Claros Mortgage TrustCMTG
Market Cap: $1.08B
About: Claros Mortgage Trust Inc is a real estate investment trust. The company is focused mainly on originating senior and subordinate loans on transitional commercial real estate assets located in markets across the U.S.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
85% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 20
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
15% more funds holding
Funds holding: 85 [Q1] → 98 (+13) [Q2]
0.87% more ownership
Funds ownership: 68.6% [Q1] → 69.47% (+0.87%) [Q2]
17% less capital invested
Capital invested by funds: $930M [Q1] → $774M (-$156M) [Q2]
96% less call options, than puts
Call options by funds: $5K | Put options by funds: $142K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Jade Rahmani 70% 1-year accuracy 19 / 27 met price target | 3%upside $8 | Underperform Maintained | 12 Aug 2024 |
JP Morgan Richard Shane 63% 1-year accuracy 25 / 40 met price target | 16%upside $9 | Neutral Maintained | 16 Jul 2024 |
Financial journalist opinion
Based on 3 articles about CMTG published over the past 30 days