Should I buy or sell Creative Media & Community Trust Co. stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Creative Media & Community Trust Co. in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CMCT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMCT, but not buy additional shares or sell existing shares. View CMCT analyst ratings or view top-rated stocks .

What is Creative Media & Community Trust Co.'s stock price target for 2024?

1 brokers have issued 1 year price targets for Creative Media & Community Trust Co.'s stock. Their CMCT share price targets range from $4.00 to $4.00. On average, they predict the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 18.0% from the stock's current price. View analysts price targets for CMCT or view top-rated stocks among Wall Street analysts .

How have CMCT shares performed in 2024?

Creative Media & Community Trust Co.'s stock was trading at $3.69 at the start of the year. Since then, CMCT stock has decreased by 8.1% and is now trading at $3.39. View the best growth stocks for 2024 here .

When is Creative Media & Community Trust Co.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our CMCT earnings forecast .

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

Creative Media & Community Trust Co. (NASDAQ:CMCT) released its quarterly earnings results on Wednesday, May, 11th. The real estate investment trust reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. During the same period in the previous year, the business earned ($0.55) EPS.

How often does Creative Media & Community Trust Co. pay dividends? What is the dividend yield for Creative Media & Community Trust Co.?

Creative Media & Community Trust Co. announced a quarterly dividend on Wednesday, March 27th. Shareholders of record on Monday, April 8th will be paid a dividend of $0.085 per share on Monday, April 22nd. This represents a $0.34 annualized dividend and a yield of 10.03%. The ex-dividend date of this dividend is Friday, April 5th. Read our dividend analysis for CMCT .

Is Creative Media & Community Trust Co. a good dividend stock?

Creative Media & Community Trust Co. (NASDAQ:CMCT) pays an annual dividend of $0.34 per share and currently has a dividend yield of 9.56%. CMCT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CMCT .

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 closing bell 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.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other 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) , New Residential Investment (NRZ) and AGNC Investment (AGNC) .

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 .

Positive News SentimentPositive News

NASDAQ:CMCT

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

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Free CMCT Stock Alerts

$3.39

+0.07 (+2.11%)

(As of 04/19/2024 ET)

Compare

Today's Range: $3.24
▼
$3.48
50-Day Range: $3.19
▼
$4.26
52-Week Range: $3.19
▼
$5.54

Volume: 11,170 shs
Average Volume: 9,514 shs
Market Capitalization: $77.25 million

P/E Ratio: N/A
Dividend Yield: 10.03%
Price Target: $4.00

Get Creative Media & Community Trust Co. alerts:

Creative Media & Community Trust Co. MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 18.0% Upside
$4.00 Price Target
Short Interest: Healthy
0.50% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.75
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.74) to ($0.52) 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.

1.53 out of 5 stars

Finance Sector

719th out of 850 stocks

Real Estate Investment Trusts Industry

153rd out of 181 stocks

2.0

Analyst's Opinion

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 only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.50% of the float of Creative Media & Community Trust Co. has been sold short.
Short Interest Ratio / Days to Cover
Creative Media & Community Trust Co. has a short interest ratio ("days to cover") of 7.4.
Change versus previous month
Short interest in Creative Media & Community Trust Co. has recently decreased by 0.39%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
Creative Media & Community Trust Co. is a leading dividend payer. It pays a dividend yield of 9.56%, 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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CMCT.

3.2

News and Social Media Coverage

News Sentiment
Creative Media & Community Trust Co. has a news sentiment score of 1.75. 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 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Creative Media & Community Trust Co. this week, compared to 0 articles on an average week.
Search Interest
Only 2 people have searched for CMCT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Creative Media & Community Trust Co. to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

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
45.57% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Creative Media & Community Trust Co. are expected to grow in the coming year, from ($0.74) to ($0.52) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Creative Media & Community Trust Co. is -1.01, 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 -1.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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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

30 days | 90 days | 365 days | Advanced Chart

CMCT Stock News Headlines

April 17, 2024 | msn.com

Creative Media & Community Trust (CMCT) Price Target Decreased by 16.67% to 5.10

April 15, 2024 | americanbankingnews.com

Research Analysts Offer Predictions for Creative Media & Community Trust Co.'s Q1 2024 Earnings (NASDAQ:CMCT)

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

April 13, 2024 | americanbankingnews.com

B. Riley Initiates Coverage on Creative Media & Community Trust Co. (NASDAQ:CMCT)

April 13, 2024 | americanbankingnews.com

StockNews.com Initiates Coverage on Creative Media & Community Trust Co. (NASDAQ:CMCT)

April 8, 2024 | businesswire.com

CMCT Declares Preferred Stock Dividends

March 29, 2024 | finance.yahoo.com

Q4 2023 Creative Media & Community Trust Corporation Earnings Call

March 27, 2024 | businesswire.com

Creative Media & Community Trust Corporation Reports 2023 Fourth Quarter Results

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

March 27, 2024 | businesswire.com

CMCT Declares Common Stock Dividend

March 26, 2024 | businesswire.com

Creative Media & Community Trust Announces Date for Its Fourth Quarter 2023 Earnings Release and Conference Call

February 5, 2024 | msn.com

Community Connection: The Power of Guest Articles for Chester County Businesses

January 12, 2024 | benzinga.com

Office Properties' Dividend Gets Whacked: Isolated Case Or The Start of A Trend?

