Brookfield Infrastructure Partners L.P. (BIP)

NYSE: BIP · IEX Real-Time Price · USD
32.87
+0.63 (1.95%)
Mar 29, 2023, 4:00 PM EDT - Market closed
1.95%
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]

Sector Utilities
IPO Date Jan 22, 2008
Country Bermuda
Stock Exchange NYSE
Ticker Symbol BIP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$43.35
(31.88% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

1 week ago - GlobeNewsWire

The 7 Best Infrastructure Stocks to Buy in March

Two very powerful forces make infrastructure stocks very attractive at this point. One is the reshoring trend, which refers to American companies building more factories in the U.S. The other is the B...

Other symbols: CSXGEMLMMTWTMUS
2 weeks ago - InvestorPlace

Brookfield Infrastructure Announces Reset Distribution Rate on Its Series 9 Preferred Units

All amounts in Canadian dollars unless otherwise stated

3 weeks ago - GlobeNewsWire

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.

Other symbols: ABBVCCI
1 month ago - InvestorPlace

Brookfield Infrastructure Reports Strong 2022 Year-End Results

Brookfield Infrastructure Announces 14th Consecutive Distribution Increase Brookfield Infrastructure Announces 14th Consecutive Distribution Increase

1 month ago - GlobeNewsWire

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.

Other symbols: CMSWEC
2 months ago - Zacks Investment Research

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).

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

Brookfield Infrastructure to Issue $700 Million of Medium-Term Notes

All amounts in Canadian dollars unless otherwise stated

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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).

6 months ago - GlobeNewsWire

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?

7 months ago - Zacks Investment Research

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...

7 months ago - GlobeNewsWire

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?

7 months ago - Zacks Investment Research

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).

8 months ago - Zacks Investment Research

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?

8 months ago - Zacks Investment Research

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...

8 months ago - GlobeNewsWire

7 Preferred Stocks Trading a Discount Right Now

These preferred stocks trading at a discount, issued by large companies across many sectors, look appealing now. The post 7 Preferred Stocks Trading a Discount Right Now appeared first on InvestorPlac...

Other symbols: ALLBACETPEBPSAT
8 months ago - InvestorPlace

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?

9 months ago - Zacks Investment Research

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...

Other symbols: DBRG
9 months ago - Business Wire

Beat the Market Like Zacks: Assertio, Brookfield, UnitedHealth, General Mills in Focus

Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our accomplishments from last week.

Other symbols: ASRTGISUNH
9 months ago - Zacks Investment Research

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)

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

9 months ago - Zacks Investment Research

7 High-Quality Dividend Stocks With High Yields

These are the best dividend stocks with high yields to invest in now. BIP, EPR, FL, KMI, KHC, VTRS, and WBA can make great investments.

Other symbols: EPRFLKHCKMIVTRSWBA
10 months ago - InvestorPlace