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

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$9.51 -0.23 (-2.36 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$9.51
Today's Range$9.50 - $9.75
52-Week Range$6.71 - $13.29
Volume254,276 shs
Average Volume214,173 shs
Market Capitalization$466.75 million
P/E Ratio-3.73
Dividend Yield5.68%
Beta1.31
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.

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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$6.56 per share

Profitability

Net Income$-122,010,000.00
Net Margins-124.68%

Miscellaneous

EmployeesN/A
Market Cap$466.75 million
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

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 Friday, February 15th. Shareholders of record on Thursday, February 28th will be paid a dividend of $0.135 per share on Friday, March 15th. This represents a $0.54 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date is Wednesday, February 27th. View Catchmark Timber Trust's Dividend History.

How were Catchmark Timber Trust's earnings last quarter?

Catchmark Timber Trust Inc (NYSE:CTT) issued its quarterly earnings results on Friday, February, 15th. The financial services provider reported ($0.78) EPS for the quarter, missing the Zacks' consensus estimate of ($0.71) by $0.07. The financial services provider earned $22.93 million during the quarter, compared to the consensus estimate of $24.79 million. Catchmark Timber Trust had a negative return on equity of 30.18% and a negative net margin of 124.68%. 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, May 2nd 2019. View Earnings Estimates for Catchmark Timber Trust.

What price target have analysts set for CTT?

5 brokers have issued 12 month price objectives for Catchmark Timber Trust's shares. Their predictions range from $10.50 to $14.00. On average, they expect Catchmark Timber Trust's stock price to reach $11.70 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for Catchmark Timber Trust.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Catchmark Timber Trust in the last year. There are currently 5 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?

Media stories about CTT stock have been trending neutral this week, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Catchmark Timber Trust earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the near future.

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), Omega Healthcare Investors (OHI), AGNC Investment (AGNC), Weyerhaeuser (WY), ANNALY CAP MGMT/SH (NLY), Intel (INTC), AT&T (T), General Electric (GE), Realty Income (O) and USA Compression Partners (USAC).

Who are Catchmark Timber Trust's key executives?

Catchmark Timber Trust's management team includes the folowing people:
  • Mr. Jerrold Barag, CEO, Pres & Director (Age 60)
  • Mr. Brian M. Davis, Sr. VP & CFO (Age 50)
  • Mr. John F. Rasor, Pres of Triple T Timberlands (Age 76)
  • Mr. Todd P. Reitz, Sr. VP of Forest Resources & Principal Operating Officer (Age 48)
  • Mr. Glen F. Smith, Chief Accounting Office , VP & Assistant Sec.

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 BlackRock Inc. (8.01%), Deprince Race & Zollo Inc. (7.25%), Investment Counselors of Maryland LLC (2.98%), Bank of Montreal Can (2.77%), Real Estate Management Services LLC (2.29%) and Bank of America Corp DE (2.05%). 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 institutional investors are selling Catchmark Timber Trust stock?

CTT stock was sold by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Nuveen Asset Management LLC, Bank of America Corp DE, Raymond James & Associates, Millennium Management LLC, Boston Partners, Los Angeles Capital Management & Equity Research Inc. and Stifel Financial Corp. View Insider Buying and Selling for Catchmark Timber Trust.

Which institutional investors are buying Catchmark Timber Trust stock?

CTT stock was purchased by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, Peregrine Capital Management LLC, Royce & Associates LP, Deprince Race & Zollo Inc., Dalton Greiner Hartman Maher & Co., Two Sigma Investments LP, Bank of New York Mellon Corp and Summit Global Investments. 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 $9.51.

How big of a company is Catchmark Timber Trust?

Catchmark Timber Trust has a market capitalization of $466.75 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.

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 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 (NYSE CTT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  393
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 3/24/2019 by MarketBeat.com Staff

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