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MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Macron booed by French farmers who blame him for not doing enough to support agriculture
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Macron booed by French farmers who blame him for not doing enough to support agriculture
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Macron booed by French farmers who blame him for not doing enough to support agriculture
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
NYSE:CMTG

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

$9.31
-0.50 (-5.10%)
(As of 02/23/2024 ET)
Today's Range
$9.30
$9.73
50-Day Range
$9.31
$14.48
52-Week Range
$9.15
$15.25
Volume
476,678 shs
Average Volume
344,142 shs
Market Capitalization
$1.29 billion
P/E Ratio
465.73
Dividend Yield
10.74%
Price Target
$10.58

Claros Mortgage Trust MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
13.7% Upside
$10.58 Price Target
Short Interest
Bearish
2.31% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of Claros Mortgage Trust in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.14 out of 5 stars

Finance Sector

759th out of 854 stocks

Real Estate Industry

23rd 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. 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.

CMTG Stock Price History

CMTG Stock News Headlines

[BREAKING] Pentagon to Spend Billions on "Living Missile"
Air Force Magazine calls it "transformational." The Wall Street Journal calls it one of the Pentagon's "highest priorities." National Defense Magazine reports "Eye-popping budget" for it. This small company won the first contract to build them!
CMTG Mar 2024 10.000 call
Q4 2023 Claros Mortgage Trust Inc Earnings Call
Claros Mortgage Trust: Q4 Earnings Insights
Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
Claros Mortgage Trust (CMTG) Scheduled to Post Earnings on Tuesday
BTIG Keeps Their Hold Rating on Claros Mortgage Trust, Inc. (CMTG)
Q3 2023 Claros Mortgage Trust Inc Earnings Call
Earnings Preview: Claros Mortgage Trust
Claros Mortgage Trust, Inc. (5WO.F)
See More Headlines
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Company Calendar

Last Earnings
2/17/2023
Ex-Dividend for 1/12 Dividend
12/28/2023
Dividend Payable
1/12/2024
Today
2/25/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$10.58
High Stock Price Target
$11.00
Low Stock Price Target
$9.75
Potential Upside/Downside
+13.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$112.06 million
Pretax Margin
1.97%

Debt

Sales & Book Value

Annual Sales
$306.55 million
Cash Flow
$1.33 per share
Book Value
$16.58 per share

Miscellaneous

Free Float
135,831,000
Market Cap
$1.29 billion
Optionable
Optionable
Beta
1.73

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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

Should I buy or sell Claros Mortgage Trust stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Claros Mortgage Trust in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street research 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 target for 2024?

4 brokerages have issued 12-month price objectives for Claros Mortgage Trust's stock. Their CMTG share price targets range from $9.75 to $11.00. On average, they predict the company's stock price to reach $10.58 in the next twelve months. This suggests a possible upside of 13.7% 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 2024?

Claros Mortgage Trust's stock was trading at $13.63 on January 1st, 2024. Since then, CMTG stock has decreased by 31.7% and is now trading at $9.31.
View the best growth stocks for 2024 here
.

Are investors shorting Claros Mortgage Trust?

Claros Mortgage Trust saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 2,970,000 shares, an increase of 8.8% from the January 15th total of 2,730,000 shares. Based on an average daily trading volume, of 349,900 shares, the short-interest ratio is currently 8.5 days. Approximately 2.3% of the company's shares are sold short.
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 7th 2024.
View our CMTG earnings forecast
.

How were Claros Mortgage Trust's earnings last quarter?

Claros Mortgage Trust, Inc. (NYSE:CMTG) released its earnings results on Friday, February, 17th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.03. The business earned $83.62 million during the quarter, compared to analyst estimates of $88.73 million. Claros Mortgage Trust had a net margin of 1.97% and a trailing twelve-month return on equity of 2.01%. During the same period in the prior year, the firm posted $0.30 EPS.

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 Thursday, December 14th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.25 per share on Friday, January 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.74%. The ex-dividend date of this dividend is Thursday, December 28th.
Read our dividend analysis for CMTG
.

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 10.19%. CMTG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,002.50%. Payout ratios above 75% are not desirable because they may not be sustainable.
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).

When did Claros Mortgage Trust IPO?

(CMTG) raised $106 million in an IPO on Wednesday, November 3rd 2021. The company issued 5,524,934 shares at a price of $18.65-$19.65 per share.

Who are Claros Mortgage Trust's major shareholders?

Claros Mortgage Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.24%), Teacher Retirement System of Texas (5.41%), Wafra Inc. (2.34%), Charles Schwab Investment Management Inc. (0.63%), Northern Trust Corp (0.63%) and Mirae Asset Global Investments Co. Ltd. (0.42%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CMTG) was last updated on 2/25/2024 by MarketBeat.com Staff