InfraREIT Company Profile (NYSE:HIFR)

About InfraREIT (NYSE:HIFR)

InfraREIT logoInfraREIT, Inc. is a real estate investment trust. The Company is engaged in owning and leasing rate-regulated transmission and distribution (T&D) assets in Texas. It leases its T&D assets to Sharyland Utilities, L.P. Its assets are located in the Texas Panhandle near Amarillo, the Permian Basin in and around Stanton, Central Texas around Brady, Northeast Texas in and around Celeste and South Texas near McAllen. As of December 31, 2016, its T&D assets consisted of approximately 54,000 electricity delivery points, approximately 815 circuit miles of transmission lines, approximately 40,500 circuit miles of distribution lines, 57 substations and a 300 megawatt high-voltage direct current (DC) Tie between Texas and Mexico (Railroad DC Tie). As of December 31, 2016, its T&D assets in each of its leases included S/B/C Lease, McAllen Lease, competitive renewable energy zone (CREZ) Lease, Stanton Transmission Loop Lease and Electric Reliability Council of Texas (ERCOT) Transmission Lease.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Specialized REITs - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:HIFR
  • CUSIP: N/A
  • Web: www.infrareitinc.com
Capitalization:
  • Market Cap: $871.18 million
  • Outstanding Shares: 43,778,000
Average Prices:
  • 50 Day Moving Avg: $19.54
  • 200 Day Moving Avg: $18.21
  • 52 Week Range: $14.59 - $20.08
P/E:
  • Trailing P/E Ratio: 16.88
  • Foreward P/E Ratio: 14.53
  • P/E Growth: 225.14
Sales & Book Value:
  • Annual Revenue: $178.06 million
  • Price / Sales: 4.89
  • Book Value: $15.65 per share
  • Price / Book: 1.27
Dividend:
  • Annual Dividend: $1.00
  • Dividend Yield: 5.0%
Profitability:
  • EBIDTA: $155.77 million
  • Net Margins: 28.97%
  • Return on Equity: 7.22%
  • Return on Assets: 3.67%
Debt:
  • Debt-to-Equity Ratio: 0.75%
  • Current Ratio: 0.15%
  • Quick Ratio: 0.15%
Misc:
  • Average Volume: 203,446 shs.
  • Beta: 0.42
  • Short Ratio: 1.59
 
Frequently Asked Questions for InfraREIT (NYSE:HIFR)

What is InfraREIT's stock symbol?

InfraREIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIFR."

How often does InfraREIT pay dividends? What is the dividend yield for InfraREIT?

InfraREIT declared a quarterly dividend on Monday, June 5th. Investors of record on Friday, June 30th will be paid a dividend of $0.25 per share on Thursday, July 20th. This represents a $1.00 annualized dividend and a yield of 5.03%. The ex-dividend date is Wednesday, June 28th. View InfraREIT's Dividend History.

How were InfraREIT's earnings last quarter?

InfraREIT, Inc. (NYSE:HIFR) announced its quarterly earnings data on Thursday, May, 4th. The company reported $0.30 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.33 by $0.03. The company earned $39.62 million during the quarter. InfraREIT had a return on equity of 7.22% and a net margin of 28.97%. View InfraREIT's Earnings History.

Where is InfraREIT's stock going? Where will InfraREIT's stock price be in 2017?

4 brokerages have issued twelve-month target prices for InfraREIT's shares. Their forecasts range from $19.00 to $19.00. On average, they anticipate InfraREIT's share price to reach $19.00 in the next year. View Analyst Ratings for InfraREIT.

Who are some of InfraREIT's key competitors?

Who are InfraREIT's key executives?

InfraREIT's management team includes the folowing people:

  • W. Kirk Baker, Chairman of the Board
  • David A. Campbell, President, Chief Executive Officer, Director
  • Brant M. Meleski, Chief Financial Officer, Senior Vice President
  • Stacey H. Dore, Senior Vice President, General Counsel
  • Lance J. Phillips, Principal Accounting Officer
  • Hunter L. Hunt, Director
  • John S. Gates Jr., Independent Director
  • Storrow M. Gordon, Independent Director
  • Trudy A. Harper, Independent Director
  • Harold R. Logan Jr., Independent Director

When did InfraREIT IPO?

