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

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$34.82 +0.02 (+0.06 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$34.82
Today's Range$34.4024 - $34.89
52-Week Range$34.22 - $39.46
Volume89,731 shs
Average Volume77,511 shs
Market Capitalization$416.06 million
P/E Ratio8.84
Dividend Yield8.62%
Beta1.72
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns essential 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

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:CORR
Previous SymbolNYSE:TTO
CUSIPN/A
Phone816-875-3705

Debt

Debt-to-Equity Ratio0.47
Current Ratio4.75
Quick Ratio4.75

Price-To-Earnings

Trailing P/E Ratio8.84
Forward P/E Ratio9.31
P/E Growth1.86

Sales & Book Value

Annual Sales$88.75 million
Price / Sales4.69
Cash Flow$4.8973 per share
Price / Cash7.11
Book Value$26.76 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$3.81
Net Income$32.60 million
Net Margins33.78%
Return on Equity9.22%
Return on Assets4.78%

Miscellaneous

Employees3
Outstanding Shares11,950,000
Market Cap$416.06 million
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 declared a quarterly dividend on Thursday, October 25th. Shareholders of record on Thursday, November 15th will be given a dividend of $0.75 per share on Friday, November 30th. This represents a $3.00 annualized dividend and a yield of 8.62%. The ex-dividend date of this dividend is Wednesday, November 14th. 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 data on Wednesday, October, 31st. The asset manager reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.97 by $0.53. The asset manager earned $22.64 million during the quarter, compared to the consensus estimate of $22.20 million. Corenergy Infrastructure Trust had a net margin of 33.78% and a return on equity of 9.22%. 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, February 27th 2019. View Earnings Estimates for Corenergy Infrastructure Trust.

What price target have analysts set for CORR?

1 brokerages have issued 1 year price objectives for Corenergy Infrastructure Trust's shares. Their forecasts range from $39.00 to $39.00. On average, they anticipate Corenergy Infrastructure Trust's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price. 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 coverage about CORR stock has trended very positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Corenergy Infrastructure Trust earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news headlines about the asset manager a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.

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:
  • Mr. Richard C. Green Jr., Exec. Chairman (Age 64)
  • Mr. David John Schulte CFA, J.D., CEO, Pres & Director (Age 57)
  • Mr. Jeffrey L. Teeven, VP of Fin. (Age 47)
  • Ms. Rebecca M. Sandring, Sr. VP, Treasurer, Sec. & Interim Chief Accounting Officer (Age 57)
  • Ms. Lesley Schorgl, Mang., Investor Relations

Who are Corenergy Infrastructure Trust's major shareholders?

Corenergy Infrastructure Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (7.69%), BlackRock Inc. (7.46%), LSV Asset Management (5.73%), Prudential Financial Inc. (1.79%), PNC Financial Services Group Inc. (1.44%) and Bank of New York Mellon Corp (1.06%). 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.

Which major investors are selling Corenergy Infrastructure Trust stock?

CORR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., PNC Financial Services Group Inc., Nisa Investment Advisors LLC, Prudential Financial Inc., TIAA CREF Investment Management LLC and Man Group plc. View Insider Buying and Selling for Corenergy Infrastructure Trust.

Which major investors are buying Corenergy Infrastructure Trust stock?

CORR stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, LSV Asset Management, D.A. Davidson & CO., Alliancebernstein L.P., Shell Asset Management Co., Gables Capital Management Inc., Private Advisor Group LLC and Bank of New York Mellon Corp. 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 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 $34.82.

How big of a company is Corenergy Infrastructure Trust?

Corenergy Infrastructure Trust has a market capitalization of $416.06 million and generates $88.75 million in revenue each year. The asset manager earns $32.60 million in net income (profit) each year or $3.81 on an earnings per share basis. Corenergy Infrastructure Trust employs 3 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:  196 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  453
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 11/18/2018 by MarketBeat.com Staff

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