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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
NASDAQ:CMCT

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

$5.20
-0.13 (-2.44%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$5.06
$5.22
50-Day Range
$4.90
$6.23
52-Week Range
$4.79
$8.31
Volume
2,290 shs
Average Volume
12,964 shs
Market Capitalization
$118.40 million
P/E Ratio
N/A
Dividend Yield
6.54%
Price Target
$8.00

Creative Media & Community Trust Co. MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
53.8% Upside
$8.00 Price Target
Short Interest
Healthy
0.05% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of Creative Media & Community Trust Co. in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$916,575 Bought Last Quarter
Proj. Earnings Growth
173.68%
From $0.19 to $0.52 Per Share

Overall MarketRank

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

2.87 out of 5 stars

Finance Sector

86th out of 891 stocks

Real Estate Investment Trusts Industry

19th out of 191 stocks


CMCT stock logo

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

Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. The company invests in creative offices, acquiring and developing properties catering to rapidly growing industries such as technology, media, and entertainment. CMCT seeks to apply the expertise of the CIM Group to the acquisition, development, and operation of top-tier multifamily properties situated in dynamic markets with similar business and employment characteristics to its creative office investments. CMCT 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. Creative Media & Community Trust Corp. operates through the following segments: Office, Hotel, and Lending. The Office segment consists of the rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment is involved

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CMCT Stock News Headlines

CMCT Declares Preferred Stock Dividends
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
CMCT’s Redemption of its Series L Preferred Stock
CMCT Announces Closing of New Credit Facility
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
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
See More Headlines
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CMCT Company Calendar

Last Earnings
5/11/2022
Ex-Dividend for 1/9 Dividend
12/23/2022
Dividend Payable
1/09/2023
Today
1/29/2023
Next Earnings (Estimated)
3/15/2023
Fiscal Year End
12/31/2023

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
+53.8%
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
$0.84 per share
Book Value
$2.69 per share

Miscellaneous

Free Float
13,389,000
Market Cap
$118.40 million
Optionable
Not Optionable
Beta
0.53

Key Executives

  • David Thompson
    Chief Executive Officer
  • Barry N. Berlin
    Chief Financial Officer, Secretary & Executive VP
  • Steve T. Altebrando
    Head-Investor Relations
  • Jordan Dembo
    Chief Legal Officer & Managing Director













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 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.

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

2 brokers have issued 1 year target prices for Creative Media & Community Trust Co.'s shares. Their CMCT share price forecasts range from $8.00 to $8.00. On average, they anticipate the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 53.8% 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 2023?

Creative Media & Community Trust Co.'s stock was trading at $4.90 at the beginning of 2023. Since then, CMCT shares have increased by 6.1% and is now trading at $5.20.
View the best growth stocks for 2023 here
.

Are investors shorting Creative Media & Community Trust Co.?

Creative Media & Community Trust Co. saw a increase in short interest in January. As of January 15th, there was short interest totaling 5,500 shares, an increase of 41.0% from the December 31st total of 3,900 shares. Based on an average daily volume of 15,700 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company's stock are sold short.
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) announced its quarterly 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 in the previous year, the firm posted ($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. declared a quarterly dividend on Thursday, December 15th. Shareholders of record on Tuesday, December 27th will be given a dividend of $0.085 per share on Monday, January 9th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.54%. The ex-dividend date is Friday, December 23rd.
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 6.54%. 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?

Creative Media & Community Trust Co.'s stock 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.

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."

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 $5.20.

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

Creative Media & Community Trust Co. (NASDAQ:CMCT) has a market capitalization of $118.40 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 1/29/2023 by MarketBeat.com Staff