Brookfield Corp

Brookfield Corp. engages in the management of public and private investment products and services for institutional and retail clients. It operates through the following business segments: Renewable Power and Transition, Infrastructure, Private Equity, Real Estate, and Credit and Insurance Solutions. The Renewable Power and Transition segment involves in the provision of hydro, wind, utility-scale solar, distributed generation, storage, and other renewable technologies. The infrastructure segment operates assets in the utilities, transport, midstream, and data sectors. The Private Equity segment focuses on acquiring businesses with barriers entering an industry. The Real Estate segment includes investment in real estate properties. The Credit and Insurance Solutions segment offers investment products. The company was founded on August 1, 1997 and is headquartered in Toronto, Canada.

Earnings data Q4 2022

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Earnings data Q4 2024

Brookfield Corp reports record earnings, eyes global expansion opportunities

Brookfield Corp's Q3 2024 earnings call highlighted strong financial performance, strategic investments, and a focus on long-term wealth creation. The company's expansion into new markets and sectors, coupled with recent asset monetizations and a robust investment pipeline, underscore its growth trajectory and value creation potential.

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Brookfield Corp. engages in the management of public and private investment products and services. It operates through the following business segments: Asset Management, Renewable Power and Transition, Infrastructure, Private Equity, Real Estate and Other Alternatives. The Renewable Power and Transition segment involves the provision of hydro, wind, utility-scale solar, distributed generation, storage, and other technologies. The Infrastructure segment includes the operation of assets in the utilities, transport, midstream, and data sectors. The Private Equity segment focuses on acquiring businesses with barriers entering an industry. The company was founded in 1899 and is headquartered in Toronto, Canada.

Brookfield Corporation is undervalued according to my thesis. The valuation considerations for Brookfield include figures for interest in BAM, target carried interest, and the value of Brookfield Property Group. I believe the stock is undervalued and provide a valuation range of $49.50 to $74.18.

Brookfield Corporation Seems Undervalued

Brookfield Corporation stock trades at a significant discount relative to the sum of its individual holdings. At the same time, I see potential catalysts that could help the stock close the gap. I present an updated thesis for what is my largest position.

Brookfield Corporation: Beats Expectations And Sees Record Fundraising

Invested $50 billion and Monetized $15 billion of Assets YTD On Track to Achieve Record Inflows of Close to $150 billion in 2023 BROOKFIELD, NEWS, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced financial results for the quarter ended June 30, 2023. Nick Goodman, President of Brookfield Corporation, stated, “Financial performance was very strong during the second quarter, as our operations continued to generate stable and growing cash flows.

Brookfield Corporation Reports 21% Increase in Distributable Earnings to $4.3 billion

All amounts in U.S. dollars unless otherwise stated. BROOKFIELD, NEWS, July 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) announced today the following redemption price for the redemption of a $550 million principal amount of its Notes due April 1, 2024 co-issued by its subsidiaries, Brookfield Finance Inc. and Brookfield Finance LLC (the “Notes”) (per $1,000 principal amount), which will be completed on July 14, 2023: Redemption price: $1,000.00Accrued and unpaid interest: $11.44Total redemption price and accrued and unpaid interest: $1,011.44 Pursuant to the procedures of The Depository Trust Company (“DTC”) for partial early redemption of debt issues, the individual book entry holdings to be redeemed will be selected on a lottery basis.

Brookfield Corporation Announces Redemption Price for Notes due April 1, 2024

Brookfield's stock performance has been lackluster this year, underperforming the S&P 500, due to factors such as a decline in earnings and a string of defaults. Despite these challenges, the company's exposure to defaulted-on loans is minimal, and credit rating agencies have not downgraded Brookfield's debt due to the defaults. The company's valuation remains healthy, with potential for earnings recovery due to recent deals.

Brookfield: You Can Likely Ignore The Defaults

BROOKFIELD NEWS, July 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) will host its second quarter 2023 conference call and webcast on Thursday, August 10, 2023 at 10:00am (ET).

Brookfield Corporation to Host Second Quarter 2023 Results Conference Call

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Canadian investment firm Brookfield on Wednesday agreed to buy the remaining stake in American Equity Investment Life Holding that it did not already own, valuing the long-sought-after annuities provider at $4.3 billion.

Brookfield to buy annuities provider American Equity in $4.3 billion deal

American Equity was offered a $55 buyout from Brookfield. We look at who benefits and the likelihood of the deal getting through. We look at the best way to play this for a safe return.

