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

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$37.50 -0.38 (-1.00 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$37.88
Today's Range$37.46 - $37.90
52-Week Range$36.55 - $46.88
Volume178,400 shs
Average Volume284,778 shs
Market Capitalization$10.64 billion
P/E Ratio24.83
Dividend Yield4.89%
Beta0.98
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 Ratio24.83
Forward P/E Ratio12.02
P/E Growth1.23

Sales & Book Value

Annual Sales$3.54 billion
Price / Sales2.94
Cash Flow$4.3757 per share
Price / Cash Flow8.57
Book Value$46.58 per share
Price / Book0.81

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$10.64 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 annualized dividend and a dividend yield of 5.01%. 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?

Brookfield Infrastructure Partners's stock 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 has authorized a stock buyback plan on Wednesday, November 8th 2017, which allows the company to buyback 13,820,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its quarterly earnings data on Friday, November, 2nd. The utilities provider reported ($0.10) EPS for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.82. The utilities provider earned $1.17 billion during the quarter, compared to analyst estimates of $795 million. Brookfield Infrastructure Partners had a net margin of 8.22% and a return on equity of 3.54%. 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 brokerages have issued 12-month price targets for Brookfield Infrastructure Partners' shares. Their predictions range from $41.00 to $51.00. On average, they expect Brookfield Infrastructure Partners' share price to reach $46.20 in the next twelve months. This suggests a possible upside of 23.2% 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?

Media headlines about BIP stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brookfield Infrastructure Partners earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

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 a number of of institutional and retail investors. Top institutional investors include TD Asset Management Inc. (3.17%), Capital World Investors (2.14%), Neuberger Berman Group LLC (2.05%), Clearbridge Investments LLC (1.93%), Connor Clark & Lunn Investment Management Ltd. (1.61%) and Toronto Dominion Bank (1.47%).

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., Partners Value Investments LP, Renaissance Technologies LLC, Neuberger Berman Group LLC, Gluskin Sheff & Assoc Inc., CIBC World Markets Inc., AGF Investments Inc. and Russell Investments Group Ltd..

Which institutional investors are buying Brookfield Infrastructure Partners stock?

BIP stock was acquired by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, The Manufacturers Life Insurance Company, Connor Clark & Lunn Investment Management Ltd., CI Investments Inc., Toronto Dominion Bank, Capital World Investors, Montrusco Bolton Investments Inc. and Morgan Stanley.

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 $37.50.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $10.64 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:  362 (Vote Outperform)
Underperform Votes:  405 (Vote Underperform)
Total Votes:  767
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 12/14/2018 by MarketBeat.com Staff

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