NASDAQ:CMCT - CIM Commercial Trust Stock Price, News & Analysis

$21.80
-0.50 (-2.24 %)
(As of 08/18/2019 01:22 PM ET)
Today's Range
$21.61
Now: $21.80
$22.25
50-Day Range
$19.97
MA: $20.67
$22.74
52-Week Range
$12.90
Now: $21.80
$23.10
Volume35,600 shs
Average Volume13,919 shs
Market Capitalization$955.06 million
P/E RatioN/A
Dividend Yield2.24%
Beta0.09
CIM Commercial 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. Its properties are primarily located in Los Angeles, the San Francisco Bay Area and Washington, DC CIM Commercial 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.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CMCT
CUSIPN/A
Phone972-349-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$197.72 million
Cash Flow$1.1590 per share
Book Value$15.61 per share

Profitability

Net Income$1.12 million

Miscellaneous

Employees5
Market Cap$955.06 million
Next Earnings Date11/12/2019 (Estimated)
OptionableNot Optionable

Receive CMCT News and Ratings via Email

Sign-up to receive the latest news and ratings for CMCT and its competitors with MarketBeat's FREE daily newsletter.


CIM Commercial Trust (NASDAQ:CMCT) Frequently Asked Questions

What is CIM Commercial Trust's stock symbol?

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

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

CIM Commercial Trust declared a quarterly dividend on Thursday, August 8th. Stockholders of record on Friday, September 6th will be given a dividend of $0.075 per share on Wednesday, September 18th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, September 5th. View CIM Commercial Trust's Dividend History.

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

Shares of CIM Commercial Trust reverse split on Tuesday, September 3rd 2019. The 1-3 reverse split was announced on Thursday, August 8th 2019. The number of shares owned by shareholders will be 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.

How were CIM Commercial Trust's earnings last quarter?

CIM Commercial Trust Corp (NASDAQ:CMCT) posted its quarterly earnings data on Tuesday, November, 13th. The real estate investment trust reported ($0.10) EPS for the quarter. The real estate investment trust earned $47.64 million during the quarter. CIM Commercial Trust had a return on equity of 1.77% and a net margin of 188.53%. View CIM Commercial Trust's Earnings History.

When is CIM Commercial Trust's next earnings date?

CIM Commercial Trust is scheduled to release their next quarterly earnings announcement on Tuesday, November 12th 2019. View Earnings Estimates for CIM Commercial Trust.

Has CIM Commercial Trust been receiving favorable news coverage?

Headlines about CMCT stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CIM Commercial Trust earned a news impact score of -2.3 on InfoTrie's scale. They also gave news headlines 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 News Stories for CIM Commercial Trust.

Are investors shorting CIM Commercial Trust?

CIM Commercial Trust saw a increase in short interest in July. As of July 15th, there was short interest totalling 85,800 shares, an increase of 555.0% from the June 15th total of 13,100 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 6.0 days. Currently, 2.2% of the company's stock are sold short. View CIM Commercial Trust's Current Options Chain.

Who are some of CIM Commercial Trust's key competitors?

What other stocks do shareholders of CIM Commercial Trust own?

Who are CIM Commercial Trust's key executives?

CIM Commercial Trust's management team includes the folowing people:
  • Mr. David A. Thompson CPA, CPA, Chief Exec. Officer (Age 55)
  • Mr. Jan F. Salit, Pres & Sec. (Age 68)
  • Mr. Nathan David DeBacker, Chief Financial Officer (Age 39)
  • Mr. Jolly Singh, Managing Director of Investments
  • Mr. Barry N. Berlin, Exec. VP of Fin. & Accounting, Treasurer and Assistant Sec. (Age 58)

Who are CIM Commercial Trust's major shareholders?

CIM Commercial Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.52%), Wedbush Securities Inc. (0.31%), Vanguard Group Inc. (0.11%), Bank of New York Mellon Corp (0.09%), Panagora Asset Management Inc. (0.08%) and Northern Trust Corp (0.05%). View Institutional Ownership Trends for CIM Commercial Trust.

Which institutional investors are selling CIM Commercial Trust stock?

CMCT stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc. and Wedbush Securities Inc.. View Insider Buying and Selling for CIM Commercial Trust.

Which institutional investors are buying CIM Commercial Trust stock?

CMCT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Panagora Asset Management Inc., Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Morgan Stanley, Northern Trust Corp, Nisa Investment Advisors LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for CIM Commercial Trust.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CIM Commercial Trust's stock price today?

One share of CMCT stock can currently be purchased for approximately $21.80.

How big of a company is CIM Commercial Trust?

CIM Commercial Trust has a market capitalization of $955.06 million and generates $197.72 million in revenue each year. CIM Commercial Trust employs 5 workers across the globe.View Additional Information About CIM Commercial Trust.

What is CIM Commercial Trust's official website?

The official website for CIM Commercial Trust is http://www.cimcommercial.com/.

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 or via email at [email protected]


MarketBeat Community Rating for CIM Commercial Trust (NASDAQ CMCT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  287
MarketBeat's community ratings are surveys of what our community members think about CIM Commercial Trust and other stocks. Vote "Outperform" if you believe CMCT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMCT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel