NYSE:BIPBrookfield Infrastructure Partners Stock Price, Forecast & News

$40.24

+1.83 (+4.76 %)

(As of 04/8/2020 03:20 PM ET)

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Today's Range

$38.13

Now: $40.24▼

$40.61

50-Day Range

$27.11

MA: $44.38▼

$56.26

52-Week Range

$25.77

Now: $40.24▼

$56.31

Volume224,892 shs

Average Volume562,837 shs

Market Capitalization$11.81 billion

P/E Ratio574.94

Dividend Yield5.74%

Beta1.06

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The 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 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals. The 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 4,200 km of motorways in Brazil, Chile, Peru, and India; and 37 port terminals in North America, the United Kingdom, Australia, and Europe. The Energy segment offers natural gas midstream 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 and cooling services to customers, and energy solutions, as well as serves approximately 24,900 natural gas, water, and wastewater connections. In addition, the Energy segment provides water heater rental; heating, ventilation, and air conditioner rental; and other home services in Canada and the United States, as well as 270,000 contracted sub-metering services with in Canada. The Data Infrastructure segment offers services and critical infrastructure to the media broadcasting and telecom sectors; and data storage services and infrastructure to enterprise customers. 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.

Beat the Market (BTM) Rank^™

4.5 Analyst's Opinion

Consensus Rating
Brookfield Infrastructure Partners has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $51.80, Brookfield Infrastructure Partners has a potential upside of 28.7% from its current price of $40.24.
Amount of Analyst Coverage
Brookfield Infrastructure Partners has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Brookfield Infrastructure Partners has received 492 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Brookfield Infrastructure Partners has received 522 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Brookfield Infrastructure Partners has received 51.48% “underperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
Brookfield Infrastructure Partners is a leading dividend payer. It pays a dividend yield of 5.74%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Brookfield Infrastructure Partners has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of Brookfield Infrastructure Partners is 3,071.43 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Brookfield Infrastructure Partners will have a dividend payout ratio of 55.41 % next year. This indicates that Brookfield Infrastructure Partners will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Brookfield Infrastructure Partners insiders have not sold or bought any company stock.
Percentage Held by Institutions
47.64% of the stock of Brookfield Infrastructure Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Brookfield Infrastructure Partners are expected to grow by 10.54% in the coming year, from $3.51 to $3.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Brookfield Infrastructure Partners is 574.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Brookfield Infrastructure Partners is 574.94, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 28.74.
Price to Earnings Growth Ratio
Brookfield Infrastructure Partners has a PEG Ratio of 0.85. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Brookfield Infrastructure Partners has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.90 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Water transportation

Sub-IndustryN/A

SectorUtilities

Current SymbolNYSE:BIP

Previous Symbol

CUSIPN/A

CIK1406234

Webhttp://www.bip.brookfield.com/

Phone441-294-3309

Debt

Debt-to-Equity Ratio0.92

Current Ratio1.07

Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio574.94

Forward P/E Ratio11.46

P/E Growth0.85

Sales & Book Value

Annual Sales$6.60 billion

Price / Sales1.79

Cash Flow$5.52 per share

Price / Cash Flow7.29

Book Value$72.37 per share

Price / Book0.56

Profitability

EPS (Most Recent Fiscal Year)$0.07

Net Income$211 million

Net Margins3.64%

Return on Equity1.43%

Return on Assets0.53%

Miscellaneous

EmployeesN/A

Outstanding Shares293,528,000

Market Cap$11.81 billion

Next Earnings Date5/8/2020 (Confirmed)

OptionableOptionable

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Brookfield Infrastructure Partners (NYSE:BIP) Frequently Asked Questions

How has Brookfield Infrastructure Partners' stock been impacted by COVID-19 (Coronavirus)?

Brookfield Infrastructure Partners' stock was trading at $43.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BIP shares have decreased by 8.0% and is now trading at $40.24. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Brookfield Infrastructure Partners?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brookfield Infrastructure Partners.

When is Brookfield Infrastructure Partners' next earnings date?

Brookfield Infrastructure Partners is scheduled to release its next quarterly earnings announcement on Friday, May 8th 2020. View our earnings forecast for Brookfield Infrastructure Partners.

How can I listen to Brookfield Infrastructure Partners' earnings call?

Brookfield Infrastructure Partners will be holding an earnings conference call on Friday, May 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced 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 the consensus estimate of $1.02 billion. Brookfield Infrastructure Partners had a net margin of 3.64% and a return on equity of 1.43%. The company's revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.82 earnings per share. View Brookfield Infrastructure Partners' earnings history.

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 Monday, February 10th. Investors 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 dividend on an annualized basis and a yield of 5.35%. The ex-dividend date is Thursday, February 27th. This is an increase from Brookfield Infrastructure Partners's previous quarterly dividend of $0.50. 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 issued 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.

What price target have analysts set for BIP?

10 brokerages have issued 1 year price objectives for Brookfield Infrastructure Partners' stock. Their forecasts range from $45.00 to $58.00. On average, they expect Brookfield Infrastructure Partners' stock price to reach $51.80 in the next year. This suggests a possible upside of 28.7% from the stock's current price. View analysts' price targets for Brookfield Infrastructure Partners.

Has Brookfield Infrastructure Partners been receiving favorable news coverage?

Media headlines about BIP stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog 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 headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutBrookfield Infrastructure Partners.

Who are some of Brookfield Infrastructure Partners' key competitors?

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

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

Who are Brookfield Infrastructure Partners' key executives?

Brookfield Infrastructure Partners' management team includes the following people:

Mr. Samuel J. B. Pollock, Chief Exec. Officer of Brookfield Infrastructure Group (Age 53)
Mr. Jeffrey Wayne Kendrew, Managing Partner of Australia (Age 59)
Mr. Bahir Manios, Chief Financial Officer of Brookfield Infrastructure Group (Age 40)
Mr. Benjamin Michael Vaughan, Chief Operating Officer of Brookfield Infrastructure Group (Age 47)
Mr. Jonathan Kelly, Chief Investment Officer & Head of Utilities & Data infrastructure - Brookfield Infrastructure Group (Age 36)

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 investors include Callahan Advisors LLC (0.03%) and M&R Capital Management Inc. (0.01%).

Which institutional investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Callahan Advisors LLC.

Which institutional investors are buying Brookfield Infrastructure Partners stock?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Brookfield Infrastructure Partners' stock price today?

One share of BIP stock can currently be purchased for approximately $40.24.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $11.81 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.

What is Brookfield Infrastructure Partners' official website?

The official website for Brookfield Infrastructure Partners is http://www.bip.brookfield.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 441-294-3309 or via email at [email protected]

This page was last updated on 4/8/2020 by MarketBeat.com Staff

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NYSE:BIPBrookfield Infrastructure Partners Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

4.5 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage