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S&P 500   3,941.26
DOW   33,596.34
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Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs

Brookfield Infrastructure Partners - BIP Stock Forecast, Price & News

$33.88
-1.05 (-3.01%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.44
$34.91
50-Day Range
$32.79
$37.95
52-Week Range
$32.09
$46.01
Volume
769,856 shs
Average Volume
382,882 shs
Market Capitalization
$15.53 billion
P/E Ratio
130.31
Dividend Yield
4.12%
Price Target
$45.20

Brookfield Infrastructure Partners MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
33.4% Upside
$45.20 Price Target
Short Interest
Bearish
0.95% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.56
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
12.59%
From $2.70 to $3.04 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Finance Sector

366th out of 872 stocks

Water Transportation Industry

6th out of 17 stocks

BIP stock logo

About Brookfield Infrastructure Partners (NYSE:BIP) Stock

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.

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BIP Stock News Headlines

Brookfield Infrastructure Partners LP (BIP)
Why I Own Brookfield Infrastructure Partners
Buy These 3 Stocks Now for Decades of Passive Income
If I Could Buy Only 1 Stock-Split Stock, This Would Be It
Elusive Cash Of Brookfield Business Partners
Brookfield Infrastructure Partners L.P - Unit
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BIP Company Calendar

Ex-Dividend for 9/29 Dividend
8/30/2022
Dividend Payable
9/29/2022
Last Earnings
11/02/2022
Ex-Dividend for 12/30 Dividend
11/29/2022
Today
12/06/2022
Dividend Payable
12/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/01/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$45.20
High Stock Price Forecast
$49.50
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+33.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$766 million
Pretax Margin
14.66%

Debt

Sales & Book Value

Annual Sales
$11.54 billion
Cash Flow
$6.55 per share
Book Value
$55.15 per share

Miscellaneous

Free Float
N/A
Market Cap
$15.53 billion
Optionable
Optionable
Beta
0.77

Key Executives

  • Mr. Samuel J.B. Pollock (Age 56)
    Managing Partner & CEO of Brookfield Infrastructure Partners Limited
    Comp: $491.81k
  • Mr. Benjamin Michael Vaughan (Age 50)
    COO of Brookfield Infrastructure Partners Limited & Managing Partner of Infrastructure
    Comp: $954.89k
  • Mr. Brian A. Baker (Age 52)
    Managing Partner & Regional Head of North America of Infrastructure
    Comp: $4.79M
  • Mr. David Krant CPA (Age 35)
    CFO of Brookfield Infrastructure Partners Limited & Managing Partner of Infrastructure
  • Melissa Low
    VP of Investor Relations
  • Ms. Claire Holland
    Sr. VP of Communications
  • Mr. John Marcus Stinebaugh C.F.A. (Age 55)
    CFA, Managing Partner of Infrastructure
  • Mr. Michael John Botha
    Managing Director of Brookfield Infrastructure Partners Limited
  • Mr. Michael J. Ryan (Age 51)
    Managing Director of Infrastructure - Brookfield Infrastructure Partners Limited
  • Mr. Carlos David Castro
    Managing Director of Brookfield Infrastructure Partners Limited













BIP Stock - Frequently Asked Questions

Should I buy or sell Brookfield Infrastructure Partners stock right now?

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

What is Brookfield Infrastructure Partners' stock price forecast for 2023?

7 Wall Street analysts have issued twelve-month target prices for Brookfield Infrastructure Partners' shares. Their BIP share price forecasts range from $38.00 to $49.50. On average, they predict the company's stock price to reach $45.20 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
View analysts price targets for BIP
or view top-rated stocks among Wall Street analysts.

How have BIP shares performed in 2022?

Brookfield Infrastructure Partners' stock was trading at $40.54 at the beginning of the year. Since then, BIP shares have decreased by 16.4% and is now trading at $33.88.
View the best growth stocks for 2022 here
.

Are investors shorting Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 4,340,000 shares, an increase of 346.3% from the October 31st total of 972,500 shares. Based on an average daily volume of 409,300 shares, the days-to-cover ratio is presently 10.6 days.
View Brookfield Infrastructure Partners' Short Interest
.

When is Brookfield Infrastructure Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our BIP earnings forecast
.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) released its quarterly earnings data on Wednesday, November, 2nd. The utilities provider reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by $0.55. The utilities provider had revenue of $3.63 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%.

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, November 2nd. Stockholders of record on Wednesday, November 30th will be given a dividend of $0.36 per share on Friday, December 30th. This represents a $1.44 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date of this dividend is Tuesday, November 29th.
Read our dividend analysis for BIP
.

Is Brookfield Infrastructure Partners a good dividend stock?

Brookfield Infrastructure Partners (NYSE:BIP) pays an annual dividend of $1.44 per share and currently has a dividend yield of 4.12%. BIP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. 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 47.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BIP.

When did Brookfield Infrastructure Partners' stock split?

Brookfield Infrastructure Partners's stock split on Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly issued 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.

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 a variety of retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (7.99%), TD Asset Management Inc. (3.49%), The Manufacturers Life Insurance Company (2.47%), Neuberger Berman Group LLC (1.22%), CIBC Asset Management Inc (1.13%) and Toronto Dominion Bank (1.13%).

How do I buy shares of Brookfield Infrastructure Partners?

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.
Compare Top Brokerages Here.

What is Brookfield Infrastructure Partners' stock price today?

One share of BIP stock can currently be purchased for approximately $33.88.

How much money does Brookfield Infrastructure Partners make?

Brookfield Infrastructure Partners (NYSE:BIP) has a market capitalization of $15.53 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.

How many employees does Brookfield Infrastructure Partners have?

The company employs 44,000 workers across the globe.

How can I contact Brookfield Infrastructure Partners?

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.

This page (NYSE:BIP) was last updated on 12/7/2022 by MarketBeat.com Staff