Is Brookfield stock a buy right now?
As of mid-2024, Brookfield Corporation (BN) is trading at approximately $53.65, with an average daily trading volume near 2.3 million shares—reinforcing its place as a central player on the TSX and NYSE. The past year has seen Brookfield set record financial results, notably a 15% rise in distributable earnings and a 13% increase in its quarterly dividend. Most recently, Brookfield’s asset management arm demonstrated robust fundraising momentum while the company secured major new capital commitments, including the world’s largest private infrastructure fund. Though the company faces a high traditional P/E ratio, Canadian and global analysts increasingly interpret this in the context of distributable earnings, rooted in Brookfield’s broad, asset-heavy business model. Market sentiment has been notably constructive, supported by consistent growth across asset management, investment solutions, and infrastructure. In a financial landscape still marked by macroeconomic uncertainty and evolving interest rates, Brookfield’s sturdy balance sheet—boasting $160 billion in deployable capital—provides flexibility and downside protection. The sector-wide move toward alternative assets and the company’s expansion into new geographies strengthen its appeal. According to the consensus of more than 34 national and international banks, the target price for Brookfield is $69.75, underlining strong institutional confidence in its prospects.
- Diversified revenue streams across asset management, wealth, infrastructure, and real estate.
- Record-high $160 billion in deployable capital and strong access to funding markets.
- Consistent growth in distributable earnings and increased annual dividends.
- Successful global expansion and major new fundraising records.
- Experienced management team with long-standing leadership stability.
- Complex corporate structure may challenge new investors’ understanding.
- Higher traditional P/E ratio could deter valuation-focused investors despite strong underlying earnings.
- What is Brookfield?
- How much is Brookfield stock?
- Our full analysis on Brookfield </b>stock
- How to buy Brookfield stock in Canada?
- Our 7 tips for buying Brookfield stock
- The latest news about Brookfield
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Brookfield's performance for over three years. Each month, hundreds of thousands of Canadians trust us to decipher market trends and highlight the best investment opportunities. Our analyses are meant for informational purposes only and should not be considered investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Brookfield.
What is Brookfield?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Canadian | Headquartered in Toronto, reflecting strong Canadian roots and regulatory environment. |
| 💼 Market | NYSE: BN, TSX: BN | Listed on major exchanges, ensuring broad visibility and liquidity for investors. |
| 🏛️ ISIN code | CA1125851040 | Unique identifier for Brookfield shares, useful for accurate trading and settlement. |
| 👤 CEO | Bruce Flatt | Long-tenured CEO since 2002, providing stability and experienced leadership. |
| 🏢 Market cap | $80.4 billion | Large-cap status reflects significant scale and market confidence in Brookfield's growth. |
| 📈 Revenue | $88.73 billion (TTM) | Strong, diversified revenue base across asset management, real estate, and infrastructure. |
| 💹 EBITDA | $30.46 billion (TTM) | Healthy EBITDA highlights strong operating profitability and cash generation. |
| 📊 P/E Ratio (Price/Earnings) | 173.48 | Extremely high P/E; signals reliance on distributable earnings as a key performance metric. |
How much is Brookfield stock?
The price of Brookfield stock is rising this week. As of today, Brookfield (BN) trades at $53.65, reflecting a 24-hour gain of +0.6% and a weekly increase of +2.8%. The company’s market capitalization stands at approximately $80.4 billion, with a strong 3-month average daily trading volume of about 2.1 million shares.
| Metric | Value |
|---|---|
| P/E Ratio | 173.48 |
| Dividend Yield | 0.67% |
| Beta | 1.06 |
Investors should note that while recent trends are positive, the elevated valuation and active trading volumes indicate both opportunities and significant potential for volatility in the Canadian market.
Compare the best brokers in Canada!Compare brokersOur full analysis on Brookfield stock
Brookfield Corporation (BN), after reviewing its standout 2024 financial results and analyzing the stock’s evolution over the last three years, presents a unique blend of stability and growth within the alternative asset management sector. Leveraging an array of analytical approaches—from key financial metrics and current technical signals, to up-to-date market data and peer comparisons, all synthesized through proprietary algorithms—we aim to unravel the reasons behind BN’s growing resonance among discerning Canadian investors. So, why might Brookfield stock once again become a strategic entry point into the global alternative investment sector looking ahead to 2025?
