Share on StockTwits

Corenergy Infrastructure Trust (NASDAQ:CORR) announced its earnings results on Monday. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.01, Analyst Ratings Network reports.

Shares of Corenergy Infrastructure Trust (NASDAQ:CORR) traded up 1.08% on Monday, hitting $7.955. The stock had a trading volume of 55,478 shares. Corenergy Infrastructure Trust has a 52-week low of $6.11 and a 52-week high of $8.54. The stock’s 50-day moving average is $7.8 and its 200-day moving average is $7.08.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 6.61%. The ex-dividend date is Wednesday, August 13th. This is a positive change from Corenergy Infrastructure Trust’s previous quarterly dividend of $0.13.

On the ratings front, analysts at TheStreet upgraded shares of Corenergy Infrastructure Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, June 17th.

CorEnergy Infrastructure Trust, Inc, formerly Tortoise Capital Resources Corporation, is an energy infrastructure asset financing company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.