Brookfield Corporation (BN)
Market Cap | 62.80B |
Revenue (ttm) | 95.92B |
Net Income (ttm) | 1.13B |
Shares Out | 1.64B |
EPS (ttm) | 0.61 |
PE Ratio | 68.64 |
Forward PE | 11.50 |
Dividend | $0.32 (0.76%) |
Ex-Dividend Date | Mar 12, 2024 |
Volume | 1,977,518 |
Open | 41.53 |
Previous Close | 41.58 |
Day's Range | 41.37 - 41.99 |
52-Week Range | 28.84 - 43.17 |
Beta | 1.70 |
Analysts | Buy |
Price Target | 47.17 (+12.66%) |
Earnings Date | May 9, 2024 |
About BN
Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisit... [Read more]
Financial Performance
In 2023, Brookfield's revenue was $95.92 billion, an increase of 3.40% compared to the previous year's $92.77 billion. Earnings were $1.13 billion, a decrease of -45.04%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for BN stock is "Buy." The 12-month stock price forecast is $47.17, which is an increase of 12.66% from the latest price.
News
Brookfield Corporation Announces Results of Conversion of its Series 34 Preferred Shares
BROOKFIELD, NEWS, March 21, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced that after having taken into account all election notices received by the deadline for t...
Brookfield Asset Management Completes Annual Filings and Announces Management Changes
BROOKFIELD, NEWS, March 19, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that it has filed its 2023 annual materials on Form 40-F, including its audited f...
Brookfield Corporation Completes Annual Filings
BROOKFIELD, NEWS, March 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that it has filed its 2023 annual materials on Form 40-F, including its a...
Brookfield Announces Reset Dividend Rate on its Series 34 Preference Shares
BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that it has determined the fixed dividend rate on its Cumulative Class A ...
Brookfield Corporation Announces Pricing of $750 Million Notes Offering
BROOKFIELD, NEWS, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $750 million principal amount of senio...
Here's why private equity stocks like APO, BAM, Ares, OWL have soared
Wall Street has been amazed by the recent surge in technology stocks like Nvidia and Super Micro Computer. All these stocks have surged to a record high because of the ongoing demand for artificial in...
Brookfield CEO on Creating a Strategy for Financial Infrastructure
Brookfield plans to start a pool that invests in financial infrastructure, such as payments systems, as demand for the asset class grows. "We're creating a strategy for financial infrastructure becaus...
Brookfield Asset Management (BAM) stock is nearing ATH: is it a buy?
Private equity companies are doing well, with some of them trading at a record high. Brookfield Asset Management (BAM) stock price was trading at $41 on Friday, a few points below its all-time high of...
Brookfield Corporation Reports Strong 2023 Results
Distributable Earnings of $4.8 billion and Net Income of $5.1 billion for the Year Quarterly Dividend Raised by 14% BROOKFIELD, NEWS, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN...
Brookfield Asset Management Announces Strong Fourth Quarter Results and 19% Dividend Increase
$93 Billion of Capital Inflows, Prior to AEL Transaction $107 Billion of Dry Powder Available to Deploy BROOKFIELD, NEWS, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM,...
Brookfield Announces $10 Billion First Closing for Second Brookfield Global Transition Fund
World's largest private fund dedicated to investing in the net zero economy On track to exceed previous transition fund size BROOKFIELD, NEWS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Manage...
Scout Signs Virtual Power Purchase Agreement with AdventHealth for Texas Wind Farm
Agreement expected to support 40 percent of AdventHealth's electricity needs BOULDER, Colo. , Feb. 1, 2024 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner...
Brookfield Corporation to Host Fourth Quarter 2023 Results Conference Call
BROOKFIELD NEWS, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) will host its fourth quarter 2023 conference call and webcast on Thursday, February 8, 2024 at 10:00am (ET...
Brookfield Asset Management Ltd. Sets Fourth Quarter 2023 Results Conference Call
BROOKFIELD, NEWS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is set to publish its financial results for the fourth quarter 2023 on Wednesday, February 7,...
New INVL Asset Management fund will invest in funds managed by Brookfield Asset Management, one of the world's largest real estate management companies
INVL Asset Management, the leading Baltic alternative asset manager, has established a new fund of funds intended for informed investors which will invest in funds of Brookfield Asset Management. Thes...
Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid
BROOKFIELD, NEWS, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced it has received approval from the Toronto Sto...
American Tower Completes Strategic Review, Announces Agreement to Sell Operations in India to Brookfield
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) has signed a definitive agreement with Data Infrastructure Trust (“DIT”), an Infrastructure Investment Trust sponsore...
Brookfield Corporation Update on Initiatives for 2023
BROOKFIELD, NEWS, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today released a summary of recent highlights to close out 2023, which is appended and pos...
Canada Growth Fund Announces Strategic Investment in Entropy Inc. and Carbon Credit Offtake Commitment
BROOKFIELD, NEWS, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) and Canada Growth Fund Inc. ("CGF") and Advantage Energy Ltd. (TSX: AAV) ("Advantage") today ...
Brookfield and Everise Announce the Successful Closure of Investment by Warburg Pincus, for the Next Phase of Growth
BROOKFIELD, NEWS, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) and Everise, a leading global healthcare services outsourcing company, announced today the su...
EVERISE ANNOUNCES SUCCESSFUL CLOSURE OF INVESTMENT BY WARBURG PINCUS, JOINING BROOKFIELD FOR THE NEXT PHASE OF GROWTH
NEW YORK, SINGAPORE and MUMBAI, Dec. 20, 2023 /PRNewswire/ -- Everise, a leading global healthcare services outsourcing company, announced today the successful completion of the company's previously a...
Brookfield hires advisors to sell assets from Saeta worth $1.6 bln- sources
Canada's Brookfield (BN.TO) is working to sell renewable assets owned by its company Saeta Yield worth 1.5 billion euros ($1.64 billion) including debt, according to five people with knowledge of the ...
Brookfield evaluating potential next steps after Origin Energy shareholders reject buyout plan
Brookfield Asset Management BAM, +2.94% BAM, +2.38% and Brookfield Renewable Partners BEP, +4.64% BEP.UT, +4.32% said they will evaluate their next steps, if any, after Origin Energy Ltd. ORG, -3.91% ...
Origin Energy Investors Vote Against Brookfield-Led $12.8 Billion Takover Bid
Shareholders of Australian utility Origin Energy Ltd. voted against the Brookfield Asset Management-led A$19.1 billion ($12.8 billion) takeover offer at a meeting Monday.
Origin investors reject Brookfield's $10.6 bln bid on proxy votes
Origin Energy's investors have rejected a $10.6 billion Brookfield-led consortium's bid for Australia's largest power retailer at a shareholder meeting on Monday.