NYSE:BIP

Brookfield Infrastructure Partners Stock Forecast, Price & News

$53.91
-0.78 (-1.43 %)
(As of 06/23/2021 12:00 AM ET)
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Today's Range
$53.65
$54.69
50-Day Range
$52.66
$55.75
52-Week Range
$38.95
$56.27
Volume157,498 shs
Average Volume278,708 shs
Market Capitalization$15.92 billion
P/E Ratio103.67
Dividend Yield1.77%
Beta0.77
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Brookfield Infrastructure Partners logo

About Brookfield Infrastructure Partners

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 Utilities segment operates approximately 4,200 kilometers (km) of natural gas pipelines; 2,000 km of electricity transmission lines; and 6.9 million electricity and natural gas connections, as well as 1.5 million installed smart meters; and 330,000 long-term contracted sub-metering services. This segment also offers centralized heating and cooling systems; centralized gas distribution and cogeneration for heating, cooling, and energy; and water heater, and heating, ventilation, and air conditioner rental, and other home services. The Transport segment offers transportation, storage, and handling services for freight, commodities, and passengers through a network of approximately 22,000 Km of track network in North America and Europe; 5,500 km of track network in south of Western Australia; 4,800 km of rail in Brazil; 3,800 km of motorways in Brazil, Chile, Peru and India; and 13 port terminals. The Midstream segment offers natural gas transmission, gathering and processing, and storage services through approximately 15,000 km of natural gas transmission pipelines; 600 billion cubic feet of natural gas storage; 16 natural gas processing plants; and 3,400 km of gas gathering pipelines. The Data segment operates approximately 137,000 operational telecom towers in India; 7,000 multi-purpose towers and active rooftop sites in France; 10,000 km of fiber backbone in France and Brazil; 1,600 cell sites and 11,500 km of fiber optic cable in New Zealand; and 2,100 active telecom towers and 70 distributed antenna systems in the United Kingdom, as well as 54 data centers and 198 megawatts of critical load capacity. The company was incorporated 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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Sales & Book Value

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Miscellaneous


MarketRank

Overall MarketRank

1.50 out of 5 stars

Utilities Sector

80th out of 280 stocks

Water Transportation Industry

7th out of 29 stocks

Analyst Opinion: 1.4Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
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Brookfield Infrastructure Partners (NYSE:BIP) Frequently Asked Questions

Is Brookfield Infrastructure Partners a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Brookfield Infrastructure Partners stock.
View analyst ratings for Brookfield Infrastructure Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Brookfield Infrastructure Partners?

Wall Street analysts have given Brookfield Infrastructure Partners a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brookfield Infrastructure Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Brookfield Infrastructure Partners' next earnings date?

Brookfield Infrastructure Partners is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Brookfield Infrastructure Partners
.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its earnings results on Thursday, May, 6th. The utilities provider reported $0.27 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.87 by $0.60. The utilities provider had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $1.14 billion. Brookfield Infrastructure Partners had a trailing twelve-month return on equity of 2.37% and a net margin of 4.96%. The company's quarterly revenue was up 22.2% compared to the same quarter last year. During the same period last year, the business earned $0.77 earnings per share.
View Brookfield Infrastructure Partners' earnings history
.

How has Brookfield Infrastructure Partners' stock been impacted by COVID-19?

Brookfield Infrastructure Partners' stock was trading at $43.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BIP stock has increased by 23.2% and is now trading at $53.91.
View which stocks have been most impacted by COVID-19
.

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 Monday, May 10th. Investors of record on Monday, May 31st will be given a dividend of $0.51 per share on Wednesday, June 30th. This represents a $2.04 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Thursday, May 27th.
View Brookfield Infrastructure Partners' dividend history
.

Is Brookfield Infrastructure Partners a good dividend stock?

Brookfield Infrastructure Partners pays an annual dividend of $0.97 per share and currently has a dividend yield of 1.77%. Brookfield Infrastructure Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Brookfield Infrastructure Partners is 277.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Brookfield Infrastructure Partners will have a dividend payout ratio of 27.40% next year. This indicates that Brookfield Infrastructure Partners will be able to sustain or increase its dividend.
View Brookfield Infrastructure Partners' dividend history.

