Brookfield Asset Management Stock Dips Below $55, Dividend Yield Hits 3.3%
Written by Emily J. Thompson, Senior Investment Analyst
Source: Fool
- Increased Dividend Yield: Brookfield Asset Management's dividend yield has risen to 3.3%, which is three times higher than the S&P 500's 1.1%, attracting more income-seeking investors.
- Significant Revenue Growth: Over the past 12 months, Brookfield's fee-related earnings have increased by 19% to $1.72 per share, demonstrating strong performance and demand in the alternative investment sector.
- Strategic Investment Expansion: The company acquired the remaining 26% interest in Oaktree for approximately $1.6 billion and majority interest in Angel Oak, further strengthening its market position in alternative asset management.
- Future Growth Potential: Brookfield anticipates achieving over 20% annual earnings growth over the next five years, particularly through strategies targeting individual investors and AI infrastructure, which will significantly boost its AUM and earnings.
BAM
$53.48+Infinity%1D
Analyst Views on BAM
Wall Street analysts forecast BAM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAM is 65.16 USD with a low forecast of 57.85 USD and a high forecast of 75.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
3 Buy
6 Hold
1 Sell
Hold
Current: 53.130
Low
57.85
Averages
65.16
High
75.80
Current: 53.130
Low
57.85
Averages
65.16
High
75.80
About BAM
Brookfield Asset Management Ltd. is a global alternative asset manager. The Company invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Its products have three categories, which include long-term private funds, permanent capital vehicles and perpetual strategies, and liquid strategies. These are invested across five principal strategies: renewable power and transition, infrastructure, real estate, private equity, and credit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
