CorEnergy Infrastructure Trust, Inc. (CorEnergy) is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets. The Company owns assets, such as pipelines, storage terminals, and transmission and distribution assets. It assets include Grand Isle Gathering System, Pinedale Liquids Gathering System (Pinedale LGS), Portland Terminal Facility, MoGas Pipeline System and Omega Pipeline.
Industry, Sector and Symbol:
- Market Cap: $432.94 million
- Outstanding Shares: 11,894,000
- 50 Day Moving Avg: $35.47
- 200 Day Moving Avg: $34.40
- 52 Week Range: $22.22 - $37.25
Sales & Book Value:
- Trailing P/E Ratio: 14.55
- Foreward P/E Ratio: 11.70
- P/E Growth: 7.42
- Annual Revenue: $89.07 million
- Price / Sales: 4.86
- Book Value: $29.28 per share
- Price / Book: 1.24
- Annual Dividend: $3.00
- Dividend Yield: 8.3%
- EBIDTA: $70.47 million
- Net Margins: 28.34%
- Return on Equity: 6.60%
- Return on Assets: 3.78%
- Debt-to-Equity Ratio: 0.54%
- Current Ratio: 6.24%
- Quick Ratio: 6.24%
- Average Volume: 117,685 shs.
- Beta: 1.61
- Short Ratio: 7.96
Frequently Asked Questions for Corenergy Infrastructure Trust (NYSE:CORR)
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 declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Tuesday, May 16th will be paid a dividend of $0.75 per share on Wednesday, May 31st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 8.24%. The ex-dividend date of this dividend is Friday, May 12th. 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 Monday, August, 10th. The company reported $0.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.06. The company earned $12.68 million during the quarter, compared to the consensus estimate of $13.19 million. Corenergy Infrastructure Trust had a net margin of 28.34% and a return on equity of 6.60%. View Corenergy Infrastructure Trust's Earnings History.
Where is Corenergy Infrastructure Trust's stock going? Where will Corenergy Infrastructure Trust's stock price be in 2017?
3 analysts have issued 1 year price objectives for Corenergy Infrastructure Trust's stock. Their forecasts range from $34.00 to $37.00. On average, they anticipate Corenergy Infrastructure Trust's share price to reach $35.67 in the next twelve months. View Analyst Ratings for Corenergy Infrastructure Trust.
Who are some of Corenergy Infrastructure Trust's key competitors?
Some companies that are related to Corenergy Infrastructure Trust include Gamco Investors (GBL), Virtus Investment Partners (VRTS), Och-Ziff Capital Management Group LLC (OZM), Safeguard Scientifics (SFE), Pzena Investment Management (PZN), Silvercrest Asset Management Group (SAMG), Manning and Napier (MN), Fifth Street Asset Management (FSAM), Medley Management (MDLY), Alcentra Capital Corp (ABDC), American Capital (ACAS), American Capital Senior Floating Ltd (ACSF), Apollo Investment Corp. (AINV), Blackrock Capital Investment Corp (BKCC), Calamos Asset Management (CLMS), CM Finance (CMFN), Fidus Investment Corp (FDUS) and Fifth Street Senior Floating Rate Corp (FSFR).
Who owns Corenergy Infrastructure Trust stock?
Corenergy Infrastructure Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (5.10%), Vanguard Group Inc. (4.72%), LSV Asset Management (4.55%), Morgan Stanley (3.69%), Renaissance Technologies LLC (2.87%) and Opus Capital Group LLC (1.94%). Company insiders that own Corenergy Infrastructure Trust stock include Conrad S Ciccotello, David J Schulte, Nate Poundstone, Rebecca M Sandring and Richard C Green. View Institutional Ownership Trends for Corenergy Infrastructure Trust.
Who sold Corenergy Infrastructure Trust stock? Who is selling Corenergy Infrastructure Trust stock?
Corenergy Infrastructure Trust's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Punch & Associates Investment Management Inc., Morgan Stanley, Stifel Financial Corp, Alliancebernstein L.P., Opus Capital Group LLC, Cornerstone Capital Management Holdings LLC. and Advisors Asset Management Inc.. View Insider Buying and Selling for Corenergy Infrastructure Trust.
Who bought Corenergy Infrastructure Trust stock? Who is buying Corenergy Infrastructure Trust stock?
Corenergy Infrastructure Trust's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Renaissance Technologies LLC, PNC Financial Services Group Inc., LSV Asset Management, Martingale Asset Management L P, Ameriprise Financial Inc., Goldman Sachs Group Inc. and Prudential Financial Inc.. Company insiders that have bought Corenergy Infrastructure Trust stock in the last two years include Conrad S Ciccotello, David J Schulte, Nate Poundstone, Rebecca M Sandring and Richard C Green. View Insider Buying and Selling for Corenergy Infrastructure Trust.
