Raymond James Issues Negative Estimate for BIP Earnings

Brookfield Infrastructure Partners L.P. (NYSE:BIP - Free Report) TSE: BIP.UN - Analysts at Raymond James cut their Q1 2025 earnings per share (EPS) estimates for Brookfield Infrastructure Partners in a research note issued on Tuesday, January 21st. Raymond James analyst F. Bastien now forecasts that the utilities provider will earn $0.85 per share for the quarter, down from their previous forecast of $0.87. Raymond James currently has a "Strong-Buy" rating and a $46.00 target price on the stock. The consensus estimate for Brookfield Infrastructure Partners' current full-year earnings is $3.08 per share. Raymond James also issued estimates for Brookfield Infrastructure Partners' Q3 2025 earnings at $0.85 EPS, Q4 2025 earnings at $0.86 EPS and Q4 2026 earnings at $0.93 EPS.

Other equities analysts have also issued reports about the company. TD Securities increased their price objective on Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the company a "buy" rating in a report on Thursday, November 7th. StockNews.com raised Brookfield Infrastructure Partners from a "sell" rating to a "hold" rating in a report on Saturday, November 16th. Finally, Jefferies Financial Group increased their price objective on Brookfield Infrastructure Partners from $35.00 to $39.00 and gave the company a "buy" rating in a report on Monday, September 30th. Three 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $40.60.

Brookfield Infrastructure Partners Stock Performance

Shares of BIP stock traded up $1.27 during trading on Thursday, hitting $33.60. The company's stock had a trading volume of 492,600 shares, compared to its average volume of 337,555. The business has a fifty day moving average of $32.99 and a 200-day moving average of $32.80. Brookfield Infrastructure Partners has a 52 week low of $24.84 and a 52 week high of $36.50. The company has a market cap of $15.59 billion, a PE ratio of -88.41 and a beta of 1.07. The company has a current ratio of 0.77, a quick ratio of 0.72 and a debt-to-equity ratio of 1.72.

Hedge Funds Weigh In On Brookfield Infrastructure Partners

A number of large investors have recently made changes to their positions in the stock. Creative Planning boosted its holdings in shares of Brookfield Infrastructure Partners by 0.6% in the third quarter. Creative Planning now owns 67,445 shares of the utilities provider's stock worth $2,363,000 after acquiring an additional 389 shares during the period. Insight Folios Inc boosted its holdings in shares of Brookfield Infrastructure Partners by 3.2% in the third quarter. Insight Folios Inc now owns 16,741 shares of the utilities provider's stock worth $587,000 after acquiring an additional 525 shares during the period. EP Wealth Advisors LLC boosted its holdings in shares of Brookfield Infrastructure Partners by 3.4% in the second quarter. EP Wealth Advisors LLC now owns 18,068 shares of the utilities provider's stock worth $496,000 after acquiring an additional 591 shares during the period. Cedar Mountain Advisors LLC purchased a new stake in shares of Brookfield Infrastructure Partners in the third quarter worth $26,000. Finally, Tacita Capital Inc raised its position in shares of Brookfield Infrastructure Partners by 0.6% in the third quarter. Tacita Capital Inc now owns 147,208 shares of the utilities provider's stock worth $5,173,000 after buying an additional 837 shares in the last quarter. 57.92% of the stock is owned by institutional investors.

Brookfield Infrastructure Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th were issued a $0.405 dividend. This represents a $1.62 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date of this dividend was Friday, November 29th. Brookfield Infrastructure Partners's payout ratio is currently -426.32%.

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.