S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68

Brookfield Infrastructure Partners (BIP) Stock Forecast, Price & News

$61.20
+0.57 (+0.94%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$60.41
$61.42
50-Day Range
$58.54
$67.99
52-Week Range
$52.92
$69.01
Volume
150,222 shs
Average Volume
269,164 shs
Market Capitalization
$18.68 billion
P/E Ratio
42.21
Dividend Yield
3.56%
Beta
0.79
30 days | 90 days | 365 days | Advanced Chart
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Brookfield Infrastructure Partners logo

About Brookfield Infrastructure Partners

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services. This segment also offers heating and cooling solutions; gas distribution; water heaters; and heating, ventilation, and air conditioner rental, as well as other home services. Its Transport segment offers transportation, storage, and handling services for merchandise goods, commodities, and passengers through a network of approximately 22,000 km of track; 5,500 km of track network; 4,800 km of rail; 3,800 km of motorways; and 13 port terminals. The company's Midstream segment offers natural gas transmission, gathering and processing, and storage services through approximately 15,000 km of natural gas transmission pipelines; 600 billion cubic feet of natural gas storage; 17 natural gas processing plants; and 3,900 km of gas gathering pipelines, as well as one petrochemical processing complex. Its Data segment operates approximately 148,000 operational telecom towers; 8,000 multi-purpose towers and active rooftop sites; 10,000 km of fiber backbone; 1,600 cell sites and approximately 12,000 km of fiber optic cable; and 2,100 active telecom towers and 70 distributed antenna systems, as well as 50 data centers and 200 megawatts of critical load capacity. The company was founded in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. is a subsidiary of Brookfield Asset Management Inc.

Headlines

Brookfield strikes £4bn deal for UK’s HomeServe
See More Headlines

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
N/A
Sector
Utilities
Employees
44,000
Year Founded
N/A

Sales & Book Value

Annual Sales
$11.54 billion
Cash Flow
$10.34 per share
Book Value
$85.36 per share

Profitability

Net Income
$766 million
Pretax Margin
26.24%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$18.68 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/31 Dividend
2/25/2022
Dividend Payable
3/31/2022
Last Earnings
5/04/2022
Today
5/21/2022
Ex-Dividend for 6/30 Dividend
5/27/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.93 out of 5 stars

Utilities Sector

6th out of 119 stocks

Water Transportation Industry

2nd out of 24 stocks

Analyst Opinion: 3.4Community Rank: 4.4Dividend Strength: 4.2Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -













Brookfield Infrastructure Partners (NYSE:BIP) Frequently Asked Questions

Is Brookfield Infrastructure Partners a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Brookfield Infrastructure Partners stock.
View analyst ratings for Brookfield Infrastructure Partners
or view top-rated stocks.

When is Brookfield Infrastructure Partners' next earnings date?

Brookfield Infrastructure Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Brookfield Infrastructure Partners
.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) released its quarterly earnings data on Wednesday, May, 4th. The utilities provider reported $0.02 EPS for the quarter, missing the consensus estimate of $0.95 by $0.93. The utilities provider earned $3.41 billion during the quarter, compared to analysts' expectations of $2.27 billion. Brookfield Infrastructure Partners had a trailing twelve-month return on equity of 3.40% and a net margin of 6.63%. The company's revenue was up 27.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.93 EPS.
View Brookfield Infrastructure Partners' earnings history
.

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 Wednesday, May 4th. Stockholders of record on Tuesday, May 31st will be paid a dividend of $0.54 per share on Thursday, June 30th. This represents a $2.16 annualized dividend and a dividend yield of 3.53%. The ex-dividend date of this dividend is Friday, May 27th.
View Brookfield Infrastructure Partners' dividend history
.

Is Brookfield Infrastructure Partners a good dividend stock?

Brookfield Infrastructure Partners pays an annual dividend of $2.16 per share and currently has a dividend yield of 3.56%. Brookfield Infrastructure Partners has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Brookfield Infrastructure Partners is 148.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Brookfield Infrastructure Partners will have a dividend payout ratio of 47.06% next year. This indicates that Brookfield Infrastructure Partners will be able to sustain or increase its dividend.
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 Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly issued shares will be distributed to shareholders after the market closes on Friday, June 10th 2022. An investor that had 100 shares of Brookfield Infrastructure Partners stock prior to the split would have 150 shares after the split.

