About Tortoise Capital Resources (NYSE:CORR)
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. For more information, please visit corenergy.reit.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CORR
CUSIPN/A
Phone816-875-3705
Debt
Debt-to-Equity Ratio0.46%
Current Ratio4.30%
Quick Ratio4.30%
Price-To-Earnings
Trailing P/E Ratio10.02
Forward P/E Ratio8.65
P/E Growth2.89
Sales & Book Value
Annual Sales$88.75 million
Price / Sales5.13
Cash Flow$4.8798 per share
Price / Cash7.82
Book Value$27.86 per share
Price / Book1.37
Profitability
EPS (Most Recent Fiscal Year)$3.81
Net Income$32.60 million
Net Margins36.74%
Return on Equity9.00%
Return on Assets5.01%
Miscellaneous
Employees3
Outstanding Shares11,920,000
Tortoise Capital Resources (NYSE:CORR) Frequently Asked Questions
What is Tortoise Capital Resources' stock symbol?
Tortoise Capital Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CORR."
How often does Tortoise Capital Resources pay dividends? What is the dividend yield for Tortoise Capital Resources?
Tortoise Capital Resources announced a quarterly dividend on Wednesday, January 24th. Shareholders of record on Wednesday, February 14th will be given a dividend of $0.75 per share on Wednesday, February 28th. This represents a $3.00 dividend on an annualized basis and a yield of 7.86%. The ex-dividend date of this dividend is Tuesday, February 13th. View Tortoise Capital Resources' Dividend History.
How were Tortoise Capital Resources' earnings last quarter?
Tortoise Capital Resources Co. (NYSE:CORR) announced its earnings results on Wednesday, February, 28th. The asset manager reported $0.36 EPS for the quarter, missing the Zacks' consensus estimate of $1.03 by $0.67. The asset manager had revenue of $22.40 million for the quarter. Tortoise Capital Resources had a return on equity of 9.00% and a net margin of 36.74%. View Tortoise Capital Resources' Earnings History.
When is Tortoise Capital Resources' next earnings date?
What price target have analysts set for CORR?
2 equities research analysts have issued twelve-month price objectives for Tortoise Capital Resources' shares. Their predictions range from $35.00 to $37.00. On average, they anticipate Tortoise Capital Resources' share price to reach $36.00 in the next twelve months. View Analyst Ratings for Tortoise Capital Resources.
Who are some of Tortoise Capital Resources' key competitors?
Some companies that are related to Tortoise Capital Resources include Invesco Mortgage Capital (IVR), Chesapeake Lodging (CHSP), QTS Realty Trust (QTS), Select Income REIT (SIR), Alexander & Baldwin (ALEX), Cyrela Brazil Realty SA Emprdts e Prtpcs (CYRBY), Ladder Capital (LADR), American Assets Trust (AAT), Summit Hotel Properties (INN), Safestore (SFSHF), Mack Cali Realty (CLI), Agree Realty (ADC), LTC Properties (LTC), Four Corners Property (FCPT) and Industrial Logistics Properties Trust (ILPT).
Who are Tortoise Capital Resources' key executives?
Tortoise Capital Resources' 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. Nathan L. Poundstone, Sr. VP & Chief Accounting Officer (Age 43)
- Ms. Lesley Schorgl, Mang. of Investor Relations
- Mr. Jeffrey Everett Fulmer, Sr. VP (Age 57)
Has Tortoise Capital Resources been receiving favorable news coverage?
News articles about CORR stock have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tortoise Capital Resources earned a media sentiment score of 0.08 on Accern's scale. They also gave news stories about the asset manager an impact score of 46.25 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
How do I buy shares of Tortoise Capital Resources?
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 Tortoise Capital Resources' stock price today?
One share of CORR stock can currently be purchased for approximately $38.16.
How big of a company is Tortoise Capital Resources?
Tortoise Capital Resources has a market capitalization of $456.14 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. Tortoise Capital Resources employs 3 workers across the globe.
How can I contact Tortoise Capital Resources?
Tortoise Capital Resources' 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 Tortoise Capital Resources (CORR)
MarketBeat's community ratings are surveys of what our community members think about Tortoise Capital Resources 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.
