For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $49.88 in the prior trading day, Brookfield Corporation (NYSE: BN) closed at $50.28, up 0.80%. In other words, the price has increased by $0.80 from its previous closing price. On the day, 2.63 million shares were traded. BN stock price reached its highest trading level at $51.19 during the session, while it also had its lowest trading level at $49.575.
Ratios:
Our goal is to gain a better understanding of BN by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 5.11 whereas as Long-Term Debt/Eq ratio is at 5.11.
Credit Suisse Upgraded its Neutral to Outperform on March 20, 2023, while the target price for the stock was maintained at $41.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 10 ’24 when OCM Growth Holdings LLC sold 400,000 shares for $11.90 per share. The transaction valued at 4,760,000 led to the insider holds 10,779,668 shares of the business.
OCM Growth Holdings LLC sold 4,312,500 shares of BN for $49,593,750 on May 14 ’24. The Director now owns 11,179,668 shares after completing the transaction at $11.50 per share. On Apr 24 ’24, another insider, Oaktree Capital Group Holdings, who serves as the 10% Owner of the company, sold 7,131 shares for $21.75 each. As a result, the insider received 155,099 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BN now has a Market Capitalization of 82318417920 and an Enterprise Value of 419087319040. As of this moment, Brookfield’s Price-to-Earnings (P/E) ratio for their current fiscal year is 167.04, and their Forward P/E ratio for the next fiscal year is 10.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 1.79. Its current Enterprise Value per Revenue stands at 4.723 whereas that against EBITDA is 13.748.
Stock Price History:
The Beta on a monthly basis for BN is 1.62, which has changed by 0.22335768 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, BN has reached a high of $62.78, while it has fallen to a 52-week low of $38.18. The 50-Day Moving Average of the stock is -12.89%, while the 200-Day Moving Average is calculated to be -3.41%.
Shares Statistics:
The stock has traded on average 2.50M shares per day over the past 3-months and 4159950 shares per day over the last 10 days, according to various share statistics. A total of 1.65B shares are outstanding, with a floating share count of 1.36B. Insiders hold about 17.13% of the company’s shares, while institutions hold 56.25% stake in the company. Shares short for BN as of 1740700800 were 8764915 with a Short Ratio of 3.51, compared to 1738281600 on 6993191.
Dividends & Splits
In the trailing 12 months, BN’s forward annual dividend rate was 0.32, compared to 0.32 this year. Against a Trailing Annual Dividend Yield of 0.0064153965The stock’s 5-year Average Dividend Yield is 1.05. The current Payout Ratio is 102.80% for BN, which recently paid a dividend on 2024-12-16 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2022-12-12 when the company split stock in a 1237:1000 ratio.