What price target have analysts set for BIP?

9 Wall Street analysts have issued twelve-month price objectives for Brookfield Infrastructure Partners' stock. Their forecasts range from $63.00 to $74.00. On average, they expect Brookfield Infrastructure Partners' share price to reach $68.75 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts' price targets for Brookfield Infrastructure Partners
or view top-rated stocks among Wall Street analysts.

Who are Brookfield Infrastructure Partners' key executives?
Brookfield Infrastructure Partners' management team includes the following people:
  • Mr. Samuel J.B. Pollock, Chief Exec. Officer of Brookfield Infrastructure Partners Limited (Age 56, Pay $491.81k)
  • Mr. Benjamin Michael Vaughan, Chief Operating Officer of Brookfield Infrastructure Partners Limited (Age 49, Pay $954.89k)
  • Mr. Bahir Manios, Managing Partner of Infrastructure & Insurance Solutions and Chief Strategy Officer (Age 43, Pay $2.56M)
  • Mr. Brian A. Baker, Managing Partner & Regional Head of North America of Infrastructure (Age 52, Pay $4.79M)
  • Mr. David Krant CPA, CFO of Brookfield Infrastructure Partners Limited & Managing Partner of Infrastructure (Age 35)
  • Melissa Low, VP of Investor Relations
  • Ms. Claire Holland, Sr. VP of Communications
  • Mr. John Marcus Stinebaugh C.F.A., CFA, Managing Partner of Infrastructure (Age 55)
  • Mr. Michael John Botha, Managing Director of Brookfield Infrastructure Partners Limited
  • Mr. Michael J. Ryan, Managing Director of Infrastructure - Brookfield Infrastructure Partners Limited (Age 51)
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), Johnson & Johnson (JNJ), NVIDIA (NVDA), AbbVie (ABBV), QUALCOMM (QCOM), Verizon Communications (VZ), Walt Disney (DIS) and Intel (INTC).

What is Brookfield Infrastructure Partners' stock symbol?

Brookfield Infrastructure Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "BIP."

Who are Brookfield Infrastructure Partners' major shareholders?

Brookfield Infrastructure Partners' stock is owned by many different institutional and retail investors. Top institutional investors include Royal Bank of Canada (7.30%), Bank of Montreal Can (6.88%), Capital World Investors (6.44%), TD Asset Management Inc. (3.41%), 1832 Asset Management L.P. (3.25%) and Principal Financial Group Inc. (3.11%).

Which major investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Toronto Dominion Bank, Select Equity Group L.P., AGF Investments Inc., CIBC Asset Management Inc, Cibc World Market Inc., Royal Bank of Canada, and Davis Rea LTD..

Which major investors are buying Brookfield Infrastructure Partners stock?

BIP stock was purchased by a variety of institutional investors in the last quarter, including CCLA Investment Management Ltd, Goldman Sachs Group Inc., Connor Clark & Lunn Investment Management Ltd., Border to Coast Pensions Partnership Ltd, Principal Financial Group Inc., TD Asset Management Inc., 1832 Asset Management L.P., and Invesco Ltd..

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Brookfield Infrastructure Partners' stock price today?

One share of BIP stock can currently be purchased for approximately $61.20.

How much money does Brookfield Infrastructure Partners make?

Brookfield Infrastructure Partners has a market capitalization of $18.68 billion and generates $11.54 billion in revenue each year. The utilities provider earns $766 million in net income (profit) each year or $1.45 on an earnings per share basis.

How many employees does Brookfield Infrastructure Partners have?

Brookfield Infrastructure Partners employs 44,000 workers across the globe.

What is Brookfield Infrastructure Partners' official website?

The official website for Brookfield Infrastructure Partners is 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, via email at [email protected], or via fax at 416-365-9642.

This page was last updated on 5/21/2022 by MarketBeat.com Staff

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