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S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs

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

$5.75
-0.05 (-0.86%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.75
$5.80
50-Day Range
$5.75
$6.82
52-Week Range
$5.43
$8.31
Volume
3,944 shs
Average Volume
20,326 shs
Market Capitalization
$130.93 million
P/E Ratio
N/A
Dividend Yield
5.86%
Price Target
$8.00

Creative Media & Community Trust Co. MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
39.1% Upside
$8.00 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.60mentions of Creative Media & Community Trust Co. in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
189.47%
From $0.19 to $0.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.01 out of 5 stars

Finance Sector

68th out of 872 stocks

Real Estate Investment Trusts Industry

17th out of 192 stocks

CMCT stock logo

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

Creative Media & Community Trust Corporation is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). Its properties are primarily located in Los Angeles and the San Francisco Bay Area. Creative Media & Community Trust Corporation is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities.

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CMCT Stock News Headlines

CMCT names John Hope Bryant to its Board of Directors
Creative Media & Community Trust Corporation (CMCT)
Creative Media & Community Trust Corporation
CMCT Declares Common and Preferred Stock Dividends
IIROC Trading Halt - ZOG
CIM Commercial Trust earnings: here's what to expect
See More Headlines
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CMCT Company Calendar

Last Earnings
5/11/2022
Ex-Dividend for 10/17 Dividend
9/30/2022
Dividend Payable
10/17/2022
Today
12/07/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/15/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$8.00
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+39.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-850,000.00
Pretax Margin
7.08%

Debt

Sales & Book Value

Annual Sales
$90.93 million
Cash Flow
$0.81 per share
Book Value
$2.69 per share

Miscellaneous

Free Float
13,389,000
Market Cap
$130.93 million
Optionable
Not Optionable
Beta
0.48

Key Executives

  • Mr. David A. Thompson CPA (Age 58)
    CPA, Chief Exec. Officer
  • Mr. Barry Neil Berlin CPA (Age 61)
    CPA, EVP of Fin. & Acct., Treasurer, Assistant Sec., CEO & Chairman of Lending Division and CFO
  • Mr. Jolly Singh
    Managing Director of Investments
  • Mr. Stephen Altebrando
    VP, Equity Capital Markets
  • Mr. Jordan Dembo
    MD & Chief Legal Officer
  • Mr. Chris Allman
    Managing Director of Capital Markets
  • Mr. Robert Dupree
    MD of Partner & Co-Investor Relations and Product Management
  • Mr. Ryan Harter
    Principal of Devel. - CIM Group
  • Ms. Sondra Wenger
    Managing Director of Investments - CIM Group
  • Mr. Terry Wachsner
    Principal of Asset Management - CIM Group.













CMCT Stock - Frequently Asked Questions

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

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Creative Media & Community Trust Co. in the last year. 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.

What is Creative Media & Community Trust Co.'s stock price forecast for 2023?

2 analysts have issued 1 year 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 predict the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 39.1% 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 2022?

Creative Media & Community Trust Co.'s stock was trading at $7.35 at the beginning of the year. Since then, CMCT stock has decreased by 21.8% and is now trading at $5.75.
View the best growth stocks for 2022 here
.

Are investors shorting Creative Media & Community Trust Co.?

Creative Media & Community Trust Co. saw a decline in short interest during the month of 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 trading volume of 15,000 shares, the short-interest ratio is currently 1.4 days. Approximately 0.2% of the shares of the stock are short sold.
View Creative Media & Community Trust Co.'s Short Interest
.

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

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

How were Creative Media & Community Trust Co.'s earnings last quarter?

Creative Media & Community Trust Co. (NASDAQ:CMCT) posted 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. 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 in the previous year, the company earned ($0.55) EPS.

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 Thursday, September 22nd. Shareholders of record on Monday, October 3rd will be given a dividend of $0.085 per share on Monday, October 17th. This represents a $0.34 annualized dividend and a yield of 5.91%. The ex-dividend date of this dividend is Friday, September 30th.
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 5.86%. 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?

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

What is Creative Media & Community Trust Co.'s stock symbol?

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

Who are Creative Media & Community Trust Co.'s major shareholders?

Creative Media & Community Trust Co.'s stock is owned by a number of retail and institutional investors. Top institutional shareholders 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, Richard S Ressler and Shaul Kuba.
View institutional ownership trends
.

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

What is Creative Media & Community Trust Co.'s stock price today?

One share of CMCT stock can currently be purchased for approximately $5.75.

How much money does Creative Media & Community Trust Co. make?

Creative Media & Community Trust Co. (NASDAQ:CMCT) has a market capitalization of $130.93 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.

How can I contact Creative Media & Community Trust Co.?

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.

This page (NASDAQ:CMCT) was last updated on 12/7/2022 by MarketBeat.com Staff