BAM-A.TO - Brookfield Asset Management Inc.

Toronto - Toronto Delayed Price. Currency in CAD
43.31
+0.91 (+2.15%)
As of 2:45PM EDT. Market open.
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Chart Events
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close42.40
Open42.90
Bid43.30 x 0
Ask43.31 x 0
Day's Range42.77 - 43.81
52 Week Range31.35 - 60.48
Volume377,595
Avg. Volume3,479,130
Market Cap68.124B
Beta (5Y Monthly)1.16
PE Ratio (TTM)38.06
EPS (TTM)1.14
Earnings DateN/A
Forward Dividend & Yield0.68 (1.59%)
Ex-Dividend DateMay 28, 2020
1y Target Est52.00
  • Is Brookfield Renewable Partners a Buy?
    Motley Fool

    Is Brookfield Renewable Partners a Buy?

    With plenty of volatility in oil prices, renewable energy stocks are looking a lot more attractive to investors. One top renewable energy pick is recent outperformer Brookfield Renewable Partners (NYSE: BEP). Managed by the capable team at Brookfield Asset Management (NYSE: BAM), Brookfield Renewable's unit price growth has skunked the market over the last three years -- up 51.3%, compared to just 23.8% for the S&P 500.

  • Brookfield to Discuss Rejoining Virgin Australia Bidding
    Bloomberg

    Brookfield to Discuss Rejoining Virgin Australia Bidding

    (Bloomberg) -- Brookfield Asset Management Inc. is in discussions with administrators for Virgin Australia Holdings Ltd. over rejoining the bidding for the airline after withdrawing from consideration, people familiar with the matter said.The Canadian asset manager had submitted a proposal before the May 15 deadline for indicative offers for the carrier, but withdrew over concerns about the competitive environment, said one of the people, who asked not to be identified as the discussions are private.Brookfield’s concerns about the process include that there are too many bidders and that the timeline is too short, both of which make it difficult to ascertain the key information they would need to firm up a bid, said the people.The revival of Brookfield’s bid would shake up a shortlist that Deloitte had described as a small number of well-funded parties with strong aviation credentials. The process has included as many as 20 parties initially expressing interest.Either the administrators or Brookfield could decide not to proceed with the discussions. Representatives for Brookfield and Deloitte declined to comment.In its May 18 statement confirming that it had determined the shortlist, Deloitte said it could not comment on who the chosen parties were due to confidentiality commitments.Deloitte has said it plans to work intensely with the shortlisted parties, as it seeks binding offers by mid-June.Virgin Australia entered voluntary administration last month after being overwhelmed by A$6.5 billion ($4.3 billion) in debt amplified by years of losses and a severe revenue shortfall from coronavirus-related travel cancellations.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GlobeNewswire

    Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid

    All Class A Share amounts are presented, where applicable, on a post-stock split basis to account for the three-for-two stock split completed on April 1, 2020. BROOKFIELD, NEWS, May 21, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (BAM) (BAM-A.TO) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid to purchase up to 132,829,848 Class A Limited Voting Shares (“Class A Shares”), representing 10% of the public float of Brookfield’s outstanding Class A Shares. Purchases under the bid will be made through the facilities of the TSX, the New York Stock Exchange (“NYSE”), and/or alternative trading systems.

  • Is Brookfield Infrastructure Partners Stock a Buy?
    Motley Fool

    Is Brookfield Infrastructure Partners Stock a Buy?

    This partnership owns a globally diversified portfolio of irreplaceable physical assets. Is that enough to make it worth buying?

  • Benzinga

    Brookfield Asset Mgmt: Q1 Earnings Insights

    Shares of Brookfield Asset Mgmt (NYSE:BAM) decreased 0.68% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 134.48% year over year to ($0.20), which may not compare to the estimate of $0.45.Revenue of $16,586,000,000 rose by 9.06% from the same period last year, which missed the estimate of $18,450,000,000.Outlook Brookfield Asset Mgmt hasn't issued any earnings guidance for the time being.Brookfield Asset Mgmt hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 14, 2020View more earnings on BAMTime: 08:36 PM ETWebcast URL: https://edge.media-server.com/mmc/go/bamQ1-2020Technicals Company's 52-week high was at $68.41Company's 52-week low was at $27.25Price action over last quarter: down 32.06%Company Overview Brookfield Asset Management Inc owns and manages commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. Brookfield has the greatest amount of assets in Real Estate and generates the most revenue through Private Equity. Located around the world, its assets are concentrated in the United States, Canada, Brazil, and Australia.See more from Benzinga * GDS Holdings: Q1 Earnings Insights * Recap: NICE Q1 Earnings * XPEL: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • GlobeNewswire

    Brookfield Asset Management Announces Dividend Declaration and Reports First Quarter 2020 Results

    BROOKFIELD, News, May 14, 2020 -- Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) today announced financial results for the quarter ended March 31, 2020. Bruce Flatt,.

