Claros Mortgage Trust Inc (NYSE:CMTG) has a beta value of 1.30 and has seen 0.55 million shares traded in the recent trading session. The company, currently valued at $455.65M, closed the recent trade at $3.27 per share which meant it gained $0.08 on the day or 2.49% during that session. The CMTG stock price is -198.17% off its 52-week high price of $9.75 and 34.86% above the 52-week low of $2.13.
The consensus among analysts is that Claros Mortgage Trust Inc (CMTG) is Hold stock at the moment, with a recommendation rating of 3.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 2 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.28.
Claros Mortgage Trust Inc (NYSE:CMTG) trade information
Sporting 2.49% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CMTG stock price touched $3.27 or saw a rise of 2.1%. Year-to-date, Claros Mortgage Trust Inc shares have moved -27.67%, while the 5-day performance has seen it change 42.15%. Over the past 30 days, the shares of Claros Mortgage Trust Inc (NYSE:CMTG) have changed -0.62%.
Wall Street analysts have a consensus price target for the stock at $18.25, which means that the shares’ value could jump 82.08% from the levels at last check today. The projected low price target is $17.5 while the price target rests at a high of $19.0. In that case, then, we find that the latest price level in today’s session is -481.04% off the targeted high while a plunge would see the stock gain -435.17% from the levels at last check today.
Claros Mortgage Trust Inc (CMTG) estimates and forecasts
The company’s shares have lost -57.76% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -19.83%.
2 analysts offering their estimates for the company have set an average revenue estimate of 41.91M for the current quarter. 2 have an estimated revenue figure of 45.31M for the next ending quarter. Year-ago sales stood 58.83M and 64.49M respectively for this quarter and the next, and analysts expect sales will shrink by -28.75% for the current quarter and -19.83% for the next.
CMTG Dividends
Claros Mortgage Trust Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.30 at a share yield of 9.17%. The company’s dividend yield has gone up over the past 12 months.
Claros Mortgage Trust Inc (NYSE:CMTG)’s Major holders
The top two institutional holders are HYUNDAI INVESTMENTS CO., LTD. with over 27.4 million shares worth more than $219.76 million. As of 2024-06-30, HYUNDAI INVESTMENTS CO., LTD. held 19.7026% of shares outstanding.
The other major institutional holder is KOCH INDUSTRIES INC, with the holding of over 15.13 million shares as of 2024-06-30. The firm’s total holdings are worth over $121.32 million and represent 10.8766% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Dec 31, 2024, the former fund manager holds about 2.57% shares in the company for having 3.59 shares of worth $11.68 million while later fund manager owns 3.02 shares of worth $9.82 million as of Dec 31, 2024, which makes it owner of about 2.16% of company’s outstanding stock.
