BAM Stock Recent News

Brookfield Asset Management Ltd. (BAM) Q4 2023 Earnings Call Transcript

Brookfield Asset Management (BAM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

The rally in the spot price of uranium that began in 2023 is heating up in the first month of 2024. On January 15, the spot price of uranium broke the $103 level, a 16-year high.

There aren't many companies out there like BAM that have tremendous growth prospects while also offering a dividend yield that is about double that of the S&P 500. The company has tripled its fee-bearing capital from $129 billion to $440 billion, indicating potential for increased fee-related earnings and dividends. My valuation range for BAM is estimated to be $50 to $84 billion, with the current share price falling within this range.

Brookfield Asset Management Ltd. (NYSE:BAM ) Goldman Sachs 2023 US Financial Services Conference December 6, 2023 2:20 PM ET Company Participants Bruce Flatt - CEO Conference Call Participants Alex Blostein - Goldman Sachs Alex Blostein So for our next session, it's my pleasure to introduce Bruce Flatt, CEO of Brookfield Asset Management.

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% shareholders rejected a $10.6 billion takeover proposal with private-equity firm EIG.

A seldom-referenced - but highly compelling - indicator is flashing a very bullish signal for defensive high-yield stocks. We look at this indicator more closely and explain why we think that high-yield stocks offer a very attractive risk reward in the current environment. We also share some of our top picks of the moment that offer well-covered 6-15% and growing dividend yields.

Bloomberg recently discussed how a handful of investment firms control the $1.6 trillion private credit market, including Ares Management (NYSE: ARES ) and Blackstone (NYSE: BX ).  “Private lenders have swooped into a void left by banks shying away from riskier loans amid fears of an economic slowdown.

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 Sachs U.S. Financial Services Conference on Wednesday, December 6, 2023, at 2:20 p.m. ET.

Major private equity groups are investing in the REIT sector. They are buying apartment REITs at 60-70 cents on the dollar. So am I and here's why.