$-0.12 EPS Expected for Catchmark Timber Trust Inc (CTT)

October 8, 2017 - By Marie Mckinney

 $ 0.12 EPS Expected for Catchmark Timber Trust Inc (CTT)
Investors sentiment decreased to 1.37 in Q2 2017. Its down 0.46, from 1.83 in 2017Q1. It is negative, as 13 investors sold Catchmark Timber Trust Inc shares while 28 reduced holdings. 12 funds opened positions while 44 raised stakes. 26.33 million shares or 4.44% more from 25.21 million shares in 2017Q1 were reported.
432,485 were reported by Raymond James Associate. Tudor Inv Et Al holds 0.01% of its portfolio in Catchmark Timber Trust Inc (NYSE:CTT) for 16,051 shares. 31,562 are held by Cambridge Advisors. North Star Mgmt Corp owns 70,900 shares. Jupiter Asset has 0.15% invested in Catchmark Timber Trust Inc (NYSE:CTT). Northern Trust stated it has 0% of its portfolio in Catchmark Timber Trust Inc (NYSE:CTT). Gruss Capital Limited Partnership has invested 0.06% in Catchmark Timber Trust Inc (NYSE:CTT). Cna Fincl holds 13,960 shares. Credit Suisse Ag invested in 0% or 35,703 shares. 543,081 were reported by Retail Bank Of America De. Swiss Commercial Bank has invested 0% in Catchmark Timber Trust Inc (NYSE:CTT). Susquehanna Grp Incorporated Llp reported 0% of its portfolio in Catchmark Timber Trust Inc (NYSE:CTT). Manning And Napier Advsrs Lc owns 471,926 shares. 802,831 were accumulated by State Street. 4,405 are held by Bnp Paribas Arbitrage.

Wall Street await Catchmark Timber Trust Inc (NYSE:CTT) to release earnings on November, 2. Analysts forecast earnings per share of $-0.12, down exactly $0.05 or 71.43 % from 2014’s $-0.07 EPS. After posting $-0.06 EPS for the previous quarter, Catchmark Timber Trust Inc’s analysts now forecast 100.00 % negative EPS growth. The stock decreased 0.16% or $0.02 on October 6, reaching $12.78. About 60,946 shares traded. Catchmark Timber Trust Inc (NYSE:CTT) has risen 8.20% since October 8, 2016 and is uptrending. It has underperformed by 8.50% the S&P500.

Catchmark Timber Trust Inc (NYSE:CTT) Ratings Coverage

Among 2 analysts covering CatchMark Timber Trust (NYSE:CTT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CatchMark Timber Trust had 3 analyst reports since March 9, 2016 according to SRatingsIntel. Stifel Nicolaus maintained Catchmark Timber Trust Inc (NYSE:CTT) rating on Friday, May 6. Stifel Nicolaus has “Buy” rating and $13 target. The company was maintained on Thursday, August 3 by Stifel Nicolaus. The rating was maintained by Robert W. Baird on Wednesday, March 9 with “Outperform”.

CatchMark Timber Trust, Inc. is a self-administered and self-managed real estate firm investing in timberlands. The company has market cap of $495.77 million. The Firm is engaged in the ownership, management, acquisition and disposition of timberland properties located in the United States. It currently has negative earnings. The Firm conducts all of its business through CatchMark Timber Operating Partnership, L.P.

More notable recent Catchmark Timber Trust Inc (NYSE:CTT) news were published by: Prnewswire.com which released: “CatchMark Agrees to $102 Million Acquisition of Prime South Carolina Timberlands” on May 05, 2016, also Seekingalpha.com with their article: “CatchMark Timber Trust’s (CTT) CEO Jerry Barag on Q1 2017 Results - Earnings …” published on May 05, 2017, Seekingalpha.com published: “CatchMark Timber Trust Is Poised To Profit” on September 30, 2015. More interesting news about Catchmark Timber Trust Inc (NYSE:CTT) were released by: Seekingalpha.com and their article: “CatchMark Timber Trust’s (CTT) CEO Jerry Barag on Q2 2017 Results - Earnings …” published on August 04, 2017 as well as Zacks.com‘s news article titled: “Why CatchMark Timber Trust (CTT) Stock Might be a Great Pick November 22, 2016” with publication date: November 22, 2016.

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