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: $478.69 million
- Outstanding Shares: 38,823,000
Average Prices:- 50 Day Moving Avg: $11.59
- 200 Day Moving Avg: $11.47
- 52 Week Range: $10.05 - $12.46
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -30.29
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $88.54 million
- Price / Sales: 5.45
- Book Value: $9.42 per share
- Price / Book: 1.32
Dividend:- Annual Dividend: $0.54
- Dividend Yield: 4.4%
Profitability:- EBIDTA: $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: 96,123 shs.
- Beta: 0.65
- 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. Stockholders of record on Wednesday, August 30th will be paid a dividend of $0.135 per share on Friday, September 15th. This represents a $0.54 annualized dividend and a dividend yield of 4.35%. 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) announced its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.10) by $0.04. The business earned $26.84 million during the quarter, compared to analyst estimates of $22.87 million. CatchMark Timber Trust had a negative return on equity of 3.26% and a negative net margin of 13.85%. View CatchMark Timber Trust's Earnings History.
Who are some of CatchMark Timber Trust's key competitors?
Some companies that are related to CatchMark Timber Trust include Banc of California (BANC), TCP Capital Corp. (TCPC), Customers Bancorp (CUBI), Hanmi Financial Corporation (HAFC), CPB (CPF), Capstead Mortgage Corporation (CMO), Lakeland Bancorp (LBAI), American Capital Mortgage Investment Corp. (MTGE), National Bank Holdings Corporation (NBHC), Kinsale Capital Group (KNSL), State National Companies (SNC), Goldman Sachs BDC (GSBD), United Financial Bancorp (UBNK), MainSource Financial Group (MSFG), Moneygram International (MGI), Solar Capital (SLRC), Starwood Waypoint Residential Trust (SWAY) and OceanFirst Financial Corp. (OCFC).
Who owns CatchMark Timber Trust stock?
CatchMark Timber Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Davis Selected Advisers (5.71%), Vanguard Group Inc. (4.67%), Pictet Asset Management Ltd. (4.54%), Deprince Race & Zollo Inc. (3.89%), Investment Counselors of Maryland LLC (3.74%) and Bank of Montreal Can (2.86%). Company insiders that own CatchMark Timber Trust stock include Brian M Davis, Donald S Moss, Douglas Rubenstein and Paul S Fisher. View Institutional Ownership Trends for CatchMark Timber Trust.
Who sold CatchMark Timber Trust stock? Who is selling CatchMark Timber Trust stock?
CatchMark Timber Trust's stock was sold by a variety of institutional investors in the last quarter, including Davis Selected Advisers, Ranger Global Real Estate Advisors LLC, Pictet Asset Management Ltd., Russell Investments Group Ltd., Gruss Capital Management LP, Dalton Greiner Hartman Maher & Co., Huber Capital Management LLC and Manning & Napier Advisors LLC. View Insider Buying and Selling for CatchMark Timber Trust.
Who bought CatchMark Timber Trust stock? Who is buying CatchMark Timber Trust stock?
CatchMark Timber Trust's stock was bought by a variety of institutional investors in the last quarter, including Pax World Management LLC, Real Estate Management Services LLC, Zacks Investment Management, Vanguard Group Inc., Citadel Advisors LLC, Martingale Asset Management L P, TIAA CREF Investment Management LLC and State Street Corp. Company insiders that have bought CatchMark Timber Trust stock in the last two years include Brian M Davis, Donald S Moss, Douglas Rubenstein and Paul S Fisher. View Insider Buying and Selling for CatchMark Timber Trust.
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 $12.42.
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.
