CorEnergy Infrastructure Trust Company Profile (NYSE:CORR)

About CorEnergy Infrastructure Trust (NYSE:CORR)

CorEnergy Infrastructure Trust logoCorEnergy 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:
  • Sector: Finance
  • Industry: Specialized REITs
  • Sub-Industry: N/A
  • Symbol: NYSE:CORR
  • CUSIP: N/A
  • Web: corenergy.reit
Capitalization:
  • Market Cap: $392.32 million
  • Outstanding Shares: 11,902,000
Average Prices:
  • 50 Day Moving Avg: $33.63
  • 200 Day Moving Avg: $34.39
  • 52 Week Range: $23.21 - $37.25
P/E:
  • Trailing P/E Ratio: 13.52
  • Foreward P/E Ratio: 7.68
  • P/E Growth: 7.68
Sales & Book Value:
  • Annual Revenue: $88.83 million
  • Price / Sales: 4.38
  • Book Value: $28.87 per share
  • Price / Book: 1.13
Dividend:
  • Annual Dividend: $3.00
  • Dividend Yield: 9.1%
Profitability:
  • EBIDTA: $71.15 million
  • Net Margins: 38.26%
  • Return on Equity: 9.04%
  • Return on Assets: 5.17%
Debt:
  • Debt-to-Equity Ratio: 0.41%
  • Current Ratio: 13.72%
  • Quick Ratio: 13.72%
Misc:
  • Average Volume: 79,572 shs.
  • Beta: 2.07
  • Short Ratio: 16.33
 

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, August 3rd. Investors of record on Thursday, August 17th will be given a dividend of $0.75 per share on Thursday, August 31st. This represents a $3.00 annualized dividend and a yield of 9.17%. The ex-dividend date is Tuesday, August 15th. View CorEnergy Infrastructure Trust's Dividend History.

How were CorEnergy Infrastructure Trust's earnings last quarter?

CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) released its quarterly earnings results on Monday, August, 10th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.06. The company had revenue of $12.68 million for the quarter, compared to analyst estimates of $13.19 million. CorEnergy Infrastructure Trust had a return on equity of 9.04% and a net margin of 38.26%. View CorEnergy Infrastructure Trust's Earnings History.

When will CorEnergy Infrastructure Trust make its next earnings announcement?

CorEnergy Infrastructure Trust is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for CorEnergy Infrastructure Trust.

Where is CorEnergy Infrastructure Trust's stock going? Where will CorEnergy Infrastructure Trust's stock price be in 2017?

4 analysts have issued 1-year target prices for CorEnergy Infrastructure Trust's stock. Their forecasts range from $34.00 to $37.00. On average, they expect CorEnergy Infrastructure Trust's stock price to reach $35.50 in the next year. View Analyst Ratings for CorEnergy Infrastructure Trust.

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

Who are CorEnergy Infrastructure Trust's key executives?

CorEnergy Infrastructure Trust's management team includes the folowing people:

  • Richard C. Green Jr., Chairman of the Board
  • David J. Schulte CPA, President, Chief Executive Officer, Director
  • Nathan Poundstone, Chief Accounting Officer
  • Rebecca M. Sandring, Treasurer, Secretary
  • Barrett Brady, Independent Director
  • Conrad S. Ciccotello, Independent Director
  • Charles E. Heath, Lead Independent Director
  • Catherine A. Lewis, Independent Director

Who owns CorEnergy Infrastructure Trust stock?