Recent Performance and Market Context
Brookfield’s share price has demonstrated notable resilience and upward momentum despite market turbulence. Trading around $53.65 as of late May 2024, BN’s 12-month trajectory reflects a healthy gain and outperformance relative to several competitors and the broader TSX Composite. Following its 2022 asset management spin-off, the stock has consolidated its new identity, especially as global markets pivoted from high inflation to an increasingly optimistic outlook for interest rates in 2025.
Recent events have further supported positive sentiment:
- Record Financial Results: 2024 saw distributable earnings jump 15% to $4.9 billion, while total distributable earnings climbed to $6.3 billion, driven by fee-related growth and robust fundraising.
- Dividend Momentum: The quarterly dividend was raised 13%, signaling confidence from management regarding future income prospects.
- Strategic Capital Position: With over $160 billion of deployable capital and $68 billion in immediate liquidity, Brookfield is well-insulated against market shocks and positioned for opportunistic deployment.
- Sector Tailwinds: As one of the most globally diversified alternative asset managers, BN stands to benefit from increasing institutional allocations to private credit, infrastructure, and renewables, all in a macro context favoring real assets amid inflation concerns and a potential shift to lower rates.
This context places Brookfield on strong footing heading into an environment increasingly supportive of real asset platforms, with secular trends favoring alternatives and infrastructure investment globally.
Technical Analysis
A blend of technical indicators demonstrates a stock transitioning toward renewed bullish potential:
- Moving Averages: The consensus is robustly positive, with short- and medium-term averages (5-, 20-, 50-day) confirming a sustained uptrend (all Buy signals). The 200-day moving average is also positive at $53.39 (Buy), slightly above the current price—often indicative of a breakout setup.
- RSI (14) at 57.02 shows neutral-to-positive momentum, suggesting the stock has room to run before hitting overbought territory.
- MACD has mildly negative bias, but this is counterbalanced by strong support from moving averages, underscoring the value of interpreting multiple signals.
- Support Levels: Strong support exists around $52.28–$52.80, providing a technical floor that may limit downside.
- Resistance: Immediate resistance at $54.00–$54.68, with a sustained close above this zone likely to attract additional institutional interest.
Short- and Medium-Term Momentum: Technical consensus tilts positive (14 bullish indicators), providing added confidence for investors seeking an entry at current levels. The structurally bullish setup suggests Brookfield’s stock may be completing a consolidation phase, primed for an upward move as catalysts materialize.
Fundamental Analysis
Brookfield’s business fundamentals remain a cornerstone supporting its valuation and long-term bullish case:
- Robust Revenue and Earnings Growth: Fiscal 2024 saw record distributable and fee-related earnings, underpinned by 18% growth in fee-bearing capital and $88.73 billion in annual revenue. The diversification across infrastructure, renewables, private credit, and real estate has insulated the company from sector-specific volatility.
- Attractive, Justifiable Valuation: While the headline P/E ratio of 173.5 may appear stretched, Brookfield’s business model means distributable earnings and fee-related metrics are more informative. The stock trades at an appealing valuation relative to the sum-of-parts potential, especially as fundraising and asset monetizations accelerate.
- Structural Competitive Advantages:
- Global leadership across multiple asset classes
- Powerful fundraising machine—over $40 billion in new flagship fund commitments in 2024 alone
- Brand strength and an exceptionally experienced management team
- Strong real estate lease performance with rents significantly above expiring contracts
- Consistent dividend growth policy, with a 13% increase in 2024
Innovation and Expansion: Ongoing new office openings in Europe and the Middle East, and expansion of wealth solutions platforms, reflect management’s commitment to long-term growth across diverse markets.
Volume and Liquidity
- Sustained Volume: Brookfield trades with high liquidity, reflecting its status as a TSX and NYSE heavyweight. The float is both deep and widely held, ensuring tight spreads and a favorable environment for both institutional and retail investors.
- Market Confidence: Consistent, above-average daily trading volume demonstrates robust investor confidence and facilitates efficient price discovery.
- Favorable Float Structure: The company’s broad institutional following and high-quality shareholder base promote dynamic, market-driven price movements, potentially amplifying upside in the event of positive catalysts.
This liquidity profile affords investors flexibility and lower friction during both acquisition and eventual exit—undoubtedly a plus compared to many peers in private and alternative assets.
