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%.
WARNING: This story was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2017/10/29/corenergy-infrastructure-trust-inc-corr-scheduled-to-post-quarterly-earnings-on-tuesday.html.
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.
Receive News & Ratings for CorEnergy Infrastructure Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CorEnergy Infrastructure Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.