NYSE:CORR - Tortoise Capital Resources Stock Price, Price Target & More

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$37.41 +0.26 (+0.70 %)
(As of 06/24/2018 08:56 AM ET)
Previous Close$37.41
Today's Range$37.17 - $37.76
52-Week Range$31.50 - $39.42
Volume126,480 shs
Average Volume67,881 shs
Market Capitalization$442.67 million
P/E Ratio9.70
Dividend Yield8.08%
Beta1.88
Tortoise Capital Resources logoCorEnergy 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.47
Current Ratio3.50
Quick Ratio3.50

Price-To-Earnings

Trailing P/E Ratio9.70
Forward P/E Ratio9.92
P/E Growth1.97

Sales & Book Value

Annual Sales$88.75 million
Price / Sales5.02
Cash Flow$4.9289 per share
Price / Cash7.59
Book Value$27.86 per share
Price / Book1.34

Profitability

EPS (Most Recent Fiscal Year)$3.81
Net Income$32.60 million
Net Margins37.00%
Return on Equity9.34%
Return on Assets5.06%

Miscellaneous

Employees3
Outstanding Shares11,920,000

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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 declared a quarterly dividend on Wednesday, April 25th. Shareholders of record on Thursday, May 17th will be given a dividend of $0.75 per share on Thursday, May 31st. This represents a $3.00 annualized dividend and a yield of 8.02%. The ex-dividend date is Wednesday, May 16th. View Tortoise Capital Resources' Dividend History.

How were Tortoise Capital Resources' earnings last quarter?

Tortoise Capital Resources Co. (NYSE:CORR) issued its quarterly earnings results on Tuesday, May, 1st. The asset manager reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.05. The asset manager had revenue of $21.55 million for the quarter, compared to analyst estimates of $22.61 million. Tortoise Capital Resources had a net margin of 37.00% and a return on equity of 9.34%. View Tortoise Capital Resources' Earnings History.

When is Tortoise Capital Resources' next earnings date?

Tortoise Capital Resources is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Tortoise Capital Resources.

What price target have analysts set for CORR?

2 brokers have issued 12 month target prices for Tortoise Capital Resources' shares. Their predictions range from $35.00 to $39.00. On average, they anticipate Tortoise Capital Resources' stock price to reach $37.00 in the next year. View Analyst Ratings for Tortoise Capital Resources.

Who are some of Tortoise Capital Resources' key competitors?

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. Jeffrey L. Teeven, VP of Fin. (Age 47)
  • Mr. Nathan L. Poundstone, Sr. VP & Chief Accounting Officer (Age 43)
  • Ms. Lesley Schorgl, Mang. of Investor Relations

Has Tortoise Capital Resources been receiving favorable news coverage?

Media stories about CORR stock have trended somewhat negative on Sunday, Accern reports. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tortoise Capital Resources earned a coverage optimism score of -0.02 on Accern's scale. They also gave news headlines about the asset manager an impact score of 44.81 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Tortoise Capital Resources' major shareholders?

Tortoise Capital Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Northern Trust Corp (1.87%), Prudential Financial Inc. (1.77%), PNC Financial Services Group Inc. (1.73%), Punch & Associates Investment Management Inc. (0.87%), D.A. Davidson & CO. (0.79%) and Opus Capital Group LLC (0.56%). Company insiders that own Tortoise Capital Resources stock include David J Schulte, Nate Poundstone and Rebecca M Sandring. View Institutional Ownership Trends for Tortoise Capital Resources.

Which major investors are selling Tortoise Capital Resources stock?

CORR stock was sold by a variety of institutional investors in the last quarter, including Punch & Associates Investment Management Inc., Opus Capital Group LLC, Alpha Cubed Investments LLC, Northern Trust Corp, California Public Employees Retirement System and Guggenheim Capital LLC. View Insider Buying and Selling for Tortoise Capital Resources.

Which major investors are buying Tortoise Capital Resources stock?

CORR stock was purchased by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., Millennium Management LLC, Prudential Financial Inc., Element Capital Management LLC, D.A. Davidson & CO., Susquehanna Fundamental Investments LLC, Barclays PLC and Commonwealth Equity Services LLC. Company insiders that have bought Tortoise Capital Resources stock in the last two years include David J Schulte, Nate Poundstone and Rebecca M Sandring. View Insider Buying and Selling for Tortoise Capital Resources.

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 $37.41.

How big of a company is Tortoise Capital Resources?

Tortoise Capital Resources has a market capitalization of $442.67 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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  374
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.
This page was last updated on 6/24/2018 by MarketBeat.com Staff

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