About Tortoise Energy Infrastructure Corp.
Tortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary objective is to seek a high level of total return with an emphasis on current distributions. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products. The Fund's portfolio includes its investments in various sectors, such as crude oil pipelines, natural gas/NGL pipelines, natural gas gathering/processing, refined product pipelines, and oil and gas production. The Fund's assets include its investments in MLPs, preferred convertible and short-term investments. Tortoise Capital Advisors, L.L.C. is the Fund's investment advisor.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Equity
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: TYG
- CUSIP:
Key Metrics:
- Previous Close: $30.90
- 50 Day Moving Average: $30.87
- 200 Day Moving Average: $29.03
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 11.45
- P/E Growth: 4.94
- Market Cap: $N/A
- Beta: 1.2
Additional Links:
Companies Related to Tortoise Energy Infrastructure Corp.:
Consensus Ratings for Tortoise Energy Infrastructure Corp. (NYSE:TYG) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $33.00 (7.95% upside) |
Analysts' Ratings History for Tortoise Energy Infrastructure Corp. (NYSE:TYG)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 7/28/2016 | Stifel Nicolaus | Boost Price Target | Buy | $30.00 -> $33.00 |  |
| 2/17/2016 | Bank of America Corp. | Downgrade | Buy -> Neutral | | |
(Data available from 9/25/2014 forward)
Earnings History for Tortoise Energy Infrastructure Corp. (NYSE:TYG)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Tortoise Energy Infrastructure Corp. (NYSE:TYG)Current Year EPS Consensus Estimate: $2.62 EPS
Next Year EPS Consensus Estimate: $2.67 EPS
Current Dividend Information for Tortoise Energy Infrastructure Corp. (NYSE:TYG)| Annual Dividend: | $3.28 |
| Dividend Yield: | 10.73% |
| Dividend Growth: | 4.90% (3 Year Average) |
| Payout Ratio: | 125.19% (Based on Current Year Consensus EPS Estimate)
122.85% (Based on Next Year Consensus EPS Estimate)
|
Dividend History for Tortoise Energy Infrastructure Corp. (NYSE:TYG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/9/2016 | quarterly | $0.66 | 8.28% | 8/22/2016 | 8/24/2016 | 8/31/2016 |
| 5/11/2016 | quarterly | $0.66 | 9.08% | 5/20/2016 | 5/24/2016 | 5/31/2016 |
| 2/10/2016 | quarterly | $0.66 | 13.02% | 2/18/2016 | 2/22/2016 | 2/29/2016 |
| 11/10/2015 | quarterly | $0.66 | 9.01% | 11/19/2015 | 11/23/2015 | 11/30/2015 |
| 8/14/2015 | quarterly | $0.65 | 7.39% | 8/20/2015 | 8/24/2015 | 8/31/2015 |
| 5/12/2015 | quarterly | $0.65 | 5.99% | 5/20/2015 | 5/22/2015 | 5/29/2015 |
| 2/10/2015 | quarterly | $0.64 | 5.78% | 2/18/2015 | 2/20/2015 | 2/27/2015 |
| 11/11/2014 | quarterly | $0.62 | 5.22% | 11/19/2014 | 11/21/2014 | 11/28/2014 |
| 8/11/2014 | quarterly | $0.61 | 5.15% | 8/20/2014 | 8/22/2014 | 8/29/2014 |
| 5/13/2014 | quarterly | $0.58 | 4.73% | 5/20/2014 | 5/22/2014 | 5/30/2014 |
| 2/11/2014 | quarterly | $0.58 | 5.28% | 2/19/2014 | 2/21/2014 | 2/28/2014 |
| 11/12/2013 | quarterly | $0.58 | 4.94% | 11/20/2013 | 11/22/2013 | 11/29/2013 |
| 8/9/2013 | quarterly | $0.57 | 5.1% | 8/21/2013 | 8/23/2013 | 9/3/2013 |
| 5/7/2013 | quarterly | $0.57 | 5.08% | 5/21/2013 | 5/23/2013 | 6/3/2013 |
| 2/12/2013 | quarterly | $0.57 | 5.21% | 2/19/2013 | 2/21/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Tortoise Energy Infrastructure Corp. (NYSE:TYG)Insider Ownership Percentage: 0.32%
Institutional Ownership Percentage: 29.22%
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/5/2016 | H Kevin Birzer | Insider | Buy | 100 | $30.01 | $3,001.00 | |
| 4/4/2016 | H Kevin Birzer | Insider | Buy | 100 | $23.75 | $2,375.00 | |
| 3/7/2016 | Nicholas Scott Holmes | VP | Buy | 750 | $26.60 | $19,950.00 | |
| 12/17/2015 | Conrad S Ciccotello | Director | Buy | 100 | $23.34 | $2,334.00 | |
| 12/10/2015 | Matthew Sallee | President | Buy | 100 | $24.14 | $2,414.00 | |
| 12/10/2015 | Rand C Berney | Director | Buy | 1,054 | $24.25 | $25,559.50 | |
| 12/3/2015 | Terry Matlack | Director | Buy | 2,000 | $25.15 | $50,300.00 | |
| 12/2/2015 | Matthew Sallee | President | Buy | 400 | $25.42 | $10,168.00 | |
| 9/28/2015 | H Kevin Birzer | Director | Buy | 100 | $29.51 | $2,951.00 | |
| 8/25/2015 | Terry Matlack | Director | Buy | 1,500 | $32.40 | $48,600.00 | |
| 2/27/2015 | Terry Matlack | CEO | Buy | 1,200 | $43.75 | $52,500.00 | |
| 1/27/2015 | H Kevin Birzer | Director | Buy | 100 | $43.49 | $4,349.00 | |
