CIM Commercial Trust Corporation (CMCT)

NASDAQ: CMCT · IEX Real-Time Price · USD
7.27 -0.34 (-4.47%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap169.89M
Revenue (ttm)83.63M
Net Income (ttm)-24.49M
Shares Out23.37M
EPS (ttm)-1.44
PE Ration/a
Forward PEn/a
Dividend$0.30 (4.13%)
Ex-Dividend DateDec 17, 2021
Volume107,383
Open7.55
Previous Close7.61
Day's Range7.20 - 7.55
52-Week Range6.50 - 17.29
Beta0.59
Analystsn/a
Price Targetn/a
Earnings Daten/a

About CMCT

CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). Its properties are primarily located in Los Angeles and the San Francisco Bay Area. CIM Commercial is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, dev...

IndustryEquity Real Estate Investment Trusts (REITs)
CEODavid Thompson
Employees4
Stock ExchangeNASDAQ
Ticker SymbolCMCT
Full Company Profile

Financial Performance

Financial Statements

News

CIM Commercial Trust Announces Significant Reduction in Management Fee

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation announces that CMCT manager, CIM Group, agrees to a fee waiver, expected to reduce mgmt. fee by approximately 55%

2 weeks ago - Business Wire

CIM Commercial Trust Declares Common and Preferred Stock Dividends

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation declares a quarterly cash dividend of $0.075 per common share to be paid on January 5, 2022

1 month ago - Business Wire

CIM Commercial Trust Corporation Reports 2021 Third Quarter Results

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation reports operating results for the three and nine months ended September 30, 2021.

2 months ago - Business Wire

CIM Commercial Trust Corporation Reports 2021 Second Quarter Results

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation reports operating results for the three and six months ended June 30, 2021.

5 months ago - Business Wire

CIM Commercial Trust Corporation Raises $78.8 million in Rights Offering

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation Raises $78.8 million in Rights Offering

6 months ago - Business Wire

CIM Commercial Trust Announces that its Operator and Manager, Subsidiaries of CIM Group, Intend to Subscribe for an A...

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust announces operator and manager, subsidiaries of CIM Group, intend to subscribe up to approx 6M shares in Rights Offering

7 months ago - Business Wire

CIM Commercial Trust Reaffirms its Previously Announced Rights Offering to Expire on June 23

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corp reaffirmed rights offering - subscription period open, expires at 4pm New York time, June 23, 2021 /unless extended by CMCT

7 months ago - Business Wire

CIM Commercial Trust Corporation Commences Rights Offering

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corp announces commencement of previously announced rights offering for aggregate of approx.$137.3 M of newly issued common stock

7 months ago - Business Wire

Lionbridge / Robotti / Winthrop Group Uncovers Serious SEC Disclosure Violations by CMCT

NEW YORK, June 9, 2021 /PRNewswire/ -- The shareholder group led by Lionbridge Capital I, LP and its affiliates, Robotti & Company, Inc. and its affiliates, and Winthrop Realty Partners, L.P. and its af...

7 months ago - PRNewsWire

CIM Commercial Trust Corporation Announces Rights Offering

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation to conduct rights offering, aggregate of approx $137.3 M newly issued shares of common stock, par value $0.001 /share

7 months ago - Business Wire

CIM Commercial Trust Corporation Reports 2021 First Quarter Results

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation reports 2021 first quarter earnings

8 months ago - Business Wire

CIM Commercial Trust Corporation Reports 2020 Fourth Quarter Results

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) reported operating results for the three months and year ended December 31, 2020.

10 months ago - Business Wire

Lionbridge and Robotti Issue Open Letter to CMCT's Board

NEW YORK, March 15, 2021 /PRNewswire/ -- Lionbridge Capital, LP and Robotti & Company Advisors LLC (together with its affiliates, the "Stockholder Group" or "we") with an ownership interest of approxima...

10 months ago - PRNewsWire

CIM Commercial Trust (CMCT) Reports Q3 Loss, Misses Revenue Estimates

CIM Commercial Trust (CMCT) delivered earnings and revenue surprises of -30.00% and -2.07%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

CIM Commercial Trust Corporation Reports 2020 Third Quarter Results

DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation (NASDAQ: CMCT) (TASE: CMCT-L) (“we,” “our,” “CMCT,” “CIM Commercial,” or the “Company”), a real estate investment trust (“REIT”) that primarily ...

1 year ago - Business Wire

Analysts Estimate CIM Commercial Trust (CMCT) to Report a Decline in Earnings: What to Look Out for

CIM Commercial Trust (CMCT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

CIM Commercial Trust (CMCT) Reports Q2 Loss, Misses Revenue Estimates

CIM Commercial Trust (CMCT) delivered earnings and revenue surprises of 55.81% and -17.45%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

CIM Commercial Trust (CMCT) Reports Q1 Loss, Tops Revenue Estimates

CIM Commercial Trust (CMCT) delivered earnings and revenue surprises of -130.00% and 10.07%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research