About CatchMark Timber Trust (NYSE:CTT)
CatchMark Timber Trust, Inc. is a real estate company investing in timberlands. The Company primarily engages in the ownership, management, acquisition and disposition of timberlands located in the United States. It is focused on investing in timberlands and to manage such assets to provide current income and attractive long-term returns to its stockholders. It owns all its properties and other investments through its operating partnership. The Company generates its income from the harvest and sale of timber, as well as from non-timber related revenue sources, such as recreational leases. In April 2014, the Company acquired 36,300 acres of timberland (known as the Waycross-Panola properties) located in Southeast Georgia and East Texas from Hancock Timber Resource Group. Approximately 55,600 acres of prime timberlands, known as Oglethorpe and Satilla River, add 2.7 million tons of timber to the Company's merchantable inventory.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Lumber, Wood Production
- Sub-Industry: N/A
- Symbol: NYSE:CTT
- CUSIP: N/A
- Web: www.catchmark.com
Capitalization:- Market Cap: $538.73 million
- Outstanding Shares: 38,823,000
Average Prices:- 50 Day Moving Avg: $12.39
- 200 Day Moving Avg: $11.74
- 52 Week Range: $10.05 - $13.11
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -32.33
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $88.54 million
- Price / Sales: 5.53
- Book Value: $9.42 per share
- Price / Book: 1.34
Dividend:- Annual Dividend: $0.54
- Dividend Yield: 4.3%
Profitability:- EBITDA: $25.93 million
- Net Margins: -13.85%
- Return on Equity: -3.26%
- Return on Assets: -1.75%
Debt:- Debt-to-Equity Ratio: 0.91%
- Current Ratio: 0.74%
- Quick Ratio: 0.74%
Misc:- Average Volume: 146,563 shs.
- Beta: 0.68
- Short Ratio: 2.59
Frequently Asked Questions for CatchMark Timber Trust (NYSE:CTT)
What is CatchMark Timber Trust's stock symbol?
CatchMark Timber Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTT."
How often does CatchMark Timber Trust pay dividends? What is the dividend yield for CatchMark Timber Trust?
CatchMark Timber Trust declared a quarterly dividend on Friday, August 4th. Shareholders of record on Wednesday, August 30th will be given a dividend of $0.135 per share on Friday, September 15th. This represents a $0.54 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date is Monday, August 28th. View CatchMark Timber Trust's Dividend History.
How were CatchMark Timber Trust's earnings last quarter?
CatchMark Timber Trust, Inc. (NYSE:CTT) released its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.10) by $0.04. The business had revenue of $26.84 million for the quarter, compared to analyst estimates of $22.87 million. CatchMark Timber Trust had a negative net margin of 13.85% and a negative return on equity of 3.26%. View CatchMark Timber Trust's Earnings History.
Where is CatchMark Timber Trust's stock going? Where will CatchMark Timber Trust's stock price be in 2017?
1 analysts have issued 1 year price targets for CatchMark Timber Trust's stock. Their predictions range from $12.50 to $12.50. On average, they expect CatchMark Timber Trust's share price to reach $12.50 in the next year. View Analyst Ratings for CatchMark Timber Trust.
Who are some of CatchMark Timber Trust's key competitors?
Some companies that are related to CatchMark Timber Trust include New Mountain Finance Corporation (NMFC), Seacoast Banking Corporation of Florida (SBCF), Ramco-Gershenson Properties Trust (RPT), Universal Health Realty Income Trust (UHT), Compass Diversified Holdings (CODI), Infinity Property and Casualty Corporation (IPCC), Hercules Capital (HTGC), Meridian Bancorp (EBSB), Marcus & Millichap (MMI), First BanCorp. (FBP), Sandy Spring Bancorp (SASR), Customers Bancorp (CUBI), Banc of California (BANC), Enterprise Financial Services Corporation (EFSC), Hanmi Financial Corporation (HAFC), Washington Trust Bancorp (WASH), InfraREIT (HIFR) and CPB (CPF).
How do I buy CatchMark Timber Trust stock?
Shares of CatchMark Timber Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CatchMark Timber Trust's stock price today?
One share of CatchMark Timber Trust stock can currently be purchased for approximately $12.61.
