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. Since then, CORR shares have decreased by 59.1% and is now trading at $10.35. 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, June 3rd 2020. View our earnings forecast for Corenergy Infrastructure Trust.

Corenergy Infrastructure Trust Inc (NYSE:CORR) posted its quarterly earnings data on Wednesday, July, 31st. The asset manager reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks' 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 4.75% and a return on equity of 1.16%. View Corenergy Infrastructure Trust's earnings history.

Corenergy Infrastructure Trust announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.05 per share on Friday, May 29th. This represents a $0.20 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend is Thursday, May 14th. View Corenergy Infrastructure Trust's dividend history.

2 Wall Street analysts have issued 1 year price targets for Corenergy Infrastructure Trust's stock. Their forecasts range from $15.00 to $15.00. On average, they anticipate Corenergy Infrastructure Trust's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 44.9% from the stock's current price. View analysts' price targets for Corenergy Infrastructure Trust.

Media stories about CORR stock have trended somewhat positive on Wednesday, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Corenergy Infrastructure Trust earned a news impact score of 2.0 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCorenergy Infrastructure Trust.

Some companies that are related to Corenergy Infrastructure Trust include ARMOUR Residential REIT (ARR), UMH PROPERTIES/SH SH (UMH), RPT Realty (RPT), Global Medical REIT (GMRE), CAPSTEAD MTG CO/SH (CMO), Urstadt Biddle Properties (UBP), Invesco Mortgage Capital (IVR), City Office REIT (CIO), Catchmark Timber Trust (CTT), Ready Capital (RC), Preferred Apartment Communities (APTS), Gladstone Land (LAND), Chatham Lodging Trust (CLDT), One Liberty Properties (OLP) and Jernigan Capital (JCAP). 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."

Corenergy Infrastructure Trust's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.20%), Morgan Stanley (2.42%), Morgan Stanley (2.42%), APG Asset Management N.V. (2.42%), State Street Corp (1.93%) and Geode Capital Management LLC (1.39%). Company insiders that own Corenergy Infrastructure Trust stock include David J Schulte, Jeffrey E Fulmer and Rebecca M Sandring. View institutional ownership trends for Corenergy Infrastructure Trust.

CORR stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, Morgan Stanley, Robeco Institutional Asset Management B.V., Two Sigma Investments LP, Fuller & Thaler Asset Management Inc., Parametric Portfolio Associates LLC, and BlackRock Inc.. View insider buying and selling activity for Corenergy Infrastructure Trust.

CORR stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Mackay Shields LLC, Nuveen Asset Management LLC, Advisor Group Holdings Inc., APG Asset Management N.V., Capital Square LLC, Kayne Anderson Capital Advisors LP, and H&H Retirement Design & Management INC. Company insiders that have bought Corenergy Infrastructure Trust stock in the last two years include David J Schulte, Jeffrey E Fulmer, and Rebecca M Sandring. View insider buying and selling activity for 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.

One share of CORR stock can currently be purchased for approximately $10.35.

Corenergy Infrastructure Trust has a market capitalization of $141.28 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]