NYSE:CORR

CorEnergy Infrastructure Trust - CORR Stock Forecast, Price & News

$1.59

-0.15 (-8.62%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $1.56
▼
$1.74
50-Day Range: $1.59
▼
$2.49
52-Week Range: $1.56
▼
$5.49

Volume: 71,456 shs
Average Volume: 38,973 shs
Market Capitalization: $23.95 million

P/E Ratio: N/A
Dividend Yield: 11.49%
Price Target: N/A

CorEnergy Infrastructure Trust MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.99% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.85
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.60 out of 5 stars

Finance Sector

871st out of 926 stocks

Real Estate Investment Trusts Industry

181st out of 197 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for CorEnergy Infrastructure Trust.

3.0

Short Interest

Percentage of Shares Shorted
0.99% of the outstanding shares of CorEnergy Infrastructure Trust have been sold short.
Short Interest Ratio / Days to Cover
CorEnergy Infrastructure Trust has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in CorEnergy Infrastructure Trust has recently decreased by 1.45%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
CorEnergy Infrastructure Trust is a leading dividend payer. It pays a dividend yield of 11.49%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CorEnergy Infrastructure Trust does not have a long track record of dividend growth.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CorEnergy Infrastructure Trust has received a -4.98% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "GHG emissions", and "Societal stability & understanding among people". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in non-renewable energy infrastructure" and "Real estate funds investing in renewable energy infrastructure" products. See details.
Environmental Sustainability
The Environmental Impact score for CorEnergy Infrastructure Trust is -0.85.

3.4

News and Social Media Coverage

News Sentiment
CorEnergy Infrastructure Trust has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for CorEnergy Infrastructure Trust this week, compared to 0 articles on an average week.
Search Interest
Only 3 people have searched for CORR on MarketBeat in the last 30 days. This is a decrease of -77% compared to the previous 30 days.
MarketBeat Follows
1 people have added CorEnergy Infrastructure Trust to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CorEnergy Infrastructure Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.33% of the stock of CorEnergy Infrastructure Trust is held by insiders.
Percentage Held by Institutions
Only 14.35% of the stock of CorEnergy Infrastructure Trust is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CorEnergy Infrastructure Trust is -4.18, 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. Sector
The P/E ratio of CorEnergy Infrastructure Trust is -4.18, 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 Ratio
CorEnergy Infrastructure Trust has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CorEnergy Infrastructure Trust (NYSE:CORR) Stock

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 customers and operators of our assets, including triple-net participating leases and from long term customer contracts.

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CORR Stock News Headlines

September 27, 2022 | americanbankingnews.com

CorEnergy Infrastructure Trust (NYSE:CORR) Now Covered by Analysts at StockNews.com

August 12, 2022 | apnews.com

CorEnergy: Q2 Earnings Snapshot

August 11, 2022 | seekingalpha.com

CorEnergy Infrastructure Trust, Inc. (CORR) CEO Dave Schulte on Q2 2022 Results - Earnings Call Transcript

August 11, 2022 | finance.yahoo.com

CorEnergy Is a Pipeline to High Yield

August 11, 2022 | finance.yahoo.com

CorEnergy Announces Second Quarter 2022 Results

August 11, 2022 | finance.yahoo.com

CorEnergy Announces Second Quarter 2022 Results

August 5, 2022 | finance.yahoo.com

CorEnergy Declares Common and Preferred Dividends, Provides Volume Update and Schedules Results Release for Second Quarter 2022

July 5, 2022 | seekingalpha.com

CorEnergy: Rising Risks

May 13, 2022 | seekingalpha.com

CorEnergy Infrastructure Trust, Inc. (CORR) CEO Dave Schulte on Q1 2022 Results - Earnings Call Transcript

May 12, 2022 | seekingalpha.com

CorEnergy stock gains after strong Q1, MOU for carbon sequestration project

May 12, 2022 | finance.yahoo.com

CorEnergy Announces First Quarter 2022 Results

May 6, 2022 | finance.yahoo.com

CorEnergy Declares Common and Preferred Dividends, Schedules Results Release for First Quarter 2022

March 14, 2022 | finance.yahoo.com

CorEnergy Announces 2021 Results and 2022 Outlook

March 14, 2022 | seekingalpha.com

CorEnergy Infrastructure Trust GAAP EPS of -$0.31, revenue of $35.8M

February 7, 2022 | finance.yahoo.com

CorEnergy Declares Common and Preferred Dividends, Schedules Results Release for Fourth Quarter and Full Year 2021

February 6, 2022 | nasdaq.com

CorEnergy Infrastructure Trust (NYSE:CORR) shareholders are up 19% this past week, but still in the red over the last three years

February 4, 2022 | finance.yahoo.com

CorEnergy Infrastructure Trust (NYSE:CORR) shareholders are up 16% this past week, but still in the red over the last three years

January 25, 2022 | finance.yahoo.com

CorEnergy Announces Tax Characterization of 2021 Distributions

December 22, 2021 | finance.yahoo.com

CorEnergy Infrastructure Trust, Inc. (CORR)

November 11, 2021 | benzinga.com

CorEnergy Infr Trust Q3 Sales $37.03M Beat $35.32M Estimate

November 9, 2021 | finance.yahoo.com

CorEnergy Announces Third Quarter 2021 Results

October 28, 2021 | finance.yahoo.com

CorEnergy Declares Common and Preferred Dividends, Schedules Results Release for Third Quarter 2021

