NYSE:CTT - Catchmark Timber Trust Stock Price, Forecast & News

Catchmark Timber Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTT."

Catchmark Timber Trust declared a quarterly dividend on Thursday, February 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.135 per share on Monday, March 16th. This represents a $0.54 annualized dividend and a yield of 4.95%. The ex-dividend date of this dividend is Thursday, February 27th. View Catchmark Timber Trust's Dividend History.

Catchmark Timber Trust Inc (NYSE:CTT) released its earnings results on Friday, February, 14th. The financial services provider reported ($0.24) EPS for the quarter, missing analysts' consensus estimates of ($0.23) by $0.01. The financial services provider earned $29.10 million during the quarter, compared to the consensus estimate of $30.02 million. Catchmark Timber Trust had a negative net margin of 87.45% and a negative return on equity of 41.88%. View Catchmark Timber Trust's Earnings History.

Catchmark Timber Trust is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Catchmark Timber Trust.

3 Wall Street analysts have issued 1 year price targets for Catchmark Timber Trust's stock. Their forecasts range from $12.00 to $12.00. On average, they expect Catchmark Timber Trust's share price to reach $12.00 in the next year. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets for 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.

News stories about CTT stock have been trending negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Catchmark Timber Trust earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the next several days. View News Stories for Catchmark Timber Trust.

Catchmark Timber Trust saw a decline in short interest in January. As of January 15th, there was short interest totalling 516,800 shares, a decline of 10.4% from the December 31st total of 576,800 shares. Based on an average trading volume of 198,400 shares, the short-interest ratio is presently 2.6 days. Approximately 1.1% of the shares of the company are sold short. View Catchmark Timber Trust's Current Options Chain.

Some companies that are related to Catchmark Timber Trust include DiamondRock Hospitality (DRH), The GEO Group (GEO), Corecivic (CXW), Uniti Group (UNIT), Retail Opportunity Investments (ROIC), LTC Properties (LTC), Redwood Trust (RWT), Mack Cali Realty (CLI), Global Net Lease (GNL), Diversified Healthcare Trust (DHC), Easterly Government Properties (DEA), Colony Credit Real Estate (CLNC), Safestore (SFSHF), Universal Health Realty Income Trust (UHT) and Chesapeake Lodging Trust (CHSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Catchmark Timber Trust investors own include KKR & Co Inc (KKR), AbbVie (ABBV), Tanger Factory Outlet Centers (SKT), AGNC Investment (AGNC), ANNALY CAP MGMT/SH (NLY), AT&T (T), USA Compression Partners (USAC), Omega Healthcare Investors (OHI), WP Carey (WPC) and Intel (INTC).

Catchmark Timber Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (7.31%), Pictet Asset Management Ltd. (6.15%), Investment Counselors of Maryland LLC (3.70%), Bank of America Corp DE (2.69%), Bank of Montreal Can (2.19%) and State Street Corp (2.11%). 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.

CTT stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Brookfield Public Securities Group LLC, Granite Investment Partners LLC, Bank of New York Mellon Corp, Real Estate Management Services LLC, Victory Capital Management Inc., Securian Asset Management Inc and Bank of Montreal Can. View Insider Buying and Selling for Catchmark Timber Trust.

CTT stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Capital Square LLC, State Street Corp, Campbell & CO Investment Adviser LLC, Investment Counselors of Maryland LLC, Russell Investments Group Ltd., Vestcor Investment Management Corp and Dalton Greiner Hartman Maher & Co.. 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.

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.

One share of CTT stock can currently be purchased for approximately $10.92.

Catchmark Timber Trust has a market capitalization of $535.19 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.View Additional Information About Catchmark Timber Trust.

The official website for Catchmark Timber Trust is http://www.catchmark.com/.

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]