How were CatchMark Timber Trust's earnings last quarter?

CatchMark Timber Trust, Inc. (NYSE:CTT) announced its quarterly earnings data on Thursday, May, 5th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.08. CatchMark Timber Trust had a trailing twelve-month return on equity of 30.17% and a net margin of 59.22%. During the same period in the prior year, the firm posted ($0.01) earnings per share.

Is CatchMark Timber Trust a good dividend stock?

CatchMark Timber Trust (NYSE:CTT) pays an annual dividend of $0.30 per share and currently has a dividend yield of 2.89%. The dividend payout ratio is 25.86%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CTT .

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 (SKT) , Energy Transfer (ET) , Annaly Capital Management (NLY) , Enterprise Products Partners (EPD) , AGNC Investment (AGNC) , Ford Motor (F) and Intel (INTC) .

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NYSE:CTT

CatchMark Timber Trust (CTT) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $10.19
▼
$10.48
50-Day Range: $10.37
▼
$11.30
52-Week Range: $7.18
▼
$12.41

Volume: 1.93 million shs
Average Volume: 382,669 shs
Market Capitalization: $510.98 million

P/E Ratio: 8.94
Dividend Yield: 2.89%
Price Target: N/A

Stock Analysis

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CatchMark Timber Trust MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -3.06
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.08) to ($0.09) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.16 out of 5 stars

Construction Sector

99th out of 100 stocks

Real Estate Investment Trusts Industry

176th out of 176 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for CatchMark Timber Trust.

N/A

Short Interest

Short Interest
There is no current short interest data available for CTT.

1.7

Dividend Strength

Dividend Yield
CatchMark Timber Trust pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
CatchMark Timber Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of CatchMark Timber Trust is 25.86%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CatchMark Timber Trust has received a -125.66% net impact score from Upright. The largest negative impact of Catchmark Timber in category "GHG emissions" is driven by its "Plywood", "Lumber", and "Forest holdings" products. See details.
Environmental Sustainability
The Environmental Impact score for CatchMark Timber Trust is -3.06.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for CatchMark Timber Trust this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CatchMark Timber Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.34% of the stock of CatchMark Timber Trust is held by insiders.
Percentage Held by Institutions
84.71% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for CatchMark Timber Trust are expected to decrease in the coming year, from ($0.08) to ($0.09) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CatchMark Timber Trust is 8.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of CatchMark Timber Trust is 8.94, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 17.58.
Price to Book Value per Share Ratio
CatchMark Timber Trust has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About CatchMark Timber Trust Stock (NYSE:CTT)

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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CTT Stock News Headlines

April 18, 2024 | morningstar.com

Cettire Ltd Ordinary Shares CTT

February 18, 2024 | bbc.co.uk

Tools, equipment and processes

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

May 20, 2023 | forbes.com

The Essential Importance Of Trust: How To Build It Or Restore It

March 24, 2023 | wsj.com

CTT Systems AB

January 19, 2023 | wsj.com

PotlatchDeltic Announces Tax Treatment for CatchMark's 2022 Dividend Distributions

January 18, 2023 | finance.yahoo.com

PotlatchDeltic Announces Tax Treatment for CatchMark’s 2022 Dividend Distributions

January 5, 2023 | benzinga.com

PotlatchDeltic Stock (NASDAQ:PCH), Quotes and News Summary

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

September 13, 2022 | finance.yahoo.com

CatchMark Timber Trust, Inc. Stockholders Approve Merger with PotlatchDeltic Corporation

August 12, 2022 | apnews.com

SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates HMTV, CTT, ZEN

August 4, 2022 | apnews.com

CatchMark: Q2 Earnings Snapshot

August 4, 2022 | finance.yahoo.com

CatchMark Announces Second Quarter 2022 Results

July 20, 2022 | thestreet.com

CatchMark Timber Trust Inc. Class A

July 20, 2022 | thestreet.com

CatchMark Timber Trust Inc. Class A

July 8, 2022 | finance.yahoo.com

CatchMark Scheduled to Release Second Quarter 2022 Earnings on August 4, 2022

June 27, 2022 | apnews.com

INVESTIGATION NOTICE: Halper Sadeh LLP Investigates CVET, HMLP, VMW, CTT

June 18, 2022 | marketwatch.com

INVESTIGATION ALERT: Halper Sadeh LLP Investigates TPTX, CTT, CDEV, SREV

June 10, 2022 | finance.yahoo.com

Georgia Gov. Kemp Honors CatchMark as 2022 Forestry for Wildlife Partner

June 3, 2022 | finance.yahoo.com

A Washington company will likely own 150,000 acres of Alabama

June 2, 2022 | benzinga.com

CATCHMARK TIMBER TRUST ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of CTT and Encourages Investors to Contact the Firm

