CatchMark Timber Trust, Inc. (NYSE: CTT) is a self-administered and self-managed, publicly-traded REIT that strives to deliver superior risk-adjusted returns for all stakeholders through disciplined acquisitions, sustainable harvests and well-timed sales. Headquartered in Atlanta and focused exclusively on timberland ownership, CatchMark began operations in 2007 and owns interests in approximately 520,800 acres of timberlands located in Alabama, Florida, Georgia, Louisiana, North Carolina, South Carolina, Tennessee and Texas. For more information, visit www.catchmark.com. From time to time, CatchMark releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts regarding new postings. Enrollment information is found in the "Investors Relations" section of www.catchmark.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CTT
CUSIPN/A
Phone855-858-9794
Debt
Debt-to-Equity Ratio0.57
Current Ratio0.44
Quick Ratio0.44
Price-To-Earnings
Trailing P/E Ratio-37.44
Forward P/E Ratio-3.25
P/E GrowthN/A
Sales & Book Value
Annual Sales$91.29 million
Price / Sales6.87
Cash Flow$0.3699 per share
Price / Cash34.52
Book Value$9.27 per share
Price / Book1.38
Profitability
EPS (Most Recent Fiscal Year)($0.34)
Net Income$-13,510,000.00
Net Margins-16.17%
Return on Equity-3.76%
Return on Assets-2.07%
Miscellaneous
Employees19
Outstanding Shares49,100,000
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 declared a quarterly dividend on Friday, May 4th. Shareholders of record on Thursday, May 31st will be paid a dividend of $0.135 per share on Friday, June 15th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date of this dividend is Wednesday, May 30th. View Catchmark Timber Trust's Dividend History.
How were Catchmark Timber Trust's earnings last quarter?
Catchmark Timber Trust Inc (NYSE:CTT) issued its earnings results on Friday, May, 4th. The financial services provider reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.01. The financial services provider earned $24.10 million during the quarter, compared to the consensus estimate of $22.38 million. Catchmark Timber Trust had a negative return on equity of 3.76% and a negative net margin of 16.17%. View Catchmark Timber Trust's Earnings History.
What price target have analysts set for CTT?
4 equities research analysts have issued twelve-month target prices for Catchmark Timber Trust's shares. Their predictions range from $14.00 to $14.50. On average, they anticipate Catchmark Timber Trust's stock price to reach $14.1667 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 DiamondRock Hospitality (DRH), Apollo Commercial Real Est. Finance (ARI), Washington Real Estate Investment Trust (WRE), Acadia Realty Trust (AKR), MGM Growth Properties (MGP), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments (ROIC), Lexington Realty Trust (LXP), Quality Care Properties (QCP), QTS Realty Trust Inc Class A (QTS), Alexander's (ALX), Select Income REIT (SIR), Chesapeake Lodging Trust (CHSP), Invesco Mortgage Capital (IVR) and Mack Cali Realty (CLI).
Who are Catchmark Timber Trust's key executives?
Catchmark Timber Trust's management team includes the folowing people:
- Mr. Jerry Barag, CEO, Pres & Director (Age 59)
- Mr. Brian M. Davis, Sr. VP, CFO & Assistant Sec. (Age 49)
- Mr. John F. Rasor, COO & Sec. (Age 75)
- Mr. Donald L. Warden, VP of Operations
- Mr. John D. Capriotti, Director of Acquisitions
Has Catchmark Timber Trust been receiving favorable news coverage?
Press coverage about CTT stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Catchmark Timber Trust earned a news sentiment score of 0.07 on Accern's scale. They also gave news articles about the financial services provider an impact score of 45.44 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Catchmark Timber Trust's major shareholders?
Catchmark Timber Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.73%), Millennium Management LLC (3.17%), Nuveen Asset Management LLC (1.91%), Manning & Napier Group LLC (1.40%), Brookfield Asset Management Inc. (1.28%) and Ranger Global Real Estate Advisors LLC (1.22%). 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.
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., ClariVest Asset Management LLC, Crawford Investment Counsel Inc., Wells Fargo & Company MN, Punch & Associates Investment Management Inc., Dalton Greiner Hartman Maher & Co., Cove Street Capital LLC and Jupiter Asset Management Ltd.. View Insider Buying and Selling for Catchmark Timber Trust.
Which major investors are buying Catchmark Timber Trust stock?
CTT stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Millennium Management LLC, Brookfield Asset Management Inc., Ranger Global Real Estate Advisors LLC, Matarin Capital Management LLC, RMB Capital Management LLC, GSA Capital Partners LLP and Manning & Napier Group LLC. 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 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 $12.77.
How big of a company is Catchmark Timber Trust?
Catchmark Timber Trust has a market capitalization of $612.80 million and generates $91.29 million in revenue each year. The financial services provider earns $-13,510,000.00 in net income (profit) each year or ($0.34) on an earnings per share basis. Catchmark Timber Trust employs 19 workers across the globe.
How can I contact Catchmark Timber Trust?
Catchmark Timber Trust's mailing address is 5 CONCOURSE PARKWAY SUITE 2325, 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 (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 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.
