CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) insider have most recently took part in a trading activity. On Jun 26, 2017 Schulte David J, President & CEO bought 1,000 shares having total worth of $32,890 at the price of $32.89 per share, following the transaction a total of 44,996 shares owned by Schulte David J. Before this latest buy, Schulte David J purchased CORR at 3 other times during the past twelve months, for a total investment of $98,959 at an average of $33.66 per share.
The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 5 times by insiders. an employee of the company was the buyer in 5 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
Shares of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) traded down 4.72% on Jun 26, 2017, hitting $33.32. 302,194 shares of the company’s stock traded hands. CorEnergy Infrastructure Trust, Inc. has a 52 week low of $11.5 and a 52 week high of $37.06. The company’s market cap is $349 million.
CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) last announced its earnings results on May 3, 2017. The company reported 1.00 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.60 by $0.4. The company had revenue of $22 million for the quarter, compared to the consensus estimate of $22 million. During the same quarter in the previous year, the company posted 0.96 earnings per share. The company’s revenue for the quarter was down 1% on a year-over-year basis.
|earnings per share||1.00||0.98||1.01||0.96||1.02||0.20||0.06||0.15||0.12||0.16|
CorEnergy Infrastructure Trust Inc, formerly Tortoise Capital Resources Corporation invests primarily in the U.S. energy infrastructure sector by providing lease-based financing to U.S. energy companies in connection with the acquisition of real property assets. The principal objective is to provide stockholders with risk-adjusted total return, with an emphasis on distributions and distribution growth. The company seeks to acquire midstream and downstream real property assets from energy companies that simultaneously lease the properties back from us under long-term triple net leases. It also intends to acquire infrastructure assets that qualify as real property for REIT purposes. These assets may include pipelines, storage tanks, transmission lines and gathering systems, among others.
Latest posts by William White (see all)
- Insider Trading Review: FS Investment Corporation $FSIC - January 13, 2018
- Insider Trader Watch: ENERTOPIA CORP $ENRT - January 13, 2018
- Insider Trading in Focus: Swiss Helvetia Fund, Inc. (The) $SWZ - January 13, 2018