Brookfield Corporation (NYSE:BN) has a beta value of 1.54 and has seen 5.28 million shares traded in the recent trading session. The company, currently valued at $72.75B, closed the recent trade at $48.25 per share which meant it gained $0.33 on the day or 0.69% during that session. The BN stock price is -4.58% off its 52-week high price of $50.46 and 40.23% above the 52-week low of $28.84. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.94 million shares traded. The 3-month trading volume is 3.63 million shares.
The consensus among analysts is that Brookfield Corporation (BN) is Buy stock at the moment, with a recommendation rating of 1.89. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.08.
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Brookfield Corporation (NYSE:BN) trade information
Sporting 0.69% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BN stock price touched $48.25 or saw a rise of 4.38%. Year-to-date, Brookfield Corporation shares have moved 20.26%, while the 5-day performance has seen it change -3.11%. Over the past 30 days, the shares of Brookfield Corporation (NYSE:BN) have changed 10.24%. Short interest in the company has seen 10.34 million shares shorted with days to cover at 2.77.
Wall Street analysts have a consensus price target for the stock at $56, which means that the shares’ value could jump 13.84% from the levels at last check today. The projected low price target is $41.0 while the price target rests at a high of $72.0. In that case, then, we find that the latest price level in today’s session is -49.22% off the targeted high while a plunge would see the stock lose 15.03% from the levels at last check today.
Brookfield Corporation (BN) estimates and forecasts
Figures show that Brookfield Corporation shares have outperformed across the wider relevant industry. The company’s shares have gained 16.97% over the past 6 months, with this year growth rate of 26.73%, compared to 6.70% for the industry. Revenue growth from the last financial year stood is estimated to be -94.70%.
1 analysts offering their estimates for the company have set an average revenue estimate of 1.71B for the current quarter. 1 have an estimated revenue figure of 1.85B for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -23.69% over the past 5 years.
BN Dividends
Brookfield Corporation is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.30 at a share yield of 0.62%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.11%.
Brookfield Corporation (NYSE:BN)’s Major holders
The top two institutional holders are PARTNERS VALUE INVESTMENTS LP with over 120.97 million shares worth more than $5.03 billion. As of 2024-06-30, PARTNERS VALUE INVESTMENTS LP held 7.9648% of shares outstanding.
The other major institutional holder is ROYAL BANK OF CANADA, with the holding of over 90.6 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.76 billion and represent 5.9651% of shares outstanding.
