Brokers Set Expectations for BIP FY2025 Earnings

Brookfield Infrastructure Partners L.P. (NYSE:BIP) (TSE:BIP.UN) – National Bank Financial upped their FY2025 earnings per share estimates for shares of Brookfield Infrastructure Partners in a research report issued to clients and investors on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the utilities provider will post earnings per share of $3.45 for the year, up from their previous estimate 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 research firms also recently issued reports on BIP. StockNews.com upgraded shares of Brookfield Infrastructure Partners from a “sell” rating to a “hold” rating in a research note on Saturday, November 16th. Jefferies Financial Group raised their price target on Brookfield Infrastructure Partners from $35.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, September 30th. Finally, TD Securities boosted their price objective on Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $40.20.

Brookfield Infrastructure Partners Trading Down 0.2 %

Shares of Brookfield Infrastructure Partners stock opened at $32.65 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.72 and a debt-to-equity ratio of 1.72. The company has a fifty day simple moving average of $33.59 and a 200-day simple moving average of $32.55. The stock has a market cap of $15.08 billion, a price-to-earnings ratio of -85.92 and a beta of 1.07. Brookfield Infrastructure Partners has a 12-month low of $24.84 and a 12-month high of $36.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BIP. Citigroup Inc. lifted its holdings in shares of Brookfield Infrastructure Partners by 159.5% during the third quarter. Citigroup Inc. now owns 175,434 shares of the utilities provider’s stock worth $6,147,000 after purchasing an additional 107,821 shares during the period. GSA Capital Partners LLP raised its position in Brookfield Infrastructure Partners by 197.9% during the 3rd quarter. GSA Capital Partners LLP now owns 71,941 shares of the utilities provider’s stock worth $2,521,000 after buying an additional 47,792 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of Brookfield Infrastructure Partners by 5.4% in the 3rd quarter. National Bank of Canada FI now owns 2,550,270 shares of the utilities provider’s stock worth $89,362,000 after acquiring an additional 130,371 shares during the period. FMR LLC boosted its holdings in shares of Brookfield Infrastructure Partners by 87.1% in the third quarter. FMR LLC now owns 24,090 shares of the utilities provider’s stock valued at $844,000 after acquiring an additional 11,217 shares in the last quarter. Finally, Northwest & Ethical Investments L.P. acquired a new position in shares of Brookfield Infrastructure Partners during the third quarter worth about $2,566,000. 57.92% of the stock is currently owned by hedge funds and other institutional investors.

Brookfield Infrastructure Partners Dividend Announcement

The business 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 -426.32%.

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.