About Brookfield Infrastructure Partners (NYSE:BIP)
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.
Industry, Sector and Symbol
Industry Water transportation
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:BIP
CUSIPN/A
Phone416-363-9491
Debt
Debt-to-Equity Ratio0.75%
Current Ratio0.97%
Quick Ratio0.90%
Price-To-Earnings
Trailing P/E Ratio27.25
Forward P/E Ratio11.65
P/E Growth1.16
Sales & Book Value
Annual Sales$3.54 billion
Price / Sales4.02
Cash Flow$4.5011 per share
Price / Cash9.14
Book Value$46.58 per share
Price / Book0.88
Profitability
EPS (Most Recent Fiscal Year)$1.51
Net Income$124 million
Net Margins1.95%
Return on Equity1.29%
Return on Assets0.56%
Miscellaneous
EmployeesN/A
Outstanding Shares345,500,000
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 announced a quarterly dividend on Friday, February 9th. Investors of record on Wednesday, February 28th will be given a dividend of $0.47 per share on Thursday, March 29th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date of this dividend is Tuesday, February 27th. View Brookfield Infrastructure Partners' Dividend History.
When did Brookfield Infrastructure Partners' stock split? How did Brookfield Infrastructure Partners' stock split work?
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 issued to shareholders after the market closes 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 initiated a stock repurchase plan on Wednesday, November 8th 2017, which allows the company to repurchase 13,820,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.
How were Brookfield Infrastructure Partners' earnings last quarter?
Brookfield Infrastructure Partners (NYSE:BIP) released its quarterly earnings results on Friday, February, 9th. The utilities provider reported $0.36 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.82 by $0.46. The utilities provider had revenue of $984 million for the quarter, compared to analyst estimates of $942 million. Brookfield Infrastructure Partners had a return on equity of 1.29% and a net margin of 1.95%. View Brookfield Infrastructure Partners' Earnings History.
When is Brookfield Infrastructure Partners' next earnings date?
What price target have analysts set for BIP?
10 brokerages have issued 12 month price objectives for Brookfield Infrastructure Partners' stock. Their predictions range from $42.00 to $57.00. On average, they anticipate Brookfield Infrastructure Partners' stock price to reach $47.2250 in the next twelve months. View Analyst Ratings for Brookfield Infrastructure Partners.
Who are some of Brookfield Infrastructure Partners' key competitors?
Some companies that are related to Brookfield Infrastructure Partners include Royal Caribbean Cruises (RCL), Carnival (CUK), Kirby (KEX), Golar LNG (GLNG), GasLog (GLOG), Teekay Lng Partners (TGP), Golar LNG Partners (GMLP), Matson (MATX), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners (GLOP), Kenon (KEN), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Dynagas LNG Partners (DLNG) and Nordic American Tanker (NAT).
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
Has Brookfield Infrastructure Partners been receiving favorable news coverage?
Media stories about BIP stock have been trending somewhat negative this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brookfield Infrastructure Partners earned a media sentiment score of -0.03 on Accern's scale. They also gave headlines about the utilities provider an impact score of 44.99 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 $41.09.
How big of a company is Brookfield Infrastructure Partners?
Brookfield Infrastructure Partners has a market capitalization of $14.16 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 416-363-9491 or via email at [email protected]
MarketBeat Community Rating for Brookfield Infrastructure Partners (BIP)
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.
Brookfield Infrastructure Partners (NYSE:BIP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for Brookfield Infrastructure Partners in the last 12 months. Their average twelve-month price target is $47.2250, suggesting that the stock has a possible upside of 14.79%. The high price target for BIP is $57.00 and the low price target for BIP is $42.00. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.80 | 2.80 | 2.78 | 2.75 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $47.2250 | $47.2250 | $49.0833 | $49.75 |
| Price Target Upside: | 14.79% upside | 16.60% upside | 10.55% upside | 14.45% upside |
Brookfield Infrastructure Partners (NYSE:BIP) Consensus Price Target History
Brookfield Infrastructure Partners (NYSE:BIP) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Brookfield Infrastructure Partners (NYSE:BIP) Dividend Information
Brookfield Infrastructure Partners pays an annual dividend of $1.88 per share, with a dividend yield of 4.57%. BIP's most recent quarterly dividend payment was Thursday, March 29. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 10.80% each year. Brookfield Infrastructure Partners pays out 124.50% of its earnings out as a dividend.