MarketBeat Community Rating for CatchMark Timber Trust (NYSE CTT)MarketBeat's community ratings are surveys of what our community members think about CatchMark Timber Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for CatchMark Timber Trust (NYSE:CTT)Earnings History by Quarter for CatchMark Timber Trust (NYSE CTT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/3/2017 | Q2 2017 | ($0.10) | ($0.06) | $22.87 million | $26.84 million | View | Listen |  |
| 5/4/2017 | Q1 | ($0.08) | ($0.05) | $25.51 million | $23.13 million | View | Listen | |
| 2/16/2017 | Q416 | ($0.11) | ($0.13) | $18.80 million | $20.40 million | View | N/A | |
| 11/3/2016 | Q316 | ($0.11) | ($0.07) | $7.55 million | $18.30 million | View | N/A | |
| 8/8/2016 | Q216 | ($0.08) | ($0.07) | $14.20 million | $16.00 million | View | N/A | |
| 5/5/2016 | Q116 | ($0.06) | ($0.02) | $7.55 million | $27.20 million | View | N/A | |
| 3/7/2016 | Q415 | ($0.08) | ($0.08) | $7.55 million | $17.10 million | View | N/A | |
| 11/2/2015 | Q315 | $0.17 | $0.20 | $7.55 million | $17.60 million | View | N/A | |
| 8/3/2015 | Q215 | $0.08 | ($0.06) | $7.55 million | $14.20 million | View | N/A | |
| 2/23/2015 | Q414 | $0.21 | $0.16 | $7.60 million | $20.90 million | View | N/A | |
| 8/14/2014 | Q214 | ($0.02) | ($0.01) | $9.30 million | $11.90 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for CatchMark Timber Trust (NYSE:CTT)Current Year EPS Consensus Estimate: $-0.36 EPS
Next Year EPS Consensus Estimate: $-0.39 EPS
Current Dividend Information for CatchMark Timber Trust (NYSE:CTT)| Most Recent Dividend: | 9/15/2017 |
| Annual Dividend: | $0.54 |
| Dividend Yield: | 4.28% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | -174.19% (Trailing 12 Months of Earnings)
-150.00% (Based on This Year's Estimates)
-138.46% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
Dividend History by Quarter for CatchMark Timber Trust (NYSE CTT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/4/2017 | quarterly | $0.14 | 4.6% | 8/28/2017 | 8/30/2017 | 9/15/2017 |
| 5/5/2017 | quarterly | $0.14 | 4.6% | 5/26/2017 | 5/31/2017 | 6/16/2017 |
| 2/17/2017 | quarterly | $0.14 | 4.98% | 2/24/2017 | 2/28/2017 | 3/16/2017 |
| 11/4/2016 | quarterly | $0.14 | 5.07% | 11/16/2016 | 11/20/2016 | 12/16/2016 |
| 8/10/2016 | quarterly | $0.14 | 4.42% | 8/26/2016 | 8/30/2016 | 9/16/2016 |
| 5/6/2016 | quarterly | $0.14 | 4.93% | 5/25/2016 | 5/27/2016 | 6/16/2016 |
| 2/18/2016 | quarterly | $0.13 | 4.51% | 2/25/2016 | 2/29/2016 | 3/16/2016 |
| 11/4/2015 | quarterly | $0.13 | 4.5% | 11/24/2015 | 11/27/2015 | 12/14/2015 |
| 8/4/2015 | quarterly | $0.13 | 4.55% | 8/26/2015 | 8/28/2015 | 9/14/2015 |
| 5/5/2015 | quarterly | $0.13 | 4.2% | 5/27/2015 | 5/29/2015 | 6/15/2015 |
| 2/20/2015 | quarterly | $0.13 | 4.25% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
| 11/17/2014 | quarterly | $0.13 | 4.58% | 11/24/2014 | 11/26/2014 | 12/15/2014 |
| 6/2/2014 | quarterly | $0.13 | 3.72% | 8/27/2014 | 8/29/2014 | 9/15/2014 |
| 5/15/2014 | quarterly | $0.11 | 3.34% | 5/28/2014 | 5/30/2014 | 6/16/2014 |
| 12/20/2013 | special | $0.11 | | 2/26/2014 | 2/28/2014 | 3/17/2014 |
| 12/19/2013 | quarterly | $0.11 | | 2/26/2014 | 2/28/2014 | 3/17/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for CatchMark Timber Trust (NYSE:CTT)Insider Ownership Percentage: 1.20%
Institutional Ownership Percentage: 70.15%
Insider Trades by Quarter for CatchMark Timber Trust (NYSE:CTT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 2/28/2017 | Brian M Davis | CFO | Buy | 1,500 | $10.75 | $16,125.00 | |
| 2/27/2017 | Paul S Fisher | Director | Buy | 5,000 | $10.86 | $54,300.00 | |
