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NYSE:BIPBrookfield Infrastructure Partners Stock Price, Forecast & News

$40.66
-0.14 (-0.34 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$40.10
Now: $40.66
$41.01
50-Day Range
$37.22
MA: $39.30
$42.29
52-Week Range
$25.77
Now: $40.66
$56.31
Volume393,560 shs
Average Volume409,322 shs
Market Capitalization$11.93 billion
P/E Ratio162.64
Dividend Yield4.75%
Beta0.9
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The 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 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals. The 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 4,200 km of motorways in Brazil, Chile, Peru, and India; and 37 port terminals in North America, the United Kingdom, Australia, and Europe. The Energy segment offers natural gas midstream 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 and cooling services to customers, and energy solutions, as well as serves approximately 24,900 natural gas, water, and wastewater connections. In addition, the Energy segment provides water heater rental; heating, ventilation, and air conditioner rental; and other home services in Canada and the United States, as well as 270,000 contracted sub-metering services with in Canada. The Data Infrastructure segment offers services and critical infrastructure to the media broadcasting and telecom sectors; and data storage services and infrastructure to enterprise customers. The company was founded 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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Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.65 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone441-294-3309

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.60 billion
Cash Flow$4.84 per share
Book Value$61.74 per share

Profitability

Net Income$211 million

Miscellaneous

EmployeesN/A
Market Cap$11.93 billion
Next Earnings Date8/7/2020 (Estimated)
OptionableOptionable

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Brookfield Infrastructure Partners (NYSE:BIP) Frequently Asked Questions

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

Brookfield Infrastructure Partners' stock was trading at $43.76 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BIP stock has decreased by 7.1% and is now trading at $40.66. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Brookfield Infrastructure Partners?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brookfield Infrastructure Partners.

When is Brookfield Infrastructure Partners' next earnings date?

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.

How were Brookfield Infrastructure Partners' earnings last quarter?

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

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 Friday, May 8th. Shareholders of record on Friday, May 29th will be given a dividend of $0.485 per share on Tuesday, June 30th. This represents a $1.94 annualized dividend and a dividend yield of 4.77%. The ex-dividend date is Thursday, May 28th. View Brookfield Infrastructure Partners' dividend history.

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

Brookfield Infrastructure Partners's stock split on the morning of 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 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.

What price target have analysts set for BIP?

11 brokers have issued 12 month target prices for Brookfield Infrastructure Partners' stock. Their forecasts range from $46.00 to $58.00. On average, they expect Brookfield Infrastructure Partners' share price to reach $50.91 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price. View analysts' price targets for Brookfield Infrastructure Partners.

Has Brookfield Infrastructure Partners been receiving favorable news coverage?

Media headlines about BIP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. 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 1.5 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutBrookfield Infrastructure Partners.

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

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 Group (Age 53)
  • Mr. Jeffrey Wayne Kendrew, Managing Partner of Australia (Age 59)
  • Mr. Bahir Manios, Chief Financial Officer of Brookfield Infrastructure Group (Age 40)
  • Mr. Benjamin Michael Vaughan, Chief Operating Officer of Brookfield Infrastructure Group (Age 47)
  • Mr. Jonathan Kelly, Chief Investment Officer & Head of Utilities & Data infrastructure - Brookfield Infrastructure Group (Age 36)

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 number of retail and institutional investors. Top institutional investors include Capital World Investors (6.43%), Principal Financial Group Inc. (2.36%), The Manufacturers Life Insurance Company (2.26%), 1832 Asset Management L.P. (1.92%), CIBC Asset Management Inc (1.28%) and CIBC World Markets Inc. (1.21%).

Which major investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Toronto Dominion Bank, Clearbridge Investments LLC, Connor Clark & Lunn Investment Management Ltd., CIBC World Markets Inc., Wells Fargo & Company MN, Nuveen Asset Management LLC, and Ninepoint Partners LP.

Which major investors are buying Brookfield Infrastructure Partners stock?

BIP stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Mackenzie Financial Corp, The Manufacturers Life Insurance Company , 1832 Asset Management L.P., CIBC Asset Management Inc, Citigroup Inc., AGF 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Brookfield Infrastructure Partners' stock price today?

One share of BIP stock can currently be purchased for approximately $40.66.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $11.93 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.

What is Brookfield Infrastructure Partners' official website?

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

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 5/30/2020 by MarketBeat.com Staff

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