(HIFR) raised $400 million in an initial public offering (IPO) on Friday, January 30th 2015. The company issued 20,000,000 shares at $19.00-$21.00 per share. BofA Merrill Lynch and Citigroup acted as the underwriters for the IPO and RBC Capital Markets, Morgan Stanley, UBS Investment Bank, Wells Fargo Securities, Scotiabank and SOCI�T� G�N�RALE were co-managers.

Who owns InfraREIT stock?

InfraREIT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Pensionfund DSM Netherlands (0.20%), Bank of Montreal Can (0.10%), Pensionfund Sabic (0.08%), Aperio Group LLC (0.06%) and Meeder Asset Management Inc. (0.06%). Company insiders that own InfraREIT stock include Brant Meleski, David A Campbell, Hancock Life Insurance Co John, Insurance & Annuity A Teachers, John A Gates and Optrust NA Holding Trust. View Institutional Ownership Trends for InfraREIT.

Who sold InfraREIT stock? Who is selling InfraREIT stock?

InfraREIT's stock was sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc.. View Insider Buying and Selling for InfraREIT.

Who bought InfraREIT stock? Who is buying InfraREIT stock?

InfraREIT's stock was bought by a variety of institutional investors in the last quarter, including Aperio Group LLC and Bank of Montreal Can. Company insiders that have bought InfraREIT stock in the last two years include Brant Meleski, David A Campbell and John A Gates. View Insider Buying and Selling for InfraREIT.

How do I buy InfraREIT stock?

Shares of InfraREIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is InfraREIT's stock price today?

One share of InfraREIT stock can currently be purchased for approximately $19.90.


MarketBeat Community Rating for InfraREIT (NYSE HIFR)
Community Ranking:  2.9 out of 5 ( )
Outperform Votes:  83 (Vote Outperform)
Underperform Votes:  61 (Vote Underperform)
Total Votes:  144
MarketBeat's community ratings are surveys of what our community members think about InfraREIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for InfraREIT (NYSE:HIFR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $19.00 (4.52% downside)

Analysts' Ratings History for InfraREIT (NYSE:HIFR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/24/2017Wolfe ResearchUpgradeMarket Perform -> OutperformHighView Rating Details
1/4/2017Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$20.00 -> $19.00N/AView Rating Details
11/4/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
8/16/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
3/14/2016MacquarieDowngradeOutperform -> NeutralN/AView Rating Details
3/7/2016Evercore ISILower Price TargetBuy$29.00 -> $22.00N/AView Rating Details
1/7/2016Citigroup Inc.Lower Price TargetBuy$30.00 -> $28.00N/AView Rating Details
(Data available from 7/23/2015 forward)

Earnings

Earnings History for InfraREIT (NYSE:HIFR)
Earnings by Quarter for InfraREIT (NYSE:HIFR)
Earnings History by Quarter for InfraREIT (NYSE HIFR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.33$0.30$39.62 millionViewListenView Earnings Details
2/28/2017Q416$0.29$0.28$65.43 million$55.23 millionViewListenView Earnings Details
11/3/2016Q316$0.24$0.32$170.59 million$49.42 millionViewN/AView Earnings Details
8/3/2016Q216$0.21$0.30$171.65 million$33.79 millionViewN/AView Earnings Details
5/5/2016Q116$0.28$0.31$170.18 million$33.70 millionViewN/AView Earnings Details
3/3/2016Q415$0.31$146.34 million$50.90 millionViewN/AView Earnings Details
11/6/2015Q315$0.32$147.23 million$41.45 millionViewN/AView Earnings Details
8/7/2015Q215$0.15$150.28 million$29.50 millionViewN/AView Earnings Details
5/13/2015Q115($0.02)$0.06$24.80 million$29.40 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for InfraREIT (NYSE:HIFR)
Current Year EPS Consensus Estimate: $1.27 EPS
Next Year EPS Consensus Estimate: $1.37 EPS

Dividends

Current Dividend Information for InfraREIT (NYSE:HIFR)
Most Recent Dividend:7/20/2017
Annual Dividend:$1.00
Dividend Yield:5.03%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:84.75% (Trailing 12 Months of Earnings)
78.74% (Based on This Year's Estimates)
72.99% (Based on Next Year's Estimates)
Dividend Payments by Quarter for InfraREIT (NYSE:HIFR)