June 1, 2022 | finance.yahoo.com

PotlatchDeltic (PCH) to Buy CatchMark, Expands Timberland REIT

June 1, 2022 | stockhouse.com

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating CatchMark Timber Trust, Inc. Merger

June 1, 2022 | prnewswire.com

Shareholder Alert - The M&A Class Action Firm Announces an Investigation of CatchMark Timber Trust, Inc. - CTT

May 31, 2022 | stockhouse.com

Shareholder Alert: Ademi LLP investigates whether CatchMark Timber Trust, Inc. has obtained a Fair Price in its transaction with PotlatchDeltic

May 31, 2022 | stockhouse.com

CTT Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of CatchMark Timber Trust, Inc. Is Fair to Shareholders

May 31, 2022 | finance.yahoo.com

CatchMark stock soars after PotlatchDeltic buyout deal at a 55% premium

See More Headlines

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Company Calendar

Last Earnings: 5/05/2022
Today: 4/18/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Construction
Industry: Real Estate Investment Trusts
Sub-Industry: N/A
Current Symbol: NYSE:CTT
CUSIP: N/A
CIK: 1341141
Web: www.catchmark.com
Phone: (404) 445-8480
Fax: 855-865-8223
Employees: 21
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.16
Trailing P/E Ratio: 8.94
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $58.26 million
Net Margins: 59.22%
Pretax Margin: 60.08%
Return on Equity: 30.17%
Return on Assets: 10.90%

Debt

Debt-to-Equity Ratio: 1.47
Current Ratio: 0.54
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: $102.16 million
Price / Sales: 5.00
Cash Flow: $1.68 per share
Price / Cash Flow: 6.17
Book Value: $3.76 per share
Price / Book: 2.76

Miscellaneous

Outstanding Shares: 49,275,000
Free Float: 48,615,000
Market Cap: $510.98 million
Optionable: Optionable
Beta: 1.13

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Key Executives

Mr. Brian M. Davis (Age 53)
CEO, Pres & Director
Comp: $1.12M
Ms. Ursula Godoy-Arbelaez (Age 41)
CFO, Sr. VP & Treasurer
Comp: $519.45k
Ms. Lesley H. Solomon J.D. (Age 50)
Gen. Counsel & Corp. Sec.
Comp: $501.9k
Mr. Todd P. Reitz (Age 51)
Chief Resources Officer & Sr. VP
Comp: $657.67k
Mr. Glen F. Smith
Chief Accounting Office , VP & Assistant Sec.
Mr. John D. Capriotti
VP of Acquisitions
Mr. John F. Rasor (Age 79)
Pres of Triple T Timberlands

Key Competitors

View All Competitors

CTT Stock Analysis - Frequently Asked Questions

How were CatchMark Timber Trust's earnings last quarter?: CatchMark Timber Trust, Inc. (NYSE:CTT) announced its quarterly earnings data on Thursday, May, 5th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.08. CatchMark Timber Trust had a trailing twelve-month return on equity of 30.17% and a net margin of 59.22%. During the same period in the prior year, the firm posted ($0.01) earnings per share.
Is CatchMark Timber Trust a good dividend stock?: CatchMark Timber Trust (NYSE:CTT) pays an annual dividend of $0.30 per share and currently has a dividend yield of 2.89%. The dividend payout ratio is 25.86%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CTT.
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 (SKT), Energy Transfer (ET), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), AGNC Investment (AGNC), Ford Motor (F) and Intel (INTC).

This page (NYSE:CTT) was last updated on 4/18/2024 by MarketBeat.com Staff

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CatchMark Timber Trust (CTT) Stock Price, News & Analysis

CatchMark Timber Trust MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About CatchMark Timber Trust Stock (NYSE:CTT)

CTT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CTT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™