Claros Mortgage TrustCMTG
CMTG
About: Claros Mortgage Trust Inc is a real estate investment trust. The company is focused mainly on creating a diversified portfolio of income-producing loans collateralized by institutional quality commercial real estate.
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
63% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 27
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
12% more funds holding
Funds holding: 102 [Q3] → 114 (+12) [Q4]
5.27% more ownership
Funds ownership: 69.35% [Q3] → 74.62% (+5.27%) [Q4]
35% less capital invested
Capital invested by funds: $722M [Q3] → $470M (-$252M) [Q4]
95% less call options, than puts
Call options by funds: $5K | Put options by funds: $98K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4
37%
upside
Avg. target
$5
71%
upside
High target
$6
105%
upside
2 analyst ratings
1 positive
50%
0 neutral
0%
1 negative
50%
Keefe, Bruyette & Woods Jade Rahmani 50% 1-year accuracy 17 / 34 met price target | 37%upside $4 | Underperform Maintained | 14 Jan 2025 |
UBS Douglas Harter 62% 1-year accuracy 18 / 29 met price target | 105%upside $6 | Buy Upgraded | 10 Jan 2025 |
Financial journalist opinion
Based on 10 articles about CMTG published over the past 30 days
Neutral
Seeking Alpha
1 day ago
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 Executive Officer and Chairman Michael McGillis - President, Chief Financial Officer and Director Priyanka Garg - Executive Vice President, Portfolio and Asset Management Conference Call Participants Richard Shane - JPMorgan Doug Harter - UBS Jade Rahmani - KBW Chris Muller - Citizens JMP Thomas Catherwood - BTIG Operator Welcome to Claros Mortgage Trust Fourth Quarter 2024 Earnings Conference Call. My name is Mary and I will be your conference facilitator today.
Positive
Zacks Investment Research
2 days ago
Claros Mortgage Trust, Inc. (CMTG) Q4 Earnings Beat Estimates
Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.31 per share a year ago.
Neutral
Business Wire
2 days ago
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 reported GAAP net loss of $100.7 million and $221.3 million, or $0.72 and $1.60 per share, for the quarter and year ended December 31, 2024, respectively. Distributable Loss (a non-GAAP financial measure defined below) was $83.2 million and $95.7 million, or $0.59 and $0.67 per share, for the quarter and.
Negative
Seeking Alpha
1 week ago
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 equity value, contributing to the stock's decline. Management's expertise and low exposure to troubled office space, along with a focus on multifamily projects, offer some stability.
Negative
Zacks Investment Research
1 week ago
Analysts Estimate Claros Mortgage Trust, Inc. (CMTG) to Report a Decline in Earnings: What to Look Out for
Claros Mortgage Trust, Inc. (CMTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 week ago
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 the closing of trading on the New York Stock Exchange on Wednesday, February 19, 2025. A conference call to discuss CMTG's financial results will be held on Thursday, February 20, 2025, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortga.
Neutral
Business Wire
2 weeks ago
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's common stock dividend payments per share for the tax year ended December 31, 2024: Record Date Payment Date Cash Distribution Adjustment Dividend Ordinary Dividends(1) Qualified Dividends Capital Gain Dividends Non Dividend Distributions 12/29/2023 1/12/2024 $0.00 $0.25 $0.25(2) $0.1264 $0.0000 $.
Positive
Zacks Investment Research
4 weeks ago
What Makes Claros Mortgage Trust, Inc. (CMTG) a New Strong Buy Stock
Claros Mortgage Trust, Inc. (CMTG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Positive
Zacks Investment Research
4 weeks ago
Best Value Stocks to Buy for January 24th
CMTG, ICL and CARE made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 24, 2025.
Positive
Zacks Investment Research
4 weeks ago
Best Income Stocks to Buy for January 24th
ICL, PX and CMTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 24, 2025.
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