CORR's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.02 -- higher than only 0.62% of US-listed equities with positive expected earnings growth.
In terms of twelve month growth in earnings before interest and taxes, CorEnergy Infrastructure Trust Inc is reporting a growth rate of -1,217.12%; that's higher than only 1.63% of US stocks.
As for revenue growth, note that CORR's revenue has grown -68.82% over the past 12 months; that beats the revenue growth of merely 2.6% of US companies in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to CorEnergy Infrastructure Trust Inc are AXR, PE, KFFB, GTE, and PARR.
CorEnergy Infrastructure Trust, Inc. (CORR) Company Bio
CorEnergy is managed by Corridor InfraTrust Management LLC, a real property asset manager with a focus on U.S. energy infrastructure assets - primarily owns midstream and downstream assets that perform utility-like functions, such as pipelines, storage terminals, and transmission and distribution assets. The company was formed in 2014 and is based in Kansas City, Missouri.
CORR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CORR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that CorEnergy Infrastructure Trust Inc ranked in the 55th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 41.33%. In terms of the factors that were most noteworthy in this DCF analysis for CORR, they are:
CorEnergy Infrastructure Trust Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -25.6. This coverage rate is greater than that of merely 5.06% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 15. This value is greater than 91.11% stocks in the Real Estate sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CORR, try RVI, GLPI, IRET, EQR, and RLGY.
When we last covered CorEnergy Infrastructure Trust, Inc. (CORR), we highlighted the risks and rewards of owning the preferred shares (CORR.PA). We also suggested that investors would do well to hedge their long position in the preferred shares by shorting the common shares. This was a continuation of a strategy...
Trapping Value on Seeking Alpha | September 15, 2020
When we last covered CorEnergy Infrastructure Trust Inc. (CORR) we had a less than optimistic message for its shareholders. While the shares once had great potential and value, the destruction post COVID-19 and the oil price war had left us less sanguine on its prospects. We recommended that investors should...
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") today announced it closed the sale of the Pinedale Liquids Gathering System ("Pinedale LGS") back to Ultra Petroleum (UPL).