National Bank Financial Predicts BIP FY2025 Earnings

Brookfield Infrastructure Partners L.P. (NYSE:BIP) (TSE:BIP.UN) – Research analysts at National Bank Financial raised their FY2025 earnings per share estimates for Brookfield Infrastructure Partners in a note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny now expects that the utilities provider will earn $3.45 per share 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.

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

Brookfield Infrastructure Partners Stock Performance

NYSE:BIP opened at $32.65 on Wednesday. The firm’s fifty day simple moving average is $33.59 and its 200-day simple moving average is $32.55. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of 1.72. The stock has a market cap of $15.08 billion, a PE ratio of -85.92 and a beta of 1.07. Brookfield Infrastructure Partners has a fifty-two week low of $24.84 and a fifty-two week high of $36.50.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. increased its position in Brookfield Infrastructure Partners by 2.7% during the third 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. The Manufacturers Life Insurance Company boosted its stake in shares of Brookfield Infrastructure Partners by 4.4% during the second quarter. The Manufacturers Life Insurance Company now owns 6,147,654 shares of the utilities provider’s stock valued at $168,680,000 after acquiring an additional 257,587 shares during the last quarter. CCLA Investment Management boosted its stake in shares of Brookfield Infrastructure Partners by 35.0% during the second quarter. CCLA Investment Management now owns 4,341,905 shares of the utilities provider’s stock valued at $119,180,000 after acquiring an additional 1,125,964 shares during the last quarter. Select Equity Group L.P. increased its position in Brookfield Infrastructure Partners by 29.6% during the 2nd quarter. Select Equity Group L.P. now owns 4,202,842 shares of the utilities provider’s stock worth $115,326,000 after purchasing an additional 960,120 shares in the last quarter. Finally, Toronto Dominion Bank raised its stake in Brookfield Infrastructure Partners by 24.6% in the 3rd quarter. Toronto Dominion Bank now owns 4,003,231 shares of the utilities provider’s stock valued at $140,273,000 after purchasing an additional 790,078 shares during the last quarter. 57.92% of the stock is currently owned by institutional investors and hedge funds.

Brookfield Infrastructure Partners Announces Dividend

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