| 2/23/2017 | Donald S Moss | Director | Buy | 2,000 | $10.69 | $21,380.00 | |
| 11/8/2016 | Douglas Rubenstein | Director | Buy | 5,000 | $10.93 | $54,650.00 | |
| 8/22/2016 | Brian M Davis | CFO | Buy | 3,500 | $11.70 | $40,950.00 | |
| 9/15/2015 | Donald S Moss | Director | Buy | 2,000 | $9.97 | $19,940.00 | |
| 8/13/2015 | Donald S Moss | Director | Buy | 2,000 | $10.79 | $21,580.00 | |
| 2/26/2015 | Donald S Moss | Director | Buy | 6,500 | $11.68 | $75,920.00 | |
| 12/16/2014 | Henry G Zigtema | Director | Buy | 2,000 | $10.67 | $21,340.00 | |
| 9/15/2014 | Henry G Zigtema | Director | Buy | 1,000 | $11.25 | $11,250.00 | |
| 9/11/2014 | Jerry Barag | CEO | Buy | 1,750 | $11.63 | $20,352.50 | |
| 9/5/2014 | Henry G Zigtema | Director | Buy | 1,000 | $11.89 | $11,890.00 | |
| 5/19/2014 | Donald S Moss | Director | Buy | 1,125 | $14,969.80 | $16,841,025.00 | |
| 12/17/2013 | Donald S Moss | Director | Buy | 7,406 | $13.50 | $99,981.00 | |
| 12/17/2013 | Jerry Barag | CEO | Buy | 22,221 | $13.50 | $299,983.50 | |
| 12/17/2013 | John F Rasor | COO | Buy | 18,518 | $13.50 | $249,993.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for CatchMark Timber Trust (NYSE:CTT)
Latest Headlines for CatchMark Timber Trust (NYSE:CTT)
| Source: |
|
| Date | Headline |
|---|
 | CatchMark Timber Trust, Inc. (CTT) Downgraded by Zacks Investment Research
www.americanbankingnews.com - October 18 at 7:40 PM |
 | CatchMark Announces Exercise of Overallotment Option and Closing of Public Offering of Class A Common Stock
finance.yahoo.com - October 17 at 6:25 PM |
| CatchMark Timber Trust, Inc. (CTT) Price Target Cut to $12.50 by Analysts at Stifel Nicolaus
www.americanbankingnews.com - October 16 at 4:12 PM |
 | BRIEF-Catchmark announces pricing of public offering of Class A common stock
www.reuters.com - October 14 at 10:28 PM |
 | Catchmark Timber Trust (CTT) Prices 4M Shares Common Offering at $12.35/Sh
www.streetinsider.com - October 14 at 5:26 PM |
| CatchMark Announces Pricing of Public Offering of Class A Common Stock
finance.yahoo.com - October 13 at 6:12 PM |
| Catchmark Timber Trust (CTT) ot Purchase 12,923 Acres of Timberlands in Southeast Georgia Coast for $43.3M
www.streetinsider.com - October 12 at 11:27 PM |
| BRIEF-CatchMark reports launch of public offering of Class A common stock
www.reuters.com - October 12 at 6:26 PM |
 | Catchmark Timber Trust Reaches Analyst Target Price
www.thestreet.com - October 12 at 6:26 PM |
| CatchMark Agrees to $43.3 Million Acquisition of 14,923 Acres of Prime Timberlands near Southeast Georgia Coast
finance.yahoo.com - October 12 at 6:26 PM |
| CatchMark Announces Launch of Public Offering of Class A Common Stock
finance.yahoo.com - October 12 at 6:26 PM |
| CatchMark Scheduled to Release Third Quarter 2017 Earnings on November 2, 2017
finance.yahoo.com - October 11 at 4:41 PM |
| Analysts Anticipate CatchMark Timber Trust, Inc. (CTT) Will Post Quarterly Sales of $20.89 Million
www.americanbankingnews.com - October 8 at 1:26 AM |
| CatchMark Timber Trust, Inc. (CTT) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - October 6 at 9:08 PM |
| CatchMark Reports Limited Impact on Operations from Recent Storms
finance.yahoo.com - September 18 at 5:37 PM |
| $20.89 Million in Sales Expected for CatchMark Timber Trust, Inc. (CTT) This Quarter
www.americanbankingnews.com - September 1 at 3:48 AM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bearish Manner : CTT-US : August 29, 2017
finance.yahoo.com - August 29 at 6:01 PM |
| Cash Dividend On The Way From Catchmark Timber Trust (CTT)
www.thestreet.com - August 24 at 5:47 PM |
| See what the IHS Markit Score report has to say about CatchMark Timber Trust Inc.
