Brookfield logged a -1.5% change during today's morning session, and is now trading at a price of $60.41 per share.
Brookfield returned gains of 53.5% last year, with its stock price reaching a high of $62.78 and a low of $38.18. Over the same period, the stock outperformed the S&P 500 index by 30.4%. More recently, the company's 50-day average price was $58.65. 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. The Large-Cap Real Estate company is headquartered in Toronto, Canada. Brookfield has offered a 0.5% dividend yield over the last 12 months.
Overview of Financial Statements:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $67,826 | $62,752 | $75,731 | $92,769 | $95,924 | $23,050 |
| Net Margins | 8% | 1% | 16% | 6% | 5% | -1% |
| Net Income (M) | $5,354 | $707 | $12,388 | $5,195 | $5,105 | -$285 |
| Earnings Per Share | $1.73 | -$0.12 | $2.39 | $1.19 | $0.61 | n/a |
| Free Cash Flow (M) | -$56,330 | -$18,531 | -$52,957 | -$57,291 | $6,467 | $698 |
| Total Debt (M) | $7,083 | $9,077 | $9,963 | $11,390 | $11,552 | $12,368 |
Brookfield's Valuation Is in Line With Its Sector Averages:
Brookfield has a trailing twelve month P/E ratio of 189.2, compared to an average of 31.12 for the Real Estate sector. Based on its EPS guidance of $5.87, the company has a forward P/E ratio of 10.0. Brookfield's PEG ratio is 14.19 on the basis of the 13.3% weighted average of the company and the broader market's EPS compound average growth rates. This suggests that the company's shares are overvalued. The market is placing a fair value on Brookfield's equity, since its P/B ratio of 2.18 is comparable to its sector average of 2.15.
Analysts Give Brookfield an Average Rating of Buy:
The 8 analysts following Brookfield have set target prices ranging from $41.0 to $80.0 per share, for an average of $67.5 with a buy rating. The company is trading -10.5% away from its average target price, indicating that there is an analyst consensus of some upside potential.
The largest shareholder is Partners Value Investments LP, whose 7% stake in the company is worth $7,307,730,203.
