Brookfield Infrastructure Partners L.P. (BIP)

NYSE: BIP · IEX Real-Time Price · USD
27.07
-0.46 (-1.67%)
At close: Jun 17, 2024, 4:00 PM
27.01
-0.06 (-0.22%)
After-hours: Jun 17, 2024, 7:02 PM EDT
-1.67%
Market Cap 12.49B
Revenue (ttm) 18.90B
Net Income (ttm) 183.00M
Shares Out 461.49M
EPS (ttm) 0.31
PE Ratio 88.81
Forward PE 28.01
Dividend $1.62 (5.98%)
Ex-Dividend Date May 31, 2024
Volume 511,216
Open 27.19
Previous Close 27.53
Day's Range 26.72 - 27.41
52-Week Range 21.03 - 37.15
Beta 1.04
Analysts Buy
Price Target 39.38 (+45.48%)
Earnings Date Aug 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]

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 $102.00 million, an increase of 0.99%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for BIP stock is "Buy." The 12-month stock price forecast is $39.38, which is an increase of 45.48% from the latest price.

Price Target
$39.38
(45.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brookfield Infrastructure Completes 60-Year Subordinated Note Offering

All amounts in U.S. dollars BROOKFIELD, NEWS, May 31, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (“Brookfield Infrastructure”) today announced the closin...

17 days ago - GlobeNewsWire

Top Wall Street analysts like these 3 dividend stocks for high yields

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Other symbols: ARCCO
4 weeks ago - CNBC

Brookfield Infrastructure Reports First Quarter 2024 Results

BROOKFIELD, NEWS, May 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results for...

6 weeks ago - GlobeNewsWire

Brookfield Infrastructure to Host First Quarter 2024 Results Conference Call

BROOKFIELD, NEWS, April 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its first quarter 2024 conference call and webcast on Wednesday, May 1, 2024 at 9:00 a.m. (ET).

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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....

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

Top Wall Street analysts are upbeat about these 3 dividend stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including KeyCorp and Brookfield Infrastructure Partners

Other symbols: KEYOMF
5 months ago - CNBC

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).

6 months ago - GlobeNewsWire

How 15 of Our Stock Picks Fared in 2023

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6 months ago - Barrons

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - GlobeNewsWire

Top Wall Street analysts expect these dividend stocks to boost portfolio returns

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Other symbols: AEPCTRADRIXOM
9 months ago - CNBC

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...

9 months ago - GlobeNewsWire

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).

9 months ago - GlobeNewsWire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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”...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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 ...

11 months ago - GuruFocus