|Bid||39.58 x 1000|
|Ask||39.57 x 800|
|Day's Range||39.39 - 39.78|
|52 Week Range||32.52 - 40.96|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||15.74|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||3.00 (7.94%)|
|1y Target Est||39.67|
CorEnergy (CORR) delivered FFO and revenue surprises of 4.35% and 3.49%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The real estate investment trust, based in Kansas City, Missouri, said it had funds from operations of $13 million, or 96 cents per share, in the period. Funds from operations is a closely watched measure ...
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today that its Board of Directors declared a first quarter 2019 dividend of $0.75 per share (or $3.00 per share annualized) for its common stock. The dividend is payable on May 31, 2019, to shareholders of record on May 17, 2019. The Board of Directors also declared a cash dividend of $0.4609375 per depositary share for the Company’s 7.375% Series A Cumulative Redeemable Preferred Stock.
CorEnergy Infrastructure Trust, Inc. (“CorEnergy” or the “Company”) announced today that David Schulte, CorEnergy’s Chairman, Chief Executive Officer and President, will present at the Independent Petroleum Association of America's Oil & Gas Investor Symposium ("OGIS") at approximately 1:35 p.m. Eastern Daylight Time on Monday, April 8, 2019. CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
CorEnergy, a midstream dividend-paying stock, is unusual in that it's structured as a REIT. I didn't expect it to hold up as well as it has.
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in fourth quarter, blaming macroeconomic conditions and unpredictable events that hit several sectors, with technology among them. Nevertheless, most investors decided to stick to their bullish theses and their long-term focus allows us to profit from the recent […]
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But when you pick a company thatRead More...
CorEnergy Infrastructure Trust Inc is engaged in acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. The dividend yield of CorEnergy Infrastructure Trust Inc stocks is 8.24%. Warning! GuruFocus has detected 6 Warning Signs with CORR.
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today its 2019 Annual Meeting will be held on Wednesday, May 22, 2019 at 10:00 a.m. Central Time. The meeting will be held at 1100 Walnut Street, Kansas City, Missouri on the fourth floor, in the Emerald Room. The Board of Directors established March 22, 2019 as the record date for determining the stockholders entitled to vote at the Annual Meeting.
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today that it will report earnings results for its fiscal year 2018, ended December 31, 2018, on February 27, 2019. CorEnergy will host a conference call on Thursday, February 28, 2019, at 1:00 p.m. Central Time to discuss its financial results.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! It is not uncommon to see companiesRead More...
CorEnergy Infrastructure Trust, Inc. (“CorEnergy” or the “Company”), today announced the promotion of three executives, expanding upon the previously announced transition of the role of Chairman of the Board of the Company. Leadership responsibilities also evolved in CorEnergy’s external manager, Corridor InfraTrust Management, LLC (“Corridor”). Rebecca Sandring has taken on broader responsibilities as Executive Vice President of CorEnergy, with oversight of leasing structures, operational finance and portfolio management, while retaining her positions of Treasurer, Secretary and Interim Chief Accounting Officer.
NEW YORK, Feb. 08, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
CorEnergy Infrastructure Trust, Inc. today announced the tax characterization of the 2018 distributions paid to stockholders.
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today that its Board of Directors declared a fourth quarter 2018 dividend of $0.75 per share (or $3.00 per share annualized) for its common stock. The dividend is payable on February 28, 2019, to shareholders of record on February 14, 2019. The Board of Directors also declared a cash dividend of $0.4609375 per depositary share for the Company’s 7.375% Series A Cumulative Redeemable Preferred Stock.
The big shareholder groups in CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) have power over the company. Institutions often own shares in more established companies, while it's not unusual to see insiders Read More...
Real estate investment trusts (REITs) - a way for investors to gain access to assets such as apartments and office buildings while often collecting generous yields - had a disappointing 2018. With just a few days left to go in the year, the Vanguard REIT ETF (VNQ) had lost 13.5% compared to a 12% decline for the broader market. This contrasts with 10-year average annual gains of just more than 12% for the VNQ. Will REITs bounce back in 2019? Well, the same fear that hampered these real-estate plays in 2018 - rising interest rates - still is on the board for the coming year. And higher rates on bonds sometimes hamper the performance of REITs. However, these companies are not created equal. The best REITs for 2019 could benefit from other powerful trends in 2019. For instance, cloud computing's growth should continue to fuel robust demand for data storage services. A massive infrastructure spending bill could improve the fortunes of related REIT plays. And mobile-data growth, as well as the rollout of lightning-fast 5G technology, offers potential growth for cell-tower REITs. Here are the 13 best REITs to buy and hold in 2019. Not only should they benefit from broad trends that could help them outperform their brethren, but REITs as a whole are trading at much more palatable valuations lately. Moreover, average dividend yields in the space currently exceed 4%; all the more reason for investors to stick with REITs if market rockiness continues in the coming year. SEE ALSO: 19 Best Stocks to Buy for 2019 (And 5 to Sell)
CorEnergy Infrastructure Trust, Inc. ("CorEnergy" or the "Company") announced today that it sold its Portland Terminal Facility and its remaining interest in the Joliet Terminal ("Joliet") to Zenith Energy Terminals Holdings ("Zenith") for an aggregate consideration of $61 million. Pursuant to CorEnergy’s lease agreement with its tenant, Zenith had the option, effective in February 2017, to purchase the terminal. Following an asset and market review, CorEnergy and Zenith entered a negotiated sale.