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

$3.48
+0.14 (+4.19%)
(As of 04/23/2024 ET)
Today's Range
$3.24
$3.48
50-Day Range
$3.31
$4.26
52-Week Range
$3.19
$5.54
Volume
9,551 shs
Average Volume
10,112 shs
Market Capitalization
$79.31 million
P/E Ratio
N/A
Dividend Yield
9.77%
Price Target
$4.00

Creative Media & Community Trust Co. MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
14.9% Upside
$4.00 Price Target
Short Interest
Healthy
0.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.74) to ($0.52) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.81 out of 5 stars

Finance Sector

681st out of 855 stocks

Real Estate Investment Trusts Industry

142nd out of 181 stocks

CMCT stock logo

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

Creative Media & Community Trust Corporation (the Company), is a Maryland corporation and real estate investment trust (REIT). The Company primarily acquires, develops, owns and operates both premier multifamily properties situated in vibrant communities throughout the United States and Class A and creative office real assets in markets with similar business and employment characteristics to its multifamily investments. The Company also owns one hotel in northern California and a lending platform that originates loans under the Small Business Administration (SBA) 7(a) loan program. The Company seeks to apply the expertise of CIM Group Management, LLC and its affiliates (collectively, CIM Group) to the acquisition, development and operation of premier multifamily properties and creative office assets that cater to rapidly growing industries such as technology, media and entertainment in vibrant and emerging communities throughout the United States.

CMCT Stock Price History

CMCT Stock News Headlines

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
CMCT Declares Preferred Stock Dividends
CMCT Declares Common Stock Dividend
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Creative Media & Community Trust
Creative Media & Community Trust CMCT
Media Trust Is Hiring
See More Headlines
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Company Calendar

Last Earnings
5/11/2022
Ex-Dividend for 4/22 Dividend
4/05/2024
Dividend Payable
4/22/2024
Today
4/24/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Current Symbol
NASDAQ:CMCT
Employees
5
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+14.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-48,490,000.00
Pretax Margin
-42.12%

Debt

Sales & Book Value

Annual Sales
$119.26 million
Cash Flow
$0.27 per share
Book Value
($2.94) per share

Miscellaneous

Free Float
12,403,000
Market Cap
$79.31 million
Optionable
Optionable
Beta
0.51
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CMCT Stock Analysis - Frequently Asked Questions

Should I buy or sell Creative Media & Community Trust Co. stock right now?

1 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 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMCT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMCT, but not buy additional shares or sell existing shares.
View CMCT analyst ratings
or view top-rated stocks.

What is Creative Media & Community Trust Co.'s stock price target for 2024?

1 Wall Street analysts have issued 1 year target prices for Creative Media & Community Trust Co.'s stock. Their CMCT share price targets range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 14.9% 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 2024?

Creative Media & Community Trust Co.'s stock was trading at $3.69 on January 1st, 2024. Since then, CMCT shares have decreased by 5.7% and is now trading at $3.48.
View the best growth stocks for 2024 here
.

When is Creative Media & Community Trust Co.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
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) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.03. During the same quarter in the previous year, the business 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. announced a quarterly dividend on Wednesday, March 27th. Stockholders of record on Monday, April 8th will be given a dividend of $0.085 per share on Monday, April 22nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 9.77%. The ex-dividend date of this dividend is Friday, April 5th.
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 10.18%. 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.'s stock 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).

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

This page (NASDAQ:CMCT) was last updated on 4/24/2024 by MarketBeat.com Staff

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