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Brookfield Infrastructure Partners (BIP) Stock Price, News & Analysis

$31.20
+0.24 (+0.78%)
(As of 04:27 PM ET)
Today's Range
$30.68
$31.72
50-Day Range
$26.97
$31.52
52-Week Range
$21.03
$36.20
Volume
288,187 shs
Average Volume
483,501 shs
Market Capitalization
$14.47 billion
P/E Ratio
100.65
Dividend Yield
5.19%
Price Target
$38.20

Brookfield Infrastructure Partners MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
22.0% Upside
$38.20 Price Target
Short Interest
Healthy
0.39% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.62
Upright™ Environmental Score
News Sentiment
1.56mentions of Brookfield Infrastructure Partners in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.36%
From $3.23 to $3.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Finance Sector

87th out of 866 stocks

Water Transportation Industry

2nd out of 15 stocks

BIP stock logo

About Brookfield Infrastructure Partners Stock (NYSE:BIP)

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 8.1 million electricity and natural gas connections; and 0.6 million long-term contracted sub-metering services. This segment also offers heating, cooling, and energy solutions; gas distribution; water heaters; and heating, ventilation, and air conditioner rental, as well as other home services. Its Transport segment offers transportation, storage, and handling services for merchandise goods, commodities, and passengers through a network of approximately 22,000 km of track; 5,500 km of track network; 9,800 km of rail; and 3,300 km of motorways. The company's Midstream segment offers natural gas transmission, gathering and processing, and storage services through approximately 15,000 km of natural gas transmission pipelines; 570 billion cubic feet of natural gas storage; 17 natural gas processing plants; and 10,600 km of gas gathering pipelines, as well as 525,000 tonnes polypropylene production capacity. Its Data segment operates approximately 228,000 operational telecom towers; approximately 54,000 kilometers of fiber optic cables; approximately 1 million fiber-to-the-premise connections; two semiconductor manufacturing facilities; and 70 distributed antenna systems, as well as 135 data centers and 750 megawatts of critical load capacity and an additional approximate 670 megawatts of contracted capacity. The company was incorporated in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. operates as a subsidiary of Brookfield Corporation.

BIP Stock Price History

BIP Stock News Headlines

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High-yield defensive dividend stocks might become more attractive during uncertain market periods as they offer income and potential capital appreciation.
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Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
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Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
5 Top Stocks to Buy in June
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/28 Dividend
5/31/2024
Dividend Payable
6/28/2024
Today
7/23/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Water transportation
Sub-Industry
N/A
Employees
52,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$38.20
High Stock Price Target
$46.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+21.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$367 million
Pretax Margin
13.88%

Debt

Sales & Book Value

Annual Sales
$17.93 billion
Cash Flow
$7.08 per share
Book Value
$71.37 per share

Miscellaneous

Free Float
N/A
Market Cap
$14.61 billion
Optionable
Optionable
Beta
1.04
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Key Executives

  • Mr. Samuel J. B. Pollock (Age 58)
    Chief Executive Officer of Infrastructure
    Comp: $491.81k
  • Mr. Benjamin Michael Vaughan (Age 52)
    COO of Brookfield Infrastructure Partners Limited & Operating Partner of Infrastructure
    Comp: $954.89k
  • Mr. Brian A. Baker (Age 54)
    Operating Partner & Regional Head of North America of Infrastructure
    Comp: $4.79M
  • Ms. Chole Berry (Age 40)
    President, MD of Infrastructure & Portfolio Manager
  • Mr. David Krant CPA (Age 37)
    CFO of Brookfield Infrastructure Partners Limited & Managing Partner of Infrastructure
  • Melissa Low
    Vice President of Investor Relations
  • Mr. John Marcus Stinebaugh CFA (Age 57)
    Vice Chair of Infrastructure
  • Mr. Michael John Botha (Age 54)
    Operating Partner of Brookfield Infrastructure Partners Limited
  • Mr. Michael J. Ryan (Age 53)
    Managing Director of Infrastructure - Brookfield Infrastructure Partners Limited
  • Mr. Carlos David Castro
    Operating Partner of Brookfield Infrastructure Partners Limited

BIP Stock Analysis - Frequently Asked Questions

How have BIP shares performed this year?

Brookfield Infrastructure Partners' stock was trading at $31.49 at the beginning of 2024. Since then, BIP stock has decreased by 0.6% and is now trading at $31.31.
View the best growth stocks for 2024 here
.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) issued its quarterly earnings data on Wednesday, May, 1st. The utilities provider reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.78 by $0.68. The utilities provider had revenue of $5.19 billion for the quarter. Brookfield Infrastructure Partners had a net margin of 2.05% and a trailing twelve-month return on equity of 1.23%.

When did Brookfield Infrastructure Partners' stock split?

Brookfield Infrastructure Partners shares split on Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly minted shares were issued to shareholders after the closing bell on Friday, June 10th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' top institutional investors include Nexus Investment Management ULC (0.26%), Dixon Mitchell Investment Counsel Inc. (0.17%), Raymond James & Associates (0.12%) and Sequoia Financial Advisors LLC (0.05%).

How do I buy shares of Brookfield Infrastructure Partners?

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

What other stocks do shareholders of Brookfield Infrastructure Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brookfield Infrastructure Partners investors own include AT&T (T), Enterprise Products Partners (EPD), Cisco Systems (CSCO), Johnson & Johnson (JNJ), NVIDIA (NVDA), AbbVie (ABBV) and QUALCOMM (QCOM).

This page (NYSE:BIP) was last updated on 7/23/2024 by MarketBeat.com Staff

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