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

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$40.23 +0.08 (+0.20 %)
(As of 11/14/2018 05:47 AM ET)
Previous Close$40.15
Today's Range$39.70 - $40.30
52-Week Range$36.84 - $46.88
Volume184,600 shs
Average Volume262,936 shs
Market Capitalization$11.12 billion
P/E Ratio45.11
Dividend Yield4.68%
Beta0.96
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Water transportation
Sub-IndustryN/A
SectorUtilities
Current SymbolNYSE:BIP
Previous Symbol
CUSIPN/A
Phone441-296-4480

Debt

Debt-to-Equity RatioN/A
Current Ratio0.12
Quick Ratio0.12

Price-To-Earnings

Trailing P/E Ratio45.11
Forward P/E Ratio12.89
P/E Growth1.29

Sales & Book Value

Annual Sales$3.54 billion
Price / Sales3.15
Cash Flow$4.4950 per share
Price / Cash8.95
Book Value$40.40 per share
Price / Book1.00

Profitability

EPS (Most Recent Fiscal Year)$1.51
Net Income$124 million
Net Margins8.22%
Return on Equity3.54%
Return on Assets1.47%

Miscellaneous

EmployeesN/A
Outstanding Shares276,880,000
Market Cap$11.12 billion
OptionableOptionable

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 Friday, November 2nd. Stockholders of record on Friday, November 30th will be given a dividend of $0.47 per share on Monday, December 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.67%. The ex-dividend date of this dividend is Thursday, November 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 before market open on Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly created shares were distributed 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 authorized a share buyback program on Wednesday, November 8th 2017, which permits the company to repurchase 13,820,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) posted its earnings results on Friday, November, 2nd. The utilities provider reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.72 by $0.82. The utilities provider had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $795 million. Brookfield Infrastructure Partners had a return on equity of 3.54% and a net margin of 8.22%. 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, February 8th 2019. View Earnings Estimates for Brookfield Infrastructure Partners.

What price target have analysts set for BIP?

11 analysts have issued 1-year target prices for Brookfield Infrastructure Partners' shares. Their forecasts range from $43.00 to $51.00. On average, they anticipate Brookfield Infrastructure Partners' share price to reach $46.40 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for Brookfield Infrastructure Partners.

What is the consensus analysts' recommendation for Brookfield Infrastructure Partners?

11 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 10 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 headlines about BIP stock have trended somewhat negative recently, according to InfoTrie. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. 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 -1.7 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days.

Who are some of Brookfield Infrastructure Partners' key competitors?

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)

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include TD Asset Management Inc. (3.17%), Connor Clark & Lunn Investment Management Ltd. (1.61%), Toronto Dominion Bank (1.47%), CIBC Asset Management Inc (0.77%), CIBC World Markets Inc. (0.76%) and CI Investments Inc. (0.70%).

Which institutional investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Renaissance Technologies LLC, Gluskin Sheff & Assoc Inc., CIBC World Markets Inc., AGF Investments Inc., Russell Investments Group Ltd., Credit Suisse AG and Woodmont Investment Counsel 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 CIBC Asset Management Inc, Connor Clark & Lunn Investment Management Ltd., CI Investments Inc., Toronto Dominion Bank, Montrusco Bolton Investments Inc., Cornerstone Wealth Management LLC, Intact Investment Management Inc. and FMR LLC.

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 $40.23.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $11.12 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.

What is Brookfield Infrastructure Partners' official website?

The official website for Brookfield Infrastructure Partners is http://www.brookfieldinfrastructure.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 441-296-4480 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:  356 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  754
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 11/14/2018 by MarketBeat.com Staff

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