Positive News SentimentPositive NewsNYSE:CMTG Claros Mortgage Trust (CMTG) Stock Forecast, Price & News $10.69 +0.01 (+0.09%) (As of 09:45 AM ET) Add Compare Share Share Today's Range$10.66▼$10.7550-Day Range$10.40▼$12.7552-Week Range$10.08▼$18.15Volume8,478 shsAverage Volume261,472 shsMarket Capitalization$1.48 billionP/E Ratio26.07Dividend Yield9.35%Price Target$13.70 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Claros Mortgage Trust MarketRank™ ForecastAnalyst RatingReduce1.83 Rating ScoreUpside/Downside28.3% Upside$13.70 Price TargetShort InterestHealthy1.28% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.62Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth44.44%From $0.45 to $0.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.03 out of 5 starsFinance Sector95th out of 865 stocksReal Estate Industry2nd out of 25 stocks 2.9 Analyst's Opinion Consensus RatingClaros Mortgage Trust has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on no buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.70, Claros Mortgage Trust has a forecasted upside of 28.3% from its current price of $10.68.Amount of Analyst CoverageClaros Mortgage Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.28% of the float of Claros Mortgage Trust has been sold short.Short Interest Ratio / Days to CoverClaros Mortgage Trust has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in Claros Mortgage Trust has recently decreased by 7.87%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipClaros Mortgage Trust is a leading dividend payer. It pays a dividend yield of 9.03%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthClaros Mortgage Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Claros Mortgage Trust is 243.90%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Claros Mortgage Trust will have a dividend payout ratio of 153.85% in the coming year. This indicates that Claros Mortgage Trust may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMTG. Previous Next 3.7 News and Social Media Coverage News SentimentClaros Mortgage Trust has a news sentiment score of 1.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Claros Mortgage Trust this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for CMTG on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat Follows2 people have added Claros Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Claros Mortgage Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Claros Mortgage Trust is held by insiders.Percentage Held by Institutions71.57% of the stock of Claros Mortgage Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Claros Mortgage Trust are expected to grow by 44.44% in the coming year, from $0.45 to $0.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Claros Mortgage Trust is 26.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Claros Mortgage Trust is 26.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 64.30.Price to Book Value per Share RatioClaros Mortgage Trust has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Claros Mortgage Trust (NYSE:CMTG) StockClaros Mortgage Trust, Inc. operates as a real estate investment trust. The company focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. Claros Mortgage Trust, Inc. was incorporated in 2015 and is headquartered in New York, New York.Read More CMTG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMTG Stock News HeadlinesSeptember 25, 2023 | americanbankingnews.comClaros Mortgage Trust, Inc. (NYSE:CMTG) Receives $13.70 Consensus PT from AnalystsSeptember 21, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Claros Mortgage Trust, Inc. (CMTG) and Marriott International (MAR)October 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 15, 2023 | msn.comClaros Mortgage Trust: Price Rise Possible, But It's RiskyAugust 16, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc.'s (NYSE:CMTG) latest 5.4% decline adds to one-year losses, institutional investors may consider drastic measuresAugust 3, 2023 | msn.comWell Fargo sees high lending risk for Claros Mortgage Trust, cuts ratingAugust 3, 2023 | markets.businessinsider.comJMP Securities Remains a Hold on Claros Mortgage Trust, Inc. (CMTG)August 2, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. (CMTG) Reports Q2 Loss, Misses Revenue EstimatesOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.August 1, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. Reports Second Quarter 2023 ResultsJuly 31, 2023 | finance.yahoo.comFranklin BSP (FBRT) Beats Q2 Earnings and Revenue EstimatesJuly 20, 2023 | finance.yahoo.comClaros Mortgage Trust Insiders Placed Bullish Bets Worth US$515kMay 23, 2023 | finance.yahoo.comClaros Mortgage Trust (NYSE:CMTG) sheds US$89m, company earnings and investor returns have been trending downwards for past yearMay 8, 2023 | msn.comClaros Mortgage Trust's Return On Capital Employed InsightsMay 4, 2023 | finance.yahoo.comQ1 2023 Claros Mortgage Trust Inc Earnings CallMay 4, 2023 | seekingalpha.comClaros Mortgage Trust, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 2, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. (CMTG) Q1 Earnings and Revenues Miss EstimatesMay 2, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. Reports First Quarter 2023 ResultsMay 1, 2023 | msn.comPreview: Claros Mortgage Trust's EarningsApril 26, 2023 | finance.yahoo.comFranklin BSP (FBRT) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseMarch 30, 2023 | nasdaq.comClaros Mortgage Trust (CMTG) Passes Through 13% Yield MarkMarch 29, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. Announces 2023 Annual Meeting of StockholdersMarch 2, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. to Present at Citi Global Property CEO ConferenceFebruary 23, 2023 | nasdaq.comClaros Mortgage Trust Enters Oversold TerritoryFebruary 22, 2023 | benzinga.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Claros Mortgage Trust, Inc. - CMTGFebruary 20, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. (NYSE:CMTG) Q4 2022 Earnings Call TranscriptFebruary 19, 2023 | seekingalpha.comClaros Mortgage Trust, Inc. (CMTG) Q4 2022 Earnings Call TranscriptSee More Headlines Receive CMTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Claros Mortgage Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address CMTG Company Calendar Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Last Earnings8/01/2023Ex-Dividend for 10/13 Dividend9/28/2023Today10/04/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate Sub-IndustryN/A SectorFinance Current SymbolNYSE:CMTG CUSIPN/A CIK1666291 Webwww.clarosmortgage.com Phone212-484-0050FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$13.70 High Stock Price Forecast$18.