CatchMark Timber Trust Inc.
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.
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/1/2022 | $10.00 → $12.00 | Buy → Hold | Stifel |
4/11/2022 | $9.00 → $10.00 | Neutral → Outperform | Robert W. Baird |
10/18/2021 | $12.00 → $9.00 | Sector Perform | RBC Capital |
10/18/2021 | Outperform → Underperform | Raymond James | |
10/15/2021 | Outperform → Underperform | Raymond James | |
10/15/2021 | Buy → Neutral | Citigroup |
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
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.
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
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/ -
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
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
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
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
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
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
CatchMark Timber Trust Inc. Analyst Ratings
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
CatchMark Timber Trust downgraded by Stifel with a new price target
Stifel downgraded CatchMark Timber Trust from Buy to Hold and set a new price target of $12.00 from $10.00 previously
CatchMark Timber Trust upgraded by Robert W. Baird with a new price target
Robert W. Baird upgraded CatchMark Timber Trust from Neutral to Outperform and set a new price target of $10.00 from $9.00 previously
RBC Capital reiterated coverage on CatchMark Timber Trust with a new price target
RBC Capital reiterated coverage of CatchMark Timber Trust with a rating of Sector Perform and set a new price target of $9.00 from $12.00 previously
CatchMark Timber Trust downgraded by Raymond James
Raymond James downgraded CatchMark Timber Trust from Outperform to Underperform
CatchMark Timber Trust downgraded by Raymond James
Raymond James downgraded CatchMark Timber Trust from Outperform to Underperform
CatchMark Timber Trust downgraded by Citigroup
Citigroup downgraded CatchMark Timber Trust from Buy to Neutral
Raymond James reiterated coverage on CatchMark Timber Trust with a new price target
Raymond James reiterated coverage of CatchMark Timber Trust with a rating of Outperform and set a new price target of $13.50 from $11.50 previously
Citigroup reiterated coverage on CatchMark Timber Trust with a new price target
Citigroup reiterated coverage of CatchMark Timber Trust with a rating of Buy and set a new price target of $13.50 from $13.00 previously
Robert W. Baird resumed coverage on CatchMark Timber Trust
Robert W. Baird resumed coverage of CatchMark Timber Trust with a rating of Hold
B. Riley reiterated coverage on CatchMark Timber Trust with a new price target
B. Riley reiterated coverage of CatchMark Timber Trust with a rating of Buy and set a new price target of $12.50 from $11.00 previously
CatchMark Timber Trust Inc. Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
SEC Form 4: Decosmo James M returned 14,874 shares to the company, closing all direct ownership in the company to satisfy tax liability
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Bentsen Tim E returned 8,721 shares to the company, closing all direct ownership in the company (for tax liability)
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Mcbride Mary E was granted 6,654 shares and returned 18,632 shares to the company, closing all direct ownership in the company to satisfy withholding obligation
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Fisher Paul S returned 41,203 shares to the company and was granted 6,654 shares, closing all direct ownership in the company to cover withholding tax
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Rubenstein Douglas returned 56,691 shares to the company and was granted 6,654 shares, closing all direct ownership in the company to satisfy withholding obligation
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Solomon Lesley H was granted 30,435 shares and returned 90,551 shares to the company, closing all direct ownership in the company (tax liability)
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Reitz Todd was granted 36,232 shares and returned 110,404 shares to the company, closing all direct ownership in the company to satisfy withholding tax
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Godoy-Arbelaez Ursula returned 105,881 shares to the company and was granted 28,985 shares, closing all direct ownership in the company (for tax liability)
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Davis Brian M returned 261,271 shares to the company and was granted 57,971 shares, closing all direct ownership in the company to satisfy withholding tax
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
SEC Form 4: Solomon Lesley H covered exercise/tax liability with 1,816 shares, decreasing direct ownership by 3% to 60,116 units (tax liability)
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
CatchMark Timber Trust Inc. SEC Filings
SEC Form 15-12G filed by CatchMark Timber Trust Inc.
15-12G - CatchMark Timber Trust, Inc. (0001341141) (Filer)
SEC Form EFFECT filed by CatchMark Timber Trust Inc.
EFFECT - CatchMark Timber Trust, Inc. (0001341141) (Filer)
SEC Form S-8 POS filed by CatchMark Timber Trust Inc.
S-8 POS - CatchMark Timber Trust, Inc. (0001341141) (Filer)
SEC Form S-8 POS filed by CatchMark Timber Trust Inc.
S-8 POS - CatchMark Timber Trust, Inc. (0001341141) (Filer)
SEC Form POS AM filed by CatchMark Timber Trust Inc.
POS AM - CatchMark Timber Trust, Inc. (0001341141) (Filer)
SEC Form 25-NSE filed by CatchMark Timber Trust Inc.
25-NSE - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form 425 filed by CatchMark Timber Trust Inc.
425 - CatchMark Timber Trust, Inc. (0001341141) (Subject)
CatchMark Timber Trust Inc. filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Material Modification to Rights of Security Holders, Changes in Control of Registrant, Leadership Update, Financial Statements and Exhibits
8-K - CatchMark Timber Trust, Inc. (0001341141) (Filer)
SEC Form 425 filed by CatchMark Timber Trust Inc.
425 - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form 425 filed by CatchMark Timber Trust Inc.
425 - CatchMark Timber Trust, Inc. (0001341141) (Filed by)
CatchMark Timber Trust Inc. Financials
Live finance-specific insights
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
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/ -
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
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
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
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
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
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
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
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.
CatchMark Timber Trust Inc. Large Ownership Changes
This live feed shows all institutional transactions in real time.
SEC Form SC 13G/A filed by CatchMark Timber Trust Inc. (Amendment)
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G/A filed by CatchMark Timber Trust Inc. (Amendment)
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G/A filed by CatchMark Timber Trust Inc. (Amendment)
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G filed by CatchMark Timber Trust Inc.
SC 13G - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G filed by CatchMark Timber Trust Inc.
SC 13G - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G/A filed by CatchMark Timber Trust Inc. (Amendment)
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G/A filed by CatchMark Timber Trust Inc. (Amendment)
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G filed
SC 13G - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G/A filed
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SEC Form SC 13G filed
SC 13G - CatchMark Timber Trust, Inc. (0001341141) (Subject)