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NYSE:CMTG

Claros Mortgage Trust (CMTG) Stock Price, News & Analysis

$9.61
+0.13 (+1.37%)
(As of 07/26/2024 ET)
Today's Range
$9.43
$9.72
50-Day Range
$6.99
$9.64
52-Week Range
$6.80
$15.25
Volume
205,115 shs
Average Volume
324,425 shs
Market Capitalization
$1.33 billion
P/E Ratio
N/A
Dividend Yield
10.41%
Price Target
$9.38

Claros Mortgage Trust MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.83 Rating Score
Upside/​Downside
2.4% Downside
$9.38 Price Target
Short Interest
Healthy
4.38% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.17mentions of Claros Mortgage Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$1.39 M Bought Last Quarter
Proj. Earnings Growth
180.00%
From $0.15 to $0.42 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.52 out of 5 stars

Finance Sector

565th out of 898 stocks

Real Estate Industry

14th out of 26 stocks

CMTG stock logo

About Claros Mortgage Trust Stock (NYSE: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 corporate income tax on that portion of its net income that is distributed to shareholders. The company was incorporated in 2015 and is headquartered in New York, New York.

CMTG Stock Price History

CMTG Stock News Headlines

CMTG Aug 2024 10.000 call (CMTG240816C00010000)
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Claros Mortgage Trust (NYSE:CMTG) PT Raised to $9.00
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Real Estate
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.38
High Stock Price Target
$10.00
Low Stock Price Target
$9.00
Potential Upside/Downside
-2.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$6.03 million
Pretax Margin
-28.16%

Debt

Sales & Book Value

Annual Sales
$306.55 million
Cash Flow
$1.45 per share
Book Value
$16.58 per share

Miscellaneous

Free Float
136,805,000
Market Cap
$1.33 billion
Optionable
Optionable
Beta
1.52
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Key Executives

  • Mr. Richard Jay Mack J.D. (Age 56)
    Chairman & CEO
  • Mr. John Michael McGillis CPA (Age 63)
    President, CFO, Principal Financial & Accounting Officer and Director
  • Mr. Jeffrey David Siegel (Age 48)
    Executive VP, General Counsel & Secretary
    Comp: $274.18k
  • Mr. Kevin Cullinan (Age 37)
    Executive Vice President of Originations
  • Ms. Priyanka Garg (Age 49)
    Executive Vice President of Portfolio & Asset Management
  • Ms. Anh Huynh (Age 48)
    Vice President of Investor Relations
  • Mr. Daniel Rosenblum (Age 40)
    VP & Treasurer

CMTG Stock Analysis - Frequently Asked Questions

How have CMTG shares performed this year?

Claros Mortgage Trust's stock was trading at $13.63 at the beginning of 2024. Since then, CMTG shares have decreased by 29.5% and is now trading at $9.61.
View the best growth stocks for 2024 here
.

How were Claros Mortgage Trust's earnings last quarter?

Claros Mortgage Trust, Inc. (NYSE:CMTG) issued its earnings results on Monday, May, 6th. The company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.04. The firm earned $58.83 million during the quarter, compared to analysts' expectations of $63.64 million. Claros Mortgage Trust had a positive trailing twelve-month return on equity of 1.51% and a negative net margin of 28.16%.

When did Claros Mortgage Trust IPO?

Claros Mortgage Trust (CMTG) raised $106 million in an initial public offering on Wednesday, November 3rd 2021. The company issued 5,524,934 shares at $18.65-$19.65 per share.

Who are Claros Mortgage Trust's major shareholders?

Top institutional shareholders of Claros Mortgage Trust include Bank of New York Mellon Corp (0.29%), Nisa Investment Advisors LLC (0.03%), Simplicity Wealth LLC (0.01%) and Gladius Capital Management LP. Insiders that own company stock include Richard Mack, Mike Mcgillis, Jeffrey D Siegel, Steven Leonard Richman and Vincent Tese.
View institutional ownership trends
.

How do I buy shares of Claros Mortgage Trust?

Shares of CMTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CMTG) was last updated on 7/26/2024 by MarketBeat.com Staff

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