Brookfield Infrastructure Partners L.P. (BIP)

NYSE: BIP · Real-Time Price · USD
31.36
+0.36 (1.16%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.16%
Market Cap 14.66B
Revenue (ttm) 20.57B
Net Income (ttm) -153.00M
Shares Out 467.57M
EPS (ttm) -0.33
PE Ratio n/a
Forward PE 61.79
Dividend $1.62 (5.17%)
Ex-Dividend Date Nov 29, 2024
Volume 745,206
Open 30.60
Previous Close 31.00
Day's Range 30.52 - 31.55
52-Week Range 24.84 - 36.50
Beta 1.05
Analysts Strong Buy
Price Target 37.50 (+19.58%)
Earnings Date Jan 30, 2025

About BIP

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 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 8.1 million electricity and natural gas connections; and 0.6 million long-term contracted sub-metering services. This segment also offers heating, cooling, and energy solutions; gas distribution; water heaters; and heating, ventilation, and air co... [Read more]

Sector Utilities
IPO Date Jan 22, 2008
Employees 241,400
Stock Exchange NYSE
Ticker Symbol BIP
Full Company Profile

Financial Performance

In 2023, BIP's revenue was $17.93 billion, an increase of 24.29% compared to the previous year's $14.43 billion. Earnings were $87.00 million, a change of 0.00%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BIP stock is "Strong Buy." The 12-month stock price forecast is $37.5, which is an increase of 19.58% from the latest price.

Price Target
$37.5
(19.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Brookfield Infrastructure Announces Closing Date of Reorganization

BROOKFIELD, News, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and Brookfield Infrastructure Corporation (“BIPC”) (TSX, NYSE: BIPC) today ...

15 hours ago - GlobeNewsWire

The Federal Reserve Just Gave Dividend Investors A Huge Christmas Gift

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Very Bad News For Utilities Stocks

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BIP Investment Corporation Announces Results of Special Meeting and Intention to Redeem Series 1 Preferred Shares

BROOKFIELD, NEWS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- BIP Investment Corporation (“BIPIC”) (TSX: BIK.PR.A), an indirect subsidiary of Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”...

18 days ago - GlobeNewsWire

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Brookfield Infrastructure Completes 30-Year Subordinated Note Offering

All amounts in U.S. dollars BROOKFIELD, News, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (“Brookfield Infrastructure”) today announced the closi...

21 days ago - GlobeNewsWire

The 8 Stocks And 1 ETF On My Buy List Going Into December

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Brookfield Infrastructure Renews Its Normal Course Issuer Bids

BROOKFIELD, News, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that the Toronto Stock Exchange (the “TSX”) accepted a noti...

23 days ago - GlobeNewsWire

BIP Investment Corporation Announces Adjournment of Special Meeting

BROOKFIELD, News, Nov. 27, 2024 (GLOBE NEWSWIRE) -- BIP Investment Corporation (“BIPIC”) (TSX: BIK.PR.A), an indirect subsidiary of Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”...

23 days ago - GlobeNewsWire

Enbridge Vs. Brookfield Infrastructure: Only One Is A Buy

ENB and BIP have impressive track records of generating attractive total returns and consistent inflation-beating dividend growth. They are both high-quality diversified infrastructure companies with ...

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Brookfield Infrastructure Partners L.P. Limited Partnership Units (BIP) Q3 2024 Earnings Call Transcript

Brookfield Infrastructure Partners L.P. Limited Partnership Units (NYSE:BIP) Q3 2024 Earnings Call Transcript November 6, 2024 9:00 AM ET Company Participants Sam Pollock - Chief Executive Officer of...

6 weeks ago - Seeking Alpha

Brookfield Infrastructure Achieves Capital Recycling Target and Announces Third Quarter 2024 Results

BROOKFIELD, News, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results fo...

6 weeks ago - GlobeNewsWire

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BIP Investment Corporation Announces Preferred Shareholder Meeting for Early Redemption of Preferred Shares

BROOKFIELD, NEWS, Oct. 24, 2024 (GLOBE NEWSWIRE) -- BIP Investment Corporation (“BIPIC”) (TSX: BIK.PR.A), an indirect subsidiary of Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”...

2 months ago - GlobeNewsWire

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