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

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

CIM Commercial Trust declared a quarterly dividend on Thursday, December 5th. Investors of record on Friday, December 13th will be given a dividend of $0.075 per share on Friday, December 27th. This represents a $0.30 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend is Thursday, December 12th. View CIM Commercial Trust's Dividend History.

CIM Commercial Trust 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 CIM Commercial Trust stock prior to the reverse split would have 33 shares after the split.

CIM Commercial Trust Corp (NASDAQ:CMCT) announced its earnings results on Tuesday, November, 13th. The real estate investment trust reported ($0.30) earnings per share for the quarter. The real estate investment trust had revenue of $47.64 million for the quarter. CIM Commercial Trust had a return on equity of 2.86% and a net margin of 211.84%. 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 articles about CMCT stock have been trending somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. CIM Commercial Trust earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for CIM Commercial Trust.

CIM Commercial Trust saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 12,400 shares, an increase of 26.5% from the December 31st total of 9,800 shares. Based on an average trading volume of 54,200 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short. View CIM Commercial Trust's Current Options Chain.

Some companies that are related to CIM Commercial Trust include Investors Real Estate Trust Reit (IRET), Northstar Realty Europe (NRE), Chatham Lodging Trust (CLDT), Ready Capital (RC), CAPSTEAD MTG CO/SH (CMO), Urstadt Biddle Properties (UBP), City Office REIT (CIO), UMH PROPERTIES/SH SH (UMH), New Senior Investment Group (SNR), Corenergy Infrastructure Trust (CORR), Washington Prime Group (WPG), Preferred Apartment Communities (APTS), One Liberty Properties (OLP), Western Asset Mortgage Capital (WMC) and Whitestone REIT (WSR).

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 a variety of of institutional and retail investors. Top institutional shareholders include Wedbush Securities Inc. (1.13%) 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 and Nathan David Debacker. View Institutional Ownership Trends for CIM Commercial Trust.

CMCT stock was acquired by a variety of institutional investors in the last quarter, including Wedbush Securities Inc. and Nisa Investment Advisors LLC. 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 $15.35.

CIM Commercial Trust has a market capitalization of $224.11 million and generates $197.72 million in revenue each year. The real estate investment trust earns $1.12 million in net income (profit) each year or ($0.99) on an earnings per share basis. 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]