December 22, 2023 | morningstar.com

Creative Media & Community Trust

November 17, 2023 | finance.yahoo.com

Creative Media & Community Trust Corporation (NASDAQ:CMCT) Q3 2023 Earnings Call Transcript

November 16, 2023 | finance.yahoo.com

Q3 2023 Creative Media & Community Trust Corporation Earnings Call

November 14, 2023 | msn.com

Creative Media & Community Trust FFO of -$0.33 misses by $0.34, revenue of $28.1M misses by $2.11M

November 14, 2023 | chron.com

Creative Media & Community Trust: Q3 Earnings Snapshot

November 14, 2023 | finance.yahoo.com

Creative Media & Community Trust Corporation Reports 2023 Third Quarter Results

November 13, 2023 | finance.yahoo.com

Creative Media & Community Trust Announces Date for Its Third Quarter 2023 Earnings Release and Conference Call

November 5, 2023 | morningstar.com

Creative Media & Community Trust CMCT

October 14, 2023 | msn.com

Media Trust Is Hiring

October 5, 2023 | msn.com

Creative Media & Community Trust (CMCT) Declares $0.08 Dividend

August 13, 2023 | insidermonkey.com

Creative Media & Community Trust Corporation (NASDAQ:CMCT) Q2 2023 Earnings Call Transcript

August 11, 2023 | finance.yahoo.com

Q2 2023 Creative Media & Community Trust Corporation Earnings Call

August 10, 2023 | msn.com

Creative Media & Community Trust (CMCT) Reports Q2 Loss, Tops Revenue Estimates

August 10, 2023 | sfgate.com

Creative Media & Community Trust: Q2 Earnings Snapshot

See More Headlines

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Company Calendar

Last Earnings: 5/11/2022
Ex-Dividend for 4/22 Dividend: 4/05/2024
Today: 4/20/2024
Dividend Payable: 4/22/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Real Estate
Industry: REIT - Office
Sub-Industry: N/A
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: +18.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.34)
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: -40.66%
Pretax Margin: -42.12%
Return on Equity: N/A
Return on Assets: -5.29%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.57
Quick Ratio: 3.57

Sales & Book Value

Annual Sales: $119.26 million
Price / Sales: 0.65
Cash Flow: $0.26 per share
Price / Cash Flow: 13.12
Book Value: ($2.94) per share
Price / Book: -1.15

Miscellaneous

Outstanding Shares: 22,790,000
Free Float: 12,403,000
Market Cap: $77.26 million
Optionable: Optionable
Beta: 0.51

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Key Executives

Mr. 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.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CMCT Stock Analysis - Frequently Asked Questions

Should I buy or sell Creative Media & Community Trust Co. stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Creative Media & Community Trust Co. in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CMCT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMCT, but not buy additional shares or sell existing shares.
View CMCT analyst ratings or view top-rated stocks.
What is Creative Media & Community Trust Co.'s stock price target for 2024?: 1 brokers have issued 1 year price targets for Creative Media & Community Trust Co.'s stock. Their CMCT share price targets range from $4.00 to $4.00. On average, they predict the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 18.0% from the stock's current price.
View analysts price targets for CMCT or view top-rated stocks among Wall Street analysts.
How have CMCT shares performed in 2024?: Creative Media & Community Trust Co.'s stock was trading at $3.69 at the start of the year. Since then, CMCT stock has decreased by 8.1% and is now trading at $3.39.
View the best growth stocks for 2024 here.
When is Creative Media & Community Trust Co.'s next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our CMCT earnings forecast.
How were Creative Media & Community Trust Co.'s earnings last quarter?: Creative Media & Community Trust Co. (NASDAQ:CMCT) released its quarterly earnings results on Wednesday, May, 11th. The real estate investment trust reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. During the same period in the previous year, the business earned ($0.55) EPS.
How often does Creative Media & Community Trust Co. pay dividends? What is the dividend yield for Creative Media & Community Trust Co.?: Creative Media & Community Trust Co. announced a quarterly dividend on Wednesday, March 27th. Shareholders of record on Monday, April 8th will be paid a dividend of $0.085 per share on Monday, April 22nd. This represents a $0.34 annualized dividend and a yield of 10.03%. The ex-dividend date of this dividend is Friday, April 5th.
Read our dividend analysis for CMCT.

Is Creative Media & Community Trust Co. a good dividend stock?: Creative Media & Community Trust Co. (NASDAQ:CMCT) pays an annual dividend of $0.34 per share and currently has a dividend yield of 9.56%. CMCT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CMCT.
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 closing bell 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.
What other stocks do shareholders of Creative Media & Community Trust Co. own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 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), New Residential Investment (NRZ) and AGNC Investment (AGNC).
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.

This page (NASDAQ:CMCT) was last updated on 4/20/2024 by MarketBeat.com Staff

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