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

Catchmark Timber Trust's stock was trading at $7.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CTT shares have decreased by 3.2% and is now trading at $7.22. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Catchmark Timber Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Catchmark Timber Trust.

Catchmark Timber Trust is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Catchmark Timber Trust.

Catchmark Timber Trust Inc (NYSE:CTT) issued its quarterly earnings data on Friday, February, 14th. The financial services provider reported ($0.24) EPS for the quarter, missing the Zacks' consensus estimate of ($0.23) by $0.01. The financial services provider earned $29.10 million during the quarter, compared to the consensus estimate of $30.02 million. Catchmark Timber Trust had a negative return on equity of 44.03% and a negative net margin of 87.45%. View Catchmark Timber Trust's earnings history.

Catchmark Timber Trust declared a quarterly dividend on Thursday, February 13th. Investors of record on Friday, February 28th will be given a dividend of $0.135 per share on Monday, March 16th. This represents a $0.54 annualized dividend and a yield of 7.48%. The ex-dividend date of this dividend is Thursday, February 27th. View Catchmark Timber Trust's dividend history.

3 brokers have issued 12-month target prices for Catchmark Timber Trust's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Catchmark Timber Trust's share price to reach $12.00 in the next year. This suggests a possible upside of 66.2% from the stock's current price. View analysts' price targets for Catchmark Timber Trust.

News stories about CTT stock have trended very negative on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Catchmark Timber Trust earned a news impact score of -3.0 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View the latest news aboutCatchmark Timber Trust.

Catchmark Timber Trust saw a increase in short interest in March. As of March 13th, there was short interest totaling 617,100 shares, an increase of 13.8% from the February 27th total of 542,400 shares. Based on an average daily trading volume, of 201,400 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.3% of the shares of the stock are short sold. View Catchmark Timber Trust's Current Options Chain.

Some companies that are related to Catchmark Timber Trust include Caretrust REIT (CTRE), Columbia Property Trust (CXP), American Assets Trust (AAT), Alexander's (ALX), Corecivic (CXW), The GEO Group (GEO), CYRELA BRAZIL R/S (CYRBY), Interrent Real Estate Investment Trust (IIPZF), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Pebblebrook Hotel Trust (PEB), Mack Cali Realty (CLI), RLJ Lodging Trust (RLJ), Universal Health Realty Income Trust (UHT), Four Corners Property Trust (FCPT) and Safestore (SFSHF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Catchmark Timber Trust investors own include KKR & Co Inc (KKR), AbbVie (ABBV), Tanger Factory Outlet Centers (SKT), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), USA Compression Partners (USAC), AT&T (T), Intel (INTC), Omega Healthcare Investors (OHI) and WP Carey (WPC).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of CTT stock can currently be purchased for approximately $7.22.

Catchmark Timber Trust has a market capitalization of $354.07 million and generates $106.71 million in revenue each year. The financial services provider earns $-93,320,000.00 in net income (profit) each year or ($2.05) on an earnings per share basis. Catchmark Timber Trust employs 25 workers across the globe. View additional information about Catchmark Timber Trust.

The official website for Catchmark Timber Trust is http://www.catchmark.com/.

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]