View ValuationThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsCatchMark Timber Trust 将来の成長Future 基準チェック /06主要情報-111.8%収益成長率-106.65%EPS成長率REITs 収益成長12.1%収益成長率0.7%将来の株主資本利益率0.23%アナリストカバレッジLow最終更新日n/a今後の成長に関する最新情報Major Estimate Revision • Jun 08Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -US$0.11 to -US$0.05 per share. Revenue forecast steady at US$85.0m. REITs industry in the US expected to see average net income decline 6.7% next year. Consensus price target up from US$9.10 to US$11.15. Share price was steady at US$11.71 over the past week.Price Target Changed • Jun 01Price target increased to US$10.15Up from US$9.10, the current price target is an average from 5 analysts. New target price is 13% below last closing price of US$11.68. The company is forecast to post a net loss per share of US$0.11 compared to earnings per share of US$1.20 last year.Major Estimate Revision • Feb 17Consensus EPS estimates fall by 44%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$91.0m to US$84.6m. Losses expected to increase from US$0.12 per share to US$0.18. REITs industry in the US expected to see average net income decline 6.0% next year. Consensus price target broadly unchanged at US$9.05. Share price was steady at US$8.17 over the past week.Price Target Changed • Oct 16Price target decreased to US$10.50Down from US$13.04, the current price target is an average from 5 analysts. New target price is 12% above last closing price of US$9.40. Stock is up 11% over the past year.Breakeven Date Change • Aug 06Forecast to breakeven in 2021The 5 analysts covering CatchMark Timber Trust expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$438.7k in 2021.Price Target Changed • Apr 28Price target increased to US$11.83Up from US$11.00, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$11.57. Stock is up 46% over the past year.すべての更新を表示Recent updatesBuying Opportunity • Sep 14Now 24% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be US$13.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.6% in a year. Earnings is forecast to decline by 109% in the next year.Buying Opportunity • Aug 17Now 21% undervaluedOver the last 90 days, the stock is up 37%. The fair value is estimated to be US$13.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.6% in a year. Earnings is forecast to decline by 109% in the next year.Reported Earnings • Aug 05Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: US$0.094 loss per share (down from US$0.036 profit in 2Q 2021). Revenue: US$24.6m (down 23% from 2Q 2021). Net loss: US$4.55m (down 360% from profit in 2Q 2021). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 239%. Over the next year, revenue is expected to shrink by 8.3% compared to a 7.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 10Now 21% undervaluedOver the last 90 days, the stock is up 35%. The fair value is estimated to be US$13.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 16% in a year. Earnings is forecast to decline by 109% in the next year.Major Estimate Revision • Jun 08Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -US$0.11 to -US$0.05 per share. Revenue forecast steady at US$85.0m. REITs industry in the US expected to see average net income decline 6.7% next year. Consensus price target up from US$9.10 to US$11.15. Share price was steady at US$11.71 over the past week.Price Target Changed • Jun 01Price target increased to US$10.15Up from US$9.10, the current price target is an average from 5 analysts. New target price is 13% below last closing price of US$11.68. The company is forecast to post a net loss per share of US$0.11 compared to earnings per share of US$1.20 last year.Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 46% share price gain to US$11.79, the stock trades at a trailing P/E ratio of 9.4x. Average forward P/E is 38x in the REITs industry in the US. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$12.80 per share.Seeking Alpha • May 31PotlatchDeltic Buying CatchMark: What You Need To KnowWe had a neutral rating on PotlatchDeltic when we covered it in March. CatchMark, on the other hand, appeared undervalued to us in relation to NAV. PotlatchDeltic buying CatchMark makes sense on paper but we were not too impressed with the method or the price. We revise our rating on CatchMark and tell you where we would buy PotlatchDeltic.Upcoming Dividend • May 20Upcoming dividend of US$0.075 per shareEligible shareholders must have bought the stock before 27 May 2022. Payment date: 15 June 2022. