Raymond James Adjusts Earnings Forecasts for Brookfield Infrastructure Partners

On January 30, 2025, analysts from Raymond James released a research note stating they have lowered their earnings per share (EPS) estimates for Brookfield Infrastructure Partners L.P. (NYSE:BIP – Free Report) (TSE:BIP.UN) for the first quarter of 2025. Analyst F. Bastien revised the EPS forecast down from $0.85 to $0.81. Despite the adjustment, Raymond James maintains a “Strong-Buy” rating for the stock and set a price target of $46.00. The consensus estimate for the company's full-year earnings currently stands at $3.45 per share. Furthermore, Raymond James provided additional quarterly EPS estimates: $0.82 for Q2 2025, $0.86 for Q3 2025, $0.91 for Q4 2025, $0.91 for Q1 2026, and $0.98 for Q4 2026.

Other analysts have also provided their insights on Brookfield Infrastructure Partners. On February 2, 2025, StockNews.com upgraded the company from a “sell” rating to a “hold” rating. TD Securities increased their price target from $50.00 to $53.00 and assigned a “buy” rating. Conversely, the Royal Bank of Canada reaffirmed an “outperform” rating with a price target of $40.00. Currently, there is a mix of ratings whereby one analyst has suggested holding the stock, four analysts have recommended a buy, and two have given a strong buy rating. According to MarketBeat, Brookfield Infrastructure Partners has an overall consensus rating of “Buy” with an average price target of $42.80.

Stock Performance

As of Monday, shares of BIP opened at $32.04, reflecting a decrease of 2.4%. Financial metrics show the company has a current ratio of 0.08, a quick ratio standing at 0.72, and a debt-to-equity ratio of 1.72. The market capitalization of Brookfield Infrastructure Partners is approximately $14.87 billion, with a price-to-earnings (P/E) ratio of 801.10, and a beta value of 1.08. Over the past year, the stock has fluctuated with a low of $24.84 and a high of $36.50.

Recent Earnings Report

Brookfield Infrastructure Partners recently reported its earnings on January 30, 2025, declaring an EPS of $0.82 for the quarter, which exceeded the consensus estimate of $0.24 by a significant margin. The company also reported a return on equity of 1.17% and a net margin of 1.64%.

Institutional Ownership Trends

In recent months, several institutional investors have adjusted their stakes in Brookfield Infrastructure Partners. For example, Compass Planning Associates Inc. acquired a new stake valued around $28,000 in the last quarter. Additionally, Summerhill Capital Management increased its holdings by 2.9%, owning 318,162 shares worth about $10.1 million after adding 8,913 shares. Cumberland Partners Ltd also purchased a new stake worth approximately $228,000. Meanwhile, Principal Financial Group has elevated its position by 12.0%, resulting in ownership of over 26.67 million shares valued at around $848 million after acquiring an additional 2.86 million shares. Overall, hedge funds and institutional investors control about 57.92% of the stock.

Dividend Announcement

In other news, Brookfield Infrastructure Partners announced an increase in its quarterly dividend, which is set to be paid on March 31, 2025. Shareholders on record as of February 28, 2025, will receive a dividend of $0.43 per share. This marks a noticeable increase from the previous dividend of $0.41, representing an annualized dividend of $1.72 and a 5.37% yield. The company’s payout ratio currently stands at a striking 4,051.01%.

Company Overview

Brookfield Infrastructure Partners L.P. specializes in managing and operating infrastructures across sectors like utilities, transport, midstream, and data services in regions including North and South America, Europe, and Asia Pacific. Their utilities segment boasts a robust network of approximately 2,900 kilometers of electricity transmission lines and 4,200 kilometers of natural gas pipelines.

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