Brookfield Infrastructure Partners - BIP Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BIP shares.
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7 Wall Street analysts have issued twelve-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 $45.20 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
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Brookfield Infrastructure Partners' stock was trading at $40.54 at the beginning of the year. Since then, BIP shares have decreased by 16.4% and is now trading at $33.88.
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Brookfield Infrastructure Partners saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 4,340,000 shares, an increase of 346.3% from the October 31st total of 972,500 shares. Based on an average daily volume of 409,300 shares, the days-to-cover ratio is presently 10.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our BIP earnings forecast.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) released its quarterly earnings data on Wednesday, November, 2nd. The utilities provider reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by $0.55. The utilities provider had revenue of $3.63 billion for the quarter. Brookfield Infrastructure Partners had a net margin of 2.80% and a trailing twelve-month return on equity of 1.56%.

Brookfield Infrastructure Partners announced a quarterly dividend on Wednesday, November 2nd. Stockholders of record on Wednesday, November 30th will be given a dividend of $0.36 per share on Friday, December 30th. This represents a $1.44 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date of this dividend is Tuesday, November 29th.
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 4.12%. 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 553.87%. 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 47.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BIP.

Brookfield Infrastructure Partners's stock split on Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly issued shares were distributed to shareholders after the closing bell 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 a variety of retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (7.99%), TD Asset Management Inc. (3.49%), The Manufacturers Life Insurance Company (2.47%), Neuberger Berman Group LLC (1.22%), CIBC Asset Management Inc (1.13%) and Toronto Dominion Bank (1.13%).

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 $33.88.

Brookfield Infrastructure Partners (NYSE:BIP) has a market capitalization of $15.53 billion and generates $11.54 billion in revenue each year. The utilities provider earns $766 million in net income (profit) each year or $0.26 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.