Equities Analysts Issue Forecasts for BIP FY2025 Earnings

Brookfield Infrastructure Partners L.P. (NYSE:BIP - Free Report) TSE: BIP.UN - Stock analysts at National Bank Financial lowered their FY2025 earnings per share estimates for Brookfield Infrastructure Partners in a research note issued to investors on Thursday, May 1st. National Bank Financial analyst P. Kenny now expects that the utilities provider will earn $3.33 per share for the year, down from their prior forecast 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 issued its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.01. Brookfield Infrastructure Partners had a net margin of 1.64% and a return on equity of 1.17%. The business had revenue of $5.39 billion during the quarter, compared to the consensus estimate of $2 billion. During the same quarter in the prior year, the firm posted $0.78 earnings per share.

BIP has been the topic of a number of other research reports. Royal Bank of Canada reissued an "outperform" rating and issued a $40.00 price target on shares of Brookfield Infrastructure Partners in a research note on Tuesday, March 25th. StockNews.com raised shares of Brookfield Infrastructure Partners from a "sell" rating to a "hold" rating in a research note on Saturday, February 1st. Scotiabank raised 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 boosted their price objective on Brookfield Infrastructure Partners from $50.00 to $53.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Finally, Citigroup decreased their target price on Brookfield Infrastructure Partners from $34.00 to $31.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $41.67.

Brookfield Infrastructure Partners Price Performance

BIP stock traded down $0.08 during mid-day trading on Monday, reaching $31.85. 93,093 shares of the company's stock were exchanged, compared to its average volume of 564,653. The company has a market cap of $14.79 billion, a price-to-earnings ratio of 796.45 and a beta of 1.07. Brookfield Infrastructure Partners has a 12-month low of $25.72 and a 12-month high of $36.50. The stock's 50 day moving average is $29.14 and its 200 day moving average is $31.83. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a dividend of $0.43 per share. 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 5.40%. Brookfield Infrastructure Partners's payout ratio is -8,600.00%.

Institutional Trading of Brookfield Infrastructure Partners

Several large investors have recently added to or reduced their stakes in the stock. Promus Capital LLC acquired a new position in shares of Brookfield Infrastructure Partners during the 4th quarter valued at about $26,000. Compass Planning Associates Inc acquired a new position in Brookfield Infrastructure Partners in the 4th quarter valued at about $28,000. Larson Financial Group LLC purchased a new stake in shares of Brookfield Infrastructure Partners in the 4th quarter valued at approximately $30,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Brookfield Infrastructure Partners during the 4th quarter worth approximately $32,000. Finally, North Capital Inc. purchased a new stake in shares of Brookfield Infrastructure Partners during the 1st quarter valued at approximately $35,000. 57.92% of the stock is currently owned by hedge funds and other 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.