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+28.2%Consensus RatingReduce Rating Score (0-4)1.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.41 Trailing P/E Ratio26.07 Forward P/E Ratio23.76 P/E GrowthN/ANet Income$112.06 million Net Margins19.46% Pretax Margin19.52% Return on Equity5.15% Return on Assets1.53% Debt Debt-to-Equity Ratio2.10 Current Ratio35.27 Quick Ratio35.27 Sales & Book Value Annual Sales$287.20 million Price / Sales5.15 Cash Flow$1.39 per share Price / Cash Flow7.70 Book Value$17.75 per share Price / Book0.60Miscellaneous Outstanding Shares138,390,000Free Float135,480,000Market Cap$1.48 billion OptionableNot Optionable Beta1.70 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Richard Jay Mack J.D. (Age 55)Chairman & CEO Mr. John Michael McGillis CPA (Age 62)Pres & Director Mr. Jai Agarwal (Age 49)Chief Financial Officer Comp: $479.57kMr. Jeffrey David Siegel (Age 47)Exec. VP, Gen. Counsel & Sec. Comp: $274.18kMr. Kevin Cullinan (Age 36)Exec. VP of Originations Ms. Priyanka Garg (Age 48)Exec. VP of Portfolio & Asset Management Ms. Anh Huynh (Age 47)VP of Investor Relations Mr. Daniel Rosenblum (Age 39)VP & Treasurer More ExecutivesKey CompetitorsCushman & WakefieldNYSE:CWKGetty RealtyNYSE:GTYForestar GroupNYSE:FORUrban Edge PropertiesNYSE:UEKennedy-WilsonNYSE:KWView All CompetitorsInstitutional OwnershipCalifornia State Teachers Retirement SystemBought 27,260 shares on 8/21/2023Ownership: 0.093%Osaic Holdings Inc.Sold 3,758 shares on 8/21/2023Ownership: 0.005%Nuveen Asset Management LLCSold 2,776 shares on 8/16/2023Ownership: 0.178%Royal Bank of CanadaBought 4,304 shares on 8/15/2023Ownership: 0.007%Citadel Advisors LLCBought 400 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions CMTG Stock - Frequently Asked Questions Should I buy or sell Claros Mortgage Trust stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Claros Mortgage Trust in the last year. There are currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" CMTG shares. View CMTG analyst ratings or view top-rated stocks. What is Claros Mortgage Trust's stock price forecast for 2023? 6 equities research analysts have issued 1 year target prices for Claros Mortgage Trust's shares. Their CMTG share price forecasts range from $10.00 to $18.00. On average, they anticipate the company's stock price to reach $13.70 in the next year. This suggests a possible upside of 28.2% from the stock's current price. View analysts price targets for CMTG or view top-rated stocks among Wall Street analysts. How have CMTG shares performed in 2023? Claros Mortgage Trust's stock was trading at $14.71 at the start of the year. Since then, CMTG stock has decreased by 27.3% and is now trading at $10.69. View the best growth stocks for 2023 here. Are investors shorting Claros Mortgage Trust? Claros Mortgage Trust saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,640,000 shares, a drop of 7.9% from the August 31st total of 1,780,000 shares. Based on an average daily trading volume, of 194,900 shares, the short-interest ratio is presently 8.4 days. Currently, 1.3% of the company's shares are short sold. View Claros Mortgage Trust's Short Interest. When is Claros Mortgage Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our CMTG earnings forecast. How were Claros Mortgage Trust's earnings last quarter? Claros Mortgage Trust, Inc. (NYSE:CMTG) issued its quarterly earnings results on Tuesday, August, 1st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.40. The firm earned $80.93 million during the quarter, compared to analyst estimates of $80.99 million. Claros Mortgage Trust had a net margin of 19.46% and a trailing twelve-month return on equity of 5.15%. How often does Claros Mortgage Trust pay dividends? What is the dividend yield for Claros Mortgage Trust? Claros Mortgage Trust declared a quarterly dividend on Tuesday, September 19th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.25 per share on Friday, October 13th. This represents a $1.00 annualized dividend and a dividend yield of 9.35%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for CMTG. What ETFs hold Claros Mortgage Trust's stock? ETFs with the largest weight of Claros Mortgage Trust (NYSE:CMTG) stock in their portfolio include WisdomTree Alternative Income Fund (HYIN), VanEck Mortgage REIT Income ETF (MORT) and Hoya Capital High Dividend Yield ETF (RIET).Global X SuperDividend ETF (SDIV). Is Claros Mortgage Trust a good dividend stock? Claros Mortgage Trust (NYSE:CMTG) pays an annual dividend of $1.00 per share and currently has a dividend yield of 9.08%. CMTG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 243.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CMTG will have a dividend payout ratio of 153.85% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for CMTG. When did Claros Mortgage Trust IPO? (CMTG) raised $106 million in an initial public offering (IPO) on Wednesday, November 3rd 2021. The company issued 5,524,934 shares at a price of $18.65-$19.65 per share. What is Claros Mortgage Trust's stock symbol? Claros Mortgage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMTG." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Claros Mortgage Trust's stock price today? One share of CMTG stock can currently be purchased for approximately $10.69. How much money does Claros Mortgage Trust make? Claros Mortgage Trust (NYSE:CMTG) has a market capitalization of $1.48 billion and generates $287.20 million in revenue each year. The company earns $112.06 million in net income (profit) each year or $0.41 on an earnings per share basis. How can I contact Claros Mortgage Trust? The official website for the company is www.clarosmortgage.com. The company can be reached via phone at 212-484-0050 or via email at cmtgir@mackregroup.com. This page (NYSE:CMTG) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Claros Mortgage Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.