp. Profit Rises as Flatt Sees Deals Picking Up

Brookfield Corp. posted a 5% increase in distributable earnings, beating analysts’ estimates, as higher profits in its insurance business helped offset a soft patch for Brookfield Asset Management.

7 weeks ago - Financial Post

Brookfield Corporation Reports Strong First Quarter Results

Record $150 billion of Deployable Capital Today Distributable Earnings of $4.9 billion and Net Income of $5.2 billion  for the Last Twelve Months BROOKFIELD, NEWS, May 09, 2024 (GLOBE NEWSWIRE) -- Bro...

7 weeks ago - GlobeNewsWire

Brookfield Asset Management Profit Falls in First Since Spinout

Brookfield Asset Management reported its first quarterly decline in profit since it spun out of its parent company amid a drop in fees from some permanent capital vehicles.

7 weeks ago - Financial Post

Brookfield Asset Management Sees Profit Drop in First Quarter

Brookfield Asset Management reported a decline in first-quarter profits but notched growth in its fee-related earnings.

7 weeks ago - BNN Bloomberg

Brookfield Asset Management Announces Strong First Quarter Results

Insurance Flows and Castlelake Add $75 Billion of AUM Since Quarter End $106 Billion of Dry Powder Available to Invest BROOKFIELD, NEWS, May 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Lt...

7 weeks ago - GlobeNewsWire

Brookfield Buys Stake in Private Debt Firm Castlelake’s Fees

Brookfield Asset Management struck a partnership with Castlelake LP to get a majority share of the private debt firm’s fee-related earnings, another move in the Canadian investing giant’s effort to gr...

2 months ago - BNN Bloomberg