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: Capitalization:
  • Market Cap: $432.94 million
  • Outstanding Shares: 11,894,000
Average Prices:
  • 50 Day Moving Avg: $35.47
  • 200 Day Moving Avg: $34.40
  • 52 Week Range: $22.22 - $37.25
P/E:
  • Trailing P/E Ratio: 14.55
  • Foreward P/E Ratio: 11.70
  • P/E Growth: 7.42
Sales & Book Value:
  • Annual Revenue: $89.07 million
  • Price / Sales: 4.86
  • Book Value: $29.28 per share
  • Price / Book: 1.24
Dividend:
  • Annual Dividend: $3.00
  • Dividend Yield: 8.3%
Profitability:
  • EBIDTA: $70.47 million
  • Net Margins: 28.34%
  • Return on Equity: 6.60%
  • Return on Assets: 3.78%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 6.24%
  • Quick Ratio: 6.24%
Misc:
  • 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?

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.

Analyst Ratings

Consensus Ratings for Corenergy Infrastructure Trust (NYSE:CORR) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $35.67 (2.01% downside)

Analysts' Ratings History for Corenergy Infrastructure Trust (NYSE:CORR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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 & CoDowngradeOutperform -> Market PerformN/AView Rating Details
12/9/2015Bank of America CorpDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 5/24/2015 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
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: $2.43 EPS
Next Year EPS Consensus Estimate: $3.11 EPS

Dividends

Current Dividend Information for Corenergy Infrastructure Trust (NYSE:CORR)
Next Dividend:5/31/2017
Annual Dividend:$3.00
Dividend Yield:8.24%
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 Payments by Quarter for Corenergy Infrastructure Trust (NYSE:CORR)

