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

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$40.46 +0.13 (+0.32 %)
(As of 03/26/2019 06:00 AM ET)
Previous Close$40.33
Today's Range$40.23 - $40.57
52-Week Range$32.26 - $42.54
Volume232,034 shs
Average Volume338,415 shs
Market Capitalization$13.98 billion
P/E Ratio68.36
Dividend Yield4.98%
Beta1.05
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The 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 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals. The 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 4,200 km of motorways in Brazil, Chile, Peru, and India; and 37 port terminals in North America, the United Kingdom, Australia, and Europe. The Energy segment offers natural gas midstream 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 and cooling services to customers, and energy solutions, as well as serves approximately 24,900 natural gas, water, and wastewater connections. In addition, the Energy segment provides water heater rental; heating, ventilation, and air conditioner rental; and other home services in Canada and the United States, as well as 270,000 contracted sub-metering services with in Canada. The Data Infrastructure segment offers services and critical infrastructure to the media broadcasting and telecom sectors; and data storage services and infrastructure to enterprise customers. The company was founded in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. is a subsidiary of Brookfield Asset Management Inc.

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Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone441-296-4480

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.65 billion
Cash Flow$4.0951 per share
Book Value$49.60 per share

Profitability

Net Income$329 million

Miscellaneous

EmployeesN/A
Market Cap$13.98 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

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, February 6th. Stockholders of record on Thursday, February 28th will be paid a dividend of $0.502 per share on Friday, March 29th. This represents a $2.01 annualized dividend and a dividend yield of 4.96%. The ex-dividend date is Wednesday, February 27th. This is a boost from Brookfield Infrastructure Partners's previous quarterly dividend of $0.47. View Brookfield Infrastructure Partners' Dividend History.

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

Shares of Brookfield Infrastructure Partners split on the morning of Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly minted shares were payable to shareholders after the market closes 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 declared that its board has authorized a stock buyback plan on Wednesday, November 8th 2017, which authorizes the company to buyback 13,820,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its shares are undervalued.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) released its quarterly earnings data on Wednesday, February, 6th. The utilities provider reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.01. The utilities provider earned $1.43 billion during the quarter, compared to analysts' expectations of $870.84 million. Brookfield Infrastructure Partners had a return on equity of 2.82% and a net margin of 7.46%. Brookfield Infrastructure Partners's revenue for the quarter was up 45.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.80 EPS. 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 Wednesday, May 1st 2019. View Earnings Estimates for Brookfield Infrastructure Partners.

What price target have analysts set for BIP?

8 equities research analysts have issued 12 month price targets for Brookfield Infrastructure Partners' stock. Their forecasts range from $41.00 to $49.00. On average, they anticipate Brookfield Infrastructure Partners' stock price to reach $45.6429 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets for Brookfield Infrastructure Partners.

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

8 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brookfield Infrastructure Partners.

Has Brookfield Infrastructure Partners been receiving favorable news coverage?

Headlines about BIP stock have been trending negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brookfield Infrastructure Partners earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Brookfield Infrastructure Partners' key competitors?

What other stocks do shareholders of Brookfield Infrastructure Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Infrastructure Partners investors own include AT&T (T), Cisco Systems (CSCO), Enterprise Products Partners (EPD), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Blackstone Group (BX), Johnson & Johnson (JNJ), Pfizer (PFE) and Walt Disney (DIS).

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 Infrastructure Group (Age 53)
  • Mr. Jeffrey Wayne Kendrew, Managing Partner of Australia (Age 59)
  • Mr. Bahir Manios, Chief Financial Officer of Brookfield Infrastructure Group (Age 40)
  • Mr. Benjamin Michael Vaughan, Chief Operating Officer of Brookfield Infrastructure Group (Age 47)
  • Mr. Jonathan Kelly, Chief Investment Officer & Head of Utilities & Data infrastructure - Brookfield Infrastructure Group (Age 36)

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (6.12%), TD Asset Management Inc. (3.15%), Principal Financial Group Inc. (2.03%), Toronto Dominion Bank (1.70%), Connor Clark & Lunn Investment Management Ltd. (1.23%) and 1832 Asset Management L.P. (1.09%).

Which major investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Fiera Capital Corp, CIBC Asset Management Inc, Ninepoint Partners LP, Bank of Nova Scotia Trust Co., Connor Clark & Lunn Investment Management Ltd., CIBC Private Wealth Group LLC and Mackenzie Financial Corp.

Which major investors are buying Brookfield Infrastructure Partners stock?

BIP stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Bank of Montreal Can, Highstreet Asset Management Inc., CI Investments Inc., Scotia Capital Inc., Beach Investment Counsel Inc. PA, Montrusco Bolton Investments Inc. and Acadian Asset Management LLC.

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 $40.46.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $13.98 billion and generates $4.65 billion in revenue each year. The utilities provider earns $329 million in net income (profit) each year or $0.59 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:  2.4 out of 5 (star star)
Outperform Votes:  385 (Vote Outperform)
Underperform Votes:  430 (Vote Underperform)
Total Votes:  815
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 3/26/2019 by MarketBeat.com Staff

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