NYSE:BIP - Brookfield Infrastructure Partners Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$40.35 +0.09 (+0.22 %)
(As of 07/16/2018 02:25 PM ET)
Previous Close$40.65
Today's Range$40.31 - $40.73
52-Week Range$37.27 - $46.88
Volume26,479 shs
Average Volume257,071 shs
Market Capitalization$11.14 billion
P/E Ratio26.79
Dividend Yield4.67%
Beta0.97
Brookfield Infrastructure Partners logoBrookfield 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

Stock Exchange NYSE
Industry Water transportation
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:BIP
CUSIPN/A
Phone441-296-4480

Debt

Debt-to-Equity RatioN/A
Current Ratio0.10
Quick Ratio0.10

Price-To-Earnings

Trailing P/E Ratio26.79
Forward P/E Ratio12.19
P/E Growth1.35

Sales & Book Value

Annual Sales$3.54 billion
Price / Sales3.16
Cash Flow$4.4933 per share
Price / Cash8.98
Book Value$46.58 per share
Price / Book0.87

Profitability

EPS (Most Recent Fiscal Year)$1.51
Net Income$124 million
Net Margins5.40%
Return on Equity2.31%
Return on Assets1.01%

Miscellaneous

EmployeesN/A
Outstanding Shares276,680,000
Market Cap$11,138.97

The Truth About Cryptocurrencies

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, May 2nd. Shareholders of record on Thursday, May 31st will be paid a dividend of $0.94 per share on Friday, June 29th. This represents a $3.76 annualized dividend and a yield of 9.30%. The ex-dividend date of this dividend is Wednesday, May 30th. This is a positive change 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?

Shares of Brookfield Infrastructure Partners split on Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly created shares were payable 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 authorized a stock repurchase program on Wednesday, November 8th 2017, which authorizes the company to buyback 13,820,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its quarterly earnings results on Wednesday, May, 2nd. The utilities provider reported $0.42 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.86 by $0.44. The utilities provider had revenue of $1.01 billion for the quarter, compared to analyst estimates of $946 million. Brookfield Infrastructure Partners had a net margin of 5.40% and a return on equity of 2.31%. 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 Thursday, August, 2nd 2018. View Earnings Estimates for Brookfield Infrastructure Partners.

What price target have analysts set for BIP?

9 brokers have issued 1 year price targets for Brookfield Infrastructure Partners' stock. Their forecasts range from $46.00 to $51.00. On average, they expect Brookfield Infrastructure Partners' share price to reach $47.1250 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Ratings for Brookfield Infrastructure Partners.

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

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

Who are some of Brookfield Infrastructure Partners' key competitors?

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 52)
  • Mr. Jeffrey Wayne Kendrew MBA TechMgmt, BEng, MIPENZ, Managing Partner of Australia (Age 58)
  • Mr. Jonathan Kelly, Managing Partner & Chief Investment Officer of Brookfield Infrastructure Partners Ltd
  • Mr. Bahir Manios, Chief Financial Officer of Brookfield Asset Management (Age 39)
  • Mr. Benjamin Michael Vaughan, Chief Operating Officer (Age 44)

Has Brookfield Infrastructure Partners been receiving favorable news coverage?

Media headlines about BIP stock have trended somewhat negative this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brookfield Infrastructure Partners earned a coverage optimism score of -0.05 on Accern's scale. They also gave press coverage about the utilities provider an impact score of 46.74 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Montrusco Bolton Investments Inc. (0.40%), Nexus Investment Management Inc. (0.25%), Leith Wheeler Investment Counsel Ltd. (0.03%), Lucas Capital Management (0.02%), Clinton Group Inc. (0.00%) and Port Capital LLC (0.00%). View Institutional Ownership Trends for Brookfield Infrastructure Partners.

Which institutional investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Leith Wheeler Investment Counsel Ltd., Port Capital LLC and Nexus Investment Management Inc.. View Insider Buying and Selling for Brookfield Infrastructure Partners.

Which institutional investors are buying Brookfield Infrastructure Partners stock?

BIP stock was acquired by a variety of institutional investors in the last quarter, including Montrusco Bolton Investments Inc., Lucas Capital Management and Clinton Group Inc.. View Insider Buying and Selling for Brookfield Infrastructure Partners.

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 $40.44.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $11.14 billion and generates $3.54 billion in revenue each year. The utilities provider earns $124 million in net income (profit) each year or $1.51 on an earnings per share basis.

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:  284 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  602
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 7/16/2018 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.