Real Estate -
REIT - Mortgage - NYSE - US
$ 2.305
-4.66 %
$ 321 M
Market Cap
-1.41
P/E
1. INTRINSIC VALUE
Balance Sheet
Claros Mortgage Trust, Inc.
| Current Assets | 99.1 M |
| Cash & Short-Term Investments | 99.1 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 42.3 M |
| Long-Term Investments | 42.3 M |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 27 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 27 M |
| Non-Current Liabilities | 1.7 B |
| Long-Term Debt | 1.7 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Claros Mortgage Trust, Inc.
| Revenue | 97.8 M |
| Cost Of Revenue | 0 |
| Gross Profit | 97.8 M |
| Operating Expenses | 57.8 M |
| Operating Income | -220 M |
| Other Expenses | 770 K |
| Net Income | -221 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Claros Mortgage Trust, Inc.
| Net Income | -221 M |
| Depreciation & Amortization | 1.42 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 18.3 M |
| Change in Working Capital | -24.7 M |
| Others | 286 M |
| Free Cash Flow | 84.5 M |
Wall Street Analysts Price Targets
Claros Mortgage Trust, Inc.
CMTG has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
2.25%
DIVIDEND YIELD
0.1 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Claros Mortgage Trust, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
585 K USD 3
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.67 M USD 5
9-12 MONTHS
7. News
Claros Mortgage Trust, Inc. Announces 2025 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2025 Annual Meeting of Stockholders virtually on June 4, 2025, beginning at 1:00 p.m. ET. Stockholders can attend the virtual annual meeting via the internet at www.virtualshareholdermeeting.com/CMTG2025. Stockholders of record as of the close of business on April 7, 2025 will be eligible to vote their shares and submit questions electronically in advance of and du.
businesswire.com
- 1 month ago
Bad Vibes, Positive Results
US equity markets slumped this week - while benchmark interest rates tumbled to two-month lows - after downbeat economic data and cautious corporate commentary sparked concern over slowing economic growth. Compounded by some unsettling COVID-related headlines late in the week, investors adopted a more "risk off" position after consumer and business survey data picked up a sudden negative sentiment shift. After notching a pair of record-highs early in the week, a two-day tumble sent the S&P 500 lower by 1.6% on the week. Small-Caps and Mid-Caps both dipped over 3%.
seekingalpha.com
- 2 months ago
Claros Mortgage Trust, Inc. (CMTG) Q4 2024 Earnings Call Transcript
Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Anh Huynh - Vice President of Investor Relations Richard Mack - Chief Executive Officer and Chairman Michael McGillis - President, Chief Financial Officer and Director Priyanka Garg - Executive Vice President, Portfolio and Asset Management Conference Call Participants Richard Shane - JPMorgan Doug Harter - UBS Jade Rahmani - KBW Chris Muller - Citizens JMP Thomas Catherwood - BTIG Operator Welcome to Claros Mortgage Trust Fourth Quarter 2024 Earnings Conference Call. My name is Mary and I will be your conference facilitator today.
seekingalpha.com
- 2 months ago
Claros Mortgage Trust, Inc. (CMTG) Q4 Earnings Beat Estimates
Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.31 per share a year ago.
zacks.com
- 2 months ago
Claros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2024 Results
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter and year ended December 31, 2024. The Company reported GAAP net loss of $100.7 million and $221.3 million, or $0.72 and $1.60 per share, for the quarter and year ended December 31, 2024, respectively. Distributable Loss (a non-GAAP financial measure defined below) was $83.2 million and $95.7 million, or $0.59 and $0.67 per share, for the quarter and.
businesswire.com
- 2 months ago
Trust In Claros Mortgage
Claros Mortgage Trust trades at an 80% discount to book value, despite a more measured decline in book value per share. The company's high debt level amplifies the impact of asset write-downs on equity value, contributing to the stock's decline. Management's expertise and low exposure to troubled office space, along with a focus on multifamily projects, offer some stability.
seekingalpha.com
- 2 months ago
Analysts Estimate Claros Mortgage Trust, Inc. (CMTG) to Report a Decline in Earnings: What to Look Out for
Claros Mortgage Trust, Inc. (CMTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 months ago
Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2024 financial results after the closing of trading on the New York Stock Exchange on Wednesday, February 19, 2025. A conference call to discuss CMTG's financial results will be held on Thursday, February 20, 2025, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortga.
businesswire.com
- 2 months ago
Claros Mortgage Trust, Inc. Announces Tax Treatment of 2024 Dividends
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2024 common stock dividends. The following table summarizes CMTG's common stock dividend payments per share for the tax year ended December 31, 2024: Record Date Payment Date Cash Distribution Adjustment Dividend Ordinary Dividends(1) Qualified Dividends Capital Gain Dividends Non Dividend Distributions 12/29/2023 1/12/2024 $0.00 $0.25 $0.25(2) $0.1264 $0.0000 $.
businesswire.com
- 2 months ago
What Makes Claros Mortgage Trust, Inc. (CMTG) a New Strong Buy Stock
Claros Mortgage Trust, Inc. (CMTG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
zacks.com
- 3 months ago
Best Value Stocks to Buy for January 24th
CMTG, ICL and CARE made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 24, 2025.
zacks.com
- 3 months ago
Best Income Stocks to Buy for January 24th
ICL, PX and CMTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 24, 2025.
zacks.com
- 3 months ago
8. Profile
Summary
Claros Mortgage Trust, Inc. CMTG
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 321 M
Dividend Yield
2.25%
Description
Claros 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.
Contact
60 Columbus Circle, New York, NY, 10023
https://www.clarosmortgage.com
IPO
Date
Nov. 3, 2021
Employees
None
Officers
Mr. Daniel Rosenblum
Vice President & Treasurer
Mr. Jeffrey David Siegel
Executive Vice President, General Counsel & Secretary
Mr. John Michael McGillis CPA
President, Chief Financial Officer, Principal Financial & Accounting Officer and Director
Mr. Richard Jay Mack J.D.
Chairman & Chief Executive Officer
Ms. Priyanka Garg
Executive Vice President of Portfolio & Asset Management
Ms. Anh Huynh
Vice President of Investor Relations