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. More Details
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has CorEnergy Infrastructure Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CORR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CORR's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CORR underperformed the US REITs industry which returned 34.5% over the past year.
Return vs Market: CORR underperformed the US Market which returned 37.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CorEnergy Infrastructure Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StCorEnergy Infrastructure Trust's(NYSE:CORR) Share Price Is Down 83% Over The Past Three Years.
4 months ago | Simply Wall StWhat Kind Of Shareholders Own CorEnergy Infrastructure Trust, Inc. (NYSE:CORR)?
Is CorEnergy Infrastructure Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CORR ($5.64) is trading below our estimate of fair value ($43.68)
Significantly Below Fair Value: CORR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CORR is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: CORR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CORR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CORR is overvalued based on its PB Ratio (8.7x) compared to the US REITs industry average (1.9x).
How is CorEnergy Infrastructure Trust forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CORR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CORR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CORR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CORR's revenue (47.3% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: CORR's revenue (47.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CORR's Return on Equity is forecast to be high in 3 years time
How has CorEnergy Infrastructure Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CORR is currently unprofitable.
Growing Profit Margin: CORR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CORR is unprofitable, and losses have increased over the past 5 years at a rate of 74.5% per year.
Accelerating Growth: Unable to compare CORR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CORR is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-8.8%).
Return on Equity
High ROE: CORR has a negative Return on Equity (-61.63%), as it is currently unprofitable.
How is CorEnergy Infrastructure Trust's financial position?
Financial Position Analysis
Short Term Liabilities: CORR's short term assets ($45.3M) exceed its short term liabilities ($29.3M).
Long Term Liabilities: CORR's short term assets ($45.3M) do not cover its long term liabilities ($221.8M).
Debt to Equity History and Analysis
Debt Level: CORR's debt to equity ratio (87%) is considered high.
Reducing Debt: CORR's debt to equity ratio has increased from 47.7% to 87% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CORR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CORR has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 47.8% each year.
What is CorEnergy Infrastructure Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CORR's dividend (3.55%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: CORR's dividend (3.55%) is in the top 25% of dividend payers in the US market (3.53%)
Stability and Growth of Payments
Stable Dividend: CORR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CORR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: CORR is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Schulte (60 yo)
Mr. David John Schulte, also known as Dave, JD, CFA, has been Director of Western Midstream Holdings, LLC (formerly Western Gas Equity Holdings, LLC), General Partner of Western Midstream Partners, LP and ...
Experienced Management: CORR's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: CORR's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CORR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CorEnergy Infrastructure Trust, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: CorEnergy Infrastructure Trust, Inc.
- Ticker: CORR
- Exchange: NYSE
- Founded: 2005
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: US$76.995m
- Shares outstanding: 13.65m
- Website: https://corenergy.reit
Number of Employees
- CorEnergy Infrastructure Trust, Inc.
- 1100 Walnut
- Suite 3350
- Kansas City
- United States
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 distributio...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/28 01:42|
|End of Day Share Price||2021/07/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.