CatchMark Timber: Recovering From A Gut Punch

Summary

  • CatchMark Timber is by far the smallest of the Timber REITs.
  • The company's halcyon days are far in the rear-view mirror.
  • Share price plummeted last fall, when CatchMark slashed its dividend, apparently as a result of exiting a disastrous joint venture.
  • Favorable tailwinds may help CatchMark return to growth.
  • This article examines growth, balance sheet, dividend, and valuation metrics, to shed light on the company's future.
  • This idea was discussed in more depth with members of my private investing community, Hoya Capital Income Builder. Learn More »

Sustainable Forestry Management

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If a sapling falls in the forest, and nobody is around to hear it, does it make a sound?

CatchMark Timber (CTT) is by far the smallest of the Timber REITs. At just $0.41 billion, CTT is just

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This article was written by

2.9K Followers

Philip Eric Jones is a financial writer, educator, artist, and inspirational speaker. He writes about investing for retirement with a focus on Growth stocks and REITs.

He is a contributor to the investing group iREIT®+HOYA Capital. The service features a team of analysts focusing on real income-producing asset classes that offer the opportunity for reliable income, diversification, and inflation hedging. Learn More.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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