Brookfield Infrastructure Corporation (BIPC)

NYSE: BIPC · IEX Real-Time Price · USD
35.34
-0.86 (-2.38%)
At close: Sep 29, 2023, 4:00 PM
35.58
+0.24 (0.68%)
After-hours: Sep 29, 2023, 7:55 PM EDT
-2.38%
Market Cap 3.91B
Revenue (ttm) 1.98B
Net Income (ttm) 219.00M
Shares Out 110.68M
EPS (ttm) 1.99
PE Ratio 19.28
Forward PE n/a
Dividend $1.53 (4.33%)
Ex-Dividend Date Aug 30, 2023
Volume 886,825
Open 36.68
Previous Close 36.20
Day's Range 35.19 - 36.79
52-Week Range 35.19 - 48.23
Beta 1.18
Analysts Buy
Price Target 42.00 (+18.85%)
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 60,000 kilomete... [Read more]

Sector Utilities
Founded 2019
Employees 2,300
Stock Exchange NYSE
Ticker Symbol BIPC
Full Company Profile

Financial Performance

Financial Statements

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
(18.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brookfield Infrastructure Corporation Announces Results of Annual Meeting of Shareholders

BROOKFIELD, NEWS, June 14, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (the “Corporation”) (TSX, NYSE: BIPC) today announced that all eight nominees proposed for election to the boa...

3 months ago - GlobeNewsWire

Brookfield Infrastructure Corporation Announces Results of Annual Meeting of Shareholders

BROOKFIELD, NEWS, June 16, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (the “Corporation”) (TSX, NYSE: BIPC) today announced that all eight nominees proposed for election to the boa...

1 year ago - GlobeNewsWire

Brookfield Infrastructure Corporation Exchange Limited Partnership Announces Three-for-Two Unit Split

BROOKFIELD, NEWS, May 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation Exchange Limited Partnership (“BIPC Exchange LP”), a subsidiary of Brookfield Infrastructure Partners L.P., tod...

1 year ago - GlobeNewsWire

Brookfield Infrastructure Corporation Completes Annual Filings

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

1 year ago - GlobeNewsWire

Brookfield Infrastructure Corporation Announces Results of Annual Meeting of Shareholders

BROOKFIELD, NEWS, June 17, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (the “Corporation”) (TSX, NYSE: BIPC) today announced that all eight nominees proposed for election to the boa...

2 years ago - GlobeNewsWire

5 Utilities Beating the Market

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned utilities have outperformed the S&P 500 Index over the past 12 months through April 19.

Other symbols: AESAYBEPTAC
2 years ago - GuruFocus

12 Best Infrastructure Stocks for Biden's Next Big Plan

Wall Street largely expects the Biden administration to shift its focus to infrastructure. These 12 infrastructure stocks represent a number of themes that could get a boost.

Other symbols: CATCCIDEFCXMLMNUEPAVE
2 years ago - Kiplinger