U.S. Markets open in 3 hrs 15 mins

Brookfield Asset Management Inc. (BAM)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
38.81-0.44 (-1.12%)
At close: 4:00PM EST

38.81 0.00 (0.00%)
Before hours: 4:26AM EST

Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close39.25
Open39.20
Bid0.00 x 900
Ask41.59 x 800
Day's Range38.73 - 39.37
52 Week Range21.57 - 45.61
Volume1,685,148
Avg. Volume2,792,269
Market Cap58.627B
Beta (5Y Monthly)1.32
PE Ratio (TTM)N/A
EPS (TTM)-0.03
Earnings DateN/A
Forward Dividend & Yield0.48 (1.24%)
Ex-Dividend DateNov 27, 2020
1y Target Est49.35
  • Brookfield, KKR Said to Weigh Bids for Aramco Pipeline Stake
    Bloomberg

    Brookfield, KKR Said to Weigh Bids for Aramco Pipeline Stake

    (Bloomberg) -- Brookfield Asset Management Inc. and KKR & Co. are among top infrastructure investors weighing bids for a stake in Saudi Aramco’s oil pipelines, people familiar with the matter said.Apollo Global Management Inc. and China’s state-backed Silk Road Fund Co. have also been studying whether to make offers, the people said, asking not to be identified as the matter is private. The stake sale could fetch Aramco around $10 billion, the people said.The world’s top oil producer has asked for expressions of interest and aims to receive non-binding offers next month, according to the people. Aramco’s advisers are also gauging interest from other potential bidders including sovereign wealth fund China Investment Corp., the people said. Some bidders may team up given the size of the transaction, they said. Aramco has been seeking to raise funds by selling stakes in non-core assets, mirroring a strategy adopted by Abu Dhabi National Oil Co. An investor group including Brookfield and GIC Pte invested $10.1 billion in Adnoc’s natural-gas pipelines last year.While large Canadian pension funds often pursue such assets, some may shy away from the Aramco deal given political tensions between their government and Saudi Arabia, according to the people. Deliberations are at an early stage, and details of the potential transaction could change, the people said.Representatives for Apollo, Aramco, Brookfield, CIC and KKR declined to comment. A spokesperson for the Silk Road Fund didn’t immediately respond to requests for comment.Aramco is lining up a loan of about $7.5 billion that will be offered to potential investors in the oil pipelines, people familiar with the matter said last week. The oil producer is seeking new sources of capital to maintain annual dividend payments of $75 billion at a time of lower crude prices. Most of those payouts go to the Saudi state, which needs the money to fund its budget.(Updates with names of potential Chinese bidders in paragraphs 2-3)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Third Avenue Management Eyes Brookfield Asset (BAM) to Perform Positively
    Insider Monkey

    Third Avenue Management Eyes Brookfield Asset (BAM) to Perform Positively

    Third Avenue Management, a disciplined, value-oriented asset manager and investment fund, published its third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 10.94% was recorded by the fund for the 3rd Quarter of 2020, ahead of its FTSE EPRA NAREIT Developed benchmark that returned 10.32%. You can view the […]

  • 15 Biggest Real Estate Companies in the World
    Insider Monkey

    15 Biggest Real Estate Companies in the World

    In this article, we are going to list the 15 biggest real estate companies in the world. Click to skip ahead and jump to the 5 biggest real estate companies in the world. The real estate industry is a big business that generates hundreds of billions of dollars of revenue annually, and there are plenty of opportunities […]