In the last trading session, 1.27 million FTAI Infrastructure Inc (NASDAQ:FIP) shares changed hands as the company’s beta touched 1.75. With the company’s per share price at $4.80 changed hands at -$0.07 or -1.44% during last session, the market valuation stood at $546.92M. FIP’s last price was a discount, traded about -117.71% off its 52-week high of $10.45. The share price had its 52-week low at $4.78, which suggests the last value was 0.42% up since then. When we look at FTAI Infrastructure Inc’s average trading volume, we note the 10-day average is 1.48 million shares, with the 3-month average coming to 1.14 million.
Analysts gave the FTAI Infrastructure Inc (FIP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FIP as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. FTAI Infrastructure Inc’s EPS for the current quarter is expected to be -0.42.
FTAI Infrastructure Inc (NASDAQ:FIP) trade information
Instantly FIP was in red as seen at the end of in last trading. With action -4.95%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -33.88%, with the 5-day performance at -4.95% in the red. However, in the 30-day time frame, FTAI Infrastructure Inc (NASDAQ:FIP) is -28.68% down. Looking at the short shares, we see there were 12.53 million shares sold at short interest cover period of 11.42 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 60.0% from its current market value. According to analyst projections, FIP’s forecast low is 10 with 13 as the target high. To hit the forecast high, the stock’s price needs a -170.83% plunge from its current level, while the stock would need to soar -108.33% for it to hit the projected low.
FTAI Infrastructure Inc (FIP) estimates and forecasts
Year-over-year growth is forecast to reach 70.39% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 101.86M. 2 analysts are of the opinion that FTAI Infrastructure Inc’s revenue for the current quarter will be 140.65M. The company’s revenue for the corresponding quarters a year ago was 82.53M and 84.89M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 23.42%. The estimates for the next quarter sales put growth at 65.69%.
The 2025 estimates are for FTAI Infrastructure Inc earnings to increase by 60.00%.
FIP Dividends
FTAI Infrastructure Inc is expected to release its next quarterly earnings report on 2025-Feb-26. The 3.12% annual yield figure for the share gives it an annual dividend of 0.15. It is important to note, however, that the 3.12% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
FTAI Infrastructure Inc (NASDAQ:FIP)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.98% of FTAI Infrastructure Inc shares while 91.02% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 91.92%. There are 91.02% institutions holding the FTAI Infrastructure Inc stock share, with WASHINGTON STATE INVESTMENT BOARD the top institutional holder. As of 2024-06-30, the company held 11.2203% of the shares, roughly 11.79 million FIP shares worth $101.71 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.6814% or 8.0 million shares worth $69.07 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Smallcap World Fund and Roxbury/Hood River Small Cap Growth Fund . With 5.35 shares estimated at $25.66 million under it, the former controlled 4.70% of total outstanding shares. On the other hand, Roxbury/Hood River Small Cap Growth Fund held about 3.41% of the shares, roughly 3.88 shares worth around $18.63 million.
