NYSE:CORR - Corenergy Infrastructure Trust Stock Price, News, & Analysis

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$39.53 +0.14 (+0.36 %)
(As of 05/26/2019 04:00 PM ET)
Previous Close$39.53
Today's Range$39.39 - $39.78
52-Week Range$32.52 - $40.96
Volume46,743 shs
Average Volume69,504 shs
Market Capitalization$506.30 million
P/E Ratio10.68
Dividend Yield7.51%
Beta1.61
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from operators of our assets, primarily under triple-net participating leases.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone816-875-3705

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$89.23 million
Cash Flow$5.7624 per share
Book Value$27.38 per share

Profitability

Net Income$43.71 million

Miscellaneous

Employees20
Market Cap$506.30 million
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

Corenergy Infrastructure Trust (NYSE:CORR) Frequently Asked Questions

What is Corenergy Infrastructure Trust's stock symbol?

Corenergy Infrastructure Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CORR."

How often does Corenergy Infrastructure Trust pay dividends? What is the dividend yield for Corenergy Infrastructure Trust?

Corenergy Infrastructure Trust announced a quarterly dividend on Thursday, April 25th. Investors of record on Friday, May 17th will be given a dividend of $0.75 per share on Friday, May 31st. This represents a $3.00 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date is Thursday, May 16th. View Corenergy Infrastructure Trust's Dividend History.

How were Corenergy Infrastructure Trust's earnings last quarter?

Corenergy Infrastructure Trust Inc (NYSE:CORR) released its earnings results on Wednesday, May, 1st. The asset manager reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by $0.80. The asset manager earned $21.62 million during the quarter, compared to analysts' expectations of $20.89 million. Corenergy Infrastructure Trust had a net margin of 44.64% and a return on equity of 12.06%. View Corenergy Infrastructure Trust's Earnings History.

When is Corenergy Infrastructure Trust's next earnings date?

Corenergy Infrastructure Trust is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Corenergy Infrastructure Trust.

What price target have analysts set for CORR?

1 brokers have issued 1-year price targets for Corenergy Infrastructure Trust's stock. Their forecasts range from $3.71 to $3.71. On average, they anticipate Corenergy Infrastructure Trust's share price to reach $3.71 in the next twelve months. This suggests that the stock has a possible downside of 90.6%. View Analyst Price Targets for Corenergy Infrastructure Trust.

What is the consensus analysts' recommendation for Corenergy Infrastructure Trust?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corenergy Infrastructure Trust in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Corenergy Infrastructure Trust.

Has Corenergy Infrastructure Trust been receiving favorable news coverage?

Media stories about CORR stock have been trending somewhat negative this week, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Corenergy Infrastructure Trust earned a news impact score of -1.8 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Corenergy Infrastructure Trust's key competitors?

What other stocks do shareholders of Corenergy Infrastructure Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Corenergy Infrastructure Trust investors own include Ladder Capital (LADR), Blackstone Group (BX), Omega Healthcare Investors (OHI), Ares Capital (ARCC), Celgene (CELG), New Residential Investment (NRZ), Realty Income (O), Stag Industrial (STAG), Uniti Group (UNIT) and Alibaba Group (BABA).

Who are Corenergy Infrastructure Trust's key executives?

Corenergy Infrastructure Trust's management team includes the folowing people:
  • Mr. David John Schulte CFA, J.D., CEO, Pres & Chairman (Age 58)
  • Mr. Jeffrey L. Teeven, VP of Fin. (Age 48)
  • Ms. Rebecca M. Sandring, Exec. VP, Treasurer, Sec. & Chief Accounting Officer (Age 59)
  • Ms. Lesley Robertshaw Schorgl, Mang. of Investor Relations
  • Mr. Jeffrey Everett Fulmer, Exec. VP, Bus. Devel. (Age 58)

Who are Corenergy Infrastructure Trust's major shareholders?

Corenergy Infrastructure Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (7.07%), BlackRock Inc. (6.69%), LSV Asset Management (5.20%), Geode Capital Management LLC (1.10%), Connor Clark & Lunn Investment Management Ltd. (0.48%) and Parametric Portfolio Associates LLC (0.45%). Company insiders that own Corenergy Infrastructure Trust stock include David J Schulte, Jeffrey E Fulmer, Nate Poundstone and Rebecca M Sandring. View Institutional Ownership Trends for Corenergy Infrastructure Trust.

Which institutional investors are selling Corenergy Infrastructure Trust stock?

CORR stock was sold by a variety of institutional investors in the last quarter, including Opus Capital Group LLC, BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., LSV Asset Management, Teachers Insurance & Annuity Association of America, Renaissance Technologies LLC, Man Group plc and California State Teachers Retirement System. View Insider Buying and Selling for Corenergy Infrastructure Trust.

Which institutional investors are buying Corenergy Infrastructure Trust stock?

CORR stock was purchased by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Parametric Portfolio Associates LLC, Marshall Wace LLP, Stevens Capital Management LP, Geode Capital Management LLC, RDA Financial Network, Ladenburg Thalmann Financial Services Inc. and Marshall Wace North America L.P.. Company insiders that have bought Corenergy Infrastructure Trust stock in the last two years include David J Schulte, Jeffrey E Fulmer, Nate Poundstone and Rebecca M Sandring. View Insider Buying and Selling for Corenergy Infrastructure Trust.

How do I buy shares of Corenergy Infrastructure Trust?

Shares of CORR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Corenergy Infrastructure Trust's stock price today?

One share of CORR stock can currently be purchased for approximately $39.53.

How big of a company is Corenergy Infrastructure Trust?

Corenergy Infrastructure Trust has a market capitalization of $506.30 million and generates $89.23 million in revenue each year. The asset manager earns $43.71 million in net income (profit) each year or $3.70 on an earnings per share basis. Corenergy Infrastructure Trust employs 20 workers across the globe.

What is Corenergy Infrastructure Trust's official website?

The official website for Corenergy Infrastructure Trust is http://corenergy.reit/.

How can I contact Corenergy Infrastructure Trust?

Corenergy Infrastructure Trust's mailing address is 1100 WALNUT SUITE 3350, KANSAS CITY MO, 64106. The asset manager can be reached via phone at 816-875-3705 or via email at [email protected]


MarketBeat Community Rating for Corenergy Infrastructure Trust (NYSE CORR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  505
MarketBeat's community ratings are surveys of what our community members think about Corenergy Infrastructure Trust and other stocks. Vote "Outperform" if you believe CORR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CORR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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