Core Viewpoint - Brookfield Infrastructure Partners (BIP) shows potential for significant upside, with a mean price target of $39.89 indicating a 27.9% increase from the current price of $31.20 [1] Price Target Analysis - The average price target consists of nine estimates ranging from $34 to $50, with a standard deviation of $4.78, suggesting a consensus among analysts [2] - The lowest estimate indicates a 9% increase, while the highest suggests a 60.3% upside, highlighting the variability in analyst predictions [2][7] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement direction [7] Earnings Estimates and Analyst Sentiment - Analysts have shown increasing optimism about BIP's earnings prospects, with a positive trend in earnings estimate revisions [9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 2%, indicating a positive outlook [10] - BIP holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] Caution on Price Targets - While price targets are a common tool for investors, they can often mislead, and reliance solely on them may not yield favorable returns [5][8] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [6]

Core Viewpoint - Foundry JV Holdco LLC is initiating a consent solicitation to amend the terms of its outstanding Senior Secured Notes to improve rating agency assessments and address specific financial definitions and conditions [1][2]. Group 1: Consent Solicitation Details - The consent solicitation is aimed at adopting proposed amendments to the indentures governing various series of Senior Secured Notes, including those due in 2030, 2032, 2034, 2035, and 2038 [1][2]. - The proposed amendments include changes to the definition of Total Net Debt, allowing suspended distributions to be included for determinations after January 25, 2038, following an Intel Call Notice [2]. - The amendments also seek to modify the Events of Default related to Intel Member, linking it to Intel Corporation's performance under Material Project Documents [2]. Group 2: Financial Considerations - The consent solicitation will expire at 5:00 p.m. New York City time on January 17, 2025, with a consent fee of $1.00 per $1,000 in principal amount of Notes for consenting holders [3][5]. - Payment of the consent fee is contingent upon receiving consents from holders of more than 50% of the aggregate principal amount of each series of Notes [4][5]. Group 3: Company Background - Foundry JV Holdco LLC is indirectly owned by Brookfield Infrastructure Partners L.P. and was formed to invest in Intel's manufacturing expansion at its Ocotillo campus in Chandler, Arizona [8]. - The project involves two semiconductor wafer fabrication buildings, Fab 52 and Fab 62, along with related structures and equipment [8].

Core Viewpoint - Brookfield Infrastructure Partners (BIP) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based on changes in earnings estimates, which are tracked through the Zacks Consensus Estimate, reflecting EPS estimates from sell-side analysts for the current and following years [2]. - The Zacks rating upgrade for Brookfield Infrastructure signifies an improved earnings outlook, likely leading to a favorable impact on its stock price [4][6]. Impact of Earnings Estimates on Stock Prices - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [5]. - For Brookfield Infrastructure, the rise in earnings estimates and the rating upgrade suggest an enhancement in the company's underlying business, which should drive the stock price higher [6]. Importance of Tracking Earnings Revisions - Empirical research supports the strong correlation between earnings estimate revisions and stock movements, making it beneficial for investors to track these revisions for investment decisions [7]. - The Zacks Rank stock-rating system effectively utilizes earnings estimate revisions to classify stocks into five groups, with a proven track record of performance [8]. Specific Earnings Estimates for Brookfield Infrastructure - For the fiscal year ending December 2024, Brookfield Infrastructure is expected to earn $3.07 per share, reflecting a 4.1% increase from the previous year, with a 0.2% rise in the Zacks Consensus Estimate over the past three months [9]. Zacks Rating System Overview - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings across its universe of over 4000 stocks, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [10][11].

I love to see dividend income flow into my brokerage account. It gives me more cash to invest until I retire and can live off my passive income.I typically buy shares of many dividend stocks each year, focusing on high-yielding dividend stocks because they generate more income for every dollar I invest. However, if I could only buy shares of one dividend-paying company this year, it would be Brookfield Infrastructure (BIPC -1.11%) (BIP 0.31%). Here's why it's my top choice for generating dividend income in ...

BROOKFIELD, NEWS, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its fourth quarter 2024 conference call and webcast on Thursday, January 30, 2025 at 9:00 a.m. (ET). Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com. Participants can join by conference call or webcast. Conference Call Please pre-register at: BIP2024Q4ConferenceCallUpon registering, you will be emailed a dial-in number and unique PIN. ...

Stocks nosedived this week after the Federal Reserve reset its interest rate expectations for 2025. The Federal Reserve is now forecasting only two quarter-point rate reductions next year, a more modest pace than the market had hoped. That put downward pressure on more rate-sensitive stocks, like real estate investment trusts (REITs) and others that pay a higher-yielding dividend.The rate-cut decision is bad news for anyone seeking to buy a home or having a high mortgage rate they want to refinance. However ...

BROOKFIELD, News, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and Brookfield Infrastructure Corporation (“BIPC”) (TSX, NYSE: BIPC) today announced that they have now received all required shareholder, court and regulatory approvals for the previously-announced proposed reorganization of BIPC (the “Arrangement”). Accordingly, the Arrangement will become effective prior to markets open on December 24, 2024. As a result of the Arrangement, in excha ...

Brookfield Infrastructure (BIPC -6.83%) (BIP -6.37%) offers investors the best of both worlds. The global infrastructure operator pays a very attractive dividend (more than 4% yield). On top of that, it's growing briskly (more than 10% annually). Those dual catalysts should enable the infrastructure stock to continue producing strong total returns in 2025 and beyond. That makes it a top buy for income and upside as we head into the new year.A rock-solid income streamBrookfield Infrastructure has been an exc ...

BROOKFIELD, NEWS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- BIP Investment Corporation (“BIPIC”) (TSX: BIK.PR.A), an indirect subsidiary of Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN), today announced the voting results from the special meeting of holders of its senior preferred shares, series 1 (the “Preferred Shares”) held today in a virtual meeting format (the “Meeting”). BIPIC also announced that it intends to redeem all of the outstanding Preferred Shares for ...

I own many high-yielding dividend stocks, and I believe all of them can generate attractive total returns in the future as they grow their dividends. While some will likely underperform my expectations, others should exceed them. Of all my high-yield dividend stock investments, I have the highest conviction in Brookfield Infrastructure (BIPC 0.84%) (BIP 0.07%). I firmly believe the company can deliver superior total returns in the coming years. Here's why I think it's a great dividend stock to buy for the l ...