NYSE:BIP - Brookfield Infrastructure Partners Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$40.33 -0.24 (-0.59 %)
(As of 03/24/2019 07:12 AM ET)
Previous Close$40.33
Today's Range$40.02 - $40.60
52-Week Range$32.26 - $42.54
Volume211,172 shs
Average Volume339,006 shs
Market Capitalization$13.93 billion
P/E Ratio68.36
Dividend Yield4.98%
Beta1.05
Brookfield Infrastructure Partners L.P. engages in utility, transport, energy, and communications infrastructure businesses. The company's 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 12,000 km of electricity transmission lines in North and South America; approximately 3.3 million electricity and natural gas connections in the United Kingdom and Colombia; and a port facility that exports metallurgical and thermal coal in Australia. Its 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 4,000 km of motorways in Brazil, Chile, Peru, and India; and 37 port terminals in North America, the United Kingdom, Australia, and Europe. The company's Energy segment offers energy transportation, distribution, 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, cooling, and energy solutions; and distributed natural gas, water, and wastewater services to approximately 59,000 commercial and residential customers. Its Communications Infrastructure segment offers services and critical infrastructure to the media broadcasting and telecom sectors. It has approximately 7,000 multi-purpose towers and active rooftop sites; and 5,000 km of fiber backbone located in France. Brookfield Infrastructure Partners Limited serves as the general partner of the company. Brookfield Infrastructure Partners L.P. was founded in 2007 and is based in Hamilton, Bermuda. The company is a subsidiary of Brookfield Asset Management Inc.

Receive BIP News and Ratings via Email

Sign-up to receive the latest news and ratings for BIP and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone441-296-4480

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.65 billion
Cash Flow$4.0820 per share
Book Value$49.60 per share

Profitability

Net Income$329 million

Miscellaneous

EmployeesN/A
Market Cap$13.93 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

Brookfield Infrastructure Partners (NYSE:BIP) Frequently Asked Questions

What is Brookfield Infrastructure Partners' stock symbol?

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

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 Wednesday, February 6th. Stockholders of record on Thursday, February 28th will be given a dividend of $0.502 per share on Friday, March 29th. This represents a $2.01 annualized dividend and a dividend yield of 4.98%. The ex-dividend date is Wednesday, February 27th. This is a boost from Brookfield Infrastructure Partners's previous quarterly dividend of $0.47. 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 the morning of Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly issued 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.

How will Brookfield Infrastructure Partners' stock buyback program work?

Brookfield Infrastructure Partners announced that its board has approved a share buyback program on Wednesday, November 8th 2017, which permits the company to repurchase 13,820,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its earnings results on Wednesday, February, 6th. The utilities provider reported $0.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.01. The utilities provider had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $870.84 million. Brookfield Infrastructure Partners had a return on equity of 2.82% and a net margin of 7.46%. The firm's revenue for the quarter was up 45.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.80 earnings per share. View Brookfield Infrastructure Partners' Earnings History.

When is Brookfield Infrastructure Partners' next earnings date?

Brookfield Infrastructure Partners is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Brookfield Infrastructure Partners.

What price target have analysts set for BIP?

8 brokers have issued 12-month price objectives for Brookfield Infrastructure Partners' stock. Their forecasts range from $41.00 to $49.00. On average, they expect Brookfield Infrastructure Partners' share price to reach $45.6429 in the next year. This suggests a possible upside of 13.2% from the stock's current price. View Analyst Price Targets for Brookfield Infrastructure Partners.

What is the consensus analysts' recommendation for Brookfield Infrastructure Partners?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brookfield Infrastructure Partners.

Has Brookfield Infrastructure Partners been receiving favorable news coverage?

Media coverage about BIP stock has been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brookfield Infrastructure Partners earned a coverage optimism score of 2.1 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future.

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), Cisco Systems (CSCO), Enterprise Products Partners (EPD), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Johnson & Johnson (JNJ), Blackstone Group (BX), Pfizer (PFE) and Walt Disney (DIS).

Who are Brookfield Infrastructure Partners' key executives?

Brookfield Infrastructure Partners' management team includes the folowing people:
  • Mr. Samuel J. B. Pollock, Chief Exec. Officer of Brookfield Asset Management (Age 53)
  • Mr. Jeffrey Wayne Kendrew MBA TechMgmt, BEng, MIPENZ, Managing Partner of Australia (Age 59)
  • Mr. Jonathan Kelly, Managing Partner & Chief Investment Officer of Brookfield Infrastructure Partners Ltd
  • Mr. Bahir Manios, Chief Financial Officer of Brookfield Asset Management (Age 40)
  • Mr. Benjamin Michael Vaughan, Sr. Managing Partner & COO (Age 46)

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (6.12%), TD Asset Management Inc. (3.15%), Principal Financial Group Inc. (2.03%), Toronto Dominion Bank (1.70%), Connor Clark & Lunn Investment Management Ltd. (1.23%) and 1832 Asset Management L.P. (1.09%).

Which institutional investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Fiera Capital Corp, CIBC Asset Management Inc, Ninepoint Partners LP, Bank of Nova Scotia Trust Co., Connor Clark & Lunn Investment Management Ltd., CIBC Private Wealth Group LLC and Mackenzie Financial Corp.

Which institutional investors are buying Brookfield Infrastructure Partners stock?

BIP stock was bought by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Bank of Montreal Can, Highstreet Asset Management Inc., CI Investments Inc., Scotia Capital Inc., Beach Investment Counsel Inc. PA, Montrusco Bolton Investments Inc. and Acadian Asset Management LLC.

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, Scottrade, Fidelity and Charles Schwab.

What is Brookfield Infrastructure Partners' stock price today?

One share of BIP stock can currently be purchased for approximately $40.33.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $13.93 billion and generates $4.65 billion in revenue each year. The utilities provider earns $329 million in net income (profit) each year or $0.59 on an earnings per share basis.

What is Brookfield Infrastructure Partners' official website?

The official website for Brookfield Infrastructure Partners is http://www.brookfieldinfrastructure.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 441-296-4480 or via email at [email protected]


MarketBeat Community Rating for Brookfield Infrastructure Partners (NYSE BIP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  385 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  814
MarketBeat's community ratings are surveys of what our community members think about Brookfield Infrastructure Partners and other stocks. Vote "Outperform" if you believe BIP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BIP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel