NYSE:CORRCorenergy Infrastructure Trust Stock Price, Forecast & News

Corenergy Infrastructure Trust's stock was trading at $25.33 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CORR shares have decreased by 66.6% and is now trading at $8.45. 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, July 29th 2020. View our earnings forecast for Corenergy Infrastructure Trust.

Corenergy Infrastructure Trust Inc (NYSE:CORR) issued its earnings results on Wednesday, July, 31st. The asset manager reported $0.59 EPS 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.

Corenergy Infrastructure Trust announced a quarterly dividend on Tuesday, April 28th. Stockholders 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 dividend yield of 2.37%. The ex-dividend date is Thursday, May 14th. View Corenergy Infrastructure Trust's dividend history.

2 brokerages have issued 12 month price targets for Corenergy Infrastructure Trust's stock. Their forecasts range from $8.00 to $15.00. On average, they anticipate Corenergy Infrastructure Trust's stock price to reach $11.50 in the next year. This suggests a possible upside of 36.1% from the stock's current price. View analysts' price targets for Corenergy Infrastructure Trust.

News headlines about CORR stock have been trending somewhat negative on Friday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media 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 positive five, with scores nearest to five being the most favorable. Corenergy Infrastructure Trust earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Corenergy Infrastructure Trust.

Some companies that are related to Corenergy Infrastructure Trust include Urstadt Biddle Properties (UBA), Ready Capital (RC), Catchmark Timber Trust (CTT), Urstadt Biddle Properties (UBP), Granite Point Mortgage Trust (GPMT), One Liberty Properties (OLP), Preferred Apartment Communities (APTS), Gladstone Land (LAND), Jernigan Capital (JCAP), Dynex Capital (DX), Whitestone REIT (WSR), Orchid Island Capital (ORC), Ares Commercial Real Estate (ACRE), New Senior Investment Group (SNR) and Chatham Lodging Trust (CLDT). 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."

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 $8.45.

Corenergy Infrastructure Trust has a market capitalization of $115.36 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]