Should I buy or sell Brookfield Infrastructure stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BIPC shares. View BIPC analyst ratings or view top-rated stocks .

What is Brookfield Infrastructure's stock price target for 2024?

1 analysts have issued twelve-month target prices for Brookfield Infrastructure's stock. Their BIPC share price targets range from $42.00 to $42.00. On average, they expect the company's stock price to reach $42.00 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price. View analysts price targets for BIPC or view top-rated stocks among Wall Street analysts .

How have BIPC shares performed in 2024?

Brookfield Infrastructure's stock was trading at $35.28 at the beginning of the year. Since then, BIPC shares have decreased by 13.4% and is now trading at $30.56. View the best growth stocks for 2024 here .

When is Brookfield Infrastructure's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our BIPC earnings forecast .

How often does Brookfield Infrastructure pay dividends? What is the dividend yield for Brookfield Infrastructure?

Brookfield Infrastructure announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Thursday, February 29th will be given a dividend of $0.405 per share on Thursday, March 28th. This represents a $1.62 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date is Wednesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.38. Read our dividend analysis for BIPC .

Is Brookfield Infrastructure a good dividend stock?

Brookfield Infrastructure (NASDAQ:BIPC) pays an annual dividend of $1.62 per share and currently has a dividend yield of 5.39%. BIPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 112.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for BIPC .

When did Brookfield Infrastructure's stock split?

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

What other stocks do shareholders of Brookfield Infrastructure own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Infrastructure investors own include Merck & Co., Inc. (MRK) , AbbVie (ABBV) , Cisco Systems (CSCO) , CVS Health (CVS) , AT&T (T) , Brookfield Infrastructure Partners (BIP) , Costco Wholesale (COST) , Gilead Sciences (GILD) , Coca-Cola (KO) and McDonald's (MCD) .

Who are Brookfield Infrastructure's major shareholders?

Brookfield Infrastructure's stock is owned by many different institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (1.89%), CHURCHILL MANAGEMENT Corp (0.21%), Paragon Capital Management Ltd (0.10%), MADDEN SECURITIES Corp (0.04%), Lantz Financial LLC (0.03%) and Quad Cities Investment Group LLC (0.01%).

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. Compare Top Brokerages Here .

NASDAQ:BIPC

Brookfield Infrastructure (BIPC) Stock Price, News & Analysis

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$30.81

+0.90 (+3.01%)

(As of 01:15 PM ET)

Compare

Today's Range: $29.79
▼
$30.89
50-Day Range: $28.88
▼
$37.09
52-Week Range: $25.48
▼
$48.23

Volume: 261,347 shs
Average Volume: 562,182 shs
Market Capitalization: $4.06 billion

P/E Ratio: 21.40
Dividend Yield: 5.26%
Price Target: $42.00

Get Brookfield Infrastructure alerts:

Brookfield Infrastructure MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 37.4% Upside
$42.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.51
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.13 out of 5 stars

Utilities Sector

53rd out of 90 stocks

Utilities - Regulated Gas Industry

1st out of 1 stocks

3.5

Analyst's Opinion

Consensus Rating
Brookfield Infrastructure has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Brookfield Infrastructure has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for BIPC.

1.7

Dividend Strength

Dividend Leadership
Brookfield Infrastructure is a leading dividend payer. It pays a dividend yield of 5.39%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Brookfield Infrastructure has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Brookfield Infrastructure is 112.50%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BIPC.

3.1

News and Social Media Coverage

News Sentiment
Brookfield Infrastructure has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Brookfield Infrastructure this week, compared to 2 articles on an average week.
Search Interest
23 people have searched for BIPC on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.
MarketBeat Follows
3 people have added Brookfield Infrastructure to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Brookfield Infrastructure insiders have not sold or bought any company stock.
Percentage Held by Institutions
70.38% of the stock of Brookfield Infrastructure is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Brookfield Infrastructure is 21.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Brookfield Infrastructure is 21.22, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 78.35.

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About Brookfield Infrastructure Stock (NASDAQ: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 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.

BIPC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BIPC Stock News Headlines

April 17, 2024 | nasdaq.com

Oversold Conditions For Brookfield Infrastructure (BIPC)

April 8, 2024 | fool.com

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April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 1, 2024 | thestreet.com

Brookfield Infrastructure Corp - Ordinary Shares - Class A (Subordinate Share)

February 24, 2024 | edition.cnn.com

Brookfield Infrastructure Corp. (New York) Class A

February 24, 2024 | fool.com

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February 21, 2024 | benzinga.com

Brookfield Infrastructure Stock (NYSE:BIPC) Dividends: History, Yield and Dates

February 21, 2024 | benzinga.com

Brookfield Infrastructure Stock (NYSE:BIPC) Insider Trades

February 18, 2024 | fool.com

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Brookfield Infrastructure Partners LP (BIP_u)

February 10, 2024 | fool.com

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February 8, 2024 | marketwatch.com

