NASDAQ:CMCT

Creative Media & Community Trust Co. (CMCT) Stock Forecast, Price & News

$4.12

-0.04 (-0.96%)

(As of 01:50 PM ET)

Compare

Today's Range: $4.05
▼
$4.19
50-Day Range: $4.01
▼
$4.94
52-Week Range: $3.89
▼
$6.84

Volume: 4,692 shs
Average Volume: 26,325 shs
Market Capitalization: $93.89 million

P/E Ratio: N/A
Dividend Yield: 8.25%
Price Target: $7.00

Creative Media & Community Trust Co. MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 67.1% Upside
$7.00 Price Target
Short Interest: Healthy
0.65% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.17) to $0.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Finance Sector

261st out of 822 stocks

Real Estate Investment Trusts Industry

49th out of 175 stocks

3.5

Analyst's Opinion

Consensus Rating
Creative Media & Community Trust Co. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.00, Creative Media & Community Trust Co. has a forecasted upside of 67.1% from its current price of $4.19.
Amount of Analyst Coverage
Creative Media & Community Trust Co. has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.65% of the float of Creative Media & Community Trust Co. has been sold short.
Short Interest Ratio / Days to Cover
Creative Media & Community Trust Co. has a short interest ratio ("days to cover") of 8.
Change versus previous month
Short interest in Creative Media & Community Trust Co. has recently decreased by 4.40%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
Creative Media & Community Trust Co. is a leading dividend payer. It pays a dividend yield of 8.46%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Creative Media & Community Trust Co. has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Creative Media & Community Trust Co. will have a dividend payout ratio of 70.83% next year. This indicates that Creative Media & Community Trust Co. will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CMCT.

3.2

News and Social Media Coverage

News Sentiment
Creative Media & Community Trust Co. has a news sentiment score of 1.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Creative Media & Community Trust Co. this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added Creative Media & Community Trust Co. to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Creative Media & Community Trust Co. insiders have not sold or bought any company stock.
Percentage Held by Insiders
45.57% of the stock of Creative Media & Community Trust Co. is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
73.10% of the stock of Creative Media & Community Trust Co. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Creative Media & Community Trust Co. are expected to grow in the coming year, from ($0.17) to $0.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Creative Media & Community Trust Co. is -1.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Creative Media & Community Trust Co. is -1.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Creative Media & Community Trust Co. has a P/B Ratio of 3.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Creative Media & Community Trust Co. (NASDAQ:CMCT) Stock

Creative Media & Community Trust Corporation is a real estate investment trust (REIT) that principally acquires, owns, and operates Class A and creative office investments located in vibrant and improving metropolitan communities throughout the U.S. Properties are primarily located in Los Angeles and the San Francisco Bay Area. Creative Media & Community Trust Corporation is operated by CIM Group, a vertically integrated, owner and operator of real assets with multi-disciplinary expertise including in-house research, acquisition, credit analysis, development, finance, leasing, and property management capabilities, and its affiliates.

CMCT Price History

30 days | 90 days | 365 days | Advanced Chart

CMCT Stock News Headlines

September 18, 2023 | americanbankingnews.com

Creative Media & Community Trust Co. (NASDAQ:CMCT) Research Coverage Started at StockNews.com

August 13, 2023 | insidermonkey.com

Creative Media & Community Trust Corporation (NASDAQ:CMCT) Q2 2023 Earnings Call Transcript

September 22, 2023 | UNKNOWN (Ad)

From Naval Flight Officer to CEO

First Female Founded, Publicly Traded, Space Company. Discover more

August 11, 2023 | finance.yahoo.com

Q2 2023 Creative Media & Community Trust Corporation Earnings Call

August 10, 2023 | msn.com

Creative Media & Community Trust (CMCT) Reports Q2 Loss, Tops Revenue Estimates

August 10, 2023 | sfgate.com

Creative Media & Community Trust: Q2 Earnings Snapshot

August 10, 2023 | finance.yahoo.com

Creative Media & Community Trust Corporation Reports 2023 Second Quarter Results

August 4, 2023 | finance.yahoo.com

Creative Media & Community Trust Announces Date for Its Second Quarter 2023 Earnings Release and Conference Call

September 22, 2023 | UNKNOWN (Ad)

