U.S. Markets closed

CorEnergy Infrastructure Trust Inc (CORR) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

CorEnergy Infrastructure Trust Inc (CORR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. CorEnergy Infrastructure Trust Inc is engaged in acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. CorEnergy Infrastructure Trust Inc has a market cap of $435.680 million; its shares were traded at around $36.46 with a P/E ratio of 21.45 and P/S ratio of 5.21. The dividend yield of CorEnergy Infrastructure Trust Inc stocks is 8.24%.


For the last quarter CorEnergy Infrastructure Trust Inc reported a revenue of $16.6 million, compared with the revenue of $21.07 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $86.5 million, a decrease of 3% from the previous year. For the last five years CorEnergy Infrastructure Trust Inc had an average revenue growth rate of 23.2% a year.

The reported diluted earnings per share was $2.79 for the year, an increase of 34.8% from previous year. Over the last five years CorEnergy Infrastructure Trust Inc had an EPS growth rate of 27.1% a year. The profitability rank of the company is 1 (out of 10).

At the end of the fiscal year, CorEnergy Infrastructure Trust Inc has the cash and cash equivalents of $69.3 million, compared with $15.8 million in the previous year. The long term debt was $112.8 million, compared with $152.8 million in the previous year. CorEnergy Infrastructure Trust Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $36.46, CorEnergy Infrastructure Trust Inc is traded at close to its historical median P/S valuation band of $36.44. The P/S ratio of the stock is 5.21, while the historical median P/S ratio is 5.20. The stock gained 10.01% during the past 12 months.

For the complete 20-year historical financial data of CORR, click here.

This article first appeared on GuruFocus.