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

Brookfield Infrastructure Partners shares split on Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly minted shares were issued to shareholders after the closing bell 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.

What price target have analysts set for BIP?

10 analysts have issued 12-month target prices for Brookfield Infrastructure Partners' shares. Their forecasts range from $45.00 to $73.00. On average, they expect Brookfield Infrastructure Partners' stock price to reach $56.89 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts' price targets for Brookfield Infrastructure Partners
or view top-rated stocks among Wall Street analysts.

Who are Brookfield Infrastructure Partners' key executives?

Brookfield Infrastructure Partners' management team includes the following people:
  • Mr. Samuel J.B. Pollock, Chief Exec. Officer of Brookfield Infrastructure Partners Limited (Age 55, Pay $491.81k)
  • Mr. Benjamin Michael Vaughan, Chief Operating Officer of Brookfield Infrastructure Partners Limited (Age 49, Pay $954.89k)
  • Mr. Brian A. Baker, Chief Investment Officer and Head of Transport & Energy - Brookfield Infrastructure Partners Limited (Age 51, Pay $4.79M)
  • Mr. Bahir Manios, Managing Partner of Infra. & Reinsurance and Chief Strategy Off. of Brookfield Infra. Partners ltd (Age 42, Pay $2.56M)
  • Mr. David Krant CPA, CFO of Brookfield Infrastructure Partners Limited & MD of Infrastructure (Age 34)
  • Melissa Low, VP of Investor Relations
  • Ms. Claire Holland, Sr. VP of Communications
  • Mr. John Marcus Stinebaugh C.F.A., CFA, Managing Partner of Infrastructure (Age 54)
  • Mr. Michael Botha, Managing Director of Brookfield Infrastructure Partners Limited
  • Mr. Mark M. Bishop, MD & COO of Timber - Brookfield Infrastructure Partners Ltd

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), Enterprise Products Partners (EPD), Cisco Systems (CSCO), Johnson & Johnson (JNJ), NVIDIA (NVDA), AbbVie (ABBV), QUALCOMM (QCOM), Verizon Communications (VZ), The Walt Disney (DIS) and Intel (INTC).

What is Brookfield Infrastructure Partners' stock symbol?

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

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (7.88%), TD Asset Management Inc. (3.21%), Principal Financial Group Inc. (3.03%), The Manufacturers Life Insurance Company (2.36%), Goldman Sachs Group Inc. (1.64%) and Morgan Stanley (1.53%).

Which major investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, FIL Ltd, Select Equity Group L.P., Kayne Anderson Capital Advisors LP, CIBC World Markets Inc., Citigroup Inc., Neuberger Berman Group LLC, and Captrust Financial Advisors.

Which major investors are buying Brookfield Infrastructure Partners stock?

BIP stock was purchased by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Goldman Sachs Group Inc., TD Asset Management Inc., Bank of Montreal Can, Morgan Stanley, The Manufacturers Life Insurance Company, Montrusco Bolton Investments Inc., and Principal Financial Group Inc..

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Brookfield Infrastructure Partners' stock price today?

One share of BIP stock can currently be purchased for approximately $53.91.

How much money does Brookfield Infrastructure Partners make?

Brookfield Infrastructure Partners has a market capitalization of $15.92 billion and generates $8.89 billion in revenue each year. The utilities provider earns $324 million in net income (profit) each year or $0.35 on an earnings per share basis.

How many employees does Brookfield Infrastructure Partners have?

Brookfield Infrastructure Partners employs 41,000 workers across the globe.

What is Brookfield Infrastructure Partners' official website?

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

Where are Brookfield Infrastructure Partners' headquarters?

Brookfield Infrastructure Partners is headquartered at 73 FRONT STREET, HAMILTON D0, HM12.

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 441-294-3309 or via email at [email protected]


This page was last updated on 6/24/2021 by MarketBeat.com Staff
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