NASDAQ:CMCT - CIM Commercial Trust Stock Price, Forecast & News

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

CIM Commercial Trust announced a quarterly dividend on Thursday, December 5th. Investors of record on Friday, December 13th will be paid a dividend of $0.075 per share on Friday, December 27th. This represents a $0.30 annualized dividend and a yield of 2.07%. The ex-dividend date is Thursday, December 12th. View CIM Commercial Trust's Dividend History.

CIM Commercial Trust's stock reverse split before market open on Tuesday, September 3rd 2019. The 1-3 reverse split was announced on Thursday, August 8th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, August 30th 2019. An investor that had 100 shares of CIM Commercial Trust stock prior to the reverse split would have 33 shares after the split.

CIM Commercial Trust Corp (NASDAQ:CMCT) issued its quarterly earnings data on Tuesday, November, 13th. The real estate investment trust reported ($0.30) earnings per share (EPS) for the quarter. The real estate investment trust had revenue of $47.64 million for the quarter. CIM Commercial Trust had a net margin of 211.84% and a return on equity of 2.86%. View CIM Commercial Trust's Earnings History.

CIM Commercial Trust is scheduled to release their next quarterly earnings announcement on Monday, March 16th 2020. View Earnings Estimates for CIM Commercial Trust.

News coverage about CMCT stock has trended somewhat positive on Saturday, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CIM Commercial Trust earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for CIM Commercial Trust.

CIM Commercial Trust saw a drop in short interest in the month of November. As of November 29th, there was short interest totalling 12,700 shares, a drop of 21.1% from the November 14th total of 16,100 shares. Based on an average trading volume of 33,400 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short. View CIM Commercial Trust's Current Options Chain.

Some companies that are related to CIM Commercial Trust include Urstadt Biddle Properties (UBP), CAPSTEAD MTG CO/SH (CMO), City Office REIT (CIO), Washington Prime Group (WPG), Ready Capital (RC), New Senior Investment Group (SNR), UMH PROPERTIES/SH SH (UMH), Preferred Apartment Communities (APTS), Corenergy Infrastructure Trust (CORR), CorePoint Lodging (CPLG), Catchmark Timber Trust (CTT), One Liberty Properties (OLP), Western Asset Mortgage Capital (WMC), Whitestone REIT (WSR) and Hersha Hospitality Trust (HT).

Based on aggregate information from My MarketBeat watchlists, some companies that other CIM Commercial Trust investors own include InterDigital Wireless (IDCC), Bank of Hawaii (BOH), CHIMERA INVT CO/SH NEW (CIM), Stag Industrial (STAG), Federal Realty Investment Trust (FRT), Warrior Met Coal (HCC), Lexington Realty Trust (LXP), Atlantic Power (ATP), Armada Hoffler Properties (AHH) and Weingarten Realty Investors (WRI).

CIM Commercial Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (23.72%), PGGM Investments (5.37%), Wedbush Securities Inc. (0.39%), Millennium Management LLC (0.10%), Russell Investments Group Ltd. (0.04%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own CIM Commercial Trust stock include Cim Service Provider, Llc, David Andrew Thompson, Jan F Salit, Nathan David Debacker and Urban Partners Ii, Llc. View Institutional Ownership Trends for CIM Commercial Trust.

CMCT stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc., California State Teachers Retirement System and Nisa Investment Advisors LLC. View Insider Buying and Selling for CIM Commercial Trust.

CMCT stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, PGGM Investments, Millennium Management LLC, Russell Investments Group Ltd. and Tower Research Capital LLC TRC. Company insiders that have bought CIM Commercial Trust stock in the last two years include Cim Service Provider, Llc, David Andrew Thompson, Jan F Salit and Nathan David Debacker. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CMCT stock can currently be purchased for approximately $14.49.

CIM Commercial Trust has a market capitalization of $211.55 million and generates $197.72 million in revenue each year. CIM Commercial Trust employs 5 workers across the globe.View Additional Information About CIM Commercial Trust.

The official website for CIM Commercial Trust is http://www.cimcommercial.com/.

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]