Brookfield Corporation (BN)

NYSE: BN · IEX Real-Time Price · USD
39.61
+0.62 (1.59%)
At close: Apr 22, 2024, 4:00 PM
39.90
+0.29 (0.73%)
After-hours: Apr 22, 2024, 7:17 PM EDT
1.59%
Market Cap 64.99B
Revenue (ttm) 95.92B
Net Income (ttm) 1.13B
Shares Out 1.64B
EPS (ttm) 0.61
PE Ratio 64.93
Forward PE 10.88
Dividend $0.32 (0.81%)
Ex-Dividend Date Mar 12, 2024
Volume 1,445,105
Open 39.21
Previous Close 38.99
Day's Range 38.89 - 39.76
52-Week Range 28.84 - 43.17
Beta 1.69
Analysts Buy
Price Target 47.17 (+19.09%)
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]

Sector Financials
Founded 1997
Employees 200,000
Stock Exchange NYSE
Ticker Symbol BN
Full Company Profile

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 Statements

Analyst 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 19.09% from the latest price.

Price Target
$47.17
(19.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Scout Clean Energy Announces 12-Year Virtual Power Purchase Agreement with Zoetis Inc.

BOULDER, Colo. , April 18, 2024 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado-based renewable energy developer-owner-operator, is pleased to announce they have signed a Virtual Power Purchase...

Other symbols: BAM
4 days ago - PRNewsWire

Brookfield Asset Management Ltd. Sets First Quarter 2024 Results Conference Call

BROOKFIELD, NEWS, April 12, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is set to publish its financial results for the first quarter 2024 on May 8, 2024, prior to ...

Other symbols: BAM
10 days ago - GlobeNewsWire

Brookfield Corporation to Host First Quarter 2024 Results Conference Call

BROOKFIELD, NEWS, April 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) will host its first quarter 2024 conference call and webcast on Thursday, May 9, 2024 at 10:00 a.m. (ET)...

13 days ago - GlobeNewsWire

Brookfield Announces a Strategic Partnership with Soundcore Capital Partners and Heartland Paving Partners

NEW YORK , April 4, 2024 /PRNewswire/ -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), through its private equity sponsor solutions business, Brookfield Sponsor Solutions, today announced a ...

Other symbols: BAM
18 days ago - PRNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

Other symbols: BAM
4 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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 ...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

Other symbols: APOARESBAMOWL
2 months ago - Invezz

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...

Other symbols: BAM
2 months ago - Bloomberg Markets and Finance

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...

Other symbols: BAM
2 months ago - Invezz

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...

2 months ago - GlobeNewsWire

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,...

Other symbols: BAM
2 months ago - GlobeNewsWire

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...

Other symbols: BAM
2 months ago - GlobeNewsWire

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...

Other symbols: BAM
2 months ago - PRNewsWire

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...

2 months ago - GlobeNewsWire

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,...

Other symbols: BAM
3 months ago - GlobeNewsWire

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...

Other symbols: BAM
3 months ago - GlobeNewsWire

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...

Other symbols: BAM
3 months ago - GlobeNewsWire

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...

Other symbols: AMTBAM
3 months ago - Business Wire

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...

4 months ago - GlobeNewsWire

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 ...

Other symbols: BAM
4 months ago - GlobeNewsWire

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...

Other symbols: BAM
4 months ago - GlobeNewsWire

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...

Other symbols: BAMBBU
4 months ago - PRNewsWire