Brookfield Corporation (BN)

NYSE: BN · IEX Real-Time Price · USD
40.12
-0.10 (-0.25%)
At close: Dec 29, 2023, 4:00 PM
39.83
-0.29 (-0.72%)
After-hours: Dec 29, 2023, 7:40 PM EST
-0.25%
Market Cap 62.40B
Revenue (ttm) 95.62B
Net Income (ttm) 115.00M
Shares Out 1.56B
EPS (ttm) -0.01
PE Ratio n/a
Forward PE 11.73
Dividend $0.28 (0.70%)
Ex-Dividend Date Nov 29, 2023
Volume 1,593,500
Open 39.92
Previous Close 40.22
Day's Range 39.76 - 40.22
52-Week Range 28.25 - 41.05
Beta 1.65
Analysts Buy
Price Target 44.60 (+11.17%)
Earnings Date Feb 8, 2024

About BN

Brookfield Corporation 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 acquisit... [Read more]

Sector Financials
Founded 1997
Employees 200,000
Stock Exchange NYSE
Ticker Symbol BN
Full Company Profile

Financial Performance

In 2022, Brookfield's revenue was $92.77 billion, an increase of 22.50% compared to the previous year's $75.73 billion. Earnings were $2.06 billion, a decrease of -48.16%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for BN stock is "Buy." The 12-month stock price forecast is $44.6, which is an increase of 11.17% from the latest price.

Price Target
$44.6
(11.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brookfield Corporation Update on Initiatives for 2023

BROOKFIELD, NEWS, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today released a summary of recent highlights to close out 2023, which is appended and pos...

9 days ago - GlobeNewsWire

Canada Growth Fund Announces Strategic Investment in Entropy Inc. and Carbon Credit Offtake Commitment

BROOKFIELD, NEWS, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) and Canada Growth Fund Inc. ("CGF") and Advantage Energy Ltd. (TSX: AAV) ("Advantage") today ...

Other symbols: BAM
10 days ago - GlobeNewsWire

Brookfield and Everise Announce the Successful Closure of Investment by Warburg Pincus, for the Next Phase of Growth

BROOKFIELD, NEWS, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) and Everise, a leading global healthcare services outsourcing company, announced today the su...

Other symbols: BAM
10 days ago - GlobeNewsWire

EVERISE ANNOUNCES SUCCESSFUL CLOSURE OF INVESTMENT BY WARBURG PINCUS, JOINING BROOKFIELD FOR THE NEXT PHASE OF GROWTH

NEW YORK, SINGAPORE and MUMBAI, Dec. 20, 2023 /PRNewswire/ -- Everise, a leading global healthcare services outsourcing company, announced today the successful completion of the company's previously a...

Other symbols: BAMBBU
11 days ago - PRNewsWire

Brookfield hires advisors to sell assets from Saeta worth $1.6 bln- sources

Canada's Brookfield (BN.TO) is working to sell renewable assets owned by its company Saeta Yield worth 1.5 billion euros ($1.64 billion) including debt, according to five people with knowledge of the ...

13 days ago - Reuters

Brookfield evaluating potential next steps after Origin Energy shareholders reject buyout plan

Brookfield Asset Management BAM, +2.94% BAM, +2.38% and Brookfield Renewable Partners BEP, +4.64% BEP.UT, +4.32% said they will evaluate their next steps, if any, after Origin Energy Ltd. ORG, -3.91% ...

Other symbols: BAM
27 days ago - Market Watch

Origin Energy Investors Vote Against Brookfield-Led $12.8 Billion Takover Bid

Shareholders of Australian utility Origin Energy Ltd. voted against the Brookfield Asset Management-led A$19.1 billion ($12.8 billion) takeover offer at a meeting Monday.

Other symbols: BAM
27 days ago - Bloomberg Markets and Finance

Origin investors reject Brookfield's $10.6 bln bid on proxy votes

Origin Energy's investors have rejected a $10.6 billion Brookfield-led consortium's bid for Australia's largest power retailer at a shareholder meeting on Monday.

Other symbols: BAM
4 weeks ago - Reuters

Brookfield's $10.6 billion bid for Origin EnergyOrigin Energy expected to fail on Monday

The outcome of a Brookfield consortium's $10.6 billion bid for Australia's Origin Energy will be officially known on Monday, with investors expected to vote down its year-long attempt to buy the count...

Other symbols: BAM
4 weeks ago - Reuters

Brookfield Asset Management raises $30 billion for private infrastructure investments

Brookfield Asset Management Ltd. BAM, -1.82% said Friday it drew in $30 billion in investor commitments for Brookfield Infrastructure Fund V, its flagship global infrastructure vehicle and the largest...

