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About Brookfield Infrastructure Partners (NYSE:BIP)
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
Industry Water transportation
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:BIP
CUSIPN/A
Phone416-363-9491
Debt
Debt-to-Equity RatioN/A
Current Ratio0.10
Quick Ratio0.10
Price-To-Earnings
Trailing P/E Ratio25.25
Forward P/E Ratio11.52
P/E Growth1.28
Sales & Book Value
Annual Sales$3.54 billion
Price / Sales3.73
Cash Flow$4.4859 per share
Price / Cash8.50
Book Value$37.21 per share
Price / Book1.02
Profitability
EPS (Most Recent Fiscal Year)$1.51
Net Income$124 million
Net Margins5.40%
Return on Equity2.31%
Return on Assets1.01%
Miscellaneous
EmployeesN/A
Outstanding Shares345,500,000
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, May 2nd. Shareholders of record on Thursday, May 31st will be given a dividend of $0.94 per share on Friday, June 29th. This represents a $3.76 annualized dividend and a yield of 9.86%. The ex-dividend date of this dividend is Wednesday, May 30th. This is a boost from Brookfield Infrastructure Partners's previous quarterly dividend of $0.47. 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 Thursday, September 15th 2016. The 3-2 split was announced on Monday, August 15th 2016. The newly minted shares were payable to shareholders after the closing bell 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 initiated a share buyback program on Wednesday, November 8th 2017, which authorizes the company to repurchase 13,820,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.
How were Brookfield Infrastructure Partners' earnings last quarter?
Brookfield Infrastructure Partners (NYSE:BIP) posted its quarterly earnings results on Wednesday, May, 2nd. The utilities provider reported $0.42 EPS for the quarter, missing the Zacks' consensus estimate of $0.86 by $0.44. The utilities provider earned $1.01 billion during the quarter, compared to the consensus estimate of $946 million. Brookfield Infrastructure Partners had a net margin of 5.40% and a return on equity of 2.31%. View Brookfield Infrastructure Partners' Earnings History.
When is Brookfield Infrastructure Partners' next earnings date?
What price target have analysts set for BIP?
9 brokerages have issued 1 year price objectives for Brookfield Infrastructure Partners' stock. Their forecasts range from $44.00 to $51.00. On average, they expect Brookfield Infrastructure Partners' stock price to reach $46.5833 in the next twelve months. 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 Cruise Line (CCL), Royal Caribbean Cruises (RCL), Carnival (CUK), Kirby (KEX), Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Teekay Lng Partners (TGP), Golar LNG Partners (GMLP), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners (GLOP), Kenon (KEN), Tidewater (TDW) and KNOT Offshore Partners (KNOP).
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, Chief Operating Officer (Age 44)
Has Brookfield Infrastructure Partners been receiving favorable news coverage?
News articles about BIP stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brookfield Infrastructure Partners earned a news impact score of 0.17 on Accern's scale. They also gave headlines about the utilities provider an impact score of 46.95 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
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 Principal Financial Group Inc. (2.62%), Neuberger Berman Group LLC (1.80%), The Manufacturers Life Insurance Company (1.25%), Toronto Dominion Bank (0.91%), Sentry Investments Corp. (0.84%) and Fiera Capital Corp (0.63%). View Institutional Ownership Trends for Brookfield Infrastructure Partners.
Which institutional investors are selling Brookfield Infrastructure Partners stock?
BIP stock was sold by a variety of institutional investors in the last quarter, including Sentry Investments Corp., AGF Investments Inc., Neuberger Berman Group LLC, Atlantic Trust Group LLC, Nuveen Asset Management LLC, Franklin Resources Inc., Cannell Peter B & Co. Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for Brookfield Infrastructure Partners.
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 World Markets Inc., The Manufacturers Life Insurance Company , Intact Investment Management Inc., Toronto Dominion Bank, CIBC Asset Management Inc, Fiera Capital Corp, Principal Financial Group Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Brookfield Infrastructure Partners.
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 $38.13.
How big of a company is Brookfield Infrastructure Partners?
Brookfield Infrastructure Partners has a market capitalization of $13.17 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 416-363-9491 or via email at [email protected]
MarketBeat Community Rating for Brookfield Infrastructure Partners (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.
