Brookfield Infrastructure Partners LP (BIP)

NYSE: BIP · IEX Real-Time Price · USD
60.63
-0.22 (-0.36%)
May 19, 2022 4:00 PM EDT - Market closed
Market Cap18.63B
Revenue (ttm)12.27B
Net Income (ttm)473.00M
Shares Out307.30M
EPS (ttm)1.77
PE Ratio34.22
Forward PE87.72
Dividend$2.10 (3.46%)
Ex-Dividend DateMay 27, 2022
Volume413,396
Open60.55
Previous Close60.85
Day's Range60.13 - 61.02
52-Week Range52.92 - 69.01
Beta0.80
AnalystsBuy
Price Target71.57 (+18.0%)
Earnings DateMay 4, 2022

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...

IndustryMulti-Utilities
IPO DateJan 22, 2008
CEOSamuel Pollock
Employees2,021
Stock ExchangeNYSE
Ticker SymbolBIP
Full Company Profile

Financial Performance

In 2021, BIP's revenue was $11.54 billion, an increase of 29.85% compared to the previous year's $8.89 billion. Earnings were $1.09 billion, an increase of 177.41%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for BIP stock is "Buy." The 12-month stock price forecast is 71.57, which is an increase of 18.04% from the latest price.

Price Target
$71.57
(18.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brookfield Sees Natural Gas as an Essential Fuel for the Future

The global infrastructure company highlighted the cleaner-burning fossil fuel in its recent letter to investors.

Other symbols:BIPC
1 week ago - The Motley Fool

Brookfield Infrastructure Is Benefitting From an Inflation-Driven Boost

The global infrastructure operator has a very positive outlook.

2 weeks ago - The Motley Fool

Brookfield Infrastructure Partners Exchange L.P. Announces Three-for-Two Unit Split

BROOKFIELD, NEWS, May 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners Exchange L.P. (“BIP Exchange LP”), a subsidiary of Brookfield Infrastructure Partners L.P. (“BIP”), today announced ...

2 weeks ago - GlobeNewsWire

Brookfield Infrastructure Reports First Quarter 2022 Results and Three-for-Two Stock Split

BROOKFIELD, News, May 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results for t...

2 weeks ago - GlobeNewsWire

Want $1,000 in Passive Income? Invest $10,000 in These 3 Unstoppable Dividend Stocks and Wait 4 Years

These companies have what it takes to win long term.

Other symbols:ABBDE
3 weeks ago - The Motley Fool

You Might Kick Yourself Later for Not Buying These Dividend Stocks Right Now

There's a lot to like with each of these stocks.

Other symbols:BEPBEPCBIPCIIPR
3 weeks ago - The Motley Fool

Brookfield Infrastructure to Issue $600 Million of Medium-Term Notes

All amounts in Canadian dollars unless otherwise stated

4 weeks ago - GlobeNewsWire

This Safety Stock Will Rise Thanks to Reliable Cash Flows

The company's monetization strategies are very efficient.

1 month ago - The Motley Fool

Brookfield Infrastructure Partners to Host First Quarter 2022 Results Conference Call

Wednesday, May 4, 2022 at 9:00 a.m. (ET) Wednesday, May 4, 2022 at 9:00 a.m. (ET)

1 month ago - GlobeNewsWire

3 Surefire Stocks to Buy in the Next Bear Market

You won't regret buying these stocks when the markets crash next.

Other symbols:BIPCNEEV
1 month ago - The Motley Fool

3 Dividend Stocks With Elite Potential

These dividend stocks are well on their way toward joining an elite group.

Other symbols:BIPCEPD
1 month ago - The Motley Fool

2 Dividend Stocks That Can Help You Fight Inflation

These companies benefit from inflation.

Other symbols:BIPCWPC
1 month ago - The Motley Fool

3 Dividend Stocks That Will Hold Up No Matter the Market Conditions

Market volatility got you down? These three companies pay a healthy and growing dividend, and their businesses can weather inflation and geopolitical tensions.

Other symbols:BIPCCOSTWMT
2 months ago - The Motley Fool

Got $1,000? 4 Unstoppable Stocks to Buy

Large opportunity sets should drive growth for years.

Other symbols:BIPCFVRROPAYC
2 months ago - The Motley Fool

Brookfield Infrastructure Completes Annual Filings

BROOKFIELD, NEWS, March 09, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that it has filed its 2021 annual report on Form 20-F (the “Annual Report”), inclu...

2 months ago - GlobeNewsWire

These 5 Stocks Will Make Me More Than $3,000 in Passive Income This Year

And they have solid long-term growth prospects.

Other symbols:ABBVDVNIIPRPFE
2 months ago - The Motley Fool

Brookfield Infrastructure Announces Intention to Redeem its Series 7 Preferred Units

BROOKFIELD, News, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) today announced that it intends to redeem all of its outstanding Cumulative Class A P...

2 months ago - GlobeNewsWire

5 Income Stocks That Have Beaten the S&P 500 For a Decade

Total return outperformance -- and prospects for more -- make these shares worth considering.

Other symbols:AMTBBYDREITW
2 months ago - The Motley Fool

3 Under-the-Radar Dividend Growth Stocks You Won't Want to Overlook

These dividends continue to head higher with each passing year.

Other symbols:BEPSLG
3 months ago - The Motley Fool

3 No-Brainer Dividend Stocks to Own in a Market Crash

Enterprise Products Partners offers income stability during market storms.

Other symbols:BIPCEPDWCN
3 months ago - The Motley Fool

Inflation Is Giving This Dividend Growth Stock a Boost

Inflation is one of many growth drivers for the company's dividend.

Other symbols:BIPC
3 months ago - The Motley Fool

Brookfield Infrastructure Reports 2021 Year-End Results

2022 distributions increased by 6% - 13th consecutive annual increase 2022 distributions increased by 6% - 13th consecutive annual increase

3 months ago - GlobeNewsWire

7 Utility Stocks to Buy Despite the Heating Crisis

Energy prices have risen but that doesn't mean utility stocks have lost their luster. Many continue to grow their earnings and profits.

Other symbols:EXCKENOTTRPAMSGUUGI
3 months ago - InvestorPlace

150 Trillion Reasons You Should Hold This Energy Stock for 3 Decades

The renewable energy giant that has been a market-beating stock over the past decade might be one to hold for the long term.

Other symbols:BEPBEPC
4 months ago - The Motley Fool