BTIG Research reiterated their buy rating on shares of FTAI Infrastructure (NASDAQ:FIP – Free Report) in a report issued on Friday morning,Benzinga reports. The brokerage currently has a $10.00 target price on the stock.
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of FTAI Infrastructure in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.00.
FTAI Infrastructure Trading Down 9.9%
FTAI Infrastructure (NASDAQ:FIP – Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported ($1.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.65). The business 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 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.12 annualized dividend and a dividend yield of 2.1%. FTAI Infrastructure’s payout ratio is presently -5.22%.
Institutional Investors Weigh In On FTAI Infrastructure
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC lifted its position in FTAI Infrastructure by 6,941.7% during 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 during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of FTAI Infrastructure during the 2nd quarter valued at $55,000. Russell Investments Group Ltd. lifted its holdings in shares of FTAI Infrastructure by 12,129.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 9,172 shares of the company’s stock worth $40,000 after acquiring an additional 9,097 shares during the last quarter. Optas LLC purchased a new position in FTAI Infrastructure in the third quarter worth $44,000. Finally, Bessemer Group Inc. grew its position in FTAI Infrastructure by 14,492.8% in the second quarter. Bessemer Group Inc. now owns 10,069 shares of the company’s stock worth $62,000 after acquiring an additional 10,000 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.
Key FTAI Infrastructure News
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)
FTAI Infrastructure Company Profile
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.
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