About
About CatchMark Timber Trust Inc
As of September 14, 2022, CatchMark Timber Trust, Inc. was acquired by PotlatchDeltic Corporation. 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.
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5 years, 4 months ago
CatchMark Timber Trust, Inc is currently in a long term uptrend where the price is trading 11.7% above its 200 day moving average.
From a valuation standpoint, the stock is 50.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 4.9.
CatchMark Timber Trust, Inc's total revenue rose by 6.4% to $31M since the same quarter in the previous year.
Its net income has increased by 75.2% to $-3M since the same quarter in the previous year.
Finally, its free cash flow grew by 372.8% to $12M since the same quarter in the previous year.
Based on the above factors, CatchMark Timber Trust, Inc gets an overall score of 5/5.