About Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Corning Natural Gas Corporation is a natural gas utility. The Company distributes natural gas through its distribution and transmission network to residential, commercial, industrial and municipal customers in the Corning, Hammondsport and Virgil, New York, areas and to two other gas utilities which service the Elmira and Bath, New York, areas. It is franchised supply gas service in all of the political subdivisions in which it operates. It completed a new pipeline to Marcellus Shale gas in Pennsylvania in 2009. The Company has contracted with various sources to provide natural gas to its distribution system. It contracts for pipeline capacity, as well as storage capacity of approximately 736,000 dekatherms (Dth). It has a contract with Atmos Energy Marketing, LLC to manage its transportation and storage assets. The Company's customers include Corning Incorporated, New York State Electric & Gas, Bath Electric, Gas & Water Systems and Talisman Energy USA Incorporated.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Gas Utilities
- Sub-Industry: N/A
- Symbol: OTCMKTS:CNIG
- CUSIP: N/A
- Web: www.corninggas.com
- Market Cap: $55.06 million
- Outstanding Shares: 2,992,000
- 50 Day Moving Avg: $18.55
- 200 Day Moving Avg: $19.46
- 52 Week Range: $17.87 - $24.00
Sales & Book Value:
- Trailing P/E Ratio: 20.58
- P/E Growth: 0.00
- Annual Revenue: $28.07 million
- Price / Sales: 1.96
- Book Value: $11.02 per share
- Price / Book: 1.67
- Annual Dividend: $0.54
- Dividend Yield: 2.9%
- EBITDA: $6.67 million
- Net Margins: 10.48%
- Return on Equity: 9.06%
- Return on Assets: 2.80%
- Debt-to-Equity Ratio: 0.96%
- Current Ratio: 0.59%
- Quick Ratio: 0.45%
- Average Volume: 486 shs.
- Beta: 0.53
Frequently Asked Questions for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
What is Corning Natural Gas Holding Corp.'s stock symbol?
Corning Natural Gas Holding Corp. trades on the OTCMKTS under the ticker symbol "CNIG."
How often does Corning Natural Gas Holding Corp. pay dividends? What is the dividend yield for Corning Natural Gas Holding Corp.?
Corning Natural Gas Holding Corp. declared a quarterly dividend on Friday, September 15th. Investors of record on Saturday, September 30th will be paid a dividend of $0.135 per share on Monday, October 16th. This represents a $0.54 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Thursday, September 28th. View Corning Natural Gas Holding Corp.'s Dividend History.
When will Corning Natural Gas Holding Corp. make its next earnings announcement?
Who are some of Corning Natural Gas Holding Corp.'s key competitors?
Some companies that are related to Corning Natural Gas Holding Corp. include Sky Solar Holdings (SKYS), OPG Power Ventures Plc. (OPG), Fulcrum Utility Services Ltd (FCRM), Etrion SA (ETX), US Geothermal (HTM), Polar Power (POLA), Wentworth Resources Ltd (WRL), Mytrah Energy Ltd (MYT), Good Energy Group Plc (GOOD), Premier Holdings Corp (PRHL), A2A SpA (A2A), AGL Energy Ltd (AGL), APA Group (APA), Apr Energy PLC (APR), AusNet Services (AST), Cleco Corporate Holdings LLC (CNL), Constellation Energy Group (CEG) and El Paso Pipeline Partners, L.P. (EPB).
How do I buy Corning Natural Gas Holding Corp. stock?
Shares of Corning Natural Gas Holding Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Corning Natural Gas Holding Corp.'s stock price today?
MarketBeat Community Rating for Corning Natural Gas Holding Corp. (OTCMKTS CNIG)MarketBeat's community ratings are surveys of what our community members think about Corning Natural Gas Holding Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Corning Natural Gas Holding Corp. stock can currently be purchased for approximately $18.40.
Consensus Ratings for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|Consensus Price Target History for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Analysts' Ratings History for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
|Most Recent Dividend:||10/16/2017|
|Payout Ratio:||63.04% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Corning Natural Gas Holding Corp. (OTCMKTS CNIG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Insider Ownership Percentage: 30.48%Insider Trades by Quarter for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Institutional Ownership Percentage: 4.07%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/21/2016||Ted W Gibson||Director||Sell||272||$16.05||$4,365.60|| |
|6/16/2015||Firouzeh Sarhangi||CFO||Sell||3,000||$20.00||$60,000.00|| |
|8/25/2014||William Mirabito||Director||Buy||4,770||$18.75||$89,437.50|| |
|8/19/2014||Firouzeh Sarhangi||CFO||Sell||2,000||$20.00||$40,000.00|| |
|7/8/2014||Stanley G Sleve||VP||Buy||1,200||$19.00||$22,800.00|| |
|9/16/2013||Joseph P Mirabito||Director||Buy||1,000||$16.92||$16,920.00|| |
Headline Trends for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Latest Headlines for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
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Corning Natural Gas Holding Corp. (CNIG) Chart for Saturday, October, 21, 2017