FTAI Infrastructure (FIP) Set to Announce Quarterly Earnings on Tuesday

FTAI Infrastructure (NASDAQ:FIP) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 7th. Persons that wish to register for the company’s earnings conference call can do so using this link.

FTAI Infrastructure (NASDAQ:FIP) last issued its earnings results on Thursday, February 29th. The company reported ($0.47) earnings per share (EPS) for the quarter. FTAI Infrastructure had a negative return on equity of 32.27% and a negative net margin of 48.71%. The company had revenue of $81.44 million during the quarter.

FTAI Infrastructure Stock Down 0.9 %

Shares of FIP opened at $7.30 on Monday. FTAI Infrastructure has a 52-week low of $2.84 and a 52-week high of $7.80. The company has a market capitalization of $742.34 million, a PE ratio of -4.06 and a beta of 1.29. The stock has a fifty day simple moving average of $6.19 and a two-hundred day simple moving average of $4.66. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 3.25.

FTAI Infrastructure Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Wednesday, March 27th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date was Tuesday, March 26th. FTAI Infrastructure’s dividend payout ratio is presently -6.67%.

Analysts Set New Price Targets

Separately, BTIG Research started coverage on FTAI Infrastructure in a research note on Thursday, April 18th. They issued a “buy” rating and a $10.00 price objective for the company.

FTAI Infrastructure Company Profile

FTAI Infrastructure Inc focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation, energy, and industrial products industries in North America. The company operates through five segments: Railroad, Jefferson Terminal, Repauno, Power and Gas, and Sustainability and Energy Transition.