During the last session, Creative Media & Community Trust (NASDAQ:CMCT)’s traded shares were 56563.0, with the beta value of the company hitting 0.74. At the end of the trading day, the stock’s price was $4.49, reflecting an intraday loss of -15.28% or -$0.81. The 52-week high for the CMCT share is $899.21, that puts it down -19926.95 from that peak though still a striking -5.57% loss since the share price plummeted to a 52-week low of $4.74. The company’s market capitalization is $3.39M, and the average intraday trading volume over the past 10 days was 42558.0 shares, and the average trade volume was 33.54K shares over the past three months.
Creative Media & Community Trust (CMCT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. CMCT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Creative Media & Community Trust (NASDAQ:CMCT) trade information
Creative Media & Community Trust (CMCT) registered a -15.28% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -15.28% in intraday trading to $4.49, hitting a weekly high. The stock’s 5-day price performance is -17.65%, and it has moved by -36.98% in 30 days. Based on these gigs, the overall price performance for the year is -99.48%. The short interest in Creative Media & Community Trust (NASDAQ:CMCT) is 12108.0 shares and it means that shorts have 0.19 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies a decrease of -12.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $4 respectively. As a result, CMCT is trading at a premium of 10.91% off the target high and 10.91% off the low.
CMCT Dividends
Creative Media & Community Trust is due to release its next quarterly earnings on 2024-Nov-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Creative Media & Community Trust is 0.09, with the dividend yield indicating at 1.89 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 31.6%.
Creative Media & Community Trust (NASDAQ:CMCT)’s Major holders
Creative Media & Community Trust insiders own 2.36% of total outstanding shares while institutional holders control 273.80%, with the float percentage being 280.42%. VANGUARD GROUP INC is the largest shareholder of the company, while 67.0 institutions own stock in it. As of 2024-06-30, the company held over 0.69 million shares (or 3.0193% of all shares), a total value of $1.85 million in shares.
The next largest institutional holding, with 83144.0 shares, is of JPMORGAN CHASE & CO’s that is approximately 0.373% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.22 million.
Also, the Mutual Funds coming in first place with the largest holdings of Creative Media & Community Trust (CMCT) shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund . Data provided on Feb 28, 2025 indicates that Fidelity Concord Street Trust-Fidelity Extended Market Index Fund owns about 1.86 shares. This amounts to just over 0.01 percent of the company’s overall shares, with a $8355.0 market value. The same data shows that the other fund manager holds slightly less at 399.0, or about 0.00% of the stock, which is worth about $1791.0.