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (3.5%).Seeking Alpha • May 09CatchMark Timber: Recovering From A Gut PunchCatchMark Timber is by far the smallest of the Timber REITs. The company's halcyon days are far in the rear-view mirror. Share price plummeted last fall, when CatchMark slashed its dividend, apparently as a result of exiting a disastrous joint venture. Favorable tailwinds may help CatchMark return to growth. This article examines growth, balance sheet, dividend, and valuation metrics, to shed light on the company's future.Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.066 (up from US$0.011 loss in 1Q 2021). Revenue: US$26.9m (down 4.8% from 1Q 2021). Net income: US$3.18m (up US$3.73m from 1Q 2021). Profit margin: 12% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is expected to shrink by 16% compared to a 9.7% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Feb 18Upcoming dividend of US$0.075 per shareEligible shareholders must have bought the stock before 25 February 2022. Payment date: 15 March 2022. Trailing yield: 3.7%. Within top quartile of American dividend payers (3.6%). Higher than average of industry peers (3.1%).Major Estimate Revision • Feb 17Consensus EPS estimates fall by 44%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$91.0m to US$84.6m. Losses expected to increase from US$0.12 per share to US$0.18. REITs industry in the US expected to see average net income decline 6.0% next year. Consensus price target broadly unchanged at US$9.05. Share price was steady at US$8.17 over the past week.Reported Earnings • Feb 12Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: US$1.20 (up from US$0.36 loss in FY 2020). Revenue: US$102.2m (down 2.3% from FY 2020). Net income: US$58.3m (up US$75.8m from FY 2020). Profit margin: 57% (up from net loss in FY 2020). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 2.0%. Over the next year, revenue is expected to shrink by 11% compared to a 9.9% growth forecast for the reits industry in the US. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Seeking Alpha • Jan 10CatchMark Becomes An Inflation PlayWhen we first covered CatchMark, we outlined the company's history and the highly destructive Triple-T deal. The stock has meandered since then and lagged its peers. We tell you why we are pivoting to a slightly bullish stance and how we are aiming to play this for income.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$8.42, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 50x in the REITs industry in the US. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$5.65 per share.Upcoming Dividend • Nov 22Upcoming dividend of US$0.075 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 15 December 2021. Trailing yield: 3.6%. Within top quartile of American dividend payers (3.5%). Higher than average of industry peers (2.9%).Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$0.48 (vs US$0.085 loss in 3Q 2020)Third quarter 2021 results: Revenue: US$22.1m (down 12% from 3Q 2020). Net income: US$23.3m (up US$27.4m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Seeking Alpha • Oct 19Timber! CatchMark Still Risky After 25% DropDividend cuts often result in the biggest drops and CatchMark was no different. We examine the deal that led to this cut and where the valuation stands today. We tell you why we avoided this one and what might get us interested.Price Target Changed • Oct 16Price target decreased to US$10.50Down from US$13.04, the current price target is an average from 5 analysts. New target price is 12% above last closing price of US$9.40. Stock is up 11% over the past year.Upcoming Dividend • Aug 23Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 15 September 2021. Trailing yield: 4.7%. Within top quartile of American dividend payers (3.6%). Higher than average of industry peers (2.9%).Reported Earnings • Aug 08Second quarter 2021 earnings released: EPS US$0.036 (vs US$0.13 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$32.0m (up 47% from 2Q 2020). Net income: US$1.75m (up US$7.93m from 2Q 2020). Profit margin: 5.5% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Breakeven Date Change • Aug 06Forecast to breakeven in 2021The 5 analysts covering CatchMark Timber Trust expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$438.7k in 2021.Seeking Alpha • Jul 09CatchMark Timber Trust Looks Fairly ValuedCatchMark Timber Trust has been a solid company in recent years. The business appears healthy, but shares look cheap relative to similar firms but they are probably fairly valued on an absolute basis. This is a reasonable prospect, but nothing special for investors.Upcoming Dividend • May 20Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 