Other symbols: BAM
4 weeks ago - Market Watch

Brookfield Raises Record $30 Billion For Flagship Infrastructure Strategy

BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the closing of its flagship global infrastructure equity fund, Brookfield Infrastructure ...

Other symbols: BAM
4 weeks ago - GlobeNewsWire

Brookfield Launches Emerging Markets Transition Fund with Anchor Commitment from ALTÉRRA Alongside Investment in the Brookfield Global Transition Fund; Both Funds to Help Deploy Over $20 Billion in Climate Initiatives

UAE's newly launched ALTÉRRA joins forces with Brookfield to enable the creation of a multi-billion catalytic fund to accelerate global energy transition

Other symbols: BAM
4 weeks ago - GlobeNewsWire

Brookfield to consider new Australia energy policy impact if Origin bid fails

Brookfield said on Friday it would consider the implications of Australia's new green energy policy on Origin Energy before making a new offer should its $10.6 billion bid for the firm be voted down b...

Other symbols: BAM
4 weeks ago - Reuters

Brookfield Asset Management to Present at the Goldman Sachs U.S. Financial Services Conference

BROOKFIELD, NEWS, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that Bruce Flatt, Chief Executive Officer, is scheduled to present at the Goldman S...

Other symbols: BAM
4 weeks ago - GlobeNewsWire

Brookfield Corporation Announces Pricing of $700 Million Notes Offering

BROOKFIELD, NEWS, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $700 million principal amount of senio...

4 weeks ago - GlobeNewsWire

Why wealthy investors put $125 billion into this new type of private-equity fund last year

Private-equity funds aimed at wealthy individuals continue to draw in fresh capital as the universe of alternative investments grows beyond its roots serving endowments, pension funds and other instit...

Other symbols: BAMHLNEKKR
5 weeks ago - Market Watch

Brookfield Corporation Announces Credit Rating Upgrade to “A”

BROOKFIELD, NEWS, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) (“Brookfield”) today announced that it has received an upgrade to its senior unsecured debt rating from D...

5 weeks ago - GlobeNewsWire

Brookfield Expands its Operations in Germany with a New Frankfurt Office

BROOKFIELD, NEWS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the opening of its new Frankfurt office. The new office reinforces Brookfield's long-term...

Other symbols: BAM
6 weeks ago - GlobeNewsWire

Brookfield Corporation Reports Strong Third Quarter Results

Distributable Earnings of $5.0 billion for the Last Twelve Months Liquidity of Nearly $120 billion Today Retail and Wealth Flows Now Approximately $800 million Monthly; Expected to be Over $1.5 billio...

7 weeks ago - GlobeNewsWire

Proxy advisor CGI Glass Lewis backs Brookfield bid for Origin Energy

Proxy advisor CGI Glass Lewis on Thursday recommended Origin Energy shareholders vote in favour of a $10.5 billion bid from a consortium led by Canada's Brookfield , despite opposition from the target...

7 weeks ago - Reuters

Westinghouse Acquisition by Brookfield and Cameco Complete

CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--As announced earlier today, a consortium comprised of Brookfield Asset Management (NYSE: BAM, TSX: BAM), and alongside its publicly listed affiliate Brookfiel...

Other symbols: BAMBEPCCJ
7 weeks ago - Business Wire

Brookfield Asset Management Announces Strong Third Quarter Results

Strong Fundraising with $61 Billion of Capital Raised Year-to-Date; Remain on Track to Achieve Cap ital Raising Target of Close to $150 Billion

Other symbols: BAM
7 weeks ago - GlobeNewsWire

Brookfield Raises Record $6 Billion For Global Infrastructure Debt Investments

BROOKFIELD, NEWS, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the closing of its global infrastructure debt program, Brookfield Infrastructure Debt Fun...

Other symbols: BAM
2 months ago - GlobeNewsWire

Origin Energy's top shareholder rejects Brookfield's 'best and final' $10.5 bln bid

Pension fund AustralianSuper on Thursday rejected the Brookfield consortium's best and final A$16.40 billion ($10.53 billion) takeover offer for Origin Energy , saying the sweetened offer remained "su...

Other symbols: BAM
2 months ago - Reuters

Brookfield makes 'best and final' $10.5 bln bid for Australia's Origin Energy

A Brookfield consortium on Thursday lifted its bid for Australian power producer Origin Energy by 8% to A$16.40 billion ($10.49 billion), its "best and final" offer after earlier opposition from the t...

Other symbols: BAM
2 months ago - Reuters