Creative Media & Community Trust Co. (CMCT) Stock Price, News & Analysis

Company Overview

Creative Media & Community Trust Corporation (the Company), is a Maryland corporation and real estate investment trust (REIT). The Company primarily acquires, develops, owns and operates both premier multifamily properties situated in vibrant communities throughout the United States and Class A and creative office real assets in markets with similar business and employment characteristics to its multifamily investments. The Company also owns one hotel in northern California and a lending platform that originates loans under the Small Business Administration (SBA) 7(a) loan program. The Company seeks to apply the expertise of CIM Group Management, LLC and its affiliates (collectively, CIM Group) to the acquisition, development and operation of premier multifamily properties and creative office assets that cater to rapidly growing industries such as technology, media and entertainment in vibrant and emerging communities throughout the United States.

Key Stats

• Today's Range: $0.21 to $0.23
• 50-Day Range: $0.23 to $2.06
• 52-Week Range: $0.21 to $4.40
• Volume: 199,992 shs
• Average Volume: 158,860 shs
• Market Capitalization: $18.42 million
• P/E Ratio: N/A
• Dividend Yield: 75.29%
• Price Target: $4.00
• Consensus Rating: Hold

Creative Media & Community Trust Co. Stock Analysis - MarketRank™

Creative Media & Community Trust Co. scored higher than 52% of companies evaluated by MarketBeat, and ranked 685th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Creative Media & Community Trust Co. has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Creative Media & Community Trust Co. has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Creative Media & Community Trust Co. are expected to decrease in the coming year, from ($1.22) to ($1.36) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Creative Media & Community Trust Co. is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Creative Media & Community Trust Co. is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Creative Media & Community Trust Co. has a P/B Ratio of 21.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.12% of the outstanding shares of Creative Media & Community Trust Co. have been sold short.

Short Interest Ratio / Days to Cover

Creative Media & Community Trust Co. has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Creative Media & Community Trust Co. has recently increased by 44.65%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Creative Media & Community Trust Co. is a leading dividend payer. It pays a dividend yield of 62.60%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Creative Media & Community Trust Co. does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.12% of the outstanding shares of Creative Media & Community Trust Co. have been sold short.

Short Interest Ratio / Days to Cover

Creative Media & Community Trust Co. has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Creative Media & Community Trust Co. has recently increased by 44.65%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

Creative Media & Community Trust Co. has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Creative Media & Community Trust Co. this week, compared to 0 articles on an average week.

Search Interest

Only 4 people have searched for CMCT on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

MarketBeat Follows

Only 8 people have added Creative Media & Community Trust Co. to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Creative Media & Community Trust Co. insiders have not sold or bought any company stock.

Percentage Held by Insiders

45.69% of the stock of Creative Media & Community Trust Co. is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 28.34% of the stock of Creative Media & Community Trust Co. is held by institutions.

CMCT Stock Analysis - Frequently Asked Questions

How have CMCT shares performed this year?

Creative Media & Community Trust Co.'s stock was trading at $3.69 at the beginning of 2024. Since then, CMCT stock has decreased by 94.2% and is now trading at $0.2151.
View the best growth stocks for 2024 here.

How were Creative Media & Community Trust Co.'s earnings last quarter?

Creative Media & Community Trust Co. (NASDAQ:CMCT) issued its quarterly earnings data on Friday, November, 8th. The real estate investment trust reported ($1.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by $0.86. The real estate investment trust earned $28.62 million during the quarter.

When did Creative Media & Community Trust Co.'s stock split?

Creative Media & Community Trust Co.'s stock reverse split on the morning of Tuesday, September 3rd 2019. The 1-3 reverse split was announced on Thursday, August 8th 2019. The number of shares owned by shareholders was adjusted after the market closes on Friday, August 30th 2019. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Who are Creative Media & Community Trust Co.'s major shareholders?

Creative Media & Community Trust Co.'s top institutional investors include Cerity Partners LLC (12.22%), Arkadios Wealth Advisors (4.79%), PFG Investments LLC (2.32%) and Sequoia Financial Advisors LLC (0.58%). Insiders that own company stock include Shaul Kuba, Richard S Ressler, Avraham Shemesh, Cim Capital Real Property Mana and Marcie L Edwards.
View institutional ownership trends.

How do I buy shares of Creative Media & Community Trust Co.?

Shares of CMCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Creative Media & Community Trust Co. own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Creative Media & Community Trust Co. investors own include Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 10/8 Dividend: 9/25/2024
• Dividend Payable: 10/08/2024
• Last Earnings: 11/08/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/26/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NASDAQ:CMCT
• CUSIP: N/A
• CIK: 908311
• Web: www.cimcommercial.com
• Phone: (972) 349-3200
• Fax: 323-860-4901
• Employees: 5
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.00
• High Stock Price Target: $4.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +1,659.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.8767)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-48,490,000.00
• Net Margins: -18.42%
• Pretax Margin: -18.47%
• Return on Equity: N/A
• Return on Assets: -2.64%

Debt

• Debt-to-Equity Ratio: 438.44
• Current Ratio: 2.71
• Quick Ratio: 2.71

Sales & Book Value

• Annual Sales: $119.26 million
• Price / Sales: 0.17
• Cash Flow: $0.21 per share
• Price / Cash Flow: 1.08
• Book Value: ($2.88) per share
• Price / Book: -0.08

Miscellaneous

• Outstanding Shares: 86,690,000
• Free Float: 47,081,000
• Market Cap: $19.70 million
• Optionable: Optionable
• Beta: 0.56