finance.yahoo.com - August 22 at 6:11 PM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bullish Manner : CTT-US : August 15, 2017
finance.yahoo.com - August 15 at 6:19 PM |
| Edited Transcript of CTT earnings conference call or presentation 4-Aug-17 2:00pm GMT
finance.yahoo.com - August 4 at 10:54 PM |
| CatchMark Timber Trust, Inc. (NYSE:CTT) Issues Quarterly Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - August 4 at 10:28 PM |
| CatchMark Timber Trust, Inc. (NYSE:CTT) to Issue Quarterly Dividend of $0.14
www.americanbankingnews.com - August 4 at 6:23 PM |
| Catchmark Timber Trust (CTT) Declares $0.135 Quarterly Dividend; 4.8% Yield
www.streetinsider.com - August 4 at 5:53 PM |
 | CatchMark Timber Trust's (CTT) CEO Jerry Barag on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 4 at 5:53 PM |
| Investor Network: CatchMark Timber Trust, Inc. to Host Earnings Call
finance.yahoo.com - August 4 at 5:53 PM |
| CatchMark Reports Solid Increase in Revenues for Second Quarter 2017 and Declares Dividend
finance.yahoo.com - August 3 at 7:05 PM |
| CatchMark reports 2Q loss
finance.yahoo.com - August 3 at 7:05 PM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bearish Manner : CTT-US : July 31, 2017
finance.yahoo.com - July 31 at 5:29 PM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bearish Manner : CTT-US : July 31, 2017
finance.yahoo.com - July 31 at 5:29 PM |
| CatchMark Timber Trust, Inc. (CTT) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - July 31 at 8:14 AM |
| CatchMark Timber Trust, Inc. (NYSE:CTT) Expected to Post Quarterly Sales of $22.87 Million
www.americanbankingnews.com - July 27 at 4:44 PM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bullish Manner : CTT-US : July 18, 2017
finance.yahoo.com - July 18 at 7:08 PM |
| CatchMark Scheduled to Release Second Quarter 2017 Earnings on August 3, 2017
finance.yahoo.com - July 5 at 6:24 PM |
| BRIEF-Catchmark Timber Trust files for mixed shelf of up to $600 mln
www.reuters.com - June 2 at 11:07 PM |
| CatchMark Timber Trust, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 5 at 9:48 PM |
| Catchmark Timber Trust (CTT) Declares $0.135 Quarterly Dividend; 4.6% Yield
www.streetinsider.com - May 4 at 9:46 PM |
| Catchmark Timber Trust (CTT) Form JV with MPERS to Acquire North Georgia Timberlands
www.streetinsider.com - April 28 at 3:09 AM |
| CATCHMARK TIMBER TRUST, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 6 at 10:19 AM |
| CATCHMARK TIMBER TRUST, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 3 at 4:36 PM |
 | CatchMark Timber Trust, Inc. (CTT) Ex-Dividend Date Scheduled for February 24 ...
www.nasdaq.com - February 24 at 12:05 PM |
| Catchmark Timber Trust (CTT) Misses Q4 EPS by 2c, Reports Increased Dividend By 6% Vs 2015
www.streetinsider.com - February 18 at 9:28 AM |
| CatchMark Timber Trust's (CTT) CEO Jerry Barag on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 17 at 3:37 PM |
| CATCHMARK TIMBER TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - February 16 at 11:31 PM |
| CATCHMARK TIMBER TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - February 16 at 11:31 PM |
| BRIEF-CatchMark Timber Trust Q4 rev. $20.4 mln versus $17.1 mln
www.reuters.com - February 16 at 6:31 PM |
| BRIEF-Catchmark reports Q4 revenue $20.4 million
www.reuters.com - February 16 at 6:31 PM |
 | CatchMark Registers Strong Year-Over-Year Results for Full-Year 2016 and Fourth Quarter; Declares Dividend
www.bizjournals.com - February 16 at 6:31 PM |
| Q4 2016 CatchMark Timber Trust Inc Earnings Release - After Market Close
biz.yahoo.com - February 16 at 1:28 PM |
| Catchmark Timber Trust (CTT) Shares Cross Below 200 DMA
www.thestreet.com - January 7 at 10:17 PM |
CatchMark Timber Trust (CTT) Chart for Saturday, October, 21, 2017