Dividend History by Quarter for InfraREIT (NYSE HIFR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/5/2017quarterly$0.255.15%6/28/20176/30/20177/20/2017
2/28/2017quarterly$0.256.01%3/29/20173/31/20174/20/2017
12/5/2016quarterly$0.255.77%12/28/201612/30/20161/19/2017
9/2/2016quarterly$0.255.31%9/28/20169/30/201610/20/2016
6/6/2016quarterly$0.255.82%6/28/20166/30/20167/21/2016
3/3/2016quarterly$0.255.24%3/29/20163/31/20164/21/2016
12/7/2015quarterly$0.234.5%12/29/201512/31/20151/21/2016
9/4/2015quarterly$0.233.27%9/28/20159/30/201510/22/2015
6/8/2015quarterly$0.232.85%6/26/20156/30/20157/23/2015
3/9/2015special$0.143/27/20153/31/20154/23/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for InfraREIT (NYSE:HIFR)
Insider Ownership Percentage: 28.00%
Institutional Ownership Percentage: 84.25%
Insider Trades by Quarter for InfraREIT (NYSE:HIFR)
Institutional Ownership by Quarter for InfraREIT (NYSE:HIFR)
Insider Trades by Quarter for InfraREIT (NYSE:HIFR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/20/2017Insurance & Annuity A TeachersMajor ShareholderSell65,336$19.72$1,288,425.92View SEC Filing  
7/19/2017Insurance & Annuity A TeachersMajor ShareholderSell62,746$19.66$1,233,586.36View SEC Filing  
7/18/2017Insurance & Annuity A TeachersMajor ShareholderSell50,000$19.79$989,500.00View SEC Filing  
12/9/2015John A. GatesDirectorBuy2,500$20.23$50,575.00View SEC Filing  
12/8/2015David A CampbellCEOBuy5,000$20.54$102,700.00View SEC Filing  
12/7/2015Brant MeleskiCFOBuy5,000$20.26$101,300.00View SEC Filing  
12/7/2015David A CampbellCEOBuy25,000$20.30$507,500.00View SEC Filing  
11/9/2015Optrust N.A Holding TrustMajor ShareholderSell5,900$23.29$137,411.00View SEC Filing  
11/4/2015Optrust N.A Holding Trustmajor shareholderSell46,611$24.86$1,158,749.46View SEC Filing  
11/2/2015Optrust N.A Holding Trustmajor shareholderSell74,439$24.50$1,823,755.50View SEC Filing  
10/29/2015Optrust N.A Holding Trustmajor shareholderSell43,250$24.49$1,059,192.50View SEC Filing  
10/27/2015Optrust N.A Holding Trustmajor shareholderSell42,311$24.29$1,027,734.19View SEC Filing  
10/22/2015Optrust N.A Holding Trustmajor shareholderSell36,123$24.40$881,401.20View SEC Filing  
10/20/2015Optrust N.A Holding Trustmajor shareholderSell33,885$24.52$830,860.20View SEC Filing  
10/19/2015Optrust N.A Holding Trustmajor shareholderSell30,000$24.69$740,700.00View SEC Filing  
9/24/2015Hancock Life Insurance Co JohnMajor ShareholderSell82,633$25.33$2,093,093.89View SEC Filing  
9/23/2015Hancock Life Insurance Co Johnmajor shareholderSell140,000$26.27$3,677,800.00View SEC Filing  
9/21/2015Hancock Life Insurance Co Johnmajor shareholderSell70,000$26.84$1,878,800.00View SEC Filing  
9/17/2015Hancock Life Insurance Co Johnmajor shareholderSell110,000$27.33$3,006,300.00View SEC Filing  
9/15/2015Hancock Life Insurance Co Johnmajor shareholderSell38,367$28.29$1,085,402.43View SEC Filing  
9/11/2015Hancock Life Insurance Co Johnmajor shareholderSell60,000$28.39$1,703,400.00View SEC Filing  
9/9/2015Hancock Life Insurance Co Johnmajor shareholderSell56,000$28.63$1,603,280.00View SEC Filing  
9/8/2015Hancock Life Insurance Co Johnmajor shareholderSell50,000$28.65$1,432,500.00View SEC Filing  
9/3/2015Hancock Life Insurance Co Johnmajor shareholderSell33,000$27.81$917,730.00View SEC Filing  
9/1/2015Hancock Life Insurance Co Johnmajor shareholderSell40,000$28.15$1,126,000.00View SEC Filing  
8/28/2015Hancock Life Insurance Co Johnmajor shareholderSell80,000$28.93$2,314,400.00View SEC Filing  
8/26/2015Hancock Life Insurance Co Johnmajor shareholderSell30,000$27.47$824,100.00View SEC Filing  
8/21/2015Hancock Life Insurance Co Johnmajor shareholderSell70,000$29.55$2,068,500.00View SEC Filing  
