CatchMark Timber Trust Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CatchMark Timber Trust in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CatchMark Timber Trust stock.
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CatchMark Timber Trust saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 995,500 shares, an increase of 22.4% from the May 13th total of 813,600 shares. Based on an average daily volume of 218,600 shares, the short-interest ratio is currently 4.6 days. Currently, 2.1% of the shares of the stock are short sold.
View CatchMark Timber Trust's Short Interest.

CatchMark Timber Trust is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for CatchMark Timber Trust.

CatchMark Timber Trust, Inc. (NYSE:CTT) issued its earnings results on Thursday, May, 6th. The financial services provider reported ($0.01) EPS for the quarter, beating the Zacks' consensus estimate of ($0.04) by $0.03. CatchMark Timber Trust had a negative trailing twelve-month return on equity of 10.14% and a negative net margin of 13.18%.
View CatchMark Timber Trust's earnings history.

CatchMark Timber Trust's stock was trading at $7.46 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CTT shares have increased by 58.8% and is now trading at $11.85.
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CatchMark Timber Trust announced a quarterly dividend on Thursday, May 6th. Investors of record on Friday, May 28th will be given a dividend of $0.135 per share on Tuesday, June 15th. This represents a $0.54 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend is Thursday, May 27th.
View CatchMark Timber Trust's dividend history.

CatchMark Timber Trust pays an annual dividend of $0.54 per share and currently has a dividend yield of 4.50%. CTT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View CatchMark Timber Trust's dividend history.

6 brokers have issued 12 month target prices for CatchMark Timber Trust's stock. Their forecasts range from $11.00 to $13.50. On average, they expect CatchMark Timber Trust's stock price to reach $12.60 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
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Some companies that are related to CatchMark Timber Trust include American Assets Trust (AAT), Apollo Commercial Real Estate Finance (ARI), Service Properties Trust (SVC), CareTrust REIT (CTRE), Washington Real Estate Investment Trust (WRE), Retail Opportunity Investments (ROIC), Empire State Realty Trust (ESRT), DiamondRock Hospitality (DRH), Four Corners Property Trust (FCPT), Columbia Property Trust (CXP), Two Harbors Investment (TWO), MFA Financial (MFA), PennyMac Mortgage Investment Trust (PMT), Tanger Factory Outlet Centers (SKT) and Acadia Realty Trust (AKR).
View all of CTT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CatchMark Timber Trust investors own include KKR & Co. Inc. (KKR), AbbVie (ABBV), Medical Properties Trust (MPW), Tanger Factory Outlet Centers (SKT), Energy Transfer (ET), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), AGNC Investment (AGNC), Ford Motor (F) and Intel (INTC).

CatchMark Timber Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTT."

CatchMark Timber Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.62%), Renaissance Technologies LLC (5.89%), Investment Counselors of Maryland LLC (5.04%), Geode Capital Management LLC (2.10%), Nuveen Asset Management LLC (2.08%) and Bank of Montreal Can (1.47%). Company insiders that own CatchMark Timber Trust stock include Brian M Davis and Ursula Godoy-Arbelaez.
View institutional ownership trends for CatchMark Timber Trust.

CTT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Millennium Management LLC, Arrowstreet Capital Limited Partnership, Royal Bank of Canada, D. E. Shaw & Co. Inc., Northern Trust Corp, Russell Investments Group Ltd., and Dalton Greiner Hartman Maher & Co..
View insider buying and selling activity for CatchMark Timber Trust or view top insider-selling stocks.

CTT stock was purchased by a variety of institutional investors in the last quarter, including Punch & Associates Investment Management Inc., Nuveen Asset Management LLC, BlackRock Inc., Royce & Associates LP, Investment Counselors of Maryland LLC, Camelot Portfolios LLC, Geode Capital Management LLC, and Walthausen & Co. LLC. Company insiders that have bought CatchMark Timber Trust stock in the last two years include Brian M Davis, and Ursula Godoy-Arbelaez.
View insider buying and selling activity for CatchMark Timber Trust or or view top insider-buying stocks.

Shares of CTT 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.
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One share of CTT stock can currently be purchased for approximately $11.85.

CatchMark Timber Trust has a market capitalization of $579.51 million and generates $104.29 million in revenue each year. The financial services provider earns $-17,510,000.00 in net income (profit) each year or ($0.36) on an earnings per share basis.

CatchMark Timber Trust employs 25 workers across the globe.

The official website for CatchMark Timber Trust is www.catchmark.com.

CatchMark Timber Trust is headquartered at 5 CONCOURSE PARKWAY SUITE 2650, ATLANTA GA, 30328.

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]