Tortoise Capital Resources (NYSE:CORR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Tortoise Capital Resources in the last 12 months. Their average twelve-month price target is $36.00, suggesting that the stock has a possible downside of 5.66%. The high price target for CORR is $37.00 and the low price target for CORR is $35.00. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.50 | 1.50 | 1.67 | 1.67 |
| Ratings Breakdown: | 1 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $36.00 | $36.00 | $35.3333 | $35.3333 |
| Price Target Upside: | 5.66% downside | 2.95% upside | 1.04% upside | 1.04% upside |
Tortoise Capital Resources (NYSE:CORR) Consensus Price Target History
Tortoise Capital Resources (NYSE:CORR) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
Tortoise Capital Resources (NYSE:CORR) Dividend Information
Tortoise Capital Resources pays an annual dividend of $3.00 per share, with a dividend yield of 7.86%. CORR's most recent quarterly dividend payment was Wednesday, February 28. Tortoise Capital Resources pays out 78.74% of its earnings out as a dividend.
| Most Recent Dividend: | 2/28/2018 |
| Annual Dividend: | $3.00 |
| Dividend Yield: | 7.86% |
| Dividend Growth: | 5.30% (3 Year Average) |
| Payout Ratio: | 78.74% (Trailing 12 Months of Earnings)
68.03% (Based on This Year's Estimates)
66.96% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Tortoise Capital Resources (NYSE:CORR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/24/2018 | Quarterly | $0.75 | 7.99% | 2/13/2018 | 2/14/2018 | 2/28/2018 |
| 10/26/2017 | quarterly | $0.75 | 8.52% | 11/14/2017 | 11/15/2017 | 11/30/2017 |
| 8/3/2017 | quarterly | $0.75 | 8.68% | 8/15/2017 | 8/17/2017 | 8/31/2017 |
| 4/27/2017 | quarterly | $0.75 | 8.17% | 5/12/2017 | 5/16/2017 | 5/31/2017 |
| 1/26/2017 | quarterly | $0.75 | 8.25% | 2/9/2017 | 2/13/2017 | 2/28/2017 |
| 10/27/2016 | Quarterly | $0.75 | | 11/10/2016 | 11/15/2016 | 11/30/2016 |
| 7/28/2016 | Quarterly | $0.75 | | 8/15/2016 | 8/17/2016 | 8/31/2016 |
| 4/28/2016 | Quarterly | $0.75 | | 5/11/2016 | 5/13/2016 | 5/31/2016 |
| 1/26/2016 | Quarterly | $0.75 | | 2/10/2016 | 2/12/2016 | 2/29/2016 |
| 10/30/2015 | Quarterly | $0.15 | | 11/10/2015 | 11/13/2015 | 11/30/2015 |
| 7/31/2015 | | $0.1350 | | 8/13/2015 | 8/17/2015 | 8/31/2015 |
| 5/1/2015 | quarterly | $0.1350 | 7.85% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 1/29/2015 | quarterly | $0.13 | 7.77% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 10/31/2014 | quarterly | $0.13 | 7.05% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
| 7/31/2014 | quarterly | $0.13 | 6.63% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 5/1/2014 | quarterly | $0.1290 | 7.39% | 5/12/2014 | 5/14/2014 | 5/22/2014 |
| 1/3/2014 | quarterly | $0.1250 | 7.14% | 1/9/2014 | 1/13/2014 | 1/23/2014 |
| 9/18/2013 | quarterly | $0.1250 | 6.96% | 9/26/2013 | 9/30/2013 | 10/4/2013 |
| 5/29/2013 | quarterly | $0.1250 | 6.35% | 6/26/2013 | 6/28/2013 | 7/5/2013 |
| 2/6/2013 | quarterly | $0.1250 | 7.17% | 3/6/2013 | 3/8/2013 | 3/19/2013 |
(Data available from 1/1/2013 forward)