27 May 2021. Payment date: 15 June 2021. Trailing yield: 4.5%. Within top quartile of American dividend payers (3.4%). Higher than average of industry peers (3.1%).Reported Earnings • May 07First quarter 2021 earnings released: US$0.011 loss per share (vs US$0.087 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$27.7m (up 3.0% from 1Q 2020). Net loss: US$550.0k (loss narrowed 87% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 28Price target increased to US$11.83Up from US$11.00, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$11.57. Stock is up 46% over the past year.Reported Earnings • Mar 01Full year 2020 earnings released: US$0.36 loss per share (vs US$1.90 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$104.6m (down 2.9% from FY 2019). Net loss: US$17.5m (loss narrowed 81% from FY 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Mar 01Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to stay flat compared to a 5.1% growth forecast for the REITs industry in the US.Reported Earnings • Feb 13Full year 2020 earnings released: US$0.36 loss per share (vs US$1.90 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$104.6m (down 2.9% from FY 2019). Net loss: US$17.5m (loss narrowed 81% from FY 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 13Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 2.3%, compared to a 2.8% growth forecast for the REITs industry in the US.Is New 90 Day High Low • Feb 06New 90-day high: US$10.41The company is up 18% from its price of US$8.83 on 06 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$14.33 per share.分析記事 • Feb 02CatchMark Timber Trust's (NYSE:CTT) Shareholders Are Down 24% On Their SharesMany investors define successful investing as beating the market average over the long term. But if you try your hand...Is New 90 Day High Low • Dec 16New 90-day high: US$9.97The company is up 7.0% from its price of US$9.32 on 16 September 2020. The American market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$15.10 per share.分析記事 • Dec 11What Kind Of Shareholders Hold The Majority In CatchMark Timber Trust, Inc.'s (NYSE:CTT) Shares?If you want to know who really controls CatchMark Timber Trust, Inc. ( NYSE:CTT ), then you'll have to look at the...Upcoming Dividend • Nov 20Upcoming Dividend of US$0.14 Per ShareWill be paid on the 15th of December to those who are registered shareholders by the 27th of November. The trailing yield of 5.6% is in the top quartile of American dividend payers (4.2%), and it is higher than industry peers (3.4%).Reported Earnings • Nov 03Third quarter 2020 earnings released: US$0.085 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: US$25.0m (down 7.5% from 3Q 2019). Net loss: US$4.15m (loss narrowed 80% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 2.3%, compared to a 1.9% growth forecast for the REITs industry in the US.Reported Earnings • Oct 31Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$26.4m, with losses narrowing by 78% from the prior year. Total revenue was US$103.4m over the last 12 months, up 1.9% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations.Analyst Estimate Surprise Post Earnings • Oct 31Third-quarter earnings released: Revenue beats expectations, earnings disappointThird-quarter revenue exceeded analyst estimates by 4.3% at US$24.6m. Earnings per share (EPS) missed analyst estimates by 18% at -US$0.09. Revenue is forecast to grow 2.1% over the next year, compared to a 1.8% growth forecast for the REITs industry in the US.Is New 90 Day High Low • Oct 20New 90-day low: US$8.25The company is down 15% from its price of US$9.71 on 22 July 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$11.36 per share.お知らせ • Sep 30CatchMark Timber Trust, Inc. to Report Q3, 2020 Results on Oct 29, 2020CatchMark Timber Trust, Inc. announced that they will report Q3, 2020 results on Oct 29, 2020お知らせ • Jul 02CatchMark Timber Trust, Inc.(NYSE:CTT) dropped from Russell 2000 Defensive IndexCatchMark Timber Trust, Inc.(NYSE:CTT) dropped from Russell 2000 Defensive Index業績と収益の成長予測NYSE:CTT - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202494N/A2631212/31/202389-51728512/31/202288-6243116/30/202295563643N/A3/31/2022102624348N/A12/31/2021103584247N/A9/30/2021113224550N/A6/30/2021116-64550N/A3/31/2021106-143641N/A12/31/2020105-183540N/A9/30/2020103-262532N/A6/30/2020104-432836N/A3/31/2020111-673139N/A12/31/2019108-932733N/A9/30/2019101-1202429N/A6/30/201999-178-3627N/A3/31/201997-149-7024N/A12/31/2018100-122-6730N/A9/30/2018101-89-11531N/A6/30/201895-14-6525N/A3/31/201895-15-2930N/A12/31/201792-14-3027N/A9/30/201789-13-629N/A6/30/201789-12-131N/A3/31/201778-12-11024N/A12/31/201682-11-11431N/A9/30/201679-9-13232N/A6/30/201678-8-13035N/A3/31/201676-8N/A34N/A12/31/201569-8N/A28N/A9/30/201573-3N/A31N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: CTTの収益は今後 3 年間で減少すると予測されています (年間-111.8% )。