Brookfield Asset Management Inc. (BAM)
| Market Cap | 14.06B |
| Revenue (ttm) | 4.05B |
| Net Income (ttm) | 1.97B |
| Shares Out | 390.04M |
| EPS (ttm) | 0.06 |
| PE Ratio | 601.00 |
| Forward PE | 24.36 |
| Dividend | $1.28 (3.55%) |
| Ex-Dividend Date | Nov 29, 2023 |
| Volume | 1,796,924 |
| Open | 34.87 |
| Previous Close | 35.03 |
| Day's Range | 34.80 - 36.09 |
| 52-Week Range | 26.76 - 36.23 |
| Beta | 1.42 |
| Analysts | Buy |
| Price Target | 38.25 (+6.07%) |
| Earnings Date | Nov 6, 2023 |
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]
Financial Performance
In 2022, BAM's revenue was $3.63 billion, an increase of 17.49% compared to the previous year's $3.09 billion. Earnings were $1.92 billion, an increase of 2.46%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for BAM stock is "Buy." The 12-month stock price forecast is $38.25, which is an increase of 6.07% from the latest price.
News
Brookfield Asset Management raises $30 billion for private infrastructure investments
Brookfield Asset Management Ltd. BAM, -1.82% said Friday it drew in $30 billion in investor commitments for Brookfield Infrastructure Fund V, its flagship global infrastructure vehicle and the largest...
Brookfield Raises Record $30 Billion For Flagship Infrastructure Strategy
BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the closing of its flagship global infrastructure equity fund, Brookfield Infrastructure ...
Brookfield Launches Emerging Markets Transition Fund with Anchor Commitment from ALTÉRRA Alongside Investment in the Brookfield Global Transition Fund; Both Funds to Help Deploy Over $20 Billion in Climate Initiatives
UAE's newly launched ALTÉRRA joins forces with Brookfield to enable the creation of a multi-billion catalytic fund to accelerate global energy transition
Brookfield to consider new Australia energy policy impact if Origin bid fails
Brookfield said on Friday it would consider the implications of Australia's new green energy policy on Origin Energy before making a new offer should its $10.6 billion bid for the firm be voted down b...
Brookfield Asset Management to Present at the Goldman Sachs U.S. Financial Services Conference
BROOKFIELD, NEWS, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that Bruce Flatt, Chief Executive Officer, is scheduled to present at the Goldman S...
Why wealthy investors put $125 billion into this new type of private-equity fund last year
Private-equity funds aimed at wealthy individuals continue to draw in fresh capital as the universe of alternative investments grows beyond its roots serving endowments, pension funds and other instit...
Brookfield Expands its Operations in Germany with a New Frankfurt Office
BROOKFIELD, NEWS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the opening of its new Frankfurt office. The new office reinforces Brookfield's long-term...
Westinghouse Acquisition by Brookfield and Cameco Complete
CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--As announced earlier today, a consortium comprised of Brookfield Asset Management (NYSE: BAM, TSX: BAM), and alongside its publicly listed affiliate Brookfiel...
Brookfield Asset Management Announces Strong Third Quarter Results
Strong Fundraising with $61 Billion of Capital Raised Year-to-Date; Remain on Track to Achieve Cap ital Raising Target of Close to $150 Billion
Brookfield Raises Record $6 Billion For Global Infrastructure Debt Investments
BROOKFIELD, NEWS, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the closing of its global infrastructure debt program, Brookfield Infrastructure Debt Fun...
Origin Energy's top shareholder rejects Brookfield's 'best and final' $10.5 bln bid
Pension fund AustralianSuper on Thursday rejected the Brookfield consortium's best and final A$16.40 billion ($10.53 billion) takeover offer for Origin Energy , saying the sweetened offer remained "su...
Brookfield makes 'best and final' $10.5 bln bid for Australia's Origin Energy
A Brookfield consortium on Thursday lifted its bid for Australian power producer Origin Energy by 8% to A$16.40 billion ($10.49 billion), its "best and final" offer after earlier opposition from the t...
Duke Energy Renewables Rebrands as Deriva Energy under Brookfield Ownership
CHARLOTTE, N.C. , Oct. 25, 2023 /PRNewswire/ -- Deriva Energy, a leading operator and developer of clean power projects in the United States, made its debut today.
Brookfield Announces Appointment of Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure
Appointment underscores Brookfield's commitment to investing in financial infrastructure Appointment underscores Brookfield's commitment to investing in financial infrastructure
Brookfield Asset Management Ltd. Sets Third Quarter 2023 Results Conference Call
BROOKFIELD, NEWS, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is set to publish its financial results for the third quarter 2023 on Monday, November 6, 202...
Brookfield Raises $12 Billion for Flagship Global Private Equity Program
BROOKFIELD, NEWS, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management announced today the closing of its latest flagship global private equity program, Brookfield Capital Partners VI (“BCP V...
Brookfield enters second renewable energy joint venture with Axis Energy
Canada's Brookfield Asset Management has entered its second joint venture with Axis Energy Ventures to establish a renewable energy development platform targeting growth in India, the companies said i...
UNITE HERE Releases Real Estate Runaround: How Brookfield's Insurance Venture Offers Reward for Investors, Risk for Retirees
NEW YORK--(BUSINESS WIRE)---- $BAM #NAIC--UNITE HERE Releases Report on $4.7b in related-party investments made by Brookfield's newly-acquired insurance affiliate American National.
Brookfield Asset Management to Host Investor Day on September 12, 2023
BROOKFIELD, NEWS, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that it will host an Investor Day on Tuesday, September 12, 2023. The event will r...
Brookfield Asset Management says it wants to grow its assets under management in the Middle East
Jad Ellawn of Brookfield Asset Management discusses the company's Middle East push.
Brookfield Asset Management Announces Strong Second Quarter Results
$37 billion of Capital Raised Year-to- Date; On Track to Achieve Record Inflows of Close to $150 Billion in 2023
UNITE HERE Alerts American National Insurance Agents to Dramatic Shift in Company's Investment Strategy Since Acquisition by Brookfield Reinsurance
NEW YORK--(BUSINESS WIRE)---- $BAM #NAIC--UNITE HERE alerts American National agents of shift in insurer's investment strategy since its takeover by Bermuda-based Brookfield Reinsurance.
Brookfield Asset Management to Present at RBC Investor Luncheon
BROOKFIELD, NEWS, July 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that Sachin Shah, CEO of Brookfield Insurance Solutions, and Bahir Manios, Chief Fi...
Brookfield Asset Management Ltd. Sets Second Quarter 2023 Results Conference Call
BROOKFIELD, NEWS, July 12, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is set to publish its financial results for the second quarter 2023 on Wednesday, August 9, 2...
Brookfield's reinsurance arm nearing deal to buy American Equity
Canadian private equity firm Brookfield's reinsurance arm is nearing a deal to buy insurer American Equity Life Holding , a person familiar with the matter told Reuters on Monday.