CatchMark Timber Trust, Inc

Symbol: CTT
CIK: 1341141
Exchange: NYSE
Founded: 2005 (14 years)
HQ: Atlanta, GA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Timber

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See CTT on Yahoo Finance
See CTT on SEC.gov

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Overall Score: 6.5

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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


CatchMark Timber Trust, Inc Company Logo

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Hightlights of Trading Day November 8, 2019


Open Price: $11.43
Closing Price: $11.44
Price Change: -0.07 (-0.608%)
Lowest Price: $11.39
Highest Price: $11.54

52-Week Low: $6.71
52-Week High: $12.54
52-Week Change: 21.70%

5 Day Price Change: -5.66%
1 Month Price Change: 9.93%
3 Month Price Change: 16.62%
6 Month Price Change: 17.57%
YTD Price Change: 61.21%
1 Year Price Change: 22.45%
2 Year Price Change: -11.73%
5 Year Price Change: 0.88%

Dividend of Trading Day November 8, 2019


Dividend Yield: 1.18%*
Annualized Dividend: $0.135*
Dividend Yield (TTM): 4.72%
Annualized Dividend (TTM): $0.54
Ex Dividend Date: 2019-11-25
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.

Latest News Headlines


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Key Stats of Trading Day November 8, 2019


Total Cash: $5,614,000
Current Debt: N/A
Revenue: $97,857,000
Gross Profit: $14,168,000
Total Revenue: $97,857,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $27,415,000
Revenue Per Share: $2
Revenue Per Employee: $3,914,280
Employee: 25
Debt to Equity Ratio (D/E): 1.47
Profit Margin: -1.24%
Enterprise Value (EV): $1,027,266,080
Enterprise Value to Revenue (EV/R): 10.50
Price to Sales (P/S): 5.73
Price to Book (P/B): 1.74
Peg Ratio: -0.06
P/E Ratio: -4.70
P/E High: -5.14
P/E Low: -2.75
Forward P/E Ratio: -5.81
Market Capitalization: $560,640,080
Beta: 0.55
Latest Volume: 205,613.00
Avg. Total Volume: 226,379
Avg. 10 Volume: 283,784.20
Avg. 30 Volume: 226,379.03
TTM EPS: -2.43
TTM Dividend Rate: 0.54
Shares Outstanding: 49,007,000
Float: 48,304,190.61
50-Day Moving Avg.: 10.86
200-Day Moving Avg.: 10.10

Properties Owned by CTT


Properties owned:
41500000
Types:
1
States:
8
Countries:
1
Sample of REIT’s Properties (Image Source - REIT’s website) | See more pictures
CTT Sample Property
Please visit this REIT’s official webpage to learn more.

Dividend History


Below are the most recent cash dividends paid by CTT, and the Ex-Dividend Date of the dividend. The percent difference from one dividend payment to the next has also been calculated for your convenience.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date

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Financial Statements Overview

Balance Sheet (Quarterly)

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Current Cash 17,074,000 10,817,000 2,420,000 5,614,000
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 10,425,000 39,309,000 67,960,000 96,244,000
Property, Plant & Equipment Net 3,191,000 3,261,000 3,331,000 0
Goodwill 0 0 0 0
Intangible Assets 9,000 10,000 11,000 12,000
Other Assets 2,528,000 2,790,000 4,482,000 6,197,000
Net Tangible Assets 204,028,000 234,036,000 279,074,000 320,699,000
Total Assets 683,738,000 730,623,000 767,439,000 804,772,000
Accounts Payable 0 0 0 0
Liabilities (Other) 22,683,000 19,638,000 11,547,000 10,876,000
Current Liabilities (Other) 0 0 0 0
Total Current Liabilities 0 0 0 0
Current Long-term Debt 0 0 0 0
Long-term Debt 455,973,000 475,797,000 475,571,000 472,240,000
Total Liabilities 478,753,000 495,630,000 487,408,000 483,116,000
Minority Interest 0 0 0 0
Common Stock 49,007,000 490,000 492,000 492,000
Retained Earnings -510,488,000 -483,376,000 -446,233,000 -409,260,000
Treasury Stock 0 0 0 0
Capital Surplus 729,000,000 728,792,000 729,705,000 730,416,000
Shareholder Equity 204,985,000 234,993,000 280,031,000 321,656,000

Income Statement (Quarterly)

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Total Revenue 33,577,000 28,660,000 22,573,000 22,927,000
Cost of Revenue 21,593,000 23,338,000 17,770,000 19,082,000
Gross Profit 11,984,000 5,322,000 4,803,000 3,845,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 24,566,000 26,528,000 20,925,000 22,855,000
Operating Income 8,886,000 1,999,000 1,506,000 -98,000
Income Expense Net (Other) -4,392,000 -3,913,000 -4,592,000 -5,048,000
EBIT 8,886,000 1,999,000 1,506,000 -98,000
Interest Income 4,472,000 4,709,000 4,622,000 5,130,000
Pretax Income 4,494,000 -1,914,000 -3,086,000 -5,146,000
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income -20,557,000 -30,565,000 -30,395,000 -37,828,000
Net Income Basic -20,557,000 -30,565,000 -30,395,000 -37,828,000

Cash Flow

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Net Income -20,557,000 -30,565,000 -30,395,000 -37,828,000
Depreciation 8,282,000 5,945,000 5,476,000 6,078,000
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change 6,257,000 8,397,000 -3,194,000 -9,709,000
Cash Flow 14,465,000 12,007,000 6,012,000 411,000
Capital Expenditures -834,000 -938,000 -1,259,000 -1,750,000
Investments 19,840,000 5,311,000 0 -397,000
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows 19,006,000 4,373,000 -1,259,000 76,987,000
Dividends Paid -6,555,000 -6,578,000 -6,578,000 -6,588,000
Net Borrowings -20,064,000 0 0 -79,602,000
Cash Flow Financing -27,214,000 -7,983,000 -7,947,000 -87,107,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About CatchMark Timber Trust, Inc


CatchMark (NYSE: CTT) is a public company that strives to deliver superior risk-adjusted returns for all stakeholders through disciplined acquisitions, sustainable harvests, and well-timed sales. CatchMark commenced operations in 2006 as a nontraded Real Estate Investment Trust (REIT) and in December 2013 converted to a company listed on the New York Stock Exchange under the ticker symbol CTT.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
5 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 5.3
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.3
Rating AFFO & Efficiency Section Avg. Rating
6 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 7.1
9 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.0
Rating Leverage Section Avg. Rating
2 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 5.0
8 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 5.7
7 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
5 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 7.4
5 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
5 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
9 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.8
4 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.3
Rating Properties Section Avg. Rating
9 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
6.5 Overall REITRating™ Score 6.7

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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