The upcoming earnings report for Brookfield Asset Management Ltd. (BAM) is scheduled for Thursday, May 7th. Analysts anticipate an EPS of 0.42 for this quarter.
Brookfield Asset Management Ltd. (BAM) is currently priced at $46.41, showing a decrease of 55.01 cents (-1.17%) from the previous close at $46.96. The trading volume stands at $453,996, which is 11.16% higher than the average volume.
BAM has experienced a three-day streak of price decline, with a total absolute change of -$2.1 and a percentage change of -4.33%. The streak started at a price of $48.51.
The most recent earnings report for BAM was on Tuesday, February 3rd, with an EPS consensus estimate of 0.43.
Brookfield Asset Management Ltd. (BAM) offers a forward dividend yield of 4.33%, with a dividend per share of 50.25 cents both on a quarterly and trailing twelve months basis.
Empire Asset Management recently maintained BAM's grade at "Buy," with a price of $47.57 when published.
BAM reported a net change in cash of $519.15 million, ending the period with $1.58 billion in cash.
In the last reported period, BAM generated $1.42 billion in revenue, resulting in a net income of $568.61 million and an EPS of 36 cents.
Key ratios for BAM include a gross profit margin of 95.19%, a return on equity of 6.39%, and a price-to-earnings ratio of 37.15.
The balance sheet reflects total assets of $17.21 billion, with total liabilities standing at $6.92 billion and net debt at $2 billion.
This report provides a comprehensive overview of Brookfield Asset Management Ltd.'s current financial standing and performance in the market.
Brookfield Asset Management is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisition, early ventures, control buyouts and financially distressed, buyouts and corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. It invests in both public debt and equity markets. It invests in private equity sectors with focus on Business Services include infrastructure, healthcare, road fuel distribution and marketing, construction and real estate; Industrials include manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management and development; and Residential/ infrastructure services. It targets companies which likely possess underlying real assets, primarily in sectors such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing and forest product sectors. It invests globally with focus on North America including Brazil, the United States, Canada; Europe; and Australia; and Asia-Pacific. The firm considers equity investments in the range of $2 million to $500 million. It has a four-year investment period and a 10-year term with two one-year extensions. The firm prefers to take minority stake and majority stake. Brookfield Asset Management Inc. was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.