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 1.2% of US stocks.
Over the past twelve months, CORR has reported earnings growth of -670.73%, putting it ahead of only 2.69% of US stocks in our set.
In terms of volatility of its share price, CORR is more volatile than 98.1% of stocks we're observing.
Stocks that are quantitatively similar to CORR, based on their financial statements, market capitalization, and price volatility, are GTE, CPG, SM, PDCE, and AXAS.
CORR's SEC filings can be seen here. And to visit CorEnergy Infrastructure Trust Inc's official web site, go to corenergy.reit.
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:
We started the process of determining a valid price forecast for CorEnergy Infrastructure Trust Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that CorEnergy Infrastructure Trust Inc ranked in the 78th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 454.83%. As for the metrics that stood out in our discounted cash flow analysis of CorEnergy Infrastructure Trust Inc, consider:
The company's debt burden, as measured by earnings divided by interest payments, is -25.72; that's higher than only 1.66% of US stocks in the Real Estate sector that have positive free cash flow.
39% of the company's capital comes from equity, which is greater than merely 18.43% of stocks in our cash flow based forecasting set.
CorEnergy Infrastructure Trust Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 24.24% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GEO, DEI, HIW, WHLR, and VNO can be thought of as valuation peers to CORR, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
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).