NYSE:CORR

CorEnergy Infrastructure Trust (CORR) Stock Forecast, Price & News

$1.08

-0.02 (-1.82%)

(As of 03:18 PM ET)

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Today's Range: $1.07
▼
$1.13
50-Day Range: $1.00
▼
$1.31
52-Week Range: $0.95
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$3.48

Volume: 50,277 shs
Average Volume: 88,348 shs
Market Capitalization: $16.58 million

P/E Ratio: 3.28
Dividend Yield: N/A
Price Target: N/A

CorEnergy Infrastructure Trust MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.54% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.85
Upright™ Environmental Score
News Sentiment: 0.54
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.60 out of 5 stars

Finance Sector

769th out of 862 stocks

Real Estate Investment Trusts Industry

168th out of 190 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for CorEnergy Infrastructure Trust.

3.0

Short Interest

Percentage of Shares Shorted
1.54% of the outstanding shares of CorEnergy Infrastructure Trust have been sold short.
Short Interest Ratio / Days to Cover
CorEnergy Infrastructure Trust has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in CorEnergy Infrastructure Trust has recently decreased by 3.82%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
CorEnergy Infrastructure Trust does not currently pay a dividend.
Dividend Growth
CorEnergy Infrastructure Trust does not have a long track record of dividend growth.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CorEnergy Infrastructure Trust has received a -4.98% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "GHG emissions", and "Societal stability & understanding among people". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in non-renewable energy infrastructure" and "Real estate funds investing in renewable energy infrastructure" products. See details.
Environmental Sustainability
The Environmental Impact score for CorEnergy Infrastructure Trust is -0.85.

2.5

News and Social Media Coverage

News Sentiment
CorEnergy Infrastructure Trust has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for CorEnergy Infrastructure Trust this week, compared to 1 article on an average week.
Search Interest
7 people have searched for CORR on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added CorEnergy Infrastructure Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CorEnergy Infrastructure Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.09% of the stock of CorEnergy Infrastructure Trust is held by insiders.
Percentage Held by Institutions
Only 13.38% of the stock of CorEnergy Infrastructure Trust is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CorEnergy Infrastructure Trust is 3.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of CorEnergy Infrastructure Trust is 3.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 143.93.
Price to Book Value per Share Ratio
CorEnergy Infrastructure Trust has a P/B Ratio of 0.15. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CorEnergy Infrastructure Trust (NYSE:CORR) Stock

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) is a real estate investment trust that owns and operates or leases regulated natural gas transmission and distribution lines and crude oil gathering, storage and transmission pipelines and associated rights-of-way.

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CORR Stock News Headlines

June 5, 2023 | finance.yahoo.com

If You're Going to Invest in Micro-Cap Stocks, You Need to Get in the Weeds

June 4, 2023 | americanbankingnews.com

CorEnergy Infrastructure Trust (NYSE:CORR) Now Covered by StockNews.com

June 8, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.

May 31, 2023 | finance.yahoo.com

CorEnergy Announces Participation in the LD Micro Invitational XIII

May 28, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on CorEnergy Infrastructure Trust (NYSE:CORR)

May 26, 2023 | finance.yahoo.com

CorEnergy Takes Important Step in Deleveraging

May 25, 2023 | bizjournals.com

CorEnergy agrees to sell natural gas pipelines to eliminate its bank debt

May 25, 2023 | finance.yahoo.com

Will CorEnergy Ever Pay Their Preferred Dividends?

June 8, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

May 25, 2023 | bizjournals.com

Spire to acquire MoGas, Omega natural gas pipeline systems in Missouri

May 25, 2023 | msn.com

Spire to buy MoGas, Omega pipelines from CorEnergy for $175M

May 20, 2023 | americanbankingnews.com

CorEnergy Infrastructure Trust (NYSE:CORR) Receives New Coverage from Analysts at StockNews.com

May 15, 2023 | americanbankingnews.com

Alexander & Baldwin (NYSE:ALEX) and CorEnergy Infrastructure Trust (NYSE:CORR) Head to Head Review

May 12, 2023 | finance.yahoo.com

Q1 2023 CorEnergy Infrastructure Trust Inc Earnings Call

May 11, 2023 | finance.yahoo.com

CorEnergy Announces First Quarter 2023 Results

May 11, 2023 | americanbankingnews.com

CorEnergy Infrastructure Trust (NYSE:CORR) Earns Hold Rating from Analysts at StockNews.com

May 10, 2023 | americanbankingnews.com

CorEnergy Infrastructure Trust (CORR) to Release Earnings on Thursday

May 2, 2023 | finance.yahoo.com

CorEnergy Schedules Results Release for First Quarter 2023

April 25, 2023 | americanbankingnews.com

CorEnergy Infrastructure Trust (NYSE:CORR) Coverage Initiated by Analysts at StockNews.com

April 8, 2023 | americanbankingnews.com

Analyzing CorEnergy Infrastructure Trust (NYSE:CORR) & Broadmark Realty Capital (NYSE:BRMK)

April 4, 2023 | bizjournals.com

Why CorEnergy's debt is pushing it to sell two natural gas pipelines

April 4, 2023 | americanbankingnews.com

Short Interest in CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Increases By 8.4%

March 31, 2023 | seekingalpha.com

CORR CorEnergy Infrastructure Trust, Inc.

