Brookfield Infrastructure Partners L.P. (BIP)
Market Cap | 13.77B |
Revenue (ttm) | 17.93B |
Net Income (ttm) | 102.00M |
Shares Out | 462.13M |
EPS (ttm) | 0.14 |
PE Ratio | 213.21 |
Forward PE | 32.05 |
Dividend | $1.62 (5.40%) |
Ex-Dividend Date | Feb 28, 2024 |
Volume | 296,156 |
Open | 29.67 |
Previous Close | 29.63 |
Day's Range | 29.40 - 30.16 |
52-Week Range | 21.03 - 37.32 |
Beta | 0.95 |
Analysts | Buy |
Price Target | 40.43 (+34.86%) |
Earnings Date | May 1, 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 $102.00 million, an increase of 0.99%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for BIP stock is "Buy." The 12-month stock price forecast is $40.43, which is an increase of 34.86% from the latest price.
News
Brookfield Infrastructure Announces Results of Conversion of Its Series 1 Senior Preferred Shares
BROOKFIELD, NEWS, March 19, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all conversion notices received by the Marc...
Brookfield Infrastructure Completes Annual Filings
BROOKFIELD, NEWS, March 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP, BIPC; TSX: BIP.UN, BIPC) today announced that it has filed its 2023 annual reports on Forms 20-F, including i...
Brookfield Infrastructure Announces Reset Dividend Rate on Its Series 1 Senior Preferred Shares
All amounts in Canadian dollars unless otherwise stated BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP....
Brookfield Infrastructure Reports Strong 2023 Year-End Results & Announces 15th Consecutive Distribution Increase
BROOKFIELD, NEWS, Feb. 01, 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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Brookfield Infrastructure to Host Fourth Quarter 2023 Results Conference Call
BROOKFIELD, NEWS, Jan. 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its fourth quarter 2023 conference call and webcast on Thursday, February 1, 2024 at 9:00 a.m. (ET).
Brookfield Infrastructure Announces Results of Reclassification of Its Series 11 Preferred Units
BROOKFIELD, News, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all election notices received by the Decembe...
Brookfield Infrastructure Announces Reset Distribution Rate on Its Series 11 Preferred Units
All amounts in Canadian dollars unless otherwise stated BROOKFIELD, News, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.U...
Brookfield Infrastructure Renews Its Normal Course Issuer Bids
BROOKFIELD, News, Nov. 28, 2023 (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...
Cyxtera Receives Court Approval for Sale to Brookfield and Plan of Reorganization
MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced tha...
Cyxtera Enters Asset Purchase Agreement with Brookfield
MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced tha...
Brookfield Infrastructure Reports Third Quarter 2023 Results
BROOKFIELD, NEWS, Nov. 01, 2023 (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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Brookfield Infrastructure Announces Automatic Purchase Plans
BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that, in connection with its previously announced normal co...
Brookfield Infrastructure to Host Third Quarter 2023 Results Conference Call
BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its third quarter 2023 conference call and webcast on Wednesday, November 1, 2023 at 9:00 a.m. (ET).
Triton International Announces Completion of Acquisition By Brookfield Infrastructure
HAMILTON, Bermuda--(BUSINESS WIRE)--September 28, 2023—Triton International Limited (NYSE: TRTN) (“Triton” or the "Company") today announced the completion of its acquisition by Brookfield Infrastruct...
Triton International Announces Preliminary Election Results in Connection With Acquisition by Brookfield Infrastructure
HAMILTON, Bermuda--(BUSINESS WIRE)--September 27, 2023—Triton International Limited (NYSE: TRTN) (“Triton”) announced today the preliminary results of the elections made by holders of Triton common sh...
Triton International and Brookfield Infrastructure Announce Receipt of All Required Regulatory Approvals for Proposed Acquisition and Election Deadline
HAMILTON, Bermuda--(BUSINESS WIRE)--September 19, 2023 -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP, TSX: BIP.UN), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”...
Triton International Shareholders Approve Acquisition by Brookfield Infrastructure
HAMILTON, Bermuda--(BUSINESS WIRE)--August 24, 2023—Triton International Limited (NYSE: TRTN) (“Triton” or the "Company") announced that its shareholders have voted to approve the acquisition of the C...
Brookfield Infrastructure Partners LP: A High-Performing Stock with Strong Growth Prospects
Brookfield Infrastructure Partners LP ( BIP , Financial) is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, energy, and data ...
Brookfield Infrastructure Reports Second Quarter 2023 Results
BROOKFIELD, NEWS, Aug. 03, 2023 (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 to Issue $700 Million of Medium-Term Notes
All amounts in Canadian dollars unless otherwise stated NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES BROOKFIELD, NEWS, July 25, 2023 (GLOBE NEWSWIRE) -- Bro...
TRITON INTERNATIONAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Triton International Limited - TRTN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Triton Internati...
Triton International Announces Date of Special Meeting to Approve Acquisition by Brookfield Infrastructure
HAMILTON, Bermuda--(BUSINESS WIRE)--July 7, 2023--Triton International Limited (NYSE: TRTN) (“Triton”) announced that it has set August 24, 2023 as the date for the special general meeting of sharehol...