Now trading at a price of $65.64, Series has moved 1.9% so far today.
Series returned gains of 41.5% last year, with its stock price reaching a high of $68.75 and a low of $43.61. Over the same period, the stock outperformed the S&P 500 index by 24.2%. More recently, the company's 50-day average price was $62.84. 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. Based in Toronto, Canada, the Large-Cap Real Estate company has 250,000 full time employees. Series has offered a 0.5% dividend yield over the last 12 months.
A Declining EPS Growth Trend and Negative Cash Flows:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $67,826 | $62,752 | $75,731 | $92,769 | $95,924 | $86,006 |
| Net Margins | 8% | 1% | 16% | 6% | 5% | 2% |
| Net Income (M) | $5,354 | $707 | $12,388 | $5,195 | $5,105 | $1,853 |
| Earnings Per Share | $1.73 | -$0.12 | $2.39 | $1.19 | $0.61 | $0.31 |
| EPS Growth | n/a | -106.94% | 2091.67% | -50.21% | -48.74% | -49.18% |
| Free Cash Flow (M) | -$56,330 | -$18,531 | -$52,957 | -$57,291 | $6,467 | $7,569 |
| Total Debt (M) | $7,083 | $9,077 | $9,963 | $11,390 | $11,552 | $12,368 |
Series's Valuation Is in Line With Its Sector Averages:
Series has a trailing twelve month P/E ratio of 142.8, compared to an average of 27.31 for the Real Estate sector. Based on its EPS guidance of $5.87, the company has a forward P/E ratio of 10.7. Series's PEG ratio is 10.71 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. Furthermore, Series is likely overvalued compared to the book value of its equity, since its P/B ratio of 2.31 is higher than the sector average of 1.94.
Series Has an Average Rating of Buy:
The 8 analysts following Series have set target prices ranging from $48.0 to $83.0 per share, for an average of $72.88 with a buy rating. The company is trading -9.9% 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 $7,938,928,915.
