Creative Media & Community Trust Co. - CMCT Stock Forecast, Price & News

2 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 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMCT shares.
View CMCT analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued twelve-month price targets for Creative Media & Community Trust Co.'s shares. Their CMCT share price forecasts range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price.
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Creative Media & Community Trust Co.'s stock was trading at $7.35 on January 1st, 2022. Since then, CMCT shares have decreased by 18.2% and is now trading at $6.01.
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Creative Media & Community Trust Co. saw a decline in short interest in November. As of November 15th, there was short interest totaling 21,100 shares, a decline of 16.6% from the October 31st total of 25,300 shares. Based on an average daily volume of 15,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.2% of the shares of the company are short sold.
View Creative Media & Community Trust Co.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.
View our CMCT earnings forecast.

Creative Media & Community Trust Co. (NASDAQ:CMCT) posted its earnings results on Wednesday, May, 11th. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.03. Creative Media & Community Trust Co. had a trailing twelve-month return on equity of 10.38% and a net margin of 5.58%. During the same period last year, the firm posted ($0.55) EPS.

Creative Media & Community Trust Co. announced a quarterly dividend on Thursday, September 22nd. Shareholders of record on Monday, October 3rd will be paid a dividend of $0.085 per share on Monday, October 17th. This represents a $0.34 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date of this dividend is Friday, September 30th.
Read our dividend analysis for CMCT.

Creative Media & Community Trust Co. (NASDAQ:CMCT) pays an annual dividend of $0.34 per share and currently has a dividend yield of 5.69%. 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.

Shares of Creative Media & Community Trust Co. 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.

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), Bluerock Residential Growth REIT (BRG), New Residential Investment (NRZ) and AGNC Investment (AGNC).

Creative Media & Community Trust Co. trades on the NASDAQ under the ticker symbol "CMCT."

Creative Media & Community Trust Co.'s stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.51%), Dimensional Fund Advisors LP (0.41%), Blackstone Inc. (0.33%), Tudor Investment Corp Et Al (0.20%), Renaissance Technologies LLC (0.09%) and Cambridge Investment Research Advisors Inc. (0.05%). Insiders that own company stock include Avraham Shemesh, Cim Capital Real Property Mana, Cim Capital, Llc, David Andrew Thompson, Nathan David Debacker, Richard S Ressler and Shaul Kuba.
View institutional ownership trends.

Shares of CMCT stock 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.
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One share of CMCT stock can currently be purchased for approximately $6.01.

Creative Media & Community Trust Co. (NASDAQ:CMCT) has a market capitalization of $136.85 million and generates $90.93 million in revenue each year. The real estate investment trust earns $-850,000.00 in net income (profit) each year or ($0.91) on an earnings per share basis.

Creative Media & Community Trust Co.'s mailing address is 17950 PRESTON RD SUITE 600, DALLAS TX, 75252. The official website for the company is www.cimcommercial.com. The real estate investment trust can be reached via phone at (972) 349-3200, via email at investors@cimcommercial.com, or via fax at 323-860-4901.