NYSE:CTTCatchmark Timber Trust Stock Price, Forecast & News

Catchmark Timber Trust's stock was trading at $7.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CTT stock has increased by 3.9% and is now trading at $7.75. View which stocks have been most 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, August 6th 2020. View our earnings forecast for Catchmark Timber Trust.

Catchmark Timber Trust Inc (NYSE:CTT) posted its earnings results on Monday, May, 4th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.02. The financial services provider had revenue of $26.97 million for the quarter, compared to analyst estimates of $25.97 million. Catchmark Timber Trust had a negative net margin of 60.46% and a negative return on equity of 37.69%. View Catchmark Timber Trust's earnings history.

Catchmark Timber Trust declared a quarterly dividend on Monday, May 4th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.135 per share on Monday, June 15th. This represents a $0.54 annualized dividend and a yield of 6.97%. The ex-dividend date is Thursday, May 28th. View Catchmark Timber Trust's dividend history.

3 analysts have issued 12-month price targets for Catchmark Timber Trust's shares. Their forecasts range from $10.00 to $12.00. On average, they anticipate Catchmark Timber Trust's stock price to reach $11.33 in the next twelve months. This suggests a possible upside of 46.2% from the stock's current price. View analysts' price targets for Catchmark Timber Trust.

Media headlines about CTT stock have trended extremely negative on Monday, InfoTrie reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Catchmark Timber Trust earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely 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 decline in short interest in the month of April. As of April 30th, there was short interest totaling 556,700 shares, a decline of 18.7% from the April 15th total of 684,900 shares. Based on an average daily trading volume, of 263,100 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.2% of the shares of the company are short sold. View Catchmark Timber Trust's Current Options Chain.

Some companies that are related to Catchmark Timber Trust include Four Corners Property Trust (FCPT), LTC Properties (LTC), Columbia Property Trust (CXP), Corecivic (CXW), The GEO Group (GEO), Two Harbors Investment (TWO), Mack Cali Realty (CLI), Interrent Real Estate Investment Trust (IIPZF), Apollo Commercial Real Est. Finance (ARI), Global Net Lease (GNL), Alexander's (ALX), Universal Health Realty Income Trust (UHT), Essential Properties Realty Trust (EPRT), Empire State Realty Trust (ESRT) and Monmouth R.E. Inv. (MNR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Catchmark Timber Trust investors own include KKR & Co Inc (KKR), AbbVie (ABBV), AGNC Investment (AGNC), ANNALY CAP MGMT/SH (NLY), Tanger Factory Outlet Centers (SKT), AT&T (T), Enterprise Products Partners (EPD), Ford Motor (F), Weyerhaeuser (WY) and Apple Hospitality REIT (APLE).

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

Catchmark Timber Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.03%), Pictet Asset Management Ltd. (6.32%), Ranger Global Real Estate Advisors LLC (5.00%), Investment Counselors of Maryland LLC (3.78%), Deprince Race & Zollo Inc. (3.73%) and Chilton Capital Management LLC (1.71%). 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.

CTT stock was sold by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, Squarepoint Ops LLC, Morgan Stanley, Aperio Group LLC, BlackRock Inc., UBS Group AG, Victory Capital Management Inc., and Victory Capital Management Inc.. View insider buying and selling activity for Catchmark Timber Trust.

CTT stock was purchased by a variety of institutional investors in the last quarter, including Legal & General Group Plc, Ranger Global Real Estate Advisors LLC, JPMorgan Chase & Co., Parametric Portfolio Associates LLC, Martingale Asset Management L P, Capital Investment Advisors LLC, Geode Capital Management LLC, and Pictet Asset Management Ltd.. 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 activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of CTT stock can currently be purchased for approximately $7.75.

Catchmark Timber Trust has a market capitalization of $377.74 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.

The official website for Catchmark Timber Trust is 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]