CatchMark Timber Trust Inc.

$CTT
Real Estate Investment Trusts
Real Estate

CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.5 million acres* of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina and Texas.

IPO Year: 2013

Exchange: NYSE

Website: catchmark.com

Recent Analyst Ratings for CatchMark Timber Trust Inc.

DatePrice TargetRatingAnalyst
6/1/2022$10.00 → $12.00Buy → Hold
Stifel
4/11/2022$9.00 → $10.00Neutral → Outperform
Robert W. Baird
10/18/2021$12.00 → $9.00Sector Perform
RBC Capital
10/18/2021Outperform → Underperform
Raymond James
10/15/2021Outperform → Underperform
Raymond James
10/15/2021Buy → Neutral
Citigroup
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CatchMark Timber Trust Inc. Press Releases

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  • PotlatchDeltic Announces Tax Treatment for CatchMark's 2022 Dividend Distributions

    PotlatchDeltic Corporation (NASDAQ:PCH) announced today the tax treatment for CatchMark Timber Trust, Inc.'s (NYSE:CTT) dividend distributions made in 2022 on CatchMark's Common Stock (CUSIP# 14912Y202). In 2022, CatchMark paid a total of $0.15 per share in cash dividends prior to completing its merger with PotlatchDeltic Corporation on September 14, 2022. The following table summarizes the income tax treatment of the company's 2022 dividends. 2022 Dividend Tax Reporting Information (Form 1099-DIV) Record Date Payable Date Distribution Per Share Non-Dividend Distribution 02/28/2022 03/15/2022 $0.075 $0.075 05/31/2022 06/15/2022 $0.075 $0.075  

    $PCH
    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Timber Trust, Inc. Stockholders Approve Merger with PotlatchDeltic Corporation

    ATLANTA, Sept. 13, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) ("CatchMark" or the "Company") announced that, at the special meeting of stockholders (the "Special Meeting") held today, its stockholders approved the merger of CatchMark with and into a wholly owned subsidiary of PotlatchDeltic Corporation (NASDAQ:PCH) ("PotlatchDeltic"), pursuant to the terms of the Agreement and Plan of Merger, dated as of May 29, 2022 (the "Merger Agreement"). CatchMark will provide final vote results for the Special Meeting, as certified by the independent Inspector of Election, on a Form 8-K to be filed with the U.S. Securities and Exchange Commission.

    $CTT
    $PCH
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Timber Trust Announces Proxy Advisory Firms Glass Lewis and ISS Recommend Stockholders Vote "FOR" Proposed Merger of CatchMark with PotlatchDeltic Corporation

    ATLANTA, Sept. 6, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) ("CatchMark" or the "Company") announced today that independent proxy advisory firms Glass, Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services Inc. ("ISS") have recommended that the Company's stockholders vote "FOR" the previously announced merger of the Company with PotlatchDeltic Corporation (NASDAQ:PCH) ("PotlatchDeltic") at the Company's upcoming Special Meeting of Stockholders (the "Special Meeting") scheduled for September 13, 2022 at 10:00 a.m., Eastern Time. As previously ann

    $CTT
    $PCH
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Announces Second Quarter 2022 Results

    Recognized a net loss of $4.6 million, resulting primarily from fees and expenses related to the pending merger with PotlatchDeltic Corporation.Produced Adjusted EBITDA of $13.7 million and $24.6 million in total revenues.Captured blended net timber sales pricing 10% higher year over year driven by a 21% increase in sawtimber pricing.Continued to generate significant premiums over TimberMart-South South-wide pricing averages as a result of prime timberlands located in strong local markets.Generated $8.8 million in timberland sales, accelerating timing of full-year plan.Acquired 1,300 acres of prime timberlands located in southeast Alabama for $2.2 million.ATLANTA, Aug. 4, 2022 /PRNewswire/ -

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Scheduled to Release Second Quarter 2022 Earnings on August 4, 2022

    ATLANTA, July 8, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) will release its second quarter 2022 earnings on Thursday, August 4, 2022, following the market close.   About CatchMark CatchMark (NYSE:CTT) invests in prime timberlands located in the nation's leading mill markets, seeking to capture the highest value per acre and to generate sustainable yields through disciplined management and superior stewardship of its exceptional resources. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 20

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • Georgia Gov. Kemp Honors CatchMark as 2022 Forestry for Wildlife Partner

    ATLANTA, June 10, 2022 /PRNewswire/ -- Georgia Gov. Brian Kemp honored Atlanta-based CatchMark Timber Trust, Inc. (NYSE:CTT) earlier this month as a 2022 partner in the state's Forestry for Wildlife Partnership, a program administered by the Georgia Department of Natural Resources' Wildlife Resources Division (DNR). Gov. Kemp recognized CatchMark for its "stewardship and land management practices benefiting wildlife across Georgia." See press release from the Georgia Department of Natural Resources here. Administered by the Georgia Department of Natural Resources' Wildlife Res

