Brookfield Infrastructure Corporation (BIPC)

Market Cap	4.15B
Revenue (ttm)	2.50B
Net Income (ttm)	111.00M
Shares Out	131.87M
EPS (ttm)	0.84
PE Ratio	37.65
Forward PE	n/a
Dividend	$1.62 (5.15%)
Ex-Dividend Date	Feb 28, 2024

Volume	95,773
Open	31.70
Previous Close	31.63
Day's Range	31.22 - 31.77
52-Week Range	25.48 - 48.23
Beta	1.36
Analysts	Buy
Price Target	42.00 (+33.55%)
Earnings Date	May 2, 2023

About BIPC

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia. It operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; 4.3 million gas and electricity connections; and a global fleet ...

• Industry: Utilities - Regulated Gas
• Sector: Utilities
• Founded: 2019
• Employees: 3,300
• Stock Exchange: NYSE
• Ticker Symbol: BIPC

Financial Performance

In 2023, BIPC's revenue was $2.50 billion, an increase of 32.71% compared to the previous year's $1.89 billion. Earnings were $111.00 million, a decrease of -89.85%.

Analyst Forecast

According to one analyst, the rating for BIPC stock is "Buy" and the 12-month stock price forecast is $42.0.

Price Target

$42.0

(33.55% upside)

Analyst Consensus: Buy