CatchMark Timber Trust Stock Forecast, Price & News

$11.98
-0.03 (-0.25 %)
(As of 06/14/2021 04:15 PM ET)
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Today's Range
$11.84
$12.09
50-Day Range
$10.39
$12.50
52-Week Range
$7.91
$12.78
Volume191,077 shs
Average Volume231,647 shs
Market Capitalization$585.87 million
P/E RatioN/A
Dividend Yield4.50%
Beta1.4
30 days | 90 days | 365 days | Advanced Chart
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CatchMark Timber Trust logo

About CatchMark Timber Trust

CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.5 million acres* of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina and Texas.

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MarketRank

Overall MarketRank

1.45 out of 5 stars

Construction Sector

83rd out of 209 stocks

Real Estate Investment Trusts Industry

173rd out of 275 stocks

Analyst Opinion: 1.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
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CatchMark Timber Trust (NYSE:CTT) Frequently Asked Questions

Is CatchMark Timber Trust a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CatchMark Timber Trust in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CatchMark Timber Trust stock.
View analyst ratings for CatchMark Timber Trust
or view top-rated stocks.

What stocks does MarketBeat like better than CatchMark Timber Trust?

Wall Street analysts have given CatchMark Timber Trust a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CatchMark Timber Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CatchMark Timber Trust?

CatchMark Timber Trust saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 995,500 shares, an increase of 22.4% from the May 13th total of 813,600 shares. Based on an average daily volume of 218,600 shares, the short-interest ratio is currently 4.6 days. Currently, 2.1% of the shares of the stock are short sold.
View CatchMark Timber Trust's Short Interest
.

When is CatchMark Timber Trust's next earnings date?

CatchMark Timber Trust is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
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 earnings results on Thursday, May, 6th. The financial services provider reported ($0.01) EPS for the quarter, beating the Zacks' consensus estimate of ($0.04) by $0.03. CatchMark Timber Trust had a negative trailing twelve-month return on equity of 10.14% and a negative net margin of 13.18%.
View CatchMark Timber Trust's earnings history
.

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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CTT shares have increased by 58.8% and is now trading at $11.85.
View which stocks have been most impacted by COVID-19
.

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, May 6th. Investors of record on Friday, May 28th will be given a dividend of $0.135 per share on Tuesday, June 15th. This represents a $0.54 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend is Thursday, May 27th.
View CatchMark Timber Trust's dividend history
.

Is CatchMark Timber Trust a good dividend stock?

CatchMark Timber Trust pays an annual dividend of $0.54 per share and currently has a dividend yield of 4.50%. CTT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View CatchMark Timber Trust's dividend history.

What price target have analysts set for CTT?

6 brokers have issued 12 month target prices for CatchMark Timber Trust's stock. Their forecasts range from $11.00 to $13.50. On average, they expect CatchMark Timber Trust's stock price to reach $12.60 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
View analysts' price targets for CatchMark Timber Trust
or view top-rated stocks among Wall Street analysts.

Who are CatchMark Timber Trust's key executives?

CatchMark Timber Trust's management team includes the following people:
  • Mr. Brian M. Davis, CEO, Pres & Director (Age 52, Pay $888.07k)
  • Ms. Ursula Godoy-Arbelaez, CFO, Sr. VP & Treasurer (Age 40, Pay $435.76k)
  • Ms. Lesley H. Solomon J.D., Gen. Counsel & Corp. Sec. (Age 49, Pay $467.2k)
  • Mr. Todd P. Reitz, Sr. VP & Chief Resources Officer (Age 50, Pay $598.61k)
  • Mr. Glen F. Smith, Chief Accounting Office , VP & Assistant Sec.
  • Mr. John F. Rasor, Pres of Triple T Timberlands (Age 78)
  • Mr. John D. Capriotti, VP of Acquisitions

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), Medical Properties Trust (MPW), Tanger Factory Outlet Centers (SKT), Energy Transfer (ET), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), AGNC Investment (AGNC), Ford Motor (F) and Intel (INTC).

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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.62%), Renaissance Technologies LLC (5.89%), Investment Counselors of Maryland LLC (5.04%), Geode Capital Management LLC (2.10%), Nuveen Asset Management LLC (2.08%) and Bank of Montreal Can (1.47%). Company insiders that own CatchMark Timber Trust stock include Brian M Davis 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 Renaissance Technologies LLC, Millennium Management LLC, Arrowstreet Capital Limited Partnership, Royal Bank of Canada, D. E. Shaw & Co. Inc., Northern Trust Corp, Russell Investments Group Ltd., and Dalton Greiner Hartman Maher & Co..
View insider buying and selling activity for CatchMark Timber Trust
or view top insider-selling stocks.

Which institutional investors are buying CatchMark Timber Trust stock?

CTT stock was purchased by a variety of institutional investors in the last quarter, including Punch & Associates Investment Management Inc., Nuveen Asset Management LLC, BlackRock Inc., Royce & Associates LP, Investment Counselors of Maryland LLC, Camelot Portfolios LLC, Geode Capital Management LLC, and Walthausen & Co. LLC. Company insiders that have bought CatchMark Timber Trust stock in the last two years include Brian M Davis, and Ursula Godoy-Arbelaez.
View insider buying and selling activity for CatchMark Timber Trust
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CatchMark Timber Trust's stock price today?

One share of CTT stock can currently be purchased for approximately $11.85.

How much money does CatchMark Timber Trust make?

CatchMark Timber Trust has a market capitalization of $579.51 million and generates $104.29 million in revenue each year. The financial services provider earns $-17,510,000.00 in net income (profit) each year or ($0.36) on an earnings per share basis.

How many employees does CatchMark Timber Trust have?

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.

Where are CatchMark Timber Trust's headquarters?

CatchMark Timber Trust is headquartered at 5 CONCOURSE PARKWAY SUITE 2650, ATLANTA GA, 30328.

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 6/14/2021 by MarketBeat.com Staff
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