Analysts Issue Forecasts for BIP FY2025 Earnings

Brookfield Infrastructure Partners L.P. (NYSE:BIP - Free Report) TSE: BIP.UN - Equities research analysts at National Bank Financial increased their FY2025 EPS estimates for shares of Brookfield Infrastructure Partners in a report issued on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the utilities provider will post earnings of $3.45 per share for the year, up from their prior forecast of $3.25. The consensus estimate for Brookfield Infrastructure Partners' current full-year earnings is $3.07 per share. National Bank Financial also issued estimates for Brookfield Infrastructure Partners' FY2028 earnings at $3.95 EPS.

Other equities research analysts have also recently issued research reports about the stock. TD Securities increased their price target on shares of Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. Jefferies Financial Group increased their price target on shares of Brookfield Infrastructure Partners from $35.00 to $39.00 and gave the company a "buy" rating in a research report on Monday, September 30th. Finally, StockNews.com raised shares of Brookfield Infrastructure Partners from a "sell" rating to a "hold" rating in a research report on Saturday, November 16th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $40.20.

Brookfield Infrastructure Partners Trading Down 0.2 %

BIP traded down $0.06 during trading on Wednesday, hitting $32.65. 367,589 shares of the stock traded hands, compared to its average volume of 349,438. The firm has a market capitalization of $15.08 billion, a P/E ratio of -85.92 and a beta of 1.07. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.77 and a quick ratio of 0.72. The firm has a 50-day moving average of $33.59 and a 200 day moving average of $32.55. Brookfield Infrastructure Partners has a 12-month low of $24.84 and a 12-month high of $36.50.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Cedar Mountain Advisors LLC bought a new stake in Brookfield Infrastructure Partners during the 3rd quarter valued at about $26,000. Dunhill Financial LLC bought a new stake in Brookfield Infrastructure Partners during the 3rd quarter valued at about $30,000. Asset Dedication LLC bought a new stake in Brookfield Infrastructure Partners during the 2nd quarter valued at about $46,000. Truvestments Capital LLC bought a new stake in Brookfield Infrastructure Partners during the 3rd quarter valued at about $77,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Brookfield Infrastructure Partners during the 3rd quarter valued at about $101,000. 57.92% of the stock is currently owned by institutional investors.

Brookfield Infrastructure Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 29th were paid a $0.405 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.62 annualized dividend and a dividend yield of 4.96%. Brookfield Infrastructure Partners's payout ratio is -426.32%.

About Brookfield Infrastructure Partners

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 8.1 million electricity and natural gas connections; and 0.6 million long-term contracted sub-metering services.