CatchMark Timber Trust, Inc. is a real estate company investing in timberlands. The Company primarily engages in the ownership, management, acquisition and disposition of timberlands located in the United States. It is focused on investing in timberlands and to manage such assets to provide current income and attractive long-term returns to its stockholders. It owns all its properties and other investments through its operating partnership. The Company generates its income from the harvest and sale of timber, as well as from non-timber related revenue sources, such as recreational leases. In April 2014, the Company acquired 36,300 acres of timberland (known as the Waycross-Panola properties) located in Southeast Georgia and East Texas from Hancock Timber Resource Group. Approximately 55,600 acres of prime timberlands, known as Oglethorpe and Satilla River, add 2.7 million tons of timber to the Company's merchantable inventory.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Lumber, Wood Production
- Sub-Industry: N/A
- Symbol: NYSE:CTT
- CUSIP: N/A
- Web: www.catchmark.com
Capitalization:- Market Cap: $448.26 million
- Outstanding Shares: 38,810,000
Average Prices:- 50 Day Moving Avg: $11.45
- 200 Day Moving Avg: $11.23
- 52 Week Range: $10.05 - $12.58
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -26.86
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $77.8 million
- Price / Sales: 5.76
- Book Value: $9.62 per share
- Price / Book: 1.20
Dividend:- Annual Dividend: $0.54
- Dividend Yield: 4.7%
Profitability:- EBIDTA: $23.21 million
- Net Margins: -16.02%
- Return on Equity: -3.25%
- Return on Assets: -1.78%
Debt:- Debt-to-Equity Ratio: 0.86%
- Current Ratio: 0.56%
- Quick Ratio: 0.56%
Misc:- Average Volume: 121,525 shs.
- Beta: 0.65
- Short Ratio: 3.34
Frequently Asked Questions for CatchMark Timber Trust (NYSE:CTT)
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 announced a quarterly dividend on Friday, May 5th. Investors of record on Wednesday, May 31st will be given a dividend of $0.135 per share on Friday, June 16th. This represents a $0.54 annualized dividend and a dividend yield of 4.68%. The ex-dividend date is Friday, May 26th. 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 Thursday, May, 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.03. The company had revenue of $23.13 million for the quarter, compared to analyst estimates of $25.51 million. CatchMark Timber Trust had a negative net margin of 16.02% and a negative return on equity of 3.25%. View CatchMark Timber Trust's Earnings History.
Who are some of CatchMark Timber Trust's key competitors?
Some companies that are related to CatchMark Timber Trust include Gamco Investors (GBL), Washington Trust Bancorp (WASH), Opus Bank (OPB), iStar Financial (STAR), Meta Financial Group (CASH), InfraREIT (HIFR), OceanFirst Financial Corp. (OCFC), Live Oak Bancshares (LOB), American Capital Mortgage Investment Corp. (MTGE), Starwood Waypoint Residential Trust (SWAY), Customers Bancorp (CUBI), New Senior Investment Group (SNR), Pennsylvania Real Estate Investment Trust (PEI), Stock Yards Bancorp (SYBT), Meridian Bancorp (EBSB), Triangle Capital Corporation (TCAP), Universal Insurance Holdings (UVE) and Getty Realty Corporation (GTY).
Who owns CatchMark Timber Trust stock?
CatchMark Timber Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (2.86%), Ranger Global Real Estate Advisors LLC (1.34%), Manning & Napier Advisors LLC (1.22%), Real Estate Management Services LLC (0.95%), Dalton Greiner Hartman Maher & Co. (0.79%) and North Star Investment Management Corp. (0.18%). Company insiders that own CatchMark Timber Trust stock include Brian M Davis, Donald S Moss, Douglas Rubenstein and Paul S Fisher. View Institutional Ownership Trends for CatchMark Timber Trust.
Who sold CatchMark Timber Trust stock? Who is selling CatchMark Timber Trust stock?
CatchMark Timber Trust's stock was sold by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, Dalton Greiner Hartman Maher & Co., Manning & Napier Advisors LLC, Sprott Inc. and OLD National Bancorp IN. View Insider Buying and Selling for CatchMark Timber Trust.
Who bought CatchMark Timber Trust stock? Who is buying CatchMark Timber Trust stock?
CatchMark Timber Trust's stock was acquired by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, Aperio Group LLC and NEXT Financial Group Inc. Company insiders that have bought CatchMark Timber Trust stock in the last two years include Brian M Davis, Donald S Moss, Douglas Rubenstein and Paul S Fisher. View Insider Buying and Selling for CatchMark Timber Trust.
How do I buy CatchMark Timber Trust stock?
