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Corning Natural Gas Holding (CNIG.P) Stock Overview

Corning Natural Gas Holding Corporation, through its subsidiaries, distributes natural gas and electricity. More details

CNIG.P fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	0/6
Dividends	3/6

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 2.48% is not well covered by earnings or forecast to be in the next 3 years

Shares are highly illiquid

Earnings have declined by 2.8% per year over past 5 years

+ 2 more risks

CNIG.P Community Fair Values

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Corning Natural Gas Holding Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Corning Natural Gas Holding
Historical stock prices
Current Share Price	US$29.50
52 Week High	US$29.71
52 Week Low	US$28.05
Beta	0.31
1 Month Change	0.68%
3 Month Change	3.69%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	18.00%
Change since IPO	40.41%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	CNIG.P	US Gas Utilities	US Market
7D	0%	0.4%	1.8%
1Y	n/a	23.1%	13.7%

Return vs Industry: Insufficient data to determine how CNIG.P performed against the US Gas Utilities industry.

Return vs Market: Insufficient data to determine how CNIG.P performed against the US Market.

Price Volatility

Is CNIG.P's price volatile compared to industry and market?
CNIG.P volatility
CNIG.P Average Weekly Movement	n/a
Gas Utilities Industry Average Movement	3.1%
Market Average Movement	7.3%
10% most volatile stocks in US Market	17.2%
10% least volatile stocks in US Market	3.7%

Stable Share Price: CNIG.P has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine CNIG.P's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1904	73	Mike German	www.corninggas.com

Corning Natural Gas Holding Corporation, through its subsidiaries, distributes natural gas and electricity. The company offers natural gas to approximately 15,000 customers through approximately 434 miles of distribution main and 86 regulating stations; and electricity to approximately 4,900 customers through approximately 160 miles of electric distribution wire and poles, and 20 miles of gas distribution pipe. It also owns 4 gate stations and approximately 18 miles of pipe in Susquehanna and Bradford Counties, Pennsylvania.

Corning Natural Gas Holding Corporation Fundamentals Summary

How do Corning Natural Gas Holding's earnings and revenue compare to its market cap?
CNIG.P fundamental statistics
Market cap	US$75.95m
Earnings (TTM)	US$1.70m
Revenue (TTM)	US$41.14m

44.7x

P/E Ratio

1.8x

P/S Ratio

Is CNIG.P overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNIG.P income statement (TTM)
Revenue	US$41.14m
Cost of Revenue	US$27.25m
Gross Profit	US$13.89m
Other Expenses	US$12.19m
Earnings	US$1.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.55
Gross Margin	33.76%
Net Profit Margin	4.13%
Debt/Equity Ratio	190.0%

How did CNIG.P perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

111%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/07/06 01:55
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2021/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Corning Natural Gas Holding Corporation is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.