NASDAQ:CMCT Creative Media & Community Trust Co. - CMCT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Creative Media & Community Trust Co. Please log in to your account or sign up in order to add this asset to your watchlist. $5.20 -0.13 (-2.44%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.06▼$5.2250-Day Range$4.90▼$6.2352-Week Range$4.79▼$8.31Volume2,290 shsAverage Volume12,964 shsMarket Capitalization$118.40 millionP/E RatioN/ADividend Yield6.54%Price Target$8.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Creative Media & Community Trust Co. MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside53.8% Upside$8.00 Price TargetShort InterestHealthy0.05% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.96Based on 5 Articles This WeekInsider TradingAcquiring Shares$916,575 Bought Last QuarterProj. Earnings Growth173.68%From $0.19 to $0.52 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector86th out of 891 stocksReal Estate Investment Trusts Industry19th out of 191 stocks 3.5 Analyst's Opinion Consensus RatingCreative Media & Community Trust Co. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.00, Creative Media & Community Trust Co. has a forecasted upside of 53.8% from its current price of $5.20.Amount of Analyst CoverageCreative Media & Community Trust Co. has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.05% of the float of Creative Media & Community Trust Co. has been sold short.Short Interest Ratio / Days to CoverCreative Media & Community Trust Co. has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Creative Media & Community Trust Co. has recently increased by 41.03%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipCreative Media & Community Trust Co. is a leading dividend payer. It pays a dividend yield of 6.54%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCreative Media & Community Trust Co. has only been increasing its dividend for 1 years.Dividend SustainabilityBased on earnings estimates, Creative Media & Community Trust Co. will have a dividend payout ratio of 65.38% next year. This indicates that Creative Media & Community Trust Co. will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMCT. Previous Next 2.8 News and Social Media Coverage News SentimentCreative Media & Community Trust Co. has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Creative Media & Community Trust Co. this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Creative Media & Community Trust Co. to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Creative Media & Community Trust Co. insiders have bought more of their company's stock than they have sold. Specifically, they have bought $916,575.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders41.20% of the stock of Creative Media & Community Trust Co. is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 25.44% of the stock of Creative Media & Community Trust Co. is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Creative Media & Community Trust Co. are expected to grow by 173.68% in the coming year, from $0.19 to $0.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Creative Media & Community Trust Co. is -5.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Creative Media & Community Trust Co. is -5.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCreative Media & Community Trust Co. has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Creative Media & Community Trust Co. (NASDAQ:CMCT) StockCreative 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 involvedRead More Receive CMCT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Creative Media & Community Trust Co. and its competitors with MarketBeat's FREE daily newsletter. Email Address CMCT Stock News HeadlinesJanuary 26, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Creative Media & Community Trust Co. (NASDAQ:CMCT)January 12, 2023 | finance.yahoo.comCMCT Declares Preferred Stock DividendsJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou 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.January 9, 2023 | finance.yahoo.comCMCT’s Redemption of its Series L Preferred StockJanuary 4, 2023 | benzinga.comCreative Media Stock (NASDAQ:CMCT), Quotes and News SummaryJanuary 1, 2023 | forbes.comSocial Media, The Paradoxical Freedom Of Speech, And Our Increasingly Defenseless