収益対市場: CTTの収益は今後 3 年間で減少すると予測されています (年間-111.8% )。高成長収益: CTTの収益は今後 3 年間で減少すると予測されています。収益対市場: CTTの収益 ( 0.7% ) US市場 ( 11.7% ) よりも低い成長が予測されています。高い収益成長: CTTの収益 ( 0.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: CTTの 自己資本利益率 は、3年後には低くなると予測されています ( 0.2 %)。成長企業の発掘7D1Y7D1Y7D1YReal-estate 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/09/14 05:13終値2022/09/14 00:00収益2022/06/30年間収益2021/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CatchMark Timber Trust, Inc. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関David RodgersBairdCraig KuceraB. Riley Securities, Inc.Anthony PettinariCitigroup Inc3 その他のアナリストを表示
Major Estimate Revision • Jun 08Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -US$0.11 to -US$0.05 per share. Revenue forecast steady at US$85.0m. REITs industry in the US expected to see average net income decline 6.7% next year. Consensus price target up from US$9.10 to US$11.15. Share price was steady at US$11.71 over the past week.
Price Target Changed • Jun 01Price target increased to US$10.15Up from US$9.10, the current price target is an average from 5 analysts. New target price is 13% below last closing price of US$11.68. The company is forecast to post a net loss per share of US$0.11 compared to earnings per share of US$1.20 last year.
Major Estimate Revision • Feb 17Consensus EPS estimates fall by 44%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$91.0m to US$84.6m. Losses expected to increase from US$0.12 per share to US$0.18. REITs industry in the US expected to see average net income decline 6.0% next year. Consensus price target broadly unchanged at US$9.05. Share price was steady at US$8.17 over the past week.
Price Target Changed • Oct 16Price target decreased to US$10.50Down from US$13.04, the current price target is an average from 5 analysts. New target price is 12% above last closing price of US$9.40. Stock is up 11% over the past year.
Breakeven Date Change • Aug 06Forecast to breakeven in 2021The 5 analysts covering CatchMark Timber Trust expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$438.7k in 2021.
Price Target Changed • Apr 28Price target increased to US$11.83Up from US$11.00, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$11.57. Stock is up 46% over the past year.
Buying Opportunity • Sep 14Now 24% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be US$13.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.6% in a year. Earnings is forecast to decline by 109% in the next year.
Buying Opportunity • Aug 17Now 21% undervaluedOver the last 90 days, the stock is up 37%. The fair value is estimated to be US$13.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.6% in a year. Earnings is forecast to decline by 109% in the next year.
Reported Earnings • Aug 05Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: US$0.094 loss per share (down from US$0.036 profit in 2Q 2021). Revenue: US$24.6m (down 23% from 2Q 2021). Net loss: US$4.55m (down 360% from profit in 2Q 2021). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 239%. Over the next year, revenue is expected to shrink by 8.3% compared to a 7.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 10Now 21% undervaluedOver the last 90 days, the stock is up 35%. The fair value is estimated to be US$13.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 16% in a year. Earnings is forecast to decline by 109% in the next year.
Major Estimate Revision • Jun 08Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -US$0.11 to -US$0.05 per share. Revenue forecast steady at US$85.0m. REITs industry in the US expected to see average net income decline 6.7% next year. Consensus price target up from US$9.10 to US$11.15. Share price was steady at US$11.71 over the past week.
Price Target Changed • Jun 01Price target increased to US$10.15Up from US$9.10, the current price target is an average from 5 analysts. New target price is 13% below last closing price of US$11.68. The company is forecast to post a net loss per share of US$0.11 compared to earnings per share of US$1.20 last year.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 46% share price gain to US$11.79, the stock trades at a trailing P/E ratio of 9.4x. Average forward P/E is 38x in the REITs industry in the US. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$12.80 per share.
