Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
CanadaIPO:
30 December 1983Website:
http://bn.brookfield.comNext earnings report:
07 February 2025Last dividends:
12 September 2024Next dividends:
16 December 2024Price
after hours | 19 min agoAnalysts recommendations
Institutional Ownership
BN Latest News
BROOKFIELD, NEWS, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced that it has received exemptive relief from the Ontario Securities Commission from the requirement to obtain a formal valuation and minority shareholder approval in relation to the arrangement to enhance the corporate structure of Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), which was jointly announced by BN and BAM on October 31, 2024 (the “Arrangement”).
Brookfield's focus on hard assets like infrastructure, renewable energy, and logistics, combined with a proven 19% annualized return, makes it a compelling long-term investment. The company aims for 15%+ annualized returns through 2029, supported by strategic investments and a $50 billion free cash flow growth outlook. Despite a low 0.6% yield, Brookfield's diversified growth potential and attractive valuation at 15.2x earnings make it a strong pick for growth/value portfolios.
Canadian fund Brookfield plans to offer about 7 billion euros ($7.4 billion) for Spanish drugmaker Grifols after finishing due diligence, news website El Confidencial reported on Monday, citing sources close to the matter.
Brookfield Corporation (NYSE:BN ) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET Company Participants Angela Yulo - VP, IR Bruce Flatt - CEO Nick Goodman - President Conference Call Participants Mario Saric - Scotiabank Sohrab Movahedi - BMO Capital Markets Cherilyn Radbourne - TD Cowen Robert Kwan - RBC Capital Markets Dean Wilkinson - CIBC Alex Bernstein - JPMorgan Operator Hello and welcome to the Brookfield Corporation Third Quarter 2024 Conference Call and Webcast. At this time, all participants are in a listen-only mode.
BROOKFIELD, NEWS, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the quarter ended September 30, 2024.
Distributable Earnings Before Realizations Increased 19% to a Record $1.3 billion or $0.80 Per Share
I was very bullish on BEP earlier this year. However, Donald Trump's victory caused the market to initially sell off BEP units aggressively. I revisit the investment thesis in light of the recent US election results as well as BEP's recently reported Q3 results.
BROOKFIELD, News, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results for the third quarter ended September 30, 2024.
Fee-Related Earnings up 14% Year-Over-Year to $644 Million
Brookfield Corporation is a proven wealth creator with plans to continue growing value for its shareholders.
What type of business is Brookfield?
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 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 Corporation was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.
What sector is Brookfield in?
Brookfield is in the Financial Services sector
What industry is Brookfield in?
Brookfield is in the Asset Management industry
What country is Brookfield from?
Brookfield is headquartered in Canada
When did Brookfield go public?
Brookfield initial public offering (IPO) was on 30 December 1983
What is Brookfield website?
https://bn.brookfield.com
Is Brookfield in the S&P 500?
No, Brookfield is not included in the S&P 500 index
Is Brookfield in the NASDAQ 100?
No, Brookfield is not included in the NASDAQ 100 index
Is Brookfield in the Dow Jones?
No, Brookfield is not included in the Dow Jones index
When was Brookfield the previous earnings report?
No data
When does Brookfield earnings report?
The next expected earnings date for Brookfield is 07 February 2025