Corenergy Infrastructure Trust (CORR) Scheduled to Post Quarterly Earnings on Wednesday

Corenergy Infrastructure Trust (NYSE:CORR) is set to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Corenergy Infrastructure Trust to post earnings of $0.92 per share for the quarter.

CORR opened at $38.03 on Monday. The company has a market capitalization of $487.16 million, a price-to-earnings ratio of 10.28, a PEG ratio of 2.04 and a beta of 1.63. The company has a debt-to-equity ratio of 0.46, a current ratio of 16.20 and a quick ratio of 16.20. Corenergy Infrastructure Trust has a 1-year low of $32.52 and a 1-year high of $39.46.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 17th will be given a $0.75 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $3.00 dividend on an annualized basis and a yield of 7.89%. Corenergy Infrastructure Trust’s dividend payout ratio (DPR) is 81.08%.

Separately, Zacks Investment Research upgraded Corenergy Infrastructure Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, February 13th.

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About Corenergy Infrastructure Trust

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. We receive long-term contracted revenue from operators of our assets, primarily under triple-net participating leases.

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Earnings History for Corenergy Infrastructure Trust (NYSE:CORR)

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