Equities Analysts Issue Forecasts for BIP FY2025 Earnings

Brookfield Infrastructure Partners L.P. (NYSE:BIP) (TSE:BIP.UN) – Equities researchers at National Bank Financial increased their FY2025 earnings per share estimates for shares of Brookfield Infrastructure Partners in a report released on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the utilities provider will earn $3.45 per share for the year, up from their prior 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.

BIP has been the subject of several other reports. TD Securities upped their price target on Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Jefferies Financial Group raised their target price on shares of Brookfield Infrastructure Partners from $35.00 to $39.00 and gave the company a “buy” rating in a research note on Monday, September 30th. Finally, StockNews.com upgraded shares of Brookfield Infrastructure Partners from a “sell” rating to a “hold” rating in a report on Saturday, November 16th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Brookfield Infrastructure Partners presently has a consensus rating of “Moderate Buy” and an average price target of $40.20.

Brookfield Infrastructure Partners Stock Performance

NYSE:BIP opened at $32.69 on Wednesday. The stock has a 50-day moving average price of $33.59 and a 200 day moving average price of $32.55. The stock has a market capitalization of $15.09 billion, a P/E ratio of -86.03 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. The company has a current ratio of 0.77, a quick ratio of 0.72 and a debt-to-equity ratio of 1.72.

Brookfield Infrastructure Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th were paid a $0.405 dividend. This represents a $1.62 annualized dividend and a dividend yield of 4.96%. The ex-dividend date was Friday, November 29th. Brookfield Infrastructure Partners’s payout ratio is -426.32%.

Hedge Funds Weigh In On Brookfield Infrastructure Partners

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wulff Hansen & CO. raised its holdings in Brookfield Infrastructure Partners by 2,562.9% during the 2nd quarter. Wulff Hansen & CO. now owns 1,615,448 shares of the utilities provider’s stock valued at $44,328,000 after buying an additional 1,554,782 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Brookfield Infrastructure Partners in the third quarter valued at $410,650,000. Intact Investment Management Inc. bought a new stake in shares of Brookfield Infrastructure Partners in the 3rd quarter worth about $40,286,000. CCLA Investment Management boosted its stake in shares of Brookfield Infrastructure Partners by 35.0% during the 2nd quarter. CCLA Investment Management now owns 4,341,905 shares of the utilities provider’s stock worth $119,180,000 after purchasing an additional 1,125,964 shares during the period. Finally, Pathway Financial Advisers LLC grew its holdings in Brookfield Infrastructure Partners by 1,616.3% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,079,521 shares of the utilities provider’s stock valued at $37,826,000 after purchasing an additional 1,016,623 shares during the last quarter. Hedge funds and other institutional investors own 57.92% of the company’s stock.

About Brookfield Infrastructure Partners

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.