BIP FY2025 EPS Forecast Increased by National Bank Financial

Brookfield Infrastructure Partners L.P. (NYSE:BIP) (TSE:BIP.UN) – Investment analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for Brookfield Infrastructure Partners in a research note issued to investors on Wednesday, November 6th. National Bank Financial analyst P. Kenny now forecasts that the utilities provider will post earnings of $3.25 per share for the year, up from their previous forecast of $3.20. The consensus estimate for Brookfield Infrastructure Partners’ current full-year earnings is $3.11 per share.

Other research analysts have also recently issued reports about the stock. Jefferies Financial Group upped their price target on shares of Brookfield Infrastructure Partners from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Monday, September 30th. TD Securities increased their price target on Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. StockNews.com lowered shares of Brookfield Infrastructure Partners from a “hold” rating to a “sell” rating in a research note on Friday, November 8th. Finally, Cibc World Mkts upgraded shares of Brookfield Infrastructure Partners to a “strong-buy” rating in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $40.20.

Brookfield Infrastructure Partners Price Performance

Shares of BIP stock opened at $34.79 on Monday. The stock has a 50 day moving average price of $34.10 and a 200 day moving average price of $31.32. The firm has a market capitalization of $16.06 billion, a P/E ratio of -91.55 and a beta of 1.06. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.76 and a current ratio of 0.03. Brookfield Infrastructure Partners has a 52-week low of $24.84 and a 52-week high of $36.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cedar Mountain Advisors LLC purchased a new stake in Brookfield Infrastructure Partners in the 3rd quarter valued at about $26,000. Bank & Trust Co purchased a new stake in Brookfield Infrastructure Partners in the second quarter valued at approximately $31,000. Clear Point Advisors Inc. purchased a new position in shares of Brookfield Infrastructure Partners during the first quarter worth $33,000. Park Place Capital Corp acquired a new stake in shares of Brookfield Infrastructure Partners in the second quarter valued at $41,000. Finally, Asset Dedication LLC purchased a new stake in shares of Brookfield Infrastructure Partners in the 2nd quarter valued at $46,000. 57.92% of the stock is currently owned by institutional investors and hedge funds.

Brookfield Infrastructure Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th will be paid a $0.405 dividend. This represents a $1.62 annualized dividend and a dividend yield of 4.66%. The ex-dividend date is Friday, November 29th. Brookfield Infrastructure Partners’s dividend payout ratio is currently -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.