National Bank Financial Forecasts BIP FY2025 Earnings

Brookfield Infrastructure Partners L.P. (NYSE:BIP) (TSE:BIP.UN) – Investment analysts at National Bank Financial upped their FY2025 earnings estimates for Brookfield Infrastructure Partners in a research note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the utilities provider will earn $3.45 per share for the year, up from their previous 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.

Several other equities research analysts also recently weighed in on the company. 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. TD Securities increased their price target on shares of Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, StockNews.com upgraded shares of Brookfield Infrastructure Partners from a “sell” rating to a “hold” rating in a research note on Saturday, November 16th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Brookfield Infrastructure Partners presently has a consensus rating of “Moderate Buy” and an average target price of $40.20.

Brookfield Infrastructure Partners Stock Down 0.2 %

Shares of NYSE BIP opened at $32.65 on Wednesday. The business has a 50-day moving average price of $33.54 and a 200 day moving average price of $32.55. The stock has a market cap of $15.08 billion, a PE ratio of -85.92 and a beta of 1.07. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of 1.72. Brookfield Infrastructure Partners has a 52-week low of $24.84 and a 52-week high of $36.50.

Brookfield Infrastructure Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, November 29th were given a dividend of $0.405 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.62 dividend on an annualized basis and a yield of 4.96%. Brookfield Infrastructure Partners’s payout ratio is currently -426.32%.

Institutional Trading of Brookfield Infrastructure Partners

Several hedge funds have recently made changes to their positions in the company. Cedar Mountain Advisors LLC purchased a new position in Brookfield Infrastructure Partners during the third quarter worth about $26,000. Dunhill Financial LLC purchased a new position in shares of Brookfield Infrastructure Partners during the 3rd quarter worth approximately $30,000. Asset Dedication LLC acquired a new stake in shares of Brookfield Infrastructure Partners in the 2nd quarter valued at approximately $46,000. Truvestments Capital LLC purchased a new stake in shares of Brookfield Infrastructure Partners in the third quarter valued at approximately $77,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Brookfield Infrastructure Partners in the third quarter worth $101,000. Institutional investors and hedge funds own 57.92% of the company’s stock.

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.