Analysts expect CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) to announce $21.64 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for CorEnergy Infrastructure Trust’s earnings. The highest sales estimate is $22.21 million and the lowest is $21.06 million. CorEnergy Infrastructure Trust posted sales of $22.12 million during the same quarter last year, which suggests a negative year over year growth rate of 2.2%. The company is scheduled to issue its next earnings results on Wednesday, November 1st.

According to Zacks, analysts expect that CorEnergy Infrastructure Trust will report full-year sales of $21.64 million for the current year, with estimates ranging from $84.11 million to $89.02 million. For the next year, analysts expect that the business will post sales of $87.21 million per share, with estimates ranging from $83.98 million to $89.00 million. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for CorEnergy Infrastructure Trust.

CORR has been the subject of a number of analyst reports. ValuEngine downgraded shares of CorEnergy Infrastructure Trust from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. BidaskClub upgraded shares of CorEnergy Infrastructure Trust from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Finally, Zacks Investment Research upgraded shares of CorEnergy Infrastructure Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $35.33.

Several large investors have recently bought and sold shares of CORR. Vanguard Group Inc. grew its stake in shares of CorEnergy Infrastructure Trust by 28.6% during the 1st quarter. Vanguard Group Inc. now owns 561,450 shares of the asset manager’s stock worth $18,965,000 after purchasing an additional 124,879 shares during the period. Renaissance Technologies LLC grew its stake in shares of CorEnergy Infrastructure Trust by 46.5% during the 1st quarter. Renaissance Technologies LLC now owns 341,500 shares of the asset manager’s stock worth $11,536,000 after purchasing an additional 108,471 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of CorEnergy Infrastructure Trust by 9.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 607,114 shares of the asset manager’s stock worth $20,509,000 after purchasing an additional 49,994 shares during the period. Ameriprise Financial Inc. grew its stake in shares of CorEnergy Infrastructure Trust by 46.5% during the 1st quarter. Ameriprise Financial Inc. now owns 157,474 shares of the asset manager’s stock worth $5,320,000 after purchasing an additional 49,994 shares during the period. Finally, Northern Trust Corp grew its stake in shares of CorEnergy Infrastructure Trust by 9.7% during the 2nd quarter. Northern Trust Corp now owns 223,968 shares of the asset manager’s stock worth $7,523,000 after purchasing an additional 19,727 shares during the period. 64.23% of the stock is currently owned by institutional investors and hedge funds.

CorEnergy Infrastructure Trust (NYSE CORR) opened at 36.46 on Thursday. The company’s 50 day moving average is $34.16 and its 200 day moving average is $34.69. CorEnergy Infrastructure Trust has a one year low of $25.10 and a one year high of $37.25. The stock has a market cap of $433.95 million, a PE ratio of 15.07 and a beta of 2.10.

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About CorEnergy Infrastructure Trust

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.

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