Brookfield Logs Profit, Higher Revenue in 4Q

February 7, 2024 | bloomberg.com

Brookfield Asset Management Raises Dividend After Profit Beat

February 1, 2024 | finance.yahoo.com

Brookfield Infrastructure Reports Strong 2023 Year-End Results & Announces 15th Consecutive Distribution Increase

January 19, 2024 | ca.finance.yahoo.com

BIPC Feb 2024 50.000 call

January 15, 2024 | seekingalpha.com

BIPC:CA Brookfield Infrastructure Corporation

January 5, 2024 | theglobeandmail.com

Why this money manager sold Brookfield Infrastructure and added more small-cap stocks

December 27, 2023 | msn.com

3 Wealth-Creating Dividend Stocks to Boost Your Income in 2024

December 24, 2023 | msn.com

Holiday Sale: These 3 Dividend Stocks Are Bargain Buys This Holiday Season

See More Headlines

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Company Calendar

Ex-Dividend for 3/28 Dividend: 2/28/2024
Dividend Payable: 3/28/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Utilities
Industry: Utilities - Regulated Gas
Sub-Industry: N/A
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

Price Target and Rating

Average Stock Price Target: $42.00
High Stock Price Target: $42.00
Low Stock Price Target: $42.00
Potential Upside/Downside: +40.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 20.76
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: $2.50 billion
Price / Sales: 1.58
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 131,910,000
Free Float: N/A
Market Cap: $3.94 billion
Optionable: Optionable
Beta: 1.38

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Key Executives

Mr. Samuel J. B. Pollock (Age 58)
Chief Executive Officer
Comp: $567.5k
Mr. Benjamin Michael Vaughan (Age 52)
COO & Managing Partner of Infrastructure
Comp: $990.34k
Mr. Michael J. Ryan (Age 53)
MD of Infrastructure, General Counsel & Corporate Secretary
Comp: $744.11k
Mr. Aaron David Kline (Age 44)
Managing Partner of Infrastructure
Comp: $798.6k
Kate White
Manager of Investor Relations
Mr. Mark W. Murski (Age 48)
Managing Partner of Infrastructure
Mr. Marcos Almeida
Managing Partner of Infrastructure
Mr. John Marcus Stinebaugh CFA (Age 57)
Vice Chair of Infrastructure
Mr. Raymond Neill
Managing Director of Infrastructure
Mr. Jeffrey Rosenthal (Age 65)
Vice Chair of Utilities

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BIPC Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield Infrastructure stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BIPC shares.
View BIPC analyst ratings or view top-rated stocks.
What is Brookfield Infrastructure's stock price target for 2024?: 1 analysts have issued twelve-month target prices for Brookfield Infrastructure's stock. Their BIPC share price targets range from $42.00 to $42.00. On average, they expect the company's stock price to reach $42.00 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price.
View analysts price targets for BIPC or view top-rated stocks among Wall Street analysts.
How have BIPC shares performed in 2024?: Brookfield Infrastructure's stock was trading at $35.28 at the beginning of the year. Since then, BIPC shares have decreased by 13.4% and is now trading at $30.56.
View the best growth stocks for 2024 here.
When is Brookfield Infrastructure's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our BIPC earnings forecast.
How often does Brookfield Infrastructure pay dividends? What is the dividend yield for Brookfield Infrastructure?: Brookfield Infrastructure announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Thursday, February 29th will be given a dividend of $0.405 per share on Thursday, March 28th. This represents a $1.62 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date is Wednesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.38.
Read our dividend analysis for BIPC.
Is Brookfield Infrastructure a good dividend stock?: Brookfield Infrastructure (NASDAQ:BIPC) pays an annual dividend of $1.62 per share and currently has a dividend yield of 5.39%. BIPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 112.50%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BIPC.

When did Brookfield Infrastructure's stock split?: Brookfield Infrastructure shares split on Monday, June 13th 2022. The 3-2 split was announced on Wednesday, May 4th 2022. The newly issued shares were distributed to shareholders after the market closes on Friday, June 10th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.
What other stocks do shareholders of Brookfield Infrastructure own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Infrastructure investors own include Merck & Co., Inc. (MRK), AbbVie (ABBV), Cisco Systems (CSCO), CVS Health (CVS), AT&T (T), Brookfield Infrastructure Partners (BIP), Costco Wholesale (COST), Gilead Sciences (GILD), Coca-Cola (KO) and McDonald's (MCD).
Who are Brookfield Infrastructure's major shareholders?: Brookfield Infrastructure's stock is owned by many different institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (1.89%), CHURCHILL MANAGEMENT Corp (0.21%), Paragon Capital Management Ltd (0.10%), MADDEN SECURITIES Corp (0.04%), Lantz Financial LLC (0.03%) and Quad Cities Investment Group LLC (0.01%).
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.
Compare Top Brokerages Here.

This page (NASDAQ:BIPC) was last updated on 4/19/2024 by MarketBeat.com Staff

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Brookfield Infrastructure (BIPC) Stock Price, News & Analysis

Brookfield Infrastructure MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Brookfield Infrastructure Stock (NASDAQ:BIPC)

BIPC Stock Price History

BIPC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

BIPC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™