Catalysts and Positive Outlook
Looking ahead, several tangible factors underpin optimism for further upside:
- Fundraising and Capital Deployment: Record $135 billion in new capital raised and $55 billion deployed in 2023 alone, positioning BN for accretive growth as deal opportunities emerge.
- New Products and Funds: High-profile launches like BIF V (the world’s largest private infrastructure fund) and BCP VI (Brookfield’s largest private equity fund to date) broaden the firm’s future revenue streams.
- Strategic Partnerships: Recent high-profile transactions—such as Entropy’s $200M investment from Canada Growth Fund and Everise’s valuation surge via new capital—solidify Brookfield’s ability to source and scale high-return assets.
- ESG and Renewable Leadership: Expanding global renewable power investments and the world’s largest infrastructure debt and transition funds give BN a prominent ESG profile, which continues to attract institutional capital inflows.
- Industry Tailwinds: Regulatory and demographic forces are fueling global interest in infrastructure, insurance solutions, and alternative credit—all areas where Brookfield maintains a leadership position.
- Interest Rate Outlook: As central banks pivot toward lower rates, the backdrop considerably benefits Brookfield’s financing and asset valuation dynamics.
Each of these catalysts, in concert, is poised to drive renewed momentum in distributable earnings, brand equity, and ultimately, share price performance.
Investment Strategies
Whether for short, medium, or long time horizons, Brookfield offers several compelling strategic entry points:
- Short-term Entry: Technical indicators suggest the stock is approaching a tactical low near $52.80 support; buyers targeting near-term rebounds may find the risk/reward attractive at these levels.
- Medium-term Positioning: With a potential technical breakout above $54.00 and multiple new funds deploying capital, the medium-term thesis centers on harvesting gains from ongoing asset launches and recurring fundraising news flow.
- Long-term Investors: BN’s diversified business lines, enormous capital capacity, and demonstrated earnings growth position it as a core alternative asset holding. The rising dividend and steady expansion across global markets underpin a durable compounding story ideally suited to investors looking to capture secular growth in real assets, infrastructure, and alternatives.
Notably, entering ahead of key catalysts—such as new fund closes, major asset sales, or regulatory changes that benefit infrastructure deployment—could provide optimal positioning for outperformance. For those seeking market downside protection alongside capital appreciation, BN’s conservative debt structure and record liquidity add a vital layer of security.
Is it the Right Time to Buy Brookfield?
A convergence of factors suggests Brookfield now stands at an inflection point ideally suited for fresh consideration:
- Key Strengths:
- Record-breaking fundraising and asset deployment momentum
- Robust diversification spanning asset management, infrastructure, renewables, credit, and real estate
- Strong technical structure with clear support and an emerging buy consensus among technical analysts
- High liquidity and a globally diversified shareholder base
- Ongoing dividend growth bolstering total shareholder return
- Experienced, visionary leadership committed to prudent risk management and innovation
Optimistic Projection: The combination of recent financial outperformance, sector tailwinds favoring alternatives and infrastructure, well-telegraphed catalysts, and continued technical strength justifies renewed investor attention. As the global macro environment tilts toward accommodative policy and heightened allocations to real assets, Brookfield is particularly well placed to deliver both income and capital appreciation.
In summary, Brookfield appears to represent an excellent opportunity for Canadian investors searching for scalable exposure to the alternative asset class with strong upside potential. The current technical setup, differentiated business model, and robust capital position all reinforce the notion that BN’s next sustained up-cycle may already be underway. For those prioritizing quality, diversification, and leadership in the alternatives sector, Brookfield warrants serious consideration as a core portfolio holding as we move into 2025 and beyond.
The interplay of positive momentum, growing distributable earnings, and strategic execution point to Brookfield's increasing appeal for both growth-oriented and defensive investors—the kind of opportunity that only surfaces in a select few Canadian-listed names at the leading edge of global financial innovation.
How to buy Brookfield stock in Canada?
Buying Brookfield Corporation (BN) shares online is both straightforward and secure when you use a regulated Canadian broker. As a retail investor, you have two main ways to buy Brookfield stock: by purchasing the shares directly (“spot buying”) or by using Contracts for Difference (CFDs), which allow you to speculate on the price without owning the underlying security. Each method has its own advantages, fees, and risk profile. To help you find the best deal for your needs, you’ll find a broker comparison further down this page.