8/19/2015Hancock Life Insurance Co Johnmajor shareholderSell60,000$29.75$1,785,000.00View SEC Filing  
8/17/2015Hancock Life Insurance Co JohnMajor ShareholderSell70,000$29.73$2,081,100.00View SEC Filing  
8/13/2015Hancock Life Insurance Co JohnMajor ShareholderSell300,000$29.48$8,844,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for InfraREIT (NYSE:HIFR)
Latest Headlines for InfraREIT (NYSE:HIFR)
Source:
DateHeadline
americanbankingnews.com logoQTS Realty Trust (QTS) versus InfraREIT (NYSE:HIFR) Financial Contrast
www.americanbankingnews.com - July 23 at 12:06 AM
americanbankingnews.com logoInsurance & Annuity A. Teachers Sells 62,746 Shares of InfraREIT, Inc. (HIFR) Stock
www.americanbankingnews.com - July 20 at 7:44 PM
americanbankingnews.com logoInsurance & Annuity A. Teachers Sells 65,336 Shares of InfraREIT, Inc. (NYSE:HIFR) Stock
www.americanbankingnews.com - July 20 at 7:44 PM
americanbankingnews.com logoInsurance & Annuity A. Teachers Sells 50,000 Shares of InfraREIT, Inc. (HIFR) Stock
www.americanbankingnews.com - July 19 at 7:16 PM
americanbankingnews.com logo$0.31 Earnings Per Share Expected for InfraREIT, Inc. (NYSE:HIFR) This Quarter
www.americanbankingnews.com - July 18 at 11:35 AM
americanbankingnews.com logoInfraREIT, Inc. (HIFR) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 17 at 11:59 AM
americanbankingnews.com logoInfraREIT, Inc. (HIFR) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - July 17 at 12:34 AM
finance.yahoo.com logoInfraREIT, Inc. breached its 50 day moving average in a Bullish Manner : HIFR-US : July 10, 2017
finance.yahoo.com - July 10 at 7:24 PM
americanbankingnews.com logoInfraREIT (HIFR) & Drive Shack (DS) Financial Review
www.americanbankingnews.com - July 10 at 2:20 PM
finance.yahoo.com logoInfraREIT, Inc. breached its 50 day moving average in a Bearish Manner : HIFR-US : June 29, 2017
finance.yahoo.com - June 29 at 11:43 PM
finance.yahoo.com logoInfraREIT Schedules Second Quarter 2017 Earnings Conference Call and Webcast
finance.yahoo.com - June 29 at 11:43 PM
americanbankingnews.com logo$0.31 Earnings Per Share Expected for InfraREIT, Inc. (HIFR) This Quarter
www.americanbankingnews.com - June 22 at 8:16 AM
finance.yahoo.com logoInfraREIT's Subsidiary Closes New Senior Secured Term Loan
finance.yahoo.com - June 5 at 8:47 PM
americanbankingnews.com logoInfraREIT Inc (HIFR) to Issue Quarterly Dividend of $0.25
www.americanbankingnews.com - June 5 at 6:18 PM
americanbankingnews.com logo Brokerages Anticipate InfraREIT Inc (HIFR) Will Post Earnings of $0.31 Per Share
www.americanbankingnews.com - May 27 at 12:34 AM
americanbankingnews.com logoInfraREIT Inc (HIFR) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 19 at 10:18 PM
finance.yahoo.com logoIs InfraREIT a Great Stock for Value Investors?
finance.yahoo.com - May 15 at 11:06 AM
americanbankingnews.com logoInfraREIT Inc (HIFR) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS
www.americanbankingnews.com - May 8 at 6:04 PM
finance.yahoo.com logoEdited Transcript of HIFR earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 8 at 5:21 PM
finance.yahoo.com logoInfraREIT Reports First Quarter 2017 Results
finance.yahoo.com - May 4 at 5:49 PM
americanbankingnews.com logo Brokerages Expect InfraREIT Inc (HIFR) Will Post Earnings of $0.33 Per Share
www.americanbankingnews.com - May 3 at 2:04 PM
americanbankingnews.com logoInfraREIT (HIFR) Given Daily News Sentiment Rating of 0.22
www.americanbankingnews.com - May 3 at 10:32 AM
americanbankingnews.com logoInfraREIT (HIFR) Given News Impact Score of -0.06
www.americanbankingnews.com - April 30 at 1:53 PM
americanbankingnews.com logoInfraREIT (HIFR) Earning Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 28 at 12:08 AM
