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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
TSE:BIP.UN

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

C$42.30
+1.60 (+3.93%)
(As of 03/28/2024 ET)
Today's Range
C$40.58
C$42.42
50-Day Range
C$37.54
C$43.09
52-Week Range
C$29.12
C$50.36
Volume
432,090 shs
Average Volume
452,719 shs
Market Capitalization
C$19.51 billion
P/E Ratio
222.63
Dividend Yield
5.20%
Price Target
C$40.00

Brookfield Infrastructure Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
5.4% Downside
C$40.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

0.13 out of 5 stars

BIP.UN stock logo

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

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.

BIP.UN Stock Price History

BIP.UN Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Brookfield Infrastructure Partners L.P.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Brookfield Infrastructure Partners LP
See More Headlines
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Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Diversified
Sub-Industry
N/A
Current Symbol
TSE:BIP.UN
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$40.00
High Stock Price Target
C$40.00
Low Stock Price Target
C$40.00
Potential Upside/Downside
-4.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$87 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$17.93 billion
Cash Flow
C$4.09 per share
Book Value
C$11.53 per share

Miscellaneous

Free Float
N/A
Market Cap
C$19.33 billion
Optionable
Not Optionable
Beta
0.95
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Key Executives

  • Mr. Samuel J. B. Pollock (Age 53)
    Chief Exec. Officer of Brookfield Infrastructure Group
  • Mr. Jeffrey Wayne Kendrew (Age 59)
    Managing Partner of Australia
  • Mr. Bahir Manios (Age 40)
    Chief Financial Officer of Brookfield Infrastructure Group
  • Mr. Benjamin Michael Vaughan (Age 47)
    Chief Operating Officer of Brookfield Infrastructure Group
  • Mr. Jonathan Kelly (Age 36)
    Chief Investment Officer & Head of Utilities & Data infrastructure - Brookfield Infrastructure Group

Should I Buy Brookfield Infrastructure Partners Stock? BIP.UN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Brookfield Infrastructure Partners L.P.:

  • Brookfield Infrastructure Partners L.P. has a diversified portfolio across utilities, transport, energy, and data infrastructure businesses, providing investors exposure to multiple sectors.
  • The company operates essential infrastructure assets, such as natural gas transportation pipelines, electricity transmission lines, and port terminals, which tend to have stable cash flows and long-term demand.
  • Recent stock price movements indicate potential opportunities for investors, with the share price passing below the 50-day moving average, potentially signaling a buying opportunity.
  • Brookfield Infrastructure Partners L.P. has a significant market cap of C$18.73 billion, indicating its size and stability in the market.
  • The company's presence in various geographic regions provides diversification benefits and reduces exposure to specific economic or regulatory risks.

Cons

Investors should be bearish about investing in Brookfield Infrastructure Partners L.P. for these reasons:

  • Brookfield Infrastructure Partners L.P. has a high debt-to-equity ratio of 134.69, which may raise concerns about the company's financial leverage and ability to manage debt obligations.
  • The company's PE ratio of 213.32 and negative P/E/G ratio of -2.12 may indicate overvaluation or lack of growth potential compared to its current stock price.
  • While the company operates essential infrastructure assets, regulatory changes or disruptions in the sectors it operates in could impact its revenue streams and profitability.
  • Investors should consider the company's beta of 0.95, which suggests that the stock may be less volatile than the market but still subject to market fluctuations.
  • Brookfield Infrastructure Partners L.P.'s quick ratio of 0.45 and current ratio of 0.70 may raise concerns about its short-term liquidity and ability to meet immediate financial obligations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, March 26, 2024. Please send any questions or comments about these Brookfield Infrastructure Partners pros and cons to contact@marketbeat.com.

BIP.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield Infrastructure Partners stock right now?

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

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

1 Wall Street research analysts have issued 1 year price targets for Brookfield Infrastructure Partners' shares. Their BIP.UN share price targets range from C$40.00 to C$40.00. On average, they predict the company's share price to reach C$40.00 in the next twelve months. This suggests that the stock has a possible downside of 5.4%.
View analysts price targets for BIP.UN
or view top-rated stocks among Wall Street analysts.

How have BIP.UN shares performed in 2024?

Brookfield Infrastructure Partners' stock was trading at C$41.76 at the beginning of the year. Since then, BIP.UN stock has increased by 1.3% and is now trading at C$42.30.
View the best growth stocks for 2024 here
.

Is Brookfield Infrastructure Partners a good dividend stock?

Brookfield Infrastructure Partners (TSE:BIP.UN) pays an annual dividend of C$2.20 per share and currently has a dividend yield of 5.47%. BIP.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,157.89%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BIP.UN.

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.
Compare Top Brokerages Here.

This page (TSE:BIP.UN) was last updated on 3/29/2024 by MarketBeat.com Staff

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