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

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

Brookfield Infrastructure Partners announced a quarterly dividend on Wednesday, May 2nd. Stockholders 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 dividend yield of 9.86%. 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.

Brookfield Infrastructure Partners's stock 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.

Brookfield Infrastructure Partners declared that its Board of Directors has approved a share repurchase plan on Wednesday, November 8th 2017, which authorizes the company to repurchase 13,820,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

Brookfield Infrastructure Partners (NYSE:BIP) announced its quarterly earnings data on Wednesday, May, 2nd. The utilities provider reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.86 by $0.44. The utilities provider had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $946 million. Brookfield Infrastructure Partners had a return on equity of 2.31% and a net margin of 5.40%. View Brookfield Infrastructure Partners' Earnings History.

Brookfield Infrastructure Partners is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Brookfield Infrastructure Partners.

9 brokerages have issued 1-year target prices for Brookfield Infrastructure Partners' shares. Their predictions range from $44.00 to $51.00. On average, they anticipate Brookfield Infrastructure Partners' stock price to reach $46.5833 in the next year. View Analyst Ratings for Brookfield Infrastructure Partners.

Some companies that are related to Brookfield Infrastructure Partners include Carnival Cruise Line (CCL), Royal Caribbean Cruises (RCL), Carnival (CUK), Kirby (KEX), Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Teekay Lng Partners (TGP), Golar LNG Partners (GMLP), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners (GLOP), Kenon (KEN), Tidewater (TDW) and KNOT Offshore Partners (KNOP).

News coverage about BIP stock has trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brookfield Infrastructure Partners earned a media sentiment score of 0.20 on Accern's scale. They also assigned press coverage about the utilities provider an impact score of 48.03 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Brookfield Infrastructure Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (2.62%), Neuberger Berman Group LLC (1.80%), The Manufacturers Life Insurance Company (1.25%), Toronto Dominion Bank (0.91%), Sentry Investments Corp. (0.84%) and Fiera Capital Corp (0.63%). View Institutional Ownership Trends for Brookfield Infrastructure Partners.

BIP stock was sold by a variety of institutional investors in the last quarter, including Sentry Investments Corp., AGF Investments Inc., Neuberger Berman Group LLC, Atlantic Trust Group LLC, Nuveen Asset Management LLC, Franklin Resources Inc., Cannell Peter B & Co. Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for Brookfield Infrastructure Partners.

BIP stock was acquired by a variety of institutional investors in the last quarter, including CIBC World Markets Inc., The Manufacturers Life Insurance Company , Intact Investment Management Inc., Toronto Dominion Bank, CIBC Asset Management Inc, Fiera Capital Corp, Principal Financial Group Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for 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.

One share of BIP stock can currently be purchased for approximately $38.13.

Brookfield Infrastructure Partners has a market capitalization of $13.17 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.

Brookfield Infrastructure Partners' mailing address is 73 FRONT STREET, HAMILTON D0, HM12. The utilities provider can be reached via phone at 416-363-9491 or via email at [email protected]