National Bank Financial Raises EPS Forecast for Brookfield Infrastructure Partners in FY2025

Brookfield Infrastructure Partners L.P. (NYSE:BIP - Free Report) (TSE:BIP.UN) has received an upgraded earnings per share (EPS) forecast for FY2025 from analysts at National Bank Financial. On January 6th, a research note from National Bank Financial revealed that analyst P. Kenny now expects Brookfield to achieve an EPS of $3.45, up from the previous estimate of $3.25.

The adjusted forecast signals positive growth for the company, especially when compared to the current consensus estimate of $3.07 per share for the ongoing fiscal year. Moreover, the analysts have also projected that Brookfield Infrastructure Partners could reach an EPS of $3.95 by FY2028.

Recent Analyst Ratings

In addition to National Bank Financial's reassessment, other equity research firms have begun to weigh in on Brookfield Infrastructure Partners’ stock. StockNews.com upgraded the stock from a "sell" rating to a "hold" rating as of November 16th. Furthermore, TD Securities raised its price target from $49.00 to $50.00, maintaining a "buy" rating as of November 7th.

Jefferies Financial Group also made a significant adjustment, lifting its target price from $35.00 to $39.00 for Brookfield Infrastructure Partners and providing a "buy" recommendation on September 30th. Overall, among the analysts covering the stock, three have offered a "hold" rating, three have given it a "buy" rating, and two have assigned a "strong buy" label.

Current Stock Performance

As of Wednesday, Brookfield Infrastructure Partners' stock was trading modestly higher at $32.69. The stock has shown a one-year performance range, with a low of $24.84 and a high of $36.50. The company's market capitalization stands at approximately $15.09 billion, with a PE (price-to-earnings) ratio of -86.03.

Institutional Investment Trends

Recently, several institutional investors and hedge funds have made adjustments to their stakes in Brookfield Infrastructure Partners. Cedar Mountain Advisors LLC, for example, established a new position worth $26,000 in the third quarter, while Dunhill Financial LLC invested around $30,000 in the same period. Other institutions, such as Truvestments Capital LLC and Wilmington Savings Fund Society FSB, made similar moves to increase their positions.

Collectively, institutional investors own approximately 57.92% of Brookfield’s stock, indicating a strong interest in the company among large financial entities.

Dividend Distribution

Additionally, the firm has announced a quarterly dividend, which shareholders received on December 31st. Those on record as of November 29th were paid $0.405 per share. This results in an annual dividend yield of approximately 4.96%, although the company’s current dividend payout ratio stands at a notable -426.32%.

Overview of Brookfield Infrastructure Partners

Brookfield Infrastructure Partners L.P. operates various utilities, transportation, midstream, and data businesses across North and South America, as well as Europe and the Asia Pacific. The firm’s utilities segment manages a significant infrastructure footprint, including roughly 2,900 kilometers of electricity transmission lines and 4,200 kilometers of natural gas pipelines.

Brookfield, Infrastructure, Earnings