NYSE:CTT

CatchMark Timber Trust (CTT) Stock Forecast, Price & News

$8.17

+0.28 (+3.55%)

(As of 05/17/2022 12:45 PM ET)

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Today's Range: $7.91
▼
$8.18
50-Day Range: $7.75
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$8.80
52-Week Range: $7.18
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$12.57

Volume: 6,024 shs
Average Volume: 161,163 shs
Market Capitalization: $402.37 million

P/E Ratio: 6.33
Dividend Yield: 3.79%
Beta: 1.11

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About CatchMark Timber Trust

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.

May 17, 2022 | finance.yahoo.com

How Much Of CatchMark Timber Trust, Inc. (NYSE:CTT) Do Institutions Own?

May 15, 2022 | americanbankingnews.com

Zacks: Brokerages Expect CatchMark Timber Trust, Inc. (NYSE:CTT) Will Announce Quarterly Sales of $20.51 Million

May 12, 2022 | americanbankingnews.com

CatchMark Timber Trust (NYSE:CTT) Rating Increased to Buy at Zacks Investment Research

May 6, 2022 | seekingalpha.com

CatchMark Timber Trust, Inc. (CTT) CEO Brian Davis on Q1 2022 Results - Earnings Call Transcript

May 5, 2022 | finance.yahoo.com

CatchMark Delivers Strong First Quarter 2022 Results and Declares Dividend

April 25, 2022 | americanbankingnews.com

Brokerages Expect CatchMark Timber Trust, Inc. (NYSE:CTT) Will Post Quarterly Sales of $21.75 Million

April 23, 2022 | americanbankingnews.com

CatchMark Timber Trust, Inc. (NYSE:CTT) Expected to Post Earnings of -$0.01 Per Share

April 21, 2022 | finance.yahoo.com

CatchMark (CTT) Stock Moves -0.23%: What You Should Know

April 13, 2022 | finance.yahoo.com

CatchMark (CTT) Outpaces Stock Market Gains: What You Should Know

April 8, 2022 | finance.yahoo.com

CatchMark Scheduled to Release First Quarter 2022 Earnings on May 5, 2022

April 8, 2022 | finance.yahoo.com

Invitation to CTT Systems AB’s (publ.) Presentation of the Interim Report for Q1 2022

April 7, 2022 | finance.yahoo.com

A Closer Look At CatchMark Timber Trust, Inc.'s (NYSE:CTT) Impressive ROE

April 5, 2022 | finance.yahoo.com

CatchMark (CTT) Flat As Market Sinks: What You Should Know

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Construction
Current Symbol: NYSE:CTT
Previous Symbol
CUSIP: N/A
CIK: 1341141
Web: www.catchmark.com
Phone: (404) 445-8480
Fax: 855-865-8223
Employees: 21
Year Founded: N/A

Sales & Book Value

Annual Sales: $102.16 million
Price / Sales: 3.94
Cash Flow: $1.73 per share
Price / Cash Flow: 4.71
Book Value: $3.76 per share
Price / Book: 2.17

Profitability

EPS (Most Recent Fiscal Year): $1.289990
Net Income: $58.26 million
Net Margins: 61.12%
Pretax Margin: 57.83%
Return on Equity: 40.09%
Return on Assets: 11.51%

Debt

Debt-to-Equity Ratio: 1.62
Current Ratio: 1.48
Quick Ratio: 1.48

Price-To-Earnings

Trailing P/E Ratio: 6.33
Forward P/E Ratio: N/A
P/E Growth: N/A

Miscellaneous

Outstanding Shares: 49,250,000
Free Float: 48,810,000
Market Cap: $402.37 million
Optionable: Optionable

Company Calendar

Ex-Dividend for 3/15 Dividend: 2/25/2022
Dividend Payable: 3/15/2022
Last Earnings: 5/05/2022
Today: 5/17/2022
Ex-Dividend for 6/15 Dividend: 5/27/2022
Dividend Payable: 6/15/2022
Next Earnings (Estimated): 8/04/2022
Fiscal Year End: 12/31/2022

MarketRank^™

Overall MarketRank^™

2.56 out of 5 stars

Construction Sector

47th out of 137 stocks

Real Estate Investment Trusts Industry

71st out of 235 stocks

3.0 Analyst's Opinion

Consensus Rating
CatchMark Timber Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $10.63, CatchMark Timber Trust has a forecasted upside of 31.0% from its current price of $8.11.
Amount of Analyst Coverage
CatchMark Timber Trust has only been the subject of 1 research reports in the past 90 days.

4.4 Community Rank

Outperform Votes
CatchMark Timber Trust has received 282 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CatchMark Timber Trust has received 145 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CatchMark Timber Trust has received 66.04% “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.

2.5 Dividend Strength

Dividend Leadership
CatchMark Timber Trust is a leading dividend payer. It pays a dividend yield of 3.79%, 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.
Dividend Coverage
The dividend payout ratio of CatchMark Timber Trust is 23.26%. This payout ratio is at a healthy, sustainable level, below 75%.