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • PotlatchDeltic and CatchMark to Combine to Create a Leading Integrated Timber REIT

    Combined Company Will Have Approximately 2.2 Million Acres of Diversified High-Quality Timberlands Will Remain the Timber REIT with the Most Leverage to Lumber Prices Creates Opportunities to Leverage Attractive Real Estate Portfolio Compelling Synergies Expected to Drive Approximately $16 Million Increase in Pro Forma Cash Available for Distribution by End of First Year Transaction Expected to Close in Second Half of 2022 Companies to Host Conference Call and Webcast Today at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time PotlatchDeltic Corporation (NASDAQ:PCH) ("PotlatchDeltic") and CatchMark Timber Trust, Inc. (NYSE:CTT) ("CatchMark") today announced that they have entered into a

    $CTT
    $PCH
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Scheduled to Release First Quarter 2022 Earnings on May 5, 2022

    ATLANTA, April 8, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) will release its first quarter 2022 earnings on Thursday, May 5, 2022, following the market close.  The company will host a conference call and live webcast at 10 a.m. ET on Friday, May 6, 2022 to discuss these results. Investors may listen to the conference call by dialing 1-888-347-1165 for U.S/Canada and 1-412-317-6011 for international callers.  Participants should ask to be joined into the CatchMark call. Access to the live webcast is also available at www.catchmark.com or here.  A replay of th

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark CEO Brian Davis to Present at Citi's 2022 Global Property CEO Conference

    ATLANTA, March 2, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) announced today that Brian M. Davis, Chief Executive Officer, will be presenting at Citi's 2022 Global Property CEO Conference on Tuesday, March 8, 2022 at 9:00 am ET. The presentation will be available via the Investor Relations section of CatchMark's website at www.catchmark.com. About CatchMarkCatchMark (NYSE:CTT) invests in prime timberlands located in the nation's leading mill markets, seeking to capture the highest value per acre and to generate sustainable yields through disciplined manageme

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Reports Fourth Quarter and Full-Year 2021 Results, Declares Dividend, and Provides 2022 Guidance

    ATLANTA, Feb. 10, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) today reported fourth quarter and full-year 2021 results. The company also declared a cash dividend of $0.075 per share for its common stockholders of record as of February 28, 2022, payable on March 15, 2022. Brian M. Davis, CatchMark's Chief Executive Officer, said: "CatchMark exceeded our 2021 guidance for net income and met our 2021 guidance for Adjusted EBITDA, continuing our long track record of achieving timber sales prices substantially above market averages, while maintaining the highest pr

    $CTT
    Real Estate Investment Trusts
    Real Estate

CatchMark Timber Trust Inc. Analyst Ratings

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CatchMark Timber Trust Inc. Insider Trading

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CatchMark Timber Trust Inc. SEC Filings

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CatchMark Timber Trust Inc. Financials

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  • PotlatchDeltic Announces Tax Treatment for CatchMark's 2022 Dividend Distributions

    PotlatchDeltic Corporation (NASDAQ:PCH) announced today the tax treatment for CatchMark Timber Trust, Inc.'s (NYSE:CTT) dividend distributions made in 2022 on CatchMark's Common Stock (CUSIP# 14912Y202). In 2022, CatchMark paid a total of $0.15 per share in cash dividends prior to completing its merger with PotlatchDeltic Corporation on September 14, 2022. The following table summarizes the income tax treatment of the company's 2022 dividends. 2022 Dividend Tax Reporting Information (Form 1099-DIV) Record Date Payable Date Distribution Per Share Non-Dividend Distribution 02/28/2022 03/15/2022 $0.075 $0.075 05/31/2022 06/15/2022 $0.075 $0.075  

    $PCH
    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Announces Second Quarter 2022 Results

    Recognized a net loss of $4.6 million, resulting primarily from fees and expenses related to the pending merger with PotlatchDeltic Corporation.Produced Adjusted EBITDA of $13.7 million and $24.6 million in total revenues.Captured blended net timber sales pricing 10% higher year over year driven by a 21% increase in sawtimber pricing.Continued to generate significant premiums over TimberMart-South South-wide pricing averages as a result of prime timberlands located in strong local markets.Generated $8.8 million in timberland sales, accelerating timing of full-year plan.Acquired 1,300 acres of prime timberlands located in southeast Alabama for $2.2 million.ATLANTA, Aug. 4, 2022 /PRNewswire/ -

