CatchMark Timber Trust Inc (CTT) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

CatchMark Timber Trust Inc (CTT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. CatchMark Timber Trust Inc is a real estate investment trust. It primarily invests in timberlands and its earnings originate from the sale of timber in the United States. CatchMark Timber Trust Inc has a market cap of $571.450 million; its shares were traded at around $13.16 with and P/S ratio of 5.67. The dividend yield of CatchMark Timber Trust Inc stocks is 4.10%. CatchMark Timber Trust Inc had annual average EBITDA growth of 40.70% over the past five years.


For the last quarter CatchMark Timber Trust Inc reported a revenue of $22.7 million, compared with the revenue of $20.40 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $91.3 million, an increase of 11.5% from last year. For the last five years CatchMark Timber Trust Inc had an average revenue growth rate of 21% a year.

The reported loss per diluted share was 34 cents for the year, compared with the loss per share of $0.02 in the previous year. The CatchMark Timber Trust Inc had an operating margin of -3.91%, compared with the operating margin of -5.39% a year before. The 10-year historical median operating margin of CatchMark Timber Trust Inc is -9.93%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, CatchMark Timber Trust Inc has the cash and cash equivalents of $7.81 million, compared with $9.11 million in the previous year. The long term debt was $330.1 million, compared with $320.8 million in the previous year. CatchMark Timber Trust Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $13.16, CatchMark Timber Trust Inc is traded at close to its historical median P/S valuation band of $13.38. The P/S ratio of the stock is 5.67, while the historical median P/S ratio is 5.82. The stock gained 26.11% during the past 12 months.

For the complete 20-year historical financial data of CTT, click here.

This article first appeared on GuruFocus.


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