Brookfield Infrastructure Partners (BIP.UN) Stock Price, News & Analysis

Company Overview

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The Utilities segment operates approximately 2,000 kilometers (km) of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; approximately 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals. The Transport segment offers transportation, storage, and handling services for freight, bulk commodities, and passengers through a network of 5,500 km of track network in south of Western Australia; approximately 4,800 km of rail in South America; approximately 4,200 km of motorways in Brazil, Chile, Peru, and India; and 37 port terminals in North America, the United Kingdom, Australia, and Europe. The Energy segment offers natural gas midstream and storage services through approximately 15,000 km of natural gas transmission pipelines; and 600 billion cubic feet of natural gas storage in the United States and Canada. This segment also provides heating and cooling services to customers, and energy solutions, as well as serves approximately 24,900 natural gas, water, and wastewater connections. In addition, the Energy segment provides water heater rental; heating, ventilation, and air conditioner rental; and other home services in Canada and the United States, as well as 270,000 contracted sub-metering services with in Canada. The Data Infrastructure segment offers services and critical infrastructure to the media broadcasting and telecom sectors; and data storage services and infrastructure to enterprise customers. The company was founded in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. is a subsidiary of Brookfield Asset Management Inc.

Key Stats

• Today's Range: C$47.24 to C$48.41
• 50-Day Range: C$42.39 to C$50.28
• 52-Week Range: C$34.36 to C$50.46
• Volume: 69,844 shs
• Average Volume: 476,573 shs
• Market Capitalization: C$22.35 billion
• P/E Ratio: N/A
• Dividend Yield: 4.50%
• Price Target: C$34.00
• Consensus Rating: Hold

Brookfield Infrastructure Partners Stock Analysis - MarketRank™

Brookfield Infrastructure Partners scored higher than 6% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Brookfield Infrastructure Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Brookfield Infrastructure Partners has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Brookfield Infrastructure Partners is -263.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Brookfield Infrastructure Partners is -263.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Brookfield Infrastructure Partners, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Brookfield Infrastructure Partners has a P/B Ratio of 4.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BIP.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Brookfield Infrastructure Partners is a leading dividend payer. It pays a dividend yield of 4.34%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Brookfield Infrastructure Partners does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BIP.UN.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

3 people have searched for BIP.UN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

3 people have added Brookfield Infrastructure Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Brookfield Infrastructure Partners insiders have not sold or bought any company stock.

Percentage Held by Institutions

67.10% of the stock of Brookfield Infrastructure Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BIP.UN Stock Analysis - Frequently Asked Questions

How have BIP.UN shares performed this year?

Brookfield Infrastructure Partners' stock was trading at C$41.76 on January 1st, 2024. Since then, BIP.UN stock has increased by 13.7% and is now trading at C$47.50.
View the best growth stocks for 2024 here.

How do I buy shares of Brookfield Infrastructure Partners?

Shares of BIP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Diversified
• Sub-Industry: Transportation
• Current Symbol: TSE:BIP.UN
• CUSIP: N/A
• CIK: N/A
• Web: bip.brookfield.com
• Phone: +1-441-2964480
• Fax: N/A
• Employees: 44,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$34.00
• High Stock Price Target: C$34.00
• Low Stock Price Target: C$34.00
• Potential Upside/Downside: -28.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 50.52
• P/E Growth: -2.12
• Net Income: C$-57,000,000.00
• Net Margins: -0.09%
• Pretax Margin: N/A
• Return on Equity: 5.21%
• Return on Assets: 3.18%

Debt

• Debt-to-Equity Ratio: 180.01
• Current Ratio: 0.81
• Quick Ratio: 0.45

Sales & Book Value

• Annual Sales: C$19.78 billion
• Price / Sales: 1.11
• Cash Flow: C$4.63 per share
• Price / Cash Flow: 10.26
• Book Value: C$10.61 per share
• Price / Book: 4.48

Miscellaneous

• Outstanding Shares: 461,660,000
• Free Float: N/A
• Market Cap: C$21.93 billion
• Optionable: Not Optionable
• Beta: 1.05