CatchMark Timber Trust, Inc. (CTT)

NYSE: CTT · IEX Real-Time Price · USD
8.16
-0.09 (-1.09%)
May 18, 2022 12:23 PM EDT - Market open
Market Cap402.05M
Revenue (ttm)101.42M
Net Income (ttm)61.99M
Shares Out49.27M
EPS (ttm)1.20
PE Ratio6.80
Forward PEn/a
Dividend$0.36 (4.41%)
Ex-Dividend DateMay 27, 2022
Volume50,021
Open8.24
Previous Close8.25
Day's Range8.12 - 8.24
52-Week Range7.19 - 12.57
Beta1.20
AnalystsBuy
Price Target9.28 (+13.7%)
Earnings DateMay 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...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateDec 12, 2013
CEOBrian Davis
Employees21
Stock ExchangeNYSE
Ticker SymbolCTT
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$9.28
(13.73% upside)
Analyst Consensus: Buy
Stock Forecasts

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?

1 week ago - Zacks Investment Research

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 ...

1 week ago - PRNewsWire

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...

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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...

2 months ago - PRNewsWire

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?

3 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

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.

3 months ago - Zacks Investment Research

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.

3 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

Other symbols:SMPWSM
4 months ago - Zacks Investment Research

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.

Other symbols:AZODLHCPLCESMP
4 months ago - Zacks Investment Research

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.

Other symbols:BENDPSISCHNYELP
5 months ago - Zacks Investment Research

Investing in Timberland REITs

A closer look at how to invest in timberland REITs.

Other symbols:PCHRYNWY
5 months ago - The Motley Fool

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...

6 months ago - PRNewsWire

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?

6 months ago - Zacks Investment Research

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.

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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 ...

8 months ago - PRNewsWire

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.

8 months ago - PRNewsWire