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Wednesday, March 22, 2023

Analyst Expects Brookfield Asset Management Ltd. (NYSE: BAM) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Brookfield Asset Management Ltd. (BAM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 0.22%, to $31.30. The Brookfield Asset Management Ltd. has recorded 7,683 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Brookfield Asset Management Announces Strong Fourth Quarter Results.

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Stocks Info

As a NYSE listed company, BAM falls under the Financial sector while operating within the Asset Management industry segment. At the end of the last regular session, the stock closed at $31.23 and fluctuated between $31.25 as its day high and $30.24 as its day low. The current market capitalization of Brookfield Asset Management Ltd. is $13.35B. A total of 1.7 million shares were traded on the day, compared to an average of 1.91M shares.

In the most recent transaction, BROOKFIELD ASSET MANAGEMENT IN sold 970,000 shares of BAM for 24.53 per share on Dec 01. After the transaction, the now owns 12,311,712 company shares. In a previous transaction on Dec 01, BROOKFIELD ASSET MANAGEMENT IN sold 970,000 shares at 24.53 per share. BAM shares that owns now total 12,311,712.

Among the insiders who sold shares, BROOKFIELD ASSET MANAGEMENT IN disposed of 2,135,176 shares on Nov 30 at a per-share price of $24.09. This resulted in the holding 13,281,712 shares of BAM after the transaction. In another insider transaction, BROOKFIELD ASSET MANAGEMENT IN sold 2,135,176 shares at $24.09 per share on Nov 30. Company shares held by the now total 13,281,712.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Brookfield Asset Management Ltd. pays an annual dividend of $1.28, resulting in a dividend yield of 4.10%, and it has a price to earnings (P/E) ratio of 28.14. BAM’s most recent ex-dividend date was 2/27/2023 when it declared a $0.32 quarterly dividend that was paid in cash on 3/31/2023. Previously, the company paid the dividend on 12/30/2022 with an ex-dividend date of 11/29/2022. The BAM stock dividend was $0.14 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for BAM in the last 3 months, the mean price target is $36.88 with high estimates of $47.00 and low estimates of $21.00. In terms of 52-week highs and lows, BAM has a high of $36.50 and a low of $26.76.

As of this writing, BAM has an earnings estimate of $0.34 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.35 per share and a lower estimate of $0.3.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BAM is Overweight with a score of 4.50. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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