Brookfield Asset Management Ltd. (TSX: BAM)

Canada flag Canada · Delayed Price · Currency is CAD
55.00
+0.58 (1.07%)
May 17, 2024, 4:00 PM EDT
29.78%
Market Cap 21.46B
Revenue (ttm) 2.77B
Net Income (ttm) 1.73B
Shares Out 441.97M
EPS (ttm) 4.35
PE Ratio 12.63
Forward PE 27.55
Dividend 1.44 (2.62%)
Ex-Dividend Date Jun 13, 2024
Volume 338,970
Open 54.49
Previous Close 54.42
Day's Range 53.98 - 55.03
52-Week Range 39.38 - 58.19
Beta n/a
Analysts n/a
Price Target 56.05 (+1.91%)
Earnings Date Aug 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]

Sector Financials
CEO James Bruce Flatt
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol BAM
Full Company Profile

Financial Performance

In 2023, BAM's revenue was $383.00 million, a decrease of -89.44% compared to the previous year's $3.63 billion. Earnings were $449.00 million, an increase of 2263.16%.

Financial numbers in USD Financial Statements

News

Brookfield set to invest $500M in Indian renewable power firm - Bloomberg

Brookfield Asset Management intends to invest $500M in Leap Green Energy, an Indian renewable power firm, to help expand its wind energy capacity in India.

3 days ago - Seeking Alpha

Brookfield Plans to Invest $500 Million in Leap Green

Brookfield Asset Management Ltd. is planning to invest about $500 million for a majority stake in Indian renewable power firm Leap Green Energy Ltd., according to people familiar with the matter.

3 days ago - Financial Post

Brookfield Corp profit climbs as CEO predicts more deals incoming

Chief executive Bruce Flatt said the market for dealmaking is more 'stable and constructive' than it has been for the past two years

10 days ago - Financial Post

Brookfield Corp. Profit Rises as Flatt Sees Deals Picking Up

Brookfield Corp. posted a 5% increase in distributable earnings, beating analysts’ estimates, as higher profits in its insurance business helped offset a soft patch for Brookfield Asset Management.

11 days ago - Financial Post

Brookfield Corporation Reports Strong First Quarter Results

Record $150 billion of Deployable Capital Today Distributable Earnings of $4.9 billion and Net Income of $5.2 billion  for the Last Twelve Months BROOKFIELD, NEWS, May 09, 2024 (GLOBE NEWSWIRE) -- Bro...

11 days ago - GlobeNewsWire

Brookfield Asset Management Profit Falls in First Since Spinout

Brookfield Asset Management reported its first quarterly decline in profit since it spun out of its parent company amid a drop in fees from some permanent capital vehicles.

12 days ago - Financial Post

Brookfield Asset Management Sees Profit Drop in First Quarter

Brookfield Asset Management reported a decline in first-quarter profits but notched growth in its fee-related earnings.

12 days ago - BNN Bloomberg

Brookfield Asset Management Announces Strong First Quarter Results

Insurance Flows and Castlelake Add $75 Billion of AUM Since Quarter End $106 Billion of Dry Powder Available to Invest BROOKFIELD, NEWS, May 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Lt...

12 days ago - GlobeNewsWire

Brookfield Buys Stake in Private Debt Firm Castlelake’s Fees

Brookfield Asset Management struck a partnership with Castlelake LP to get a majority share of the private debt firm’s fee-related earnings, another move in the Canadian investing giant’s effort to gr...

14 days ago - BNN Bloomberg

Inflation was last year's story, says Brookfield CEO Bruce Flatt

Bruce Flatt, Brookfield Asset Management CEO, joins 'Money Movers' to discuss the state of the economy, the Fed, and commercial real estate.

14 days ago - CNBC

Scout Clean Energy Closes $100 Million Equipment Supply Loan

Facility supports construction of multiple projects in the pipeline BOULDER, Colo. , May 6, 2024 /PRNewswire/ -- Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, i...

14 days ago - PRNewsWire

Brookfield Asset Management and Castlelake to Enter into Strategic Partnership

BROOKFIELD NEWS, May 06, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM , TSX: BAM) ("Brookfield") and Castlelake L.P. ("Castlelake"), an alternatives asset manager specializing in a...

14 days ago - Benzinga

Brookfield Asset (BAM) stock price analysis and earnings preview

Brookfield Asset Management (NYSE: BAM) stock price has pulled back after soaring to a record high in March as investors waited for the upcoming earnings. After peaking at $42.97 in March, it has retr...

16 days ago - Invezz

Buy Brookfield Corporation Before Earnings

17 days ago - Seeking Alpha

SVB Financial Group Enters into Definitive Agreement for the Sale of SVB Capital

Pinegrove Affiliate to Acquire SVB Capital SVB Capital and Pinegrove to Operate Independently with Common Sponsorship and Shared Mission to Serve the Venture Ecosystem SAN FRANCISCO , May 2, 2024 /PRN...

17 days ago - PRNewsWire

Microsoft's Renewable Energy Leap: A Game Changer?

Brookfield Asset Management Ltd (NYSE: BAM), Brookfield Renewable Partners LP (NYSE: BEP), and Microsoft Corp (NASDAQ: MSFT) have reached a global renewable energy framework agreement . Under the t...

19 days ago - Benzinga

Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers

Microsoft and Brookfield Asset Management will develop 10.5 gigawatts of renewable energy, in a deal they describe as the largest of its kind.

19 days ago - CNBC

Microsoft Strikes Major Renewable Power Deal With Brookfield

Microsoft Corp. agreed a major long-term deal with the green energy arm of Brookfield Asset Management to supply power to the software giant as it ramps up investment in artificial intelligence.

19 days ago - Financial Post

Microsoft Strikes Renewable Power Deal With Brookfield

Microsoft Corp. agreed a major long-term deal with the green energy arm of Brookfield Asset Management to supply power to the software giant as it ramps up investment in artificial intelligence.

19 days ago - BNN Bloomberg

Microsoft signs renewable energy deal with Brookfield, 10.5 gigawatts capacity to likely cost $10 B

On Wednesday, tech giant Microsoft and Brookfield Asset Management of Canada announced plans to develop new solar and wind farms to bring over 10.5 gigawatts of new renewable energy capacity. This dea...

19 days ago - Invezz