NASDAQ:CMCT - CIM Commercial Trust Stock Price, Price Target & More

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$15.25 -0.10 (-0.65 %)
(As of 07/19/2018 08:00 AM ET)
Previous Close$15.15
Today's Range$15.05 - $15.25
52-Week Range$11.75 - $20.45
Volume2,200 shs
Average Volume1,811 shs
Market Capitalization$667.88 million
P/E RatioN/A
Dividend Yield3.28%
Beta0.14
CIM Commercial Trust logoCIM Commercial Trust is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving urban communities throughout the United States. Its properties are primarily located in Los Angeles, the San Francisco Bay Area and Washington, D.C. CIM Commercial Trust is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and asset management capabilities (www.cimcommercial.com).

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CMCT
CUSIPN/A
Phone972-349-3200

Debt

Debt-to-Equity Ratio1.64
Current Ratio3.95
Quick Ratio3.95

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$236.37 million
Price / Sales2.83
Cash Flow$7.5871 per share
Price / Cash2.01
Book Value$6.84 per share
Price / Book2.23

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$379.73 million
Net Margins85.58%
Return on Equity34.75%
Return on Assets12.59%

Miscellaneous

Employees2
Outstanding Shares43,790,000
Market Cap$667.88

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CIM Commercial Trust (NASDAQ:CMCT) Frequently Asked Questions

What is CIM Commercial Trust's stock symbol?

CIM Commercial Trust trades on the NASDAQ under the ticker symbol "CMCT."

How often does CIM Commercial Trust pay dividends? What is the dividend yield for CIM Commercial Trust?

CIM Commercial Trust announced a quarterly dividend on Monday, June 4th. Investors of record on Friday, June 15th will be given a dividend of $0.125 per share on Thursday, June 28th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Thursday, June 14th. View CIM Commercial Trust's Dividend History.

How will CIM Commercial Trust's stock buyback program work?

CIM Commercial Trust declared that its Board of Directors has authorized a stock buyback plan on Wednesday, September 14th 2016, which authorizes the company to repurchase outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

How were CIM Commercial Trust's earnings last quarter?

CIM Commercial Trust Corp (NASDAQ:CMCT) posted its quarterly earnings data on Thursday, May, 10th. The real estate investment trust reported ($0.07) earnings per share for the quarter. The real estate investment trust had revenue of $48.40 million for the quarter. CIM Commercial Trust had a net margin of 85.58% and a return on equity of 34.75%. View CIM Commercial Trust's Earnings History.

When is CIM Commercial Trust's next earnings date?

CIM Commercial Trust is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for CIM Commercial Trust.

What is the consensus analysts' recommendation for CIM Commercial Trust?

0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CIM Commercial Trust in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."

Who are some of CIM Commercial Trust's key competitors?

Who are CIM Commercial Trust's key executives?

CIM Commercial Trust's management team includes the folowing people:
  • Mr. Charles E. Garner II, Chief Exec. Officer (Age 55)
  • Mr. Jan F. Salit, Pres & Sec. (Age 67)
  • Mr. David A. Thompson CPA, Chief Financial Officer (Age 54)
  • Mr. Jolly Singh, Managing Director of Investments
  • Mr. Barry N. Berlin CPA, Exec. VP of Fin. & Accounting, Treasurer and Assistant Sec. (Age 57)

Has CIM Commercial Trust been receiving favorable news coverage?

News stories about CMCT stock have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CIM Commercial Trust earned a media sentiment score of 0.13 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 46.38 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

How do I buy shares of CIM Commercial Trust?

Shares of CMCT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CIM Commercial Trust's stock price today?

One share of CMCT stock can currently be purchased for approximately $15.25.

How big of a company is CIM Commercial Trust?

CIM Commercial Trust has a market capitalization of $667.88 million and generates $236.37 million in revenue each year. CIM Commercial Trust employs 2 workers across the globe.

How can I contact CIM Commercial Trust?

CIM Commercial Trust's mailing address is 17950 PRESTON RD SUITE 600, DALLAS TX, 75252. The real estate investment trust can be reached via phone at 972-349-3200 or via email at [email protected]


MarketBeat Community Rating for CIM Commercial Trust (NASDAQ CMCT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  88 (Vote Outperform)
Underperform Votes:  113 (Vote Underperform)
Total Votes:  201
MarketBeat's community ratings are surveys of what our community members think about CIM Commercial Trust and other stocks. Vote "Outperform" if you believe CMCT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMCT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/19/2018 by MarketBeat.com Staff

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