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

Brookfield Infrastructure Partners' stock was trading at $43.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BIP stock has decreased by 16.4% and is now trading at $36.58. View which stocks have been mosted impacted by Coronavirus.

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, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brookfield Infrastructure Partners.

Brookfield Infrastructure Partners is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. View our earnings forecast for Brookfield Infrastructure Partners.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) posted its quarterly earnings results on Monday, February, 10th. The utilities provider reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.84 by $0.91. The utilities provider had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.02 billion. Brookfield Infrastructure Partners had a return on equity of 1.43% and a net margin of 3.64%. The company's revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.82 earnings per share. View Brookfield Infrastructure Partners' earnings history.

Brookfield Infrastructure Partners declared a quarterly dividend on Monday, February 10th. Shareholders of record on Friday, February 28th will be given a dividend of $0.538 per share on Tuesday, March 31st. This represents a $2.15 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Thursday, February 27th. This is a positive change from Brookfield Infrastructure Partners's previous quarterly dividend of $0.50. View Brookfield Infrastructure Partners' dividend history.

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 payable 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.

10 brokerages have issued 12 month price objectives for Brookfield Infrastructure Partners' shares. Their forecasts range from $48.00 to $60.00. On average, they anticipate Brookfield Infrastructure Partners' share price to reach $53.90 in the next year. This suggests a possible upside of 47.3% from the stock's current price. View analysts' price targets for Brookfield Infrastructure Partners.

Headlines about BIP stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brookfield Infrastructure Partners earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutBrookfield Infrastructure Partners.

Some companies that are related to Brookfield Infrastructure Partners include Carnival (CCL), Royal Caribbean Cruises (RCL), Kirby (KEX), Carnival (CUK), Matson (MATX), Teekay Tankers (TNK), Teekay Lng Partners (TGP), International Seaways (INSW), Nordic American Tanker (NAT), Golar LNG (GLNG), Teekay Offshore Partners (TOO), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), GasLog (GLOG) and Tidewater (TDW).

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), Verizon Communications (VZ), Walt Disney (DIS), NVIDIA (NVDA), Cisco Systems (CSCO), AbbVie (ABBV), Johnson & Johnson (JNJ), QUALCOMM (QCOM) and Blackstone Group (BX).

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

Brookfield Infrastructure Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include M&R Capital Management Inc. (0.01%).

BIP stock was acquired by a variety of institutional investors in the last quarter, including M&R Capital Management Inc..

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, Robinhood, Fidelity, and Charles Schwab.

One share of BIP stock can currently be purchased for approximately $36.58.

Brookfield Infrastructure Partners has a market capitalization of $10.74 billion and generates $6.60 billion in revenue each year. The utilities provider earns $211 million in net income (profit) each year or $0.07 on an earnings per share basis.  View additional information about Brookfield Infrastructure Partners.

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

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]