CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). More Details
Worrying balance sheet not a dividend payer.
Share Price & News
How has CIM Commercial Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMCT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CMCT underperformed the US REITs industry which returned -14.2% over the past year.
Return vs Market: CMCT underperformed the US Market which returned 18.3% over the past year.
Price Volatility Vs. Market
How volatile is CIM Commercial Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StCIM Commercial Trust (NASDAQ:CMCT) Shares Have Generated A Total Return Of Negative 37% In The Last Five Years
1 month ago | Simply Wall StIs CIM Commercial Trust Corporation (NASDAQ:CMCT) Popular Amongst Institutions?
2 months ago | Simply Wall StHave Insiders Been Buying CIM Commercial Trust Corporation (NASDAQ:CMCT) Shares?
Is CIM Commercial Trust undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CMCT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CMCT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CMCT is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: CMCT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CMCT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CMCT is overvalued based on its PB Ratio (2.8x) compared to the US REITs industry average (1.4x).
How is CIM Commercial Trust forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMCT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CMCT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CMCT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CMCT's revenue (5.7% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: CMCT's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CMCT's Return on Equity is forecast to be high in 3 years time
How has CIM Commercial Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMCT is currently unprofitable.
Growing Profit Margin: CMCT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CMCT is unprofitable, but has reduced losses over the past 5 years at a rate of 23% per year.
Accelerating Growth: Unable to compare CMCT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CMCT is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (5.1%).
Return on Equity
High ROE: CMCT has a negative Return on Equity (-1.22%), as it is currently unprofitable.
How is CIM Commercial Trust's financial position?
Financial Position Analysis
Short Term Liabilities: CMCT's short term assets ($187.0M) exceed its short term liabilities ($15.1M).
Long Term Liabilities: CMCT's short term assets ($187.0M) do not cover its long term liabilities ($387.0M).
Debt to Equity History and Analysis
Debt Level: CMCT's debt to equity ratio (114.6%) is considered high.
Reducing Debt: CMCT's debt to equity ratio has increased from 48.9% to 114.6% over the past 5 years.
Debt Coverage: CMCT's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: CMCT is unprofitable, therefore interest payments are not well covered by earnings.
What is CIM Commercial Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMCT's dividend (3.78%) is higher than the bottom 25% of dividend payers in the US market (1.63%).
High Dividend: CMCT's dividend (3.78%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Stability and Growth of Payments
Stable Dividend: CMCT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CMCT has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: CMCT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Thompson (56 yo)
Mr. David A. Thompson, CPA serves as Director at SkyPower Limited since 2019. He has been Chief Executive Officer of CIM Commercial Trust Corporation (a/k/a, PMC Commercial Trust) since March 29, 2019 and ...
|Chief Executive Officer||1.58yrs||no data||0.051% |
|Chief Financial Officer||1.58yrs||no data||0.020% |
|Managing Director of Investments||3.17yrs||no data||no data|
|Executive VP of Finance & Accounting||6.58yrs||US$572.22k||no data|
|VP, Equity Capital Markets||no data||no data||no data|
|MD & Chief Legal Officer||2.33yrs||no data||no data|
|Managing Director of Capital Markets||3.17yrs||no data||no data|
|MD of Partner & Co-Investor Relations and Product Management||2.33yrs||no data||no data|
|Principal of Development - CIM Group||no data||no data||no data|
|Principal of Investor Relations - CIM Group||no data||no data||no data|
|Managing Director of Investments - CIM Group||3yrs||no data||no data|
|Principal of Asset Management - CIM Group.||2.42yrs||no data||no data|
Experienced Management: CMCT's management team is considered experienced (2.4 years average tenure).
|Independent Director||6.58yrs||US$128.36k||0.075% |
|Chairman of the Board||6.58yrs||no data||0.069% |
|Independent Director||6.58yrs||US$108.36k||0.086% |
|Director||6.58yrs||no data||0.035% |
|Director||6.58yrs||no data||0.035% |
|Independent Director||6.58yrs||US$98.77k||0.12% |
|Independent Director||6.58yrs||US$108.36k||0.088% |
Experienced Board: CMCT's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CIM Commercial Trust Corporation's company bio, employee growth, exchange listings and data sources
- Name: CIM Commercial Trust Corporation
- Ticker: CMCT
- Exchange: NasdaqGM
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: US$117.730m
- Shares outstanding: 14.83m
- Website: https://www.cimcommercial.com
Number of Employees
- CIM Commercial Trust Corporation
- 17950 Preston Road
- Suite 600
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CMCT||NasdaqGM (Nasdaq Global Market)||Yes||Common Shares||US||USD||Mar 2014|
|WY52||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2014|
|CMCT||TASE (The Tel-Aviv Stock Exchange)||Yes||Common Shares||IL||ILS||Mar 2014|
|CMCT.P||NasdaqGM (Nasdaq Global Market)||PFD SER L||US||USD||Nov 2017|
|CMCTP||TASE (The Tel-Aviv Stock Exchange)||PFD SER L||IL||ILS||Nov 2017|
CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United State ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/23 23:51|
|End of Day Share Price||2020/10/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.