There’s No Need To Panic Or Freeze When It Comes To Brookfield Corporation (NYSE: BN)

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. The stock was recently discussed on Yahoo Finance as it revealed that Brookfield Announces Reset Dividend Rate on its Series 34 Preference Shares.

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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 $42.09 and fluctuated between $42.33 as its day high and $41.72 as its day low. The current market capitalization of Brookfield Corporation is $69.02B. A total of 1.14 million shares were traded on the day, compared to an average of 2.58M 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 dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Brookfield Corporation pays an annual dividend of $0.29, resulting in a dividend yield of 0.69%, and it has a price to earnings (P/E) ratio of 68.80. 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.

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. In terms of 52-week highs and lows, BN has a high of $42.64 and a low of $28.25.

As of this writing, BN has an earnings estimate of $1.09 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 $1.05. 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

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. 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

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, 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.

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