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Brookfield Reinsurance (BNRE-T)
TSE:BNRE
63.93
0.75
(1.16%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 2 opinions in the last 12 months.
Brookfield Reinsurance has been noted as the top reinsurance company in the property & casualty business but is considered expensive, particularly in Canada. The company has seen significant growth since a major change in 2023, with returns primarily reflected in the share price due to minimal dividends. While the business is well-regarded, concerns about high valuation persist, leading to hesitation in ownership. The stock is currently in a consolidation pattern, suggesting potential for continued success in the future.
$60.080
No
It's done extremely well since the company made a major change in 2023 and has exceeded expectations. Almost no dividend, so returns are in the share price. This will continue to do well though now in a consolidation pattern. Good to own.
Unfortunately, Brookfield is looking like the old Brascan empire, a plate of spaghetti, where they spin off all these entities, then buy them back and it's hard to keep track of how many there are. That said, BAM and BN-T are grossly undervalued. The market is overreacting to the impact of commercial real estate BN-T, in particular. Do the swap.
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Brookfield Reinsurance(BNRE-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
Brookfield Reinsurance(BNRE-T) Frequently Asked Questions
What is Brookfield Reinsurance stock symbol?
Brookfield Reinsurance is a Canadian stock, trading under the symbol BNRE-T on the Toronto Stock Exchange (BNRE-CT). It is usually referred to as TSX:BNRE or BNRE-T
Is Brookfield Reinsurance a buy or a sell?
In the last year, 3 stock analysts published opinions about BNRE-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Brookfield Reinsurance.
Is Brookfield Reinsurance a good investment or a top pick?
Brookfield Reinsurance was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Brookfield Reinsurance.
Why is Brookfield Reinsurance stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Brookfield Reinsurance worth watching?
3 stock analysts on Stockchase covered Brookfield Reinsurance In the last year. It is a trending stock that is worth watching.
What is Brookfield Reinsurance stock price?
On 2024-09-05, Brookfield Reinsurance (BNRE-T) stock closed at a price of $63.93.
All reinsurance in property & casualty business. Really expensive in Canada. IFC is the monster, DFY is a newer entrant. He owns none of them. Likes the business, but valuation is too high.