CTT News and Press, CatchMark Timber Trust Inc. Class A From 08/25/21

How Hot is Too Hot? For Timber REITs, scorching-hot lumber demand from the resurgent housing industry - combined with sawmill production bottlenecks - sent lumber prices soaring to extreme levels. Inflating construction materials prices - and the outright inability to source necessary...

U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...

In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REIT company-level metrics have exhibited a substantial rebound over the last year as FFO and dividends...

CatchMark Completes $100 Million Sale of Oregon Timberlands to Roseburg Resources Co. Increases Net Income Guidance PR Newswire ATLANTA , Aug. 11, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) today announced that it had completed the...

U.S. equity markets climbed to fresh record highs this past week as better-than-expected employment data eased some concern over threats of another potential wave of COVID-related economic restrictions. The U.S. economy added 942k jobs in July, while continuing jobless claims fel...

CatchMark Timber Trust, Inc. (CTT) Q2 2021 Earnings Conference Call August 06, 2021 10:00 A.M. ET Company Participants Ursula Godoy-Arbelaez - SVP, CFO, Treasurer Brian M. Davis - President and CEO Todd P. Reitz - CRO John Rasor - President, Triple T Timberlands Conference Call Participants D...

The following slide deck was published by CatchMark Timber Trust, Inc. in conjunction with their 2021 Q2 earnings call. For further details see: CatchMark Timber Trust, Inc. 2021 Q2 - Results - Earnings Call Presentation

REIT earnings season has provided critical information on the state of the real estate industry - a much-needed check-in amid fears of a potential "fourth wave" of the COVID pandemic. Results were significantly better-than-expected with roughly 95% of equity REITs beating consensus FF...

CatchMark Announces Strong Second Quarter 2021 Results, Reports Significant Progress on Strategic Initiatives, Declares Dividend - Recognized net income of $1.8 million, or $0.04 per share, driven primarily by a 24% increase in timber sales revenue. - Produced record Adjuste...

U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...