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

$1.90
0.00 (0.00%)
(As of 09/6/2024 ET)
Today's Range
$1.88
$1.90
50-Day Range
$1.89
$2.70
52-Week Range
$1.88
$4.61
Volume
4,160 shs
Average Volume
10,807 shs
Market Capitalization
$43.30 million
P/E Ratio
N/A
Dividend Yield
17.89%
Price Target
$4.00

Creative Media & Community Trust Co. MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
110.5% Upside
$4.00 Price Target
Short Interest
Healthy
0.47% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.93) to ($0.54) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.65 out of 5 stars

Finance Sector

531st out of 871 stocks

Real Estate Investment Trusts Industry

110th out of 178 stocks

CMCT stock logo

About Creative Media & Community Trust Co. Stock (NASDAQ:CMCT)

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.

CMCT Stock Price History

CMCT Stock News Headlines

Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
CMCT Declares Common Stock Dividend
CMCT Declares Preferred Stock Dividends
See More Headlines
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Company Calendar

Ex-Dividend for 7/22 Dividend
7/08/2024
Dividend Payable
7/22/2024
Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Current Symbol
NASDAQ:CMCT
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
+110.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-48,490,000.00
Pretax Margin
-22.94%

Debt

Sales & Book Value

Annual Sales
$119.26 million
Cash Flow
$0.25 per share
Book Value
($2.94) per share

Miscellaneous

Free Float
12,403,000
Market Cap
$43.30 million
Optionable
Optionable
Beta
0.58
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Key Executives

  • Mr. David A. Thompson CPA (Age 60)
    Chief Executive Officer
  • Mr. Barry Neil Berlin CPA (Age 63)
    Executive VP, CFO, Treasurer & Secretary
    Comp: $141.33k
  • Mr. Shaul KubaMr. Shaul Kuba (Age 61)
    Chief Investment Officer & Director
  • Mr. Stephen Altebrando
    VP, Equity Capital Markets
  • Mr. Jordan Dembo
    MD & Chief Legal Officer
  • Mr. Chris Allman
    Managing Director of Capital Markets
  • Mr. Robert Dupree
    MD of Partner & Co-Investor Relations and Product Management
  • Mr. Ryan Harter
    Principal of Development - CIM Group
  • Mr. Terry Wachsner
    Principal of Asset Management - CIM Group.

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 start of the year. Since then, CMCT shares have decreased by 48.5% and is now trading at $1.90.
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) posted its quarterly earnings results on Thursday, August, 8th. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by $0.23. The real estate investment trust had revenue of $34.44 million for the quarter, compared to analyst estimates of $33.12 million.

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

Creative Media & Community Trust Co. shares 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?

Top institutional shareholders of Creative Media & Community Trust Co. include First Foundation Advisors (1.43%) and Dimensional Fund Advisors LP (0.29%). Insiders that own company stock include Shaul Kuba, Richard S Ressler, Avraham Shemesh, Cim Capital Real Property Mana, Marcie L Edwards, Cim Capital, Llc and David Andrew Thompson.
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 InterDigital (IDCC), Bank of Hawaii (BOH), Chimera Investment (CIM), STAG Industrial (STAG), Macerich (MAC), New York Mortgage Trust (NYMT) and

This page (NASDAQ:CMCT) was last updated on 9/7/2024 by MarketBeat.com Staff

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