CorEnergy Infrastructure Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.14%), LSV Asset Management (4.51%), Goldman Sachs Group Inc. (4.38%), Renaissance Technologies LLC (3.77%), State Street Corp (2.34%) and Northern Trust Corp (1.88%). Company insiders that own CorEnergy Infrastructure Trust stock include David J Schulte, Nate Poundstone and Rebecca M Sandring. 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 Opus Capital Group LLC, Goldman Sachs Group Inc., Martingale Asset Management L P, Punch & Associates Investment Management Inc., James Investment Research Inc., Dupont Capital Management Corp, Bessemer Group Inc. and Prudential Financial 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 Renaissance Technologies LLC, Vanguard Group Inc., Northern Trust Corp, Principal Financial Group Inc., State Street Corp, Campbell & CO Investment Adviser LLC, Cetera Investment Advisers and Voya Investment Management LLC. Company insiders that have bought CorEnergy Infrastructure Trust stock in the last two years include David J Schulte, Nate Poundstone and Rebecca M Sandring. 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.

What is CorEnergy Infrastructure Trust's stock price today?

One share of CorEnergy Infrastructure Trust stock can currently be purchased for approximately $32.70.


MarketBeat Community Rating for CorEnergy Infrastructure Trust (NYSE CORR)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  93 (Vote Outperform)
Underperform Votes:  142 (Vote Underperform)
Total Votes:  235
MarketBeat's community ratings are surveys of what our community members think about CorEnergy Infrastructure Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CorEnergy Infrastructure Trust (NYSE:CORR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $35.50 (8.56% upside)

Analysts' Ratings History for CorEnergy Infrastructure Trust (NYSE:CORR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/26/2017Bank of America CorporationDowngradeNeutral -> Underperform$35.00HighView Rating Details
5/17/2017Royal Bank Of CanadaReiterated RatingSector Perform -> Sector Perform$30.00 -> $37.00HighView Rating Details
3/6/2017Stifel NicolausDowngradeBuy -> Hold$37.00 -> $34.00N/AView Rating Details
9/22/2016DA DavidsonInitiated CoverageBuy$36.00N/AView Rating Details
2/25/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 9/21/2015 forward)

Earnings

Earnings History for CorEnergy Infrastructure Trust (NYSE:CORR)
Earnings by Quarter for CorEnergy Infrastructure Trust (NYSE:CORR)
Earnings History by Quarter for CorEnergy Infrastructure Trust (NYSE CORR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.52N/AView Earnings Details
8/10/2015Q215$0.06$0.12$13.19 million$12.68 millionViewListenView Earnings Details
8/11/2014Q2$0.14$0.15$8.42 million$9.02 millionViewN/AView Earnings Details
3/17/2014$0.03$0.07ViewN/AView Earnings Details
11/12/2013Q3$0.05$0.14$7.18 million$7.60 millionViewListenView Earnings Details
5/10/2013$0.11$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CorEnergy Infrastructure Trust (NYSE:CORR)
Current Year EPS Consensus Estimate: $4.3 EPS
Next Year EPS Consensus Estimate: $4.26 EPS

Dividends

Current Dividend Information for CorEnergy Infrastructure Trust (NYSE:CORR)
Most Recent Dividend:8/31/2017
Annual Dividend:$3.00
Dividend Yield:9.17%
Dividend Growth:17.00% (3 Year Average)
Payout Ratio:124.48% (Trailing 12 Months of Earnings)
69.77% (Based on This Year's Estimates)
70.42% (Based on Next Year's Estimates)
Dividend Payments by Quarter for CorEnergy Infrastructure Trust (NYSE:CORR)