americanbankingnews.com logoInfraREIT Inc (HIFR) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - April 26 at 12:52 AM
finance.yahoo.com logoINFRAREIT (HIFR) Shows Strength: Stock Moves 5.1% Higher
finance.yahoo.com - April 25 at 10:54 AM
americanbankingnews.com logoInfraREIT Inc (HIFR) Upgraded to "Outperform" by Wolfe Research
www.americanbankingnews.com - April 24 at 2:10 PM
americanbankingnews.com logoInfraREIT (HIFR) Given Daily Media Impact Rating of 0.31
www.americanbankingnews.com - April 24 at 10:50 AM
americanbankingnews.com logoInfraREIT (HIFR) Receiving Somewhat Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 21 at 3:59 PM
americanbankingnews.com logoInfraREIT (HIFR) Getting Somewhat Negative News Coverage, Analysis Shows
www.americanbankingnews.com - April 16 at 1:01 PM
finance.yahoo.com logoInfraREIT, Inc. : HIFR-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 12:04 PM
finance.yahoo.com logoInfraREIT Schedules First Quarter 2017 Earnings Conference Call and Webcast
finance.yahoo.com - April 7 at 10:15 AM
finance.yahoo.com logoEdited Transcript of HIFR earnings conference call or presentation 28-Feb-17 6:00pm GMT
finance.yahoo.com - March 1 at 12:00 PM
us.rd.yahoo.com logoInfraREIT Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - February 28 at 5:49 PM
sg.finance.yahoo.com logoInfraREIT posts 4Q profit
us.rd.yahoo.com - February 28 at 5:49 PM
biz.yahoo.com logoQ4 2016 InfraREIT Inc Earnings Release - Before Market Open
biz.yahoo.com - February 28 at 9:06 AM
finance.yahoo.com logoInfraREIT Announces Quarterly Dividend
finance.yahoo.com - February 27 at 6:53 PM
finance.yahoo.com logoInfraREIT Schedules Fourth Quarter and Full Year 2016 Earnings Conference Call and Webcast
finance.yahoo.com - February 3 at 6:14 PM
finance.yahoo.com logoInfraREIT Announces Tax Characterization and Other Tax Reporting Information for 2016 Distributions
finance.yahoo.com - January 20 at 7:00 PM
us.rd.yahoo.com logoInfraREIT downgraded by RBC Capital Mkts
us.rd.yahoo.com - January 4 at 3:15 PM
biz.yahoo.com logoINFRAREIT, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements an
us.rd.yahoo.com - January 4 at 1:25 AM
publicnow.com logoInfraREIT's Regulated Subsidiary Files Amended Rate Case with the Public Utility Commission of Texas
us.rd.yahoo.com - January 3 at 11:47 AM
us.rd.yahoo.com logo8:38 am InfraREIT files an amended rate case application and rate filing packages with the Public Utility Commission of Texas consistent with a preliminary order issued in October 2016
us.rd.yahoo.com - January 3 at 11:47 AM
finance.yahoo.com logoSharyland Files Amended Rate Case; Addresses New Procedural Requirements
finance.yahoo.com - January 3 at 11:47 AM
finance.yahoo.com logoInfraREIT to Participate in the 15th Annual Wells Fargo Energy Symposium
finance.yahoo.com - November 30 at 9:21 AM
finance.yahoo.com logoInfraREIT CEO Will Also Lead Tenant, Sharyland Utilities, New Role Will Enhance Coordination of Linked Companies
finance.yahoo.com - November 29 at 4:49 PM
biz.yahoo.com logoINFRAREIT, INC. Files SEC form 8-K, Amendment or Waiver to Code of Ethics, Other Events
biz.yahoo.com - November 29 at 4:49 PM
finance.yahoo.com logoInfraREIT Announces Appointment of Stacey H. Doré as General Counsel
finance.yahoo.com - November 7 at 5:43 PM
biz.yahoo.com logoINFRAREIT, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - November 7 at 5:43 PM
seekingalpha.com logoInfraREIT's (HIFR) CEO David Campbell on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 5 at 8:13 AM

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Chart

InfraREIT (HIFR) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff