Brookfield Corporation Stock Price, News & Analysis

Brookfield Corporation (NYSE: BN, TSX: BN) has announced the reset dividend rate for its Series 42 Preference Shares for July 1, 2025 to June 30, 2030. The fixed quarterly dividends will be paid at an annual rate of 5.658% ($0.353625 per share per quarter). Shareholders can convert their Series 42 Shares to Series 43 Shares by June 16, 2025. Series 43 Shares will have quarterly floating rate dividends at 2.84% over three-month Government of Canada treasury bills yield. For July-September 2025, Series 43 dividend rate will be 5.484% annually ($0.3455675 per share). Currently, 11,887,500 Series 42 Shares are outstanding. If fewer than 1,000,000 shares remain in either series after conversion, automatic conversion rules will apply.

Brookfield Residential (BN) and Trez Capital have formed a strategic joint venture to develop Osprey Creek, a master-planned community in Polk County, Florida. Located 35 miles south of Orlando, the development will offer over 900 residential lots focused on affordable single-family homes for first-time buyers. The project represents Brookfield Residential's expansion in the Florida market and combines their development expertise with Trez Capital's investment capabilities. The community's strategic location near major transportation routes and attractions makes it attractive to young families, retirees, and professionals. The partnership aims to address Florida's growing housing demand, leveraging the state's leading position in population growth and strong market fundamentals.

Brookfield Corporation (NYSE: BN, TSX: BN) has received TSX approval to renew its normal course issuer bid to purchase up to 143,027,158 Class A Limited Voting Shares, representing 10% of its public float. The buyback program will run from May 27, 2025 to May 26, 2026 through TSX, NYSE, and alternative trading systems.

Under its previous buyback program, Brookfield purchased 22,200,979 Class A Shares at a weighted average price of US$51.20. The company believes its share price may not fully reflect its underlying value and future prospects, making the buyback an attractive investment opportunity. The maximum daily purchase limit on TSX will be 456,420 shares.

Brookfield plans to implement an automatic share purchase plan around June 16, 2025, allowing share repurchases during blackout periods.

Brookfield Corporation (NYSE: BN) reported strong Q1 2025 financial results with distributable earnings increasing 27% to $1.5 billion. Key highlights include:

• Fee-related earnings grew 26% to $698 billion, with fee-bearing capital up 20% to $549 billion • Asset management generated $684 million in distributable earnings • Wealth solutions contributed $430 million with insurance assets reaching $133 billion • Operating businesses delivered $426 million in distributable earnings • Company has repurchased $850 million of shares year-to-date • Record $165 billion of deployable capital available

The company declared a quarterly dividend of $0.09 per share, payable June 30, 2025. Notable achievements include closing a $16 billion flagship opportunistic credit fund and finalizing their fifth vintage opportunistic real estate strategy. Post-quarter, Brookfield announced acquiring a majority stake in Angel Oak, adding $18 billion in AUM.

Brookfield (NYSE: BN, TSX: BN) has scheduled its first quarter 2025 financial results conference call and webcast for Thursday, May 8, 2025 at 10:00am (ET). The company will release its Q1 2025 results prior to the call, before 7:00am (ET). The results will be accessible on Brookfield's website.

Participants have two options to join the event:

• Conference Call: Available through pre-registration with automatic dial-in number and PIN assignment
• Webcast: Accessible via online registration

A replay of the event will remain available on the webcast platform for 90 days following the presentation.

Brookfield (NYSE: BN, TSX: BN) has announced the results of its Series 38 Preferred Shares conversion opportunity. The company received conversion notices for 42,035 Series 38 Shares to be converted into Series 39 Shares. However, since this number falls below the required minimum threshold of one million shares, the conversion will not proceed. As a result, current holders of Series 38 Shares will maintain their existing positions.

Brookfield (NYSE: BN, TSX: BN) has announced the completion of its annual regulatory filings for the fiscal year 2024. The company has submitted its Form 40-F, which includes audited financial statements and management's discussion and analysis for the year ended December 31, 2024, to both the SEC on EDGAR and Canadian securities authorities on SEDAR+.

The documents are accessible on Brookfield's website, and shareholders can request free hardcopies of these materials.

Walker & Dunlop has arranged a $176 million credit facility for seven single-family rental communities in the Atlanta, Georgia MSA. The portfolio encompasses 709 homes with 1.4 million rentable square feet across prime suburban locations including McDonough, Loganville, Cartersville, Hoschton, Dallas, and Jefferson.

The properties, situated within 30-55 miles from Atlanta's central business district, feature 3-, 4-, and 5-bedroom homes with premium amenities. The financing was secured through Brookfield Asset Management's Real Estate Credit group on behalf of institutional investors advised by J.P. Morgan Asset Management.

The deal highlights the growing demand for single-family rental properties in Atlanta's suburbs, driven by population growth, job creation, and a robust local economy. Walker & Dunlop's Capital Markets group has demonstrated significant activity, sourcing over $16 billion in non-Agency capital provider transactions in 2024.

Brookfield Residential and North America Sekisui House (NASH) have expanded their strategic partnership, with NASH investing in five Brookfield Residential master-planned communities. The partnership now manages approximately $1.6 billion in U.S. real estate assets and 30,000 single family lots.

The expansion extends their portfolio to high-growth regions including Austin, Phoenix, Denver, and Northern California, complementing nine existing markets. The partnership now spans 13 markets across 11 states, covering areas that produce approximately 50% of US single family permits.

This strategic expansion strengthens their market presence in residential land development and demonstrates their commitment to creating sustainable, high-quality planned communities across the nation.