Brookfield Asset Management Ltd. (BAM)

NYSE: BAM · Real-Time Price · USD
55.00
-0.64 (-1.15%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.15%
Market Cap 23.11B
Revenue (ttm) n/a
Net Income (ttm) 450.00M
Shares Out 420.93M
EPS (ttm) 1.09
PE Ratio 51.37
Forward PE 8.57
Dividend $1.52 (2.76%)
Ex-Dividend Date Nov 29, 2024
Volume 848,272
Open 55.79
Previous Close 55.64
Day's Range 54.56 - 55.95
52-Week Range 33.13 - 58.53
Beta 1.42
Analysts Buy
Price Target 52.29 (-4.93%)
Earnings Date Nov 4, 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
Founded 2022
Employees 2,500
Stock Exchange NYSE
Ticker Symbol BAM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for BAM stock is "Buy." The 12-month stock price forecast is $52.29, which is a decrease of -4.93% from the latest price.

Price Target
$52.29
(-4.93% downside)
Analyst Consensus: Buy
Stock Forecasts

News

TVA Enters 10-year Power Purchase Agreement with Argo and Brookfield's Smoky Mountain Hydro Facilities

NEW YORK & KNOXVILLE, Tenn.--(BUSINESS WIRE)--Tennessee Valley Authority (“TVA”) together with Argo Infrastructure Partners, LP (“Argo”) and Brookfield Asset Management (“Brookfield”) (NYSE: BAM, TSX:...

Other symbols: BEP
1 day ago - Business Wire

TerraForm Power Names Mark Noyes as CEO

NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- TerraForm Power, a leading developer, builder, and operator of renewable power, announced today that it has named Mark Noyes as Chief Executive Officer and ...

Other symbols: BEP
1 day ago - GlobeNewsWire

Brookfield Asset Management Ltd. (BAM) Q3 2024 Earnings Call Transcript

Brookfield Asset Management Ltd. (NYSE:BAM) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Bruce Flatt - Chief Executive Officer Connor Teskey - President Hadley P...

16 days ago - Seeking Alpha

Brookfield Asset Management Announces Record Third Quarter Results

Fee-Related Earnings up 14% Year-Over-Year to $644 Million

16 days ago - GlobeNewsWire

Buy The Dip In These '$10 Trillion Opportunity' Big Dividends Hand-Over-Fist

There is a major macroeconomic shift beginning to take place. This trend provides a potential $10 trillion opportunity that investors can potentially take advantage of. We share several undervalued hi...

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19 days ago - Seeking Alpha

A Rare Buying Opportunity: Big Market Disconnect In Alternative Asset Managers

There's a huge market disconnect going on in one of the hottest sectors right now. We discuss why one stock in that sector has massively lagged behind the other high fliers. We also discuss why we thi...

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21 days ago - Seeking Alpha

Brookfield Asset Management: Peers Better Positioned In Q3

Brookfield Asset Management Ltd.'s complex structure and underperformance compared to peers raises concerns about its ability to follow through on promises. Brookfield's high real estate exposure, par...

22 days ago - Seeking Alpha

Very Good News For Big Dividend Infrastructure Stocks

Big dividend infrastructure stocks have surged recently. We discuss the two major catalysts for this surge. We also share several opportunities that remain very attractive in the space.

27 days ago - Seeking Alpha

Brookfield Asset Management: Buy And Hold Forever

Brookfield Asset Management, led by Bruce Flatt, is a high-quality, long-term investment with a proven track record of strong returns over 25 years. The company manages ~$1 trillion in assets, with a ...

4 weeks ago - Seeking Alpha

Big Dividends For Beating Stagflation In Retirement

Stagflation poses a huge threat to retirees seeking to live off of dividends. We discuss why this is the case and what type of stock is ideal for this scenario. We share four of our top picks to retir...

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4 weeks ago - Seeking Alpha

5 Stocks I'm Buying As I Reexamined My Sphere Of Competence

I emphasize refocusing on my core competency in real estate and diversifying through dividend ETFs, avoiding the overvalued S&P 500. Current S&P 500 valuations are historically high, suggesting poor f...

