S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NASDAQ:CMCT

CIM Commercial Trust Stock Forecast, Price & News

$7.27
-0.34 (-4.47%)
(As of 01/21/2022 12:00 AM ET)
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Today's Range
$7.20
$7.55
50-Day Range
$6.95
$8.10
52-Week Range
$6.50
$17.29
Volume
107,383 shs
Average Volume
30,106 shs
Market Capitalization
$169.89 million
P/E Ratio
N/A
Dividend Yield
3.94%
Beta
0.58
30 days | 90 days | 365 days | Advanced Chart
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CIM Commercial Trust logo

About CIM Commercial Trust

CIM Commercial Trust Corp. engages in the acquisition, ownership, and operation of Class A and office assets. It operates through the following segments: Office, Hotel, and Lending. The Office segment consists of rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment relates to operations of hotel properties and rental income generated from a garage located directly across the street from one of the hotels. The Lending segment includes income from the yield and other related fee income earned on its loans receivable. The company was founded in 1979 and is headquartered in Dallas, TX.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:CMCT
Employees
4
Year Founded
N/A

Sales & Book Value

Annual Sales
$77.21 million
Cash Flow
$0.77 per share
Book Value
$1.08 per share

Profitability

Net Income
$-15.02 million
Pretax Margin
-4.28%

Debt

Price-To-Earnings

Miscellaneous

Free Float
13,741,000
Market Cap
$169.89 million
Optionable
Not Optionable

Company Calendar

Last Earnings
11/09/2021
Ex-Dividend for 1/5 Dividend
12/17/2021
Dividend Payable
1/05/2022
Today
1/23/2022
Next Earnings (Estimated)
3/15/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.15 out of 5 stars

Finance Sector

40th out of 1,355 stocks

Real Estate Investment Trusts Industry

2nd out of 230 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 5.0Valuation: 0.6 5 -4 -3 -2 -1 -












CIM Commercial Trust (NASDAQ:CMCT) Frequently Asked Questions

Is CIM Commercial Trust a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CIM Commercial Trust in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CIM Commercial Trust stock.
View analyst ratings for CIM Commercial Trust
or view top-rated stocks.

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. Since then, CMCT stock has decreased by 37.3% and is now trading at $7.27.
View which stocks have been most impacted by COVID-19
.

Are investors shorting CIM Commercial Trust?

CIM Commercial Trust saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 9,700 shares, a drop of 47.0% from the December 15th total of 18,300 shares. Based on an average daily volume of 38,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company's stock 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 Tuesday, March 15th 2022.
View our earnings forecast for CIM Commercial Trust
.

How were CIM Commercial Trust's earnings last quarter?

CIM Commercial Trust Co. (NASDAQ:CMCT) posted its quarterly earnings data on Tuesday, November, 9th. The real estate investment trust reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.04. CIM Commercial Trust had a negative net margin of 7.06% and a negative trailing twelve-month return on equity of 13.08%.
View CIM Commercial Trust's earnings history
.

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

CIM Commercial Trust announced a quarterly dividend on Thursday, December 9th. Shareholders of record on Monday, December 20th will be given a dividend of $0.075 per share on Wednesday, January 5th. This represents a $0.30 annualized dividend and a dividend yield of 4.13%. The ex-dividend date of this dividend is Friday, December 17th.
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 3.94%.
View CIM Commercial Trust's dividend history.

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

CIM Commercial Trust'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 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.

What price target have analysts set for CMCT?

1 Wall Street analysts have issued 12-month price objectives for CIM Commercial Trust's shares. Their forecasts range from $13.00 to $13.00. On average, they expect CIM Commercial Trust's share price to reach $13.00 in the next year. This suggests a possible upside of 78.8% from the stock's current price.
View analysts' price targets for CIM Commercial Trust
or view top-rated stocks among Wall Street analysts.

Who are CIM Commercial Trust's key executives?

CIM Commercial Trust's management team includes the following people:
  • David Thompson, Chief Executive Officer
  • Nathan D. Debacker, Chief Financial Officer
  • Barry N. Berlin, Treasurer, Executive VP-Finance & Accounting
  • Steve T. Altebrando, Head-Investor Relations
  • Jordan Dembo, Chief Legal Officer & Managing Director

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 many different retail and institutional investors. Top institutional investors include FNY Investment Advisers LLC (0.02%). Company insiders that own CIM Commercial Trust stock include Avraham Shemesh, Cim Capital, Llc, David Andrew Thompson, Richard S Ressler and Shaul Kuba.
View institutional ownership trends for CIM Commercial Trust
.

Which major investors are buying CIM Commercial Trust stock?

CMCT stock was purchased by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. Company insiders that have bought CIM Commercial Trust stock in the last two years include Avraham Shemesh, Cim Capital, Llc, David Andrew Thompson, Richard S Ressler, 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 $7.27.

How much money does CIM Commercial Trust make?

CIM Commercial Trust has a market capitalization of $169.89 million and generates $77.21 million in revenue each year. The real estate investment trust earns $-15.02 million in net income (profit) each year or ($1.57) 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, via email at [email protected], or via fax at 323-860-4901.


This page was last updated on 1/23/2022 by MarketBeat.com Staff

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