August 24, 2021 | finance.yahoo.com

2 REITs I'm Not Giving Up On

August 10, 2021 | nasdaq.com

Shareholders in CorEnergy Infrastructure Trust (NYSE:CORR) are in the red if they invested three years ago

August 9, 2021 | finance.yahoo.com

CorEnergy Announces Second Quarter 2021 Results

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CORR Company Calendar

Last Earnings: 11/09/2021
Ex-Dividend for 8/31 Dividend: 8/16/2022
Dividend Payable: 8/31/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/08/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:CORR
Previous Symbol: NYSE:TTO
CUSIP: N/A
CIK: 1347652
Web: corenergy.reit
Phone: (816) 875-3705
Fax: 913-387-2791
Employees: 155
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.38)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 1.07
P/E Growth: N/A
Net Income: $-11,530,000.00
Net Margins: 2.82%
Pretax Margin: 12.09%
Return on Equity: 2.86%
Return on Assets: 0.76%

Debt

Debt-to-Equity Ratio: 1.59
Current Ratio: 2.45
Quick Ratio: 2.19

Sales & Book Value

Annual Sales: $128.13 million
Price / Sales: 0.19
Cash Flow: $0.30 per share
Price / Cash Flow: 5.31
Book Value: $9.02 per share
Price / Book: 0.18

Miscellaneous

Outstanding Shares: 15,060,000
Free Float: 14,108,000
Market Cap: $23.95 million
Optionable: Optionable
Beta: 0.68

Key Executives

Mr. David John Schulte CFA (Age 61)
J.D., Co-Founder, Chairman, CEO & Pres
Comp: $250k

Mr. Robert L. Waldron (Age 51)
Exec. VP, CFO & Sec.
Comp: $720.19k

Mr. Larry W. Alexander (Age 66)
Pres of Crimson California
Comp: $868.44k

Mr. John D. Grier (Age 66)
COO & Director

Mr. Chris M. Huffman (Age 42)
Chief Accounting Officer

Mr. Christopher M. Reitz (Age 56)
Sr. VP for Legal Affairs

Ms. Norma Renteria
HR Director

Mr. Michael G. Jonagan (Age 61)
Sr. VP

Mr. Nestor Taura
Sr. VP of Commercial Devel.

Mr. Richard C. Kreul (Age 66)
Pres of MoGas, LLC & MoWood, LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CORR Stock - Frequently Asked Questions

How have CORR shares performed in 2022?: CorEnergy Infrastructure Trust's stock was trading at $3.13 at the beginning of the year. Since then, CORR stock has decreased by 49.2% and is now trading at $1.59.
View the best growth stocks for 2022 here.
When is CorEnergy Infrastructure Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our CORR earnings forecast.
How were CorEnergy Infrastructure Trust's earnings last quarter?: CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) announced its quarterly earnings data on Tuesday, November, 9th. The asset manager reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.08. CorEnergy Infrastructure Trust had a net margin of 2.82% and a trailing twelve-month return on equity of 2.86%. During the same quarter in the previous year, the firm earned ($0.21) earnings per share.
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 Friday, August 5th. Stockholders of record on Wednesday, August 17th will be paid a dividend of $0.05 per share on Wednesday, August 31st. This represents a $0.20 annualized dividend and a yield of 12.58%. The ex-dividend date is Tuesday, August 16th.
Read our dividend analysis for CORR.
Is CorEnergy Infrastructure Trust a good dividend stock?: CorEnergy Infrastructure Trust (NYSE:CORR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 11.49%. CORR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CORR.

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 AGNC Investment (AGNC), New Residential Investment (NRZ), Energy Transfer (ET), Ares Capital (ARCC), Ladder Capital (LADR), Golar LNG Partners (GMLP), Iron Mountain (IRM), Annaly Capital Management (NLY), Omega Healthcare Investors (OHI) and Starwood Property Trust (STWD).
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 do I buy shares of CorEnergy Infrastructure Trust?: Shares of CORR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is CorEnergy Infrastructure Trust's stock price today?: One share of CORR stock can currently be purchased for approximately $1.59.
How much money does CorEnergy Infrastructure Trust make?: CorEnergy Infrastructure Trust (NYSE:CORR) has a market capitalization of $23.95 million and generates $128.13 million in revenue each year. The asset manager earns $-11,530,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis.
How many employees does CorEnergy Infrastructure Trust have?: The company employs 155 workers across the globe.
How can I contact CorEnergy Infrastructure Trust?: CorEnergy Infrastructure Trust's mailing address is 1100 WALNUT SUITE 3350, KANSAS CITY MO, 64106. The official website for the company is corenergy.reit. The asset manager can be reached via phone at (816) 875-3705, via email at info@corenergy.reit, or via fax at 913-387-2791.

This page (NYSE:CORR) was last updated on 10/2/2022 by MarketBeat.com Staff

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CorEnergy Infrastructure Trust - CORR Stock Forecast, Price & News

CorEnergy Infrastructure Trust MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CorEnergy Infrastructure Trust (NYSE:CORR) Stock

CORR Stock News Headlines

CORR Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CORR Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™