NYSE:CTT Catchmark Timber Trust Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Catchmark Timber Trust Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.65 +0.19 (+2.25 %) (As of 09/28/2020 06:25 AM ET) Add Compare Share Today's Range$8.46Now: $8.65▼$8.7050-Day Range$8.46MA: $9.67▼$10.3852-Week Range$5.13Now: $8.65▼$12.54Volume148,100 shsAverage Volume233,845 shsMarket Capitalization$421.82 millionP/E RatioN/ADividend Yield6.24%Beta1.28 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingCatchmark Timber Trust has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.00, Catchmark Timber Trust has a forecasted upside of 27.2% from its current price of $8.65.Amount of Analyst CoverageCatchmark Timber Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesCatchmark Timber Trust has received 264 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCatchmark Timber Trust has received 255 “underperform” votes. (Add your “underperform” vote.)Community SentimentCatchmark Timber Trust has received 50.87% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipCatchmark Timber Trust is a leading dividend payer. It pays a dividend yield of 6.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCatchmark Timber Trust has only been increasing its dividend for 1 years. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Catchmark Timber Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.95% of the stock of Catchmark Timber Trust is held by insiders.Percentage Held by Institutions82.72% of the stock of Catchmark Timber Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Catchmark Timber Trust are expected to grow in the coming year, from ($0.38) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Catchmark Timber Trust is -9.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Catchmark Timber Trust is -9.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCatchmark Timber Trust has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.82 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorConstruction Current SymbolNYSE:CTT Previous Symbol CUSIPN/A CIK1341141 Webwww.catchmark.com Phone855-858-9794Debt Debt-to-Equity Ratio3.08 Current Ratio0.97 Quick Ratio0.97Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$106.71 million Price / Sales3.95 Cash FlowN/A Price / Cash FlowN/A Book Value$3.94 per share Price / Book2.20Profitability EPS (Most Recent Fiscal Year)($2.05) Net Income$-93,320,000.00 Net Margins-41.07% Return on Equity-28.72% Return on Assets-7.66%Miscellaneous Employees25 Outstanding Shares48,765,000Market Cap$421.82 million Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $8.65 +0.19 (+2.25 %) (As of 09/28/2020 06:25 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CTT News and Ratings via Email Sign-up to receive the latest news and ratings for CTT and its competitors with MarketBeat's FREE daily newsletter. Catchmark Timber Trust (NYSE:CTT) Frequently Asked Questions 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 (WHO). Since then, CTT shares have increased by 16.0% and is now trading at $8.65. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Catchmark Timber Trust? 5 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Catchmark Timber Trust. When is Catchmark Timber Trust's next earnings date? Catchmark Timber Trust is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Catchmark Timber Trust. How were Catchmark Timber Trust's earnings last quarter? Catchmark Timber Trust Inc (NYSE:CTT) announced its earnings results on Monday, August, 3rd. The financial services provider reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.07. Catchmark Timber Trust had a negative net margin of 41.07% and a negative return on equity of 28.72%. View Catchmark Timber Trust's earnings history. 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, August 3rd. Stockholders of record on Monday, August 31st will be paid a dividend of $0.135 per share on Tuesday, September 15th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 6.24%. The ex-dividend date of this dividend is Friday, August 28th. View Catchmark Timber Trust's dividend history. What price target have analysts set for CTT? 5 analysts have issued 12 month price targets for Catchmark Timber Trust's shares. Their forecasts range from $10.00 to $12.00. On average, they anticipate Catchmark Timber Trust's stock price to reach $11.00 in the next year. This suggests a possible upside of 27.2% from the stock's current price. View analysts' price targets for Catchmark Timber Trust. Who are some of Catchmark Timber Trust's key competitors? Some companies that are related to Catchmark Timber Trust include Caretrust REIT (CTRE), PennyMac Mortgage Investment Trust (PMT), Washington Real Estate Investment Trust (WRE), Pebblebrook Hotel Trust (PEB), Paramount Group (PGRE), American Assets Trust (AAT), RLJ Lodging Trust (RLJ), Two Harbors Investment (TWO), Global Net Lease (GNL), Industrial Logistics Properties Trust (ILPT), Apollo Commercial Real Est. Finance (ARI), The GEO Group (GEO), Monmouth R.E. Inv. (MNR), LTC Properties (LTC) and ARBOR RLTY TR I/SH (ABR). View all 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 LP Unit (ET), ANNALY CAP MGMT/SH (NLY), Enterprise Products Partners (EPD), AGNC Investment (AGNC), Ford Motor (F) and Intel (INTC). Who are Catchmark Timber Trust's key executives? Catchmark Timber Trust's management team includes the following 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) 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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.27%), Bank of America Corp DE (3.16%), Bank of Montreal Can (2.15%), Chilton Capital Management LLC (1.66%), Peregrine Capital Management LLC (1.36%) and Real Estate Management Services LLC (1.14%). 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, Paul S Fisher 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 Dalton Greiner Hartman Maher & Co., North Star Investment Management Corp., Goldman Sachs Group Inc., Vanguard Group Inc., Capital Investment Advisors LLC, Real Estate Management Services LLC, Chilton Capital Management LLC, and Bank of New York Mellon Corp. View insider buying and selling activity for Catchmark Timber Trust. Which institutional investors are buying Catchmark Timber Trust stock? CTT stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Huber Capital Management LLC, Wedge Capital Management L L P NC, Granite Investment Partners LLC, Bank of Montreal Can, RMB Capital Management LLC, Raymond James Financial Services Advisors Inc., and California Public Employees Retirement System. 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, Paul S Fisher, and Ursula Godoy-Arbelaez. View insider buying and selling activity 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 $8.65. How big of a company is Catchmark Timber Trust? Catchmark Timber Trust has a market capitalization of $421.82 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. What is Catchmark Timber Trust's official website? The official website for Catchmark Timber Trust is www.catchmark.com. 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 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