Seeking Alpha • May 31PotlatchDeltic Buying CatchMark: What You Need To KnowWe had a neutral rating on PotlatchDeltic when we covered it in March. CatchMark, on the other hand, appeared undervalued to us in relation to NAV. PotlatchDeltic buying CatchMark makes sense on paper but we were not too impressed with the method or the price. We revise our rating on CatchMark and tell you where we would buy PotlatchDeltic.
Upcoming Dividend • May 20Upcoming dividend of US$0.075 per shareEligible shareholders must have bought the stock before 27 May 2022. Payment date: 15 June 2022. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (3.5%).
Seeking Alpha • May 09CatchMark Timber: Recovering From A Gut PunchCatchMark Timber is by far the smallest of the Timber REITs. The company's halcyon days are far in the rear-view mirror. Share price plummeted last fall, when CatchMark slashed its dividend, apparently as a result of exiting a disastrous joint venture. Favorable tailwinds may help CatchMark return to growth. This article examines growth, balance sheet, dividend, and valuation metrics, to shed light on the company's future.
Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.066 (up from US$0.011 loss in 1Q 2021). Revenue: US$26.9m (down 4.8% from 1Q 2021). Net income: US$3.18m (up US$3.73m from 1Q 2021). Profit margin: 12% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is expected to shrink by 16% compared to a 9.7% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Feb 18Upcoming dividend of US$0.075 per shareEligible shareholders must have bought the stock before 25 February 2022. Payment date: 15 March 2022. Trailing yield: 3.7%. Within top quartile of American dividend payers (3.6%). Higher than average of industry peers (3.1%).
Major Estimate Revision • Feb 17Consensus EPS estimates fall by 44%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$91.0m to US$84.6m. Losses expected to increase from US$0.12 per share to US$0.18. REITs industry in the US expected to see average net income decline 6.0% next year. Consensus price target broadly unchanged at US$9.05. Share price was steady at US$8.17 over the past week.
Reported Earnings • Feb 12Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: US$1.20 (up from US$0.36 loss in FY 2020). Revenue: US$102.2m (down 2.3% from FY 2020). Net income: US$58.3m (up US$75.8m from FY 2020). Profit margin: 57% (up from net loss in FY 2020). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 2.0%. Over the next year, revenue is expected to shrink by 11% compared to a 9.9% growth forecast for the reits industry in the US. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Seeking Alpha • Jan 10CatchMark Becomes An Inflation PlayWhen we first covered CatchMark, we outlined the company's history and the highly destructive Triple-T deal. The stock has meandered since then and lagged its peers. We tell you why we are pivoting to a slightly bullish stance and how we are aiming to play this for income.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$8.42, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 50x in the REITs industry in the US. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$5.65 per share.
Upcoming Dividend • Nov 22Upcoming dividend of US$0.075 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 15 December 2021. Trailing yield: 3.6%. Within top quartile of American dividend payers (3.5%). Higher than average of industry peers (2.9%).
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$0.48 (vs US$0.085 loss in 3Q 2020)Third quarter 2021 results: Revenue: US$22.1m (down 12% from 3Q 2020). Net income: US$23.3m (up US$27.4m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Seeking Alpha • Oct 19Timber! CatchMark Still Risky After 25% DropDividend cuts often result in the biggest drops and CatchMark was no different. We examine the deal that led to this cut and where the valuation stands today. We tell you why we avoided this one and what might get us interested.
Price Target Changed • Oct 16Price target decreased to US$10.50Down from US$13.04, the current price target is an average from 5 analysts. New target price is 12% above last closing price of US$9.40. Stock is up 11% over the past year.
Upcoming Dividend • Aug 23Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 15 September 2021. Trailing yield: 4.7%. Within top quartile of American dividend payers (3.6%). Higher than average of industry peers (2.9%).
Reported Earnings • Aug 08Second quarter 2021 earnings released: EPS US$0.036 (vs US$0.13 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$32.0m (up 47% from 2Q 2020). Net income: US$1.75m (up US$7.93m from 2Q 2020). Profit margin: 5.5% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Aug 06Forecast to breakeven in 2021The 5 analysts covering CatchMark Timber Trust expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$438.7k in 2021.
