OTCMKTS:CNIG - Corning Natural Gas Stock Price, Price Target & More

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$17.60 0.00 (0.00 %)
(As of 05/27/2018 09:28 AM ET)
Previous Close$17.60
Today's Range$17.60 - $17.60
52-Week Range$17.30 - $24.00
Volume5 shs
Average Volume434 shs
Market Capitalization$53.03 million
P/E Ratio20.54
Dividend Yield3.18%
Beta0.47

About Corning Natural Gas (OTCMKTS:CNIG)

Corning Natural Gas Holding Corporation, through its subsidiaries, distributes natural gas and electricity. The company offers natural gas to approximately 15,000 customers through approximately 425 miles of distribution main and 86 regulating stations; and electricity to approximately 4,600 customers through approximately 160 miles of electric distribution wire and poles, and 21 miles of gas distribution pipe. It also transports and compresses gas for a gas producer from its gathering network into an interstate pipeline. The company serves residential, commercial, industrial, and municipal customers in the Corning, Hammondsport, and Virgil areas, as well as in Pike county; and distributes to two other gas utilities that serve the Elmira and Bath areas of New York. Corning Natural Gas Holding Corporation was founded in 1904 and is headquartered in Corning, New York.

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Industry, Sector and Symbol

Industry Gas transmission & distribution
Sub-IndustryN/A
SectorUtilities
SymbolOTCMKTS:CNIG
CUSIPN/A
Phone607-936-3755

Debt

Debt-to-Equity Ratio1.04
Current Ratio0.72
Quick Ratio0.61

Price-To-Earnings

Trailing P/E Ratio20.54
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$30.04 million
Price / Sales1.76
Cash Flow$1.7238 per share
Price / Cash10.21
Book Value$11.21 per share
Price / Book1.57

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$2.10 million
Net Margins7.09%
Return on Equity7.94%
Return on Assets2.43%

Miscellaneous

Employees65
Outstanding Shares3,010,000

Corning Natural Gas (OTCMKTS:CNIG) Frequently Asked Questions

What is Corning Natural Gas' stock symbol?

Corning Natural Gas trades on the OTCMKTS under the ticker symbol "CNIG."

How often does Corning Natural Gas pay dividends? What is the dividend yield for Corning Natural Gas?

Corning Natural Gas declared a quarterly dividend on Thursday, December 14th. Investors of record on Friday, December 29th will be paid a dividend of $0.135 per share on Tuesday, January 16th. This represents a $0.54 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend is Thursday, December 28th. View Corning Natural Gas' Dividend History.

When is Corning Natural Gas' next earnings date?

Corning Natural Gas is scheduled to release their next quarterly earnings announcement on Monday, May, 28th 2018. View Earnings Estimates for Corning Natural Gas.

Who are some of Corning Natural Gas' key competitors?

Who are Corning Natural Gas' key executives?

Corning Natural Gas' management team includes the folowing people:
  • Mr. Michael I. German, Pres, CEO & Director (Age 67)
  • Ms. Firouzeh Sarhangi, CFO, Principal Accounting Officer, Treasurer & Sec. (Age 59)
  • Mr. Matthew J. Cook, VP of Operations (Age 56)
  • Mr. Russell S. Miller, VP of Gas Supply and Marketing (Age 55)

Has Corning Natural Gas been receiving favorable news coverage?

Media coverage about CNIG stock has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Corning Natural Gas earned a media sentiment score of 0.16 on Accern's scale. They also assigned media stories about the utilities provider an impact score of 45.16 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

How do I buy shares of Corning Natural Gas?

Shares of CNIG 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 Corning Natural Gas' stock price today?

One share of CNIG stock can currently be purchased for approximately $17.60.

How big of a company is Corning Natural Gas?

Corning Natural Gas has a market capitalization of $53.03 million and generates $30.04 million in revenue each year. Corning Natural Gas employs 65 workers across the globe.

How can I contact Corning Natural Gas?

