FTAI Infrastructure Inc. (FIP)

NASDAQ: FIP · IEX Real-Time Price · USD
7.89
-0.15 (-1.87%)
At close: Jun 14, 2024, 4:00 PM
8.27
+0.38 (4.82%)
After-hours: Jun 14, 2024, 6:37 PM EDT
-1.87%
Market Cap 802.36M
Revenue (ttm) 326.51M
Net Income (ttm) -199.73M
Shares Out 101.69M
EPS (ttm) -1.94
PE Ratio n/a
Forward PE 78.74
Dividend $0.12 (1.52%)
Ex-Dividend Date May 16, 2024
Volume 746,745
Open 8.00
Previous Close 8.04
Day's Range 7.74 - 8.04
52-Week Range 2.84 - 9.25
Beta n/a
Analysts Strong Buy
Price Target 11.00 (+39.42%)
Earnings Date Jul 23, 2024

About FIP

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. It operates a multi-modal crude oil and refined products terminal, and other related assets. The company also has a 1,630-acre deep-water port located along the Delaware River with an und... [Read more]

Industry Conglomerates
Sector Industrials
CEO Kenneth J. Nicholson
Employees 700
Stock Exchange NASDAQ
Ticker Symbol FIP
Full Company Profile

Financial Performance

In 2023, FIP's revenue was $320.47 million, an increase of 22.33% compared to the previous year's $261.97 million. Losses were -$183.74 million, 3.66% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for FIP stock is "Strong Buy" and the 12-month stock price forecast is $11.0.

Price Target
$11.0
(39.42% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Jefferson Energy, Aramco Trading Americas Execute Agreement for Bi-Directional Flow on Jefferson Southern Star Pipeline; Will Provide Access from Marketlink Pipeline to Jefferson Energy's Beaumont Terminal

Jefferson Energy, Aramco Trading Americas Execute Agreement for Bi-Directional Flow on Jefferson Southern Star Pipeline; Will Provide Access from Marketlin

1 day ago - GlobeNewsWire

FTAI Infrastructure Inc. Reports First Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the first quarter 2024. The Company's con...

5 weeks ago - GlobeNewsWire

FTAI Infrastructure Inc. Announces Timing of First Quarter 2024 Earnings and Conference Call

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the first quarter 2024 after the ...

2 months ago - GlobeNewsWire

FTAI Infrastructure Inc. Reports Fourth Quarter and Full Year 2023 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the fourth quarter and full year 2023. T...

3 months ago - GlobeNewsWire

FTAI Infrastructure Inc. Announces Timing of Fourth Quarter and Full Year 2023 Earnings and Conference Call

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the fourth quarter and full year 2...

4 months ago - GlobeNewsWire

FTAI Infrastructure Inc. Reports Third Quarter 2023 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the third quarter 2023. The Company's co...

8 months ago - GlobeNewsWire

FTAI Infrastructure Inc. Announces Timing of Third Quarter Earnings and Conference Call

NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the third quarter 2023 after the c...

9 months ago - GlobeNewsWire

FTAI Infrastructure Inc. Reports Second Quarter 2023 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the second quarter 2023. The Company's c...

11 months ago - GlobeNewsWire

FTAI Infrastructure Inc. Announces Timing of Second Quarter Earnings and Conference Call

NEW YORK, July 06, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the second quarter 2023 after the ...

1 year ago - GlobeNewsWire

FTAI Infrastructure Inc. Reports First Quarter 2023 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the first quarter 2023. The Company's con...

1 year ago - GlobeNewsWire

FTAI Infrastructure Inc. Announces Timing of First Quarter Earnings and Conference Call

NEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the first quarter 2023 after the ...

1 year ago - GlobeNewsWire

FTAI Infrastructure Inc. Reports Fourth Quarter 2022 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the fourth quarter and full year 2022. ...

1 year ago - GlobeNewsWire

FTAI Infrastructure Inc. Announces Timing of Fourth Quarter and Full Year 2022 Earnings and Conference Call

NEW YORK, Feb. 07, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the fourth quarter and full year 2...

1 year ago - GlobeNewsWire

FTAI Infrastructure Inc. Provides Update on Long Ridge Energy Terminal – Extended Maintenance Outage in Q4 2022; Returned to Fully Operational Status

NEW YORK, Jan. 24, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) reported its 50.1%-owned Long Ridge Energy Terminal and power plant (“Long Ri...

1 year ago - GlobeNewsWire

FTAI Infrastructure Inc. Reports Third Quarter 2022 Results, Declares Dividend of $0.03 per Common Share

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the third quarter 2022. The Company's co...

1 year ago - GlobeNewsWire

FTAI Infrastructure Announces Completion of Spin-Off From Fortress Transportation and Infrastructure Investors LLC

NEW YORK, Aug. 01, 2022 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ: FIP) (“FTAI Infrastructure”) announced today that it has successfully completed its spin-off from Fortress Transportation ...

Other symbols: FTAI
2 years ago - GlobeNewsWire