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TSE:BIP.UN

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

Brookfield Infrastructure Partners logo
C$48.26 +0.33 (+0.69%)
(As of 11/15/2024 ET)

About Brookfield Infrastructure Partners Stock (TSE:BIP.UN)

Key Stats

Today's Range
C$47.64
C$48.46
50-Day Range
C$42.29
C$50.28
52-Week Range
C$34.36
C$50.46
Volume
324,900 shs
Average Volume
482,202 shs
Market Capitalization
C$22.28 billion
P/E Ratio
N/A
Dividend Yield
4.52%
Price Target
C$34.00
Consensus Rating
Hold

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.

Brookfield Infrastructure Partners Stock Analysis - MarketRank™

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5th Percentile Overall Score

BIP.UN MarketRank™: 

Brookfield Infrastructure Partners scored higher than 5% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Brookfield Infrastructure Partners is -268.11, 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 -268.11, 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 4.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

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

  • Read more about Brookfield Infrastructure Partners' dividend.
  • Short Interest

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

    Only 3 people have added Brookfield Infrastructure Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • 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.

  • Read more about Brookfield Infrastructure Partners' insider trading history.
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BIP.UN Stock News Headlines

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BIP.UN Stock Analysis - Frequently Asked Questions

Brookfield Infrastructure Partners' stock was trading at C$41.76 at the beginning of the year. Since then, BIP.UN shares have increased by 15.6% and is now trading at C$48.26.
View the best growth stocks for 2024 here
.

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.
Compare Top Brokerages Here.

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Diversified
Sub-Industry
Transportation
Current Symbol
TSE:BIP.UN
CIK
N/A
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
-29.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
C$-57,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$19.78 billion
Cash Flow
C$4.71 per share
Book Value
C$10.61 per share

Miscellaneous

Free Float
N/A
Market Cap
C$22.28 billion
Optionable
Not Optionable
Beta
1.05
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This page (TSE:BIP.UN) was last updated on 11/17/2024 by MarketBeat.com Staff
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