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

$11.22
-0.02 (-0.18 %)
(As of 01/19/2020 06:45 AM ET)
Today's Range
$11.16
Now: $11.22
$11.31
50-Day Range
$10.66
MA: $11.39
$11.87
52-Week Range
$8.25
Now: $11.22
$12.54
Volume135,255 shs
Average Volume176,880 shs
Market Capitalization$549.89 million
P/E RatioN/A
Dividend Yield4.80%
Beta1.25
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.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$97.86 million
Book Value$6.56 per share

Profitability

Net Income$-122,010,000.00
Net Margins-119.09%

Miscellaneous

Employees25
Market Cap$549.89 million
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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Catchmark Timber Trust (NYSE:CTT) Frequently Asked Questions

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 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, October 31st. Investors of record on Tuesday, November 26th will be given a dividend of $0.135 per share on Friday, December 13th. This represents a $0.54 dividend on an annualized basis and a yield of 4.81%. The ex-dividend date is Monday, November 25th. View Catchmark Timber Trust's Dividend History.

How were Catchmark Timber Trust's earnings last quarter?

Catchmark Timber Trust Inc (NYSE:CTT) posted its quarterly earnings data on Friday, November, 1st. The financial services provider reported ($0.42) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.55) by $0.13. The financial services provider earned $26.38 million during the quarter, compared to analyst estimates of $29.23 million. Catchmark Timber Trust had a negative net margin of 119.09% and a negative return on equity of 48.74%. View Catchmark Timber Trust's Earnings History.

When is Catchmark Timber Trust's next earnings date?

Catchmark Timber Trust is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Catchmark Timber Trust.

What price target have analysts set for CTT?

3 Wall Street analysts have issued 12-month price targets for Catchmark Timber Trust's stock. 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 7.0% from the stock's current price. View Analyst Price Targets for Catchmark Timber Trust.

What is the consensus analysts' recommendation for 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.

Has Catchmark Timber Trust been receiving favorable news coverage?

News articles about CTT stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Catchmark Timber Trust earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned media 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 impact on the company's share price in the near future. View News Stories for Catchmark Timber Trust.

Are investors shorting Catchmark Timber Trust?

Catchmark Timber Trust saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 516,800 shares, a decline of 10.4% from the December 15th total of 576,800 shares. Based on an average daily trading volume, of 198,400 shares, the short-interest ratio is currently 2.6 days. Approximately 1.1% of the shares of the company are sold short. 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), ANNALY CAP MGMT/SH (NLY), Tanger Factory Outlet Centers (SKT), AGNC Investment (AGNC), AT&T (T), Omega Healthcare Investors (OHI), WP Carey (WPC), Intel (INTC) and USA Compression Partners (USAC).

Who are Catchmark Timber Trust's key executives?

Catchmark Timber Trust's management team includes the folowing 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)

Who are Catchmark Timber Trust's major shareholders?

Catchmark Timber Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.35%), Dalton Greiner Hartman Maher & Co. (1.18%), Nisa Investment Advisors LLC (0.09%), OLD National Bancorp IN (0.06%), Wiley BROS. Aintree Capital LLC (0.05%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Catchmark Timber Trust stock include Brian M Davis, Donald S Moss, Douglas Rubenstein, Henry G Zigtema, Jerry Barag, Lesley H Solomon and Paul S Fisher. 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 OLD National Bancorp IN, Nisa Investment Advisors LLC, Wiley BROS. Aintree Capital LLC and Peregrine Capital Management LLC. View Insider Buying and Selling for Catchmark Timber Trust.

Which major investors are buying Catchmark Timber Trust stock?

CTT stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and State of Alaska Department of Revenue. Company insiders that have bought Catchmark Timber Trust stock in the last two years include Brian M Davis, Donald S Moss, Douglas Rubenstein, Henry G Zigtema, Jerry Barag, Lesley H Solomon and Paul S Fisher. View Insider Buying and Selling for Catchmark Timber Trust.

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 $11.22.

How big of a company is Catchmark Timber Trust?

Catchmark Timber Trust has a market capitalization of $549.89 million and generates $97.86 million in revenue each year. The financial services provider earns $-122,010,000.00 in net income (profit) each year or ($2.55) 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:  244 (Vote Outperform)
Underperform Votes:  243 (Vote Underperform)
Total Votes:  487
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 1/19/2020 by MarketBeat.com Staff

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