News headlines about Catchmark Timber Trust (NYSE:CTT) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Catchmark Timber Trust earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.9665184126102 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
CTT has been the subject of a number of research analyst reports. TheStreet raised shares of Catchmark Timber Trust from a “d+” rating to a “c-” rating in a research report on Friday, April 7th. Zacks Investment Research raised shares of Catchmark Timber Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, April 25th. Finally, BidaskClub raised shares of Catchmark Timber Trust from a “sell” rating to a “hold” rating in a research report on Tuesday.
Shares of Catchmark Timber Trust (NYSE:CTT) traded down 1.72% during midday trading on Friday, hitting $11.46. 60,950 shares of the stock traded hands. Catchmark Timber Trust has a 12-month low of $10.05 and a 12-month high of $12.58. The firm’s 50 day moving average price is $11.49 and its 200 day moving average price is $11.25. The company’s market capitalization is $444.76 million.
Catchmark Timber Trust (NYSE:CTT) last issued its quarterly earnings data on Thursday, May 4th. The financial services provider reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. Catchmark Timber Trust had a negative return on equity of 3.25% and a negative net margin of 16.02%. The firm had revenue of $23.13 million for the quarter, compared to analyst estimates of $25.51 million. Analysts expect that Catchmark Timber Trust will post ($0.38) EPS for the current year.
COPYRIGHT VIOLATION WARNING: “Catchmark Timber Trust (CTT) Given Daily News Sentiment Score of 0.24” was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://stocknewstimes.com/2017/07/29/catchmark-timber-trust-ctt-getting-somewhat-favorable-news-coverage-report-shows-updated.html.
Catchmark Timber Trust Company Profile
CatchMark Timber Trust, Inc is a real estate company investing in timberlands. The Company primarily engages in the ownership, management, acquisition and disposition of timberlands located in the United States. It is focused on investing in timberlands and to manage such assets to provide current income and attractive long-term returns to its stockholders.
Receive News & Ratings for Catchmark Timber Trust Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Catchmark Timber Trust Inc and related companies with MarketBeat.com's FREE daily email newsletter.
