NYSE:CMTG Claros Mortgage Trust - CMTG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $11.81 +0.16 (+1.37%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.72▼$12.0350-Day Range$11.47▼$16.9652-Week Range$11.07▼$21.09Volume234,071 shsAverage Volume276,372 shsMarket Capitalization$1.65 billionP/E Ratio14.95Dividend Yield12.53%Price Target$17.80 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Claros Mortgage Trust MarketRank™ ForecastAnalyst RatingHold1.80 Rating ScoreUpside/Downside50.7% Upside$17.80 Price TargetShort InterestHealthy2.02% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.33Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.2.53 out of 5 starsFinance Sector395th out of 872 stocksReal Estate Industry8th out of 22 stocks 2.9 Analyst's Opinion Consensus RatingClaros Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 1.80, and is based on 1 buy rating, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.80, Claros Mortgage Trust has a forecasted upside of 50.7% from its current price of $11.81.Amount of Analyst CoverageClaros Mortgage Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.02% 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 9.5.Change versus previous monthShort interest in Claros Mortgage Trust has recently decreased by 11.90%, 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 12.90%, 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 187.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMTG. Previous Next 3.0 News and Social Media Coverage News SentimentClaros Mortgage Trust has a news sentiment score of 1.33. 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 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 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 0% 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 2.00% of the stock of Claros Mortgage Trust is held by insiders.Percentage Held by Institutions71.49% 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 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Claros Mortgage Trust is 14.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Claros Mortgage Trust is 14.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 140.07.Price to Book Value per Share RatioClaros Mortgage Trust has a P/B Ratio of 0.67. 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. 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.Read More 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 Stock News HeadlinesMarch 2, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. to Present at Citi Global Property CEO ConferenceFebruary 23, 2023 | nasdaq.comClaros Mortgage Trust Enters Oversold TerritoryMarch 22, 2023 | Upexi, Inc (Ad)Could This Be The Biggest Stock Of 2023?This Little Known Company Has Been Growing It's Revenue By Over 100% Year Over Year!February 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 TranscriptFebruary 18, 2023 | finance.yahoo.comQ4 2022 Claros Mortgage Trust Inc Earnings CallFebruary 16, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2022 ResultsMarch 22, 2023 | Upexi, Inc (Ad)Could This Be The Biggest Stock Of 2023?This Little Known Company Has Been Growing It's Revenue By Over 100% Year Over Year!February 16, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. (CMTG) Misses Q4 Earnings and Revenue EstimatesFebruary 15, 2023 | finance.yahoo.comArmour Residential REIT (ARR) Lags Q4 Earnings and Revenue EstimatesFebruary 10, 2023 | finance.yahoo.comInsiders might want to re-evaluate their US$519k stock purchase as Claros Mortgage Trust, Inc. (NYSE:CMTG) drops to US$2.2bFebruary 9, 2023 | finance.yahoo.comClaros Mortgage Trust, Inc. (CMTG) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseJanuary 10, 2023 | finance.yahoo.comGreat week for Claros Mortgage Trust, Inc. (NYSE:CMTG) institutional investors after losing 6.0% over the previous yearDecember 16, 2022 | benzinga.comLooking Into Claros Mortgage Trust's Return On Capital EmployedDecember 14, 2022 | finance.yahoo.comDespite the downward trend in earnings at Claros Mortgage Trust (NYSE:CMTG) the stock increases 5.0%, bringing one-year gains to 25%November 13, 2022 | seekingalpha.comClaros Mortgage Trust, Inc. (CMTG) Q3 2022 Earnings Call TranscriptNovember 11, 2022 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Doma Holdings (DOMA) and Claros Mortgage Trust, Inc. (CMTG)November 10, 2022 | finance.yahoo.comClaros Mortgage Trust, Inc. (CMTG) Lags Q3 Earnings and Revenue EstimatesNovember 9, 2022 | benzinga.comUPDATE: Claros Mortgage Trust Q3 Sales $76.42M Beat $65.59M EstimateNovember 9, 2022 | finance.yahoo.comClaros Mortgage Trust, Inc. Reports Third Quarter 2022 ResultsNovember 3, 2022 | finance.yahoo.comAltisource Portfolio Solutions (ASPS) Reports Q3 Loss, Lags Revenue EstimatesOctober 12, 2022 | nasdaq.comClaros Mortgage Trust Becomes Oversold (CMTG)September 28, 2022 | finance.yahoo.com10 Very High Yield Dividend Stocks to Check OutSeptember 10, 2022 | seekingalpha.comClaros Mortgage Trust (CMTG) Investor Presentation - SlideshowAugust 30, 2022 | wsj.comClaros Mortgage Trust Inc.August 30, 2022 | nasdaq.comOversold Conditions For Claros Mortgage Trust (CMTG)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 1/13 Dividend12/29/2022Dividend Payable1/13/2023Last Earnings2/17/2023Today3/21/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Next Earnings (Estimated)5/09/2023Fiscal 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$17.80 High Stock Price Forecast$22.00 Low Stock Price Forecast$15.50 Forecasted Upside/Downside+50.7%Consensus RatingHold Rating Score (0-4)1.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio14.95 Forward P/E Ratio7.77 P/E GrowthN/ANet Income$112.06 million Net Margins39.02% Pretax Margin39.05% Return on Equity7.65% Return on Assets2.40% Debt Debt-to-Equity Ratio2.03 Current Ratio51.56 Quick Ratio51.56 Sales & Book Value Annual Sales$287.20 million Price / Sales5.73 Cash Flow$1.47 per share Price / Cash Flow8.02 Book Value$17.75 per share Price / Book0.67Miscellaneous Outstanding Shares139,380,000Free Float136,588,000Market Cap$1.65 billion OptionableNot Optionable Beta1.89 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 Ms. Anh Huynh (Age 47)VP of Investor Relations Mr. Jeffrey David Siegel (Age 47)Exec. VP, Gen. Counsel & Sec. Mr. Kevin Cullinan (Age 36)Exec. VP of Originations Ms. Priyanka Garg (Age 48)Exec. VP of Portfolio & Asset Management Mr. Daniel Rosenblum (Age 39)VP & Treasurer More ExecutivesKey CompetitorsUrban Edge PropertiesNYSE:UEGetty RealtyNYSE:GTYArmada Hoffler PropertiesNYSE:AHHHudson Pacific PropertiesNYSE:HPPInnovative Industrial PropertiesNYSE:IIPRView All CompetitorsInsiders & InstitutionsTruist Financial CorpBought 37,560 shares on 2/17/2023Ownership: 0.027%Alliancebernstein L.P.Bought 6,700 shares on 2/16/2023Ownership: 0.070%State of WyomingSold 3,866 shares on 2/16/2023Ownership: 0.001%Jane Street Group LLCSold 2,436 shares on 2/15/2023Ownership: 0.053%Captrust Financial AdvisorsSold 1,115 shares on 2/15/2023Ownership: 0.030%View All Insider TransactionsView All Institutional Transactions CMTG Stock - Frequently Asked Questions Should I buy or sell Claros Mortgage Trust stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Claros Mortgage Trust in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMTG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMTG, but not buy additional shares or sell existing shares. View CMTG analyst ratings or view top-rated stocks. What is Claros Mortgage Trust's stock price forecast for 2023? 5 brokers have issued 12-month price targets for Claros Mortgage Trust's stock. Their CMTG share price forecasts range from $15.50 to $22.00. On average, they expect the company's share price to reach $17.80 in the next year. This suggests a possible upside of 50.7% 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 beginning of 2023. Since then, CMTG stock has decreased by 19.7% and is now trading at $11.81. View the best growth stocks for 2023 here. Are investors shorting Claros Mortgage Trust? Claros Mortgage Trust saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 2,590,000 shares, a decrease of 11.9% from the February 13th total of 2,940,000 shares. Based on an average trading volume of 271,700 shares, the short-interest ratio is presently 9.5 days. Approximately 2.0% of the company's stock 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 Tuesday, May 9th 2023. View our CMTG earnings forecast. How were Claros Mortgage Trust's earnings last quarter? Claros Mortgage Trust, Inc. (NYSE:CMTG) issued its earnings results on Friday, February, 17th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.03. The company earned $83.62 million during the quarter, compared to analysts' expectations of $88.73 million. Claros Mortgage Trust had a net margin of 39.02% and a trailing twelve-month return on equity of 7.65%. During the same quarter in the previous year, the business posted $0.30 earnings per share. How often does Claros Mortgage Trust pay dividends? What is the dividend yield for Claros Mortgage Trust? Claros Mortgage Trust announced a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be given a dividend of $0.37 per share on Friday, April 14th. This represents a $1.48 annualized dividend and a yield of 12.53%. The ex-dividend date of this dividend is Thursday, March 30th. 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 First Trust Small Cap Value AlphaDEX Fund (FYT). Is Claros Mortgage Trust a good dividend stock? Claros Mortgage Trust (NYSE:CMTG) pays an annual dividend of $1.48 per share and currently has a dividend yield of 12.90%. CMTG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 187.34%. Payout ratios above 75% are not desirable because they may not be sustainable. 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 $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." Who are Claros Mortgage Trust's major shareholders? Claros Mortgage Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (1.36%), Charles Schwab Investment Management Inc. (0.60%), Van ECK Associates Corp (0.18%), First Trust Advisors LP (0.17%), Renaissance Technologies LLC (0.14%) and Swiss National Bank (0.13%). Insiders that own company stock include Jeffrey D Siegel, Steven Leonard Richman and W Edward Walter. 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 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 $11.81. How much money does Claros Mortgage Trust make? Claros Mortgage Trust (NYSE:CMTG) has a market capitalization of $1.65 billion and generates $287.20 million in revenue each year. The company earns $112.06 million in net income (profit) each year or $0.79 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 3/22/2023 by MarketBeat.com Staff 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. 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