Brookfield Infrastructure (BIPC) Stock Price, News & Analysis

Company Overview

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 of approximately 7 million twenty-foot equivalent units (TEUs) intermodal containers under long-term contracts. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P.

Key Stats

• Today's Range: C$52.00 to C$54.25
• 50-Day Range: C$52.62 to C$63.02
• 52-Week Range: C$39.42 to C$63.52
• Volume: 227,378 shs
• Average Volume: 177,908 shs
• Market Capitalization: C$7.15 billion
• P/E Ratio: 4.03
• Dividend Yield: 4.02%
• Price Target: N/A
• Consensus Rating: N/A

BIPC Stock Analysis - Frequently Asked Questions

How have BIPC shares performed this year?

Brookfield Infrastructure's stock was trading at C$46.74 at the beginning of the year. Since then, BIPC shares have increased by 15.9% and is now trading at C$54.19.
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How do I buy shares of Brookfield Infrastructure?

Shares of BIPC 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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What other stocks do shareholders of Brookfield Infrastructure own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brookfield Infrastructure investors own include Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Enbridge (ENB), Royal Bank of Canada (RY), BCE (BCE), Brookfield Asset Management (BAM) and Meta Platforms (META).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Regulated Gas
• Sub-Industry: Utilities
• Current Symbol: TSE:BIPC
• CUSIP: N/A
• CIK: N/A
• Web: bip.brookfield.com
• Phone: 212 417 7000
• Fax: N/A
• Employees: 1,700
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$13.46
• Trailing P/E Ratio: 4.03
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$1.20 billion
• Net Margins: 36.76%
• Pretax Margin: N/A
• Return on Equity: 129.79%
• Return on Assets: 7.43%

Debt

• Debt-to-Equity Ratio: 374.93
• Current Ratio: 0.59
• Quick Ratio: 0.24

Sales & Book Value

• Annual Sales: C$3.28 billion
• Price / Sales: 2.18
• Cash Flow: C$2.79 per share
• Price / Cash Flow: 19.44
• Book Value: C$1.04 per share
• Price / Book: 52.11

Miscellaneous

• Outstanding Shares: 131,990,000
• Free Float: N/A
• Market Cap: C$7.15 billion
• Optionable: Not Optionable
• Beta: 1.41