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NYSE:CORRCorenergy Infrastructure Trust Stock Price, Forecast & News

$10.00
-1.05 (-9.50 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$9.89
Now: $10.00
$10.98
50-Day Range
$10.61
MA: $13.11
$24.34
52-Week Range
$9.25
Now: $10.00
$49.75
Volume626,070 shs
Average Volume208,181 shs
Market Capitalization$136.50 million
P/E RatioN/A
Dividend Yield1.81%
Beta1.29
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.
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Corenergy Infrastructure Trust logo

Beat the Market (BTM) Rank

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

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone816-875-3705

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$85.95 million
Cash Flow$1.87 per share
Book Value$25.95 per share

Profitability

Net Income$4.08 million

Miscellaneous

Employees20
Market Cap$136.50 million
Next Earnings Date6/3/2020 (Estimated)
OptionableOptionable

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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?

What other stocks do shareholders of Corenergy Infrastructure Trust own?

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 Relations
  • Mr. 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

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