NYSE:CTTCatchmark Timber Trust Stock Price, Forecast & News

Catchmark Timber Trust's stock was trading at $7.46 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CTT stock has increased by 16.8% and is now trading at $8.71. 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) issued its quarterly earnings results on Monday, May, 4th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by $0.02. The financial services provider earned $26.97 million during the quarter, compared to the consensus estimate 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. Stockholders 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 6.20%. The ex-dividend date of this dividend is Thursday, May 28th. View Catchmark Timber Trust's dividend history.

3 Wall Street analysts have issued 1-year price objectives for Catchmark Timber Trust's stock. Their forecasts range from $10.00 to $12.00. On average, they anticipate Catchmark Timber Trust's share price to reach $11.33 in the next year. This suggests a possible upside of 30.1% from the stock's current price. View analysts' price targets for Catchmark Timber Trust.

Press coverage about CTT stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news 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 media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Catchmark Timber Trust.

Some companies that are related to Catchmark Timber Trust include Paramount Group (PGRE), Four Corners Property Trust (FCPT), American Assets Trust (AAT), Pebblebrook Hotel Trust (PEB), Caretrust REIT (CTRE), Columbia Property Trust (CXP), RLJ Lodging Trust (RLJ), Retail Properties of America (RPAI), LTC Properties (LTC), Global Net Lease (GNL), Interrent Real Estate Investment Trust (IIPZF), Apollo Commercial Real Est. Finance (ARI), The GEO Group (GEO), Essential Properties Realty Trust (EPRT) 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."

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 $8.71.

Catchmark Timber Trust has a market capitalization of $424.53 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]