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Scheduled to Release Second Quarter 2022 Earnings on August 4, 2022

    ATLANTA, July 8, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) will release its second quarter 2022 earnings on Thursday, August 4, 2022, following the market close.   About CatchMark CatchMark (NYSE:CTT) invests in prime timberlands located in the nation's leading mill markets, seeking to capture the highest value per acre and to generate sustainable yields through disciplined management and superior stewardship of its exceptional resources. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 20

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • PotlatchDeltic and CatchMark to Combine to Create a Leading Integrated Timber REIT

    Combined Company Will Have Approximately 2.2 Million Acres of Diversified High-Quality Timberlands Will Remain the Timber REIT with the Most Leverage to Lumber Prices Creates Opportunities to Leverage Attractive Real Estate Portfolio Compelling Synergies Expected to Drive Approximately $16 Million Increase in Pro Forma Cash Available for Distribution by End of First Year Transaction Expected to Close in Second Half of 2022 Companies to Host Conference Call and Webcast Today at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time PotlatchDeltic Corporation (NASDAQ:PCH) ("PotlatchDeltic") and CatchMark Timber Trust, Inc. (NYSE:CTT) ("CatchMark") today announced that they have entered into a

    $CTT
    $PCH
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Scheduled to Release First Quarter 2022 Earnings on May 5, 2022

    ATLANTA, April 8, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) will release its first quarter 2022 earnings on Thursday, May 5, 2022, following the market close.  The company will host a conference call and live webcast at 10 a.m. ET on Friday, May 6, 2022 to discuss these results. Investors may listen to the conference call by dialing 1-888-347-1165 for U.S/Canada and 1-412-317-6011 for international callers.  Participants should ask to be joined into the CatchMark call. Access to the live webcast is also available at www.catchmark.com or here.  A replay of th

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Reports Fourth Quarter and Full-Year 2021 Results, Declares Dividend, and Provides 2022 Guidance

    ATLANTA, Feb. 10, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) today reported fourth quarter and full-year 2021 results. The company also declared a cash dividend of $0.075 per share for its common stockholders of record as of February 28, 2022, payable on March 15, 2022. Brian M. Davis, CatchMark's Chief Executive Officer, said: "CatchMark exceeded our 2021 guidance for net income and met our 2021 guidance for Adjusted EBITDA, continuing our long track record of achieving timber sales prices substantially above market averages, while maintaining the highest pr

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Announces Tax Treatment of 2021 Dividend Distributions

    ATLANTA, Jan. 18, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) announced today the tax treatment of dividend distributions made in 2021 on the company's common stock.  In 2021, CatchMark paid a total of $0.48 per share in cash dividends. The following table summarizes the income tax treatment of the company's 2021 dividends. 2021 Dividend Tax Reporting Information (Form 1099-DIV) Record Date Payment Date Cash Distribution Per Share Capital Gain Distribution Per Share Non-dividend Distribution Per Share(Return of Capital) 02/26/2021 03/15/2021 $0.135 $0.00 $0.13

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • CatchMark Scheduled to Release Fourth Quarter 2021 Earnings on February 10, 2022

    ATLANTA, Jan. 13, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) will release its fourth quarter 2021 earnings on Thursday, February 10, 2022, following the market close. The company will host a conference call and live webcast at 10 a.m. ET on Friday, February 11, 2022 to discuss these results. Investors may listen to the conference call by dialing 1-888-347-1165 for U.S/Canada and 1-412-902-4276 for international callers. Participants should ask to be joined into the CatchMark call. Access to the live webcast is also available at www.catchmark.com or here. A re

    $CTT
    Real Estate Investment Trusts
    Real Estate
  • KBW Announces Index Rebalancing for Fourth-Quarter 2021

    NEW YORK, Dec. 10, 2021 (GLOBE NEWSWIRE) --  Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2021. This quarter, there are constituent changes within five of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX), the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY) and

    $ABR
    $ACC
    $ACRE
    $ADS
    Real Estate Investment Trusts
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    Diversified Financial Services
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  • CatchMark Announces Third Quarter 2021 Results

    ATLANTA, Nov. 4, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) today reported third quarter 2021 results. Brian M. Davis, CatchMark's President and CEO, said: "CatchMark expects to exceed full-year 2021 net income guidance and is on track to generate Adjusted EBITDA at the top-end of full-year guidance. Once again, we achieved solid quarterly operating results highlighted by significantly higher year-over-year timber sales pricing for both pulpwood and sawtimber, which continues to hold premiums over market averages in our premier U.S. South timberland markets.

    $CTT
    Real Estate Investment Trusts
    Real Estate

CatchMark Timber Trust Inc. Large Ownership Changes

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