NYSE:CTT

CatchMark Timber Trust Stock Forecast, Price & News

$9.53

-0.03 (-0.31 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$9.37

Now: $9.53▼

$9.59

50-Day Range

$9.08

MA: $9.42▼

$9.98

52-Week Range

$5.13

Now: $9.53▼

$11.31

Volume133,880 shs

Average Volume243,411 shs

Market Capitalization$464.68 million

P/E RatioN/A

Dividend Yield5.64%

Beta1.32

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.

MarketRank^™

Overall MarketRank^™

1.79 out of 5 stars

Construction Sector

33rd out of 184 stocks

Real Estate Investment Trusts Industry

89th out of 260 stocks

2.5 Analyst's Opinion

Consensus Rating
CatchMark Timber Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.75, CatchMark Timber Trust has a forecasted upside of 12.8% from its current price of $9.53.
Amount of Analyst Coverage
CatchMark Timber Trust has only been the subject of 1 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
CatchMark Timber Trust has received 267 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CatchMark Timber Trust has received 257 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CatchMark Timber Trust has received 50.95% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
CatchMark Timber Trust is a leading dividend payer. It pays a dividend yield of 5.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CatchMark Timber Trust does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CatchMark Timber Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.95% of the stock of CatchMark Timber Trust is held by insiders.
Percentage Held by Institutions
76.85% of the stock of CatchMark Timber Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for CatchMark Timber Trust are expected to grow in the coming year, from ($0.36) to ($0.16) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CatchMark Timber Trust is -17.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CatchMark Timber Trust is -17.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CatchMark Timber Trust has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryN/A

SectorConstruction

Current SymbolNYSE:CTT

Previous Symbol

CUSIPN/A

CIK1341141

Webwww.catchmark.com

Phone855-858-9794

Employees26

Debt

Debt-to-Equity Ratio3.23

Current Ratio1.37

Quick Ratio1.37

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$106.71 million

Price / Sales4.35

Cash FlowN/A

Price / Cash FlowN/A

Book Value$3.94 per share

Price / Book2.42

Profitability

EPS (Most Recent Fiscal Year)($2.05)

Net Income$-93,320,000.00

Net Margins-25.76%

Return on Equity-16.84%

Return on Assets-4.15%

Miscellaneous

Outstanding Shares48,760,000

Market Cap$464.68 million

Next Earnings Date2/11/2021 (Confirmed)

OptionableOptionable

$9.53

-0.03 (-0.31 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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CatchMark Timber Trust (NYSE:CTT) Frequently Asked Questions

How has CatchMark Timber Trust's stock price been impacted by COVID-19?

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. Since then, CTT stock has increased by 27.7% and is now trading at $9.53.
View which stocks have been most impacted by COVID-19.

Is CatchMark Timber Trust a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CatchMark Timber Trust in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CatchMark Timber Trust stock.
View analyst ratings for CatchMark Timber Trust or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than CatchMark Timber Trust?

Wall Street analysts have given CatchMark Timber Trust a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CatchMark Timber Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is CatchMark Timber Trust's next earnings date?

CatchMark Timber Trust is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for CatchMark Timber Trust.

How can I listen to CatchMark Timber Trust's earnings call?

CatchMark Timber Trust will be holding an earnings conference call on Thursday, February 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were CatchMark Timber Trust's earnings last quarter?

CatchMark Timber Trust, Inc. (NYSE:CTT) announced its earnings results on Thursday, November, 5th. The financial services provider reported ($0.09) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.01. CatchMark Timber Trust had a negative return on equity of 16.84% and a negative net margin of 25.76%.
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 Thursday, October 29th. Investors of record on Monday, November 30th will be given a dividend of $0.135 per share on Tuesday, December 15th. This represents a $0.54 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date is Friday, November 27th.
View CatchMark Timber Trust's dividend history.

Is CatchMark Timber Trust a good dividend stock?

CatchMark Timber Trust pays an annual dividend of $0.54 per share and currently has a dividend yield of 5.64%. 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.

What price target have analysts set for CTT?

4 brokerages have issued 12 month price targets for CatchMark Timber Trust's shares. Their forecasts range from $10.00 to $11.50. On average, they expect CatchMark Timber Trust's stock price to reach $10.75 in the next year. This suggests a possible upside of 12.8% from the stock's current price.
View analysts' price targets for CatchMark Timber Trust or view Wall Street analyst' top-rated stocks.

Who are some of CatchMark Timber Trust's key competitors?

Some companies that are related to CatchMark Timber Trust include Service Properties Trust (SVC), Easterly Government Properties (DEA), DiamondRock Hospitality (DRH), American Assets Trust (AAT), Two Harbors Investment (TWO), PennyMac Mortgage Investment Trust (PMT), Retail Opportunity Investments (ROIC), MFA Financial (MFA), Arbor Realty Trust (ABR), Monmouth Real Estate Investment (MNR), Apollo Commercial Real Estate Finance (ARI), Columbia Property Trust (CXP), LTC Properties (LTC), Empire State Realty Trust (ESRT) and InterRent Real Estate Investment Trust (IIPZF).
View all of CTT's 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), 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).

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 51, Pay $724.38k)
Ms. Lesley H. Solomon J.D., Gen. Counsel & Corp. Sec. (Age 48, Pay $457.5k)
Mr. Todd P. Reitz, Sr. VP & Chief Resources Officer (Age 49, Pay $534.42k)
Ms. Ursula Godoy-Arbelaez, CFO, Sr. VP & Treasurer (Age 39)
Mr. Glen F. Smith, Chief Accounting Office , VP & Assistant Sec.
Mr. John F. Rasor, Pres of Triple T Timberlands (Age 77)
Mr. John D. Capriotti, VP of Acquisitions

What is CatchMark Timber Trust's stock symbol?

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

Who are CatchMark Timber Trust's major shareholders?

CatchMark Timber Trust's stock is owned by many different retail and institutional investors. Top institutional investors include Bennicas & Associates Inc. (0.20%), North Star Investment Management Corp. (0.20%), Dalton Greiner Hartman Maher & Co. (0.16%) and Sowell Financial Services LLC (0.07%). Company insiders that own CatchMark Timber Trust stock include Brian M Davis, Donald S Moss and Ursula Godoy-Arbelaez.
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 Dalton Greiner Hartman Maher & Co..
View insider buying and selling activity for CatchMark Timber Trust or view top insider-selling stocks.

Which major investors are buying CatchMark Timber Trust stock?

CTT stock was bought by a variety of institutional investors in the last quarter, including Bennicas & Associates Inc., North Star Investment Management Corp., and Sowell Financial Services LLC. Company insiders that have bought CatchMark Timber Trust stock in the last two years include Brian M Davis, Donald S Moss, and Ursula Godoy-Arbelaez.
View insider buying and selling activity for CatchMark Timber Trust or or view top insider-buying stocks.

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.

What is CatchMark Timber Trust's stock price today?

One share of CTT stock can currently be purchased for approximately $9.53.

How big of a company is CatchMark Timber Trust?

CatchMark Timber Trust has a market capitalization of $464.68 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 26 workers across the globe.

What is CatchMark Timber Trust's official website?

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

How can I contact CatchMark Timber Trust?

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]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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