S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:CTT

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

$7.88
-0.20 (-2.48%)
(As of 05/20/2022 07:00 PM ET)
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Today's Range
$7.77
$8.17
50-Day Range
$7.75
$8.80
52-Week Range
$7.18
$12.57
Volume
249,700 shs
Average Volume
206,181 shs
Market Capitalization
$388.07 million
P/E Ratio
6.11
Dividend Yield
3.81%
Beta
1.12
30 days | 90 days | 365 days | Advanced Chart
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CatchMark Timber Trust logo

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.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
21
Year Founded
N/A

Sales & Book Value

Annual Sales
$102.16 million
Cash Flow
$1.64 per share
Book Value
$4.09 per share

Profitability

Net Income
$58.26 million
Pretax Margin
61.94%

Debt

Price-To-Earnings

Miscellaneous

Free Float
48,810,000
Market Cap
$388.07 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
5/23/2022
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

49th out of 134 stocks

Real Estate Investment Trusts Industry

79th out of 234 stocks

Analyst Opinion: 3.0Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -













CatchMark Timber Trust (NYSE:CTT) Frequently Asked Questions

Is CatchMark Timber Trust a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CatchMark Timber Trust in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 quarterly earnings results on Thursday, May, 5th. The financial services provider reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.08. CatchMark Timber Trust had a trailing twelve-month return on equity of 37.28% and a net margin of 61.12%. During the same quarter in the previous year, the firm posted ($0.01) EPS.
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. Shareholders 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 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend 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 3.81%. 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 1-year price objectives 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 year. This suggests a possible upside of 34.8% 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)
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 number 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 major 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, Toroso Investments LLC, William Blair Investment Management LLC, Northern Trust Corp, and GSA Capital Partners LLP.
View insider buying and selling activity for CatchMark Timber Trust
or view top insider-selling stocks.

Which major investors are buying CatchMark Timber Trust stock?

CTT stock was acquired 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 $7.88.

How much money does CatchMark Timber Trust make?

CatchMark Timber Trust has a market capitalization of $388.07 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 5/23/2022 by MarketBeat.com Staff

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