Dividend History by Quarter for CorEnergy Infrastructure Trust (NYSE CORR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017quarterly$0.758.68%8/15/20178/17/20178/31/2017
4/27/2017quarterly$0.758.17%5/12/20175/16/20175/31/2017
1/26/2017quarterly$0.758.25%2/9/20172/13/20172/28/2017
10/27/2016Quarterly$0.7511/10/201611/15/201611/30/2016
7/28/2016Quarterly$0.758/15/20168/17/20168/31/2016
4/28/2016Quarterly$0.755/11/20165/13/20165/31/2016
1/26/2016Quarterly$0.752/10/20162/12/20162/29/2016
10/30/2015Quarterly$0.1511/10/201511/13/201511/30/2015
7/31/2015$0.148/13/20158/17/20158/31/2015
5/1/2015quarterly$0.147.85%5/13/20155/15/20155/29/2015
1/29/2015quarterly$0.137.77%2/11/20152/13/20152/27/2015
10/31/2014quarterly$0.137.05%11/12/201411/14/201411/28/2014
7/31/2014quarterly$0.136.63%8/13/20148/15/20148/29/2014
5/1/2014quarterly$0.137.39%5/12/20145/14/20145/22/2014
1/3/2014quarterly$0.137.14%1/9/20141/13/20141/23/2014
9/18/2013quarterly$0.136.96%9/26/20139/30/201310/4/2013
5/29/2013quarterly$0.136.35%6/26/20136/28/20137/5/2013
2/6/2013quarterly$0.137.17%3/6/20133/8/20133/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CorEnergy Infrastructure Trust (NYSE:CORR)
Insider Ownership Percentage: 0.99%
Institutional Ownership Percentage: 64.23%
Insider Trades by Quarter for CorEnergy Infrastructure Trust (NYSE:CORR)
Institutional Ownership by Quarter for CorEnergy Infrastructure Trust (NYSE:CORR)
Insider Trades by Quarter for CorEnergy Infrastructure Trust (NYSE:CORR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/26/2017David J SchulteCEOBuy1,000$32.89$32,890.00View SEC Filing  
5/12/2017David J. SchulteCEOBuy2,236$33.92$75,845.12View SEC Filing  
3/10/2017Nate PoundstoneInsiderBuy100$33.17$3,317.00View SEC Filing  
3/9/2017David J SchulteCEOBuy500$32.34$16,170.00View SEC Filing  
6/14/2016Rebecca M SandringCAOBuy240$26.06$6,254.40View SEC Filing  
5/26/2016David J SchulteCEOBuy350$22.80$7,980.00View SEC Filing  
1/7/2016Rebecca M SandringCAOBuy1,400$16.42$22,988.00View SEC Filing  
12/7/2015David J SchulteCEOBuy1,000$17.55$17,550.00View SEC Filing  
8/24/2015Conrad S. CiccotelloDirectorBuy1,000$4.94$4,940.00View SEC Filing  
8/24/2015David J SchulteCEOBuy5,000$4.95$24,750.00View SEC Filing  
6/29/2015Richard C GreenChairmanBuy20,000$6.00$120,000.00View SEC Filing  
12/16/2014David J SchulteCEOBuy5,000$6.00$30,000.00View SEC Filing  
12/3/2014David J SchulteCEOBuy1,000$6.55$6,550.00View SEC Filing  
12/1/2014Rebecca M SandringCAOBuy6,280$6.41$40,254.80View SEC Filing  
11/25/2014David J SchulteCEOBuy14,400$6.93$99,792.00View SEC Filing  
7/7/2014Catherine A LewisDirectorBuy5,536$7.84$43,402.24View SEC Filing  
3/20/2014Charles HeathDirectorBuy1,000$6.46$6,460.00View SEC Filing  
2/18/2014Catherine LewisDirectorBuy4,464$6.75$30,132.00View SEC Filing  
1/27/2014David SchulteCEOBuy2,750$6.53$17,957.50View SEC Filing  
1/24/2014Conrad CiccotelloDirectorBuy1,200$6.68$8,016.00View SEC Filing  
8/15/2013Barrett BradyDirectorBuy12,500$7.37$92,125.00View SEC Filing  
6/26/2013Richard C GreenDirectorBuy10,000$7.05$70,500.00View SEC Filing  
6/24/2013David J SchulteCEOBuy5,000$7.00$35,000.00View SEC Filing  
3/6/2013David J SchulteCEOBuy2,000$6.90$13,800.00View SEC Filing  
1/2/2013John R GrahamDirectorBuy3,000$6.04$18,120.00View SEC Filing  
12/19/2012Conrad S CiccotelloDirectorBuy1,000$5.99$5,990.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for CorEnergy Infrastructure Trust (NYSE:CORR)
Latest Headlines for CorEnergy Infrastructure Trust (NYSE:CORR)
Source:
DateHeadline