Seeking Alpha • Jul 09CatchMark Timber Trust Looks Fairly ValuedCatchMark Timber Trust has been a solid company in recent years. The business appears healthy, but shares look cheap relative to similar firms but they are probably fairly valued on an absolute basis. This is a reasonable prospect, but nothing special for investors.
Upcoming Dividend • May 20Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 27 May 2021. Payment date: 15 June 2021. Trailing yield: 4.5%. Within top quartile of American dividend payers (3.4%). Higher than average of industry peers (3.1%).
Reported Earnings • May 07First quarter 2021 earnings released: US$0.011 loss per share (vs US$0.087 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$27.7m (up 3.0% from 1Q 2020). Net loss: US$550.0k (loss narrowed 87% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 28Price target increased to US$11.83Up from US$11.00, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$11.57. Stock is up 46% over the past year.
Reported Earnings • Mar 01Full year 2020 earnings released: US$0.36 loss per share (vs US$1.90 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$104.6m (down 2.9% from FY 2019). Net loss: US$17.5m (loss narrowed 81% from FY 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Mar 01Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to stay flat compared to a 5.1% growth forecast for the REITs industry in the US.
Reported Earnings • Feb 13Full year 2020 earnings released: US$0.36 loss per share (vs US$1.90 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$104.6m (down 2.9% from FY 2019). Net loss: US$17.5m (loss narrowed 81% from FY 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 13Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 2.3%, compared to a 2.8% growth forecast for the REITs industry in the US.
Is New 90 Day High Low • Feb 06New 90-day high: US$10.41The company is up 18% from its price of US$8.83 on 06 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$14.33 per share.
分析記事 • Feb 02CatchMark Timber Trust's (NYSE:CTT) Shareholders Are Down 24% On Their SharesMany investors define successful investing as beating the market average over the long term. But if you try your hand...
Is New 90 Day High Low • Dec 16New 90-day high: US$9.97The company is up 7.0% from its price of US$9.32 on 16 September 2020. The American market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$15.10 per share.
分析記事 • Dec 11What Kind Of Shareholders Hold The Majority In CatchMark Timber Trust, Inc.'s (NYSE:CTT) Shares?If you want to know who really controls CatchMark Timber Trust, Inc. ( NYSE:CTT ), then you'll have to look at the...
Upcoming Dividend • Nov 20Upcoming Dividend of US$0.14 Per ShareWill be paid on the 15th of December to those who are registered shareholders by the 27th of November. The trailing yield of 5.6% is in the top quartile of American dividend payers (4.2%), and it is higher than industry peers (3.4%).
Reported Earnings • Nov 03Third quarter 2020 earnings released: US$0.085 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: US$25.0m (down 7.5% from 3Q 2019). Net loss: US$4.15m (loss narrowed 80% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 2.3%, compared to a 1.9% growth forecast for the REITs industry in the US.
Reported Earnings • Oct 31Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$26.4m, with losses narrowing by 78% from the prior year. Total revenue was US$103.4m over the last 12 months, up 1.9% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations.
Analyst Estimate Surprise Post Earnings • Oct 31Third-quarter earnings released: Revenue beats expectations, earnings disappointThird-quarter revenue exceeded analyst estimates by 4.3% at US$24.6m. Earnings per share (EPS) missed analyst estimates by 18% at -US$0.09. Revenue is forecast to grow 2.1% over the next year, compared to a 1.8% growth forecast for the REITs industry in the US.
Is New 90 Day High Low • Oct 20New 90-day low: US$8.25The company is down 15% from its price of US$9.71 on 22 July 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$11.36 per share.
お知らせ • Sep 30CatchMark Timber Trust, Inc. to Report Q3, 2020 Results on Oct 29, 2020CatchMark Timber Trust, Inc. announced that they will report Q3, 2020 results on Oct 29, 2020
お知らせ • Jul 02CatchMark Timber Trust, Inc.(NYSE:CTT) dropped from Russell 2000 Defensive IndexCatchMark Timber Trust, Inc.(NYSE:CTT) dropped from Russell 2000 Defensive Index