Spot buying
A cash or spot purchase means you buy Brookfield shares outright on your chosen trading platform. You become a shareholder, benefit from any price increases, and receive dividends. For Canadian investors, the main fees are typically a fixed commission per trade; most online brokers charge between $4 and $10 per order in CAD.
Important Example
If Brookfield is trading at $53.65 CAD per share, a $1,000 investment (minus an average $5 commission) lets you buy around 18 shares ([$1,000 – $5 fee] ÷ $53.65 = ~18 shares).
Gain scenario: If Brookfield’s share price rises by 10%, your investment grows to about $1,100. Result: That’s a gross gain of $100, or +10% on your original stake.
Trading via CFD
CFDs (Contracts for Difference) allow you to trade on Brookfield’s price movements without actually owning any shares. This method is popular for short-term trading and can offer leverage, which increases both potential gains and risks. With CFDs, you typically pay a spread (the difference between buy and sell prices) and overnight financing fees if you hold positions for more than a day.
Important Example
You open a CFD position on Brookfield with $1,000 and choose 5x leverage. This means you’re exposed to $5,000 worth of shares.
Gain scenario: If Brookfield’s stock rises by 8%, your CFD position gains 40% (8% x 5). Result: You make $400 on a $1,000 initial margin (excluding fees).
Final advice
Before investing, always compare brokers’ fees, platforms, and terms—costs and conditions can vary significantly. Take time to understand each method’s specific risks and benefits. Ultimately, your choice between buying shares or trading CFDs should reflect your investment horizon, risk tolerance, and financial goals. For a detailed comparison of reputable Canadian brokers to suit your profile, see the broker comparator further down the page.
Our 7 tips for buying Brookfield stock
| 📊 Step | 📝 Specific tip for Brookfield |
|---|---|
| Analyze the market | Assess Brookfield’s diversified exposure to alternative assets, infrastructure, and real estate in both Canadian and global markets before buying. |
| Choose the right trading platform | Opt for a Canadian brokerage that provides access to TSX and NYSE listings with competitive fees for trading Brookfield shares. |
| Define your investment budget | Decide how much of your portfolio to allocate to Brookfield, considering its size, strong capital position, and role as a long-term compounder. |
| Choose a strategy (short or long term) | Consider a long-term approach to leverage Brookfield’s record fundraising, global expansion, and history of distributable earnings growth. |
| Monitor news and financial results | Stay informed on Brookfield’s quarterly earnings, dividend increases, major fundraisings, and regulatory news that could impact the business. |
| Use risk management tools | Use stop-loss orders or limit orders to manage potential downside, especially given Brookfield’s real estate exposure and sensitivity to interest rates. |
| Sell at the right time | Plan to take profits if Brookfield approaches technical resistance levels or if there are significant negative shifts in the real estate or interest rate environment. |
The latest news about Brookfield
Brookfield Corporation has reported record 2024 financial results, driven by solid growth in all major business segments and strong performance in Canada.
Distributable earnings rose 15% to $4.9 billion, and total distributable earnings for 2024 reached $6.3 billion, reflecting healthy contributions from asset management, wealth solutions, and operating businesses. Notably, the asset management arm recorded a 17% year-over-year increase in fee-related earnings, powered by successful fundraising campaigns and the continued scaling of its credit platform. These developments underscore the company’s robust market positioning and continued growth in the Canadian market, providing reassurance to investors about sustainable long-term value creation.
Brookfield is benefiting from a robust capital position, highlighted by $160 billion available for deployment and ongoing strength in capital markets access.
In 2024, the company completed approximately $135 billion in financings—including in Canada—demonstrating its resilience and strong relationships with major investors and financial institutions. With $68 billion in cash, financial assets, and undrawn credit lines, and no significant corporate debt maturities through 2025, Brookfield is particularly well-positioned to weather market volatility and seize new investment opportunities, notably in the context of a possible softening of interest rates, which Canadian analysts are monitoring closely.
Strategic partnerships in Canada have advanced Brookfield’s renewable power ambitions as the Canada Growth Fund invested C$200 million in its Entropy subsidiary.
This move, part of a broader national effort to accelerate carbon capture and clean energy infrastructure, underscores Brookfield’s leadership in Canada’s clean energy transition and enhances its credibility as a partner for both public and private stakeholders. The success of these partnerships, coupled with strong leasing activity across its Canadian office and retail portfolio, provides additional momentum for Brookfield's local operating businesses, especially at a time when commercial real estate is facing structural headwinds.