| 12/17/2014 | Mutual Life Insu Massachusetts | Major Shareholder | Buy | 2,000,000 | $10.00 | $20,000,000.00 | |
| 10/9/2014 | Holding Ltd Athene | Major Shareholder | Buy | 760,000 | $10.00 | $7,600,000.00 | |
(Data available from 1/1/2013 forward)
Latest Headlines for Tortoise Energy Infrastructure Corp. (NYSE:TYG)| Date | Headline |
|---|
 | Tortoise Energy Infrastructure C (NYSE:TYG) Short Interest Decreased By 5.63% - Post News (NYSE:TYG)
www.kentuckypostnews.com - September 25 at 8:36 AM |
 | Uptrend Call Working As Tortoise Energy Infrastructure Stock Rises 22.5% (TYG) (NYSE:TYG)
www.mysmartrend.com - September 10 at 6:54 PM |
 | Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet ... (NYSE:TYG)
finance.yahoo.com - September 2 at 9:40 AM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information & Asset Coverage Ratio Update as of Aug. 31... (NYSE:TYG)
ih.advfn.com - September 2 at 9:40 AM |
| Tortoise Energy Infrastructure Has Returned 23.4% Since SmarTrend Recommendation (TYG) (NYSE:TYG)
www.mysmartrend.com - August 29 at 7:52 PM |
 | TORTOISE ENERGY INFRASTRUCTURE CORP. : ex-dividend day (NYSE:TYG)
www.4-traders.com - August 21 at 6:57 PM |
| Tortoise Energy Infrastructure Up 29.2% Since SmarTrend Uptrend Call (TYG) (NYSE:TYG)
www.mysmartrend.com - August 20 at 11:54 AM |
| Uptrend Call Working As Tortoise Energy Infrastructure Stock Rises 22.7% (TYG) (NYSE:TYG)
www.mysmartrend.com - August 12 at 11:14 AM |
 | Tortoise Energy Infrastructure Corp. Provides... (NYSE:TYG)
www.benzinga.com - August 2 at 8:52 AM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of July 31, 2016 (NYSE:TYG)
finance.yahoo.com - August 1 at 7:46 PM |
| Energy Yields: MLPs and Infrastructure (NYSE:TYG)
www.moneyshow.com - July 14 at 11:38 AM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June 30, 2016 (NYSE:TYG)
finance.yahoo.com - July 1 at 4:44 PM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of May 31, 2016 (NYSE:TYG)
finance.yahoo.com - June 1 at 6:19 PM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of April 30, 2016 (NYSE:TYG)
finance.yahoo.com - May 2 at 5:48 PM |
 | 4 Closed-End Funds Trading at a Discount (NYSE:TYG)
www.thestreet.com - April 22 at 11:16 AM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of March 31, 2016 (NYSE:TYG)
finance.yahoo.com - April 1 at 6:10 PM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Feb. 29, 2016 (NYSE:TYG)
finance.yahoo.com - March 1 at 5:41 PM |
| 4:53 pm Tortoise Energy Infrastructure to redeem Series B mandatory redeemable preferred shares (NYSE:TYG)
finance.yahoo.com - February 12 at 4:53 PM |
| Tortoise Energy Infrastructure Corp. Announces Intention to Redeem Series B Mandatory Redeemable Preferred Shares (NYSE:TYG)
finance.yahoo.com - February 12 at 4:47 PM |
| Tortoise Energy Infrastructure Corp. Announces Upcoming Distribution (NYSE:TYG)
finance.yahoo.com - February 9 at 4:55 PM |
| Tortoise Energy Infrastructure downgraded by Stifel (NYSE:TYG)
finance.yahoo.com - February 9 at 7:06 AM |
 | Fiduciary Trust Company Decreased Stake in Tortoise Energy Infrastructure Corp (NYSE:TYG) by $15.92 Million as ... - WallStreet.org (NYSE:TYG)
www.wallstreet.org - February 4 at 2:01 PM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Jan. 31, 2016 (NYSE:TYG)
finance.yahoo.com - February 1 at 6:11 PM |
 | Tortoise Capital Advisors Announces 2015 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report (NYSE:TYG)
www.noodls.com - January 20 at 7:25 PM |
| TORTOISE ENERGY INFRASTRUCTURE CORP Financials (NYSE:TYG)
finance.yahoo.com - January 13 at 1:04 PM |
| Tortoise Capital Advisors Announces Managing Director Promotion (NYSE:TYG)
finance.yahoo.com - January 5 at 10:37 AM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Dec. 31, 2015 (NYSE:TYG)
finance.yahoo.com - January 4 at 6:01 PM |
| Tortoise Energy Infrastructure Corp. Announces Intention to Redeem Series C Mandatory Redeemable Preferred Shares (NYSE:TYG)
www.noodls.com - December 22 at 4:43 PM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Nov. 30, 2015 (NYSE:TYG)
finance.yahoo.com - December 1 at 5:41 PM |
| Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Oct. 31, 2015 (NYSE:TYG)
finance.yahoo.com - November 2 at 6:44 PM |
| Tortoise Capital Advisors, L.L.C. Announces Release of Third Quarter 2015 Reports for Closed-End Funds (TYG, NTG, TTP, NDP, TPZ) (NYSE:TYG)
www.noodls.com - October 23 at 5:30 PM |
Tortoise Energy Infrastructure Corp. (NYSE:TYG) Chart for Sunday, September, 25, 2016
