In last trading session, Claros Mortgage Trust Inc (NYSE:CMTG) saw 0.52 million shares changing hands with its beta currently measuring 1.63. Company’s recent per share price level of $3.81 trading at -$0.07 or -1.80% at ring of the bell on the day assigns it a market valuation of $530.97M. That closing price of CMTG’s stock is at a discount of -237.53% from its 52-week high price of $12.86 and is indicating a discount of -0.26% from its 52-week low price of $3.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.6 million shares which gives us an average trading volume of 410.11K if we extend that period to 3-months.
For Claros Mortgage Trust Inc (CMTG), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.12 in the current quarter.
Claros Mortgage Trust Inc (NYSE:CMTG) trade information
Upright in the red during last session for losing -1.80%, in the last five days CMTG remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $3.81 price level, adding 16.26% to its value on the day. Claros Mortgage Trust Inc’s shares saw a change of -15.71% in year-to-date performance and have moved -12.21% in past 5-day. Claros Mortgage Trust Inc (NYSE:CMTG) showed a performance of -41.56% in past 30-days. Number of shares sold short was 3.89 million shares which calculate 13.32 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 18.25 to the stock, which implies a rise of 79.12% to its current value. Analysts have been projecting 17.5 as a low price target for the stock while placing it at a high target of 19. It follows that stock’s current price would drop -359.32% in reaching the projected high whereas dropping to the targeted low would mean a loss of -359.32% for stock’s current value.
Claros Mortgage Trust Inc (CMTG) estimates and forecasts
Statistics highlight that Claros Mortgage Trust Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -56.61% of value to its shares in past 6 months, showing an annual growth rate of -97.71% while that of industry is -15.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -18.20% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 58.21M for the same. And 2 analysts are in estimates of company making revenue of 50.27M in the next quarter. Company posted 75.97M and 58.83M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -45.83% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -92.48% while estimates for its earnings growth in next 5 years are of 29.00%.
Claros Mortgage Trust Inc (NYSE:CMTG)’s Major holders
Insiders are in possession of 17.51% of company’s total shares while institution are holding 74.09 percent of that, with stock having share float percentage of 89.82%. Investors also watch the number of corporate investors in a company very closely, which is 74.09% institutions for Claros Mortgage Trust Inc that are currently holding shares of the company. HYUNDAI INVESTMENTS CO., LTD. is the top institutional holder at CMTG for having 27.4 million shares of worth $219.76 million. And as of 2024-06-30, it was holding 19.7434 of the company’s outstanding shares.
The second largest institutional holder is KOCH INDUSTRIES INC, which was holding about 15.13 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.8991 of outstanding shares, having a total worth of $121.32 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 3.72 shares of worth $14.17 million or 2.67% of the total outstanding shares. The later fund manager was in possession of 2.96 shares on Sep 30, 2024 , making its stake of worth around $11.28 million in the company or a holder of 2.12% of company’s stock.