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 향후 성장Future 기준 점검 0/6핵심 정보-111.8%이익 성장률-106.65%EPS 성장률REITs 이익 성장12.0%매출 성장률0.7%향후 자기자본이익률0.23%애널리스트 커버리지Low마지막 업데이트n/a최근 향후 성장 업데이트Major 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.모든 업데이트 보기Recent 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.분석 기사 • 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.분석 기사 • 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.공시 • 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, 2020공시 • Jul 02CatchMark Timber Trust, Inc.(NYSE:CTT) dropped from Russell 2000 Defensive IndexCatchMark Timber Trust, Inc.(NYSE:CTT) dropped from Russell 2000 Defensive Index이익 및 매출 성장 예측NYSE:CTT - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202494N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CTT 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -111.8%).수익 vs 시장: CTT 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -111.8%).고성장 수익: CTT 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: CTT 의 수익(연간 0.7%)이 US 시장(연간 11.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: CTT 의 수익(연간 0.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: CTT의 자본 수익률은 3년 후 0.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2022/09/14 04:42종가2022/09/14 00:00수익2022/06/30연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스CatchMark Timber Trust, Inc.는 6명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David RodgersBairdCraig KuceraB. Riley Securities, Inc.Anthony PettinariCitigroup Inc3명의 분석가 더 보기
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.
분석 기사 • 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.
분석 기사 • 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.
공시 • 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
공시 • Jul 02CatchMark Timber Trust, Inc.(NYSE:CTT) dropped from Russell 2000 Defensive IndexCatchMark Timber Trust, Inc.(NYSE:CTT) dropped from Russell 2000 Defensive Index