Brookfield Infrastructure Partners - BIP Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BIP shares.
View BIP analyst ratings or view top-rated stocks.

7 equities research analysts have issued 12-month target prices for Brookfield Infrastructure Partners' stock. Their BIP share price forecasts range from $38.00 to $49.50. On average, they predict the company's share price to reach $45.02 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price.
View analysts price targets for BIP or view top-rated stocks among Wall Street analysts.

Brookfield Infrastructure Partners' stock was trading at $30.99 at the beginning of the year. Since then, BIP stock has increased by 14.0% and is now trading at $35.34.
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Brookfield Infrastructure Partners saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,940,000 shares, an increase of 6.9% from the December 31st total of 2,750,000 shares. Based on an average trading volume of 496,500 shares, the days-to-cover ratio is currently 5.9 days.
View Brookfield Infrastructure Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our BIP earnings forecast.

Brookfield Infrastructure Partners will be holding an earnings conference call on Thursday, February 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) posted its quarterly earnings results on Tuesday, November, 2nd. The utilities provider reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by $0.11. The utilities provider had revenue of $2.94 billion for the quarter. Brookfield Infrastructure Partners had a net margin of 2.80% and a trailing twelve-month return on equity of 1.56%. The firm's revenue for the quarter was up 33.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 earnings per share.

Brookfield Infrastructure Partners announced a quarterly dividend on Wednesday, November 2nd. Investors of record on Wednesday, November 30th will be paid a dividend of $0.36 per share on Friday, December 30th. This represents a $1.44 annualized dividend and a dividend yield of 4.07%. The ex-dividend date is Tuesday, November 29th.
Read our dividend analysis for BIP.

Brookfield Infrastructure Partners (NYSE:BIP) pays an annual dividend of $1.44 per share and currently has a dividend yield of 4.10%. BIP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 553.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BIP will have a dividend payout ratio of 47.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BIP.

Shares of Brookfield Infrastructure Partners split before market open on Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly created shares were distributed to shareholders after the closing bell on Friday, June 10th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

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).

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

Brookfield Infrastructure Partners' stock is owned by many different institutional and retail investors. Top institutional investors include National Bank of Canada FI (0.57%), Montrusco Bolton Investments Inc. (0.42%), Nexus Investment Management ULC (0.22%), Baskin Financial Services Inc. (0.13%), Leith Wheeler Investment Counsel Ltd. (0.08%) and Sequoia Financial Advisors LLC (0.06%).

Shares of BIP stock 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.
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One share of BIP stock can currently be purchased for approximately $35.34.

Brookfield Infrastructure Partners (NYSE:BIP) has a market capitalization of $16.20 billion and generates $11.54 billion in revenue each year. The utilities provider earns $766 million in net income (profit) each year or $0.26 on an earnings per share basis.

The company employs 44,000 workers across the globe.

Brookfield Infrastructure Partners' mailing address is 73 FRONT STREET, HAMILTON D0, HM12. The official website for the company is www.bip.brookfield.com. The utilities provider can be reached via phone at (441) 294-3309, via email at bip.enquiries@brookfield.com, or via fax at 416-365-9642.