americanbankingnews.com logoComparing CorEnergy Infrastructure Trust (CORR) and Communications Sales & Leasing,Inc. (UNIT)
www.americanbankingnews.com - September 21 at 4:28 AM
americanbankingnews.com logoQTS Realty Trust (QTS) & CorEnergy Infrastructure Trust (CORR) Head-To-Head Survey
www.americanbankingnews.com - September 19 at 8:52 AM
americanbankingnews.com logoCorEnergy Infrastructure Trust (CORR) versus Its Peers Critical Review
www.americanbankingnews.com - September 14 at 6:04 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust (CORR) & its Rivals Head to Head Survey
www.americanbankingnews.com - September 11 at 6:24 PM
americanbankingnews.com logo$21.64 Million in Sales Expected for CorEnergy Infrastructure Trust, Inc. (CORR) This Quarter
www.americanbankingnews.com - September 11 at 3:28 AM
americanbankingnews.com logoCorEnergy Infrastructure Trust (CORR) versus its Competitors Financial Contrast
www.americanbankingnews.com - September 10 at 8:24 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust (CORR) vs. its Competitors Critical Review
www.americanbankingnews.com - September 10 at 8:38 AM
americanbankingnews.com logo$1.07 EPS Expected for CorEnergy Infrastructure Trust, Inc. (CORR) This Quarter
www.americanbankingnews.com - September 9 at 8:10 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - September 9 at 6:08 AM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Lowered to "Buy" at ValuEngine
www.americanbankingnews.com - September 3 at 5:14 PM
americanbankingnews.com logoBidaskClub Lowers CorEnergy Infrastructure Trust, Inc. (CORR) to Hold
www.americanbankingnews.com - September 2 at 10:10 AM
seekingalpha.com logoCorEnergy Infrastructure Trust (CORR) Presents At Midwest Ideas Investor Conference - Slideshow
seekingalpha.com - August 31 at 5:18 PM
seekingalpha.com logoCorEnergy: A 9% Dividend As Good As Black Gold
seekingalpha.com - August 23 at 6:03 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Expected to Announce Earnings of $1.07 Per Share
www.americanbankingnews.com - August 22 at 8:14 AM
seekingalpha.com logoCorEnergy Infrastructure Trust (CORR) Presents At EnerCom Oil & Gas Conference - Slideshow
seekingalpha.com - August 17 at 6:41 PM
finance.yahoo.com logoCorEnergy Chief Executive Officer to Present at the 6th Annual Intellisight Investor Conference
finance.yahoo.com - August 16 at 5:50 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - August 15 at 6:50 AM
nasdaq.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Ex-Dividend Date Scheduled for August 15, 2017 - Nasdaq
www.nasdaq.com - August 14 at 5:49 PM
americanbankingnews.com logoCyrusOne (CONE) versus CorEnergy Infrastructure Trust (CORR) Financial Review
www.americanbankingnews.com - August 14 at 4:22 AM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - August 11 at 9:42 PM
nasdaq.com logoCash Dividend On The Way From CorEnergy Infrastructure Trust's 7.375% Series A Cumulative Redeemable Preferred Stock
www.nasdaq.com - August 11 at 5:49 PM
thestreet.com logoCorEnergy Infrastructure Trust About To Put More Money In Your Pocket (CORR)
www.thestreet.com - August 11 at 5:49 PM
americanbankingnews.com logoReviewing CyrusOne (CONE) & CorEnergy Infrastructure Trust (NYSE:CORR)
www.americanbankingnews.com - August 10 at 3:02 PM
americanbankingnews.com logoReviewing CyrusOne (CONE) and CorEnergy Infrastructure Trust (NYSE:CORR)
www.americanbankingnews.com - August 10 at 12:47 PM
businesswire.com logoCorEnergy Chief Executive Officer to Present at EnerCom's The Oil & Gas Conference - Business Wire (press release)
