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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:CTT

CatchMark Timber Trust Stock Forecast, Price & News

$10.22
+0.16 (+1.59%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$9.99
$10.26
50-Day Range
$7.75
$12.06
52-Week Range
$7.18
$12.41
Volume
449,821 shs
Average Volume
660,857 shs
Market Capitalization
$503.34 million
P/E Ratio
7.92
Dividend Yield
2.94%
Price Target
$10.90

CatchMark Timber Trust MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.7% Upside
$10.90 Price Target
Short Interest
Healthy
2.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.32mentions of CatchMark Timber Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.08) to ($0.09) Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.25 out of 5 stars

Construction Sector

97th out of 134 stocks

Real Estate Investment Trusts Industry

184th out of 233 stocks

30 days | 90 days | 365 days | Advanced Chart

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CatchMark Timber Trust logo

About CatchMark Timber Trust (NYSE:CTT) Stock

CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.5 million acres* of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina and Texas.

CTT Stock News Headlines

CatchMark Timber Trust (NYSE:CTT) PT Raised to $11.50
These 2 Mergers Are the Real (Asset) Deal
CTT Systems AB (publ.) - Annual Report 2021
Is CatchMark Timber Trust (CTT) A Smart Long-Term Buy?
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
21
Year Founded
N/A

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 6/15 Dividend
5/27/2022
Dividend Payable
6/15/2022
Today
7/03/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$10.90
High Stock Price Forecast
$12.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+6.7%
Consensus Rating
Hold
Rating Score (0-4)
2
Research Coverage
6 Analysts

Profitability

Net Income
$58.26 million
Pretax Margin
61.94%

Debt

Sales & Book Value

Annual Sales
$102.16 million
Cash Flow
$1.68 per share
Book Value
$3.76 per share

Miscellaneous

Free Float
48,588,000
Market Cap
$503.34 million
Optionable
Optionable
Beta
1.12














CatchMark Timber Trust Frequently Asked Questions

Should I buy or sell CatchMark Timber Trust stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CatchMark Timber Trust in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CatchMark Timber Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTT, but not buy additional shares or sell existing shares.
View analyst ratings for CatchMark Timber Trust
or view top-rated stocks.

What is CatchMark Timber Trust's stock price forecast for 2022?

6 equities research analysts have issued 12 month target prices for CatchMark Timber Trust's stock. Their CTT stock forecasts range from $9.00 to $12.00. On average, they anticipate CatchMark Timber Trust's share price to reach $10.90 in the next twelve months. This suggests a possible upside of 6.7% from the stock's current price.
View analysts' price targets for CatchMark Timber Trust
or view top-rated stocks among Wall Street analysts.

How has CatchMark Timber Trust's stock performed in 2022?

CatchMark Timber Trust's stock was trading at $8.71 on January 1st, 2022. Since then, CTT stock has increased by 17.3% and is now trading at $10.22.
View the best growth stocks for 2022 here
.

Are investors shorting CatchMark Timber Trust?

CatchMark Timber Trust saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,060,000 shares, an increase of 67.9% from the May 31st total of 631,500 shares. Based on an average trading volume of 471,200 shares, the short-interest ratio is presently 2.2 days. Approximately 2.2% of the shares of the company are sold short.
View CatchMark Timber Trust's Short Interest
.

When is CatchMark Timber Trust's next earnings date?

CatchMark Timber Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for CatchMark Timber Trust
.

How were CatchMark Timber Trust's earnings last quarter?

CatchMark Timber Trust, Inc. (NYSE:CTT) released its quarterly earnings results on Thursday, May, 5th. The financial services provider reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.08. CatchMark Timber Trust had a net margin of 61.12% and a trailing twelve-month return on equity of 37.28%. During the same period in the prior year, the firm earned ($0.01) earnings per share.
View CatchMark Timber Trust's earnings history
.

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 Friday, May 6th. Shareholders of record on Tuesday, May 31st will be given a dividend of $0.075 per share on Wednesday, June 15th. This represents a $0.30 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Friday, May 27th.
View CatchMark Timber Trust's dividend history
.

Is CatchMark Timber Trust a good dividend stock?

CatchMark Timber Trust(NYSE:CTT) pays an annual dividend of $0.30 per share and currently has a dividend yield of 2.94%. The dividend payout ratio of CatchMark Timber Trust is 23.26%. This payout ratio is at a healthy, sustainable level, below 75%.
View CatchMark Timber Trust's dividend history.

Who are CatchMark Timber Trust's key executives?

CatchMark Timber Trust's management team includes the following people:
  • Mr. Brian M. Davis, CEO, Pres & Director (Age 53, Pay $1.12M)
  • Ms. Ursula Godoy-Arbelaez, CFO, Sr. VP & Treasurer (Age 41, Pay $519.45k)
  • Ms. Lesley H. Solomon J.D., Gen. Counsel & Corp. Sec. (Age 50, Pay $501.9k)
  • Mr. Todd P. Reitz, Chief Resources Officer & Sr. VP (Age 51, Pay $657.67k)
  • Mr. Glen F. Smith, Chief Accounting Office , VP & Assistant Sec.
  • Mr. John D. Capriotti, VP of Acquisitions
  • Mr. John F. Rasor, Pres of Triple T Timberlands (Age 79)

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), 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).

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 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CatchMark Timber Trust's stock price today?

One share of CTT stock can currently be purchased for approximately $10.22.

How much money does CatchMark Timber Trust make?

CatchMark Timber Trust (NYSE:CTT) has a market capitalization of $503.34 million and generates $102.16 million in revenue each year. The financial services provider earns $58.26 million in net income (profit) each year or $1.289990 on an earnings per share basis.

How many employees does CatchMark Timber Trust have?

CatchMark Timber Trust employs 21 workers across the globe.

How can I contact CatchMark Timber Trust?

CatchMark Timber Trust's mailing address is 5 CONCOURSE PARKWAY SUITE 2650, ATLANTA GA, 30328. The official website for CatchMark Timber Trust is www.catchmark.com. The financial services provider can be reached via phone at (404) 445-8480, via email at info@catchmark.com, or via fax at 855-865-8223.

This page (NYSE:CTT) was last updated on 7/3/2022 by MarketBeat.com Staff

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