NYSE:CORRCorenergy Infrastructure Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Corenergy Infrastructure Trust Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.00 -1.05 (-9.50 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$9.89Now: $10.00▼$10.9850-Day Range$10.61MA: $13.11▼$24.3452-Week Range$9.25Now: $10.00▼$49.75Volume626,070 shsAverage Volume208,181 shsMarket Capitalization$136.50 millionP/E RatioN/ADividend Yield1.81%Beta1.29 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical 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.Read More Beat the Market (BTM) Rank™ 2.8 Analyst's Opinion Consensus RatingCorenergy Infrastructure Trust has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Corenergy Infrastructure Trust has a potential upside of 50.0% from its current price of $10.00.Amount of Analyst CoverageCorenergy Infrastructure Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesCorenergy Infrastructure Trust has received 254 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCorenergy Infrastructure Trust has received 328 “underperform” votes. (Add your “underperform” vote.)Community SentimentCorenergy Infrastructure Trust has received 56.36% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCorenergy Infrastructure Trust is a leading dividend payer. It pays a dividend yield of 1.81%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCorenergy Infrastructure Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Corenergy Infrastructure Trust is 5.22 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Corenergy Infrastructure Trust will have a dividend payout ratio of 45.45 % next year. This indicates that Corenergy Infrastructure Trust will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corenergy Infrastructure Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.41% of the stock of Corenergy Infrastructure Trust is held by insiders.Percentage Held by Institutions62.01% of the stock of Corenergy Infrastructure Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Corenergy Infrastructure Trust are expected to decrease by -65.63% in the coming year, from $1.28 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corenergy Infrastructure Trust is -25.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Corenergy Infrastructure Trust is -25.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCorenergy Infrastructure Trust has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.8Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.58 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:CORR Previous SymbolNYSE:TTO CUSIPN/A CIK1347652 Webcorenergy.reit Phone816-875-3705Debt Debt-to-Equity Ratio0.43 Current Ratio17.16 Quick Ratio17.16Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio7.81 P/E GrowthN/A Sales & Book Value Annual Sales$85.95 million Price / Sales1.59 Cash Flow$1.87 per share Price / Cash Flow5.36 Book Value$25.95 per share Price / Book0.39Profitability EPS (Most Recent Fiscal Year)$3.83 Net Income$4.08 million Net Margins4.75% Return on Equity1.16% Return on Assets0.65%Miscellaneous Employees20 Outstanding Shares13,650,000Market Cap$136.50 million Next Earnings Date6/3/2020 (Estimated) OptionableOptionable CORR Rates by TradingView Receive CORR News and Ratings via Email Sign-up to receive the latest news and ratings for CORR and its competitors with MarketBeat's FREE daily newsletter. Corenergy Infrastructure Trust (NYSE:CORR) Frequently Asked Questions How has Corenergy Infrastructure Trust's stock been impacted by COVID-19 (Coronavirus)? Corenergy Infrastructure Trust's stock was trading at $25.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CORR stock has decreased by 60.5% and is now trading at $10.00. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Corenergy Infrastructure Trust? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corenergy Infrastructure Trust in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Corenergy Infrastructure Trust. When is Corenergy Infrastructure Trust's next earnings date? Corenergy Infrastructure Trust is scheduled to release its next quarterly earnings announcement on Wednesday, June 3rd 2020. View our earnings forecast for Corenergy Infrastructure Trust. How were Corenergy Infrastructure Trust's earnings last quarter? Corenergy Infrastructure Trust Inc (NYSE:CORR) posted its earnings results on Wednesday, July, 31st. The asset manager reported $0.59 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.97 by $0.38. The asset manager earned $21.53 million during the quarter, compared to analyst estimates of $21.16 million. Corenergy Infrastructure Trust had a return on equity of 1.16% and a net margin of 4.75%. View Corenergy Infrastructure Trust's earnings history. 