CIM Commercial Trust Stock Forecast, Price & News

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CIM Commercial Trust saw a decrease in short interest during the month of May. As of May 28th, there was short interest totaling 292,700 shares, a decrease of 14.0% from the May 13th total of 340,500 shares. Based on an average daily trading volume, of 62,700 shares, the days-to-cover ratio is presently 4.7 days. Currently, 2.5% of the shares of the company are sold short.
View CIM Commercial Trust's Short Interest.

CIM Commercial Trust is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for CIM Commercial Trust.

CIM Commercial Trust Co. (NASDAQ:CMCT) released its quarterly earnings results on Monday, May, 10th. The real estate investment trust reported ($0.55) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.75) by $0.20. CIM Commercial Trust had a negative net margin of 24.70% and a negative trailing twelve-month return on equity of 48.58%.
View CIM Commercial Trust's earnings history.

CIM Commercial Trust's stock was trading at $11.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CMCT shares have decreased by 21.9% and is now trading at $9.06.
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CIM Commercial Trust declared a quarterly dividend on Monday, June 7th. Shareholders of record on Thursday, June 17th will be given a dividend of $0.075 per share on Wednesday, June 30th. This represents a $0.30 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend is Wednesday, June 16th.
View CIM Commercial Trust's dividend history.

CIM Commercial Trust pays an annual dividend of $0.30 per share and currently has a dividend yield of 3.15%.
View CIM Commercial Trust's dividend history.

Shares of CIM Commercial Trust 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 market closes 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.

Some companies that are related to CIM Commercial Trust include Preferred Apartment Communities (APTS), City Office REIT (CIO), Orchid Island Capital (ORC), Hersha Hospitality Trust (HT), Farmland Partners (FPI), Whitestone REIT (WSR), CTO Realty Growth (CTO), Braemar Hotels & Resorts (BHR), BRT Apartments (BRT), Great Ajax (AJX), Bluerock Residential Growth REIT (BRG), Postal Realty Trust (PSTL), Transcontinental Realty Investors (TCI), Western Asset Mortgage Capital (WMC) and Pennsylvania Real Estate Investment Trust (PEI).
View all of CMCT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CIM Commercial Trust investors own include InterDigital (IDCC), Bank of Hawaii (BOH), Chimera Investment (CIM), STAG Industrial (STAG), The Macerich (MAC), New York Mortgage Trust (NYMT), Brookfield Property Partners (BPY), Bluerock Residential Growth REIT (BRG), New Residential Investment (NRZ) and AGNC Investment (AGNC).

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

CIM Commercial Trust's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.59%), Robotti Robert (3.15%), JPMorgan Chase & Co. (1.55%), Morgan Stanley (1.34%), Geode Capital Management LLC (0.87%) and Northern Trust Corp (0.78%). Company insiders that own CIM Commercial Trust stock include Avraham Shemesh, Cim Capital, Llc, Cim Service Provider, Llc, David Andrew Thompson, Jan F Salit, Nathan David Debacker and Shaul Kuba.
View institutional ownership trends for CIM Commercial Trust.

CMCT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Achmea Investment Management B.V., Northern Trust Corp, Sumitomo Mitsui Trust Holdings Inc., Nuveen Asset Management LLC, Arkadios Wealth Advisors, Strs Ohio, and California State Teachers Retirement System.
View insider buying and selling activity for CIM Commercial Trust or view top insider-selling stocks.

CMCT stock was acquired by a variety of institutional investors in the last quarter, including Union Square Park Capital Management LLC, Robotti Robert, BlackRock Inc., Geode Capital Management LLC, JPMorgan Chase & Co., Dimensional Fund Advisors LP, and State of Alaska Department of Revenue. Company insiders that have bought CIM Commercial Trust stock in the last two years include Avraham Shemesh, Cim Capital, Llc, Cim Service Provider, Llc, David Andrew Thompson, Jan F Salit, Nathan David Debacker, and Shaul Kuba.
View insider buying and selling activity for CIM Commercial Trust or or view top insider-buying stocks.

Shares of CMCT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CMCT stock can currently be purchased for approximately $9.06.

CIM Commercial Trust has a market capitalization of $134.54 million and generates $77.21 million in revenue each year. The real estate investment trust earns $-15,020,000.00 in net income (profit) each year or ($1.91) on an earnings per share basis.

CIM Commercial Trust employs 4 workers across the globe.

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

CIM Commercial Trust is headquartered at 17950 PRESTON RD SUITE 600, DALLAS TX, 75252.

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]