Dividend History by Quarter for Corenergy Infrastructure Trust (NYSE:CORR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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: 0.97%
Institutional Ownership Percentage: 60.93%
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
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 logoRoyal Bank of Canada Boosts Corenergy Infrastructure Trust Inc (CORR) Price Target to $37.00
www.americanbankingnews.com - May 17 at 11:38 PM
americanbankingnews.com logoCorenergy Infrastructure Trust Inc (CORR) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - May 16 at 9:32 PM
seekingalpha.com logoCould CORR Soar, Again? - Seeking Alpha
seekingalpha.com - May 16 at 9:28 PM
americanbankingnews.com logoInsider Buying: Corenergy Infrastructure Trust Inc (CORR) CEO Acquires 2,236 Shares of Stock
www.americanbankingnews.com - May 15 at 4:22 PM
finance.yahoo.com logoCorEnergy Infrastructure Trust, Inc. (CORR)
finance.yahoo.com - May 13 at 4:27 PM
finance.yahoo.com logoWill CorEnergy (CORR) Prove to be a Suitable Value Pick?
finance.yahoo.com - May 11 at 5:02 PM
nasdaq.com logoCorEnergy Infrastructure Trust's 7.375% Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder
www.nasdaq.com - May 10 at 4:36 PM
finance.yahoo.com logoCorEnergy Announces Closing of Partial Over-Allotment Option for 7.375% Series A Cumulative Redeemable Preferred Stock
finance.yahoo.com - May 10 at 4:36 PM
finance.yahoo.com logoCorEnergy Announces Partial Exercise of Over-Allotment Option for 7.375% Series A Cumulative Redeemable Preferred Stock
finance.yahoo.com - May 9 at 9:26 PM
americanbankingnews.com logoCorenergy Infrastructure Trust Inc (CORR) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 9 at 12:04 AM
americanbankingnews.com logoCorenergy Infrastructure Trust Inc (CORR) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 8 at 11:58 PM
finance.yahoo.com logoEdited Transcript of CORR earnings conference call or presentation 4-May-17 6:00pm GMT
finance.yahoo.com - May 5 at 2:55 AM
americanbankingnews.com logoCorenergy Infrastructure Trust (CORR) Earning Somewhat Positive Press Coverage, Study Shows
www.americanbankingnews.com - May 3 at 9:36 PM
finance.yahoo.com logoCorEnergy Announces First Quarter 2017 Results
finance.yahoo.com - May 3 at 9:26 PM
finance.yahoo.com logoInvestor Network Invites You to the CorEnergy First Quarter 2017 Earnings Conference Call on Thursday, May 4, 2017
finance.yahoo.com - May 3 at 4:24 PM
americanbankingnews.com logoCorenergy Infrastructure Trust (CORR) Given Daily Media Sentiment Score of 0.34
www.americanbankingnews.com - April 30 at 4:33 PM
americanbankingnews.com logoZacks: Analysts Anticipate Corenergy Infrastructure Trust Inc (CORR) Will Post Quarterly Sales of $21.65 Million
www.americanbankingnews.com - April 30 at 7:56 AM
americanbankingnews.com logoZacks: Analysts Anticipate Corenergy Infrastructure Trust Inc (CORR) Will Post Earnings of $1.14 Per Share
www.americanbankingnews.com - April 29 at 1:14 AM
americanbankingnews.com logoCorenergy Infrastructure Trust (CORR) Receiving Somewhat Favorable News Coverage, Analysis Shows
www.americanbankingnews.com - April 27 at 8:32 PM
americanbankingnews.com logoCorenergy Infrastructure Trust Inc (CORR) Announces $0.75 Quarterly Dividend
www.americanbankingnews.com - April 27 at 7:42 PM
finance.yahoo.com logoCorEnergy Declares Common and Preferred Stock Dividends and Schedules Earnings Release for First Quarter 2017
finance.yahoo.com - April 26 at 5:28 PM
americanbankingnews.com logoCorenergy Infrastructure Trust (CORR) Given News Sentiment Rating of 0.28
www.americanbankingnews.com - April 23 at 5:05 PM
finance.yahoo.com logoCBRE Group Buys Mainstream Software, Gets a Trusted Partner - Yahoo Finance
finance.yahoo.com - April 19 at 4:28 PM
finance.yahoo.com logoCorEnergy Announces Closing of Offering of 2.8 Million Depositary Shares Representing 7.375% Series A Cumulative Redeemable Preferred Stock
finance.yahoo.com - April 19 at 12:47 PM
americanbankingnews.com logoCorenergy Infrastructure Trust (CORR) Given Media Impact Score of 0.34
www.americanbankingnews.com - April 18 at 3:48 PM
americanbankingnews.com logoCorenergy Infrastructure Trust (CORR) Given Daily Media Sentiment Score of 0.46
www.americanbankingnews.com - April 15 at 9:21 AM
zacks.com logoPiedmont Unveils Q1 Leasing and Capital Market Activities
www.zacks.com - April 13 at 10:20 AM
seekingalpha.com logoCorEnergy Issues Additional 7.375% Series A Preferred Stock
seekingalpha.com - April 12 at 9:29 PM
finance.yahoo.com logoCorEnergy Announces Update to Tenant Status
finance.yahoo.com - April 12 at 9:29 PM
finance.yahoo.com logoKC energy REIT's stock offering is expected to raise $70M
finance.yahoo.com - April 12 at 4:28 PM
finance.yahoo.com logoCorEnergy Prices Offering of 7.375% Series A Cumulative Redeemable Preferred Stock
finance.yahoo.com - April 12 at 11:25 AM
finance.yahoo.com logoCorEnergy Announces Follow-On Offering of 7.375% Series A Cumulative Redeemable Preferred Stock
finance.yahoo.com - April 11 at 8:57 PM
americanbankingnews.com logo$21.65 Million in Sales Expected for Corenergy Infrastructure Trust Inc (CORR) This Quarter
www.americanbankingnews.com - April 9 at 8:17 AM
americanbankingnews.com logoZacks: Analysts Expect Corenergy Infrastructure Trust Inc (CORR) Will Announce Earnings of $1.14 Per Share
www.americanbankingnews.com - April 7 at 4:47 PM
finance.yahoo.com logoCousins (CUZ) and Hines Ink Lease with Spaces at 8000 Avalon
finance.yahoo.com - April 7 at 9:07 AM
finance.yahoo.com logoEssex Property Prices $350 Million Senior Unsecured Notes
finance.yahoo.com - April 7 at 9:07 AM
finance.yahoo.com logoNational Health (NHI) Sells Shares Worth $80M on ATM Program
finance.yahoo.com - April 7 at 9:07 AM
finance.yahoo.com logoLaSalle Hotel (LHO) to Sell Assets Worth $218.9 Million
finance.yahoo.com - April 7 at 9:07 AM
finance.yahoo.com logoFederal Realty (FRT) Buys Riverpoint Center in Chicago
finance.yahoo.com - April 7 at 9:07 AM
zacks.com logoUMH Properties Expands & Amends Revolving Credit Facility
www.zacks.com - April 3 at 8:28 AM
us.rd.yahoo.com logoCorEnergy Announces MoGas Non-binding Open Season – REX/PEPL to MRT
us.rd.yahoo.com - March 29 at 9:55 PM
us.rd.yahoo.com logo5:03 pm CorEnergy's MoGas announced non-binding Open Season to solicit long-term commitments from shippers for firm transportation capacity on the MoGas Pipeline in eastern Missouri
us.rd.yahoo.com - March 29 at 9:55 PM
finance.yahoo.com logoFederal Realty Partners with Freight Farms for Urban Farming
finance.yahoo.com - March 29 at 10:50 AM
finance.yahoo.com logoKimco Realty Declares Pricing of $400 Million 3.8% Notes
finance.yahoo.com - March 23 at 4:54 PM
finance.yahoo.com logoSimon Property (SPG) Stifled Online: Will You Stay Away?
finance.yahoo.com - March 22 at 4:33 PM
seekingalpha.com logoKing Oil Is Dead; Long Live The King
seekingalpha.com - March 22 at 2:49 AM
finance.yahoo.com logoSimon Property Amends & Extends Revolving Credit Facility
finance.yahoo.com - March 20 at 4:25 PM
finance.yahoo.com logoWill Online Sales Thwart Macerich's (MAC) Near-Term Growth?
finance.yahoo.com - March 16 at 5:47 PM
finance.yahoo.com logoVentas Acquires High-Quality Healthcare Campus in Providence
finance.yahoo.com - March 15 at 9:45 AM
bizjournals.com logoKC executive joins energy business hall of fame
www.bizjournals.com - March 8 at 5:10 PM

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Chart

Corenergy Infrastructure Trust (CORR) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff