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
Phone855-858-9794
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$97.86 million
Profitability
Miscellaneous
Employees25
Next Earnings Date10/31/2019 (Confirmed)
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 announced a quarterly dividend on Thursday, August 1st. Stockholders of record on Friday, August 30th will be given a dividend of $0.135 per share on Friday, September 13th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.66%. The ex-dividend date is Thursday, August 29th. View Catchmark Timber Trust's Dividend History.
How were Catchmark Timber Trust's earnings last quarter?
Catchmark Timber Trust Inc (NYSE:CTT) released its earnings results on Thursday, August, 1st. The financial services provider reported ($0.62) EPS for the quarter, missing the Zacks' consensus estimate of ($0.58) by $0.04. The financial services provider had revenue of $28.66 million for the quarter, compared to the consensus estimate of $32.30 million. Catchmark Timber Trust had a negative return on equity of 58.86% and a negative net margin of 180.35%. View Catchmark Timber Trust's Earnings History.
When is Catchmark Timber Trust's next earnings date?
How can I listen to Catchmark Timber Trust's earnings call?
Catchmark Timber Trust will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for CTT?
4 analysts have issued 12-month target prices for Catchmark Timber Trust's shares. Their predictions range from $10.50 to $12.00. On average, they expect Catchmark Timber Trust's stock price to reach $11.13 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. 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?
Press coverage about CTT stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news 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 five, with scores closest to five being the most favorable. Catchmark Timber Trust earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news articles 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 stock'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 decrease in short interest in September. As of September 30th, there was short interest totalling 1,110,000 shares, a decrease of 12.6% from the August 30th total of 1,270,000 shares. Based on an average daily trading volume, of 178,500 shares, the days-to-cover ratio is currently 6.2 days. Currently, 2.3% of the company's 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 Senior Housing Properties Trust (SNH), Invesco Mortgage Capital (IVR), Retail Opportunity Investments (ROIC), Ladder Capital (LADR), LTC Properties (LTC), National Storage Affiliates Trust (NSA), Mack Cali Realty (CLI), DiamondRock Hospitality (DRH), Four Corners Property Trust (FCPT), The GEO Group (GEO), Redwood Trust (RWT), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Essential Properties Realty Trust (EPRT), Colony Credit Real Estate (CLNC) and Alexander & Baldwin (ALEX).
What other stocks do shareholders of Catchmark Timber Trust own?
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. (1.12%), Envestnet Asset Management Inc. (0.27%), Nisa Investment Advisors LLC (0.10%), Meeder Asset Management Inc. (0.07%) and Stephens Inc. AR (0.05%). 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 Peregrine Capital Management LLC, Dalton Greiner Hartman Maher & Co., Stephens Inc. AR, State of Alaska Department of Revenue, Wiley BROS. Aintree Capital LLC and NEXT Financial Group Inc. 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 Meeder Asset Management Inc., Envestnet Asset Management Inc. and Nisa Investment Advisors LLC. 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 $11.59.
How big of a company is Catchmark Timber Trust?
Catchmark Timber Trust has a market capitalization of $567.98 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?
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)
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.
