Brookfield Infrastructure Partners L.P. (BIP)
Market Cap | 15.07B |
Revenue (ttm) | 14.43B |
Net Income (ttm) | 101.00M |
Shares Out | 458.41M |
EPS (ttm) | 0.14 |
PE Ratio | 233.71 |
Forward PE | 36.90 |
Dividend | $1.46 (4.45%) |
Ex-Dividend Date | Feb 27, 2023 |
Volume | 340,949 |
Open | 32.29 |
Previous Close | 32.24 |
Day's Range | 32.28 - 33.09 |
52-Week Range | 30.03 - 46.01 |
Beta | 0.88 |
Analysts | Buy |
Price Target | 43.35 (+31.88%) |
Earnings Date | May 3, 2023 |
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 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services. This segment also offers heating and cooling soluti... [Read more]
Financial Performance
In 2022, BIP's revenue was $14.43 billion, an increase of 25.05% compared to the previous year's $11.54 billion. Earnings were $101.00 million, a decrease of -81.83%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for BIP stock is "Buy." The 12-month stock price forecast is $43.35, which is an increase of 31.88% from the latest price.
News

Brookfield Infrastructure Announces Results of Reclassification of its Series 9 Preferred Units
BROOKFIELD, News, March 17, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all election notices received by the March ...

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Brookfield Infrastructure Announces Reset Distribution Rate on Its Series 9 Preferred Units
All amounts in Canadian dollars unless otherwise stated

3 High-Yield Dividend Stocks to Buy and Hold Forever
High-yield dividend stocks offer relatively high dividend yields compared to the average dividend stock. Generally, I view a high-yield dividend to be above the 4-5% range.

Brookfield Infrastructure Reports Strong 2022 Year-End Results
Brookfield Infrastructure Announces 14th Consecutive Distribution Increase Brookfield Infrastructure Announces 14th Consecutive Distribution Increase

Utilities to Report Q4 Earnings on Feb 2: CMS, WEC & BIP
Let's focus on utilities like CMS Energy Corporation (CMS), WEC Energy (WEC) and Brookfield Infrastructure (BIP), which are set to release fourth-quarter earnings on Feb 2.

Brookfield Infrastructure to Host Fourth Quarter 2022 Results Conference Call
BROOKFIELD NEWS, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its fourth quarter 2022 conference call and webcast on Thursday, February 2, 2023 at 9:00 a.m. (ET).

Brookfield Infrastructure Renews Its Normal Course Issuer Bids
BROOKFIELD, NEWS, Nov. 28, 2022 (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...

Brookfield Infrastructure to Issue $700 Million of Medium-Term Notes
All amounts in Canadian dollars unless otherwise stated

Brookfield Infrastructure Reports Strong Third Quarter Results as FFO Increases 24%
BROOKFIELD, NEWS, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results fo...

Brookfield Infrastructure Partners to Host Third Quarter 2022 Results Conference Call
BROOKFIELD, NEWS, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its third quarter 2022 conference call and webcast on Wednesday, November 2, 2022 at 9:00 a.m. (ET).

Why Brookfield Infrastructure Partners (BIP) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brookfield Infrastructure Partners (BIP) have what it takes?

Brookfield Infrastructure Signs Definitive Agreement with Intel
BROOKFIELD, News, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure...

Why Brookfield Infrastructure Partners (BIP) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brookfield Infrastructure Partners (BIP) have what it takes?

All You Need to Know About Brookfield Infrastructure (BIP) Rating Upgrade to Buy
Brookfield Infrastructure (BIP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Brookfield Infrastructure Partners (BIP) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brookfield Infrastructure Partners (BIP) have what it takes?

Brookfield Infrastructure Reports Strong Second Quarter Results as FFO Increases 30%
BROOKFIELD, News, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results fo...

7 Preferred Stocks Trading a Discount Right Now
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This is Why Brookfield Infrastructure Partners (BIP) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brookfield Infrastructure Partners (BIP) have what it takes?

DigitalBridge to Acquire Majority Stake in GD Towers in Partnership with Brookfield
BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) today announced that funds affiliated with its investment management arm (collectively, “DigitalBridge”) toge...

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Brookfield Infrastructure Partners to Host Second Quarter 2022 Results Conference Call
Wednesday, August 3, 2022 at 9:00 a.m. (ET) Wednesday, August 3, 2022 at 9:00 a.m. (ET)

Brookfield Infrastructure Announces Automatic Purchase Plans
BROOKFIELD, NEWS, June 30, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that, in connection with its previously announced normal co...

Should Value Investors Buy Brookfield Infrastructure Partners (BIP) Stock?
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