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

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.

2 equities research analysts have issued twelve-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 expect the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 37.3% from the stock's current price.
View analysts price targets for CMCT or view top-rated stocks among Wall Street analysts.

Creative Media & Community Trust Co.'s stock was trading at $4.90 at the beginning of 2023. Since then, CMCT stock has increased by 4.1% and is now trading at $5.10.
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Creative Media & Community Trust Co. saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 113,800 shares, a decline of 5.6% from the April 30th total of 120,500 shares. Based on an average daily volume of 57,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.1% of the shares of the company are sold short.
View Creative Media & Community Trust Co.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our CMCT earnings forecast.

Creative Media & Community Trust Co. (NASDAQ:CMCT) issued its quarterly earnings data on Wednesday, May, 11th. The real estate investment trust reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. Creative Media & Community Trust Co. had a negative trailing twelve-month return on equity of 10.24% and a negative net margin of 3.14%. During the same period last year, the business posted ($0.55) earnings per share.

Creative Media & Community Trust Co. declared a quarterly dividend on Monday, March 20th. Stockholders of record on Thursday, March 30th will be paid a dividend of $0.085 per share on Tuesday, April 11th. This represents a $0.34 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date of this dividend is Wednesday, March 29th.
Read our dividend analysis for CMCT.

Dimensional US Real Estate ETF holds 620 shares of CMCT stock, representing 0.00% of its portfolio.

Creative Media & Community Trust Co. (NASDAQ:CMCT) pays an annual dividend of $0.34 per share and currently has a dividend yield of 6.50%. 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.

Shares of Creative Media & Community Trust Co. reverse split on the morning of 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 stock prior to the reverse split would have 33 shares after the split.

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).

Creative Media & Community Trust Co. trades on the NASDAQ under the ticker symbol "CMCT."

Creative Media & Community Trust Co.'s stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.13%) and Susquehanna International Group LLP (0.09%). 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.

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.
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One share of CMCT stock can currently be purchased for approximately $5.10.

Creative Media & Community Trust Co. (NASDAQ:CMCT) has a market capitalization of $115.97 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 ($1.55) on an earnings per share basis.

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.