CatchMark Timber Trust, Inc.

NYSE:CTT Stock Report

Market Cap: US$511.0m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

CatchMark Timber Trust Management

Management criteria checks 4/4

Key information

Brian Davis

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage25.16%
CEO tenure3.4yrs
CEO ownership0.5%
Management average tenure4.6yrs
Board average tenure3.6yrs

Recent management updates

No updates

Recent updates

Seeking Alpha • May 31

PotlatchDeltic Buying CatchMark: What You Need To Know

We 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.
Seeking Alpha • May 09

CatchMark Timber: Recovering From A Gut Punch

CatchMark 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.
Seeking Alpha • Jan 10

CatchMark Becomes An Inflation Play

When 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.
Seeking Alpha • Oct 19

Timber! CatchMark Still Risky After 25% Drop

Dividend 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.
Seeking Alpha • Jul 09

CatchMark Timber Trust Looks Fairly Valued

CatchMark 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.
Analysis Article • Feb 02

CatchMark Timber Trust's (NYSE:CTT) Shareholders Are Down 24% On Their Shares

Many investors define successful investing as beating the market average over the long term. But if you try your hand...
Analysis Article • Dec 11

What 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...

CEO Compensation Analysis

How has Brian Davis's remuneration changed compared to CatchMark Timber Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2022n/an/a

US$56m

Mar 31 2022n/an/a

US$62m

Dec 31 2021US$2mUS$515k

US$58m

Sep 30 2021n/an/a

US$22m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

-US$14m

Dec 31 2020US$2mUS$500k

-US$18m

Sep 30 2020n/an/a

-US$26m

Jun 30 2020n/an/a

-US$43m

Mar 31 2020n/an/a

-US$67m

Dec 31 2019US$1mUS$412k

-US$93m

Sep 30 2019n/an/a

-US$120m

Jun 30 2019n/an/a

-US$178m

Mar 31 2019n/an/a

-US$149m

Dec 31 2018US$1mUS$372k

-US$122m

Sep 30 2018n/an/a

-US$89m

Jun 30 2018n/an/a

-US$14m

Mar 31 2018n/an/a

-US$15m

Dec 31 2017US$886kUS$361k

-US$14m

Sep 30 2017n/an/a

-US$13m

Jun 30 2017n/an/a

-US$12m

Mar 31 2017n/an/a

-US$12m

Dec 31 2016US$1mUS$350k

-US$11m

Sep 30 2016n/an/a

-US$9m

Jun 30 2016n/an/a

-US$8m

Mar 31 2016n/an/a

-US$8m

Dec 31 2015US$818kUS$315k

-US$8m

Compensation vs Market: Brian's total compensation ($USD2.05M) is about average for companies of similar size in the US market ($USD2.67M).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.

CEO

Brian Davis (53 yo)

3.4yrs
Tenure
US$2,047,204
Compensation

Mr. Brian M. Davis has been President of CatchMark Timber Trust, Inc. since April 04, 2019 and is its Chief Executive Officer since January 21, 2020. He was Chief Financial Officer of CatchMark Timber Trus...

Leadership Team

NamePositionTenureCompensationOwnership
Brian Davis
CEO, President & Director3.4yrsUS$2.05m0.53%
$ 2.7m
Ursula Godoy-Arbelaez
CFO, Senior VP & Treasurer4.6yrsUS$829.45k0.21%
$ 1.1m
Lesley Solomon
General Counsel & Corporate Secretary4yrsUS$908.16k0.18%
$ 939.0k
Todd Reitz
Chief Resources Officer & Senior VP5.5yrsUS$1.13m0.22%
$ 1.1m
Glen Smith
Chief Accounting Office 4.7yrsno datano data
John Capriotti
Vice President of Acquisitions8.8yrsno datano data
John Rasor
President of Triple T Timberlands4.3yrsUS$890.60kno data
4.6yrs
Average Tenure
51yo
Average Age

Experienced Management: CTT's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Brian Davis
CEO, President & Director2.7yrsUS$2.05m0.53%
$ 2.7m
Paul Fisher
Independent Director6.7yrsUS$130.00k0.070%
$ 358.3k
Mary McBride
Independent Director4.6yrsUS$136.00k0.024%
$ 124.2k
James DeCosmo
Independent Director2.4yrsUS$130.00k0.030%
$ 154.3k
Douglas Rubenstein
Independent Chairman of the Board8.8yrsUS$176.00k0.10%
$ 518.9k
Tim Bentsen
Independent Director2.4yrsUS$138.50k0.018%
$ 90.4k
3.6yrs
Average Tenure
64.5yo
Average Age

Experienced Board: CTT's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/09/14 08:15
End of Day Share Price 2022/09/14 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CatchMark Timber Trust, Inc. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RodgersBaird
Craig KuceraB. Riley Securities, Inc.
Anthony PettinariCitigroup Inc