NYSE:CTTCatchmark Timber Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Catchmark Timber Trust Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.80 +0.04 (+0.46 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$8.62Now: $8.80▼$8.8350-Day Range$6.75MA: $7.49▼$8.8052-Week Range$5.13Now: $8.80▼$12.54Volume255,500 shsAverage Volume245,456 shsMarket Capitalization$428.93 millionP/E RatioN/ADividend Yield6.14%Beta1.24 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingCatchmark Timber Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.33, Catchmark Timber Trust has a potential upside of 28.8% from its current price of $8.80.Amount of Analyst CoverageCatchmark Timber Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesCatchmark Timber Trust has received 259 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCatchmark Timber Trust has received 254 “underperform” votes. (Add your “underperform” vote.)Community SentimentCatchmark Timber Trust has received 50.49% “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. Previous Next 1.7 Dividend Strength Dividend LeadershipCatchmark Timber Trust is a leading dividend payer. It pays a dividend yield of 6.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCatchmark Timber Trust does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Catchmark Timber Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $22,760.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.95% of the stock of Catchmark Timber Trust is held by insiders.Percentage Held by Institutions82.13% 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Catchmark Timber Trust are expected to grow in the coming year, from ($0.23) to ($0.19) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Catchmark Timber Trust is -6.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Catchmark Timber Trust is -6.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCatchmark Timber Trust has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.39 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorConstruction Current SymbolNYSE:CTT Previous Symbol CUSIPN/A CIK1341141 Webwww.catchmark.com Phone855-858-9794Debt Debt-to-Equity Ratio2.79 Current Ratio0.80 Quick Ratio0.80Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$106.71 million Price / Sales4.02 Cash FlowN/A Price / Cash FlowN/A Book Value$3.94 per share Price / Book2.23Profitability EPS (Most Recent Fiscal Year)($2.05) Net Income$-93,320,000.00 Net Margins-60.46% Return on Equity-37.69% Return on Assets-10.97%Miscellaneous Employees25 Outstanding Shares48,742,000Market Cap$428.93 million Next Earnings Date8/6/2020 (Estimated) OptionableOptionable CTT Rates by TradingView Receive CTT News and Ratings via Email Sign-up to receive the latest news and ratings for CTT and its competitors with MarketBeat's FREE daily newsletter. 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CTT shares have increased by 18.0% and is now trading at $8.80. View which stocks have been most 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, August 6th 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 Monday, May, 4th. The financial services provider reported ($0.09) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.02. The financial services provider earned $26.97 million during the quarter, compared to analysts' expectations of $25.97 million. Catchmark Timber Trust had a negative net margin of 60.46% and a negative return on equity of 37.69%. 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 Monday, May 4th. Investors of record on Friday, May 29th will be paid a dividend of $0.135 per share on Monday, June 15th. This represents a $0.54 annualized dividend and a yield of 6.14%. The ex-dividend date of this dividend is Thursday, May 28th. 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 $10.00 to $12.00. On average, they expect Catchmark Timber Trust's share price to reach $11.33 in the next year. This suggests a possible upside of 28.8% from the stock's current price. View analysts' price targets for Catchmark Timber Trust. Has Catchmark Timber Trust been receiving favorable news coverage? Media coverage about CTT stock has been trending somewhat positive on Friday, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Catchmark Timber Trust earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock'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 drop in short interest in April. As of April 30th, there was short interest totaling 556,700 shares, a drop of 18.7% from the April 15th total of 684,900 shares. Based on an average daily trading volume, of 263,100 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.2% of the company's shares are sold short. View Catchmark Timber Trust's Current Options Chain. Who are some of Catchmark Timber Trust's key competitors? Some companies that are related to Catchmark Timber Trust include LTC Properties (LTC), Four Corners Property Trust (FCPT), Essential Properties Realty Trust (EPRT), Corecivic (CXW), CYRELA BRAZIL R/S (CYRBY), PennyMac Mortgage Investment Trust (PMT), Mack Cali Realty (CLI), Retail Properties of America (RPAI), Alexander's (ALX), Two Harbors Investment (TWO), Global Net Lease (GNL), Hospitality Properties Trust (SVC), Diversified Healthcare Trust (DHC), Empire State Realty Trust (ESRT) and Retail Opportunity Investments (ROIC). View all 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), AGNC Investment (AGNC), ANNALY CAP MGMT/SH (NLY), Tanger Factory Outlet Centers (SKT), AT&T (T), Enterprise Products Partners (EPD), Ford Motor (F), Weyerhaeuser (WY) and Apple Hospitality REIT (APLE). 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." 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 shareholders include BlackRock Inc. (8.03%), Pictet Asset Management Ltd. (6.32%), Ranger Global Real Estate Advisors LLC (5.00%), Investment Counselors of Maryland LLC (3.78%), Deprince Race & Zollo Inc. (3.73%) and Chilton Capital Management LLC (1.71%). 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, Paul S Fisher 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 Real Estate Management Services LLC, Squarepoint Ops LLC, Morgan Stanley, Aperio Group LLC, BlackRock Inc., UBS Group AG, Victory Capital Management Inc., and Victory Capital Management Inc.. View insider buying and selling activity for Catchmark Timber Trust. Which institutional investors are buying Catchmark Timber Trust stock? CTT stock was bought by a variety of institutional investors in the last quarter, including Legal & General Group Plc, Ranger Global Real Estate Advisors LLC, JPMorgan Chase & Co., Parametric Portfolio Associates LLC, Martingale Asset Management L P, Capital Investment Advisors LLC, Geode Capital Management LLC, and Pictet Asset Management Ltd.. 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, Paul S Fisher, and Ursula Godoy-Arbelaez. View insider buying and selling activity 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 $8.80. How big of a company is Catchmark Timber Trust? Catchmark Timber Trust has a market capitalization of $428.93 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. 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 855-858-9794 or via email at [email protected] This page was last updated on 6/5/2020 by MarketBeat.com Staff
