FTAI Infrastructure Stock (NASDAQ:FIP)
Previous Close
$4.28
52W Range
$3.90 - $7.93
50D Avg
$5.03
200D Avg
$5.11
Market Cap
$564.82M
Avg Vol (3M)
$1.00M
Beta
1.90
Div Yield
$0.12 (2.51%)
FIP Company Profile
FTAI Infrastructure Inc. specializes in acquiring, developing, and managing essential infrastructure assets and businesses that serve clients in the transportation and energy industries. Its operational portfolio includes a multi-modal terminal designed for crude oil and refined petroleum products, along with various associated facilities. A significant deep-water port spanning 1,630 acres on the Delaware River is also a key asset, featuring an underground storage cavern, a versatile multi-purpose dock, a rail-to-ship transloading system, and abundant opportunities for industrial expansion. Additionally, the company oversees a 1,660-acre multi-modal port situated on the Ohio River, equipped with extensive rail and dock infrastructure, and presenting numerous industrial development prospects, notably a power generation facility currently under construction. Furthermore, FTAI Infrastructure Inc. manages a network of five freight railroads and a dedicated switching facility. Established in 2021, FTAI Infrastructure Inc. is headquartered in New York, New York. The company, trading on NasdaqGS under the symbol FIP, has functioned as an independent entity separate from Fortress Transportation and Infrastructure Investors LLC since August 1, 2022.