NYSE:BIPBrookfield Infrastructure Partners Stock Price, Forecast & News

Brookfield Infrastructure Partners' stock was trading at $43.76 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BIP stock has decreased by 6.2% and is now trading at $41.04. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brookfield Infrastructure Partners.

Brookfield Infrastructure Partners is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Brookfield Infrastructure Partners.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its quarterly earnings data on Friday, May, 8th. The utilities provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.87 by $0.74. The utilities provider earned $2.20 billion during the quarter, compared to the consensus estimate of $1.02 billion. Brookfield Infrastructure Partners had a return on equity of 1.87% and a net margin of 4.54%. Brookfield Infrastructure Partners's revenue for the quarter was up 37.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.88 earnings per share. View Brookfield Infrastructure Partners' earnings history.

Brookfield Infrastructure Partners declared a quarterly dividend on Friday, May 8th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.485 per share on Tuesday, June 30th. This represents a $1.94 dividend on an annualized basis and a yield of 4.73%. The ex-dividend date of this dividend is Thursday, May 28th. View Brookfield Infrastructure Partners' dividend history.

Brookfield Infrastructure Partners shares split on 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 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.

11 brokers have issued 1 year price objectives for Brookfield Infrastructure Partners' stock. Their forecasts range from $41.00 to $58.00. On average, they anticipate Brookfield Infrastructure Partners' stock price to reach $50.27 in the next year. This suggests a possible upside of 22.5% from the stock's current price. View analysts' price targets for Brookfield Infrastructure Partners.

Media stories about BIP stock have trended somewhat negative on Saturday, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookfield Infrastructure Partners earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news about Brookfield Infrastructure Partners.

Some companies that are related to Brookfield Infrastructure Partners include Royal Caribbean Cruises (RCL), Carnival (CCL), Kirby (KEX), Carnival (CUK), Matson (MATX), Teekay Lng Partners (TGP), Golar LNG (GLNG), Nordic American Tanker (NAT), Golden Ocean Group (GOGL), International Seaways (INSW), KNOT Offshore Partners (KNOP), Teekay Tankers (TNK), Hoegh LNG Partners (HMLP), GasLog (GLOG) and Tidewater (TDW). View all competitors.

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), AbbVie (ABBV), NVIDIA (NVDA), Verizon Communications (VZ), Walt Disney (DIS), QUALCOMM (QCOM) and Pfizer (PFE).

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 retail and institutional investors. Top institutional investors include M&R Capital Management Inc. (0.00%).

BIP stock was sold by a variety of institutional investors in the last quarter, including M&R Capital Management Inc..

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, Robinhood, Fidelity, and Charles Schwab.

One share of BIP stock can currently be purchased for approximately $41.04.

Brookfield Infrastructure Partners has a market capitalization of $12.05 billion and generates $6.60 billion in revenue each year. The utilities provider earns $211 million in net income (profit) each year or $0.07 on an earnings per share basis.

The official website for Brookfield Infrastructure Partners is www.bip.brookfield.com.

Brookfield Infrastructure Partners' mailing address is 73 FRONT STREET, HAMILTON D0, HM12. The utilities provider can be reached via phone at 441-294-3309 or via email at [email protected]