Shares of CatchMark Timber Trust can be purchased through any online brokerage account. Popular online brokerages 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 CatchMark Timber Trust stock can currently be purchased for approximately $11.55.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for CatchMark Timber Trust (NYSE:CTT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for CatchMark Timber Trust (NYSE:CTT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/6/2016 | Stifel Nicolaus | Lower Price Target | Buy | $14.00 -> $13.00 | N/A |  |
| 3/9/2016 | Robert W. Baird | Lower Price Target | Outperform | $14.00 -> $12.00 | N/A | |
| 11/25/2015 | Royal Bank Of Canada | Reiterated Rating | Underperform | $8.20 -> $7.70 | N/A | |
(Data available from 7/20/2015 forward)
Earnings History for CatchMark Timber Trust (NYSE:CTT)Earnings History by Quarter for CatchMark Timber Trust (NYSE CTT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/4/2017 | Q1 | ($0.08) | ($0.05) | $25.51 million | $23.13 million | View | Listen | |
| 2/16/2017 | Q416 | ($0.11) | ($0.13) | $18.80 million | $20.40 million | View | N/A | |
| 11/3/2016 | Q316 | ($0.11) | ($0.07) | $7.55 million | $18.30 million | View | N/A | |
| 8/8/2016 | Q216 | ($0.08) | ($0.07) | $14.20 million | $16.00 million | View | N/A | |
| 5/5/2016 | Q116 | ($0.06) | ($0.02) | $7.55 million | $27.20 million | View | N/A | |
| 3/7/2016 | Q415 | ($0.08) | ($0.08) | $7.55 million | $17.10 million | View | N/A | |
| 11/2/2015 | Q315 | $0.17 | $0.20 | $7.55 million | $17.60 million | View | N/A | |
| 8/3/2015 | Q215 | $0.08 | ($0.06) | $7.55 million | $14.20 million | View | N/A | |
| 2/23/2015 | Q414 | $0.21 | $0.16 | $7.60 million | $20.90 million | View | N/A | |
| 8/14/2014 | Q214 | ($0.02) | ($0.01) | $9.30 million | $11.90 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for CatchMark Timber Trust (NYSE:CTT)Current Year EPS Consensus Estimate: $-0.38 EPS
Next Year EPS Consensus Estimate: $-0.43 EPS
Current Dividend Information for CatchMark Timber Trust (NYSE:CTT)| Most Recent Dividend: | 6/16/2017 |
| Annual Dividend: | $0.54 |
| Dividend Yield: | 4.68% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | -168.75% (Trailing 12 Months of Earnings)
-142.11% (Based on This Year's Estimates)
-125.58% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
Dividend History by Quarter for CatchMark Timber Trust (NYSE CTT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/5/2017 | quarterly | $0.14 | 4.6% | 5/26/2017 | 5/31/2017 | 6/16/2017 |
| 2/17/2017 | quarterly | $0.14 | 4.98% | 2/24/2017 | 2/28/2017 | 3/16/2017 |
| 11/4/2016 | quarterly | $0.14 | 5.07% | 11/16/2016 | 11/20/2016 | 12/16/2016 |
| 8/10/2016 | quarterly | $0.14 | 4.42% | 8/26/2016 | 8/30/2016 | 9/16/2016 |
| 5/6/2016 | quarterly | $0.14 | 4.93% | 5/25/2016 | 5/27/2016 | 6/16/2016 |
| 2/18/2016 | quarterly | $0.13 | 4.51% | 2/25/2016 | 2/29/2016 | 3/16/2016 |
| 11/4/2015 | quarterly | $0.13 | 4.5% | 11/24/2015 | 11/27/2015 | 12/14/2015 |
| 8/4/2015 | quarterly | $0.13 | 4.55% | 8/26/2015 | 8/28/2015 | 9/14/2015 |
| 5/5/2015 | quarterly | $0.13 | 4.2% | 5/27/2015 | 5/29/2015 | 6/15/2015 |
| 2/20/2015 | quarterly | $0.13 | 4.25% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
| 11/17/2014 | quarterly | $0.13 | 4.58% | 11/24/2014 | 11/26/2014 | 12/15/2014 |
| 6/2/2014 | quarterly | $0.13 | 3.72% | 8/27/2014 | 8/29/2014 | 9/15/2014 |
| 5/15/2014 | quarterly | $0.11 | 3.34% | 5/28/2014 | 5/30/2014 | 6/16/2014 |
| 12/20/2013 | special | $0.11 | | 2/26/2014 | 2/28/2014 | 3/17/2014 |
| 12/19/2013 | quarterly | $0.11 | | 2/26/2014 | 2/28/2014 | 3/17/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for CatchMark Timber Trust (NYSE:CTT)Insider Ownership Percentage: 1.20%
Institutional Ownership Percentage: 69.68%
