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: $43.38 to $44.29
• 50-Day Range: $40.85 to $44.21
• 52-Week Range: $28.47 to $44.54
• Volume: 498,757 shs
• Average Volume: 506,796 shs
• Market Capitalization: $5.84 billion
• P/E Ratio: 30.70
• Dividend Yield: 3.66%
• 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 $35.28 at the start of the year. Since then, BIPC shares have increased by 25.3% and is now trading at $44.21.
View the best growth stocks for 2024 here.

When did Brookfield Infrastructure's stock split?

Shares of Brookfield Infrastructure split before market open on Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly minted shares were distributed to shareholders after the closing bell on Friday, June 10th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Who are Brookfield Infrastructure's major shareholders?

Brookfield Infrastructure's top institutional shareholders include FMR LLC (9.43%), Bank of Montreal Can (2.87%), Principal Financial Group Inc. (2.07%) and Confluence Investment Management LLC (1.72%).

How do I buy shares of Brookfield Infrastructure?

Shares of BIPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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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 American Water Works (AWK), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Humana (HUM).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/30/2024
• Dividend Payable: 9/27/2024
• Today: 11/21/2024
• Ex-Dividend for 12/31 Dividend: 11/29/2024
• Dividend Payable: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Utilities - Regulated Gas
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:BIPC
• CUSIP: N/A
• CIK: 1788348
• Web: bip.brookfield.com
• Phone: 212-417-7000
• Fax: N/A
• Employees: 1,700
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 30.42
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $3.64 billion
• Price / Sales: 1.59
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 132,021,000
• Free Float: N/A
• Market Cap: $5.78 billion
• Optionable: Optionable
• Beta: 1.45