Brookfield Corporation (NYSE: BN) Stock Forecast: $72 Per Share In 2024 With Positive Signs

NOVA

In today’s recent session, 2.35 million shares of the Brookfield Corporation (NYSE:BN) have been traded, and its beta is 1.52. Most recently the company’s share price was $40.89, and it changed around -$0.45 or -1.09% from the last close, which brings the market valuation of the company to $67.19B. BN at last check was trading at a discount to its 52-week high of $45.11, offering almost -10.32% off that amount. The share price’s 52-week low was $28.84, which indicates that the recent value has risen by an impressive 29.47% since then. We note from Brookfield Corporation’s average daily trading volume that its 3-month average coming to 3.39 million.

Brookfield Corporation (NYSE:BN) trade information

Instantly BN has been showing red trend so far today with a performance of -1.09% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 1.92% year-to-date, but still down -1.11% over the last five days. On the other hand, Brookfield Corporation (NYSE:BN) is -8.69% down in the 30-day period.

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The consensus price target as assigned by Wall Street analysts is $55.8, which translates to bulls needing to increase their stock price by 26.72% from its current value. Analyst projections state that BN is forecast to be at a low of $41 and a high of $72.

Brookfield Corporation (BN) estimates and forecasts

Brookfield Corporation share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 2.10 percent over the past six months and at a 10.56% annual growth rate that is well above the industry average of 7.00%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -23.69%.

BN Dividends

Brookfield Corporation’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 0.73 percent and its annual dividend per share was 0.30. It is important to note, however, that the 0.73% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.