NASDAQ:CMCT

CIM Commercial Trust Stock Forecast, Price & News

$9.06
-0.47 (-4.93 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$9.02
$9.59
50-Day Range
$9.06
$12.55
52-Week Range
$7.76
$17.29
Volume218,825 shs
Average Volume117,894 shs
Market Capitalization$134.54 million
P/E RatioN/A
Dividend Yield3.15%
Beta0.83
30 days | 90 days | 365 days | Advanced Chart
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CIM Commercial Trust logo

About CIM Commercial Trust

CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). Its properties are primarily located in Los Angeles and the San Francisco Bay Area. CIM Commercial 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 onsite property management capabilities.

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MarketRank

Overall MarketRank

0.77 out of 5 stars

Finance Sector

1350th out of 1,979 stocks

Real Estate Investment Trusts Industry

237th out of 275 stocks

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 0.8Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
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CIM Commercial Trust (NASDAQ:CMCT) Frequently Asked Questions

What stocks does MarketBeat like better than CIM Commercial Trust?

Wall Street analysts have given CIM Commercial Trust a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CIM Commercial Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CIM Commercial Trust?

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
.

When is CIM Commercial Trust's next earnings date?

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
.

How were CIM Commercial Trust's earnings last quarter?

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
.

How has CIM Commercial Trust's stock price been impacted by Coronavirus (COVID-19)?

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.
View which stocks have been most impacted by COVID-19
.

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

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
.

Is CIM Commercial Trust a good dividend stock?

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.

When did CIM Commercial Trust's stock split? How did CIM Commercial Trust's stock split work?

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.

Who are CIM Commercial Trust's key executives?

CIM Commercial Trust's management team includes the following people:
  • Mr. David A. Thompson CPA, CPA, Chief Exec. Officer (Age 57)
  • Mr. Nathan David DeBacker CPA, CPA, Chief Financial Officer (Age 41)
  • Mr. Jolly Singh, Managing Director of Investments
  • Mr. Barry Neil Berlin CPA, CPA, Exec. VP of Fin. & Accounting, Treasurer and Assistant Sec. (Age 60)
  • 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
  • Ms. Elaine Y. Wong, Principal of Investor Relations - CIM Group (Age 41)

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

What other stocks do shareholders of CIM Commercial Trust own?

What is CIM Commercial Trust's stock symbol?

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

Who are CIM Commercial Trust's major shareholders?

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
.

Which institutional investors are selling CIM Commercial Trust stock?

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.

Which institutional investors are buying CIM Commercial Trust stock?

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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CIM Commercial Trust's stock price today?

One share of CMCT stock can currently be purchased for approximately $9.06.

How much money does CIM Commercial Trust make?

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.

How many employees does CIM Commercial Trust have?

CIM Commercial Trust employs 4 workers across the globe.

What is CIM Commercial Trust's official website?

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

Where are CIM Commercial Trust's headquarters?

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

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]


This page was last updated on 6/13/2021 by MarketBeat.com Staff
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