How do I buy Corenergy Infrastructure Trust stock?
Shares of Corenergy Infrastructure Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Corenergy Infrastructure Trust stock cost?
One share of Corenergy Infrastructure Trust stock can currently be purchased for approximately $36.40.
Earnings History for Corenergy Infrastructure Trust (NYSE:CORR)Earnings History by Quarter for Corenergy Infrastructure Trust (NYSE:CORR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/10/2015||Q215||$0.06||$0.12||$13.19 million||$12.68 million||View||Listen|
|8/11/2014||Q2||$0.14||$0.15||$8.42 million||$9.02 million||View||N/A|
|11/12/2013||Q3||$0.05||$0.14||$7.18 million||$7.60 million||View||Listen|
Earnings Estimates for Corenergy Infrastructure Trust (NYSE:CORR)
Current Year EPS Consensus Estimate: $2.43 EPS
Next Year EPS Consensus Estimate: $3.11 EPS
Current Dividend Information for Corenergy Infrastructure Trust (NYSE:CORR)
|Dividend Growth:||17.00% (3 Year Average)|
|Payout Ratio:||170.45% (Trailing 12 Months of Earnings) |
123.46% (Based on This Year's Estimates)
96.46% (Based on Next Year's Estimates)
Dividend History by Quarter for Corenergy Infrastructure Trust (NYSE:CORR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Corenergy Infrastructure Trust (NYSE:CORR)
Insider Ownership Percentage: 0.97%Insider Trades by Quarter for Corenergy Infrastructure Trust (NYSE:CORR)
Institutional Ownership Percentage: 60.93%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/12/2017||David J. Schulte||CEO||Buy||2,236||$33.92||$75,845.12|| |
|3/10/2017||Nate Poundstone||Insider||Buy||100||$33.17||$3,317.00|| |
|3/9/2017||David J Schulte||CEO||Buy||500||$32.34||$16,170.00|| |
|6/14/2016||Rebecca M Sandring||CAO||Buy||240||$26.06||$6,254.40|| |
|5/26/2016||David J Schulte||CEO||Buy||350||$22.80||$7,980.00|| |
|1/7/2016||Rebecca M Sandring||CAO||Buy||1,400||$16.42||$22,988.00|| |
|12/7/2015||David J Schulte||CEO||Buy||1,000||$17.55||$17,550.00|| |
|8/24/2015||Conrad S. Ciccotello||Director||Buy||1,000||$4.94||$4,940.00|| |
|8/24/2015||David J Schulte||CEO||Buy||5,000||$4.95||$24,750.00|| |
|6/29/2015||Richard C Green||Chairman||Buy||20,000||$6.00||$120,000.00|| |
|12/16/2014||David J Schulte||CEO||Buy||5,000||$6.00||$30,000.00|| |
|12/3/2014||David J Schulte||CEO||Buy||1,000||$6.55||$6,550.00|| |
|12/1/2014||Rebecca M Sandring||CAO||Buy||6,280||$6.41||$40,254.80|| |
|11/25/2014||David J Schulte||CEO||Buy||14,400||$6.93||$99,792.00|| |
|7/7/2014||Catherine A Lewis||Director||Buy||5,536||$7.84||$43,402.24|| |
|3/20/2014||Charles Heath||Director||Buy||1,000||$6.46||$6,460.00|| |
|2/18/2014||Catherine Lewis||Director||Buy||4,464||$6.75||$30,132.00|| |
|1/27/2014||David Schulte||CEO||Buy||2,750||$6.53||$17,957.50|| |
|1/24/2014||Conrad Ciccotello||Director||Buy||1,200||$6.68||$8,016.00|| |
|8/15/2013||Barrett Brady||Director||Buy||12,500||$7.37||$92,125.00|| |
|6/26/2013||Richard C Green||Director||Buy||10,000||$7.05||$70,500.00|| |
|6/24/2013||David J Schulte||CEO||Buy||5,000||$7.00||$35,000.00|| |
|3/6/2013||David J Schulte||CEO||Buy||2,000||$6.90||$13,800.00|| |
|1/2/2013||John R Graham||Director||Buy||3,000||$6.04||$18,120.00|| |
|12/19/2012||Conrad S Ciccotello||Director||Buy||1,000||$5.99||$5,990.00|| |
Headline Trends for Corenergy Infrastructure Trust (NYSE:CORR)
Latest Headlines for Corenergy Infrastructure Trust (NYSE:CORR)
Corenergy Infrastructure Trust (CORR) Chart for Wednesday, May, 24, 2017