NASDAQ:CMCTCIM Commercial Trust Stock Price, Forecast & News

CIM Commercial Trust's stock was trading at $11.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMCT shares have decreased by 5.2% and is now trading at $11.00.
View which stocks have been most impacted by COVID-19.

CIM Commercial Trust is scheduled to release its next quarterly earnings announcement on Friday, November 13th 2020.
View our earnings forecast for CIM Commercial Trust.

CIM Commercial Trust Corp (NASDAQ:CMCT) released its quarterly earnings data on Monday, August, 10th. The real estate investment trust reported ($0.55) earnings per share for the quarter, topping the Zacks' consensus estimate of ($1.08) by $0.53. CIM Commercial Trust had a net margin of 44.50% and a return on equity of 2.38%.
View CIM Commercial Trust's earnings history.

CIM Commercial Trust declared a quarterly dividend on Wednesday, June 3rd. Investors of record on Monday, June 15th will be given a dividend of $0.075 per share on Monday, June 29th. This represents a $0.30 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend is Friday, June 12th.
View CIM Commercial Trust's dividend history.

Shares of CIM Commercial Trust reverse split on the morning of 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.

Media stories about CMCT stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative press 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 negative five to five, with scores closest to five being the most favorable. CIM Commercial Trust earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
View the latest news about CIM Commercial Trust.

Some companies that are related to CIM Commercial Trust include CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR), UMH PROPERTIES/SH SH (UMH), Ready Capital (RC), RPT Realty (RPT), Hammerson (HMSNF), Catchmark Timber Trust (CTT), Urstadt Biddle Properties (UBA), Granite Point Mortgage Trust (GPMT), Jernigan Capital (JCAP), City Office REIT (CIO), New Senior Investment Group (SNR), One Liberty Properties (OLP), Urstadt Biddle Properties (UBP) and Dynex Capital (DX).
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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), CHIMERA INVT CO/SH NEW (CIM), Stag Industrial (STAG), Macerich (MAC), NY MTG TR INC/SH (NYMT), Brookfield Property Partners (BPY), Bluerock Residential Growth REIT (BRG), New Residential Investment (NRZ) and AGNC Investment (AGNC).

CIM Commercial Trust trades on the NASDAQ under the ticker symbol "CMCT."

CIM Commercial Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (2.71%), Wedbush Securities Inc. (1.51%), Federated Hermes Inc. (0.87%), Bank of New York Mellon Corp (0.28%), Skandinaviska Enskilda Banken AB publ (0.07%) and New York State Common Retirement Fund (0.05%). Company insiders that own CIM Commercial Trust stock include Avraham Shemesh, Cim Capital, Llc, 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 Skandinaviska Enskilda Banken AB publ , Bank of New York Mellon Corp, Russell Investments Group Ltd., and UBS Group AG.
View insider buying and selling activity for CIM Commercial Trust.

CMCT stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Federated Hermes Inc., Wedbush Securities Inc., New York State Common Retirement Fund, and Nisa Investment Advisors LLC. Company insiders that have bought CIM Commercial Trust stock in the last two years include Avraham Shemesh, Cim Capital, Llc, Cim Service Provider, Llc, David Andrew Thompson, Jan F Salit, and Nathan David Debacker.
View insider buying and selling activity 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 $11.00.

CIM Commercial Trust has a market capitalization of $163.10 million and generates $139.99 million in revenue each year. The real estate investment trust earns $345.67 million in net income (profit) each year or ($0.50) on an earnings per share basis. CIM Commercial Trust employs 5 workers across the globe.

The official website for CIM Commercial Trust is 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]