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NYSE:CTT - Catchmark Timber Trust Stock Price, Forecast & News

$7.22
-0.46 (-5.99 %)
(As of 04/1/2020 06:31 AM ET)
Today's Range
$6.94
Now: $7.22
$7.85
50-Day Range
$5.17
MA: $8.91
$11.11
52-Week Range
$5.13
Now: $7.22
$12.54
Volume313,984 shs
Average Volume360,686 shs
Market Capitalization$354.07 million
P/E RatioN/A
Dividend Yield7.03%
Beta1.27
CatchMark (NYSE: CTT) is a pure play timberland REIT that strives to deliver consistent and predictable per-share cash flow growth through disciplined acquisitions, active management, sustainable harvests and well-timed real estate sales. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.6 million acres* of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina, Tennessee and Texas.
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Catchmark Timber Trust logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorConstruction
CUSIPN/A
Phone855-858-9794

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$106.71 million
Book Value$3.94 per share

Profitability

Net Income$-93,320,000.00

Miscellaneous

Employees25
Market Cap$354.07 million
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Catchmark Timber Trust (NYSE:CTT) Frequently Asked Questions

How has Catchmark Timber Trust's stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, CTT shares have decreased by 3.2% and is now trading at $7.22. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Catchmark Timber Trust?

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.

When is Catchmark Timber Trust's next earnings date?

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.

How were Catchmark Timber Trust's earnings last quarter?

Catchmark Timber Trust Inc (NYSE:CTT) issued its quarterly earnings data on Friday, February, 14th. The financial services provider reported ($0.24) EPS 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 the consensus estimate 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.

How often does Catchmark Timber Trust pay dividends? What is the dividend yield for Catchmark Timber Trust?

Catchmark Timber Trust declared a quarterly dividend on Thursday, February 13th. Investors of record on Friday, February 28th will be given a dividend of $0.135 per share on Monday, March 16th. This represents a $0.54 annualized dividend and a yield of 7.48%. The ex-dividend date of this dividend is Thursday, February 27th. View Catchmark Timber Trust's dividend history.

What price target have analysts set for CTT?

3 brokers have issued 12-month target prices 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 66.2% from the stock's current price. View analysts' price targets for Catchmark Timber Trust.

Has Catchmark Timber Trust been receiving favorable news coverage?

News stories about CTT stock have trended very negative on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog 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 news impact score of -3.0 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View the latest news aboutCatchmark Timber Trust.

Are investors shorting Catchmark 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 days-to-cover ratio is presently 3.1 days. Approximately 1.3% of the shares of the stock are short sold. View Catchmark Timber Trust's Current Options Chain.

Who are some of Catchmark Timber Trust's key 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), Tanger Factory Outlet Centers (SKT), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), USA Compression Partners (USAC), AT&T (T), Intel (INTC), Omega Healthcare Investors (OHI) and WP Carey (WPC).

Who are Catchmark Timber Trust's key executives?

Catchmark Timber Trust's management team includes the following people:
  • Mr. Jerrold Barag, CEO & Director (Age 60)
  • Mr. Brian M. Davis, Pres & CFO (Age 50)
  • Mr. Todd P. Reitz, Sr. VP of Forest Resources & Principal Operating Officer (Age 48)
  • Ms. Lesley H. Solomon J.D., Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. John F. Rasor, Pres of Triple T Timberlands (Age 76)

What is Catchmark Timber Trust's stock symbol?

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

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 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 $7.22.

How big of a company is Catchmark Timber Trust?

Catchmark Timber Trust has a market capitalization of $354.07 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.

What is Catchmark Timber Trust's official website?

The official website for Catchmark Timber Trust is http://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]


MarketBeat Community Rating for Catchmark Timber Trust (NYSE CTT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  255 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  505
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.
This page was last updated on 4/1/2020 by MarketBeat.com Staff

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