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 0.89% of the stock of CatchMark Timber Trust is held by insiders.
Percentage Held by Institutions
79.43% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for CatchMark Timber Trust are expected to decrease in the coming year, from ($0.08) to ($0.09) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CatchMark Timber Trust is 6.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 9.67.
Price to Earnings Ratio vs. Sector
The P/E ratio of CatchMark Timber Trust is 6.29, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 12.41.
Price to Book Value per Share Ratio
CatchMark Timber Trust has a P/B Ratio of 2.16. 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

CatchMark Timber Trust (NYSE:CTT) Frequently Asked Questions

Is CatchMark Timber Trust a buy right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CatchMark Timber Trust in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CatchMark Timber Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTT, but not buy additional shares or sell existing shares.
View analyst ratings for CatchMark Timber Trust or view top-rated stocks.
When is CatchMark Timber Trust's next earnings date?: CatchMark Timber Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for CatchMark Timber Trust.
How were CatchMark Timber Trust's earnings last quarter?: CatchMark Timber Trust, Inc. (NYSE:CTT) released its earnings results on Thursday, May, 5th. The financial services provider reported $0.07 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.08. CatchMark Timber Trust had a net margin of 61.12% and a trailing twelve-month return on equity of 40.09%. During the same quarter in the prior year, the company posted ($0.01) earnings per share.
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 Friday, May 6th. Stockholders of record on Tuesday, May 31st will be given a dividend of $0.075 per share on Wednesday, June 15th. This represents a $0.30 annualized dividend and a dividend yield of 3.67%. The ex-dividend date is Friday, May 27th.
View CatchMark Timber Trust's dividend history.
Is CatchMark Timber Trust a good dividend stock?: CatchMark Timber Trust pays an annual dividend of $0.30 per share and currently has a dividend yield of 3.79%. The dividend payout ratio of CatchMark Timber Trust is 23.26%. This payout ratio is at a healthy, sustainable level, below 75%.
View CatchMark Timber Trust's dividend history.
What price target have analysts set for CTT?: 5 analysts have issued twelve-month target prices for CatchMark Timber Trust's shares. Their forecasts range from $9.00 to $13.50. On average, they expect CatchMark Timber Trust's share price to reach $10.63 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price.
View analysts' price targets for CatchMark Timber Trust or view top-rated stocks among Wall Street analysts.
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 53, Pay $1.12M)
Ms. Ursula Godoy-Arbelaez, CFO, Sr. VP & Treasurer (Age 41, Pay $519.45k)
Ms. Lesley H. Solomon J.D., Gen. Counsel & Corp. Sec. (Age 50, Pay $501.9k)
Mr. Todd P. Reitz, Chief Resources Officer & Sr. VP (Age 51, Pay $657.67k)
Mr. Glen F. Smith, Chief Accounting Office , VP & Assistant Sec.
Mr. John D. Capriotti, VP of Acquisitions
Mr. John F. Rasor, Pres of Triple T Timberlands (Age 79)
Who are some of CatchMark Timber Trust's key competitors?: Some companies that are related to CatchMark Timber Trust include Preferred Apartment Communities (APTS), Alexander & Baldwin (ALEX), PennyMac Mortgage Investment Trust (PMT), LTC Properties (LTC), Ladder Capital (LADR), Global Net Lease (GNL), CoreCivic (CXW), Empire State Realty Trust (ESRT), MFA Financial (MFA), iStar (STAR), InterRent Real Estate Investment Trust (IIPZF), Veris Residential (VRE), Centerspace (CSR), KKR Real Estate Finance Trust (KREF) and Ready Capital (RC).
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).
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 a variety of retail and institutional investors. Top institutional investors include Ranger Global Real Estate Advisors LLC (9.36%), BlackRock Inc. (8.40%), Renaissance Technologies LLC (5.12%), Vanguard Group Inc. (5.05%), William Blair Investment Management LLC (4.85%) and State Street Corp (2.24%). Company insiders that own CatchMark Timber Trust stock include Brian M Davis and Ursula Godoy-Arbelaez.
View institutional ownership trends for CatchMark Timber Trust.
Which institutional investors are selling CatchMark Timber Trust stock?: CTT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Ranger Global Real Estate Advisors LLC, JPMorgan Chase & Co., Formidable Asset Management LLC, William Blair Investment Management LLC, Northern Trust Corp, GSA Capital Partners LLP, and Engineers Gate Manager LP.
View insider buying and selling activity for CatchMark Timber Trust or view top insider-selling stocks.
Which institutional investors are buying CatchMark Timber Trust stock?: CTT stock was purchased by a variety of institutional investors in the last quarter, including LDR Capital Management LLC, Goldman Sachs Group Inc., Peregrine Capital Management LLC, BlackRock Inc., Ropes Wealth Advisors LLC, Martingale Asset Management L P, Sei Investments Co., and IndexIQ Advisors LLC. Company insiders that have bought CatchMark Timber Trust stock in the last two years include Brian M Davis, 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.
Compare Top Brokerages Here.
What is CatchMark Timber Trust's stock price today?: One share of CTT stock can currently be purchased for approximately $8.17.
How much money does CatchMark Timber Trust make?: CatchMark Timber Trust has a market capitalization of $402.37 million and generates $102.16 million in revenue each year. The financial services provider earns $58.26 million in net income (profit) each year or $1.289990 on an earnings per share basis.
How many employees does CatchMark Timber Trust have?: CatchMark Timber Trust employs 21 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 (404) 445-8480, via email at [email protected], or via fax at 855-865-8223.

This page was last updated on 5/17/2022 by MarketBeat.com Staff

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CatchMark Timber Trust (CTT) Stock Forecast, Price & News

About CatchMark Timber Trust

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

MarketRank™

Overall MarketRank™

3.0 Analyst's Opinion

4.4 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

1.7 Company Ownership

1.3 Earnings and Valuation

CatchMark Timber Trust (NYSE:CTT) Frequently Asked Questions

30 Days of MarketBeat All Access for $1.00

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MarketRank^™

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