Brookfield Asset Management Inc. (BAM)
Market Cap | 16.25B |
Revenue (ttm) | 4.06B |
Net Income (ttm) | 1.84B |
Shares Out | 414.48M |
EPS (ttm) | 1.13 |
PE Ratio | 37.16 |
Forward PE | 27.32 |
Dividend | $1.52 (3.62%) |
Ex-Dividend Date | Feb 28, 2024 |
Volume | 761,363 |
Open | 41.80 |
Previous Close | 41.80 |
Day's Range | 41.55 - 42.08 |
52-Week Range | 28.35 - 43.00 |
Beta | 1.42 |
Analysts | Buy |
Price Target | 41.86 (-0.38%) |
Earnings Date | May 8, 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]
Financial Performance
In 2023, BAM's revenue was $4.06 billion, an increase of 11.99% compared to the previous year's $3.63 billion. Earnings were $1.84 billion, a decrease of -3.97%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for BAM stock is "Buy." The 12-month stock price forecast is $41.86, which is a decrease of -0.38% from the latest price.
News
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...
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 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 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...
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 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.
Brookfield's $10.6 billion bid for Origin EnergyOrigin Energy expected to fail on Monday
The outcome of a Brookfield consortium's $10.6 billion bid for Australia's Origin Energy will be officially known on Monday, with investors expected to vote down its year-long attempt to buy the count...
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...