After Hours
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. After-hours trades for Brookfield Asset Management Ltd. (BAM) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.15, or -0.45%, to $33.30. The Brookfield Asset Management Ltd. has recorded 31,182 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted CLARIOS ANNOUNCES PRICING OF UPSIZED PRIVATE OFFERING OF $750 MILLION 6.750% SENIOR SECURED NOTES DUE 2028 AND UPSIZED $2.75 BILLION TERM LOAN FACILITY MATURING 2030.
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Stocks Info
The company is listed on the NYSE and operates within the Asset Management industry segment. At the end of the last regular session, the stock closed at $33.45 and fluctuated between $33.97 as its day high and $33.41 as its day low. The current market capitalization of Brookfield Asset Management Ltd. is $13.66B. A total of 0.74 million shares were traded on the day, compared to an average of 1.78M shares.
In the most recent transaction, Brookfield Multi-Strategy Mast sold 50,256 shares of BAM for 11.94 per share on Mar 29. After the transaction, the Director now owns 21,054,667 company shares. In a previous transaction on Mar 28, Brookfield Multi-Strategy Mast sold 24,744 shares at 11.96 per share. BAM shares that Director owns now total 21,104,923.
Among the insiders who sold shares, BROOKFIELD ASSET MANAGEMENT IN disposed of 970,000 shares on Dec 01 at a per-share price of $24.53. This resulted in the holding 12,311,712 shares of BAM after the transaction. In another insider transaction, BROOKFIELD ASSET MANAGEMENT IN sold 970,000 shares at $24.53 per share on Dec 01. Company shares held by the now total 12,311,712.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Brookfield Asset Management Ltd. pays an annual dividend of $1.28, resulting in a dividend yield of 3.83%, and it has a price to earnings (P/E) ratio of 7.20. 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.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for BAM in the last 3 months, the mean price target is $37.00 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 $0.32 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.34 per share and a lower estimate of $0.31.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. BAM’s latest balance sheet shows that the firm has $2.49B in Cash & Short Term Investments as of fiscal 2021. There were $461.00M in debt and $10.54B in liabilities at the time. Its Book Value Per Share was $21.54, while its Total Shareholder’s Equity was $14.40B.
Analysts Opinion
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. 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 4.00. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.