  • Financial Times

    Brookfield: privately public

    On Wednesday, Brookfield Asset Management, the Canadian powerhouse that manages more than $500bn, announced corporate governance changes to clarify its byzantine management structure. Brookfield sits at the top of a web of various publicly traded vehicles and private funds that generate fees for the parent company. It said on Wednesday that a class of special voting shares with enough power to control the Brookfield board would now be placed in a trust governed by chief executive Bruce Flatt and six others.

  • Financial Times

    Brookfield revamps unusual ownership structure

    Brookfield Asset Management has unveiled sweeping changes to its unusual ownership structure that for decades has given a secretive group of self-styled partners the right to wield huge influence over the $500bn investment firm. The move follows a Financial Times report earlier this year that detailed how Brookfield’s jigsaw-like structure had made it difficult to identify the investors behind deals struck with counterparties including the family of Jared Kushner, the son-in-law and adviser of US president Donald Trump. The reforms strip Partners Limited, Brookfield’s governing “partnership”, of wide-ranging rights to control the NYSE-listed company.

  • Insider Monkey

    Brookfield Asset Management (BAM): Strong Growth And Abundant Potential

    Alphyn Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The fund posted a return of -21.7% for the quarter, underperforming its benchmark, the S&P 500 Index which returned -19.6% in the same quarter. You should check out Alphyn Capital’s top 5 stock picks for investors to buy […]

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    GuruFocus.com

    Top 5 Buys of Chuck Akre's Firm in the 1st Quarter

    Firm’s top new buys include holding company of Ticketmaster Continue reading...

  • Brookfield Asset Management to Spend $5 Billion Bailing Out Retailers
    Motley Fool

    Brookfield Asset Management to Spend $5 Billion Bailing Out Retailers

    The fate of retailers and shopping malls is becoming even more inextricably linked as mall owner Brookfield Asset Management (NYSE: BAM) announced it is establishing a $5 billion fund to take non-controlling interests in ailing retailers. With its Brookfield Property Partners (NASDAQ: BPY) unit, which typically holds Brookfield Asset's mall investments, already taking stakes in Aeropostale and Forever 21 to help forestall the ravages of the retail apocalypse, this latest effort deepens the relationship between landlord and tenant. Brookfield Asset Management is funding the program through its internal resources as well as those from its institutional partners.

  • Brookfield (BAM) to Report Q1 Earnings: What's in the Cards?
    Zacks

    Brookfield (BAM) to Report Q1 Earnings: What's in the Cards?

    Social distancing measures to impact Brookfield's (BAM) hospitality and retail properties in Q1. Yet, fee-related earnings are likely to grow due to the contributions from Oaktree distressed debt fund.

  • 5 Dividend Stocks to Buy Before You Even Consider Oil Stocks
    Motley Fool

    5 Dividend Stocks to Buy Before You Even Consider Oil Stocks

    The oil industry could take a lot longer to recover than the economy. Five experts weigh in on better investments for reliable dividends.

  • Reuters

    Canada's Brookfield plans to invest $5 billion in struggling retailers

    The asset manager said it would aim to take non-controlling stakes in retail businesses that have $250 million or higher in normalized revenues and have been operating for at least two years. Brookfield said it will fund its retail revitalization program along with its institutional partners and would be led by Ron Bloom, the vice chairman of Brookfield's Private Equity Group. Bloom was a chief architect of the Obama administration's 2009 U.S. auto bailout and long-time adviser to unions in industry shake-ups.

  • GlobeNewswire

    Brookfield to Create $5 Billion Retail Revitalization Program

    Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced the launch of a Retail Revitalization Program (“the Program”) to bring much needed capital and assist with the recapitalization of retail businesses with operations in the major markets in which Brookfield operates globally. The Program, which will be funded by Brookfield and its institutional partners, will focus on non-control investments in retail businesses to assist with their capital needs during this period of dislocation. Brookfield is targeting $5 billion to be put toward this Program.

