National Bank Financial Weighs in on BIP FY2025 Earnings

Brookfield Infrastructure Partners L.P. (NYSE:BIP - Free Report) TSE: BIP.UN - Equities researchers at National Bank Financial decreased their FY2025 earnings estimates for Brookfield Infrastructure Partners in a research report issued to clients and investors on Thursday, May 1st. National Bank Financial analyst P. Kenny now expects that the utilities provider will post earnings per share of $3.33 for the year, down from their previous estimate of $3.45. The consensus estimate for Brookfield Infrastructure Partners' current full-year earnings is $3.45 per share.

Brookfield Infrastructure Partners (NYSE:BIP - Get Free Report) TSE: BIP.UN last released its earnings results on Wednesday, April 30th. The utilities provider reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.01. Brookfield Infrastructure Partners had a return on equity of 1.17% and a net margin of 1.64%. The company had revenue of $5.39 billion for the quarter, compared to the consensus estimate of $2 billion. During the same quarter last year, the business posted $0.78 EPS.

A number of other research firms also recently issued reports on BIP. TD Securities raised their price target on shares of Brookfield Infrastructure Partners from $50.00 to $53.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Royal Bank of Canada reiterated an "outperform" rating and set a $40.00 price target on shares of Brookfield Infrastructure Partners in a research report on Tuesday, March 25th. Scotiabank boosted their price objective on Brookfield Infrastructure Partners from $38.00 to $41.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. StockNews.com raised Brookfield Infrastructure Partners from a "sell" rating to a "hold" rating in a research report on Saturday, February 1st. Finally, Citigroup reduced their price target on shares of Brookfield Infrastructure Partners from $34.00 to $31.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Brookfield Infrastructure Partners currently has a consensus rating of "Buy" and a consensus target price of $41.67.

Brookfield Infrastructure Partners Stock Performance

BIP traded up $0.52 during trading hours on Monday, hitting $31.68. 285,386 shares of the stock were exchanged, compared to its average volume of 442,433. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.08 and a quick ratio of 0.72. Brookfield Infrastructure Partners has a 12 month low of $25.72 and a 12 month high of $36.50. The stock has a 50-day simple moving average of $29.12 and a 200-day simple moving average of $31.86. The stock has a market cap of $14.71 billion, a price-to-earnings ratio of 792.15 and a beta of 1.07.

Brookfield Infrastructure Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a $0.43 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.72 dividend on an annualized basis and a yield of 5.43%. Brookfield Infrastructure Partners's dividend payout ratio is presently -8,600.00%.

Institutional Trading of Brookfield Infrastructure Partners

A number of hedge funds and other institutional investors have recently made changes to their positions in BIP. Principal Financial Group Inc. raised its stake in shares of Brookfield Infrastructure Partners by 2.7% in the 3rd quarter. Principal Financial Group Inc. now owns 23,809,423 shares of the utilities provider's stock worth $834,282,000 after buying an additional 616,373 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Brookfield Infrastructure Partners in the third quarter worth about $101,000. B. Riley Wealth Advisors Inc. bought a new stake in Brookfield Infrastructure Partners in the third quarter worth about $277,000. JPMorgan Chase & Co. lifted its holdings in Brookfield Infrastructure Partners by 24.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,130 shares of the utilities provider's stock valued at $775,000 after acquiring an additional 4,281 shares during the last quarter. Finally, UMB Bank n.a. grew its stake in shares of Brookfield Infrastructure Partners by 8,540.8% in the 4th quarter. UMB Bank n.a. now owns 28,774 shares of the utilities provider's stock worth $915,000 after purchasing an additional 28,441 shares during the last quarter. 57.92% of the stock is currently owned by institutional investors.

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.