4 weeks ago - Seeking Alpha

Invest $100,000 For An AI-Powered Dividend Snowball

Charlie Munger gave investors the key to setting themselves up for long-term financial success. Investing in AI can position your portfolio to achieve outsized long-term dividend growth and potentiall...

5 weeks ago - Seeking Alpha

Brookfield Asset Management to Host Third Quarter 2024 Results Conference Call

BROOKFIELD, NEWS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) will host its third quarter 2024 conference call and webcast on Monday, November 4, 2024 at 1...

6 weeks ago - GlobeNewsWire

Brookfield Oaktree Wealth Solutions Survey Highlights Investor Demand for Alternative Investments and Critical Role of Financial Advisors

New data from “The Alts Institute” provides key insights into the value of alternatives in end investor portfolios New data from “The Alts Institute” provides key insights into the value of alternativ...

6 weeks ago - GlobeNewsWire

Bad News For High Yield Stocks

High-yield stocks have surged in recent months. However, recently, news hit that threatens to end the rally in much of the sector. We share which part of the high-yield space is likely going to benefi...

6 weeks ago - Seeking Alpha

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA

Additional capital raised from CDPQ, GIC, Prudential and Temasek, among others Targeting up to $5 billion, anchored by $1 billion catalytic capital investment by ALTÉRRA BROOKFIELD, NEWS, Sept. 23, 20...

2 months ago - GlobeNewsWire

Brookfield and Castlelake Complete Strategic Partnership Transaction

Brookfield Asset Management acquires 51% interest in Castlelake and Brookfield Wealth Solutions commits to invest in the firm's funds and strategies, total capital amounting to $1.5B NEW YORK and MINN...

2 months ago - PRNewsWire

Billionaire Investor Warns Of 'Worst Outcome' Economy Possible: Our Approach

A prominent billionaire recently warned of the plausibility of the worst-case scenario for the U.S. economy playing out. We discuss why we think there is a reasonable chance of this happening as well....

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2 months ago - Seeking Alpha

If I Could Only Buy 2 Investments For The Next Year

Between soaring geopolitical risks, macroeconomic uncertainties, and impending Fed rate cuts, the markets are in a period of rapidly shifting dynamics. While I do not tend to invest with a single-year...

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2 months ago - Seeking Alpha

American Tower Closes the Sale of Operations in India to Brookfield

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) today announced that it has closed the previously announced sale of 100% of the equity interests in its operations in...

Other symbols: AMT
2 months ago - Business Wire

Brookfield to Invest Up to $1.1 Billion in Infinium to Scale Ultra-Low Carbon eFuels

New investments secured for Infinium and company's Project Roadrunner production plant to accelerate availability of sustainable aviation fuel SACRAMENTO, Calif. , Sept. 10, 2024 /PRNewswire/ -- Infin...

Other symbols: BEP
2 months ago - PRNewsWire

How I Would Invest $100,000 For Big Dividends In September 2024

I discuss which areas of the market are most opportunistic for generating high yield income right now. I share some of my top picks within those sectors. I also share how I would deploy $100,000 of ne...

Other symbols: ADCAEMBARBEPBEPCBIZDBN
2 months ago - Seeking Alpha

10 Dividend Blue-Chip Bargains To Potentially Profit From This Irrational Market Freakout

Joel Greenblatt's Magic Formula combines value and quality investing. By focusing on earnings yield and return on capital, it has achieved 40% annual returns for 21 years. The market's recent selloff,...

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2 months ago - Seeking Alpha

10 Stocks And 5 Funds For A Powerful Dividend Snowball

We share the criteria by which we select dividend stocks. We share 10 stocks that meet these criteria. We also share five funds that provide an alternative path to achieving somewhat similar results w...

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2 months ago - Seeking Alpha

Brookfield Asset Management: Buy This Dividend Growth Machine Now

Since my prior article, I have added to Brookfield Asset Management twice. The company raised $68 billion in capital during the quarter. BAM enjoys an A- credit rating on a stable outlook from S&P.

2 months ago - Seeking Alpha