NYSE:BIP - Brookfield Infrastructure Partners Stock Price, News & Analysis

$45.77
-0.38 (-0.82 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$45.70
Now: $45.77
$46.72
50-Day Range
$42.98
MA: $44.18
$45.80
52-Week Range
$32.26
Now: $45.77
$46.72
Volume286,996 shs
Average Volume310,839 shs
Market Capitalization$12.81 billion
P/E Ratio77.58
Dividend Yield4.41%
Beta0.9
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The 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 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals. Read More…

Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone441-294-3309

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.65 billion
Cash Flow$4.1013 per share
Book Value$54.67 per share

Profitability

Net Income$329 million

Miscellaneous

EmployeesN/A
Market Cap$12.81 billion
Next Earnings Date11/1/2019 (Estimated)
OptionableOptionable

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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 dividend on Thursday, August 1st. Stockholders of record on Friday, August 30th will be given a dividend of $0.502 per share on Monday, September 30th. The ex-dividend date of this dividend is Thursday, August 29th. View Brookfield Infrastructure Partners' Dividend History.

When did Brookfield Infrastructure Partners' stock split? How did Brookfield Infrastructure Partners' stock split work?

Shares of Brookfield Infrastructure Partners 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 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 of Directors has approved a stock buyback program 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 buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) issued its quarterly earnings data on Friday, August, 2nd. The utilities provider reported $0.85 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.02. The utilities provider had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.01 billion. Brookfield Infrastructure Partners had a return on equity of 1.40% and a net margin of 3.32%. The business's revenue was up 61.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 earnings per share. View Brookfield Infrastructure Partners' Earnings History.

When is Brookfield Infrastructure Partners' next earnings date?

Brookfield Infrastructure Partners is scheduled to release their next quarterly earnings announcement on Friday, November 1st 2019. View Earnings Estimates for Brookfield Infrastructure Partners.

What price target have analysts set for BIP?

10 brokerages have issued twelve-month price objectives for Brookfield Infrastructure Partners' shares. Their forecasts range from $41.00 to $52.00. On average, they anticipate Brookfield Infrastructure Partners' stock price to reach $47.45 in the next twelve months. This suggests a possible upside of 3.7% 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 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brookfield Infrastructure Partners.

Has Brookfield Infrastructure Partners been receiving favorable news coverage?

News stories about BIP stock have been trending positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brookfield Infrastructure Partners earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the immediate future. View News Stories for Brookfield Infrastructure Partners.

Who are some of Brookfield Infrastructure Partners' key competitors?

What other stocks do shareholders of Brookfield Infrastructure Partners own?

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), Omega Healthcare Investors (OHI), NVIDIA (NVDA), Blackstone Group (BX), Johnson & Johnson (JNJ), Intel (INTC), Verizon Communications (VZ) and QUALCOMM (QCOM).

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 Infrastructure Group (Age 53)
  • Mr. Jeffrey Wayne Kendrew, Managing Partner of Australia (Age 59)
  • Mr. Bahir Manios, Chief Financial Officer of Brookfield Infrastructure Group (Age 40)
  • Mr. Benjamin Michael Vaughan, Chief Operating Officer of Brookfield Infrastructure Group (Age 47)
  • Mr. Jonathan Kelly, Chief Investment Officer & Head of Utilities & Data infrastructure - Brookfield Infrastructure Group (Age 36)

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (6.44%), TD Asset Management Inc. (2.98%), Toronto Dominion Bank (1.75%), Connor Clark & Lunn Investment Management Ltd. (1.14%), CIBC Asset Management Inc (1.14%) and Scotia Capital Inc. (0.81%).

Which institutional investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Partners Value Investments LP, Toronto Dominion Bank, Morgan Stanley, AGF Investments Inc., TD Asset Management Inc., CIBC Private Wealth Group LLC, California Public Employees Retirement System and Nuveen Asset Management 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 Bank of Montreal Can, CIBC Asset Management Inc, Highstreet Asset Management Inc., Scotia Capital Inc., Renaissance Technologies LLC, Russell Investments Group Ltd., Colony Group LLC and Intact Investment Management Inc..

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 $45.77.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $12.81 billion and generates $4.65 billion in revenue each year. The utilities provider earns $329 million in net income (profit) each year or $0.59 on an earnings per share basis. View Additional Information About Brookfield Infrastructure Partners.

What is Brookfield Infrastructure Partners' official website?

The official website for Brookfield Infrastructure Partners is http://www.bip.brookfield.com/.

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 441-294-3309 or via email at [email protected]


MarketBeat Community Rating for Brookfield Infrastructure Partners (NYSE BIP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  426 (Vote Outperform)
Underperform Votes:  463 (Vote Underperform)
Total Votes:  889
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.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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