Brookfield Infrastructure Partners L.P. (BIP)
| Market Cap | 15.99B |
| Revenue (ttm) | 20.57B |
| Net Income (ttm) | -153.00M |
| Shares Out | 467.57M |
| EPS (ttm) | -0.33 |
| PE Ratio | n/a |
| Forward PE | 67.37 |
| Dividend | $1.62 (4.74%) |
| Ex-Dividend Date | Aug 30, 2024 |
| Volume | 235,392 |
| Open | 34.14 |
| Previous Close | 34.31 |
| Day's Range | 33.64 - 34.30 |
| 52-Week Range | 24.84 - 36.50 |
| Beta | 1.05 |
| Analysts | Strong Buy |
| Price Target | 37.50 (+9.68%) |
| Earnings Date | Nov 6, 2024 |
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]
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 StatementsAnalyst 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 9.68% from the latest price.
News
2 High Quality Retirement Dividends Getting Unfairly Punished
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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...
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...
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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”...
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Brookfield Infrastructure Announces Reorganization of Brookfield Infrastructure Corporation
BROOKFIELD, NEWS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (the “Partnership”) and Brookfield Infrastructure Corporation (“BIPC”) (TSX, NYSE: ...
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Bad News For High Yield Stocks
High-yield stocks have surged in recent months. However, recently, news hit that threatens to end the rally in much of the sector. We share which part of the high-yield space is likely going to benefi...
Brookfield Infrastructure to Host Third Quarter 2024 Results Conference Call
BROOKFIELD, NEWS, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its third quarter 2024 conference call and webcast on Wednesday, November 6, 2024 at 9:00 a.m. (ET).
Brookfield Infrastructure: Benefit From Declining Interest Rates With This High-Yielder
Brookfield Infrastructure Partners (BIP) is set to benefit from declining interest rates, attracting institutional and individual investors towards its income-generating assets. BIP's operational perf...
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Buy The Dip: 10% Yields Getting Way Too Cheap
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Brookfield Infrastructure Partners: A Sum Of The Parts Analysis Of This Wealth Building Machine
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An Important Warning For Dividend Investors After The Fed's Big Rate Cut
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Millionaire Style: Smart Dividend Ideas For Big Returns
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Consider These 2 Picks For Retirement Income
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