About CIM Commercial Trust (NASDAQ:CMCT)
CIM Commercial Trust Corporation (NASDAQ: CMCT) is a real estate investment trust (REIT) that principally invests in, owns, and operates Class-A and creative office properties located in high density, high barrier-to-entry urban markets in the United States such as the San Francisco Bay Area, Washington, D.C. and Los Angeles. CIM Commercial Trust is managed by CIM Group, which is comprised of a seasoned team of real estate professionals with extensive expertise including in-house research, acquisition, investment, development, finance, leasing, and asset management. In addition, CIM Commercial Trust also deploys a portion of its capital to its real estate lending platform through its wholly owned subsidiary that originates and services loans under the U.S. Small Business Administration 7(a) Guaranteed Loan Program.
Industry, Sector and Symbol
Industry Real estate investment trusts
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$236.37 million
Price / Sales2.82
Cash Flow$7.5622 per share
Price / Cash2.01
Book Value$8.94 per share
Price / Book1.70
EPS (Most Recent Fiscal Year)N/A
Net Income$379.73 million
Return on Equity34.75%
Return on Assets12.59%
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 announced a quarterly dividend on Tuesday, March 6th. Stockholders of record on Friday, March 16th will be paid a dividend of $0.125 per share on Thursday, March 29th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date is Thursday, March 15th. View CIM Commercial Trust's Dividend History.
How will CIM Commercial Trust's stock buyback program work?
CIM Commercial Trust announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, September 14th 2016, which permits the company to buyback outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its stock is undervalued.
How were CIM Commercial Trust's earnings last quarter?
CIM Commercial Trust Corp (NASDAQ:CMCT) announced its quarterly earnings data on Thursday, May, 10th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter. The real estate investment trust had revenue of $48.40 million for the quarter. CIM Commercial Trust had a return on equity of 34.75% and a net margin of 85.58%. View CIM Commercial Trust's Earnings History.
When is CIM Commercial Trust's next earnings date?
Who are some of CIM Commercial Trust's key competitors?
Some companies that are related to CIM Commercial Trust include Columbia Property Trust (CXP), Great Portland Estates (GPEAF), Education Realty Trust (EDR), Retail Properties of America (RPAI), STAG Industrial (STAG), Rexford Industrial Realty (REXR), CoreCivic (CXW), DiamondRock Hospitality (DRH), Colony NorthStar Credit (CLNC), Apollo Commercial Real Estat (ARI), Washington Real Estate Investment Trust (WRE), MGM Growth Properties (MGP), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC) and Lexington Realty Trust (LXP).
Who are CIM Commercial Trust's key executives?
CIM Commercial Trust's management team includes the folowing people:
- Mr. Charles E. Garner II, Chief Exec. Officer (Age 55)
- Mr. Jan F. Salit, Pres & Sec. (Age 67)
- Mr. David A. Thompson CPA, Chief Financial Officer (Age 54)
- Mr. Jolly Singh, Managing Director of Investments
- Mr. Barry N. Berlin CPA, Exec. VP of Fin. & Accounting, Treasurer and Assistant Sec. (Age 57)
Has CIM Commercial Trust been receiving favorable news coverage?
Press coverage about CMCT stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CIM Commercial Trust earned a daily sentiment score of 0.18 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 47.20 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are CIM Commercial Trust's major shareholders?
Which institutional investors are buying CIM Commercial Trust stock?
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 $15.20.
How big of a company is CIM Commercial Trust?
CIM Commercial Trust has a market capitalization of $667.88 million and generates $236.37 million in revenue each year. CIM Commercial Trust employs 2 workers across the globe.
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 (CMCT)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.
CIM Commercial Trust (NASDAQ:CMCT) Dividend Information
CIM Commercial Trust pays an annual dividend of $0.50 per share, with a dividend yield of 3.29%. CMCT's most recent quarterly dividend payment was Thursday, March 29.
|Most Recent Dividend:||3/29/2018|
|Payout Ratio(s):||6.61% (Based on Cash Flow)|
CIM Commercial Trust (NASDAQ:CMCT) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
CIM Commercial Trust (NASDAQ:CMCT) SEC Filings
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