Corning Natural Gas' mailing address is 330 WEST WILLIAM STREET, CORNING NY, 14830. The utilities provider can be reached via phone at 607-936-3755 or via email at [email protected]


MarketBeat Community Rating for Corning Natural Gas (CNIG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  20 (Vote Outperform)
Underperform Votes:  22 (Vote Underperform)
Total Votes:  42
MarketBeat's community ratings are surveys of what our community members think about Corning Natural Gas and other stocks. Vote "Outperform" if you believe CNIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNIG will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Corning Natural Gas (OTCMKTS:CNIG) Analyst Ratings History

DateBrokerageActionRatingPrice TargetDetails
(Data available from 5/27/2016 forward)

Earnings

Corning Natural Gas (OTCMKTS:CNIG) Earnings History and Estimates Chart

Earnings by Quarter for Corning Natural Gas (OTCMKTS:CNIG)

Corning Natural Gas (OTCMKTS CNIG) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/28/2018        
2/14/2018Q1 2018$0.22$7.77 millionViewN/AView Earnings Details
8/14/2017Q3 2017$0.04$6.85 millionViewN/AView Earnings Details
5/15/2017Q2 2017$0.51$10.96 millionViewN/AView Earnings Details
2/14/2017Q1 2017$0.13$7.09 millionViewN/AView Earnings Details
12/29/2016Q4 2016$0.18$3.16 millionViewN/AView Earnings Details
8/15/2016Q3 2016$0.02$3.86 millionViewN/AView Earnings Details
5/16/2016Q2 2016$0.67$7.88 millionViewN/AView Earnings Details
2/12/2016Q1 2016$0.16$4.80 millionViewN/AView Earnings Details
2/4/2016Q4 2015($0.23)$2.55 millionViewN/AView Earnings Details
8/14/2015Q3 2015$0.06$4.42 millionViewN/AView Earnings Details
5/15/2015Q2 2015$0.58$9.66 millionViewN/AView Earnings Details
2/17/2015Q1 2015$0.19$5.87 millionViewN/AView Earnings Details
12/23/2014Q4 2014($0.25)$2.70 millionViewN/AView Earnings Details
8/13/2014Q3 2014$0.19$5.62 millionViewN/AView Earnings Details
5/15/2014Q2 2014$0.60$10.92 millionViewN/AView Earnings Details
2/13/2014Q1 2014$0.20$6.23 millionViewN/AView Earnings Details
8/12/2013Q3 2013$0.14$5.39 millionViewN/AView Earnings Details
5/14/2013Q2 2013$0.56$9.36 millionViewN/AView Earnings Details
8/7/2012Q3 2012$0.03ViewN/AView Earnings Details
12/28/2011Q4 2011($0.13)ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Corning Natural Gas (OTCMKTS:CNIG) Dividend Information

Corning Natural Gas pays an annual dividend of $0.56 per share, with a dividend yield of 3.18%. CNIG's most recent quarterly dividend payment was Tuesday, January 16.
Most Recent Dividend:1/16/2018
Annual Dividend:$0.56
Dividend Yield:3.18%
Payout Ratio(s):32.49% (Based on Cash Flow)
N/A
Dividend Payments by Quarter for Corning Natural Gas (OTCMKTS:CNIG)

Corning Natural Gas (OTCMKTS:CNIG) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/14/2017Quarterly$0.135012/28/201712/29/20171/16/2018
9/15/2017Quarterly$0.13509/28/20179/30/201710/16/2017
(Data available from 1/1/2013 forward)

Insider Trades

Corning Natural Gas (OTCMKTS CNIG) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 30.48%
Institutional Ownership Percentage: 4.23%
Insider Trading History for Corning Natural Gas (OTCMKTS:CNIG)

Corning Natural Gas (OTCMKTS CNIG) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/21/2016Ted W GibsonDirectorSell272$16.05$4,365.60107,394View SEC Filing  
6/16/2015Firouzeh SarhangiCFOSell3,000$20.00$60,000.00View SEC Filing  
8/25/2014William MirabitoDirectorBuy4,770$18.75$89,437.50View SEC Filing  
8/19/2014Firouzeh SarhangiCFOSell2,000$20.00$40,000.00View SEC Filing  
7/8/2014Stanley G SleveVPBuy1,200$19.00$22,800.00View SEC Filing  
9/16/2013Joseph P MirabitoDirectorBuy1,000$16.92$16,920.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Corning Natural Gas (OTCMKTS CNIG) News Headlines

Source:
DateHeadline
Corning Natural Gas (CNIG) Lowered to Hold at ValuEngineCorning Natural Gas (CNIG) Lowered to Hold at ValuEngine
www.americanbankingnews.com - April 20 at 1:54 PM
Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : December 29th, 2017 (record date) : By the numbers : December 29, 2017Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : December 29th, 2017 (record date) : By the numbers : December 29, 2017
finance.yahoo.com - December 29 at 5:42 PM
Corning Ntrl Gas H Announces Quarterly Dividend of $0.14 (CNIG)Corning Ntrl Gas H Announces Quarterly Dividend of $0.14 (CNIG)
www.americanbankingnews.com - December 23 at 9:38 PM
Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : September 30th, 2017 (record date) : By the numbers : October 12, 2017Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : September 30th, 2017 (record date) : By the numbers : October 12, 2017
finance.yahoo.com - October 12 at 6:10 PM
Corning Natural Gas Holding Corp. Declares Quarterly Dividend of $0.14 (CNIG)Corning Natural Gas Holding Corp. Declares Quarterly Dividend of $0.14 (CNIG)
www.americanbankingnews.com - September 23 at 2:32 PM
Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q3, 2017 By the Numbers : August 28, 2017Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q3, 2017 By the Numbers : August 28, 2017
finance.yahoo.com - August 28 at 5:14 PM
Corning Natural Gas Holding Corp. Earnings Q3, 2015Corning Natural Gas Holding Corp. Earnings Q3, 2015
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. Earnings Analysis: Q1, 2016 By the NumbersCorning Natural Gas Holding Corp. Earnings Analysis: Q1, 2016 By the Numbers
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q2, 2016 By the Numbers : May 26, 2016Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q2, 2016 By the Numbers : May 26, 2016
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q3, 2016 By the Numbers : August 19, 2016Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q3, 2016 By the Numbers : August 19, 2016
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. : Fairly valued, but don’t skip the other factorsCorning Natural Gas Holding Corp. : Fairly valued, but don’t skip the other factors
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 24, 2016Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 24, 2016
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. : Undervalued relative to peers, but don’t ignore the other factorsCorning Natural Gas Holding Corp. : Undervalued relative to peers, but don’t ignore the other factors
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: 2016 By the Numbers : January 24, 2017Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: 2016 By the Numbers : January 24, 2017
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : December 31st, 2016 (record date) : By the numbers : February 16, 2017Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : December 31st, 2016 (record date) : By the numbers : February 16, 2017
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q1, 2017 By the Numbers : March 9, 2017Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q1, 2017 By the Numbers : March 9, 2017
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017Corning Natural Gas Holding Corp. : CNIG-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp.: Strong price momentum but will it sustain?Corning Natural Gas Holding Corp.: Strong price momentum but will it sustain?
finance.yahoo.com - July 10 at 2:20 PM
Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q2, 2017 By the Numbers : June 21, 2017Corning Natural Gas Holding Corp. :CNIG-US: Earnings Analysis: Q2, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - July 10 at 2:20 PM

SEC Filings

Corning Natural Gas (OTCMKTS:CNIG) SEC Filings

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Social Media

Financials

Corning Natural Gas (OTCMKTS:CNIG) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Corning Natural Gas (OTCMKTS CNIG) Stock Chart for Sunday, May, 27, 2018

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This page was last updated on 5/27/2018 by MarketBeat.com Staff

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