Brookfield Infrastructure Partners (BIP) Expected to Announce Quarterly Earnings on Thursday

Brookfield Infrastructure Partners (NYSE:BIPGet Free Report) (TSE:BIP.UN) is projected to issue its quarterly earnings data before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $1,953,564.50 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Brookfield Infrastructure Partners Trading Down 1.7 %

NYSE BIP opened at $32.79 on Tuesday. The stock’s 50-day simple moving average is $32.96 and its two-hundred day simple moving average is $32.90. Brookfield Infrastructure Partners has a twelve month low of $24.84 and a twelve month high of $36.50. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of 1.72. The company has a market capitalization of $15.22 billion, a price-to-earnings ratio of -86.28 and a beta of 1.07.

Brookfield Infrastructure Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th were paid a dividend of $0.405 per share. The ex-dividend date was Friday, November 29th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 4.94%. Brookfield Infrastructure Partners’s dividend payout ratio (DPR) is currently -426.32%.

Wall Street Analysts Forecast Growth

BIP has been the topic of a number of recent research reports. Raymond James raised their price objective on Brookfield Infrastructure Partners from $44.00 to $46.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 21st. StockNews.com downgraded Brookfield Infrastructure Partners from a “hold” rating to a “sell” rating in a report on Friday. TD Securities boosted their price target on Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, Jefferies Financial Group boosted their price target on Brookfield Infrastructure Partners from $35.00 to $39.00 and gave the company a “buy” rating in a report on Monday, September 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $40.60.

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Brookfield Infrastructure Partners Company Profile

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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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Earnings History for Brookfield Infrastructure Partners (NYSE:BIP)

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