FTAI Infrastructure (NASDAQ:FIP) Shares Gap Down on Disappointing Earnings

FTAI Infrastructure Inc. (NASDAQ:FIP)’s stock price gapped down prior to trading on Friday following a dissappointing earnings announcement. The stock had previously closed at $6.44, but opened at $6.01. FTAI Infrastructure shares last traded at $6.0720, with a volume of 928,354 shares trading hands.

The company reported ($1.08) earnings per share for the quarter, missing the consensus estimate of ($0.43) by ($0.65). The company had revenue of $143.52 million for the quarter, compared to the consensus estimate of $169.16 million. FTAI Infrastructure had a negative return on equity of 82.60% and a negative net margin of 31.93%.

FTAI Infrastructure Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be paid a dividend of $0.03 per share. The ex-dividend date is Friday, March 13th. This represents a $0.12 annualized dividend and a dividend yield of 2.1%. FTAI Infrastructure’s dividend payout ratio is -4.88%.

FTAI Infrastructure News Roundup

Here are the key news stories impacting FTAI Infrastructure this week:

• Positive Sentiment: BTIG Research reaffirmed a “buy” rating and set a $10.00 price target (large upside from current levels), which could attract buyers looking for upside. BTIG Buy Rating (Benzinga)
• Positive Sentiment: The board declared a quarterly cash dividend of $0.03/share (annualized yield ~2.0%; ex-dividend March 13), a modest income signal that may support investor interest. Dividend Announcement (Business Insider / GlobeNewswire)
• Neutral Sentiment: Earnings call presentation and slides were posted for investors to review full commentary and segment detail—useful for digging into drivers of the miss and management outlook. Earnings Call Presentation (Seeking Alpha)
• Neutral Sentiment: Company press release and slide deck are available for full financials and management commentary (no guidance change published in headlines). Press Release / Slide Deck (MarketBeat / Quartr)
• Negative Sentiment: Material earnings miss: EPS of ($1.08) missed consensus by $0.65; this large shortfall raises near-term profitability concerns. Earnings Miss Details (MarketBeat)
• Negative Sentiment: Revenue missed estimates ($143.52M vs. $169.16M est.), reinforcing the view that top-line weakness is driving the quarter’s poor results. Revenue Miss (Yahoo Finance)

Wall Street Analyst Weigh In

FIP has been the subject of several research analyst reports. BTIG Research reissued a “buy” rating and set a $10.00 price objective on shares of FTAI Infrastructure in a research report on Friday. Wall Street Zen raised shares of FTAI Infrastructure from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of FTAI Infrastructure in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $11.00.

Institutional Trading of FTAI Infrastructure

A number of large investors have recently bought and sold shares of the business. Larson Financial Group LLC lifted its holdings in shares of FTAI Infrastructure by 6,941.7% in the fourth quarter. Larson Financial Group LLC now owns 8,098 shares of the company’s stock valued at $37,000 after purchasing an additional 7,983 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in FTAI Infrastructure by 12,129.3% during the third quarter. Russell Investments Group Ltd. now owns 9,172 shares of the company’s stock worth $40,000 after purchasing an additional 9,097 shares during the period. Optas LLC acquired a new position in shares of FTAI Infrastructure during the 3rd quarter worth approximately $44,000. GSA Capital Partners LLP acquired a new stake in FTAI Infrastructure during the third quarter worth approximately $46,000. Finally, Xponance LLC bought a new stake in FTAI Infrastructure in the 4th quarter valued at $47,000. 87.43% of the stock is owned by institutional investors.

FTAI Infrastructure Price Performance

The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 110.28. The company’s 50 day moving average is $5.60 and its 200 day moving average is $5.09. The firm has a market capitalization of $674.48 million, a price-to-earnings ratio of -2.52 and a beta of 1.86.

About FTAI Infrastructure

FTAI Infrastructure Ltd (NASDAQ: FIP) is a closed-end investment company that acquires and manages infrastructure assets offering stable, long-term cash flows. The company targets core and core-plus infrastructure sectors with contracted or regulated revenue streams, aiming to deliver attractive risk-adjusted returns for its shareholders. FTAI Infrastructure’s portfolio is diversified across multiple sub-sectors, geographies and counterparties to manage risk and capture growth opportunities in global infrastructure markets.

The company focuses on three primary investment categories: communications infrastructure, transport and logistics infrastructure, and utility infrastructure.