Niall_Majury Introduction Per my May article, Brookfield Corporation (NYSE:BN) allocates capital shrewdly. Since then, a July 17 Bloomberg article discussed management changes. The 2Q24 letter to shareholders also talked about the evolution of management. My thesis is that Brookfield is preserving their culture while slowly and carefully making management transitions. Management Development And Culture Brookfield has a collaborative culture and this was laid out in the 2Q20 earnings call when CEO Bruce Flat ...

I 11000 I the The Bank IN 100 imaginima The Utilities sector is the second-highest yielding among the eleven, just after Real Estate. One of my highest-conviction picks in this sector happens to be a company rated "Sell" by Seeking Alpha's Quant system: Brookfield Renewable (NYSE:BEP) (NYSE:BEPC). While the share price has been largely flat for the past five years, with several quarters of negative earnings, I believe the company is poised to be the global leader in renewable energy. With a highly diversifi ...

J Studios/DigitalVision via Getty Images Stock Covered BIP Analyst's rating at publication STRONG BUY $31.3 Price at publication 5.24% Change 8.28% Total Return 14.79% S&P 500 change Analyst's rating history 40 Performance Assessment I initially had a bullish stance in my Inst article on Brookfield Infrastructure Partners (NYSE:BIP). Since then, the stock has lagged the S&P 500 on a total shareholder return basis: About This Article ■ o a 30 20 Analyst's full rating history s Performance since Author's Last ...

Core Viewpoint - Brookfield Infrastructure offers a diversified portfolio of mission-critical assets, providing stability and growth potential, while traditional utilities face challenges such as limited pricing power and rising debt costs [25]. Group 1: Company Overview - Brookfield Infrastructure Partners (BIP) has a significant utility exposure, with nearly 30% of its funds from operations (FFO) derived from the utility sector, including 4,200 kilometers of natural gas pipelines and 2,900 kilometers of electricity transmission lines [6][12]. - The company has a strong balance sheet with a BBB+ investment-grade rating, $1.9 billion in liquidity, and a well-structured debt maturity profile, with only 1% of asset-level debt maturing in the next 12 months [21][22]. Group 2: Financial Performance - In Q2 2024, Brookfield reported $608 million in FFO, a 10% increase year-over-year, driven by organic growth and strategic M&A activities [17][18]. - The company maintains a distribution of $0.405 per unit, representing a yield of 4.9%, with a payout ratio of 68%, consistent with its target of 60-70% [18][19]. Group 3: Growth Potential - Brookfield targets 5-9% annual distribution growth, supported by expected per unit FFO growth, and has increased its distribution by 8% annually over the past decade [19][20]. - The company has a project backlog of $7.7 billion, 15% higher than the previous year, indicating strong growth prospects [22]. Group 4: Market Position and Strategy - Brookfield is strategically positioned to benefit from global trends such as AI adoption, digitalization, and decarbonization, with assets that include data centers and telecom infrastructure [25][26]. - The company engages in high-quality acquisitions, such as increasing its stake in Brazilian logistics and acquiring data centers, which drive long-term growth [22][26]. Group 5: Valuation - BIP trades at a blended EV/EBITDA ratio of 10.9x, below its 10-year average, with expected EBITDA growth to $4.5 billion in 2025 [23][24]. - The current consensus price target for BIP is $38.30, representing a 16% upside from the current price, with potential for further appreciation if interest rates stabilize [24].

Brookfield Renewable is an income-generating machine. Brookfield Renewable (BEPC -2.35%) (BEP -2.30%) has a terrific track record of paying dividends. The leading global renewable energy producer has paid them since 2001. It has steadily grown its payout over the years (a 6% compound annual rate), including delivering at least 5% annual growth in each of the last 13 years. The renewable energy dividend stock currently offers a high dividend yield (over 5% compared to less than 1.5% for the S&P 500). Because ...

Brookfield Asset Management is reportedly seeking 9.5 billion euros ($10.6 billion) in debt financing for a potential take-private deal for Grifols SA GRFS, a Spanish pharmaceutical company. In a July regulatory filing, Grifols said that Brookfield Capital has confirmed that it has engaged in preliminary discussions with Grifols's key shareholders regarding a potential joint offer to delist the company's shares from the Spanish stock exchanges and NASDAQ. The investment firm has approached banks to secure f ...

BROOKFIELD, NEWS, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) ("Brookfield" or "the company") 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 10% of the public float of each series of the company's outstanding Class A Preference Shares that are listed on the TSX (the "Preferred Shares"). Purchases under the bid will be made on the open market through the facilities of the TSX a ...

i designer491 Brookfield Corp. (NYSE:BN) recently reported results, and we thought it was a good time to check our thesis, and in particular the insurance segment Brookfield Reinsurance (NYSE:BNRE). As a reminder, BN and BNRE are entangled because BNRE shares are exchangeable for BN shares as described here, and they have identical distributions. For this reason, when we write about BNRE we analyze the entire Brookfield Corporation, but with extra focus on the insurance segment, or as it is now called, weal ...

Nattakorn Maneerat Volatility is back. Realized volatility (volatility that happened, not priced for the next month by the VIX) has quadrupled in the last few weeks. 20-Day Realized Vol ■Nasdaq 100 =5&P 500 20 15 The Daily Shot® 2022 2023 2024 Daily Shot On Monday, the unwinding of 50% of the $1.7 trillion Yen carry trade helped fuel the worst stock day since October 2022. Volatility Index ($VIX) Jan 1990 - Aug 2024 90.0 12.7 (Mar 2020) 80.9 (Oct 2008) 80.0 @CharlieBilello 70.0 C CREATIVE PLANNING 60.0 50.0 ...

Thomas Barwick/DigitalVision via Getty Images My previous article on Brookfield Infrastructure Partners (NYSE:BIP)(TSX:BIP.UN:CA)(BIPC) was issued right after BIP circulated its Q1, 2024 financials, which provided sufficient basis of new data points for investors to remain bullish here. However, the overall thesis of having a long position in BIP boiled down to the following aspects: Relatively high organic growth through periodic revenue bumps and CPI escalators. Possibility to grow without notable relianc ...