The company’s share price technicals have turned largely positive, supported by consensus ‘buy’ signals from major moving averages.
With Brookfield’s stock recently trading at $53.65 and multiple short- and medium-term moving averages indicating buying conditions, analysts note that the current environment favors accumulation. Key technical support levels around $52.80 and $52.28 strengthen the case for resilience, while overall technical sentiment, though mixed, leans toward a constructive outlook for Canadian investors seeking exposure to alternative assets and infrastructure.
Brookfield demonstrated confidence in its outlook with a 13% increase in its quarterly dividend, directly benefiting Canadian shareholders.
This marks another year of meaningful dividend growth, reflecting management’s ongoing commitment to returning value to investors and its positive outlook for future cash flows. Given Canada’s relatively low-yield environment, Brookfield’s consecutive dividend increases serve as an attractive feature for domestic investors focused on income, particularly those interested in top-tier global asset managers with deep Canadian roots and a disciplined approach to capital allocation.
FAQ
What is the latest dividend for Brookfield stock?
Brookfield stock currently pays a dividend of $0.09 per share quarterly, which was increased by 13% in 2024. The most recent dividend payment reflects an annualized rate of $0.36 per share. With a dividend yield of around 0.67%, Brookfield demonstrates a commitment to returning capital to shareholders, and its recent dividend growth signals management’s confidence in ongoing company performance.
What is the forecast for Brookfield stock in 2025, 2026, and 2027?
Based on the current price of $53.65, the projected values for Brookfield stock are: $69.75 by the end of 2025, $80.48 by the end of 2026, and $107.30 by the end of 2027. Brookfield’s global expansion, record fundraising, and diversified operations continue to drive its growth prospects, bolstered by strong capital availability and positive market sentiment in alternative asset management.
Should I sell my Brookfield shares?
Holding onto Brookfield shares may be an attractive option for long-term investors. The company boasts a resilient and diversified business model, substantial available capital, and a consistent track record of growing distributable earnings and dividends. Its strong position in alternative assets and ongoing strategic initiatives suggest potential for further mid- to long-term growth, making retention a reasonable choice for many investors.
Are dividends from Brookfield stock eligible for the Canadian dividend tax credit?
Yes, dividends paid by Brookfield Corporation generally qualify for the Canadian dividend tax credit, as Brookfield is a Canadian-based company. This means eligible shareholders can benefit from favorable tax treatment on dividends received. However, if Brookfield shares are held in tax-advantaged accounts like a TFSA or RRSP, dividends are not taxed while in the account, offering additional flexibility for Canadian investors.
What is the latest dividend for Brookfield stock?
Brookfield stock currently pays a dividend of $0.09 per share quarterly, which was increased by 13% in 2024. The most recent dividend payment reflects an annualized rate of $0.36 per share. With a dividend yield of around 0.67%, Brookfield demonstrates a commitment to returning capital to shareholders, and its recent dividend growth signals management’s confidence in ongoing company performance.
What is the forecast for Brookfield stock in 2025, 2026, and 2027?
Based on the current price of $53.65, the projected values for Brookfield stock are: $69.75 by the end of 2025, $80.48 by the end of 2026, and $107.30 by the end of 2027. Brookfield’s global expansion, record fundraising, and diversified operations continue to drive its growth prospects, bolstered by strong capital availability and positive market sentiment in alternative asset management.
Should I sell my Brookfield shares?
Holding onto Brookfield shares may be an attractive option for long-term investors. The company boasts a resilient and diversified business model, substantial available capital, and a consistent track record of growing distributable earnings and dividends. Its strong position in alternative assets and ongoing strategic initiatives suggest potential for further mid- to long-term growth, making retention a reasonable choice for many investors.
Are dividends from Brookfield stock eligible for the Canadian dividend tax credit?
Yes, dividends paid by Brookfield Corporation generally qualify for the Canadian dividend tax credit, as Brookfield is a Canadian-based company. This means eligible shareholders can benefit from favorable tax treatment on dividends received. However, if Brookfield shares are held in tax-advantaged accounts like a TFSA or RRSP, dividends are not taxed while in the account, offering additional flexibility for Canadian investors.
