CATCHMARK TIMBER TRUST INC-A (CTT) Forecast, Price Target & Analyst Ratings

NYSE:CTTUS14912Y2028

Current stock price

10.37 USD
-0.15 (-1.43%)
At close:
10.45 USD
+0.08 (+0.77%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CATCHMARK TIMBER TRUST INC-A (CTT).

Forecast Snapshot

Consensus Price Target

Price Target
$11.99
+ 15.57% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 2, 2022
Period
Q3 / 2022
EPS Estimate
-$0.02
Revenue Estimate
19.702M

ChartMill Buy Consensus

Rating
50.77%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$11.99
Upside
+ 15.57%
From current price of $10.37 to mean target of $11.99, Based on 13 analyst forecasts
Low
$11.11
Median
$12.24
High
$12.86

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for CTT. The average price target is 11.99 USD. This implies a price increase of 15.57% is expected in the next year compared to the current price of 10.37.

Analyst Ratings & History

Current Analyst Ratings

CTT Current Analyst RatingCTT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

CTT Historical Analyst RatingsCTT Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
50.77%
CTT was analyzed by 13 analysts. The buy percentage consensus is at 51. So analysts seem to be rather neutral about CTT.
In the previous month the buy percentage consensus was at a similar level.
CTT was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-06-02BairdDowngrade Outperform -> Neutral
2022-06-01StifelDowngrade Buy -> Hold
2022-06-01Raymond JamesUpgrade Underperform -> Market Perform
2022-04-11BairdUpgrade Neutral -> Outperform
2021-10-18RBC CapitalMaintains Sector Perform
2021-10-18Raymond JamesDowngrade Outperform -> Underperform
2021-06-02Raymond JamesMaintains Outperform
2021-05-24CitigroupMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 2, 2022
Period
Q3 / 2022
EPS Estimate
-$0.02
Revenue Estimate
19.702M
Revenue Q2Q
-10.74%
EPS Q2Q
-104.84%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

CTT is expected to report earnings on 11/2/2022. The consensus EPS estimate for the next earnings is -0.02 USD and the consensus revenue estimate is 19.70M USD.

Full Analyst Estimates 2022 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
CTT revenue by date.CTT revenue by date.
106.7M
8.99%
104.3M
-2.25%
102.161M
-2.05%
86.733M
-15.10%
89.508M
3.20%
82.367M
-7.98%
76.553M
-7.06%
EBITDA
YoY % growth
CTT ebitda by date.CTT ebitda by date.
33.79M
23.23%
30.88M
-8.61%
35.787M
15.89%
41.007M
14.59%
41.15M
0.35%
37.227M
-9.53%
34.014M
-8.63%
EBIT
YoY % growth
CTT ebit by date.CTT ebit by date.
5.5M
323.08%
1.6M
-70.91%
11.905M
644.06%
8.574M
-27.98%
6.843M
-20.18%
5.436M
-20.56%
4.362M
-19.76%
Operating Margin
CTT operating margin by date.CTT operating margin by date.
5.15%1.53%11.65%9.89%7.65%6.60%5.70%
EPS
YoY % growth
CTT eps by date.CTT eps by date.
-1.90
24.00%
-0.37
80.53%
1.21
427.03%
-0.01
-100.42%
-0.12
-2,366.60%
0.06
149.50%
0.15
150.00%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth
-0.02
-104.84%
-0.03
-103.85%
-0.04
-157.71%
-0.03
66.33%
-0.02
13.04%
-0.03
-12.49%
Revenue
Q2Q % growth
19.702M
-10.74%
19.207M
-6.13%
21.063M
-21.82%
21.882M
-10.90%
22.921M
16.34%
22.128M
15.21%
EBITDA
Q2Q % growth
8.009M
-64.02%
8.112M
-69.41%
8.685M
-7.40%
8.709M
-12.16%
9.37M
16.99%
9.408M
15.97%
EBIT
Q2Q % growth
842.673K
-73.67%
828.2K
-68.61%
941.32K
-81.90%
1.038M
-58.57%
1.511M
79.31%
1.321M
59.51%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CTT Yearly Revenue VS EstimatesCTT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
CTT Yearly EPS VS EstimatesCTT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1 -1 -2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-62.92%
EPS Next 5 Year
-40.26%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-7.74%
Revenue Next 5 Year
-7.57%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

CATCHMARK TIMBER TRUST INC-A / CTT Forecast FAQ

What do analysts expect the price target to be for CATCHMARK TIMBER TRUST INC-A (CTT)?

13 analysts have analysed CTT and the average price target is 11.99 USD. This implies a price increase of 15.57% is expected in the next year compared to the current price of 10.37.

Can you provide the upcoming earnings date for CATCHMARK TIMBER TRUST INC-A?

CATCHMARK TIMBER TRUST INC-A (CTT) will report earnings on 2022-11-02.

Can you provide the consensus estimates for CATCHMARK TIMBER TRUST INC-A next earnings?

The consensus EPS estimate for the next earnings of CATCHMARK TIMBER TRUST INC-A (CTT) is -0.02 USD and the consensus revenue estimate is 19.70M USD.

Can you provide the analyst count for CATCHMARK TIMBER TRUST INC-A stock?

The number of analysts covering CATCHMARK TIMBER TRUST INC-A (CTT) is 13.