Space CEO Featured on Good Morning America

A $25 Billion Earth Observation Market by 2040. Learn more

August 1, 2023 | investing.com

CMCT_p Historical Data

July 29, 2023 | thestreet.com

Creative Media & Community Trust Corporation Series L Preferred Stock

May 3, 2023 | msn.com

EF Hutton Reiterates Creative Media & Community Trust (CMCT) Buy Recommendation

May 2, 2023 | finance.yahoo.com

Creative Media & Community Trust Corporation Reports 2023 First Quarter Results

April 28, 2023 | finance.yahoo.com

Creative Media & Community Trust Announces Date for Its First Quarter 2023 Earnings Release and Conference Call

April 18, 2023 | finance.yahoo.com

Creative Media & Community Trust (CMCT) Moves 21.5% Higher: Will This Strength Last?

April 4, 2023 | finance.yahoo.com

Creative Media & Community Trust Corporation (NASDAQ:CMCT) Q4 2022 Earnings Call Transcript

March 31, 2023 | finance.yahoo.com

Creative Media & Community Trust Corporation Reports 2022 Fourth Quarter Results

March 31, 2023 | finance.yahoo.com

CIM Commercial Trust (CMCT) Q4 FFO and Revenues Surpass Estimates

March 30, 2023 | marketwatch.com

8-K: Creative Media & Community Trust Corp

March 29, 2023 | seekingalpha.com

CMCT Creative Media & Community Trust Corporation

March 28, 2023 | finance.yahoo.com

Creative Media & Community Trust Announces Date for Its Fourth Quarter 2022 Earnings Release and Conference Call

March 20, 2023 | finance.yahoo.com

CMCT Declares Common Stock Dividend

March 19, 2023 | wsj.com

Creative Media & Community Trust Corp.

March 7, 2023 | finance.yahoo.com

CMCT, Kanden Realty and Taisei Corporation to Convert Prominently Located Los Angeles Office Building into Luxury Multifamily

February 27, 2023 | finance.yahoo.com

National Storage (NSA) Matches Q4 FFO Estimates

February 15, 2023 | forbes.com

Using Social Media And Digital Marketing Metrics To Develop Or Change Your Brand Image

January 26, 2023 | news.yahoo.com

News Literacy Week focuses on trust in the media

See More Headlines

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CMCT Company Calendar

Last Earnings: 5/11/2022
Ex-Dividend for 7/24 Dividend: 7/07/2023
Dividend Payable: 7/24/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:CMCT
CUSIP: N/A
CIK: 908311
Web: www.cimcommercial.com
Phone: (972) 349-3200
Fax: 323-860-4901
Employees: 5
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $7.00
High Stock Price Forecast: $7.00
Low Stock Price Forecast: $7.00
Forecasted Upside/Downside: +68.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.50)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $5.92 million
Net Margins: -21.01%
Pretax Margin: -21.63%
Return on Equity: -170.65%
Return on Assets: -2.92%

Debt

Debt-to-Equity Ratio: 48.70
Current Ratio: 3.13
Quick Ratio: 3.13

Sales & Book Value

Annual Sales: $101.91 million
Price / Sales: 0.93
Cash Flow: $1.22 per share
Price / Cash Flow: 3.41
Book Value: $1.07 per share
Price / Book: 3.89

Miscellaneous

Outstanding Shares: 22,790,000
Free Float: 12,403,000
Market Cap: $94.81 million
Optionable: Not Optionable
Beta: 0.49

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Key Executives

Mr. David A. Thompson CPA (Age 59)
CPA, Chief Exec. Officer

Mr. Barry Neil Berlin CPA (Age 62)
CPA, Exec. VP, CFO, Treasurer & Sec.
Comp: $151.16k

Mr. Shaul Kuba (Age 60)
Chief Investment Officer & Director

Mr. Stephen Altebrando
VP, Equity Capital Markets

Mr. Jordan Dembo
MD & Chief Legal Officer

Mr. Chris Allman
Managing Director of Capital Markets

Mr. Robert Dupree
MD of Partner & Co-Investor Relations and Product Management

Mr. Ryan Harter
Principal of Devel. - CIM Group

Mr. Terry Wachsner
Principal of Asset Management - CIM Group.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CMCT Stock - Frequently Asked Questions

