TSE:BIP.UN

Brookfield Infrastructure Partners (BIP.UN) Stock Price, News & Analysis

C$37.98
-0.12 (-0.31%)
(As of 04/24/2024 ET)
Today's Range
C$37.55
C$38.47
50-Day Range
C$34.61
C$43.09
52-Week Range
C$29.12
C$50.36
Volume
272,985 shs
Average Volume
466,753 shs
Market Capitalization
C$17.52 billion
P/E Ratio
199.89
Dividend Yield
5.77%
Price Target
C$40.00

Brookfield Infrastructure Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
5.3% Upside
C$40.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.58 out of 5 stars

BIP.UN stock logo

About Brookfield Infrastructure Partners Stock (TSE:BIP.UN)

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.

BIP.UN Stock Price History

BIP.UN Stock News Headlines

Brookfield Infrastructure Partners LP (BIP_pb)
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Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Diversified
Sub-Industry
N/A
Current Symbol
TSE:BIP.UN
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$40.00
High Stock Price Target
C$40.00
Low Stock Price Target
C$40.00
Potential Upside/Downside
+5.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$87 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$17.93 billion
Cash Flow
C$3.71 per share
Book Value
C$11.53 per share

Miscellaneous

Free Float
N/A
Market Cap
C$17.58 billion
Optionable
Not Optionable
Beta
0.97
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Key Executives

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

Should I Buy Brookfield Infrastructure Partners Stock? BIP.UN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Brookfield Infrastructure Partners L.P.:

  • Brookfield Infrastructure Partners has shown solid Funds From Operations (FFO) growth, indicating financial strength and stability.
  • The company offers a 6% yield, providing investors with a steady income stream.
  • Brookfield Infrastructure Partners has a diverse portfolio of utilities, transport, energy, and data infrastructure businesses, reducing risk through sector diversification.
  • The company has a track record of strategic investments and acquisitions that have contributed to its growth and expansion.
  • Considering the current stock price, Brookfield Infrastructure Partners may present a favorable entry point for investors seeking value.

Cons

Investors should be bearish about investing in Brookfield Infrastructure Partners L.P. for these reasons:

  • Market volatility and economic uncertainties could impact the performance of infrastructure-related businesses, affecting Brookfield Infrastructure Partners.
  • Regulatory changes in the sectors where Brookfield Infrastructure Partners operates may pose risks to the company's operations and profitability.
  • Interest rate fluctuations could affect the cost of capital for infrastructure projects, potentially impacting Brookfield Infrastructure Partners' financial performance.
  • Global geopolitical events and trade tensions could introduce instability in the markets where Brookfield Infrastructure Partners operates, affecting its business operations.
  • Changes in commodity prices, such as natural gas and coal, could impact the revenue and profitability of Brookfield Infrastructure Partners' energy-related businesses.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Brookfield Infrastructure Partners pros and cons to contact@marketbeat.com.

BIP.UN Stock Analysis - Frequently Asked Questions

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

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

What is Brookfield Infrastructure Partners' stock price target for 2024?

1 Wall Street research analysts have issued 12-month target prices for Brookfield Infrastructure Partners' stock. Their BIP.UN share price targets range from C$40.00 to C$40.00. On average, they expect the company's share price to reach C$40.00 in the next year. This suggests a possible upside of 5.3% from the stock's current price.
View analysts price targets for BIP.UN
or view top-rated stocks among Wall Street analysts.

How have BIP.UN shares performed in 2024?

Brookfield Infrastructure Partners' stock was trading at C$41.76 at the beginning of the year. Since then, BIP.UN shares have decreased by 9.1% and is now trading at C$37.98.
View the best growth stocks for 2024 here
.

Is Brookfield Infrastructure Partners a good dividend stock?

Brookfield Infrastructure Partners (TSE:BIP.UN) pays an annual dividend of C$2.19 per share and currently has a dividend yield of 5.60%. BIP.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,152.63%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BIP.UN.

How do I buy shares of Brookfield Infrastructure Partners?

Shares of BIP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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This page (TSE:BIP.UN) was last updated on 4/24/2024 by MarketBeat.com Staff

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