March 29, 2023 | finance.yahoo.com

CorEnergy Files 2022 Form 10-K, Posts ESG Report

March 22, 2023 | seekingalpha.com

CorEnergy eyes sale of Mogas, Omega systems

March 22, 2023 | businesswire.com

CorEnergy Provides Update on Asset Sales

March 8, 2023 | insidermonkey.com

CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Q4 2022 Earnings Call Transcript

See More Headlines

CORR Price History

30 days | 90 days | 365 days | Advanced Chart

CORR Company Calendar

Last Earnings: 11/09/2021
Today: 6/08/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:CORR
Previous Symbol: NYSE:TTO
CUSIP: N/A
CIK: 1347652
Web: corenergy.reit
Phone: (816) 875-3705
Fax: 913-387-2791
Employees: 156
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 3.16
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-12,760,000.00
Net Margins: -15.62%
Pretax Margin: -12.02%
Return on Equity: 2.16%
Return on Assets: 0.51%

Debt

Debt-to-Equity Ratio: 2.04
Current Ratio: 1.90
Quick Ratio: 1.40

Sales & Book Value

Annual Sales: $130.12 million
Price / Sales: 0.13
Cash Flow: $1.75 per share
Price / Cash Flow: 0.63
Book Value: $7.26 per share
Price / Book: 0.15

Miscellaneous

Outstanding Shares: 15,351,000
Free Float: 14,109,000
Market Cap: $16.89 million
Optionable: Optionable
Beta: 1.27

Key Executives

Mr. David John Schulte CFA (Age 62)
J.D., Co-Founder, CEO & Chairman
Comp: $768.5k

Mr. Robert L. Waldron (Age 52)
CFO & Pres
Comp: $357.82k

Mr. John D. Grier (Age 67)
COO & Director

Mr. Christopher M. Huffman (Age 42)
Chief Accounting Officer

Mr. Christopher M. Reitz (Age 57)
Exec. VP, Gen. Counsel & Corp. Sec.

Ms. Norma Renteria
HR Director

Mr. Michael G. Jonagan (Age 62)
Sr. VP

Mr. Richard C. Kreul (Age 67)
Pres of MoGas, LLC & MoWood, LLC

Ms. Rachel A. Stroer
Assistant Sec.

Ms. Natalie Hill
Assistant Corp. Sec. and Paralegal

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CORR Stock - Frequently Asked Questions

How have CORR shares performed in 2023?: CorEnergy Infrastructure Trust's stock was trading at $2.09 on January 1st, 2023. Since then, CORR stock has decreased by 47.4% and is now trading at $1.10.
View the best growth stocks for 2023 here.
Are investors shorting CorEnergy Infrastructure Trust?: CorEnergy Infrastructure Trust saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 246,100 shares, an increase of 10.6% from the April 15th total of 222,600 shares. Based on an average daily volume of 63,500 shares, the short-interest ratio is presently 3.9 days.
View CorEnergy Infrastructure Trust's Short Interest.
When is CorEnergy Infrastructure Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our CORR earnings forecast.
How were CorEnergy Infrastructure Trust's earnings last quarter?: CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) posted its quarterly earnings data on Tuesday, November, 9th. The asset manager reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.08. CorEnergy Infrastructure Trust had a positive trailing twelve-month return on equity of 2.16% and a negative net margin of 15.62%. During the same quarter in the prior year, the business earned ($0.21) earnings per share.
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, November 3rd. Investors of record on Wednesday, November 16th will be paid a dividend of $0.05 per share on Wednesday, November 30th. This represents a $0.20 dividend on an annualized basis and a yield of 18.18%. The ex-dividend date of this dividend is Tuesday, November 15th.
Read our dividend analysis for CORR.
Is CorEnergy Infrastructure Trust a good dividend stock?: CorEnergy Infrastructure Trust (NYSE:CORR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for CORR.

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 AGNC Investment (AGNC), New Residential Investment (NRZ), Energy Transfer (ET), Ares Capital (ARCC), Ladder Capital (LADR), Golar LNG Partners (GMLP), Iron Mountain (IRM), Annaly Capital Management (NLY), Omega Healthcare Investors (OHI) and Starwood Property Trust (STWD).
What is CorEnergy Infrastructure Trust's stock symbol?: CorEnergy Infrastructure Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CORR."
Who are CorEnergy Infrastructure Trust's major shareholders?: CorEnergy Infrastructure Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.46%), Renaissance Technologies LLC (0.18%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Conrad S Ciccotello, David J Schulte, Jeffrey E Fulmer, John D Grier and Rebecca M Sandring.
View institutional ownership trends.
How do I buy shares of CorEnergy Infrastructure Trust?: Shares of CORR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is CorEnergy Infrastructure Trust's stock price today?: One share of CORR stock can currently be purchased for approximately $1.10.
How much money does CorEnergy Infrastructure Trust make?: CorEnergy Infrastructure Trust (NYSE:CORR) has a market capitalization of $16.89 million and generates $130.12 million in revenue each year.
How many employees does CorEnergy Infrastructure Trust have?: The company employs 156 workers across the globe.
How can I contact CorEnergy Infrastructure Trust?: CorEnergy Infrastructure Trust's mailing address is 1100 WALNUT SUITE 3350, KANSAS CITY MO, 64106. The official website for the company is corenergy.reit. The asset manager can be reached via phone at (816) 875-3705, via email at info@corenergy.reit, or via fax at 913-387-2791.

This page (NYSE:CORR) was last updated on 6/8/2023 by MarketBeat.com Staff

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CorEnergy Infrastructure Trust (CORR) Stock Forecast, Price & News

CorEnergy Infrastructure Trust MarketRank™ Forecast

Overall MarketRank™