Page 6 - Catchmark Timber News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A Warning for Timber REITs Millionacres 3 hrs ago Weyerhaeuser (NYSE: WY) have nearly doubled over the past year. That's incredible, given that the average REIT, as measured by Vanguard Real Estate ETF (NYSEMKT: VNQ), is only up around 33%. Before you jump aboard this rocket to the moon, here are some things you need to think about. What timber REITs do At its core, Weyerhaeuser owns timberlands, which is why it's a REIT. That's the same idea that underpins peers like CatchMark Timber (NYSE: CTT), Timber is a very interesting business in many ways. For example, while there's effort in ma...

Price action over last quarter: Up 31.07% Company Description CatchMark Timber Trust Inc is a part of the real estate sector based in the United States. Its area of interest lies in the acquisition and management of timberlands and distributing the proceeds from timber sales to its shareholders. The company's operating segment includes Harvest; Real Estate and Investment Management. It generates maximum revenue from the Harvest segment.  

2:17 pm CatchMark Timber Trust found using ticker (CTT) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 11.5 and 10 with the average target price sitting at 10.83. With the stocks previous close at 9.97 this is indicating there is a potential upside of 8.6%. There is a 50 day moving average of 9.29 and the 200 day MA is 9.19. The company has a market cap of $487m. Company Website: http://www.catchmark.com CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisit...