Brookfield Infrastructure Partners (BIP) to Release Quarterly Earnings on Wednesday

Brookfield Infrastructure Partners (NYSE:BIP - Get Free Report) TSE: BIP.UN will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, April 30th. Analysts expect Brookfield Infrastructure Partners to post earnings of $0.84 per share and revenue of $2.00 billion for the quarter.

Brookfield Infrastructure Partners (NYSE:BIP - Get Free Report) TSE: BIP.UN last released its quarterly earnings results on Thursday, January 30th. The utilities provider reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.58. Brookfield Infrastructure Partners had a net margin of 1.64% and a return on equity of 1.17%. On average, analysts expect Brookfield Infrastructure Partners to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Brookfield Infrastructure Partners Stock Performance

Shares of BIP stock opened at $28.78 on Wednesday. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.08 and a quick ratio of 0.72. The company's fifty day moving average price is $29.71 and its two-hundred day moving average price is $32.19. The firm has a market capitalization of $13.36 billion, a P/E ratio of 719.78 and a beta of 1.04. Brookfield Infrastructure Partners has a 12 month low of $25.72 and a 12 month high of $36.50.

Brookfield Infrastructure Partners Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 5.98%. This is a positive change from Brookfield Infrastructure Partners's previous quarterly dividend of $0.41. The ex-dividend date was Friday, February 28th. Brookfield Infrastructure Partners's payout ratio is presently 4,300.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Raymond James lifted their price objective on Brookfield Infrastructure Partners from $44.00 to $46.00 and gave the stock a "strong-buy" rating in a report on Thursday, January 30th. StockNews.com raised shares of Brookfield Infrastructure Partners from a "sell" rating to a "hold" rating in a report on Saturday, February 1st. Royal Bank of Canada reissued an "outperform" rating and set a $40.00 price objective on shares of Brookfield Infrastructure Partners in a report on Tuesday, March 25th. TD Securities upped their target price on shares of Brookfield Infrastructure Partners from $50.00 to $53.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. Finally, Scotiabank lifted their price target on Brookfield Infrastructure Partners from $38.00 to $41.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Brookfield Infrastructure Partners presently has an average rating of "Buy" and an average target price of $42.50.

Brookfield Infrastructure Partners Company Profile

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.

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