Corenergy Infrastructure Trust Stock Price, News & Analysis (NYSE:CORR)

$47.13
+0.40 (+0.86 %)
(As of 09/23/2019 01:02 AM ET)
Today's Range
$46.56
Now: $47.13
$47.25
50-Day Range
$40.55
MA: $45.44
$48.48
52-Week Range
$32.52
Now: $47.13
$49.75
Volume182,991 shs
Average Volume91,629 shs
Market Capitalization$604.68 million
P/E Ratio12.74
Dividend Yield6.42%
Beta1.38
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 operators of our assets, primarily under triple-net participating leases.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$89.23 million
Cash Flow$5.9134 per share
Book Value$27.57 per share

Profitability

Net Income$43.71 million

Miscellaneous

Employees20
Market Cap$604.68 million
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

Receive CORR News and Ratings via Email

Sign-up to receive the latest news and ratings for CORR and its competitors with MarketBeat's FREE daily newsletter.


Corenergy Infrastructure Trust (NYSE:CORR) Frequently Asked Questions

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 often does Corenergy Infrastructure Trust pay dividends? What is the dividend yield for Corenergy Infrastructure Trust?

Corenergy Infrastructure Trust announced a quarterly dividend on Wednesday, July 24th. Stockholders of record on Friday, August 16th will be paid a dividend of $0.75 per share on Friday, August 30th. This represents a $3.00 annualized dividend and a dividend yield of 6.37%. The ex-dividend date is Thursday, August 15th. View Corenergy Infrastructure Trust's Dividend History.

How were Corenergy Infrastructure Trust's earnings last quarter?

Corenergy Infrastructure Trust Inc (NYSE:CORR) posted its earnings results on Wednesday, July, 31st. The asset manager reported $0.59 earnings per share (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 net margin of 47.22% and a return on equity of 12.42%. View Corenergy Infrastructure Trust's Earnings History.

When is Corenergy Infrastructure Trust's next earnings date?

Corenergy Infrastructure Trust is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Corenergy Infrastructure Trust.

What price target have analysts set for CORR?

1 brokerages have issued twelve-month price targets for Corenergy Infrastructure Trust's stock. Their predictions range from $3.71 to $3.71. On average, they anticipate Corenergy Infrastructure Trust's share price to reach $3.71 in the next year. This suggests that the stock has a possible downside of 92.1%. View Analyst Price Targets for Corenergy Infrastructure Trust.

What is the consensus analysts' recommendation for Corenergy Infrastructure Trust?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corenergy Infrastructure Trust in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Corenergy Infrastructure Trust.

Has Corenergy Infrastructure Trust been receiving favorable news coverage?

Media stories about CORR stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Corenergy Infrastructure Trust earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles 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 company's share price in the near term. View News Stories for Corenergy Infrastructure Trust.

Are investors shorting Corenergy Infrastructure Trust?

Corenergy Infrastructure Trust saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 821,200 shares, an increase of 7.4% from the July 15th total of 764,400 shares. Based on an average trading volume of 109,900 shares, the days-to-cover ratio is presently 7.5 days. Approximately 6.9% of the company's shares are sold short. View Corenergy Infrastructure Trust's Current Options Chain.

Who are some of Corenergy Infrastructure Trust's key competitors?

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 Ladder Capital (LADR), Omega Healthcare Investors (OHI), Blackstone Group (BX), Ares Capital (ARCC), Celgene (CELG), CVS Health (CVS), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Stag Industrial (STAG) and Activision Blizzard (ATVI).

Who are Corenergy Infrastructure Trust's key executives?

Corenergy Infrastructure Trust's management team includes the folowing people:
  • Mr. David John Schulte CFA, J.D., CEO, Pres & Chairman (Age 58)
  • Mr. Jeffrey L. Teeven, VP of Fin. (Age 48)
  • Ms. Rebecca M. Sandring, Exec. VP, Treasurer, Sec. & Chief Accounting Officer (Age 59)
  • Ms. Lesley Robertshaw Schorgl, Mang. of Investor Relations
  • Mr. Jeffrey Everett Fulmer, Exec. VP, Bus. Devel. (Age 58)

Who are Corenergy Infrastructure Trust's major shareholders?

Corenergy Infrastructure Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.53%), BlackRock Inc. (8.27%), Renaissance Technologies LLC (7.70%), LSV Asset Management (5.13%), Energy Income Partners LLC (3.05%) and Morgan Stanley (2.90%). Company insiders that own Corenergy Infrastructure Trust stock include David J Schulte, Jeffrey E Fulmer, Nate Poundstone and Rebecca M Sandring. View Institutional Ownership Trends for Corenergy Infrastructure Trust.

Which major investors are selling Corenergy Infrastructure Trust stock?

CORR stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Opus Capital Group LLC, Connor Clark & Lunn Investment Management Ltd., Morgan Stanley, LSV Asset Management, Russell Investments Group Ltd., Man Group plc and D.A. Davidson & CO.. View Insider Buying and Selling for Corenergy Infrastructure Trust.

Which major investors are buying Corenergy Infrastructure Trust stock?

CORR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Nuveen Asset Management LLC, Vanguard Group Inc., Swiss National Bank, APG Asset Management N.V., WINTON GROUP Ltd and Amundi Pioneer Asset Management Inc.. Company insiders that have bought Corenergy Infrastructure Trust stock in the last two years include David J Schulte, Jeffrey E Fulmer, Nate Poundstone and Rebecca M Sandring. View Insider Buying and Selling for Corenergy Infrastructure Trust.

How do I buy shares of 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.

What is Corenergy Infrastructure Trust's stock price today?

One share of CORR stock can currently be purchased for approximately $47.13.

How big of a company is Corenergy Infrastructure Trust?

Corenergy Infrastructure Trust has a market capitalization of $604.68 million and generates $89.23 million in revenue each year. The asset manager earns $43.71 million in net income (profit) each year or $3.70 on an earnings per share basis. Corenergy Infrastructure Trust employs 20 workers across the globe.View Additional Information About Corenergy Infrastructure Trust.

What is Corenergy Infrastructure Trust's official website?

The official website for Corenergy Infrastructure Trust is http://corenergy.reit/.

How can I contact Corenergy Infrastructure Trust?

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]


MarketBeat Community Rating for Corenergy Infrastructure Trust (NYSE CORR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  297 (Vote Underperform)
Total Votes:  529
MarketBeat's community ratings are surveys of what our community members think about Corenergy Infrastructure Trust 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 9/23/2019 by MarketBeat.com Staff

Featured Article: Equal Weight Rating

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel