CATCHMARK TIMBER

CatchMark Timber Trust Inc. (NYSE:CTT)’s traded shares stood at 1.47 million during the latest session, with the company’s beta value hitting 1.12. At the last check today, the stock’s price was $10.63, to imply a decrease of -1.02% or -$0.11 in intraday trading. The CTT share’s 52-week high remains $12.41, putting it -16.75% down since … After The Stock Rose 2.19% Over The Week, Is CatchMark Timber Trust Inc. (NYSE: CTT) Still A Buy? Read More »

External trends are against PotlatchDeltic, while the management has to consolidate the newly acquired CatchMark Timber. See why I''m neutral on PCH stock.

CatchMark Timber Trust (NYSE: CTT ) brought in sales totaling $24.56 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 243.18%, resulting in a loss of $4.56 million. CatchMark Timber Trust earned $3.18 million, and sales totaled $26.94 million in Q1. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings … Full story available on Benzinga.com

NEW ORLEANS, Aug. 8, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of CatchMark Timber Trust, Inc. (NYSE: CTT) to PotlatchDeltic Corporation (Nasdaq: PCH). Under…

CatchMark press release (NYSE:CTT): Q2 GAAP EPS of -$0.09.Revenue of $24.6M (-22.9% Y/Y).

CatchMark Timber Trust Inc. (NYSE:CTT)’s traded shares stood at 1.47 million during the latest session, with the company’s beta value hitting 1.12. At the last check today, the stock’s price was $10.63, to imply a decrease of -1.02% or -$0.11 in intraday trading. The CTT share’s 52-week high remains $12.41, putting it -16.75% down since … After The Stock Rose 2.19% Over The Week, Is CatchMark Timber Trust Inc. (NYSE: CTT) Still A Buy? Read More »

External trends are against PotlatchDeltic, while the management has to consolidate the newly acquired CatchMark Timber. See why I''m neutral on PCH stock.

CatchMark Timber Trust (NYSE: CTT ) brought in sales totaling $24.56 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 243.18%, resulting in a loss of $4.56 million. CatchMark Timber Trust earned $3.18 million, and sales totaled $26.94 million in Q1. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings … Full story available on Benzinga.com

NEW ORLEANS, Aug. 8, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of CatchMark Timber Trust, Inc. (NYSE: CTT) to PotlatchDeltic Corporation (Nasdaq: PCH). Under…

CatchMark press release (NYSE:CTT): Q2 GAAP EPS of -$0.09.Revenue of $24.6M (-22.9% Y/Y).

CatchMark Timber Trust, Inc. (NYSE:CTT) has been given an average rating of Hold by the eight analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy []

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 []

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.