CatchMark Timber Trust, Inc. (NYSE: CTT) is a self-administered and self-managed, publicly-traded timberland REIT that strives to deliver superior risk-adjusted returns for all stakeholders through disciplined acquisitions, sustainable harvests, well-timed real estate sales and investment management. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in approximately 1.6 million acres of timberlands located in Alabama, Florida, Georgia, Louisiana, North Carolina, South Carolina, Tennessee and Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:CTT
Previous Symbol
CUSIPN/A
Phone855-858-9794
Debt
Debt-to-Equity Ratio1.48
Current Ratio1.02
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio-26.74
Forward P/E Ratio-2.98
P/E GrowthN/A
Sales & Book Value
Annual Sales$91.29 million
Price / Sales4.88
Cash Flow$0.3611 per share
Price / Cash25.17
Book Value$7.62 per share
Price / Book1.19
Profitability
EPS (Most Recent Fiscal Year)($0.34)
Net Income$-13,510,000.00
Net Margins-90.95%
Return on Equity-20.93%
Return on Assets-11.20%
Miscellaneous
Employees19
Outstanding Shares49,030,000
Market Cap$446.14 million
OptionableOptionable
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 Monday, November 5th. Investors of record on Friday, November 30th will be given a dividend of $0.135 per share on Thursday, December 13th. This represents a $0.54 annualized dividend and a yield of 5.94%. The ex-dividend date of this dividend is Thursday, November 29th. 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 results on Friday, November, 2nd. The financial services provider reported ($1.61) earnings per share for the quarter, topping the Zacks' consensus estimate of ($3.59) by $1.98. The financial services provider had revenue of $24.58 million for the quarter, compared to analyst estimates of $23.04 million. Catchmark Timber Trust had a negative return on equity of 20.93% and a negative net margin of 90.95%. View Catchmark Timber Trust's Earnings History.
When is Catchmark Timber Trust's next earnings date?
What price target have analysts set for CTT?
4 analysts have issued 1 year price objectives for Catchmark Timber Trust's stock. Their predictions range from $12.00 to $14.00. On average, they anticipate Catchmark Timber Trust's share price to reach $12.6667 in the next year. This suggests a possible upside of 39.3% from the stock's current price. View Analyst Price Targets for Catchmark Timber Trust.
What is the consensus analysts' recommendation for Catchmark Timber Trust?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Catchmark Timber Trust in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Catchmark Timber Trust.
Has Catchmark Timber Trust been receiving favorable news coverage?
News articles about CTT stock have been trending positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing 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 positive five, with scores nearest to five being the most favorable. Catchmark Timber Trust earned a news sentiment score of 2.4 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
Are investors shorting Catchmark Timber Trust?
Catchmark Timber Trust saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,011,462 shares, an increase of 100.3% from the September 28th total of 504,865 shares. Based on an average daily trading volume, of 352,026 shares, the days-to-cover ratio is presently 2.9 days. Approximately 2.1% 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?
Some companies that are related to Catchmark Timber Trust include Chesapeake Lodging Trust (CHSP), Select Income REIT (SIR), Invesco Mortgage Capital (IVR), Caretrust REIT (CTRE), Alexander's (ALX), National Storage Affiliates Trust (NSA), Alexander & Baldwin (ALEX), Global Net Lease (GNL), Safestore (SFSHF), Industrial Logistics Properties Trust (ILPT), CYRELA BRAZIL R/S (CYRBY), American Finance Trust (AFIN), Redwood Trust (RWT), Kite Realty Group Trust (KRG) and TPG RE Finance Trust (TRTX).
Who are Catchmark Timber Trust's key executives?
Catchmark Timber Trust's management team includes the folowing people:
- Mr. Jerry Barag, CEO, Pres & Director (Age 59)
- Mr. Brian M. Davis, Sr. VP, CFO & Corp. Sec. (Age 49)
- Mr. John F. Rasor, Pres of Triple T Timberlands (Age 75)
- Mr. Todd P. Reitz, Sr. VP of Forest Resources
- Mr. Glen F. Smith, Chief Accounting Office , VP & Assistant Sec.
Who are Catchmark Timber Trust's major shareholders?
Catchmark Timber Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.96%), Pictet Asset Management Ltd. (5.40%), Renaissance Technologies LLC (4.57%), Bank of Montreal Can (2.79%), Russell Investments Group Ltd. (1.43%) and Huber Capital Management LLC (1.20%). Company insiders that own Catchmark Timber Trust stock include Brian M Davis, Donald S Moss, Jerry Barag 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 Manning & Napier Group LLC, Citadel Advisors LLC, Bank of Montreal Can, Huber Capital Management LLC, GSA Capital Partners LLP, Credit Suisse AG, WINTON GROUP Ltd and Bank of New York Mellon Corp. View Insider Buying and Selling for Catchmark Timber Trust.
Which major investors are buying Catchmark Timber Trust stock?
CTT stock was purchased by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc., Renaissance Technologies LLC, Matarin Capital Management LLC, Pictet Asset Management Ltd., BlackRock Inc., Real Estate Management Services LLC, JPMorgan Chase & Co. and JPMorgan Chase & Co.. Company insiders that have bought Catchmark Timber Trust stock in the last two years include Brian M Davis, Donald S Moss, Jerry Barag 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, Scottrade, Fidelity and Charles Schwab.
What is Catchmark Timber Trust's stock price today?
One share of CTT stock can currently be purchased for approximately $9.09.
How big of a company is Catchmark Timber Trust?
Catchmark Timber Trust has a market capitalization of $446.14 million and generates $91.29 million in revenue each year. The financial services provider earns $-13,510,000.00 in net income (profit) each year or ($0.34) on an earnings per share basis. Catchmark Timber Trust employs 19 workers across the globe.
What is Catchmark Timber Trust's official website?
How can I contact Catchmark Timber Trust?
Catchmark Timber Trust's mailing address is 5 CONCOURSE PARKWAY SUITE 2325, 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)
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.
