InfraREIT (HIFR) Earning Somewhat Favorable News Coverage, Accern Reports

Headlines about InfraREIT (NYSE:HIFR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. InfraREIT earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.2149171762076 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of InfraREIT (NYSE:HIFR) opened at $17.85 on Friday. The stock has a market cap of $1,080.00 and a price-to-earnings ratio of 15.39. InfraREIT has a twelve month low of $16.00 and a twelve month high of $23.22. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.25 and a quick ratio of 0.25.

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 18th. Shareholders of record on Friday, December 29th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 5.60%. The ex-dividend date of this dividend is Thursday, December 28th. InfraREIT’s dividend payout ratio (DPR) is presently 86.21%.

HIFR has been the topic of a number of analyst reports. Wolfe Research cut shares of InfraREIT from an “outperform” rating to a “market perform” rating in a research report on Monday, December 18th. Zacks Investment Research lowered shares of InfraREIT from a “hold” rating to a “strong sell” rating in a report on Monday, November 13th. BidaskClub lowered shares of InfraREIT from a “sell” rating to a “strong sell” rating in a report on Saturday, November 11th. Royal Bank of Canada reissued a “hold” rating and issued a $18.00 price target on shares of InfraREIT in a report on Thursday. Finally, Evercore ISI reissued an “outperform” rating and issued a $24.00 price target on shares of InfraREIT in a report on Saturday, September 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $22.33.

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About InfraREIT

InfraREIT, Inc is a real estate investment trust. The Company is engaged in owning and leasing rate-regulated transmission and distribution (T&D) assets in Texas. It leases its T&D assets to Sharyland Utilities, L.P. Its assets are located in the Texas Panhandle near Amarillo, the Permian Basin in and around Stanton, Central Texas around Brady, Northeast Texas in and around Celeste and South Texas near McAllen.

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