IdentitiesDecember 23, 2022 | finance.yahoo.comCMCT Announces Redemption in Full of Series L Preferred StockDecember 19, 2022 | finance.yahoo.comCMCT Announces Closing of New Credit FacilityJanuary 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 15, 2022 | finance.yahoo.comCMCT Declares Common and Series L Preferred Stock DividendsNovember 22, 2022 | finance.yahoo.comCMCT names John Hope Bryant to its Board of DirectorsNovember 16, 2022 | finance.yahoo.comCreative Media & Community Trust Third Quarter 2022 Earnings: Misses ExpectationsNovember 15, 2022 | seekingalpha.comCreative Media & Community Trust Corporation (CMCT) Q3 2022 Earnings Call TranscriptNovember 15, 2022 | finance.yahoo.comCreative Media & Community Trust Corporation Reports 2022 Third Quarter ResultsNovember 11, 2022 | finance.yahoo.comCreative Media & Community Trust Announces Date for Its Third Quarter 2022 Earnings Release and Conference CallSeptember 10, 2022 | finance.yahoo.comCreative Media & Community Trust Corporation (CMCT)August 15, 2022 | finance.yahoo.comCMCT Announces 9460 Wilshire as New Flagship Rolls-Royce Motor Cars Showroom for Luxury and Exotic Car Dealer O’Gara CoachAugust 9, 2022 | finance.yahoo.comCreative Media & Community Trust Corporation Reports 2022 Second Quarter ResultsAugust 5, 2022 | reuters.comCreative Media & Community Trust CorporationJuly 21, 2022 | finance.yahoo.comCreative Media & Community Trust (NASDAQ:CMCT) shareholders have endured a 57% loss from investing in the stock three years agoJune 21, 2022 | finance.yahoo.comA Creative Media & Community Trust Corporation (NASDAQ:CMCT) insider increased their holdings by 25% last yearJune 10, 2022 | finance.yahoo.comCMCT Declares Common and Preferred Stock DividendsMay 24, 2022 | seekingalpha.comCreative Media & Community Trust announces $10M share repurchase programMay 24, 2022 | finance.yahoo.comCreative Media & Community Trust Announces $10 Million Share Repurchase ProgramMay 19, 2022 | finance.yahoo.comDo Institutions Own Creative Media & Community Trust Corporation (NASDAQ:CMCT) Shares?May 15, 2022 | seekingalpha.comCreative Media & Community Trust Corporation (CMCT) CEO David Thompson on Q1 2022 Earnings Call TranscriptMay 10, 2022 | finance.yahoo.comCreative Media & Community Trust Corporation Reports 2022 First Quarter ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CMCT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Creative Media & Community Trust Co. and its competitors with MarketBeat's FREE daily newsletter. Email Address CMCT Company Calendar Last Earnings5/11/2022Ex-Dividend for 1/9 Dividend12/23/2022Dividend Payable1/09/2023Today1/29/2023Next Earnings (Estimated)3/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CMCT CUSIPN/A CIK908311 Webwww.cimcommercial.com Phone(972) 349-3200Fax323-860-4901Employees5Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.91) Trailing P/E RatioN/A Forward P/E Ratio27.37 P/E GrowthN/ANet Income$-850,000.00 Net Margins5.58% Pretax Margin7.08% Return on Equity10.38% Return on Assets0.84% Debt Debt-to-Equity Ratio5.52 Current Ratio3.44 Quick Ratio3.44 Sales & Book Value Annual Sales$90.93 million Price / Sales1.30 Cash Flow$0.84 per share Price / Cash Flow6.16 Book Value$2.69 per share Price / Book1.93Miscellaneous Outstanding Shares22,770,000Free Float13,389,000Market Cap$118.40 million OptionableNot Optionable Beta0.53 Key ExecutivesDavid ThompsonChief Executive OfficerBarry N. BerlinChief Financial Officer, Secretary & Executive VPSteve T. AltebrandoHead-Investor RelationsJordan DemboChief Legal Officer & Managing DirectorKey CompetitorsLument Finance TrustNYSE:LFTClipper RealtyNYSE:CLPREllington Residential Mortgage REITNYSE:EARNCherry Hill Mortgage InvestmentNYSE:CHMIAG Mortgage Investment TrustNYSE:MITTView All CompetitorsInsiders & InstitutionsCim Capital Real Property ManaBought 36,663 shares on 12/20/2022Total: $916,575.00 ($25.00/share)BlackRock Inc.Sold 5,902 shares on 11/15/2022Ownership: 1.510%Two Sigma Advisers LPSold 10,700 shares on 11/15/2022Ownership: 0.047%Blackstone Inc.Bought 74,381 shares on 11/14/2022Ownership: 0.327%Tudor Investment Corp Et AlSold 4,292 shares on 11/14/2022Ownership: 0.200%View All Insider TransactionsView All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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