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
Stock Exchange NYSE
Industry Water transportation
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:BIP
CUSIPN/A
Phone441-296-4480
Debt
Debt-to-Equity Ratio0.84
Current Ratio0.42
Quick Ratio0.42
Price-To-Earnings
Trailing P/E Ratio41.53
Forward P/E Ratio12.17
P/E Growth1.23
Sales & Book Value
Annual Sales$3.54 billion
Price / Sales3.82
Cash Flow$4.4409 per share
Price / Cash8.80
Book Value$46.58 per share
Price / Book0.84
Profitability
EPS (Most Recent Fiscal Year)$1.51
Net Income$124 million
Net Margins8.25%
Return on Equity3.29%
Return on Assets1.42%
Miscellaneous
EmployeesN/A
Outstanding Shares345,500,000
Market Cap$13.63 billion
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, August 1st. Shareholders of record on Friday, August 31st will be paid a dividend of $0.47 per share on Friday, September 28th. This represents a $1.88 dividend on an annualized basis and a yield of 4.81%. The ex-dividend date is Thursday, August 30th. View Brookfield Infrastructure Partners' Dividend History.
When did Brookfield Infrastructure Partners' stock split? How did Brookfield Infrastructure Partners' stock split work?
Brookfield Infrastructure Partners shares split on the morning of Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly issued shares were payable 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 declared that its board has initiated a share repurchase plan 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 purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.
How were Brookfield Infrastructure Partners' earnings last quarter?
Brookfield Infrastructure Partners L.P. (NYSE:BIP) released its earnings results on Thursday, August, 2nd. The utilities provider reported $0.21 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.76 by $0.55. The utilities provider earned $1.04 billion during the quarter, compared to analysts' expectations of $833 million. Brookfield Infrastructure Partners had a net margin of 8.25% and a return on equity of 3.29%. View Brookfield Infrastructure Partners' Earnings History.
When is Brookfield Infrastructure Partners' next earnings date?
What price target have analysts set for BIP?
10 Wall Street analysts have issued 12 month price objectives for Brookfield Infrastructure Partners' stock. Their forecasts range from $43.00 to $51.00. On average, they expect Brookfield Infrastructure Partners' stock price to reach $46.8889 in the next year. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets for Brookfield Infrastructure Partners.
What is the consensus analysts' recommendation for Brookfield Infrastructure Partners?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 Carnival (CCL), Royal Caribbean Cruises (RCL), Carnival (CUK), Kirby (KEX), Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Golden Ocean Group (GOGL), Teekay Lng Partners (TGP), GasLog Partners LP Unit (GLOP), Teekay Offshore Partners (TOO), Golar LNG Partners (GMLP), Tidewater (TDW), KNOT Offshore Partners (KNOP) and Hoegh LNG Partners (HMLP).
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, Sr. Managing Partner & COO (Age 45)
Has Brookfield Infrastructure Partners been receiving favorable news coverage?
News stories about BIP stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Brookfield Infrastructure Partners earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave press coverage about the utilities provider an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Brookfield Infrastructure Partners.
Who are Brookfield Infrastructure Partners' major shareholders?
Brookfield Infrastructure Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include TD Asset Management Inc. (2.67%), Connor Clark & Lunn Investment Management Ltd. (1.16%), Toronto Dominion Bank (1.10%), CIBC World Markets Inc. (0.64%), Fiera Capital Corp (0.63%) and First Manhattan Co. (0.56%).
Which institutional investors are selling Brookfield Infrastructure Partners stock?
BIP stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Connor Clark & Lunn Investment Management Ltd., TD Asset Management Inc., Bank of America Corp DE, AGF Investments Inc., Russell Investments Group Ltd., Jane Street Group LLC and CIBC Private Wealth Group LLC.
Which institutional investors are buying Brookfield Infrastructure Partners stock?
BIP stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Montrusco Bolton Investments Inc., Renaissance Technologies LLC, First Manhattan Co., First Republic Investment Management Inc., CIBC Asset Management Inc, Morgan Stanley and Lucas Capital Management.
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 $39.08.
How big of a company is Brookfield Infrastructure Partners?
Brookfield Infrastructure Partners has a market capitalization of $13.63 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)
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.
