Date | Price Target | Rating | Analyst |
---|---|---|---|
4/11/2024 | $4.00 | Neutral | B. Riley Securities |
9/29/2022 | $9.00 | Buy | Edward Jones |
10/20/2021 | $13.00 | Buy | B. Riley Securities |
Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three months ended June 30, 2024. Second Quarter 2024 Highlights Real Estate Portfolio Same-store office portfolio(2) was 83.5% leased. Executed 52,346 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $9.7 million, or $0.43 per diluted share. Funds from operations attributable to common stockholders ("FFO")(3)1 was $(3.3) million, or $(0.14) per diluted share. Core FFO attributable to common stockholders(4)1 was $(2.1) million, or $(0.09) per dil
Creative Media & Community Trust (NASDAQ:CMCT, TASE: CMCT))) ("CMCT") announced today that it will report its second quarter 2024 earnings results on Thursday, August 8, 2024 before the opening of the stock market. A conference call is scheduled for 12:00 p.m. Eastern Time later that day to discuss CMCT's financial results and business. The call will be hosted by Chief Executive Officer David Thompson, Chief Financial Officer Barry Berlin, and Portfolio Oversight Steve Altebrando. Interested parties can listen to the call via the following: WEBCAST: Go to www.creativemediacommunity.com and select the "Investors" tab at least 15 minutes prior to the start time of the call to
CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the third quarter of 2024. The dividend amount, the record date and the payment date are as follows: Monthly Dividend Amount (per share) Record Date Payment Date Series A Preferred Stock ($0.34375 per share for the quarter) $0.114583 August 5, 2024 September 5,2024 October 5, 2024 August 15, 2024 September 16, 2024 October 15, 2024 Series A1 Preferred Stock ($0.489375 per share for the quarter)* $0.163125 Series D Preferred S
424B3 - Creative Media & Community Trust Corp (0000908311) (Filer)
10-Q - Creative Media & Community Trust Corp (0000908311) (Filer)
8-K - Creative Media & Community Trust Corp (0000908311) (Filer)
4 - Creative Media & Community Trust Corp (0000908311) (Issuer)
4 - Creative Media & Community Trust Corp (0000908311) (Issuer)
4 - Creative Media & Community Trust Corp (0000908311) (Issuer)
B. Riley Securities resumed coverage of Creative Media & Community Trust with a rating of Neutral and set a new price target of $4.00
Edward Jones initiated coverage of Creative Media & Community Trust with a rating of Buy and set a new price target of $9.00
B. Riley Securities initiated coverage of CIM Commercial Trust with a rating of Buy and set a new price target of $13.00
SC 13D/A - Creative Media & Community Trust Corp (0000908311) (Subject)
SC 13D/A - Creative Media & Community Trust Corp (0000908311) (Subject)
SC 13D/A - Creative Media & Community Trust Corp (0000908311) (Subject)
Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three months ended June 30, 2024. Second Quarter 2024 Highlights Real Estate Portfolio Same-store office portfolio(2) was 83.5% leased. Executed 52,346 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $9.7 million, or $0.43 per diluted share. Funds from operations attributable to common stockholders ("FFO")(3)1 was $(3.3) million, or $(0.14) per diluted share. Core FFO attributable to common stockholders(4)1 was $(2.1) million, or $(0.09) per dil
Creative Media & Community Trust (NASDAQ:CMCT, TASE: CMCT))) ("CMCT") announced today that it will report its second quarter 2024 earnings results on Thursday, August 8, 2024 before the opening of the stock market. A conference call is scheduled for 12:00 p.m. Eastern Time later that day to discuss CMCT's financial results and business. The call will be hosted by Chief Executive Officer David Thompson, Chief Financial Officer Barry Berlin, and Portfolio Oversight Steve Altebrando. Interested parties can listen to the call via the following: WEBCAST: Go to www.creativemediacommunity.com and select the "Investors" tab at least 15 minutes prior to the start time of the call to
CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the third quarter of 2024. The dividend amount, the record date and the payment date are as follows: Monthly Dividend Amount (per share) Record Date Payment Date Series A Preferred Stock ($0.34375 per share for the quarter) $0.114583 August 5, 2024 September 5,2024 October 5, 2024 August 15, 2024 September 16, 2024 October 15, 2024 Series A1 Preferred Stock ($0.489375 per share for the quarter)* $0.163125 Series D Preferred S
CMCT (NASDAQ & TASE: CMCT) announced today the appointment of Shaul Kuba as Chief Investment Officer. Mr. Kuba will direct the continued expansion of CMCT's portfolio of highly amenitized, premier multifamily and creative office assets in dynamic, high barrier to entry markets. Recently, CMCT announced that it is acquiring 696 apartment units across three assets in Los Angeles and the Bay Area. Further, CMCT has a pipeline of multifamily development opportunities, on land it owns, representing more than 1,500 units. As part of CMCT's strategy, CMCT leverages the global partner and investor relationships and the development capabilities of CIM Group, its manager, to execute on CMCT's pipel
NEW YORK, Jan. 13, 2021 /PRNewswire/ -- Lionbridge Capital, LP, and Robotti & Company Advisors LLC (together with its affiliates, the "Nominating Stockholders" or "they") with an ownership interest of approximately 5.0% of CIM Commercial Trust Corporation ("CMCT" or the "Company") (NASDAQ: CMCT) today announced that they have nominated a slate of six highly qualified candidates for election to the CMCT Board of Directors (the "Board") at the Company's 2021 Annual Meeting: Thomas D. Ferguson, Mark C. Gelnaw, Raymond V. Marino II, John S. Moran, Gregory M. Morillo, and James O'Leary. The Nominating Stockholders also announced today that they have delivered a letter to the Board which incl
DALLAS--(BUSINESS WIRE)--CIM Commercial Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L), a real estate investment trust (REIT) that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States, announced today that its Board of Directors has declared a quarterly cash dividend of $0.075 per common share. The dividend will be paid on December 29, 2020 to Stockholders of record at the close of business on December 14, 2020. In addition, the Board of Directors has declared a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock for the first quarter of 2021. The divi
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) On April 25, Altisource Portfolio Solutions reported better-than-expected
Creative Media (NASDAQ:CMCT) reported quarterly losses of $(0.19) per share which met the analyst consensus estimate. The company reported quarterly sales of $34.00 million which beat the analyst consensus estimate of $24.54 million by 38.56 percent. This is a 17.59 percent increase over sales of $28.91 million the same period last year.
Creative Media (NASDAQ:CMCT) reported quarterly losses of $(0.72) per share which missed the analyst consensus estimate of $(0.48) by 50 percent. This is a 84.62 percent decrease over losses of $(0.39) per share from the same period last year. The company reported quarterly sales of $29.47 million which missed the analyst consensus estimate of $30.20 million by 2.42 percent. This is a 13.92 percent increase over sales of $25.87 million the same period last year.