Creative Media & Community Trust Corporation (CMCT)
| Market Cap | 79.74M |
| Revenue (ttm) | 119.26M |
| Net Income (ttm) | -75.73M |
| Shares Out | 22.79M |
| EPS (ttm) | -3.33 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.34 (9.72%) |
| Ex-Dividend Date | Apr 5, 2024 |
| Volume | 372 |
| Open | 3.500 |
| Previous Close | 3.480 |
| Day's Range | 3.410 - 3.500 |
| 52-Week Range | 3.190 - 5.540 |
| Beta | 0.49 |
| Analysts | Strong Buy |
| Price Target | 7.00 (+100.04%) |
| Earnings Date | May 7, 2024 |
About CMCT
Creative Media & Community Trust Corporation (the "Company"), is a Maryland corporation and real estate investment trust ("REIT"). The Company primarily acquires, develops, owns and operates both premier multifamily properties situated in vibrant communities throughout the United States and Class A and creative office real assets in markets with similar business and employment characteristics to its multifamily investments. The Company also owns one hotel in northern California and a lending platform that originates loans under the Small Busine... [Read more]
Financial Performance
In 2023, CMCT's revenue was $119.26 million, an increase of 17.03% compared to the previous year's $101.91 million. Losses were -$75.73 million, 193.7% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CMCT stock is "Strong Buy" and the 12-month stock price forecast is $7.0.
News
CMCT Declares Preferred Stock Dividends
DALLAS--(BUSINESS WIRE)--CMCT declares preferred stock dividends.
Creative Media & Community Trust Corporation Reports 2023 Fourth Quarter Results
DALLAS--(BUSINESS WIRE)--CMCT reports operating results for three months ended December 31, 2023.
CMCT Declares Common Stock Dividend
DALLAS--(BUSINESS WIRE)--CMCT announces quarterly cash dividend.
Creative Media & Community Trust Announces Date for Its Fourth Quarter 2023 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its fourth quarter 2023 earnings results after the market close o...
Creative Media & Community Trust Corporation Reports 2023 Third Quarter Results
DALLAS--(BUSINESS WIRE)--CMCT reports operating results.
Creative Media & Community Trust Announces Date for Its Third Quarter 2023 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its third quarter 2023 earnings results after the market close on...
Creative Media & Community Trust Corporation Reports 2023 Second Quarter Results
DALLAS--(BUSINESS WIRE)--CMCT reports second quarter 2023 operating results.
Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3 - Creative Media (NASDAQ:CMCT), Braemar Hotels & Resorts (NYSE:BHR)
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Creative Media & Community Trust Announces Date for Its Second Quarter 2023 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its second quarter 2023 earnings results on Thursday, August 10, ...
Creative Media & Community Trust Corporation Reports 2023 First Quarter Results
DALLAS--(BUSINESS WIRE)--CMCT announces operating results for first quarter 2023.
Creative Media & Community Trust Announces Date for Its First Quarter 2023 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will issue a press release announcing its first quarter 2023 earnings results...
Creative Media & Community Trust Corporation Reports 2022 Fourth Quarter Results
DALLAS--(BUSINESS WIRE)--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) (“we,” “our,” “CMCT,” or the “Company”) today reported operating results for the three months and ...
Creative Media & Community Trust Announces Date for Its Fourth Quarter 2022 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will issue a press release announcing its fourth quarter 2022 earnings result...
CMCT Executing on Strategy to Grow Multifamily Portfolio with Acquisition of Three Multifamily Assets
DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ:CMCT and TASE:CMCT-L) announced today that it is expanding its multifamily portfolio with the planned addition of 696 apartment units across three assets. The a...
CMCT's Redemption of its Series L Preferred Stock
DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ: CMCT and TASE: CMCT-L) Creative Media & Community Trust Corporation (“CMCT”) previously announced that it will redeem all outstanding shares of its Series L Pr...
CMCT Announces Redemption in Full of Series L Preferred Stock
DALLAS--(BUSINESS WIRE)--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) announced today that, pursuant to the terms and conditions of its Series L Preferred Stock, it w...
CMCT Announces Closing of New Credit Facility
DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that it has entered into a new $206 million secured credit facility. The new facility matures in December 2025 with two ...
CMCT Declares Common and Series L Preferred Stock Dividends
DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend wil...
CMCT names John Hope Bryant to its Board of Directors
DALLAS--(BUSINESS WIRE)--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) announced today that John Hope Bryant has been appointed to its Board of Directors.
Creative Media & Community Trust Corporation Reports 2022 Third Quarter Results
DALLAS--(BUSINESS WIRE)--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) (“we”, “our”, “CMCT”, or the “Company”) today reported operating results for the three and nine ...
Creative Media & Community Trust Announces Date for Its Third Quarter 2022 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT-L) (“CMCT”) announced today that it will issue a press release announcing its third quarter 2022 earnings res...
CMCT Declares Common and Preferred Stock Dividends
DALLAS--(BUSINESS WIRE)--CMCT announces quarterly cash dividend of $0.085 per share of common stock.
CMCT Announces 9460 Wilshire as New Flagship Rolls-Royce Motor Cars Showroom for Luxury and Exotic Car Dealer O'Gara Coach
LOS ANGELES--(BUSINESS WIRE)--CMCT signs long-term lease with O'Gara Coach for flagship Rolls-Royce showroom in ground floor space at 9460 Wilshire Blvd. in Beverly Hills.
Creative Media & Community Trust Corporation Reports 2022 Second Quarter Results
DALLAS--(BUSINESS WIRE)--Creative Media & Community Trust Corporation reports operating results for the three and six months ended June 30, 2022.
Creative Media & Community Trust Announces Date for Its Second Quarter 2022 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT-L) (“CMCT”) announced today that it will issue a press release announcing its second quarter 2022 earnings resu...