CIM Commercial Trust is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving urban communities throughout the United States. Its properties are primarily located in Los Angeles, the San Francisco Bay Area and Washington, D.C. CIM Commercial Trust 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 asset management capabilities (www.cimcommercial.com).
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CMCT
CUSIPN/A
Phone972-349-3200
Debt
Debt-to-Equity Ratio1.64
Current Ratio3.95
Quick Ratio3.95
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$236.37 million
Price / Sales2.83
Cash Flow$7.5871 per share
Price / Cash2.01
Book Value$6.84 per share
Price / Book2.23
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$379.73 million
Net Margins85.58%
Return on Equity34.75%
Return on Assets12.59%
Miscellaneous
Employees2
Outstanding Shares43,790,000
Market Cap$667.87
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 Monday, June 4th. Stockholders of record on Friday, June 15th will be given a dividend of $0.125 per share on Thursday, June 28th. This represents a $0.50 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Thursday, June 14th. 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 approved 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 purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.
How were CIM Commercial Trust's earnings last quarter?
CIM Commercial Trust Corp (NASDAQ:CMCT) released its earnings results on Thursday, May, 10th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter. The real estate investment trust earned $48.40 million during 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?
What is the consensus analysts' recommendation for CIM Commercial Trust?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CIM Commercial Trust in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Who are some of CIM Commercial Trust's key competitors?
Some companies that are related to CIM Commercial Trust include STAG Indl Inc/SH SH (STAG), DDR (DDR), Great Portland Estates (GPEAF), Rexford Industrial Realty (REXR), DiamondRock Hospitality (DRH), Washington Real Estate Investment Trust (WRE), Apollo Commercial Real Est. Finance (ARI), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), MGM Growth Properties (MGP), Retail Opportunity Investments (ROIC), Lexington Realty Trust (LXP), QTS Realty Trust Inc Class A (QTS), Select Income REIT (SIR) and Chesapeake Lodging Trust (CHSP).
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?
News articles about CMCT stock have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CIM Commercial Trust earned a media sentiment score of 0.14 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 45.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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 $15.25.
How big of a company is CIM Commercial Trust?
CIM Commercial Trust has a market capitalization of $667.87 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 (NASDAQ 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.
