With 1.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.03 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $48.0348 whereas the lowest price it dropped to was $47.02. The 52-week range on BAM shows that it touched its highest point at $47.74 and its lowest point at $28.35 during that stretch. It currently has a 1-year price target of $43.68. With its current market cap of 19.73 billion, BAM has annualized dividend of $1.46 while the current yield stands at 3.10%. Beta for the stock currently stands at 1.52.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BAM was down-trending over the past week, with a drop of -1.26%, but this was up by 12.44% over a month. Three-month performance surged to 23.33% while six-month performance rose 12.68%. The stock gained 39.89% in the past year, while it has gained 17.25% so far this year. A look at the trailing 12-month EPS for BAM yields 1.11 with Next year EPS estimates of 1.66. For the next quarter, that number is 0.36. This implies an EPS growth rate of 2.88% for this year and 18.12% for next year.
Float and Shares Shorts:
At present, 388.73 million BAM shares are outstanding with a float of 350.37 million shares on hand for trading. On 2024-09-13, short shares totaled 10.48 million, which was 250.0 higher than short shares on 1723680000. In addition to Mr. Mark Joseph Carney FPC, MPC, PRC as the firm’s Chair of Board & Head of Transition Investing, Mr. James Bruce Flatt serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.69803 of BAM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, BAM reported revenue of $916000000.0 and operating income of $548000000.0. The EBITDA in the recently reported quarter was $665000000.0 and diluted EPS was $0.3.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BAM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
