Favorable Media Coverage Somewhat Unlikely to Affect Corenergy Infrastructure Trust (CORR) Stock Price

Media stories about Corenergy Infrastructure Trust (NYSE:CORR) have been trending positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Corenergy Infrastructure Trust earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned press coverage about the asset manager an impact score of 46.2809782728654 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several brokerages recently commented on CORR. Zacks Investment Research lowered shares of Corenergy Infrastructure Trust from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. ValuEngine raised shares of Corenergy Infrastructure Trust from a “buy” rating to a “strong-buy” rating in a report on Friday, December 15th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $38.33.

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NYSE CORR traded down $0.46 on Monday, hitting $37.08. The company had a trading volume of 35,549 shares, compared to its average volume of 92,076. The firm has a market cap of $447.32, a PE ratio of 9.73, a PEG ratio of 2.84 and a beta of 1.91. The company has a debt-to-equity ratio of 0.46, a quick ratio of 4.30 and a current ratio of 4.30. Corenergy Infrastructure Trust has a 12-month low of $31.50 and a 12-month high of $39.42.

Corenergy Infrastructure Trust (NYSE:CORR) last issued its quarterly earnings results on Wednesday, February 28th. The asset manager reported $0.36 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.67). The company had revenue of $22.40 million during the quarter. Corenergy Infrastructure Trust had a return on equity of 9.00% and a net margin of 36.74%. equities analysts predict that Corenergy Infrastructure Trust will post 4.41 EPS for the current fiscal year.

In other Corenergy Infrastructure Trust news, CEO David J. Schulte bought 690 shares of the company’s stock in a transaction dated Tuesday, January 9th. The stock was acquired at an average price of $37.27 per share, with a total value of $25,716.30. Following the completion of the acquisition, the chief executive officer now directly owns 21,610 shares of the company’s stock, valued at $805,404.70. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO David J. Schulte bought 1,930 shares of the company’s stock in a transaction dated Thursday, March 8th. The shares were acquired at an average cost of $36.91 per share, with a total value of $71,236.30. Following the acquisition, the chief executive officer now directly owns 22,110 shares of the company’s stock, valued at $816,080.10. The disclosure for this purchase can be found here. Insiders have bought 3,495 shares of company stock valued at $129,353 in the last ninety days. Insiders own 0.99% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Corenergy Infrastructure Trust (NYSE:CORR)

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