Tortoise Capital Resources (NYSE CORR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.20%
Institutional Ownership Percentage: 60.09%
Tortoise Capital Resources (NYSE CORR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/8/2018 | David J Schulte | CEO | Buy | 1,930 | $36.91 | $71,236.30 | 22,110 |  |
| 1/10/2018 | Rebecca M Sandring | SVP | Buy | 575 | $36.93 | $21,234.75 | 4,276 | |
| 1/9/2018 | David J Schulte | CEO | Buy | 690 | $37.27 | $25,716.30 | 21,610 | |
| 1/9/2018 | Nate Poundstone | Insider | Buy | 300 | $37.22 | $11,166.00 | 400 | |
| 6/26/2017 | David J Schulte | CEO | Buy | 1,000 | $32.89 | $32,890.00 | 21,010 | |
| 5/12/2017 | David J. Schulte | CEO | Buy | 2,236 | $33.92 | $75,845.12 | | |
| 3/10/2017 | Nate Poundstone | Insider | Buy | 100 | $33.17 | $3,317.00 | 100 | |
| 3/9/2017 | David J Schulte | CEO | Buy | 500 | $32.34 | $16,170.00 | 17,774 | |
| 6/14/2016 | Rebecca M Sandring | CAO | Buy | 240 | $26.06 | $6,254.40 | 3,396 | |
| 5/26/2016 | David J Schulte | CEO | Buy | 350 | $22.80 | $7,980.00 | 17,274 | |
| 1/7/2016 | Rebecca M Sandring | CAO | Buy | 1,400 | $16.42 | $22,988.00 | 3,156 | |
| 12/7/2015 | David J Schulte | CEO | Buy | 1,000 | $17.55 | $17,550.00 | 9,829 | |
| 8/24/2015 | Conrad S. Ciccotello | Director | Buy | 1,000 | $4.94 | $4,940.00 | 4,354 | |
| 8/24/2015 | David J Schulte | CEO | Buy | 5,000 | $4.95 | $24,750.00 | 43,058 | |
| 6/29/2015 | Richard C Green | Chairman | Buy | 20,000 | $6.00 | $120,000.00 | | |
| 12/16/2014 | David J Schulte | CEO | Buy | 5,000 | $6.00 | $30,000.00 | | |
| 12/3/2014 | David J Schulte | CEO | Buy | 1,000 | $6.55 | $6,550.00 | | |
| 12/1/2014 | Rebecca M Sandring | CAO | Buy | 6,280 | $6.41 | $40,254.80 | | |
| 11/25/2014 | David J Schulte | CEO | Buy | 14,400 | $6.93 | $99,792.00 | | |
| 7/7/2014 | Catherine A Lewis | Director | Buy | 5,536 | $7.84 | $43,402.24 | | |
| 3/20/2014 | Charles Heath | Director | Buy | 1,000 | $6.46 | $6,460.00 | | |
| 2/18/2014 | Catherine Lewis | Director | Buy | 4,464 | $6.75 | $30,132.00 | | |
| 1/27/2014 | David Schulte | CEO | Buy | 2,750 | $6.53 | $17,957.50 | 23,369 | |
| 1/24/2014 | Conrad Ciccotello | Director | Buy | 1,200 | $6.68 | $8,016.00 | 8,073 | |
| 8/15/2013 | Barrett Brady | Director | Buy | 12,500 | $7.37 | $92,125.00 | | |
| 6/26/2013 | Richard C Green | Director | Buy | 10,000 | $7.05 | $70,500.00 | | |
| 6/24/2013 | David J Schulte | CEO | Buy | 5,000 | $7.00 | $35,000.00 | | |
| 3/6/2013 | David J Schulte | CEO | Buy | 2,000 | $6.90 | $13,800.00 | | |
| 1/2/2013 | John R Graham | Director | Buy | 3,000 | $6.04 | $18,120.00 | | |
| 12/19/2012 | Conrad S Ciccotello | Director | Buy | 1,000 | $5.99 | $5,990.00 | | |
(Data available from 1/1/2013 forward)
Tortoise Capital Resources (NYSE CORR) News Headlines
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Tortoise Capital Resources (NYSE:CORR) SEC Filings
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Tortoise Capital Resources (NYSE:CORR) Income Statement, Balance Sheet and Cash Flow Statement
Tortoise Capital Resources (NYSE CORR) Stock Chart for Tuesday, April, 24, 2018
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