www.businesswire.com - August 9 at 5:35 PM
finance.yahoo.com logoCorEnergy Chief Executive Officer to Present at EnerCom’s The Oil & Gas Conference
finance.yahoo.com - August 9 at 5:35 PM
americanbankingnews.com logo$21.64 Million in Sales Expected for CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) This Quarter
www.americanbankingnews.com - August 6 at 7:54 AM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Expected to Announce Earnings of $1.10 Per Share
www.americanbankingnews.com - August 4 at 8:02 AM
finance.yahoo.com logoEdited Transcript of CORR earnings conference call or presentation 3-Aug-17 6:00pm GMT
finance.yahoo.com - August 4 at 4:54 AM
seekingalpha.com logoCorEnergy Infrastructure Trust's (CORR) CEO David Schulte on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 3 at 6:53 PM
finance.yahoo.com logoCorEnergy reports 2Q results
finance.yahoo.com - August 3 at 6:53 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) to Issue $0.75 Quarterly Dividend
www.americanbankingnews.com - August 3 at 5:46 PM
finance.yahoo.com logoInvestor Network Invites You to the CorEnergy Second Quarter 2017 Earnings Conference Call on Thursday, August 3, 2017
finance.yahoo.com - August 2 at 6:15 PM
finance.yahoo.com logoCorEnergy Announces Second Quarter 2017 Results and Dividends
finance.yahoo.com - August 2 at 6:15 PM
finance.yahoo.com logoEnerCom Announces Speakers and Agenda for The Oil & Gas Conference(R) 22 in Denver - August 13-17, 2017
finance.yahoo.com - August 2 at 6:15 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - July 29 at 7:21 PM
finance.yahoo.com logoCorEnergy Schedules Earnings Release for Second Quarter 2017
finance.yahoo.com - July 26 at 6:01 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - July 24 at 9:40 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust (CORR) versus Jernigan Capital (JCAP) Critical Analysis
www.americanbankingnews.com - July 24 at 6:06 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 21 at 7:38 AM
americanbankingnews.com logoCritical Contrast: CorEnergy Infrastructure Trust (CORR) & CyrusOne (CONE)
www.americanbankingnews.com - July 19 at 12:14 AM
americanbankingnews.com logo Brokerages Anticipate CorEnergy Infrastructure Trust, Inc. (CORR) to Announce $1.10 EPS
www.americanbankingnews.com - July 12 at 10:40 PM
finance.yahoo.com logo3 Stocks Billionaires Can't Buy, but You Can
finance.yahoo.com - July 11 at 6:30 PM
seekingalpha.com logoIt's Time For CorEnergy To Go Fishing For Another Whale - Seeking Alpha
seekingalpha.com - July 10 at 5:25 PM
americanbankingnews.com logoAnalyzing CorEnergy Infrastructure Trust (CORR) & InfraREIT (HIFR)
www.americanbankingnews.com - June 30 at 8:19 AM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) CEO Acquires $32,890.00 in Stock
www.americanbankingnews.com - June 27 at 10:33 PM
seekingalpha.com logoCorEnergy downgraded at BofA on M&A strategy, dividend coverage concern
seekingalpha.com - June 26 at 10:15 PM
americanbankingnews.com logoBank of America Corporation Downgrades CorEnergy Infrastructure Trust, Inc. (CORR) to Underperform
www.americanbankingnews.com - June 26 at 12:16 PM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - June 26 at 9:02 AM
americanbankingnews.com logoCorEnergy Infrastructure Trust, Inc. (CORR) Expected to Post Quarterly Sales of $21.58 Million
www.americanbankingnews.com - June 18 at 8:14 AM

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Chart

CorEnergy Infrastructure Trust (CORR) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff