Catchmark Timber Trust Stock News

SMP, WSM, and CTT made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 20, 2021.

CTT, DLHC, INLX, SMP, and PLCE have been added to the Zacks Rank #1 (Strong Buy) List on December 20th.

Zacks Investment Research upgraded shares of CatchMark Timber Trust (NYSE:CTT) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday, Zacks.com reports. Zacks Investment Research currently has $8.25 price target on the financial services providers stock. According to Zacks, CatchMark Timber Trust Inc. is a real estate investment []

CatchMark Timber Trust, Inc. (NYSE:CTT) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,170,000 shares, a growth of 95.1% from the November 15th total of 599,600 shares. Approximately 2.4% of the shares of the company are short sold. Based []

CTT, DPSI, BEN, SCHN, and YELP have been added to the Zacks Rank #1 (Strong Buy) List on December 15th.

Across the land, there are few better inflation hedges than land itself. Timber REITs own nearly 30 million acres of land, more acreage than the smallest U.S. five states combined. Truly an "organic g

Royal Bank of Canada increased its holdings in shares of CatchMark Timber Trust, Inc. (NYSE:CTT) by 9.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,555 shares of the financial services providers stock after buying an additional 2,878 shares during the quarter. []

CatchMark Timber Trust found using ticker (CTT) have now 5 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 10.75 and 9 calculating the average target price we see 9.55. Given that the stocks previous close was at 7.56 this would imply there is a potential upside of 26.3%. The 50 day moving average now sits at 9.51 and the 200 day moving average is 10.95. The company has a market cap of $374m. Find out more information at: https://www.catchmark.com [stock_market_widget type="chart" symbol="CTT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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.

During the last session, CatchMark Timber Trust Inc. (NYSE:CTT)s traded shares were 0.46 million, with the beta value of the company hitting 1.15. At the end of the trading day, the stocks price was $7.94, reflecting an intraday loss of -4.68% or -$0.39. The 52-week high for the CTT share is $12.78, that puts it Given A -60.96% Drop From High, Can CatchMark Timber Trust Inc. (NYSE: CTT) Quickly Recover? Read More »

Squarepoint Ops LLC acquired a new stake in CatchMark Timber Trust, Inc. (NYSE:CTT) in the 2nd quarter, Holdings Channel reports. The firm acquired 15,968 shares of the financial services providers stock, valued at approximately $187,000. Other institutional investors and hedge funds have also bought and sold shares of the company. Advisory Services Network LLC bought []

CatchMark Timber Trust (NYSE:CTT) and Life Storage (NYSE:LSI) are both construction companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, earnings, dividends, analyst recommendations and risk. Insider & Institutional Ownership 79.8% of CatchMark Timber Trust shares are held by institutional investors. []

Real Estate Management Services LLC trimmed its stake in CatchMark Timber Trust, Inc. (NYSE:CTT) by 2.9% during the third quarter, Holdings Channel reports. The fund owned 627,400 shares of the financial services providers stock after selling 18,936 shares during the period. CatchMark Timber Trust makes up approximately 4.6% of Real Estate Management Services LLCs portfolio, []

CatchMark Timber Trust found using ticker (CTT) have now 5 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 10.75 and 9 calculating the mean target price we have 9.55. With the stocks previous close at 8.61 this is indicating there is a potential upside of 10.9%. The 50 day MA is 10 and the 200 day MA is 11.31. The market capitalisation for the company is $418m. Visit the company website at: /> [stock_market_widget type="chart" symbol="CTT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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.

CatchMark Timber Trust, Inc. (CTT) CEO Brian Davis on Q3 2021 Results - Earnings Call Transcript

Dividend cuts often result in the biggest drops and CatchMark was no different.