CatchMark Timber Trust, Inc. (CTT): Price and Financial Metrics
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CTT POWR Grades
- CTT scores best on the Sentiment dimension, with a Sentiment rank ahead of 91.04% of US stocks.
- CTT's strongest trending metric is Momentum; it's been moving up over the last 31 weeks.
- CTT ranks lowest in Value; there it ranks in the 22nd percentile.
CTT Stock Summary
- The ratio of debt to operating expenses for CatchMark Timber Trust Inc is higher than it is for about 95.22% of US stocks.
- Equity multiplier, or assets relative to shareholders' equity, comes in at 4.54 for CatchMark Timber Trust Inc; that's greater than it is for 75.67% of US stocks.
- Over the past twelve months, CTT has reported earnings growth of -101.87%, putting it ahead of merely 19.25% of US stocks in our set.
- If you're looking for stocks that are quantitatively similar to CatchMark Timber Trust Inc, a group of peers worth examining would be VNO, KW, ALCO, AQN, and KIM.
- Visit CTT's SEC page to see the company's official filings. To visit the company's web site, go to www.catchmark.com.
CTT Valuation Summary
- CTT's EV/EBIT ratio is 1058.5; this is 2628.09% higher than that of the median Real Estate stock.
- Over the past 93 months, CTT's EV/EBIT ratio has gone up 1105.4.
- CTT's EV/EBIT ratio has moved up 1105.4 over the prior 93 months.
Below are key valuation metrics over time for CTT.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| CTT | 2021-01-21 | 4.6 | 3.5 | -17.9 | -81.5 |
| CTT | 2019-07-29 | 5.1 | 1.8 | -3.3 | -7.3 |
| CTT | 2019-05-24 | 5.0 | 1.7 | -3.2 | -7.2 |
| CTT | 2018-01-02 | 6.4 | 1.6 | -42.4 | -278.9 |
| CTT | 2017-01-06 | 5.4 | 1.1 | -45.4 | -185.4 |
| CTT | 2016-10-17 | 5.5 | 1.1 | -50.3 | -182.1 |
CTT Growth Metrics
- Its 4 year revenue growth rate is now at 46.08%.
- Its 4 year price growth rate is now at -32.17%.
- Its 2 year revenue growth rate is now at 20.41%.
The table below shows CTT's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2021-03-31 | 105.004 | 40.788 | -13.809 |
| 2020-12-31 | 104.29 | 40.455 | -17.508 |
| 2020-09-30 | 102.438 | 32.076 | -26.385 |
| 2020-06-30 | 104.205 | 35.767 | -42.793 |
| 2020-03-31 | 111.108 | 38.954 | -67.175 |
| 2019-12-31 | 106.709 | 32.942 | -93.321 |
CTT Price Target
For more insight on analysts targets of CTT, see our CTT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $13.04 | Average Broker Recommendation | 1.5 (Moderate Buy) |
CTT Stock Price Chart Interactive Chart >
CTT Price/Volume Stats
| Current price | $11.66 | 52-week high | $12.78 |
| Prev. close | $11.74 | 52-week low | $7.91 |
| Day low | $11.57 | Volume | 257,900 |
| Day high | $11.88 | Avg. volume | 236,943 |
| 50-day MA | $11.82 | Dividend yield | 4.6% |
| 200-day MA | $10.47 | Market Cap | 570.22M |
CatchMark Timber Trust, Inc. (CTT) Company Bio
Catchmark Timber Trust Inc. is a REIT focused on the acquisition of timberland properties in the United States. It was formerly known as Wells Real Estate Investment Trust IV, Inc. and changed its name to Wells Timber Real Estate Investment Trust, Inc. in November 2005 and changed to Wells Timberland REIT, Inc. in 2006. The company is based in Norcross, Georgia.
CTT Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $11.66 | $9.44 | -22% |
Below please find a table outlining a discounted cash flow forecast for CTT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that CatchMark Timber Trust Inc ranked in the 48th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for CTT, they are:
- CatchMark Timber Trust Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 0.07. This coverage rate is greater than that of only 23.36% of stocks we're observing for the purpose of forecasting via discounted cash flows.
- As a business, CatchMark Timber Trust Inc experienced a tax rate of about 41% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than 94.48% of stocks generating free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -23% |
| 1% | -23% |
| 2% | -22% |
| 3% | -21% |
| 4% | -20% |
| 5% | -20% |
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CTT, try FSV, FSP, ESS, WSR, and CBRE.
Latest CTT News From Around the Web
Below are the latest news stories about CatchMark Timber Trust Inc that investors may wish to consider to help them evaluate CTT as an investment opportunity.
Second Quarter 2021 Letter: Doubling Downoatawa/iStock via Getty Images Dear GreenWood Investor: “Some men see things as they are and ask, ‘Why?’ I dream things that never were and ask, ‘Why not?’” - RFK We are pleased to report another quarter of progress for us and our partner companies. However, we are so far from... |
CatchMark Timber Trust Looks Fairly ValuedTaiyou Nomachi/DigitalVision via Getty Images In any growing economy, one thing that will be instrumental to maintain that growth is housing. And with rising housing demand, you will also see an increase in demand for wood. There are a number of timber providers that investors can consider buying into. But... |
CatchMark Scheduled to Release Second Quarter 2021 Earnings on August 5, 2021CatchMark Timber Trust, Inc. (NYSE: CTT) will release its second quarter 2021 earnings on Thursday, August 5, 2021, following the market close. The company will host a conference call and live webcast at 10 a.m. ET on Friday, August 6, 2021 to discuss these results. |
CatchMark Offloads 18,063 Acres of Oregon Timberlands for $100MCatchMark Timber Trust (CTT) has agreed to sell 18,063 acres of its Oregon timberlands, known as the Bandon property, to Roseburg Resources for $5,536 per acre. This translates to a total consideration of $100 million. The transaction is expected to close in Q3. CatchMark focuses on the ownership and management of prime timberlands and has interests in 1.5 million acres. CatchMark CEO Brian M. Davis said, “By selling this asset, we will be better positioned to reinvest in the growth of our core portfolio in the U.S. South where we have a robust operating platform and see the strongest opportunity for future growth. |
CatchMark Announces Agreement to Sell 18,063 Acres of Prime Oregon Timberlands to Roseburg Resources Co.ATLANTA, June 22, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) today announced a definitive agreement to sell 18,063 acres of prime Oregon timberlands known as the Bandon property for $100 million in cash, or approximately $5,536 per acre, to Roseburg Resources Co. |
CTT Price Returns
| 1-mo | -0.43% |
| 3-mo | 1.82% |
| 6-mo | 30.86% |
| 1-year | 24.24% |
| 3-year | 10.72% |
| 5-year | 23.86% |
| YTD | 27.50% |
| 2020 | -13.63% |
| 2019 | 70.49% |
| 2018 | -43.28% |
| 2017 | 22.15% |
| 2016 | 4.46% |
CTT Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching CTT
Want to see what other sources are saying about CatchMark Timber Trust Inc's financials and stock price? Try the links below:CatchMark Timber Trust Inc (CTT) Stock Price | Nasdaq
CatchMark Timber Trust Inc (CTT) Stock Quote, History and News - Yahoo Finance
CatchMark Timber Trust Inc (CTT) Stock Price and Basic Information | MarketWatch
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