NYSE:CORRCorenergy Infrastructure Trust Stock Price, Forecast & News

Corenergy Infrastructure Trust's stock was trading at $25.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CORR shares have decreased by 56.1% and is now trading at $11.13. View which stocks have been most impacted by Coronavirus.

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.

Corenergy Infrastructure Trust is scheduled to release its next quarterly earnings announcement on Wednesday, May 27th 2020. View our earnings forecast for Corenergy Infrastructure Trust.

Corenergy Infrastructure Trust Inc (NYSE:CORR) posted its quarterly earnings results on Wednesday, July, 31st. The asset manager reported $0.59 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.97 by $0.38. The asset manager earned $21.53 million during the quarter, compared to analysts' expectations of $21.16 million. Corenergy Infrastructure Trust had a net margin of 4.75% and a return on equity of 1.16%. View Corenergy Infrastructure Trust's earnings history.

Corenergy Infrastructure Trust announced a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, May 15th will be paid a dividend of $0.05 per share on Friday, May 29th. This represents a $0.20 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Thursday, May 14th. View Corenergy Infrastructure Trust's dividend history.

2 brokerages have issued 12 month price objectives for Corenergy Infrastructure Trust's shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate Corenergy Infrastructure Trust's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View analysts' price targets for Corenergy Infrastructure Trust.

News coverage about CORR stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog 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 1.5 on InfoTrie's scale. They also assigned news coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutCorenergy Infrastructure Trust.

Some companies that are related to Corenergy Infrastructure Trust include Colony Credit Real Estate (CLNC), Redwood Trust (RWT), Summit Hotel Properties (INN), Brookfield Property Reit (BPR), Tanger Factory Outlet Centers (SKT), TPG RE Finance Trust (TRTX), Easterly Government Properties (BPYU), Hammerson (HMSNF), ARMOUR Residential REIT (ARR), Urstadt Biddle Properties (UBA), Global Medical REIT (GMRE), UMH PROPERTIES/SH SH (UMH), CAPSTEAD MTG CO/SH (CMO), RPT Realty (RPT) and Invesco Mortgage Capital (IVR). View all competitors.

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).

Corenergy Infrastructure Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CORR."

Corenergy Infrastructure Trust's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.20%), Morgan Stanley (2.42%), APG Asset Management N.V. (2.42%), State Street Corp (1.93%), Geode Capital Management LLC (1.39%) and Fuller & Thaler Asset Management Inc. (1.22%). 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.

CORR stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, Robeco Institutional Asset Management B.V., Two Sigma Investments LP, Fuller & Thaler Asset Management Inc., Parametric Portfolio Associates LLC, BlackRock Inc., and Alliancebernstein L.P.. View insider buying and selling activity for Corenergy Infrastructure Trust.

CORR stock was acquired 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.

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.

One share of CORR stock can currently be purchased for approximately $11.13.

Corenergy Infrastructure Trust has a market capitalization of $151.92 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.

The official website for Corenergy Infrastructure Trust is corenergy.reit.

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]