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NASDAQ:CMCT

Creative Media & Community Trust Co. (CMCT) Stock Price, News & Analysis

Creative Media & Community Trust Co. logo
$0.27 +0.02 (+8.00%)
(As of 11/29/2024 ET)

About Creative Media & Community Trust Co. Stock (NASDAQ:CMCT)

Key Stats

Today's Range
$0.26
$0.28
50-Day Range
$0.22
$1.97
52-Week Range
$0.21
$4.40
Volume
542,639 shs
Average Volume
738,862 shs
Market Capitalization
$23.41 million
P/E Ratio
N/A
Dividend Yield
59.26%
Price Target
$4.00
Consensus Rating
Hold

Company Overview

Creative Media & Community Trust Corporation (the Company), is a Maryland corporation and real estate investment trust (REIT). The Company primarily acquires, develops, owns and operates both premier multifamily properties situated in vibrant communities throughout the United States and Class A and creative office real assets in markets with similar business and employment characteristics to its multifamily investments. The Company also owns one hotel in northern California and a lending platform that originates loans under the Small Business Administration (SBA) 7(a) loan program. The Company seeks to apply the expertise of CIM Group Management, LLC and its affiliates (collectively, CIM Group) to the acquisition, development and operation of premier multifamily properties and creative office assets that cater to rapidly growing industries such as technology, media and entertainment in vibrant and emerging communities throughout the United States.

Creative Media & Community Trust Co. Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
67th Percentile Overall Score

CMCT MarketRank™: 

Creative Media & Community Trust Co. scored higher than 67% of companies evaluated by MarketBeat, and ranked 426th out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Creative Media & Community Trust Co. are expected to decrease in the coming year, from ($1.22) to ($1.36) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Creative Media & Community Trust Co. is -0.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Creative Media & Community Trust Co. is -0.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Creative Media & Community Trust Co. has a P/B Ratio of 27.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Creative Media & Community Trust Co.'s valuation and earnings.
  • Percentage of Shares Shorted

    0.07% of the outstanding shares of Creative Media & Community Trust Co. have been sold short.
  • Short Interest Ratio / Days to Cover

    Creative Media & Community Trust Co. has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Creative Media & Community Trust Co. has recently decreased by 41.35%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Creative Media & Community Trust Co. is a leading dividend payer. It pays a dividend yield of 59.68%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Creative Media & Community Trust Co. does not have a long track record of dividend growth.

  • Read more about Creative Media & Community Trust Co.'s dividend.
  • Percentage of Shares Shorted

    0.07% of the outstanding shares of Creative Media & Community Trust Co. have been sold short.
  • Short Interest Ratio / Days to Cover

    Creative Media & Community Trust Co. has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Creative Media & Community Trust Co. has recently decreased by 41.35%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Creative Media & Community Trust Co. has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Creative Media & Community Trust Co. this week, compared to 0 articles on an average week.
  • Search Interest

    Only 2 people have searched for CMCT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Creative Media & Community Trust Co. to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Creative Media & Community Trust Co. insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    45.69% of the stock of Creative Media & Community Trust Co. is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 28.34% of the stock of Creative Media & Community Trust Co. is held by institutions.

  • Read more about Creative Media & Community Trust Co.'s insider trading history.
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CMCT Stock News Headlines

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CMCT Stock Analysis - Frequently Asked Questions

Creative Media & Community Trust Co.'s stock was trading at $3.69 at the start of the year. Since then, CMCT shares have decreased by 92.7% and is now trading at $0.27.
View the best growth stocks for 2024 here
.

Creative Media & Community Trust Co. (NASDAQ:CMCT) released its quarterly earnings results on Friday, November, 8th. The real estate investment trust reported ($1.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.36) by $0.86. The real estate investment trust had revenue of $28.62 million for the quarter.

Creative Media & Community Trust Co.'s stock reverse split on Tuesday, September 3rd 2019. The 1-3 reverse split was announced on Thursday, August 8th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, August 30th 2019. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Creative Media & Community Trust Co.'s top institutional shareholders include Cerity Partners LLC (12.22%), Arkadios Wealth Advisors (4.79%), PFG Investments LLC (2.32%) and Sequoia Financial Advisors LLC (0.58%). Insiders that own company stock include Shaul Kuba, Richard S Ressler, Avraham Shemesh, Cim Capital Real Property Mana and Marcie L Edwards.
View institutional ownership trends
.

Shares of CMCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Creative Media & Community Trust Co. investors own include Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Ex-Dividend for 10/8 Dividend
9/25/2024
Dividend Payable
10/08/2024
Last Earnings
11/08/2024
Today
12/01/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/26/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Current Symbol
NASDAQ:CMCT
Employees
5
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+1,381.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-48,490,000.00
Pretax Margin
-18.47%

Debt

Sales & Book Value

Annual Sales
$126.52 million
Cash Flow
$0.28 per share
Book Value
$0.01 per share

Miscellaneous

Free Float
47,081,000
Market Cap
$23.41 million
Optionable
Optionable
Beta
0.56
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This page (NASDAQ:CMCT) was last updated on 12/1/2024 by MarketBeat.com Staff
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