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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:CMCT

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

$4.26
+0.06 (+1.43%)
(As of 03/28/2024 ET)
Today's Range
$4.13
$4.34
50-Day Range
$3.19
$4.20
52-Week Range
$3.19
$5.80
Volume
13,760 shs
Average Volume
7,268 shs
Market Capitalization
$97.09 million
P/E Ratio
N/A
Dividend Yield
7.98%
Price Target
$7.00

Creative Media & Community Trust Co. MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
64.3% Upside
$7.00 Price Target
Short Interest
Healthy
0.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.78mentions of Creative Media & Community Trust Co. in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.71) to ($0.23) 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.

3.49 out of 5 stars

Finance Sector

374th out of 850 stocks

Real Estate Investment Trusts Industry

84th out of 179 stocks

CMCT stock logo

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

Creative Media & Community Trust Corporation (formerly known as CIM Commercial 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 ("CIM Group") and its affiliates 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

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Creative Media & Community Trust
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See More Headlines
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Company Calendar

Last Earnings
5/11/2022
Ex-Dividend for 1/16 Dividend
12/29/2023
Dividend Payable
1/16/2024
Today
3/28/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Current Symbol
NASDAQ:CMCT
Employees
5
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+66.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$5.92 million
Pretax Margin
-34.89%

Debt

Sales & Book Value

Annual Sales
$101.91 million
Cash Flow
$1.18 per share
Book Value
$1.07 per share

Miscellaneous

Free Float
12,403,000
Market Cap
$95.72 million
Optionable
Optionable
Beta
0.49
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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: $151.16k
  • 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

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

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Creative Media & Community Trust Co. in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CMCT shares.
View CMCT analyst ratings
or view top-rated stocks.

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

1 equities research analysts have issued 1 year price targets for Creative Media & Community Trust Co.'s stock. Their CMCT share price targets range from $7.00 to $7.00. On average, they predict the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 64.3% 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 shares have increased by 15.4% and is now trading at $4.26.
View the best growth stocks for 2024 here
.

Are investors shorting Creative Media & Community Trust Co.?

Creative Media & Community Trust Co. saw a decrease in short interest in March. As of March 15th, there was short interest totaling 50,700 shares, a decrease of 5.9% from the February 29th total of 53,900 shares. Based on an average daily volume of 10,300 shares, the short-interest ratio is presently 4.9 days. Approximately 0.5% of the company's shares are short sold.
View Creative Media & Community Trust Co.'s Short Interest
.

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) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.03. Creative Media & Community Trust Co. had a negative trailing twelve-month return on equity of 170.65% and a negative net margin of 33.85%. During the same quarter in the prior year, the firm posted ($0.55) earnings per share.

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. declared a quarterly dividend on Wednesday, December 20th. Shareholders of record on Tuesday, January 2nd will be given a dividend of $0.085 per share on Tuesday, January 16th. This represents a $0.34 annualized dividend and a dividend yield of 7.98%. The ex-dividend date of this dividend is Friday, December 29th.
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 8.13%. 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 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.

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).

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

Creative Media & Community Trust Co.'s stock is owned by many different retail and institutional investors. Top institutional shareholders include Pale Fire Capital SE (1.91%), Presima Securities ULC (0.31%), Victory Capital Management Inc. (0.08%), Arkadios Wealth Advisors (0.05%), Citadel Advisors LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Avraham Shemesh, Cim Capital Real Property Mana, Cim Capital, Llc, David Andrew Thompson, Marcie L Edwards, Richard S Ressler and Shaul Kuba.
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.

This page (NASDAQ:CMCT) was last updated on 3/28/2024 by MarketBeat.com Staff

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