NYSE:BIP - Brookfield Infrastructure Partners Stock Price, Price Target & More

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$39.17 +0.06 (+0.15 %)
(As of 06/20/2018 08:48 AM ET)
Previous Close$39.11
Today's Range$38.7505 - $39.25
52-Week Range$37.27 - $46.88
Volume270,128 shs
Average Volume312,698 shs
Market Capitalization$10.82 billion
P/E Ratio25.94
Dividend Yield4.81%
Beta0.96
Brookfield Infrastructure Partners logoBrookfield 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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.10
Quick Ratio0.10

Price-To-Earnings

Trailing P/E Ratio25.94
Forward P/E Ratio11.83
P/E Growth1.31

Sales & Book Value

Annual Sales$3.54 billion
Price / Sales3.07
Cash Flow$4.4920 per share
Price / Cash8.72
Book Value$46.58 per share
Price / Book0.84

Profitability

EPS (Most Recent Fiscal Year)$1.51
Net Income$124 million
Net Margins5.40%
Return on Equity2.31%
Return on Assets1.01%

Miscellaneous

EmployeesN/A
Outstanding Shares276,680,000

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, May 2nd. Stockholders of record on Thursday, May 31st will be paid a dividend of $0.94 per share on Friday, June 29th. This represents a $3.76 annualized dividend and a dividend yield of 9.60%. The ex-dividend date of this dividend is Wednesday, May 30th. 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 before market open on Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly created 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 announced that its board has initiated a stock repurchase program on Wednesday, November 8th 2017, which permits the company to repurchase 13,820,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its earnings results on Wednesday, May, 2nd. The utilities provider reported $0.42 EPS for the quarter, missing the Zacks' consensus estimate of $0.86 by $0.44. The utilities provider had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $946 million. Brookfield Infrastructure Partners had a return on equity of 2.31% and a net margin of 5.40%. 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 Thursday, August, 2nd 2018. View Earnings Estimates for Brookfield Infrastructure Partners.

What price target have analysts set for BIP?

8 brokers have issued 12 month target prices for Brookfield Infrastructure Partners' stock. Their forecasts range from $44.00 to $51.00. On average, they anticipate Brookfield Infrastructure Partners' stock price to reach $46.8750 in the next twelve months. 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, Chief Operating Officer (Age 44)

Has Brookfield Infrastructure Partners been receiving favorable news coverage?

Media coverage about BIP stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brookfield Infrastructure Partners earned a news impact score of 0.16 on Accern's scale. They also gave media coverage about the utilities provider an impact score of 46.66 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (2.62%), Neuberger Berman Group LLC (1.80%), The Manufacturers Life Insurance Company (1.25%), Toronto Dominion Bank (0.91%), Sentry Investments Corp. (0.84%) and Fiera Capital Corp (0.63%). View Institutional Ownership Trends for Brookfield Infrastructure Partners.

Which institutional investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Sentry Investments Corp., AGF Investments Inc., Neuberger Berman Group LLC, Atlantic Trust Group LLC, Nuveen Asset Management LLC, Franklin Resources Inc., Cannell Peter B & Co. Inc. and Shamrock Asset Management LLC. View Insider Buying and Selling for Brookfield Infrastructure Partners.

Which institutional investors are buying Brookfield Infrastructure Partners stock?

BIP stock was acquired by a variety of institutional investors in the last quarter, including CIBC World Markets Inc., The Manufacturers Life Insurance Company, Intact Investment Management Inc., Toronto Dominion Bank, CIBC Asset Management Inc, Fiera Capital Corp, Principal Financial Group Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Brookfield Infrastructure Partners.

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 $39.17.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $10.82 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.

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 (BIP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  273 (Vote Outperform)
Underperform Votes:  300 (Vote Underperform)
Total Votes:  573
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 6/20/2018 by MarketBeat.com Staff

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