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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BIP shares.
View BIP analyst ratings or view top-rated stocks.

7 analysts have issued 1 year price targets for Brookfield Infrastructure Partners' shares. Their BIP share price forecasts range from $37.00 to $50.00. On average, they anticipate the company's stock price to reach $43.00 in the next year. This suggests a possible upside of 41.9% from the stock's current price.
View analysts price targets for BIP or view top-rated stocks among Wall Street analysts.

Brookfield Infrastructure Partners' stock was trading at $30.99 on January 1st, 2023. Since then, BIP shares have decreased by 2.2% and is now trading at $30.30.
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Brookfield Infrastructure Partners saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,560,000 shares, an increase of 36.9% from the August 15th total of 1,870,000 shares. Based on an average daily volume of 315,000 shares, the short-interest ratio is currently 8.1 days.
View Brookfield Infrastructure Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our BIP earnings forecast.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its quarterly earnings data on Thursday, August, 3rd. The utilities provider reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by $0.28. The utilities provider had revenue of $4.26 billion for the quarter. Brookfield Infrastructure Partners had a trailing twelve-month return on equity of 1.42% and a net margin of 2.34%.

Brookfield Infrastructure Partners declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.382 per share on Friday, September 29th. This represents a $1.53 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend is Wednesday, August 30th.
Read our dividend analysis for BIP.

ETFs with the largest weight of Brookfield Infrastructure Partners (NYSE:BIP) stock in their portfolio include Formidable ETF (FORH), Invesco International Dividend Achievers ETF (PID), iShares Global Utilities ETF (JXI) and AGF Global Infrastructure ETF (GLIF).DJ Brookfield Global Infrastructure ETF (TOLZ).

Brookfield Infrastructure Partners (NYSE:BIP) pays an annual dividend of $1.53 per share and currently has a dividend yield of 4.86%. BIP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 463.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BIP will have a dividend payout ratio of 45.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BIP.

Brookfield Infrastructure Partners's stock split on the morning of Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly created shares were payable 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.

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

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

Brookfield Infrastructure Partners' stock is owned by many different institutional and retail investors. Top institutional shareholders include Royal Bank of Canada (9.49%), Capital World Investors (7.68%), Bank of Montreal Can (6.30%), 1832 Asset Management L.P. (3.75%), The Manufacturers Life Insurance Company (3.60%) and Principal Financial Group Inc. (3.19%).

Shares of BIP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BIP stock can currently be purchased for approximately $30.30.

Brookfield Infrastructure Partners (NYSE:BIP) has a market capitalization of $13.90 billion and generates $14.43 billion in revenue each year. The utilities provider earns $341 million in net income (profit) each year or $0.33 on an earnings per share basis.

The company employs 52,000 workers across the globe.

Brookfield Infrastructure Partners' mailing address is 73 FRONT STREET, HAMILTON D0, HM12. The official website for the company is www.bip.brookfield.com. The utilities provider can be reached via phone at (441) 294-3309, via email at bip.enquiries@brookfield.com, or via fax at 416-365-9642.