Claros Mortgage Trust Inc Reports Mixed 2023 Financial Results [Yahoo! Finance]
Claros Mortgage Trust, Inc. (CMTG)
Company Research
Source: Yahoo! Finance
Loan Portfolio : $6.9 billion with a 9.1% weighted average all-in yield. Liquidity : Total liquidity of $238 million at the end of 2023. Dividend : Paid a cash dividend of $0.25 per share for Q4 2023. Warning! GuruFocus has detected 4 Warning Signs with CMTG. On February 20, 2024, Claros Mortgage Trust Inc ( NYSE:CMTG ) released its 8-K filing , detailing its financial results for the fourth quarter and the full year ended December 31, 2023. The company, a real estate investment trust, is known for its focus on originating senior and subordinate loans on transitional commercial real estate assets across major U.S. markets. Financial Performance Overview For the quarter ended December 31, 2023, CMTG reported a GAAP net income of $34.0 million, or $0.24 per diluted share, and for the full year, a net income of $6.0 million, or $0.02 per diluted share. The company's Distributable Earnings, a non-GAAP financial measure, were $36.9 million for the quarter and $39.9 million for
Show less
Read more
Impact Snapshot
Event Time:
CMTG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CMTG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CMTG alerts
High impacting Claros Mortgage Trust, Inc. news events
Weekly update
A roundup of the hottest topics
CMTG
News
- Claros Mortgage Trust, Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Claros Mortgage Trust, Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Claros Mortgage Trust, Inc. (NYSE: CMTG) had its price target lowered by analysts at Keefe, Bruyette & Woods from $9.75 to $9.50. They now have an "underperform" rating on the stock.MarketBeat
- Claros Mortgage Trust, Inc. (NYSE: CMTG) had its price target lowered by analysts at JPMorgan Chase & Co. from $11.00 to $9.50. They now have a "neutral" rating on the stock.MarketBeat
- Claros Mortgage Trust, Inc. Announces 2024 Annual Meeting of Stockholders [Yahoo! Finance]Yahoo! Finance
CMTG
Earnings
- 2/20/24 - Beat
CMTG
Analyst Actions
- 4/10/24 - JP Morgan
CMTG
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- CMTG's page on the SEC website