Consensus Ratings for CatchMark Timber Trust (NYSE:CTT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for CatchMark Timber Trust (NYSE:CTT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/6/2016 | Stifel Nicolaus | Lower Price Target | Buy | $14.00 -> $13.00 | N/A |  |
| 3/9/2016 | Robert W. Baird | Lower Price Target | Outperform | $14.00 -> $12.00 | N/A | |
| 11/25/2015 | Royal Bank Of Canada | Reiterated Rating | Underperform | $8.20 -> $7.70 | N/A | |
(Data available from 9/23/2015 forward)
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: $-0.41 EPS
Current Dividend Information for CatchMark Timber Trust (NYSE:CTT)| Most Recent Dividend: | 9/15/2017 |
| Annual Dividend: | $0.54 |
| Dividend Yield: | 4.35% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | -174.19% (Trailing 12 Months of Earnings)
-150.00% (Based on This Year's Estimates)
-131.71% (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 |
|---|
 | Analysts Anticipate CatchMark Timber Trust, Inc. (CTT) Will Post Quarterly Sales of $20.89 Million
www.americanbankingnews.com - September 20 at 4:58 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 |
| CatchMark Timber Trust, Inc. (NYSE:CTT) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - August 10 at 9:06 PM |
| CatchMark Timber Trust, Inc. (CTT) Upgraded at Zacks Investment Research
www.americanbankingnews.com - August 8 at 9:34 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 |
| Zacks: Analysts Anticipate CatchMark Timber Trust, Inc. (CTT) Will Announce Earnings of -$0.10 Per Share
www.americanbankingnews.com - July 25 at 10:41 AM |
| 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 |
| Zacks Investment Research Lowers CatchMark Timber Trust, Inc. (CTT) to Hold
www.americanbankingnews.com - July 10 at 11:00 PM |
| CatchMark Scheduled to Release Second Quarter 2017 Earnings on August 3, 2017
finance.yahoo.com - July 5 at 6:24 PM |
| Zacks: Analysts Anticipate CatchMark Timber Trust, Inc. (CTT) Will Announce Quarterly Sales of $22.87 Million
www.americanbankingnews.com - June 30 at 11:23 AM |
| CatchMark Timber Trust, Inc. (CTT) Expected to Announce Earnings of -$0.10 Per Share
www.americanbankingnews.com - June 28 at 10:04 PM |
| Contrasting Patrick Industries (PATK) & CatchMark Timber Trust (CTT)
www.americanbankingnews.com - June 25 at 6:38 PM |
| Critical Contrast: CatchMark Timber Trust (CTT) versus Patrick Industries (PATK)
www.americanbankingnews.com - June 24 at 8:15 AM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bearish Manner : CTT-US : June 20, 2017
finance.yahoo.com - June 20 at 5:14 PM |
| Reviewing Enviva Partners, (EVA) and CatchMark Timber Trust (CTT)
www.americanbankingnews.com - June 18 at 8:24 PM |
| 3 Top Dividend Stocks in Lumber
finance.yahoo.com - June 16 at 4:35 AM |
| Analysts Anticipate Catchmark Timber Trust Inc (CTT) Will Announce Quarterly Sales of $22.87 Million
www.americanbankingnews.com - June 4 at 7:43 AM |
 | 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 (CTT) Expected to Announce Earnings of -$0.11 Per Share
www.americanbankingnews.com - June 2 at 8:30 PM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bullish Manner : CTT-US : June 2, 2017
finance.yahoo.com - June 2 at 6:05 PM |
| CatchMark Timber Trust (CTT): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - May 26 at 5:06 PM |
| CatchMark President/CEO to Present at REITWeek in New York
finance.yahoo.com - May 26 at 5:06 PM |
| Catchmark Timber Trust Inc (CTT) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 10 at 8:56 PM |
| Zacks: Analysts Expect Catchmark Timber Trust Inc (CTT) Will Post Earnings of -$0.13 Per Share
www.americanbankingnews.com - May 9 at 10:07 AM |
| Edited Transcript of CTT earnings conference call or presentation 5-May-17 2:00pm GMT
finance.yahoo.com - May 6 at 7:46 AM |
| CatchMark Timber Trust, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 5 at 9:48 PM |
| Catchmark Timber Trust Inc (CTT) Announces Quarterly Dividend of $0.14
www.americanbankingnews.com - May 5 at 6:02 PM |
| Catchmark Timber Trust Inc (CTT) Announces Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - May 5 at 4:40 PM |
| Catchmark Timber Trust (CTT) Declares $0.135 Quarterly Dividend; 4.6% Yield
www.streetinsider.com - May 4 at 9:46 PM |
| CatchMark reports 1Q loss
finance.yahoo.com - May 4 at 9:46 PM |
| CatchMark Reports First Quarter 2017 Results and Declares Dividend
finance.yahoo.com - May 4 at 4:45 PM |
| Catchmark Timber Trust (CTT) Earns News Sentiment Rating of 0.32
www.americanbankingnews.com - May 3 at 10:14 PM |
| Catchmark Timber Trust (CTT) Earning Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 29 at 9:15 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 (CTT) Chart for Saturday, September, 23, 2017
