Creative Media & Community Trust (NASDAQ:CMCT)’s traded shares stood at 1.11 million during the last session, with the company’s beta value hitting 0.68. At the close of trading, the stock’s price was $0.22, to imply a decrease of -15.73% or -$0.04 in intraday trading. The CMCT share’s 52-week high remains $38.62, putting it -17454.55% down since that peak but still an impressive 4.55% since price per share fell to its 52-week low of $0.21. The company has a valuation of $4.11M, with an average of 0.53 million shares in intraday trading volume over the past 10 days and average of 774.58K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Creative Media & Community Trust (CMCT), translating to a mean rating of 3.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give CMCT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
Creative Media & Community Trust (NASDAQ:CMCT) trade information
After registering a -15.73% downside in the last session, Creative Media & Community Trust (CMCT) has traded red over the past five days. The 5-day price performance for the stock is -15.82%, and -66.45% over 30 days. With these gigs, the year-to-date price performance is -90.31%. Short interest in Creative Media & Community Trust (NASDAQ:CMCT) saw shorts transact 0.17 million shares and set a 0.57 days time to cover.
The extremes give us $4 and $4 for target low and target high price respectively. As such, CMCT has been trading -1718.18% off suggested target high and -1718.18% from its likely low.
CMCT Dividends
Creative Media & Community Trust has its next earnings report out on 2024-Nov-07. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Creative Media & Community Trust has a forward dividend ratio of 0.09, with the share yield ticking at 38.97% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 31.6%.
Creative Media & Community Trust (NASDAQ:CMCT)’s Major holders
Creative Media & Community Trust insiders hold 2.36% of total outstanding shares, with institutional holders owning 16.61% of the shares at 17.02% float percentage. In total, 16.61% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 0.69 million shares (or 3.0193% of shares), all amounting to roughly $1.85 million.
The next major institution holding the largest number of shares is GOLDMAN SACHS GROUP INC with 0.42 million shares, or about 1.8362% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.12 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Creative Media & Community Trust (CMCT) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 48.73 shares. This is just over 0.37% of the total shares, with a market valuation of $10627.0. Data from the same date shows that the other fund manager holds a little less at 46.53, or 0.35% of the shares, all valued at about 10149.0.