Insider Trades by Quarter for CatchMark Timber Trust (NYSE:CTT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 2/28/2017 | Brian M Davis | CFO | Buy | 1,500 | $10.75 | $16,125.00 | |
| 2/27/2017 | Paul S Fisher | Director | Buy | 5,000 | $10.86 | $54,300.00 | |
| 2/23/2017 | Donald S Moss | Director | Buy | 2,000 | $10.69 | $21,380.00 | |
| 11/8/2016 | Douglas Rubenstein | Director | Buy | 5,000 | $10.93 | $54,650.00 | |
| 8/22/2016 | Brian M Davis | CFO | Buy | 3,500 | $11.70 | $40,950.00 | |
| 9/15/2015 | Donald S Moss | Director | Buy | 2,000 | $9.97 | $19,940.00 | |
| 8/13/2015 | Donald S Moss | Director | Buy | 2,000 | $10.79 | $21,580.00 | |
| 2/26/2015 | Donald S Moss | Director | Buy | 6,500 | $11.68 | $75,920.00 | |
| 12/16/2014 | Henry G Zigtema | Director | Buy | 2,000 | $10.67 | $21,340.00 | |
| 9/15/2014 | Henry G Zigtema | Director | Buy | 1,000 | $11.25 | $11,250.00 | |
| 9/11/2014 | Jerry Barag | CEO | Buy | 1,750 | $11.63 | $20,352.50 | |
| 9/5/2014 | Henry G Zigtema | Director | Buy | 1,000 | $11.89 | $11,890.00 | |
| 5/19/2014 | Donald S Moss | Director | Buy | 1,125 | $14,969.80 | $16,841,025.00 | |
| 12/17/2013 | Donald S Moss | Director | Buy | 7,406 | $13.50 | $99,981.00 | |
| 12/17/2013 | Jerry Barag | CEO | Buy | 22,221 | $13.50 | $299,983.50 | |
| 12/17/2013 | John F Rasor | COO | Buy | 18,518 | $13.50 | $249,993.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for CatchMark Timber Trust (NYSE:CTT)
Latest Headlines for CatchMark Timber Trust (NYSE:CTT)
| Source: |
|
| Date | Headline |
|---|
 | CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bullish Manner : CTT-US : July 18, 2017
finance.yahoo.com - July 18 at 7:08 PM |
 | Zacks Investment Research Lowers CatchMark Timber Trust, Inc. (CTT) to Hold
www.americanbankingnews.com - July 10 at 11:00 PM |
| CatchMark Scheduled to Release Second Quarter 2017 Earnings on August 3, 2017
finance.yahoo.com - July 5 at 6:24 PM |
| Zacks: Analysts Anticipate CatchMark Timber Trust, Inc. (CTT) Will Announce Quarterly Sales of $22.87 Million
www.americanbankingnews.com - June 30 at 11:23 AM |
| CatchMark Timber Trust, Inc. (CTT) Expected to Announce Earnings of -$0.10 Per Share
www.americanbankingnews.com - June 28 at 10:04 PM |
| Contrasting Patrick Industries (PATK) & CatchMark Timber Trust (CTT)
www.americanbankingnews.com - June 25 at 6:38 PM |
| Critical Contrast: CatchMark Timber Trust (CTT) versus Patrick Industries (PATK)
www.americanbankingnews.com - June 24 at 8:15 AM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bearish Manner : CTT-US : June 20, 2017
finance.yahoo.com - June 20 at 5:14 PM |
| Reviewing Enviva Partners, (EVA) and CatchMark Timber Trust (CTT)
www.americanbankingnews.com - June 18 at 8:24 PM |
| 3 Top Dividend Stocks in Lumber
finance.yahoo.com - June 16 at 4:35 AM |
| Analysts Anticipate Catchmark Timber Trust Inc (CTT) Will Announce Quarterly Sales of $22.87 Million
www.americanbankingnews.com - June 4 at 7:43 AM |
 | BRIEF-Catchmark Timber Trust files for mixed shelf of up to $600 mln
www.reuters.com - June 2 at 11:07 PM |
| Catchmark Timber Trust Inc (CTT) Expected to Announce Earnings of -$0.11 Per Share
www.americanbankingnews.com - June 2 at 8:30 PM |
| CatchMark Timber Trust, Inc. breached its 50 day moving average in a Bullish Manner : CTT-US : June 2, 2017
finance.yahoo.com - June 2 at 6:05 PM |
| CatchMark Timber Trust (CTT): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - May 26 at 5:06 PM |
| CatchMark President/CEO to Present at REITWeek in New York
finance.yahoo.com - May 26 at 5:06 PM |
| Catchmark Timber Trust Inc (CTT) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 10 at 8:56 PM |
| Zacks: Analysts Expect Catchmark Timber Trust Inc (CTT) Will Post Earnings of -$0.13 Per Share
