NYSE:BIP - Brookfield Infrastructure Partners Stock Price, News, & Analysis

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$39.54 -0.08 (-0.20 %)
(As of 10/21/2018 02:37 PM ET)
Previous Close$39.54
Today's Range$39.44 - $39.9510
52-Week Range$37.27 - $46.88
Volume173,463 shs
Average Volume242,689 shs
Market Capitalization$13.66 billion
P/E Ratio26.19
Dividend Yield4.75%
Beta0.95
Brookfield Infrastructure Partners L.P. engages in utility, transport, energy, and communications infrastructure businesses. The company's Utilities segment operates approximately 2,000 kilometers (km) of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; approximately 12,000 km of electricity transmission lines in North and South America; approximately 3.3 million electricity and natural gas connections in the United Kingdom and Colombia; and a port facility that exports metallurgical and thermal coal in Australia. Its Transport segment offers transportation, storage, and handling services for freight, bulk commodities, and passengers through a network of 5,500 km of track network in south of Western Australia; approximately 4,800 km of rail in South America; approximately 4,000 km of motorways in Brazil, Chile, Peru, and India; and 37 port terminals in North America, the United Kingdom, Australia, and Europe. The company's Energy segment offers energy transportation, distribution, and storage services through approximately 15,000 km of natural gas transmission pipelines; and 600 billion cubic feet of natural gas storage in the United States and Canada. This segment also provides heating, cooling, and energy solutions; and distributed natural gas, water, and wastewater services to approximately 59,000 commercial and residential customers. Its Communications Infrastructure segment offers services and critical infrastructure to the media broadcasting and telecom sectors. It has approximately 7,000 multi-purpose towers and active rooftop sites; and 5,000 km of fiber backbone located in France. Brookfield Infrastructure Partners Limited serves as the general partner of the company. Brookfield Infrastructure Partners L.P. was founded in 2007 and is based in Hamilton, Bermuda. The company is a subsidiary of Brookfield Asset Management Inc.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Water transportation
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:BIP
CUSIPN/A
Phone441-296-4480

Debt

Debt-to-Equity Ratio0.84
Current Ratio0.42
Quick Ratio0.42

Price-To-Earnings

Trailing P/E Ratio26.19
Forward P/E Ratio12.59
P/E Growth1.26

Sales & Book Value

Annual Sales$3.54 billion
Price / Sales3.86
Cash Flow$4.4830 per share
Price / Cash8.82
Book Value$46.58 per share
Price / Book0.85

Profitability

EPS (Most Recent Fiscal Year)$1.51
Net Income$124 million
Net Margins8.25%
Return on Equity3.29%
Return on Assets1.42%

Miscellaneous

EmployeesN/A
Outstanding Shares345,500,000
Market Cap$13.66 billion

Brookfield Infrastructure Partners (NYSE:BIP) Frequently Asked Questions

What is Brookfield Infrastructure Partners' stock symbol?

Brookfield Infrastructure Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "BIP."

How often does Brookfield Infrastructure Partners pay dividends? What is the dividend yield for Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners declared a quarterly dividend on Wednesday, August 1st. Shareholders of record on Friday, August 31st will be paid a dividend of $0.47 per share on Friday, September 28th. This represents a $1.88 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend is Thursday, August 30th. View Brookfield Infrastructure Partners' Dividend History.

When did Brookfield Infrastructure Partners' stock split? How did Brookfield Infrastructure Partners' stock split work?

Brookfield Infrastructure Partners's stock split on the morning of Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly issued shares were distributed to shareholders after the closing bell on Wednesday, September 14th 2016. An investor that had 100 shares of Brookfield Infrastructure Partners stock prior to the split would have 150 shares after the split.

How will Brookfield Infrastructure Partners' stock buyback program work?

Brookfield Infrastructure Partners announced that its Board of Directors has approved a stock repurchase plan on Wednesday, November 8th 2017, which allows the company to repurchase 13,820,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) issued its quarterly earnings results on Thursday, August, 2nd. The utilities provider reported $0.21 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.76 by $0.55. The utilities provider earned $1.04 billion during the quarter, compared to analyst estimates of $833 million. Brookfield Infrastructure Partners had a return on equity of 3.29% and a net margin of 8.25%. View Brookfield Infrastructure Partners' Earnings History.

When is Brookfield Infrastructure Partners' next earnings date?

Brookfield Infrastructure Partners is scheduled to release their next quarterly earnings announcement on Friday, November 2nd 2018. View Earnings Estimates for Brookfield Infrastructure Partners.

What price target have analysts set for BIP?

10 analysts have issued 12 month price targets for Brookfield Infrastructure Partners' shares. Their forecasts range from $43.00 to $51.00. On average, they anticipate Brookfield Infrastructure Partners' stock price to reach $46.8889 in the next year. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets for Brookfield Infrastructure Partners.

What is the consensus analysts' recommendation for Brookfield Infrastructure Partners?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brookfield Infrastructure Partners.

Who are some of Brookfield Infrastructure Partners' key competitors?

Who are Brookfield Infrastructure Partners' key executives?

Brookfield Infrastructure Partners' management team includes the folowing people:
  • Mr. Samuel J. B. Pollock, Chief Exec. Officer of Brookfield Asset Management (Age 52)
  • Mr. Jeffrey Wayne Kendrew MBA TechMgmt, BEng, MIPENZ, Managing Partner of Australia (Age 58)
  • Mr. Jonathan Kelly, Managing Partner & Chief Investment Officer of Brookfield Infrastructure Partners Ltd
  • Mr. Bahir Manios, Chief Financial Officer of Brookfield Asset Management (Age 39)
  • Mr. Benjamin Michael Vaughan, Sr. Managing Partner & COO (Age 45)

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Montrusco Bolton Investments Inc. (0.37%), Baskin Financial Services Inc. (0.14%), Cornerstone Wealth Management LLC (0.02%), DORCHESTER WEALTH MANAGEMENT Co (0.01%) and Raymond James Trust N.A. (0.00%).

Which major investors are buying Brookfield Infrastructure Partners stock?

BIP stock was acquired by a variety of institutional investors in the last quarter, including Montrusco Bolton Investments Inc., Cornerstone Wealth Management LLC, DORCHESTER WEALTH MANAGEMENT Co, Baskin Financial Services Inc. and Raymond James Trust N.A..

How do I buy shares of Brookfield Infrastructure Partners?

Shares of BIP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Brookfield Infrastructure Partners' stock price today?

One share of BIP stock can currently be purchased for approximately $39.54.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $13.66 billion and generates $3.54 billion in revenue each year. The utilities provider earns $124 million in net income (profit) each year or $1.51 on an earnings per share basis.

What is Brookfield Infrastructure Partners' official website?

The official website for Brookfield Infrastructure Partners is http://www.brookfieldinfrastructure.com.

How can I contact Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners' mailing address is 73 FRONT STREET, HAMILTON D0, HM12. The utilities provider can be reached via phone at 441-296-4480 or via email at [email protected]


MarketBeat Community Rating for Brookfield Infrastructure Partners (NYSE BIP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  347 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  740
MarketBeat's community ratings are surveys of what our community members think about Brookfield Infrastructure Partners and other stocks. Vote "Outperform" if you believe BIP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BIP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/21/2018 by MarketBeat.com Staff

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