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 Tuesday, April 28th. Investors of record on Friday, May 15th will be given a dividend of $0.05 per share on Friday, May 29th. This represents a $0.20 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Thursday, May 14th. View Corenergy Infrastructure Trust's dividend history. What price target have analysts set for CORR? 2 brokers have issued 1 year price targets for Corenergy Infrastructure Trust's shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate Corenergy Infrastructure Trust's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 50.0% from the stock's current price. View analysts' price targets for Corenergy Infrastructure Trust. Has Corenergy Infrastructure Trust been receiving favorable news coverage? News coverage about CORR stock has been trending very negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Corenergy Infrastructure Trust earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCorenergy Infrastructure Trust. Who are some of Corenergy Infrastructure Trust's key competitors? Some companies that are related to Corenergy Infrastructure Trust include Easterly Government Properties (BPYU), Tanger Factory Outlet Centers (SKT), TPG RE Finance Trust (TRTX), Brookfield Property Reit (BPR), UMH PROPERTIES/SH SH (UMH), ARMOUR Residential REIT (ARR), Urstadt Biddle Properties (UBA), Global Medical REIT (GMRE), CAPSTEAD MTG CO/SH (CMO), RPT Realty (RPT), Invesco Mortgage Capital (IVR), Urstadt Biddle Properties (UBP), City Office REIT (CIO), Catchmark Timber Trust (CTT) and Preferred Apartment Communities (APTS). View all competitors. 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 New Residential Investment (NRZ), Energy Transfer LP Unit (ET), AGNC Investment (AGNC), Ladder Capital (LADR), Golar LNG Partners (GMLP), ANNALY CAP MGMT/SH (NLY), Starwood Property Trust (STWD), ARBOR RLTY TR I/SH (ABR), Ares Capital (ARCC) and ARMOUR Residential REIT (ARR). Who are Corenergy Infrastructure Trust's key executives? Corenergy Infrastructure Trust's management team includes the following people: Mr. David John Schulte CFA, J.D., CEO, Pres & Chairman (Age 58)Mr. Jeffrey L. Teeven, VP of Fin. (Age 48)Ms. Rebecca M. Sandring, Exec. VP, Treasurer, Sec. & Chief Accounting Officer (Age 59)Ms. Lesley Robertshaw Schorgl, Mang. of Investor RelationsMr. Jeffrey Everett Fulmer, Exec. VP, Bus. Devel. (Age 58) 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.20%), Morgan Stanley (2.42%), Morgan Stanley (2.42%), APG Asset Management N.V. (2.42%), State Street Corp (1.93%) and Geode Capital Management LLC (1.39%). Company insiders that own Corenergy Infrastructure Trust stock include David J Schulte, Jeffrey E Fulmer and Rebecca M Sandring. View institutional ownership trends for Corenergy Infrastructure Trust. Which institutional investors are selling Corenergy Infrastructure Trust stock? CORR stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, Morgan Stanley, Robeco Institutional Asset Management B.V., Two Sigma Investments LP, Fuller & Thaler Asset Management Inc., Parametric Portfolio Associates LLC, and BlackRock Inc.. View insider buying and selling activity for Corenergy Infrastructure Trust. Which institutional investors are buying Corenergy Infrastructure Trust stock? CORR stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Mackay Shields LLC, Nuveen Asset Management LLC, Advisor Group Holdings Inc., APG Asset Management N.V., Capital Square LLC, Kayne Anderson Capital Advisors LP, and H&H Retirement Design & Management INC. Company insiders that have bought Corenergy Infrastructure Trust stock in the last two years include David J Schulte, Jeffrey E Fulmer, and Rebecca M Sandring. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Corenergy Infrastructure Trust's stock price today? One share of CORR stock can currently be purchased for approximately $10.00. How big of a company is Corenergy Infrastructure Trust? Corenergy Infrastructure Trust has a market capitalization of $136.50 million and generates $85.95 million in revenue each year. The asset manager earns $4.08 million in net income (profit) each year or $3.83 on an earnings per share basis. Corenergy Infrastructure Trust employs 20 workers across the globe. What is Corenergy Infrastructure Trust's official website? The official website for Corenergy Infrastructure Trust is 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
