Claros Mortgage Trust, Inc. (CMTG)
| Market Cap | 328.90M |
| Revenue (ttm) | 9.03M |
| Net Income (ttm) | -223.21M |
| Shares Out | 139.36M |
| EPS (ttm) | -1.60 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.35 (14.64%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 861,948 |
| Open | 2.270 |
| Previous Close | 2.270 |
| Day's Range | 2.240 - 2.410 |
| 52-Week Range | 2.130 - 9.810 |
| Beta | 1.13 |
| Analysts | Hold |
| Price Target | 3.88 (+62.34%) |
| Earnings Date | May 5, 2025 |
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 federal and state income tax on that portion of its income that is distributed to shareholders if it distributes at least 90% of its taxable income and complies with certain other requirements to quality as a REIT. Claros Mortgage Trust, Inc. w... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CMTG stock is "Hold." The 12-month stock price forecast is $3.88, which is an increase of 62.34% from the latest price.
News
Claros Mortgage Trust, Inc. Announces 2025 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 2025 Annual Meeting of Stockholders virtually on June 4, 2025, begin...
Claros Mortgage Trust, Inc. (CMTG) Q4 2024 Earnings Call Transcript
Claros Mortgage Trust, Inc. (NYSE:CMTG) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Anh Huynh - Vice President of Investor Relations Richard Mack - Chief Execu...
Claros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2024 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, 2024. The Company reporte...
Trust In Claros Mortgage
Claros Mortgage Trust trades at an 80% discount to book value, despite a more measured decline in book value per share. The company's high debt level amplifies the impact of asset write-downs on equit...
Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2024 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 2024 financial results after ...
Claros Mortgage Trust, Inc. Announces Tax Treatment of 2024 Dividends
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2024 common stock dividends. The following table summarizes CMTG'...
Claros Mortgage Trust: Dividend Suspension Will Benefit Company In Long-Term
Claros Mortgage Trust suspended its dividend to preserve liquidity, reflecting the continued challenges in the CRE transitional lending industry. Suspending the dividend was a difficult and necessary ...
Claros Mortgage Trust, Inc. Pauses Common Stock Dividend
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) today announced that its Board of Directors suspended the Company's quarterly dividend on its common stock...
Claros Mortgage Trust, Inc. (CMTG) Q3 2024 Earnings Call Transcript
Claros Mortgage Trust, Inc. (NYSE:CMTG) Q3 2024 Results Conference Call November 8, 2024 10:00 AM ET Company Participants Anh Huynh - VP, IR Richard Mack - CEO and Chairman Mike McGillis - President ...
Claros Mortgage Trust, Inc. Reports Third Quarter 2024 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, 2024. The Company's third quarter...
Claros Mortgage Trust, Inc. Announces Dates for Third Quarter 2024 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 2024 financial results after the closing of trading...
Claros Mortgage Trust: A Commercial Lender Focusing On Transitional Assets
Claros Mortgage Trust focuses on originating senior and mezzanine loans for transitional commercial real estate assets, primarily in large markets like California and New York. CMTG's portfolio includ...
3 'Beaten Down' Mortgage REITs: Darkest Before Dawn?
Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of...
REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. Wit...
Claros Mortgage Trust, Inc. (CMTG) Q2 2024 Earnings Call Transcript
Claros Mortgage Trust, Inc. (CMTG) Q2 2024 Earnings Call Transcript
Claros Mortgage Trust, Inc. Reports Second Quarter 2024 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, 2024. The Company's second quarter 202...
Claros Mortgage Trust, Inc. Announces Dates for Second Quarter 2024 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 2024 financial results after the closing of tradin...
3 High-Yield Dividend Stocks That Executives Love
Who cares what financial “pundits” are yapping about? Show us the money.
Mack Real Estate Group Affiliate Prevails at Auction for 2,300+ Acres at Taiwan Semiconductor Campus in Phoenix
NEW YORK & PHOENIX, Ariz.--(BUSINESS WIRE)--An affiliate of Mack Real Estate Group (MREG), Biscuit Flats Dev LLC, has prevailed at an auction held to sell the development rights to over 2,300 acres of...
Claros Mortgage Trust, Inc. to Present at Nareit's REITweek: 2024 Investor Conference
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that J. Michael McGillis, President and Chief Financial Officer, will present at Nareit's ...
Claros Mortgage Trust, Inc. (CMTG) Q1 2024 Earnings Call Transcript
Claros Mortgage Trust, Inc. (NYSE:CMTG) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Anh Huynh - VP, IR Richard Mack - CEO and Chairman Mike McGillis - President, CFO...
Claros Mortgage Trust, Inc. Reports First Quarter 2024 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, 2024. The Company's first quarter 202...
Claros Mortgage Trust, Inc. Announces Dates for First Quarter 2024 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 2024 financial results after the closing of trading...
Claros Mortgage Trust, Inc. Announces 2024 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 2024 Annual Meeting of Stockholders virtually on June 4, 2024, begin...
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 first quarter of 2024. The dividend is paya...