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 year. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BIP shares.
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7 equities research analysts have issued 1 year price targets for Brookfield Infrastructure Partners' stock. Their BIP share price forecasts range from $43.33 to $49.50. On average, they expect the company's stock price to reach $46.80 in the next year. This suggests a possible upside of 30.4% 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 $40.54 at the beginning of the year. Since then, BIP shares have decreased by 11.4% and is now trading at $35.90.
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Brookfield Infrastructure Partners saw a decline in short interest in September. As of September 15th, there was short interest totaling 981,100 shares, a decline of 13.9% from the August 31st total of 1,140,000 shares. Based on an average trading volume of 290,900 shares, the days-to-cover ratio is currently 3.4 days.
View Brookfield Infrastructure Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our BIP earnings forecast.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) issued its quarterly earnings data on Wednesday, August, 3rd. The utilities provider reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.66 by $0.53. The utilities provider earned $3.68 billion during the quarter, compared to the consensus estimate of $2.12 billion. Brookfield Infrastructure Partners had a net margin of 5.20% and a trailing twelve-month return on equity of 2.75%. The company's quarterly revenue was up 38.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.57 earnings per share.

Brookfield Infrastructure Partners announced a quarterly dividend on Wednesday, August 3rd. Investors of record on Wednesday, August 31st will be given a dividend of $0.36 per share on Thursday, September 29th. This represents a $1.44 annualized dividend and a dividend yield of 4.01%. The ex-dividend date is Tuesday, August 30th.
Read our dividend analysis for BIP.

Brookfield Infrastructure Partners (NYSE:BIP) pays an annual dividend of $1.44 per share and currently has a dividend yield of 4.03%. BIP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 208.70%. 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 45.57% 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 payable 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."

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 $35.90.

Brookfield Infrastructure Partners (NYSE:BIP) has a market capitalization of $16.44 billion and generates $11.54 billion in revenue each year. The utilities provider earns $766 million in net income (profit) each year or $0.69 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.