Brookfield Infrastructure Partners - BIP Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BIP shares.
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7 Wall Street research analysts have issued 12 month target prices for Brookfield Infrastructure Partners' shares. Their BIP share price forecasts range from $38.00 to $49.50. On average, they predict the company's stock price to reach $45.21 in the next twelve months. This suggests a possible upside of 40.7% from the stock's current price.
View analysts price targets for BIP or view top-rated stocks among Wall Street analysts.

Brookfield Infrastructure Partners' stock was trading at $30.99 at the beginning of 2023. Since then, BIP stock has increased by 3.7% and is now trading at $32.14.
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Brookfield Infrastructure Partners saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,540,000 shares, an increase of 21.5% from the February 13th total of 2,090,000 shares. Based on an average trading volume of 514,800 shares, the days-to-cover ratio is presently 4.9 days.
View Brookfield Infrastructure Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our BIP earnings forecast.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its quarterly earnings results on Thursday, February, 2nd. The utilities provider reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.71 by $0.74. The utilities provider had revenue of $3.71 billion for the quarter. Brookfield Infrastructure Partners had a net margin of 2.09% and a trailing twelve-month return on equity of 1.20%.

Brookfield Infrastructure Partners announced a quarterly dividend on Thursday, February 2nd. Shareholders of record on Tuesday, February 28th will be paid a dividend of $0.382 per share on Friday, March 31st. This represents a $1.53 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend is Monday, February 27th. This is an increase from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for BIP.

ETFs with the largest weight of Brookfield Infrastructure Partners (NYSE:BIP) stock in their portfolio include Formidable ETF (FORH), Invesco International Dividend Achievers ETF (PID), iShares Global Utilities ETF (JXI), AGF Global Infrastructure ETF (GLIF), DJ Brookfield Global Infrastructure ETF (TOLZ) and Invesco Dividend Achievers ETF (PFM).

Brookfield Infrastructure Partners (NYSE:BIP) pays an annual dividend of $1.53 per share and currently has a dividend yield of 4.81%. BIP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 1,119.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BIP will have a dividend payout ratio of 46.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BIP.

Shares of Brookfield Infrastructure Partners split before market open on Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly minted shares were issued to shareholders after the market closes on Friday, June 10th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

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), Walt Disney (DIS) and Intel (INTC).

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 institutional and retail investors. Top institutional investors include 1832 Asset Management L.P. (3.44%), Principal Financial Group Inc. (3.15%), TD Asset Management Inc (3.03%), The Manufacturers Life Insurance Company (2.94%), Morgan Stanley (1.34%) and Neuberger Berman Group LLC (1.18%).

Shares of BIP stock 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.
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One share of BIP stock can currently be purchased for approximately $32.14.

Brookfield Infrastructure Partners (NYSE:BIP) has a market capitalization of $14.73 billion and generates $14.43 billion in revenue each year. The utilities provider earns $341 million in net income (profit) each year or $0.1367 on an earnings per share basis.

The company employs 44,000 workers across the globe.

Brookfield Infrastructure Partners' mailing address is 73 FRONT STREET, HAMILTON D0, HM12. The official website for the company is www.bip.brookfield.com. The utilities provider can be reached via phone at (441) 294-3309, via email at bip.enquiries@brookfield.com, or via fax at 416-365-9642.