Claros Mortgage Trust, Inc. (CMTG)
NYSE: CMTG · IEX Real-Time Price · USD
8.03
+0.14 (1.77%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Claros Mortgage Trust Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for CMTG stock have an average target of 9.50, with a low estimate of 9.00 and a high estimate of 10. The average target predicts an increase of 18.31% from the current stock price of 8.03.
Analyst Consensus: Hold
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for CMTG stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 3 | 4 | 4 | 3 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 4 | 5 | 5 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jun 11, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $11 → $9 | Hold | Maintains | $11 → $9 | +12.08% | May 8, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Sell Maintains $9.75 → $9.5 | Sell | Maintains | $9.75 → $9.5 | +18.31% | Apr 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $11 → $9.5 | Hold | Maintains | $11 → $9.5 | +18.31% | Apr 10, 2024 |
| UBS | UBS | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | +24.53% | Mar 20, 2024 |
Financial Forecast
Revenue This Year
237.72M
from 306.55M
Decreased by -22.45%
Revenue Next Year
221.85M
from 237.72M
Decreased by -6.68%
EPS This Year
0.38
from 0.02
Increased by 1,807.40%
EPS Next Year
0.76
from 0.38
Increased by 100.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 285.6M | 269.6M | 239.9M |
| Avg | 237.7M | 221.9M | 233.0M |
| Low | 170.7M | 169.8M | 223.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.8% | 13.4% | 8.1% |
| Avg | -22.5% | -6.7% | 5.0% |
| Low | -44.3% | -28.6% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.61 | 0.97 | 1.04 |
| Avg | 0.38 | 0.76 | 1.01 |
| Low | 0.05 | 0.54 | 0.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2,945.0% | 153.2% | 36.2% |
| Avg | 1,807.4% | 100.0% | 32.4% |
| Low | 145.0% | 41.3% | 27.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.