Brookfield Infrastructure Partners L.P. (BIP)

NYSE: BIP · Real-Time Price · USD
32.43
+1.21 (3.88%)
At close: Jan 21, 2025, 4:00 PM
32.51
+0.08 (0.25%)
After-hours: Jan 21, 2025, 7:19 PM EST
3.88%
Market Cap 15.16B
Revenue (ttm) 20.57B
Net Income (ttm) -153.00M
Shares Out 467.57M
EPS (ttm) -0.33
PE Ratio n/a
Forward PE 66.87
Dividend $1.62 (5.00%)
Ex-Dividend Date Nov 29, 2024
Volume 399,679
Open 31.94
Previous Close 31.22
Day's Range 31.66 - 32.96
52-Week Range 24.84 - 36.50
Beta 1.06
Analysts Strong Buy
Price Target 37.50 (+15.63%)
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 15.63% from the latest price.

Price Target
$37.5
(15.63% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

5 Big Dividend Growth Blue-Chips For A Rich Retirement

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12 hours ago - Seeking Alpha

Brookfield Infrastructure Partners: Buy The Dip

Brookfield Infrastructure Partners is a diversified infrastructure investor with strong FFO growth, focusing on Transportation, Utilities, Midstream, and Data sectors. BIP is prioritizing the Data seg...

1 day ago - Seeking Alpha

Foundry JV Holdco LLC Announces Successful Completion of Consent Solicitation to Holders of its Outstanding Senior Secured Notes

HOUSTON , Jan. 17, 2025 /PRNewswire/ -- Foundry JV Holdco LLC (the "Company"), a Delaware limited liability company, today announced that it has successfully completed the previously announced consent...

4 days ago - PRNewsWire

Why Infrastructure Is The Ultimate Play In Your Income Portfolio Now

Many income-production asset classes provide subpar offerings. It is either high yield or high growth and rarely something in the middle. I share why infrastructure could be a solution to fill this ga...

4 days ago - Seeking Alpha

Foundry JV Holdco LLC Announces Launch of Consent Solicitation to Holders of its Outstanding Senior Secured Notes

HOUSTON , Jan. 13, 2025 /PRNewswire/ -- Foundry JV Holdco LLC (the "Company"), a Delaware limited liability company, today announced that it has commenced a consent solicitation (the "Consent Solicita...

8 days ago - PRNewsWire

Very Bad News For Dividend Stocks

Dividend stocks boomed from early July 2024 to late November 2024. However, since then, they have pulled back sharply. I discuss the bad news that may continue weighing on many dividend stocks.

12 days ago - Seeking Alpha

Brookfield Infrastructure's 7.2% Yield Investment-Grade Bonds Are On Sale For 68 Cents On The Dollar

I've been buying Brookfield Infrastructure's 5.0% Subordinated Notes due to their significant discount, trading at 68 cents on the dollar. The notes offer an asymmetrical investment profile supported ...

16 days ago - Seeking Alpha

5 High-Yield Infrastructure Stocks Looking Cheap On The Dip

The infrastructure sector is set for strong growth in the coming years. However, there are numerous attractive opportunities in the sector right now. I discuss five of them.

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17 days ago - Seeking Alpha

Brookfield Infrastructure to Host Fourth Quarter 2024 Results Conference Call

BROOKFIELD, NEWS, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its fourth quarter 2024 conference call and webcast on Thursday, January 30, 2025 at 9:00 a.m. (ET).

18 days ago - GlobeNewsWire

Brookfield Infrastructure Partners: Business Outlook Looks Good, But Watch The Leverage

I expect a $4 billion pipeline to result in a sequential 50% increase in capital to be commissioned and invested capital over the next 2 quarter. The Midstream segment may turn around in 2025 as volum...

19 days ago - Seeking Alpha

Brookfield Infrastructure Partners: Excellent Outlook For 2025

Brookfield Infrastructure Partners is undervalued, offers a 5.2% yield, and stands to benefit from persistent inflation and anticipated interest rate reductions in 2025. BIP's toll road-type assets ha...

22 days ago - Seeking Alpha

Big Dividends Ahead: Where I'd Invest $10,000 In 2025

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27 days ago - Seeking Alpha

Worried About Higher For Longer? Sleep Well With This 7%-Yielding Portfolio

The threat of higher inflation and interest rates for longer has sent the market into turmoil. However, high yield investors have nothing to fear from this development. We share a 7%-yielding portfoli...

4 weeks ago - Seeking Alpha

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 ...

4 weeks ago - GlobeNewsWire

The Federal Reserve Just Gave Dividend Investors A Huge Christmas Gift

The Federal Reserve just cut rates but reduced the outlook for future rate cuts. This sent the market tumbling lower. However, I believe this is a huge gift to dividend investors.

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4 weeks ago - Seeking Alpha

A Rare Buying Opportunity

There are numerous macro risks facing stocks as we look ahead to 2025. There are also some exciting developments that could be a powerful tailwind for growth in the coming years. Thanks to a recent sh...

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4 weeks ago - Seeking Alpha

Very Bad News For Utilities Stocks

The utilities sector saw an 18.03% bull run from July to November, driven by falling interest rates and AI demand, but has pulled back 6.38% so far in December. I discuss why the sector is pulling bac...

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10% Yields: 2 Well-Covered Big Dividends The Market Is Sleeping On

The market rarely offers 10%+ yielding common equities that have a low risk of facing a cut. However, once in a while it offers up compelling opportunities like this. I share two 10%+ yields that are ...

5 weeks ago - Seeking Alpha

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”...

7 weeks ago - GlobeNewsWire

2 High Income Compounders I Will Hold Until Retirement

A buy and hold strategy allows maximizing compounding. For retirement investing this is extremely important just as making sure that the capital does not get suddenly permanently impaired. To access t...

Other symbols: BIPCENB
7 weeks ago - Seeking Alpha

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...

7 weeks ago - GlobeNewsWire

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

The market outlook for 2025 is uncertain, with a wide range of possibilities in GDP growth, inflation, and job growth. Government spending cuts led by Elon Musk and Vivek Ramaswamy's DOGE initiative a...

7 weeks ago - Seeking Alpha

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...

7 weeks 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”...

7 weeks 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 ...

Other symbols: ENB
2 months ago - Seeking Alpha