NYSE:CTTCatchmark Timber Trust Stock Price, Forecast & News

Catchmark Timber Trust's stock was trading at $7.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CTT stock has decreased by 10.2% and is now trading at $6.70. 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) released its earnings results on Friday, February, 14th. The financial services provider reported ($0.24) earnings per share 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 analysts' expectations 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 announced a quarterly dividend on Thursday, February 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.135 per share on Monday, March 16th. This represents a $0.54 annualized dividend and a dividend yield of 8.06%. The ex-dividend date is Thursday, February 27th. View Catchmark Timber Trust's dividend history.

3 brokers have issued 1 year price objectives 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 79.1% from the stock's current price. View analysts' price targets for Catchmark Timber Trust.

News headlines about CTT stock have been trending very negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Catchmark Timber Trust earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock'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 short-interest ratio is presently 3.1 days. Currently, 1.3% of the shares of the stock are sold short. View Catchmark Timber Trust's Current Options Chain.

Some companies that are related to Catchmark Timber Trust include Hannon Armstrong Sustnbl Infrstr Cap (HASI), LTC Properties (LTC), Pebblebrook Hotel Trust (PEB), Uniti Group (UNIT), RLJ Lodging Trust (RLJ), Corecivic (CXW), Monmouth R.E. Inv. (MNR), Four Corners Property Trust (FCPT), Retail Properties of America (RPAI), Global Net Lease (GNL), Industrial Logistics Properties Trust (ILPT), CYRELA BRAZIL R/S (CYRBY), Essential Properties Realty Trust (EPRT), Acadia Realty Trust (AKR) and DiamondRock Hospitality (DRH).

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), Enterprise Products Partners (EPD) and Omega Healthcare Investors (OHI).

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 $6.70.

Catchmark Timber Trust has a market capitalization of $328.58 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]