  • Expert Roundtable: 4 Energy Stocks Benefitting From Low Oil Prices
    Motley Fool

    Expert Roundtable: 4 Energy Stocks Benefitting From Low Oil Prices

    Low oil prices are hurting oil production companies, many of which are spending more to pump oil than they are getting for it. Here's why they expect these stocks to benefit from oil prices at these levels. Travis Hoium (Frontline): Cratering oil prices are creating conditions for a huge windfall flowing to oil tanker companies like Frontline.

  • Is Brookfield Asset Management Stock a Buy?
    Motley Fool

    Is Brookfield Asset Management Stock a Buy?

    Like most other stocks, Brookfield Asset Management (NYSE: BAM) has suffered the ups and downs that have come with the coronavirus pandemic over the past two months. Brookfield Asset Management is an alternative asset manager, which means it makes investments outside of classic investment categories such as stocks and bonds. The company invests in many businesses through its publicly traded partnerships, which include Brookfield Property Partners (NASDAQ: BPY), Brookfield Infrastructure Partners (NYSE: BIP), Brookfield Renewable Partners (NYSE: BEP), and Brookfield Business Partners (NYSE: BBU).

  • Leith Wheeler Canadian Equity Fund's Top 5 Buys in 2nd Half of 2019
    GuruFocus.com

    Leith Wheeler Canadian Equity Fund's Top 5 Buys in 2nd Half of 2019

    Fund releases portfolio for the six-month period ending December 2019 Continue reading...

  • Reuters

    Bidders for ADNOC gas pipelines in talks for $8 billion loan - sources

    A consortium of bidders including U.S.-based Global Infrastructure Partners (GIP) is in talks with banks for an $8 billion loan to back their investment in Abu Dhabi National Oil Co's (ADNOC) natural gas pipeline assets, three sources said. The talks with banks had been going on for weeks and it was not clear when the deal would be finalised, particularly amid challenging market conditions and plunging oil prices, said one of the sources. The consortium of bidders included GIP, Brookfield Asset Management and Italian infrastructure firm Snam, said the sources, with one of them adding GIP would have by far the biggest stake in the consortium.

  • Hotels hit by coronavirus scramble for concessions from lenders
    Yahoo Finance

    Hotels hit by coronavirus scramble for concessions from lenders

    "This is a once-in-a-lifetime event," hotel CEO tells Yahoo Finance

  • GlobeNewswire

    Brookfield Asset Management 2020 First Quarter Results Conference Call and Webcast

    Date:  Thursday, May 14, 2020Time:  11:00 a.m. (Eastern Time) BROOKFIELD, NEWS, April 14, 2020 -- First Quarter Conference CallYou are invited to participate in Brookfield.

  • Hotel industry is 'getting crushed' by coronavirus and no one is there to help: Ashford Hospitality CEO
    Yahoo Finance Video

    Hotel industry is 'getting crushed' by coronavirus and no one is there to help: Ashford Hospitality CEO

    Monty Bennett, Founder, Chairman and CEO of Ashford Inc, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the hotel industry is faring amid the coronavirus outbreak.

  • GlobeNewswire

    Brookfield Asset Management Announces Pricing of US$150 Million Re-Opening of 4.350% Notes Due April 15, 2030

    Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced the pricing of a US$150 million re-opening of its 4.350% notes due 2030 (the “additional notes”) due to investor demand. The additional notes will form part of the same series as the already outstanding US$600 million principal amount of 4.350% notes due 2030 (the “existing notes”), which were announced on April 7, 2020 and issued on April 9, 2020. The terms of the additional notes will be identical to the existing notes, other than the issue date and issue price.

  • GlobeNewswire

    Brookfield Asset Management Announces Pricing of US$600 Million Debt Offering

    Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced the pricing of its previously announced public debt offering of notes due 2030 (the “notes”). The notes will be issued by Brookfield Finance Inc., an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The notes will be offered under Brookfield Finance Inc.’s existing base shelf prospectus filed in the United States and Canada.

  • GlobeNewswire

    Brookfield Asset Management Announces Proposed Debt Offering

    Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced that it is commencing a public debt offering, subject to market and other conditions, of notes due 2030 (the “notes”). The notes will be issued by Brookfield Finance Inc., an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and Citigroup Global Markets Inc. are acting as joint book-running managers for the offering.