CorEnergy Infrastructure Trust, Inc. (CORR): Price and Financial Metrics
CORR Stock Summary
- With a one year PEG ratio of 0.03, CorEnergy Infrastructure Trust Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than merely 0.36% of US stocks.
- Over the past twelve months, CORR has reported earnings growth of -1,217.12%, putting it ahead of merely 1.42% of US stocks in our set.
- As for revenue growth, note that CORR's revenue has grown -68.82% over the past 12 months; that beats the revenue growth of only 2.73% of US companies in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to CorEnergy Infrastructure Trust Inc are GTE, CPE, ERF, OVV, and CPG.
- Visit CORR's SEC page to see the company's official filings. To visit the company's web site, go to corenergy.reit.
CORR Stock Price Chart Interactive Chart >
CORR Price/Volume Stats
| Current price | $7.68 | 52-week high | $39.03 |
| Prev. close | $7.69 | 52-week low | $3.56 |
| Day low | $7.47 | Volume | 244,187 |
| Day high | $7.80 | Avg. volume | 506,090 |
| 50-day MA | $7.91 | Dividend yield | 2.6% |
| 200-day MA | $8.01 | Market Cap | 104.84M |
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
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $7.68 | $8.63 | 12% |
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 56th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for CORR, they are:
- Interest coverage, a measure of earnings relative to interest payments, is -25.6 -- which is good for besting just 2.37% of its peer stocks (US stocks in the Real Estate sector with positive cash flow).
- 48% of the company's capital comes from equity, which is greater than only 16.73% of stocks in our cash flow based forecasting set.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 10% |
| 1% | 11% |
| 2% | 12% |
| 3% | 13% |
| 4% | 14% |
| 5% | 16% |
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CORR, try RVI, EQR, CHCI, CBRE, and FSV.
Latest CORR News From Around the Web
Below are the latest news stories about CorEnergy Infrastructure Trust Inc that investors may wish to consider to help them evaluate CORR as an investment opportunity.
CorEnergy Announces Acquisition of Crimson’s California Pipeline AssetsKANSAS CITY, Mo.--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. ("CorEnergy" or the "Company") today announced the acquisition (the “Transaction”) of Crimson Midstream Holdings, LLC (“Crimson”), a California Public Utilities Commission (CPUC) regulated crude oil pipeline owner and operator, for consideration valued at approximately $350 million. The acquired assets include four critical infrastructure pipeline systems spanning approximately 1,800 miles across northern, central and south |
CorEnergy Infrastructure Trust declares $0.05 dividendCorEnergy Infrastructure Trust (CORR) declares $0.05/share annual dividend, in line with previous.Forward yield 0.55%Payable Feb. 26; for shareholders of record Feb. 12; ex-div Feb. 11.See CORR Dividend Scorecard, Yield Chart, & Dividend Growth.... |
CorEnergy Declares Common and Preferred Dividends, Schedules Results Release for Fourth Quarter 2020KANSAS CITY, Mo.--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today that its Board of Directors declared a fourth quarter 2020 dividend of $0.05 per share for its common stock, consistent with the preceding quarter. The dividend is payable on February 26, 2021, to shareholders of record on February 12, 2021. The Board of Directors also declared a cash dividend of $0.4609375 per depositary share for the Company’s 7.375% Ser |
CorEnergy Announces Tax Characterization of 2020 DistributionsKANSAS CITY, Mo.--(BUSINESS WIRE)---- $CORR #dividend--CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") today announced the tax characterization of the 2020 distributions paid to stockholders. The following table summarizes, for income tax purposes, the nature of cash distributions paid by the Company during the year ended December 31, 2020. Common Shareholders Record Date Payable Date Total Distributions Per Share Total Ordinary Dividends Box 1a Qualified Dividends Box 1b |
3 Best REITs to Buy Right NowBecause we're here to help, below is a look at three real estate investment trusts (REITs) that could be best buys this month. With $103 billion in total assets and a market cap of about $11.5 billion, New York City-based Annaly Capital Management is one of the larger mortgage REITs (mREITs). |
CORR Price Returns
| 1-mo | -14.25% |
| 3-mo | 20.34% |
| 6-mo | 0.35% |
| 1-year | -79.26% |
| 3-year | -75.01% |
| 5-year | -25.43% |
| YTD | 12.79% |
| 2020 | -84.09% |
| 2019 | 45.16% |
| 2018 | -6.01% |
| 2017 | 19.09% |
| 2016 | 170.81% |
CORR Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching CORR
Want to see what other sources are saying about CorEnergy Infrastructure Trust Inc's financials and stock price? Try the links below:CorEnergy Infrastructure Trust Inc (CORR) Stock Price | Nasdaq
CorEnergy Infrastructure Trust Inc (CORR) Stock Quote, History and News - Yahoo Finance
CorEnergy Infrastructure Trust Inc (CORR) Stock Price and Basic Information | MarketWatch
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