Should I buy or sell Creative Media & Community Trust Co. stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Creative Media & Community Trust Co. in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMCT shares.
View CMCT analyst ratings or view top-rated stocks.
What is Creative Media & Community Trust Co.'s stock price forecast for 2023?: 2 equities research analysts have issued 12 month target prices for Creative Media & Community Trust Co.'s stock. Their CMCT share price forecasts range from $7.00 to $7.00. On average, they predict the company's share price to reach $7.00 in the next year. This suggests a possible upside of 68.3% from the stock's current price.
View analysts price targets for CMCT or view top-rated stocks among Wall Street analysts.
How have CMCT shares performed in 2023?: Creative Media & Community Trust Co.'s stock was trading at $4.90 on January 1st, 2023. Since then, CMCT stock has decreased by 15.1% and is now trading at $4.16.
View the best growth stocks for 2023 here.
When is Creative Media & Community Trust Co.'s next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our CMCT earnings forecast.
How were Creative Media & Community Trust Co.'s earnings last quarter?: Creative Media & Community Trust Co. (NASDAQ:CMCT) issued its quarterly earnings results on Wednesday, May, 11th. The real estate investment trust reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.03. Creative Media & Community Trust Co. had a negative net margin of 21.01% and a negative trailing twelve-month return on equity of 170.65%. During the same period last year, the firm posted ($0.55) earnings per share.
How often does Creative Media & Community Trust Co. pay dividends? What is the dividend yield for Creative Media & Community Trust Co.?: Creative Media & Community Trust Co. declared a quarterly dividend on Tuesday, June 27th. Investors of record on Monday, July 10th will be given a dividend of $0.085 per share on Monday, July 24th. This represents a $0.34 annualized dividend and a dividend yield of 8.17%. The ex-dividend date is Friday, July 7th.
Read our dividend analysis for CMCT.
Is Creative Media & Community Trust Co. a good dividend stock?: Creative Media & Community Trust Co. (NASDAQ:CMCT) pays an annual dividend of $0.34 per share and currently has a dividend yield of 8.46%. CMCT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CMCT.

When did Creative Media & Community Trust Co.'s stock split?: Creative Media & Community Trust Co. shares 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 stock prior to the reverse split would have 33 shares after the split.
What other stocks do shareholders of Creative Media & Community Trust Co. own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Creative Media & Community Trust Co. investors own include InterDigital (IDCC), Bank of Hawaii (BOH), Chimera Investment (CIM), STAG Industrial (STAG), Macerich (MAC), New York Mortgage Trust (NYMT), New Residential Investment (NRZ) and AGNC Investment (AGNC).
What is Creative Media & Community Trust Co.'s stock symbol?: Creative Media & Community Trust Co. trades on the NASDAQ under the ticker symbol "CMCT."
Who are Creative Media & Community Trust Co.'s major shareholders?: Creative Media & Community Trust Co.'s stock is owned by many different retail and institutional investors. Top institutional shareholders include Y.D. More Investments Ltd (3.66%), First Foundation Advisors (1.66%), Renaissance Technologies LLC (0.24%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include Avraham Shemesh, Cim Capital Real Property Mana, Cim Capital, Llc, David Andrew Thompson, Marcie L Edwards, Richard S Ressler and Shaul Kuba.
View institutional ownership trends.
How do I buy shares of Creative Media & Community Trust Co.?: Shares of CMCT stock 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.
Compare Top Brokerages Here.
What is Creative Media & Community Trust Co.'s stock price today?: One share of CMCT stock can currently be purchased for approximately $4.16.
How much money does Creative Media & Community Trust Co. make?: Creative Media & Community Trust Co. (NASDAQ:CMCT) has a market capitalization of $94.81 million and generates $101.91 million in revenue each year. The real estate investment trust earns $5.92 million in net income (profit) each year or ($2.50) on an earnings per share basis.
How can I contact Creative Media & Community Trust Co.?: Creative Media & Community Trust Co.'s mailing address is 17950 PRESTON RD SUITE 600, DALLAS TX, 75252. The official website for the company is www.cimcommercial.com. The real estate investment trust can be reached via phone at (972) 349-3200, via email at investors@cimcommercial.com, or via fax at 323-860-4901.

This page (NASDAQ:CMCT) was last updated on 9/22/2023 by MarketBeat.com Staff

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