| Most Recent Dividend: | 3/29/2018 |
| Annual Dividend: | $1.88 |
| Dividend Yield: | 4.57% |
| Dividend Growth: | 10.80% (3 Year Average) |
| Payout Ratio: | 124.50% (Trailing 12 Months of Earnings)
53.26% (Based on This Year's Estimates)
47.59% (Based on Next Year's Estimates)
|
| Track Record: | 8 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Brookfield Infrastructure Partners (NYSE:BIP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/9/2018 | quarterly | $0.47 | 4.66% | 2/27/2018 | 2/28/2018 | 3/29/2018 |
| 11/7/2017 | quarterly | $0.4350 | 4.02% | 11/29/2017 | 11/30/2017 | 12/29/2017 |
| 8/4/2017 | Quarterly | $0.4350 | 4.19% | 8/29/2017 | 8/31/2017 | 9/29/2017 |
| 5/9/2017 | quarterly | $0.4350 | 4.39% | 5/26/2017 | 5/31/2017 | 6/30/2017 |
| 2/3/2017 | quarterly | $0.4350 | 4.93% | 2/24/2017 | 2/28/2017 | 3/31/2017 |
| 11/9/2016 | quarterly | $0.2911 | 3.43% | 11/28/2016 | 11/30/2016 | 12/30/2016 |
| 8/4/2016 | quarterly | $0.59 | 4.86% | 8/29/2016 | 8/31/2016 | 9/30/2016 |
| 5/6/2016 | quarterly | $0.57 | 5.27% | 5/26/2016 | 5/31/2016 | 6/30/2016 |
| 2/3/2016 | Quarterly | $0.57 | 6.18% | 2/25/2016 | 2/29/2016 | 3/31/2016 |
| 11/5/2015 | quarterly | $0.53 | 5.06% | 11/25/2015 | 11/30/2015 | 12/31/2015 |
| 8/6/2015 | quarterly | $0.53 | 5.14% | 8/27/2015 | 8/31/2015 | 9/30/2015 |
| 5/5/2015 | quarterly | $0.53 | 4.8% | 5/27/2015 | 5/29/2015 | 6/30/2015 |
| 2/5/2015 | quarterly | $0.53 | 4.66% | 2/25/2015 | 2/27/2015 | 3/31/2015 |
| 11/6/2014 | quarterly | $0.48 | 4.85% | 11/25/2014 | 11/28/2014 | 12/31/2014 |
| 8/6/2014 | quarterly | $0.48 | 4.89% | 8/27/2014 | 8/29/2014 | 9/30/2014 |
| 5/5/2014 | quarterly | $0.48 | 4.86% | 5/28/2014 | 5/30/2014 | 6/30/2014 |
| 2/6/2014 | quarterly | $0.48 | 5.36% | 2/26/2014 | 2/28/2014 | 3/31/2014 |
| 11/7/2013 | quarterly | $0.43 | 4.33% | 11/26/2013 | 11/29/2013 | 12/31/2013 |
| 8/7/2013 | quarterly | $0.43 | 4.68% | 8/28/2013 | 8/30/2013 | 9/30/2013 |
| 5/3/2013 | quarterly | $0.43 | 4.47% | 5/29/2013 | 5/31/2013 | 6/28/2013 |
| 2/11/2013 | quarterly | $0.43 | 4.37% | 2/26/2013 | 2/28/2013 | 3/29/2013 |
(Data available from 1/1/2013 forward)
Brookfield Infrastructure Partners (NYSE BIP) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 37.59%
Brookfield Infrastructure Partners (NYSE BIP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Brookfield Infrastructure Partners (NYSE BIP) News Headlines
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Brookfield Infrastructure Partners (NYSE:BIP) SEC Filings
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Brookfield Infrastructure Partners (NYSE:BIP) Income Statement, Balance Sheet and Cash Flow Statement
Brookfield Infrastructure Partners (NYSE BIP) Stock Chart for Friday, April, 20, 2018
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