Positive News SentimentPositive NewsNYSE:CMTG Claros Mortgage Trust (CMTG) Stock Forecast, Price & News $11.27 -0.29 (-2.51%) (As of 01:51 PM ET) Add Compare Share Share Today's Range$11.18▼$11.4650-Day Range$10.25▼$11.9652-Week Range$10.08▼$19.79Volume100,084 shsAverage Volume287,640 shsMarket Capitalization$1.56 billionP/E Ratio13.42Dividend Yield13.13%Price Target$14.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Claros Mortgage Trust MarketRank™ ForecastAnalyst RatingHold1.60 Rating ScoreUpside/Downside28.8% Upside$14.50 Price TargetShort InterestHealthy1.43% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.2.46 out of 5 starsFinance Sector331st out of 862 stocksReal Estate Industry7th out of 23 stocks 2.8 Analyst's Opinion Consensus RatingClaros Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 1.60, and is based on no buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.50, Claros Mortgage Trust has a forecasted upside of 28.8% from its current price of $11.26.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 Shorted1.43% 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 6.4.Change versus previous monthShort interest in Claros Mortgage Trust has recently decreased by 5.42%, 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 13.31%, 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 176.19%. 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 2.6 News and Social Media Coverage News SentimentClaros Mortgage Trust has a news sentiment score of 1.75. 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 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Claros Mortgage Trust this week, compared to 1 article on an average week. 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 13.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Claros Mortgage Trust is 13.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 143.02.Price to Book Value per Share RatioClaros Mortgage Trust has a P/B Ratio of 0.63. 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 HeadlinesJune 1, 2023 | americanbankingnews.comClaros Mortgage Trust, Inc. (NYSE:CMTG) Short Interest Down 5.4% in MayMay 27, 2023 | americanbankingnews.comClaros Mortgage Trust (NYSE:CMTG) Sets New 1-Year Low at $10.08June 8, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 25, 2023 | americanbankingnews.comHead to Head Analysis: Claros Mortgage Trust (NYSE:CMTG) versus Fangdd Network Group (NASDAQ:DUO)May 24, 2023 | americanbankingnews.comClaros Mortgage Trust (NYSE:CMTG) Stock Price Down 4.6%May 23, 2023 | finance.yahoo.comClaros Mortgage Trust (NYSE:CMTG) sheds US$89m, company earnings and investor returns have been trending downwards for past yearMay 23, 2023 | americanbankingnews.comContrasting Claros Mortgage Trust (NYSE:CMTG) & Hang Lung Properties (OTCMKTS:HLPPY)May 18, 2023 | americanbankingnews.comHead-To-Head Survey: [email protected] Technology (OTCMKTS:LPTC) vs. Claros Mortgage Trust (NYSE:CMTG)June 8, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 8, 2023 | msn.comClaros Mortgage Trust's Return On Capital Employed InsightsMay 6, 2023 | americanbankingnews.comClaros Mortgage Trust (NYSE:CMTG) Reaches New 52-Week Low at $10.69May 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 29, 2023 | americanbankingnews.comClaros Mortgage Trust, Inc. (NYSE:CMTG) Receives $15.50 Consensus Price Target from BrokeragesApril 27, 2023 | americanbankingnews.comClaros Mortgage Trust (NYSE:CMTG) Now Covered by BTIG ResearchApril 26, 2023 | finance.yahoo.comFranklin BSP (FBRT) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseApril 25, 2023 | americanbankingnews.comClaros Mortgage Trust (CMTG) to Release Quarterly Earnings on TuesdayApril 24, 2023 | americanbankingnews.comClaros Mortgage Trust (NYSE:CMTG) Given New $11.50 Price Target at JPMorgan Chase & Co.March 30, 2023 | nasdaq.comClaros Mortgage Trust (CMTG) Passes Through 13% Yield MarkMarch 30, 2023 | americanbankingnews.comClaros Mortgage Trust (NYSE:CMTG) vs. Tejon Ranch (NYSE:TRC) Critical ReviewMarch 30, 2023 | americanbankingnews.comCritical Contrast: Tejon Ranch (NYSE:TRC) versus Claros Mortgage Trust (NYSE:CMTG)March 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 TerritorySee More Headlines CMTG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMTG Company Calendar Last Earnings2/17/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Today6/08/2023Next Earnings (Estimated)8/01/2023Fiscal 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$14.50 High Stock Price Forecast$18.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+28.4%Consensus RatingHold Rating Score (0-4)1.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.84 Trailing P/E Ratio13.44 Forward P/E Ratio10.65 P/E GrowthN/ANet Income$112.06 million Net Margins39.99% Pretax Margin40.04% Return on Equity8.03% Return on Assets2.45% Debt Debt-to-Equity Ratio2.10 Current Ratio44.98 Quick Ratio44.98 Sales & Book Value Annual Sales$287.20 million Price / Sales5.44 Cash Flow$1.45 per share Price / Cash Flow7.78 Book Value$17.75 per share Price / Book0.64Miscellaneous Outstanding Shares138,380,000Free Float135,608,000Market Cap$1.56 billion OptionableNot Optionable Beta1.72 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:GTYCushman & WakefieldNYSE:CWKInnovative Industrial PropertiesNYSE:IIPRForestar GroupNYSE:FORView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 1,010 shares on 5/26/2023Ownership: 0.008%Ameriprise Financial Inc.Bought 52,537 shares on 5/22/2023Ownership: 0.038%JPMorgan Chase & Co.Bought 23,137 shares on 5/18/2023Ownership: 0.096%New York State Common Retirement FundSold 3,414 shares on 5/18/2023Ownership: 0.046%Jane Street Group LLCBought 4,127 shares on 5/16/2023Ownership: 0.056%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 analysts have issued "buy," "hold," and "sell" ratings for Claros Mortgage Trust in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12-month price targets for Claros Mortgage Trust's stock. Their CMTG share price forecasts range from $11.00 to $18.00. On average, they anticipate the company's stock price to reach $14.50 in the next year. This suggests a possible upside of 28.4% 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 23.2% and is now trading at $11.29. 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 May. As of May 15th, there was short interest totaling 1,920,000 shares, a drop of 5.4% from the April 30th total of 2,030,000 shares. Based on an average daily volume of 299,600 shares, the short-interest ratio is currently 6.4 days. Currently, 1.4% 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, August 1st 2023. View our CMTG earnings forecast. How were Claros Mortgage Trust's earnings last quarter? Claros Mortgage Trust, Inc. (NYSE:CMTG) announced its quarterly earnings data on Friday, February, 17th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.41 by $0.03. The firm earned $83.62 million during the quarter, compared to analysts' expectations of $88.73 million. Claros Mortgage Trust had a net margin of 39.99% and a trailing twelve-month return on equity of 8.03%. During the same period in the previous year, the firm earned $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 Wednesday, March 15th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.37 per share on Friday, April 14th. This represents a $1.48 annualized dividend and a yield of 13.11%. The ex-dividend date 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), 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 13.31%. CMTG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 176.19%. 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 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." 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 shareholders include BlackRock Inc. (5.82%), Geode Capital Management LLC (1.42%), State Street Corp (1.40%), Charles Schwab Investment Management Inc. (0.60%), Bank of New York Mellon Corp (0.29%) and Van ECK Associates Corp (0.19%). 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 $11.29. How much money does Claros Mortgage Trust make? Claros Mortgage Trust (NYSE:CMTG) has a market capitalization of $1.56 billion and generates $287.20 million in revenue each year. The company earns $112.06 million in net income (profit) each year or $0.84 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 6/8/2023 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. 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