Brookfield (NYSE:BN – Free Report) had its price target boosted by National Bank Financial from $58.00 to $60.00 in a research report report published on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.
BN has been the subject of several other reports. JPMorgan Chase & Co. boosted their target price on shares of Brookfield from $60.00 to $62.00 and gave the stock an “overweight” rating in a research report on Tuesday. Scotiabank reissued an “outperform” rating and set a $53.00 target price (up from $48.50) on shares of Brookfield in a research report on Friday. Wall Street Zen upgraded shares of Brookfield from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. BMO Capital Markets upped their price target on shares of Brookfield from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $61.00 target price (up from $60.00) on shares of Brookfield in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $56.40.
Get Our Latest Analysis on Brookfield
Brookfield Trading Down 4.3%
Brookfield (NYSE:BN – Get Free Report) last posted its earnings results on Thursday, February 12th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. Brookfield had a net margin of 1.76% and a return on equity of 3.87%. As a group, equities research analysts expect that Brookfield will post 2.94 EPS for the current fiscal year.
Brookfield Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. Brookfield’s dividend payout ratio (DPR) is 57.14%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of BN. MCF Advisors LLC purchased a new position in Brookfield in the fourth quarter worth about $26,000. Quattro Advisors LLC purchased a new position in Brookfield in the fourth quarter worth about $26,000. First Horizon Corp purchased a new position in Brookfield in the third quarter worth about $40,000. Exchange Traded Concepts LLC purchased a new position in Brookfield in the fourth quarter worth about $27,000. Finally, Truvestments Capital LLC raised its holdings in Brookfield by 49.9% in the fourth quarter. Truvestments Capital LLC now owns 640 shares of the company’s stock worth $29,000 after buying an additional 213 shares during the last quarter. 61.60% of the stock is owned by hedge funds and other institutional investors.
Key Brookfield News
Here are the key news stories impacting Brookfield this week:
- Positive Sentiment: Scotiabank and National Bank Financial both raised their price targets on Brookfield, keeping bullish ratings in place and signaling more upside from current levels. BayStreet.CA analyst ratings
- Positive Sentiment: Brookfield’s first-quarter results showed strong distributable earnings growth, with the company also highlighting heavy share repurchases and continued expansion of its insurance and wealth platforms. Brookfield Corporation Reports Strong First Quarter Results
- Positive Sentiment: The company disclosed a roughly $1 billion to $2 billion stake in SpaceX ahead of a possible IPO, which could be viewed as a valuable private-market investment and a potential catalyst if SpaceX eventually goes public. Brookfield Reveals $2 Billion SpaceX Stake Ahead Of Possible IPO
- Neutral Sentiment: Brookfield announced a C$750 million debt offering and a quarterly dividend, both of which are routine financing and capital-return updates rather than immediate earnings drivers. Brookfield Corporation Announces C$750M Debt Offering Pricing
- Negative Sentiment: The main drag on sentiment is that Brookfield’s reported Q1 EPS came in slightly below expectations, which may be prompting some profit-taking despite otherwise solid operating trends. Brookfield Corporation Q1 2026 Earnings Call Transcript
About Brookfield
Brookfield Corporation (NYSE:BN) is a global alternative asset manager that specializes in real assets. The company invests in and operates businesses across real estate, infrastructure, renewable power and energy, private equity and credit. Its activities span both ownership and active management of physical assets as well as the operation of investment funds and vehicles that provide institutional and retail investors access to long?lived, cash?generating assets.
Brookfield’s services include asset management, direct investing, property development and the operation of infrastructure and energy businesses.
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