CorEnergy Infrastructure Trust, Inc. (CORR) Scheduled to Post Quarterly Earnings on Tuesday

CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, October 31st. Analysts expect the company to announce earnings of $0.52 per share for the quarter.

CorEnergy Infrastructure Trust, Inc. (NYSE CORR) opened at 35.59 on Friday. CorEnergy Infrastructure Trust, Inc. has a 12 month low of $25.10 and a 12 month high of $37.25. The stock has a market capitalization of $423.59 million, a P/E ratio of 14.71 and a beta of 2.10. The firm’s 50-day moving average is $34.78 and its 200-day moving average is $34.78.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $3.00 annualized dividend and a dividend yield of 8.43%. CorEnergy Infrastructure Trust’s dividend payout ratio (DPR) is 124.48%.

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Several analysts have recently weighed in on the company. BidaskClub upgraded CorEnergy Infrastructure Trust from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. ValuEngine upgraded CorEnergy Infrastructure Trust from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 24th. Finally, Zacks Investment Research upgraded CorEnergy Infrastructure Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $35.33.

CorEnergy Infrastructure Trust Company Profile

CorEnergy Infrastructure Trust, Inc (CorEnergy) is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets.

Earnings History for CorEnergy Infrastructure Trust (NYSE:CORR)

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