Claros Mortgage Trust, Inc. (CMTG)

NYSE: CMTG · IEX Real-Time Price · USD
11.11
+0.28 (2.59%)
Sep 27, 2023, 4:00 PM EDT - Market closed
2.59%
Market Cap 1.54B
Revenue (ttm) 310.06M
Net Income (ttm) 60.35M
Shares Out 138.39M
EPS (ttm) 0.42
PE Ratio 26.45
Forward PE 9.19
Dividend $1.00 (9.00%)
Ex-Dividend Date Sep 28, 2023
Volume 261,235
Open 10.94
Previous Close 10.83
Day's Range 10.83 - 11.13
52-Week Range 10.08 - 18.15
Beta n/a
Analysts Hold
Price Target 13.90 (+25.11%)
Earnings Date Nov 8, 2023

About CMTG

Claros Mortgage Trust, Inc. operates as a real estate investment trust. The company focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. Claros Mortgage Trust, Inc. was incorporated in 2015 and is headquartered in New York, New York. [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Nov 3, 2021
Country United States
Stock Exchange NYSE
Ticker Symbol CMTG
Full Company Profile

Financial Performance

In 2022, CMTG's revenue was $287.20 million, an increase of 9.34% compared to the previous year's $262.66 million. Earnings were $112.06 million, a decrease of -34.29%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CMTG stock is "Hold." The 12-month stock price forecast is $13.9, which is an increase of 25.11% from the latest price.

Price Target
$13.9
(25.11% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Claros Mortgage Trust, Inc. Declares Common Stock Dividend

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.25 per share of common stock for the third quarter of 2023. One of the Company's...

12 days ago - Business Wire

Claros Mortgage Trust, Inc. Reports Second Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2023. The Company's second quarter 202...

2 months ago - Business Wire

Claros Mortgage Trust, Inc. Announces Dates for Second Quarter 2023 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its second quarter 2023 financial results after the closing of tradin...

2 months ago - Business Wire

Claros Mortgage Trust, Inc. Reports First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2023. The Company's first quarter 202...

5 months ago - Business Wire

Claros Mortgage Trust, Inc. Announces Dates for First Quarter 2023 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2023 financial results after the closing of trading...

5 months ago - Business Wire

Claros Mortgage Trust, Inc. Announces 2023 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2023 Annual Meeting of Stockholders virtually on June 1, 2023, begin...

6 months ago - Business Wire

Claros Mortgage Trust, Inc. to Present at Citi Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that Richard Mack, Chairman and CEO, will present at the Citi Global Property CEO Conferen...

7 months ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Notifies Claros Mortgage Trust, Inc. (CMTG) Investors of Investigation

NEW YORK--(BUSINESS WIRE)---- $CMTG #classaction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors of Claros Mortgage Trust, Inc. (“Cl...

7 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Claros Mortgage Trust, Inc. - CMTG

NEW YORK , Feb. 22, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Claros Mortgage Trust, Inc. ("Claros" or the "Company") (NYSE: CMTG).  Such investors are advis...

7 months ago - PRNewsWire

Claros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2022 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter and year ended December 31, 2022. The Company reporte...

7 months ago - Business Wire

Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2022 financial results afte...

8 months ago - Business Wire

Claros Mortgage Trust, Inc. Announces Tax Treatment of 2022 Dividends

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2022 common stock dividends. The following table summarizes CMT...

8 months ago - Business Wire

Claros Mortgage Trust, Inc. Reports Third Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2022.

11 months ago - Business Wire

Claros Mortgage Trust, Inc. Announces Dates for Third Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2022 financial results after the closing of trading...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2022. The Company's second quarter 202...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Announces Time Change for Second Quarter 2022 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it has changed the time of its second quarter 2022 earnings conference call to 9:00 a...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its second quarter 2022 financial results after the closing of tradin...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. to Present at Nareit's REITweek: 2022 Investor Conference

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that J. Michael McGillis, President and Director, and Jai Agarwal, Chief Financial Officer...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Reports First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2022. The Company's first quarter 202...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Announces First Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2022 financial results after the closing of trading...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Announces 2022 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2022 Annual Meeting of Stockholders virtually on June 1, 2022, begin...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Reports Fourth Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended December 31, 2021. The Company's fourth quarter...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Announces Fourth Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2021 financial results after ...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Announces Tax Treatment of 2021 Dividends

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2021 common stock dividends. The following table summarizes CMTG'...

1 year ago - Business Wire

Claros Mortgage Trust, Inc. Appoints Jai Agarwal Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the appointment of Jai Agarwal as its Chief Financial Officer. Mr. Agarwal will succeed J....

1 year ago - Business Wire