Streetbeat News

CMTG

Claros Mortgage Trust, Inc.

https://www.clarosmortgage.com

Industry

REIT - Mortgage

Claros Mortgage Trust, Inc. is a real estate investment trust that focuses primarily on originating senior and subordinate loans on transitional commercial real estate assets located in principal markets across the United States. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, its net income would be exempt from federal taxation to the extent that it is distributed as dividends to shareholders. The company was incorporated in 2015 and is based in New York, New York.

Open

2.28

Mkt cap

325M

Volume

2.7M

High

2.33

P/E Ratio

-1.46

52-wk high

10.15

Low

2.22

Div yield

0.26

52-wk low

2.22

Claros Mortgage Trust, Inc. (CMTG) held its Q4 2024 earnings call on February 20, 2025. Key participants included executives from CMTG and analysts from major financial institutions.

Portfolio Pulse from

February 20, 2025 | 7:00 pm

Claros Mortgage Trust, Inc. (CMTG) reported Q4 earnings of $0.18 per share, surpassing the Zacks Consensus Estimate of $0.10 per share, though down from $0.31 per share a year ago.

Portfolio Pulse from

February 20, 2025 | 12:30 am

Claros Mortgage Trust (CMTG) is trading at a significant discount to its book value, primarily due to high debt levels and asset write-downs. However, management's expertise and focus on multifamily projects provide some stability.

Portfolio Pulse from

February 14, 2025 | 7:00 pm

Analysts predict a decline in earnings for Claros Mortgage Trust, Inc. (CMTG) in its upcoming report, indicating a lack of the necessary factors for an earnings beat.

Portfolio Pulse from

February 12, 2025 | 4:15 pm

Claros Mortgage Trust, Inc. (NYSE: CMTG) will release its Q4 and full-year 2024 financial results on February 19, 2025, followed by a conference call on February 20, 2025.

Portfolio Pulse from

February 10, 2025 | 9:45 pm

Claros Mortgage Trust, Inc. (CMTG) has been upgraded to a Zacks Rank #1 (Strong Buy) due to growing optimism about its earnings prospects.

Portfolio Pulse from

January 24, 2025 | 6:15 pm

ICL, PX, and CMTG have been listed as Zacks Rank #1 (Strong Buy) income stocks as of January 24, 2025. This indicates a strong recommendation for investors seeking income-generating stocks.

Portfolio Pulse from

January 24, 2025 | 8:45 am

PLBC, CMTG, and NGD have been identified as top value stocks by Zacks, achieving a Rank #1 (Strong Buy) on January 20, 2025.

Portfolio Pulse from

January 20, 2025 | 11:45 am

Claros Mortgage Trust, Inc. (CMTG) has seen a significant decline of 37.88% over the past four weeks, leading to an oversold status. This, along with positive revisions in earnings estimates by analysts, suggests a potential trend reversal for the stock.

Portfolio Pulse from

January 07, 2025 | 4:00 pm

Claros Mortgage Trust has suspended its dividend to preserve liquidity amid challenges in the CRE transitional lending industry. This move is expected to provide the company with more flexibility to optimize its balance sheet. CMTG stock is trading near all-time lows with a price-to-book ratio of 0.29, significantly lower than peers BXMT and KREF.

Portfolio Pulse from

December 30, 2024 | 11:00 am

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