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NYSE:BIP

Brookfield Infrastructure Partners Stock Forecast, Price & News

$50.06
+0.32 (+0.64 %)
(As of 12/3/2020 12:00 AM ET)
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Today's Range
$49.50
Now: $50.06
$50.46
50-Day Range
$42.82
MA: $48.14
$52.59
52-Week Range
$25.77
Now: $50.06
$56.31
Volume205,651 shs
Average Volume406,176 shs
Market Capitalization$14.78 billion
P/E RatioN/A
Dividend Yield3.90%
Beta0.86
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses in North and South America, Europe, and the Asia Pacific. 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; and approximately 6.7 million electricity and natural gas connections, as well as operates coal export terminals. The Transport segment offers transportation and storage services for freight, bulk commodities, and passengers through a network of 10,300 km of rails and 4,200 km of toll roads, as well as 37 port terminals. The Energy segment offers natural gas midstream and storage services through approximately 16,500 km of natural gas transmission pipelines; and 600 billion cubic feet of natural gas storage. This segment also provides heating and cooling services to commercial buildings and campuses, as well as serves approximately 1.6 million residential infrastructure customers. 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.
Brookfield Infrastructure Partners logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.83 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone441-294-3309
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.60 billion
Cash Flow$4.88 per share
Book Value$66.08 per share

Profitability

Net Income$211 million

Miscellaneous

Market Cap$14.78 billion
Next Earnings Date2/8/2021 (Estimated)
OptionableOptionable
$50.06
+0.32 (+0.64 %)
(As of 12/3/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Brookfield Infrastructure Partners (NYSE:BIP) Frequently Asked Questions

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

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 shares have increased by 14.4% and is now trading at $50.06.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Brookfield Infrastructure Partners
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Brookfield Infrastructure Partners?

Wall Street analysts have given Brookfield Infrastructure Partners a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Brookfield Infrastructure Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Brookfield Infrastructure Partners' next earnings date?

Brookfield Infrastructure Partners is scheduled to release its next quarterly earnings announcement on Monday, February 8th 2021.
View our earnings forecast for Brookfield Infrastructure Partners
.

How were Brookfield Infrastructure Partners' earnings last quarter?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) announced its earnings results on Saturday, November, 14th. The utilities provider reported ($0.12) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.73 by $0.85. The utilities provider had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $991.43 million. Brookfield Infrastructure Partners had a net margin of 1.14% and a return on equity of 0.47%. The company's revenue for the quarter was up 32.8% on a year-over-year basis. During the same period last year, the company earned $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 Tuesday, November 10th. Investors of record on Monday, November 30th will be paid a dividend of $0.485 per share on Thursday, December 31st. This represents a $1.94 annualized dividend and a yield of 3.88%. The ex-dividend date of this dividend is Friday, November 27th.
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 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 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?

11 equities research analysts have issued 12-month price targets for Brookfield Infrastructure Partners' stock. Their forecasts range from $45.00 to $66.00. On average, they anticipate Brookfield Infrastructure Partners' stock price to reach $53.55 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
View analysts' price targets for Brookfield Infrastructure Partners
.

Who are some of Brookfield Infrastructure Partners' key competitors?

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), The Walt Disney (DIS) and Intel (INTC).

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 Partners Limited (Age 54, Pay $491.81k)
  • Mr. Bahir Manios, Chief Financial Officer of Brookfield Infrastructure Partners Limited (Age 41, Pay $2.56M)
  • Mr. Benjamin Michael Vaughan, Chief Operating Officer of Brookfield Infrastructure Partners Limited (Age 48, Pay $954.89k)
  • Mr. Brian A. Baker, Chief Investment Officer and Head of Transport & Energy - Brookfield Infrastructure Partners Limited (Age 50, Pay $4.79M)
  • Mr. Jeffrey Wayne Kendrew BEng, MBA TechMgmt, MIPENZ, Managing Partner of Australia (Age 60)
  • Melissa Low, VP of Investor Relations
  • Ms. Claire Holland, VP of Communications
  • Mr. John Marcus Stinebaugh CFA, Managing Partner of Infrastructure (Age 53)
  • Mr. Michael Botha, Managing Director of Brookfield Infrastructure Partners Limited
  • Mr. Mark M. Bishop, MD & COO of Timber - Brookfield Infrastructure Partners Ltd

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 many different retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (2.91%), TD Asset Management Inc. (2.88%), The Manufacturers Life Insurance Company (1.83%), Neuberger Berman Group LLC (1.38%), Toronto Dominion Bank (1.38%) and CIBC Asset Management Inc (1.38%).

Which institutional investors are selling Brookfield Infrastructure Partners stock?

BIP stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, The Manufacturers Life Insurance Company, Connor Clark & Lunn Investment Management Ltd., Great West Life Assurance Co. Can, Great West Life Assurance Co. Can, Principal Financial Group Inc., CI Investments Inc., and JPMorgan Chase & Co..

Which institutional investors are buying Brookfield Infrastructure Partners stock?

BIP stock was bought by a variety of institutional investors in the last quarter, including Alps Advisors Inc., CIBC Private Wealth Group LLC, CIBC Asset Management Inc, Morgan Stanley, ArrowMark Colorado Holdings LLC, Toronto Dominion Bank, TD Asset Management Inc., and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.

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 $50.06.

How big of a company is Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has a market capitalization of $14.78 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.

What is Brookfield Infrastructure Partners' official website?

The official website for Brookfield Infrastructure Partners is 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 12/4/2020 by MarketBeat.com Staff

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