Is Brookfield Corporation (NYSE: BN) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Brookfield Announces Reset Dividend Rate on its Series 34 Preference Shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Asset Management industry segment, falling under the Financial sector. The current market capitalization of Brookfield Corporation is $68.24B. A total of 2.73 million shares were traded on the day, compared to an average of 2.52M shares.

In the most recent transaction, BCP GP Ltd sold 3,922,786 shares of BN for 2.20 per share on Jan 02 ’24. After the transaction, the Former 10% Owner now owns 23,352,826 company shares. In a previous transaction on Dec 29 ’23, BCP GP Ltd sold 129,022 shares at 2.22 per share. BN shares that 10% Owner owns now total 27,275,612.

Among the insiders who sold shares, BCP GP Ltd disposed of 382,682 shares on Dec 28 ’23 at a per-share price of $2.23. This resulted in the 10% Owner holding 27,404,634 shares of BN after the transaction. In another insider transaction, BCP GP Ltd sold 419,324 shares at $2.12 per share on Dec 27 ’23. Company shares held by the 10% Owner now total 27,787,316.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Brookfield Corporation pays an annual dividend of $0.21, resulting in a dividend yield of 0.50%, and it has a price to earnings (P/E) ratio of 68.01. BN’s most recent ex-dividend date was 3/12/2024 when it declared a $0.08 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 11/29/2023. The BN stock dividend was $0.07 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, BN has a high of $42.26 and a low of $28.25.

As of this writing, BN has an earnings estimate of $1.1 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.19 per share and a lower estimate of $1.06. The company reported an EPS of $0.98 in the last quarter, which was 6.50% higher than expectations of $0.92.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. BN’s latest balance sheet shows that the firm has $19.66B in Cash & Short Term Investments as of fiscal 2021. There were $175.93B in debt and $65.08B in liabilities at the time. Its Book Value Per Share was $25.90, while its Total Shareholder’s Equity was $134.74B.

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, 0 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 BN is Buy with a score of 4.38.

Most Popular

Related Posts