American Equity: How To Play The Brookfield Buyout

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Brookfield and Brookfield Asset Management are two major investment options within the Brookfield financial empire. Brookfield Asset Management has a stronger balance sheet and faster growth, while Brookfield has a more attractive valuation. Brookfield appears to be the better investment choice due to its cheaper valuation, insider buying, and potential upside.

BN Vs. BAM: Which Brookfield Is Better?

All amounts in U.S. dollars unless otherwise stated. BROOKFIELD NEWS, June 14, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) announced today that its subsidiary, Brookfield Finance Inc., has exercised its right to redeem $550,000,000 of its senior notes due April 1, 2024 (the “Notes”) on July 14, 2023.

Brookfield Announces Redemption of $550 Million Principal Amount of 4.000% Notes due April 1, 2024

Brookfield is a large asset-heavy manager with holdings across private equity, private credit, real estate, and infrastructure. The stock has fluctuated this year and is trailing the S&P 500, although it has picked up momentum recently. This is quite likely due to a significant buyback reauthorization that will eliminate an entire 10% of the company's float over the course of the year ahead.

Brookfield: Good Buy Due To Heavy Buyback And High Free Cash Flow

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My passive income stream increased by 25.59% YoY in April 2023 and 40.02% YoY in May 2023, with a year-to-date growth of 29.99%. I have been taking advantage of high yields on money market funds and short-term treasury ETFs, transitioning about 6.5% of my total portfolio value from a 0% yield into a high-yielding position. I have been making selective reinvestments and trades to increase my passive income stream and accelerate my journey towards financial freedom.

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BROOKFIELD, NEWS, June 07, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $550 million principal amount of senior notes due 2033 (the “notes”), which will bear interest at a rate of 6.087% per annum.

Brookfield Corporation Announces Pricing of $550 Million Notes Offering

BROOKFIELD, NEWS, May 23, 2023 (GLOBE NEWSWIRE) -- Brookfield (NYSE: BN, TSX: BN) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid to purchase up to 142,042,619 Class A Limited Voting Shares (“Class A Shares”), representing 10% of the public float of Brookfield's outstanding Class A Shares. Purchases under the bid will be made on the open market through the facilities of the TSX, the New York Stock Exchange (“NYSE”), and/or alternative trading systems. The period of the normal course issuer bid will extend from May 25, 2023 to May 24, 2024, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Class A Shares purchased or such other price as may be permitted.

Brookfield Corporation Announces Renewal of Normal Course Issuer Bid

The Brookfield empire is hard to understand. BN is the head of the empire, but does not receive a lot of attention.

Brookfield Corporation: Excellent Results Prove Massive Value

Brookfield Corp. is suffering from the perception of office defaults that have little actual bearing on its valuation. In attempting to discount low-quality offices, the market discounted the entire real-estate portfolio and insurance business.

Brookfield Corp.: Once In A Decade Opportunity

Brookfield Corporation: Likely Hurt By The BAM Spin-Off.

Brookfield Corporation: Likely Hurt By The BAM Spin-Off

BROOKFIELD, NEWS, April 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE/TSX: BN) will host its first quarter 2023 conference call and webcast on Thursday, May 11, 2023 at 10:00 a.m. (ET).

Brookfield Corporation to Host First Quarter 2023 Results Conference Call

This isn't the easiest stock to understand, but it is a fantastic business.

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Brookfield Reinsurance Ltd.

BN and BNRE are trading below the estimated net asset value for Brookfield Corporation, even when ignoring the value of Brookfield Property Group. While the office and retail property assets are facing headwinds, there are reasons to believe they still hold enormous value.

Brookfield Reinsurance: Getting $33 Billion Of Real Estate Basically For Free

TORONTO, March 14, 2023 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (“PSG”), the manager of Brookfield Select Opportunities Income Fund (the “Fund”) (TSX: BSO.UN), has determined, with the Fund's trustees' consent, following a strategic review of the Fund announced on December 19, 2022, to terminate the Fund on or about April 18, 2023 (the “Termination Date”). As set out in the Fund's declaration of trust, the Manager may terminate the Fund upon not less than 30 days' notice to unitholders of the Fund (the “Unitholders”) by way of a press release.

Brookfield Select Opportunities Income Fund to be Wound Up

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Why We Prefer Brookfield Asset Management Over Blackstone

News for Brookfield Corp Stock (BN)