Claros Mortgage Trust: A Commercial Lender Focusing On Transitional Assets [Seeking Alpha]
Claros Mortgage Trust, Inc. (CMTG)
Company Research
Source: Seeking Alpha
Play 14min Summary Claros Mortgage Trust focuses on originating senior and mezzanine loans for transitional commercial real estate assets, primarily in large markets like California and New York. CMTG's portfolio includes multifamily, hospitality, and mixed-use assets, with loans typically ranging from $50 to $300 million, and a 98% floating rate portfolio. The REIT faces significant execution risk due to its focus on underperforming transitional assets and an external management fee structure that may not always align with shareholder interests. Rising interest rates and high-risk loan ratings have led to poor performance and dividend cuts, earning CMTG a Hold rating amidst challenging market conditions. shaunl/E+ via Getty Images Who Is Claros Mortgage Trust? Claros Mortgage Trust ( NYSE: CMTG ) is a real estate finance company that originates senior and subordinate loans on “transitional” commercial real estate assets. CMTG loans across the United States but focu
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. (NYSE: CMTG) had its price target raised by analysts at Keefe, Bruyette & Woods from $6.75 to $7.25. They now have an "underperform" rating on the stock.MarketBeat
- Claros Mortgage Trust Inc (CMTG) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Claros Mortgage Trust, Inc. Reports Third Quarter 2024 ResultsBusiness Wire
- Claros Mortgage Trust, Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Claros Mortgage Trust, Inc. (NYSE: CMTG) had its price target lowered by analysts at JPMorgan Chase & Co. from $9.00 to $6.50. They now have a "neutral" rating on the stock.MarketBeat
CMTG
Earnings
- 11/7/24 - Miss
CMTG
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 10/3/24 - Form 4
- CMTG's page on the SEC website