In last trading session, Creative Media & Community Trust (NASDAQ:CMCT) saw 2.01 million shares changing hands with its beta currently measuring 0.34. Company’s recent per share price level of $0.35 trading at -$0.3 or -46.15% at ring of the bell on the day assigns it a market valuation of $4.65M. That closing price of CMCT’s stock is at a discount of -12474.29% from its 52-week high price of $44.01 and is indicating a discount of -80.0% from its 52-week low price of $0.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.3 million shares which gives us an average trading volume of 545.56K if we extend that period to 3-months.
For Creative Media & Community Trust (CMCT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Creative Media & Community Trust (NASDAQ:CMCT) trade information
Upright in the red during last session for losing -46.15%, in the last five days CMCT remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $0.35 price level, adding 53.81% to its value on the day. Creative Media & Community Trust’s shares saw a change of -84.44% in year-to-date performance and have moved -53.33% in past 5-day. Creative Media & Community Trust (NASDAQ:CMCT) showed a performance of -50.00% in past 30-days. Number of shares sold short was 0.15 million shares which calculate 0.5 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 91.25% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -1042.86% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1042.86% for stock’s current value.
CMCT Dividends
Creative Media & Community Trust is more likely to be releasing its next quarterly report on 2024-Nov-07 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 476.12%, the share has a forward dividend of 1.67 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 20.61%.
Creative Media & Community Trust (NASDAQ:CMCT)’s Major holders
Insiders are in possession of 3.43% of company’s total shares while institution are holding 24.03 percent of that, with stock having share float percentage of 24.88%. Investors also watch the number of corporate investors in a company very closely, which is 24.03% institutions for Creative Media & Community Trust that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CMCT for having 0.69 million shares of worth $1.85 million. And as of 2024-06-30, it was holding 3.0193 of the company’s outstanding shares.
The second largest institutional holder is GOLDMAN SACHS GROUP INC, which was holding about 0.42 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.8362 of outstanding shares, having a total worth of $1.12 million.
On the other hand, Fidelity Extended Market Index Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 475.43 shares of worth $0.17 million or 3.58% of the total outstanding shares. The later fund manager was in possession of 48.73 shares on Dec 31, 2024 , making its stake of worth around $17054.0 in the company or a holder of 0.37% of company’s stock.
