NYSE:CTT - Catchmark Timber Trust Stock Price, News & Analysis

$10.01
0.00 (0.00 %)
(As of 08/19/2019 06:55 AM ET)
Today's Range
$9.89
Now: $10.01
$10.07
50-Day Range
$9.59
MA: $10.12
$10.72
52-Week Range
$6.71
Now: $10.01
$12.60
Volume146,700 shs
Average Volume142,210 shs
Market Capitalization$490.59 million
P/E RatioN/A
Dividend Yield5.39%
Beta1.25
CatchMark (NYSE: CTT) is a pure play timberland REIT that strives to deliver consistent and predictable per-share cash flow growth through disciplined acquisitions, active management, sustainable harvests and well-timed real estate sales. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.6 million acres* of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina, Tennessee and Texas.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone855-858-9794

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$97.86 million
Book Value$4.80 per share

Profitability

Net Income$-122,010,000.00
Net Margins-180.35%

Miscellaneous

Employees25
Market Cap$490.59 million
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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Catchmark Timber Trust (NYSE:CTT) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, August 1st. Shareholders of record on Friday, August 30th will be paid a dividend of $0.135 per share on Friday, September 13th. This represents a $0.54 annualized dividend and a dividend yield of 5.39%. The ex-dividend date is Thursday, August 29th. View Catchmark Timber Trust's Dividend History.

How were Catchmark Timber Trust's earnings last quarter?

Catchmark Timber Trust Inc (NYSE:CTT) announced its earnings results on Thursday, August, 1st. The financial services provider reported ($0.62) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.58) by $0.04. The financial services provider earned $28.66 million during the quarter, compared to the consensus estimate of $32.30 million. Catchmark Timber Trust had a negative return on equity of 58.86% and a negative net margin of 180.35%. View Catchmark Timber Trust's Earnings History.

When is Catchmark Timber Trust's next earnings date?

Catchmark Timber Trust is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Catchmark Timber Trust.

What price target have analysts set for CTT?

4 brokerages have issued 1-year price objectives for Catchmark Timber Trust's shares. Their forecasts range from $10.50 to $12.00. On average, they expect Catchmark Timber Trust's share price to reach $11.1250 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for Catchmark Timber Trust.

What is the consensus analysts' recommendation for Catchmark Timber Trust?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Catchmark Timber Trust in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Catchmark Timber Trust.

Has Catchmark Timber Trust been receiving favorable news coverage?

News headlines about CTT stock have been trending negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Catchmark Timber Trust earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Catchmark Timber Trust.

Who are some of Catchmark Timber Trust's key competitors?

What other stocks do shareholders of Catchmark Timber Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Catchmark Timber Trust investors own include KKR & Co Inc (KKR), AbbVie (ABBV), ANNALY CAP MGMT/SH (NLY), Tanger Factory Outlet Centers (SKT), Omega Healthcare Investors (OHI), AGNC Investment (AGNC), Intel (INTC), AT&T (T), Weyerhaeuser (WY) and WP Carey (WPC).

Who are Catchmark Timber Trust's key executives?

Catchmark Timber Trust's management team includes the folowing people:
  • Mr. Jerrold Barag, CEO & Director (Age 60)
  • Mr. Brian M. Davis, Pres & CFO (Age 50)
  • Mr. Todd P. Reitz, Sr. VP of Forest Resources & Principal Operating Officer (Age 48)
  • Ms. Lesley H. Solomon J.D., Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. John F. Rasor, Pres of Triple T Timberlands (Age 76)

Who are Catchmark Timber Trust's major shareholders?

Catchmark Timber Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.08%), BlackRock Inc. (7.68%), Pictet Asset Management Ltd. (6.22%), Pictet Asset Management Ltd. (6.22%), Renaissance Technologies LLC (5.93%) and Deprince Race & Zollo Inc. (5.93%). Company insiders that own Catchmark Timber Trust stock include Brian M Davis, Donald S Moss, Douglas Rubenstein, Henry G Zigtema, Jerry Barag, Lesley H Solomon and Paul S Fisher. View Institutional Ownership Trends for Catchmark Timber Trust.

Which major investors are selling Catchmark Timber Trust stock?

CTT stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Vertex One Asset Management Inc., Deprince Race & Zollo Inc., Impax Asset Management Group plc, Real Estate Management Services LLC, Crawford Investment Counsel Inc., Dalton Greiner Hartman Maher & Co. and Pictet Asset Management Ltd.. View Insider Buying and Selling for Catchmark Timber Trust.

Which major investors are buying Catchmark Timber Trust stock?

CTT stock was acquired by a variety of institutional investors in the last quarter, including Chilton Capital Management LLC, Nuveen Asset Management LLC, Renaissance Technologies LLC, Bank of America Corp DE, Vanguard Group Inc., Granite Investment Partners LLC, Securian Asset Management Inc and Envestnet Asset Management Inc.. Company insiders that have bought Catchmark Timber Trust stock in the last two years include Brian M Davis, Donald S Moss, Douglas Rubenstein, Henry G Zigtema, Jerry Barag, Lesley H Solomon and Paul S Fisher. View Insider Buying and Selling for Catchmark Timber Trust.

How do I buy shares of Catchmark Timber Trust?

Shares of CTT 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 Catchmark Timber Trust's stock price today?

One share of CTT stock can currently be purchased for approximately $10.01.

How big of a company is Catchmark Timber Trust?

Catchmark Timber Trust has a market capitalization of $490.59 million and generates $97.86 million in revenue each year. The financial services provider earns $-122,010,000.00 in net income (profit) each year or ($2.55) on an earnings per share basis. Catchmark Timber Trust employs 25 workers across the globe.View Additional Information About Catchmark Timber Trust.

What is Catchmark Timber Trust's official website?

The official website for Catchmark Timber Trust is http://www.catchmark.com/.

How can I contact Catchmark Timber Trust?

Catchmark Timber Trust's mailing address is 5 CONCOURSE PARKWAY SUITE 2650, ATLANTA GA, 30328. The financial services provider can be reached via phone at 855-858-9794 or via email at [email protected]


MarketBeat Community Rating for Catchmark Timber Trust (NYSE CTT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  433
MarketBeat's community ratings are surveys of what our community members think about Catchmark Timber Trust and other stocks. Vote "Outperform" if you believe CTT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2019 by MarketBeat.com Staff

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