www.americanbankingnews.com - May 9 at 10:07 AM |
| Edited Transcript of CTT earnings conference call or presentation 5-May-17 2:00pm GMT
finance.yahoo.com - May 6 at 7:46 AM |
 | CatchMark Timber Trust, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 5 at 9:48 PM |
| Catchmark Timber Trust Inc (CTT) Announces Quarterly Dividend of $0.14
www.americanbankingnews.com - May 5 at 6:02 PM |
| Catchmark Timber Trust Inc (CTT) Announces Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - May 5 at 4:40 PM |
 | Catchmark Timber Trust (CTT) Declares $0.135 Quarterly Dividend; 4.6% Yield
www.streetinsider.com - May 4 at 9:46 PM |
| CatchMark reports 1Q loss
finance.yahoo.com - May 4 at 9:46 PM |
| CatchMark Reports First Quarter 2017 Results and Declares Dividend
finance.yahoo.com - May 4 at 4:45 PM |
| Catchmark Timber Trust (CTT) Earns News Sentiment Rating of 0.32
www.americanbankingnews.com - May 3 at 10:14 PM |
| Catchmark Timber Trust (CTT) Earning Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 29 at 9:15 PM |
| Catchmark Timber Trust (CTT) Form JV with MPERS to Acquire North Georgia Timberlands
www.streetinsider.com - April 28 at 3:09 AM |
| CatchMark Partners with MPERS To Acquire North Georgia Timberlands
finance.yahoo.com - April 27 at 1:58 AM |
| Catchmark Timber Trust Inc (CTT) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - April 25 at 11:34 PM |
| Catchmark Timber Trust (CTT) Receives News Sentiment Score of 0.36
www.americanbankingnews.com - April 25 at 2:12 PM |
| Catchmark Timber Trust (CTT) Earns News Impact Rating of 0.44
www.americanbankingnews.com - April 22 at 9:36 AM |
| ETFs with exposure to CatchMark Timber Trust, Inc. : April 21, 2017
finance.yahoo.com - April 21 at 4:40 PM |
| Catchmark Timber Trust Inc (CTT) Expected to Announce Quarterly Sales of $25.51 Million
www.americanbankingnews.com - April 20 at 1:47 PM |
| Somewhat Favorable Media Coverage Very Likely to Impact Catchmark Timber Trust (CTT) Stock Price
www.americanbankingnews.com - April 19 at 10:55 AM |
| Catchmark Timber Trust Inc (CTT) Expected to Announce Earnings of -$0.08 Per Share
www.americanbankingnews.com - April 18 at 3:01 PM |
| Catchmark Timber Trust (CTT) Getting Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 15 at 3:39 PM |
| Catchmark Timber Trust Inc (CTT) Upgraded by TheStreet to "C-"
www.americanbankingnews.com - April 11 at 2:45 PM |
| CatchMark Scheduled to Release First Quarter 2017 Earnings on May 4, 2017
finance.yahoo.com - April 7 at 4:32 PM |
| Catchmark Timber Trust Inc (CTT) Receives Consensus Rating of "" from Brokerages
www.americanbankingnews.com - March 21 at 11:52 AM |
| CATCHMARK TIMBER TRUST, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 6 at 10:19 AM |
| CATCHMARK TIMBER TRUST, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 3 at 4:36 PM |
 | CatchMark Timber Trust, Inc. (CTT) Ex-Dividend Date Scheduled for February 24 ...
www.nasdaq.com - February 24 at 12:05 PM |
| Edited Transcript of CTT earnings conference call or presentation 17-Feb-17 3:00pm GMT
finance.yahoo.com - February 21 at 5:43 PM |
| Catchmark Timber Trust (CTT) Misses Q4 EPS by 2c, Reports Increased Dividend By 6% Vs 2015
www.streetinsider.com - February 18 at 9:28 AM |
| CatchMark Timber Trust's (CTT) CEO Jerry Barag on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 17 at 3:37 PM |
| CATCHMARK TIMBER TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - February 16 at 11:31 PM |
| CATCHMARK TIMBER TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - February 16 at 11:31 PM |
| BRIEF-CatchMark Timber Trust Q4 rev. $20.4 mln versus $17.1 mln
www.reuters.com - February 16 at 6:31 PM |
| BRIEF-Catchmark reports Q4 revenue $20.4 million
www.reuters.com - February 16 at 6:31 PM |
CatchMark Timber Trust (CTT) Chart for Thursday, July, 20, 2017
