Claros Mortgage Trust, Inc. (CMTG)

Market Cap	897.50M
Revenue (ttm)	50.58M
Net Income (ttm)	-89.08M
Shares Out	139.36M
EPS (ttm)	-0.64
PE Ratio	n/a
Forward PE	11.90
Dividend	$0.85 (13.20%)
Ex-Dividend Date	Sep 30, 2024

Volume	158,856
Open	6.51
Previous Close	6.56
Day's Range	6.40 - 6.57
52-Week Range	6.08 - 15.25
Beta	1.52
Analysts	Hold
Price Target	7.44 (+15.53%)
Earnings Date	Nov 7, 2024

About CMTG

Claros Mortgage Trust, Inc. operates as a real estate investment trust. It focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was incorporated in 2015 and is headquartered in New York, New York.

• Industry: REIT - Mortgage
• Sector: Real Estate
• IPO Date: Nov 3, 2021
• Country: United States
• Stock Exchange: NYSE
• Ticker Symbol: CMTG
• Website: https://www.clarosmortgage.com

Financial Performance

In 2023, Claros Mortgage Trust's revenue was $129.83 million, a decrease of -32.08% compared to the previous year's $191.16 million. Earnings were $2.35 million, a decrease of -97.86%.

Analyst Forecast

According to 6 analysts, the average rating for CMTG stock is "Hold." The 12-month stock price forecast is $7.44, which is an increase of 15.53% from the latest price.

Price Target

$7.44

(15.53% upside)

Analyst Consensus: Hold