CIM Commercial Trust Corp | REIT Profile

Symbol: CMCT
CIK: 908311
Exchange: NASDAQ
Preferred Stock: CMCTP
Founded: 1993 (29 years)
HQ: Dallas, TX, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Office, Hotel, Residential

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See CMCT on SEC.gov

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Overall Score: 4.5

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


CIM Commercial Trust Corp Company Logo

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Hightlights of Trading Day January 20, 2022


Open Price: $7.53
Closing Price: $7.61
Price Change: 0.03 (0.396%)
Lowest Price: $7.36
Highest Price: $7.8

52-Week Low: $6.43
52-Week High: $16.68
52-Week Change: -44.54%

5 Day Price Change: 0.80%
1 Month Price Change: 7.21%
3 Month Price Change: -9.56%
6 Month Price Change: -2.10%
YTD Price Change: 3.13%
1 Year Price Change: -43.71%
2 Year Price Change: -44.88%
5 Year Price Change: -42.35%

Dividend of Trading Day January 20, 2022


Dividend Yield: 3.942%*
Annualized Dividend: $0.3*
Dividend Yield (TTM): 3.898%
Annualized Dividend (TTM): $0.2954
Ex-Dividend Date: 2021-12-17
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 20, 2022


Total Cash: N/A
Current Debt: N/A
Revenue: N/A
Gross Profit: N/A
Total Revenue: N/A
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: N/A
Revenue Per Employee: N/A
Employee: 4
Debt to Equity Ratio (D/E): N/A
Profit Margin: N/A
Enterprise Value (EV): N/A
Enterprise Value to Revenue (EV/R): N/A
Price to Sales (P/S): N/A
Price to Book (P/B): N/A
Price/Earnings-to-Growth (PEG) Ratio: N/A
P/E Ratio: N/A
P/E High: N/A
P/E Low: N/A
Forward P/E Ratio: -13.76
Market Capitalization: $177,840,609
Beta: 0.12
Latest Volume: 44,465
Avg. Total Volume: 42,254
Avg. 10-Day Volume: 16,565
Avg. 30-Day Volume: 42,254
TTM EPS: N/A
Shares Outstanding: 23,369,331
Float: N/A
50-Day Moving Avg.: $7.35
200-Day Moving Avg.: $7.70

Latest REIT Community Comments on #CMCT


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Occupancy Rate



REITBOT
REITBOT™ Alert
The 2021-Q1 occupancy rate for this REIT seems low, make sure to compare it to other REITs in the same industry.

Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $14.47 per share you would have been able to buy 69 shares of CMCT on 2021-01-21 costing $998.43 @ $14.47 per share you would have been able to buy 34 shares of CMCT on 2021-01-21 costing $491.98 @ $14.47 per share you would have been able to buy 17 shares of CMCT on 2021-01-21 costing $245.99 @ $14.47 per share you would have been able to buy 6 shares of CMCT on 2021-01-21 costing $86.82 @ $14.47 per share you would have been able to buy 3 shares of CMCT on 2021-01-21 costing $43.41
Current worth On 2022-01-20 these 69 shares would be worth $525.09 @ $7.61 On 2022-01-20 these 34 shares would be worth $258.74 @ $7.61 On 2022-01-20 these 17 shares would be worth $129.37 @ $7.61 On 2022-01-20 these 6 shares would be worth $45.66 @ $7.61 On 2022-01-20 these 3 shares would be worth $22.83 @ $7.61
Dividends earned $20.70 in dividends would have been earned since 2021-01-21 with 69 shares. $10 in dividends would have been earned since 2021-01-21 with 34 shares. $5.10 in dividends would have been earned since 2021-01-21 with 17 shares. $1.80 in dividends would have been earned since 2021-01-21 with 6 shares. $0.90 in dividends would have been earned since 2021-01-21 with 34 shares.
Net (gain / loss)* -452.64 USD -223.04 USD -111.52 USD -39.36 USD -19.68 USD
ROI** -45.34% -45.34% -45.34% -45.34% -45.34%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by CMCT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CMCT 2021-12-17 0.075 --- 2021-12-09 2021-12-20 2022-01-05
CMCT 2021-09-16 0.075 --- 2021-09-07 2021-09-17 2021-09-29
CMCT 2021-06-16 0.075 --- 2021-06-07 2021-06-17 2021-06-30
CMCT 2021-03-12 0.075 --- 2021-03-05 2021-03-15 2021-03-30
CMCT 2020-12-11 0.075 --- 2020-12-02 2020-12-14 2020-12-29
CMCT 2020-09-11 0.075 --- 2020-09-02 2020-09-14 2020-09-29
CMCT 2020-06-12 0.075 --- 2020-06-03 2020-06-15 2020-06-29
CMCT 2020-03-12 0.075 --- 2020-03-02 2020-03-13 2020-03-25
CMCT 2019-12-12 0.075 --- 2019-12-03 2019-12-13 2019-12-27
CMCT 2019-09-05 0.075 -99.46% 2019-08-08 2019-09-06 2019-09-18
CMCT [E] 2019-09-03 14.000 --- 2019-08-08 2019-08-19 2019-08-30
CMCT [E] 2019-08-16 14.000 11,100.00% 2019-08-08 2019-08-19 2019-08-30
CMCT 2019-06-13 0.125 --- 2019-06-04 2019-06-14 2019-06-27
CMCT 2019-03-05 0.125 --- 2019-02-20 2019-03-06 2019-03-25
CMCT 2018-12-13 0.125 --- 2018-12-04 2018-12-14 2018-12-27
CMCT 2018-09-04 0.125 --- 2018-08-22 2018-09-05 2018-09-25
CMCT 2018-06-14 0.125 --- 2018-06-04 2018-06-15 2018-06-28
CMCT 2018-03-15 0.125 -82.88% 2018-03-06 2018-03-16 2018-03-29
CMCT [E] 2017-12-28 0.730 484.00% 2017-12-18 2017-12-29 2018-01-11
CMCT 2017-12-20 0.125 --- 2017-12-06 2017-12-21 2017-12-28

Financial Statements Overview


The next Earnings Report for CMCT is 2022-03-14

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Current Cash 86,152,000 33,188,000 35,947,000 26,107,000
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 0 0 0 0
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 6,509,000 6,813,000 11,236,000 7,740,000
Other Assets 46,062,000 24,917,000 40,103,000 23,879,000
Net Tangible Assets 308,554,000 302,080,000 291,842,000 380,634,000
Total Assets 726,225,000 663,542,000 667,592,000 659,852,000
Accounts Payable 0 0 0 0
Liabilities (Other) 30,410,000 37,925,000 45,135,000 34,308,000
Current Liabilities (Other) 0 0 0 0
Total Current Liabilities 0 0 0 0
Current Long-term Debt 3,094,000 902,000 4,543,000 1,479,000
Long-term Debt 368,572,000 306,997,000 302,878,000 226,248,000
Total Liabilities 402,076,000 345,824,000 352,556,000 262,035,000
Minority Interest 2,000 4,000 13,000 8,000
Common Stock 14,827,410 14,602,149 14,602,149 14,602,149
Retained Earnings -753,550,000 -746,398,000 -740,617,000 -718,493,000
Treasury Stock 0 0 0 0
Capital Surplus 795,795,000 794,269,000 794,825,000 788,342,000
Shareholder Equity 323,683,000 317,209,000 314,531,000 397,318,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Total Revenue 16,511,000 25,541,000 26,645,000 29,232,000
Cost of Revenue 15,066,000 21,918,000 23,262,000 22,464,000
Gross Profit 1,445,000 3,623,000 3,383,000 6,768,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 16,734,000 23,578,000 24,753,000 23,779,000
Operating Income -223,000 1,889,000 1,848,000 5,044,000
Income Expense Net (Other) -4,509,000 -3,167,000 -3,177,000 -2,101,000
EBIT -223,000 1,889,000 1,848,000 5,044,000
Interest Income 2,896,000 3,167,000 3,177,000 2,403,000
Pretax Income -4,732,000 -1,278,000 -1,329,000 2,943,000
Income Tax -691,000 -22,000 196,000 87,000
Minority Interest 2,000 4,000 13,000 8,000
Net Income -4,043,000 -1,260,000 -7,412,000 2,848,000
Net Income Basic -8,141,000 -6,787,000 -11,573,000 -1,622,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Net Income -4,043,000 -1,260,000 -7,412,000 2,848,000
Depreciation 5,197,000 5,258,000 5,379,000 5,180,000
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change 52,964,000 -2,759,000 10,112,000 -358,382,000
Cash Flow -812,000 5,983,000 7,420,000 7,362,000
Capital Expenditures 0 0 0 0
Investments -3,913,000 -5,632,000 -4,654,000 172,528,000
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -18,099,000 -5,244,000 -3,308,000 174,051,000
Dividends Paid -2,782,000 -12,014,000 -6,157,000 -615,539,000
Net Borrowings 63,613,000 237,000 79,079,000 65,256,000
Cash Flow Financing 71,875,000 -3,498,000 6,000,000 -539,795,000
Financing Cash Flows (Other) -45,000 0 376,000 -656,000
Exchange Rate Effect 0 0 0 0

About CIM Commercial Trust Corp


CIM Commercial Trust Corporation (NASDAQ: CMCT) is a real estate investment trust (REIT) that principally invests in stabilized Class-A and creative office properties located in high density, high barrier-to-entry urban markets in the U.S. such as the San Francisco Bay Area, Washington, D.C. and Los Angeles. CIM Commercial Trust is managed by CIM Group, which is comprised of a seasoned team of real estate and investment professionals with extensive expertise including in-house research, acquisition, investment, development, finance, leasing, and asset management. In addition, CIM Commercial Trust also deploys a portion of its capital to its real estate lending platform through its wholly owned subsidiary that originates and services loans under the U.S. Small Business Administration 7(a) Guaranteed Loan Program.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
6 Dividend to FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
2 FFO Trend: Analysis of the REIT’s FFO trend during the last two years. 7.7
6 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
7 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
4 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
3 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.7
9 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
10 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
7 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
7 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
0 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
0 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
6 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
2 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.4
7 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
Rating Market Cap Section Avg. Rating
2 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
4.5 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2022-01-21 - v2.9