How to Buy Brookfield Asset Management Stock
Brookfield Asset Management Ltd
Brookfield Asset Management is a asset management company located in Ontario, Canada, which is part of the Financial Services sector, and is traded under the ticker BAM on the NYSE exchange.
Brookfield Asset Management stock last closed at $48.59, up 1.25% from the previous day, and has increased 24.49% in one year. It has overperformed other stocks in the Asset Management industry by 0.32 percentage points. Brookfield Asset Management stock is currently +30.3% from its 52-week low of $37.29, and -22.39% from its 52-week high of $62.61.
There are currently 1.64B BAM shares outstanding. The market cap of BAM is $79.56B. In the last 24 hours, 1.22M BAM shares were traded.
How to Buy Brookfield Asset Management Stock
Not sure how to invest in Brookfield Asset Management stock? Here's how.
- Choose where to buy Brookfield Asset Management stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Brookfield Asset Management stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your details.
- Research Brookfield Asset Management stock: The Brookfield Asset Management ticker symbol is BAM. Is Brookfield Asset Management stock a good investment? Should you buy shares of BAM? How do BAM's underlying business fundamentals look? Do top analysts think Brookfield Asset Management is a good buy? Why has BAM's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if BAM is a good stock to buy).
- Make your BAM purchase: Decide if you will purchase BAM shares at the current market price or use a limit order to buy BAM shares at a given price.
- Get notifications regarding your BAM position: Create a watchlist to important updates regarding your investment in Brookfield Asset Management shares.
Step 1: Choose where to buy Brookfield Asset Management stock
You need a brokerage account in order to access the NYSE market and buy BAM stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to buy BAM today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on stock apps to use, you can securely and quickly fund your account:
Watch the video below if you need help transferring funds into your brokerage account.
Step 4: Research Brookfield Asset Management stock
Once you have selected the best place to buy Brookfield Asset Management stock, it's very important to evaluate their stock before you invest, so you can wrap your head around the risk as well as the opportunity.
Brookfield Asset Management shares quick numbers
BAM Overview
WallStreetZen was designed to help average investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on BAM's stock page.
How is BAM stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BAM's true value.
Using relative valuations metrics:
- BAM may be overvalued based on its P/B ratio of 9.09x, relative to Asset Management industry P/B ratio of 2.52x
You can do more valuation research on BAM's stock here.
Is BAM a healthy company?
Positive Financial Indicators:
- BAM earnings of $2.42B is not enough to cover its interest payments.
- BAM has a low debt to equity ratio of 0.34.
- BAM's operating cash flow of $1.86B allows it to safely service it's debt of $479.00M.
- BAM profit margin has gone up from 45.3% to 54.5% in the past year.
Is it a good time to buy Brookfield Asset Management stock, according to analysts?
Out of 8 Equities analysts who track BAM, the consensus analyst rating on BAM is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest BAM Analyst Forecasts
Alexander Blostein, a top 5% analyst from Goldman Sachs maintains BAM with a strong buy rating and raises their BAM price target from $57.00 to $63.00, on Nov 19, 2024.
Brian Bedell, a top 4% analyst from Deutsche Bank maintains BAM with a strong buy rating and raises their BAM price target from $56.00 to $59.00, on Nov 11, 2024.
Sohrab Movahedi, a top 24% analyst from BMO Capital maintains BAM with a hold rating and raises their BAM price target from $40.00 to $50.00, on Nov 5, 2024.
Robert Kwan, a top 46% analyst from RBC Capital maintains BAM with a buy rating and raises their BAM price target from $55.00 to $68.00, on Nov 5, 2024.
You can dig deeper into what analysts are forecasting on the Brookfield Asset Management stock forecast page.
BAM Technicals
Is BAM Growing Revenue?
Last year, BAM revenue was $3.98B. Over the last 5 year, BAM's revenue has increased by 12.87% per year. This was slower than the Asset Management industry average of 16.79%.
Find out more about BAM's earnings and revenue performance here.
Are BAM executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at BAM have not bought or sold any shares.
Research more about who owns BAM shares here.
Does BAM stock generate passive income?
Brookfield Asset Management pays a dividend of 2.18%, compared to the Asset Management industry's average dividend yield of 6.84%. If you owned $1,000 of BAM stock, you would have been paid $21.82 in the past 12 months.
Find more data about Brookfield Asset Management dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your BAM purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open button and eToro will place the order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your BAM position
Now that you own some BAM stock, you'll want to stay up-to-date on your new company.
Start a watchlist to get notified of the latest news about your BAM stock.
BAM Feed
How to Buy Stock in Brookfield Asset Management
To summarize, here are the 6 steps to buy stock in Brookfield Asset Management:
- Choose where to buy Brookfield Asset Management stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research Brookfield Asset Management stock
- Make your BAM purchase
- Get notifications regarding your BAM position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Brookfield Asset Management, get started below.
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