Corning Natural Gas Holding Corp. Company Profile (OTCMKTS:CNIG)

About Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)

Corning Natural Gas Holding Corp. logoCorning 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
Capitalization:
  • Market Cap: $55.06 million
  • Outstanding Shares: 2,992,000
Average Prices:
  • 50 Day Moving Avg: $18.55
  • 200 Day Moving Avg: $19.46
  • 52 Week Range: $17.87 - $24.00
P/E:
  • Trailing P/E Ratio: 20.58
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $28.07 million
  • Price / Sales: 1.96
  • Book Value: $11.02 per share
  • Price / Book: 1.67
Dividend:
  • Annual Dividend: $0.54
  • Dividend Yield: 2.9%
Profitability:
  • EBITDA: $6.67 million
  • Net Margins: 10.48%
  • Return on Equity: 9.06%
  • Return on Assets: 2.80%
Debt:
  • Debt-to-Equity Ratio: 0.96%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.45%
Misc:
  • 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?

Corning Natural Gas Holding Corp. is scheduled to release their next quarterly earnings announcement on Thursday, January, 4th 2018. View Earnings Estimates for Corning Natural Gas Holding Corp..

Who are some of Corning Natural Gas Holding Corp.'s key competitors?

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?

One share of Corning Natural Gas Holding Corp. stock can currently be purchased for approximately $18.40.


MarketBeat Community Rating for Corning Natural Gas Holding Corp. (OTCMKTS CNIG)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  13 (Vote Outperform)
Underperform Votes:  12 (Vote Underperform)
Total Votes:  25
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.

Analyst Ratings

Consensus Ratings for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG) (How are Consensus Ratings Calculated?)
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)
Price Target History for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Analysts' Ratings History for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Most Recent Dividend:10/16/2017
Annual Dividend:$0.54
Dividend Yield:2.93%
Payout Ratio:63.04% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)

Dividend History by Quarter for Corning Natural Gas Holding Corp. (OTCMKTS CNIG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017Quarterly$0.149/28/20179/30/201710/16/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Insider Ownership Percentage: 30.48%
Institutional Ownership Percentage: 4.07%
Insider Trades by Quarter for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Insider Trades by Quarter for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/21/2016Ted W GibsonDirectorSell272$16.05$4,365.60View 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

Headline Trends for Corning Natural Gas Holding Corp. (OTCMKTS:CNIG)
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Chart

Corning Natural Gas Holding Corp. (CNIG) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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