StockNews.com initiated coverage on shares of Creative Media & Community Trust Co. (NASDAQ:CMCT – Free Report) in a research report sent to investors on Monday. The brokerage issued a sell rating on the real estate investment trust’s stock.
Creative Media & Community Trust Co. Price Performance
Shares of NASDAQ CMCT opened at $4.15 on Monday. Creative Media & Community Trust Co. has a twelve month low of $3.89 and a twelve month high of $6.95. The firm has a fifty day simple moving average of $4.43 and a 200 day simple moving average of $4.60. The company has a market capitalization of $94.57 million, a PE ratio of -1.66 and a beta of 0.49. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 48.70.
Creative Media & Community Trust Co. Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, July 24th. Shareholders of record on Monday, July 10th were paid a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 8.19%. The ex-dividend date was Friday, July 7th. Creative Media & Community Trust Co.’s dividend payout ratio (DPR) is currently -13.60%.
Institutional Investors Weigh In On Creative Media & Community Trust Co.
About Creative Media & Community Trust Co.
Creative Media & Community Trust Corporation is a real estate investment trust (REIT) that principally acquires, owns, and operates Class A and creative office investments located in vibrant and improving metropolitan communities throughout the U.S. Properties are primarily located in Los Angeles and the San Francisco Bay Area.
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