Brookfield Asset Management Inc. (BAM)

NYSE: BAM · IEX Real-Time Price · USD
36.06
+1.03 (2.94%)
Dec 1, 2023, 4:00 PM EST - Market closed
2.94%
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]

Sector Financials
CEO James Bruce Flatt
Employees 2,500
Stock Exchange NYSE
Ticker Symbol BAM
Full Company Profile

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 Statements

Analyst 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.

Price Target
$38.25
(6.07% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days ago - Market Watch

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 ...

2 days ago - GlobeNewsWire

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

2 days ago - GlobeNewsWire

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...

2 days ago - Reuters

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...

4 days ago - GlobeNewsWire

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...

Other symbols: HLNEKKR
9 days ago - Market Watch

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...

20 days ago - GlobeNewsWire

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...

Other symbols: BEPCCJ
26 days ago - Business Wire

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

27 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - Reuters

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...

4 weeks ago - Reuters

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.

5 weeks ago - PRNewsWire

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

5 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Reuters

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.

2 months ago - Business Wire

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...

2 months ago - GlobeNewsWire

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.

3 months ago - CNBC International TV

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

4 months ago - GlobeNewsWire

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.

4 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

Other symbols: AEL
5 months ago - Reuters