Brookfield Infrastructure Partners (NYSE:BIP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Brookfield Infrastructure Partners in the last 12 months. Their average twelve-month price target is $46.5833, suggesting that the stock has a possible upside of 22.17%. The high price target for BIP is $51.00 and the low price target for BIP is $44.00. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.89 | 2.89 | 2.78 | 2.78 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $46.5833 | $47.8056 | $47.25 | $50.50 |
| Price Target Upside: | 22.17% upside | 18.04% upside | 15.41% upside | 15.03% upside |
Brookfield Infrastructure Partners (NYSE:BIP) Consensus Price Target History
Brookfield Infrastructure Partners (NYSE:BIP) Analyst Ratings History
Show:
(Data available from 5/27/2016 forward)
Brookfield Infrastructure Partners (NYSE:BIP) Dividend Information
Brookfield Infrastructure Partners pays an annual dividend of $1.88 per share, with a dividend yield of 4.93%. BIP's next quarterly dividend payment will be made on Friday, June 29. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 10.80% each year. Brookfield Infrastructure Partners pays out 124.50% of its earnings out as a dividend.
| Next Dividend: | 6/29/2018 |
| Annual Dividend: | $1.88 |
| Dividend Yield: | 4.93% |
| Dividend Growth: | 10.80% (3 Year Average) |
| Payout Ratio(s): | 124.50% (Trailing 12 Months of Earnings)
56.80% (Based on This Year's Estimates)
49.74% (Based on Next Year's Estimates)
41.91% (Based on Cash Flow)
|
| Track Record: | 8 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Brookfield Infrastructure Partners (NYSE:BIP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/2/2018 | Quarterly | $0.94 | 9.5% | 5/30/2018 | 5/31/2018 | 6/29/2018 |
| 2/9/2018 | quarterly | $0.47 | 4.66% | 2/27/2018 | 2/28/2018 | 3/29/2018 |
| 11/7/2017 | quarterly | $0.4350 | 4.02% | 11/29/2017 | 11/30/2017 | 12/29/2017 |
| 8/4/2017 | Quarterly | $0.4350 | 4.19% | 8/29/2017 | 8/31/2017 | 9/29/2017 |
| 5/9/2017 | quarterly | $0.4350 | 4.39% | 5/26/2017 | 5/31/2017 | 6/30/2017 |
| 2/3/2017 | quarterly | $0.4350 | 4.93% | 2/24/2017 | 2/28/2017 | 3/31/2017 |
| 11/9/2016 | quarterly | $0.2911 | 3.43% | 11/28/2016 | 11/30/2016 | 12/30/2016 |
| 8/4/2016 | quarterly | $0.59 | 4.86% | 8/29/2016 | 8/31/2016 | 9/30/2016 |
| 5/6/2016 | quarterly | $0.57 | 5.27% | 5/26/2016 | 5/31/2016 | 6/30/2016 |
| 2/3/2016 | Quarterly | $0.57 | 6.18% | 2/25/2016 | 2/29/2016 | 3/31/2016 |
| 11/5/2015 | quarterly | $0.53 | 5.06% | 11/25/2015 | 11/30/2015 | 12/31/2015 |
| 8/6/2015 | quarterly | $0.53 | 5.14% | 8/27/2015 | 8/31/2015 | 9/30/2015 |
| 5/5/2015 | quarterly | $0.53 | 4.8% | 5/27/2015 | 5/29/2015 | 6/30/2015 |
| 2/5/2015 | quarterly | $0.53 | 4.66% | 2/25/2015 | 2/27/2015 | 3/31/2015 |
| 11/6/2014 | quarterly | $0.48 | 4.85% | 11/25/2014 | 11/28/2014 | 12/31/2014 |
| 8/6/2014 | quarterly | $0.48 | 4.89% | 8/27/2014 | 8/29/2014 | 9/30/2014 |
| 5/5/2014 | quarterly | $0.48 | 4.86% | 5/28/2014 | 5/30/2014 | 6/30/2014 |
| 2/6/2014 | quarterly | $0.48 | 5.36% | 2/26/2014 | 2/28/2014 | 3/31/2014 |
| 11/7/2013 | quarterly | $0.43 | 4.33% | 11/26/2013 | 11/29/2013 | 12/31/2013 |
| 8/7/2013 | quarterly | $0.43 | 4.68% | 8/28/2013 | 8/30/2013 | 9/30/2013 |
| 5/3/2013 | quarterly | $0.43 | 4.47% | 5/29/2013 | 5/31/2013 | 6/28/2013 |
| 2/11/2013 | quarterly | $0.43 | 4.37% | 2/26/2013 | 2/28/2013 | 3/29/2013 |
(Data available from 1/1/2013 forward)
Brookfield Infrastructure Partners (NYSE BIP) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 38.20%
Brookfield Infrastructure Partners (NYSE BIP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Brookfield Infrastructure Partners (NYSE BIP) News Headlines
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Brookfield Infrastructure Partners (NYSE:BIP) SEC Filings
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Brookfield Infrastructure Partners (NYSE:BIP) Income Statement, Balance Sheet and Cash Flow Statement
Brookfield Infrastructure Partners (NYSE BIP) Stock Chart for Sunday, May, 27, 2018
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