CatchMark Timber Trust, Inc. (CTT)
| Market Cap | 402.05M |
| Revenue (ttm) | 101.42M |
| Net Income (ttm) | 61.99M |
| Shares Out | 49.27M |
| EPS (ttm) | 1.20 |
| PE Ratio | 6.80 |
| Forward PE | n/a |
| Dividend | $0.36 (4.41%) |
| Ex-Dividend Date | May 27, 2022 |
| Volume | 50,021 |
| Open | 8.24 |
| Previous Close | 8.25 |
| Day's Range | 8.12 - 8.24 |
| 52-Week Range | 7.19 - 12.57 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 9.28 (+13.7%) |
| Earnings Date | May 5, 2022 |
About 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 ma...
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CTT stock is "Buy." The 12-month stock price forecast is 9.28, which is an increase of 13.73% from the latest price.
News
CatchMark (CTT) Tops Q1 Earnings and Revenue Estimates
CatchMark (CTT) delivered earnings and revenue surprises of 800% and 23.87%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
CatchMark Delivers Strong First Quarter 2022 Results and Declares Dividend
Achieved $3.2 million of net income, or $0.07 per share, and Adjusted EBITDA of $14.8 million, 15% higher than prior year quarter. Increased year-over-year net timber sales prices by 30% for sawtimber ...
CatchMark Scheduled to Release First Quarter 2022 Earnings on May 5, 2022
ATLANTA , April 8, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) will release its first quarter 2022 earnings on Thursday, May 5, 2022, following the market close. The company will host...
CatchMark (CTT) Flat As Market Sinks: What You Should Know
CatchMark (CTT) closed at $8.20 in the latest trading session, marking no change from the prior day.
How CatchMark Timber (CTT) Stock Stands Out in a Strong Industry
CatchMark Timber (CTT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
CatchMark CEO Brian Davis to Present at Citi's 2022 Global Property CEO Conference
ATLANTA, March 2, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) announced today that Brian M. Davis, Chief Executive Officer, will be presenting at Citi's 2022 Global Property CEO Confer...
CatchMark (CTT) Q4 Earnings and Revenues Lag Estimates
CatchMark (CTT) delivered earnings and revenue surprises of -2.78% and 12.22%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
CatchMark Reports Fourth Quarter and Full-Year 2021 Results, Declares Dividend, and Provides 2022 Guidance
ATLANTA, Feb. 10, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) today reported fourth quarter and full-year 2021 results. The company also declared a cash dividend of $0.075 per share fo...
CatchMark (CTT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
CatchMark (CTT) 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.
CatchMark (CTT) Stock Sinks As Market Gains: What You Should Know
CatchMark (CTT) closed the most recent trading day at $8.11, moving -0.73% from the previous trading session.
CatchMark (CTT) Gains As Market Dips: What You Should Know
CatchMark (CTT) closed at $8.29 in the latest trading session, marking a +0.12% move from the prior day.
CatchMark Announces Tax Treatment of 2021 Dividend Distributions
ATLANTA, Jan. 18, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) announced today the tax treatment of dividend distributions made in 2021 on the company's common stock. In 2021, CatchMar...
CatchMark Scheduled to Release Fourth Quarter 2021 Earnings on February 10, 2022
ATLANTA, Jan. 13, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) will release its fourth quarter 2021 earnings on Thursday, February 10, 2022, following the market close. The company will...
CatchMark Releases 2020 ESG Report
ATLANTA , Dec. 23, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) today released its 2020 ESG Report, which details the Company's deep commitment to meeting the highest standards of envir...
Best Value Stocks to Buy for December 20th
SMP, WSM, and CTT made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 20, 2021.
New Strong Buy Stocks for December 20th
CTT, DLHC, INLX, SMP, and PLCE have been added to the Zacks Rank #1 (Strong Buy) List on December 20th.
New Strong Buy Stocks for December 15th
CTT, DPSI, BEN, SCHN, and YELP have been added to the Zacks Rank #1 (Strong Buy) List on December 15th.
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CatchMark Releases 2020 Carbon Report
ATLANTA, Nov. 8, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) today released its 2020 Carbon Report, a detailed analysis of carbon storage, carbon sequestration, and emissions determini...
CatchMark (CTT) Q3 Earnings Top Estimates
CatchMark (CTT) delivered earnings and revenue surprises of 29.73% and -8.24%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
CatchMark Announces Third Quarter 2021 Results
ATLANTA, Nov. 4, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) today reported third quarter 2021 results. Brian M.
CatchMark Exits Triple T Joint Venture
ATLANTA, Oct. 15, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) today announced that it reached a definitive agreement with its joint venture partners in TexMark Timber Treasury, L.P. (T...
CatchMark Scheduled to Release Third Quarter 2021 Earnings on November 4, 2021
ATLANTA, Oct. 7, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) will release its third quarter 2021 earnings on Thursday, November 4, 2021, following the market close. The company will h...
Manulife Investment Management closes on more than 300,000 acres of Texas timberlands
TSX/NYSE/PSE: MFC SEHK: 945 Now manages nearly 1 million acres in the Western Gulf region on behalf of clients BOSTON, Sept. 2, 2021 /PRNewswire/ - Hancock Natural Resource Group (HNRG), a company of ...
CatchMark's Triple T Joint Venture Completes Sale of 300,000 Acres of Prime East Texas Timberlands
ATLANTA, Sept. 1, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) today announced that TexMark Timber Treasury, L.P.