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. Shareholders of record on Friday, December 13th will be paid a dividend of $0.075 per share on Friday, December 27th. This represents a $0.30 annualized dividend and a yield of 1.97%. The ex-dividend date 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) released its quarterly earnings data on Tuesday, November, 13th. The real estate investment trust reported ($0.30) earnings per share for the quarter. The real estate investment trust earned $47.64 million during the quarter. CIM Commercial Trust had a net margin of 211.84% and a return on equity of 2.86%. 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.

Media headlines about CMCT stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CIM Commercial Trust earned a coverage optimism score of 3.3 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the next several days. View News Stories for CIM Commercial Trust.

CIM Commercial Trust saw a increase in short interest in 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 daily volume of 54,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company's shares 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), Ready Capital (RC), Chatham Lodging Trust (CLDT), 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), Stag Industrial (STAG), CHIMERA INVT CO/SH NEW (CIM), Global Self Storage (SELF), New Residential Investment (NRZ), AGNC Investment (AGNC), Capital Product Partners (CPLP), GOLAR LNG PAR 8 75 SRS A CUM RED PRF (GMLPP) and NY MTG TR INC/SH (NYMT).

CIM Commercial Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (14.53%), 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 sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System. View Insider Buying and Selling for CIM Commercial Trust.

CMCT stock was purchased 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 $15.20.

CIM Commercial Trust has a market capitalization of $221.92 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]