Brookfield Infrastructure Partners (BIP) to Release Earnings on Wednesday

Brookfield Infrastructure Partners (NYSE:BIP - Get Free Report) TSE: BIP.UN is anticipated to issue its Q1 2025 quarterly earnings data 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 issued its earnings results on Thursday, January 30th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.58. Brookfield Infrastructure Partners had a return on equity of 1.17% and a net margin of 1.64%. 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 traded up $0.12 on Monday, hitting $29.02. 145,860 shares of the stock were exchanged, compared to its average volume of 444,674. The firm's 50 day moving average is $29.46 and its two-hundred day moving average is $32.07. Brookfield Infrastructure Partners has a one year low of $25.72 and a one year high of $36.50. The firm has a market capitalization of $13.47 billion, a PE ratio of 726.56 and a beta of 1.04. The company has a current ratio of 0.08, a quick ratio of 0.72 and a debt-to-equity ratio of 1.72.

Brookfield Infrastructure Partners Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders 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 yield of 5.93%. The ex-dividend date of this dividend was Friday, February 28th. This is a positive change from Brookfield Infrastructure Partners's previous quarterly dividend of $0.41. Brookfield Infrastructure Partners's dividend payout ratio (DPR) is currently 4,300.00%.

Analyst Ratings Changes

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