Claros Mortgage Trust (CMTG) Expected to Announce Earnings on Wednesday

Claros Mortgage Trust (NYSE:CMTG) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect Claros Mortgage Trust to post earnings of ($0.32) per share and revenue of $41.91 million for the quarter.

Claros Mortgage Trust (NYSE:CMTG) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The firm had revenue of $60.23 million for the quarter, compared to analyst estimates of $58.07 million. Claros Mortgage Trust had a negative net margin of 89.07% and a positive return on equity of 4.72%.

Claros Mortgage Trust Stock Performance

Shares of Claros Mortgage Trust stock opened at $2.48 on Wednesday. The firm has a market cap of $345.62 million, a PE ratio of -1.56 and a beta of 1.12. The firm’s 50-day simple moving average is $3.00 and its 200-day simple moving average is $4.40. The company has a debt-to-equity ratio of 2.08, a quick ratio of 20.68 and a current ratio of 25.67. Claros Mortgage Trust has a 1 year low of $2.13 and a 1 year high of $9.81.

Wall Street Analyst Weigh In

CMTG has been the topic of a number of recent analyst reports. UBS Group cut their target price on shares of Claros Mortgage Trust from $5.25 to $3.50 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. Wells Fargo & Company dropped their price objective on shares of Claros Mortgage Trust from $8.00 to $3.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 25th. Finally, Keefe, Bruyette & Woods decreased their target price on Claros Mortgage Trust from $4.00 to $2.50 and set an “underperform” rating for the company in a research note on Thursday, February 27th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Claros Mortgage Trust has an average rating of “Hold” and an average price target of $3.88.

Insider Transactions at Claros Mortgage Trust

In other Claros Mortgage Trust news, CEO Richard Mack purchased 115,000 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was bought at an average cost of $3.19 per share, for a total transaction of $366,850.00. Following the completion of the acquisition, the chief executive officer now directly owns 2,564,981 shares in the company, valued at $8,182,289.39. This represents a 4.69 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mike Mcgillis acquired 24,115 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were bought at an average price of $3.30 per share, for a total transaction of $79,579.50. Following the acquisition, the chief financial officer now owns 475,945 shares in the company, valued at approximately $1,570,618.50. This trade represents a 5.34 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased 169,115 shares of company stock valued at $547,930 over the last three months. 1.40% of the stock is owned by corporate insiders.

Claros Mortgage Trust Company Profile

Claros Mortgage Trust, Inc operates as a real estate investment trust. It focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.