In the last trading session, 1.42 million Claros Mortgage Trust Inc (NYSE:CMTG) shares changed hands as the company’s beta touched 1.28. With the company’s per share price at $2.48 changed hands at -$0.18 or -6.77% during last session, the market valuation stood at $345.62M. CMTG’s last price was a discount, traded about -293.15% off its 52-week high of $9.75. The share price had its 52-week low at $2.13, which suggests the last value was 14.11% up since then. When we look at Claros Mortgage Trust Inc’s average trading volume, we note the 10-day average is 1.11 million shares, with the 3-month average coming to 1.26 million.
Analysts gave the Claros Mortgage Trust Inc (CMTG) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.33. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended CMTG as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Claros Mortgage Trust Inc’s EPS for the current quarter is expected to be -0.28.
Claros Mortgage Trust Inc (NYSE:CMTG) trade information
Instantly CMTG was in red as seen at the end of in last trading. With action -32.24%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -45.13%, with the 5-day performance at -32.24% in the red. However, in the 30-day time frame, Claros Mortgage Trust Inc (NYSE:CMTG) is -22.26% down. Looking at the short shares, we see there were 3.78 million shares sold at short interest cover period of 1.95 days.
The consensus price target for the stock as assigned by Wall Street analysts is 18.25, meaning bulls need an upside of 86.41% from its current market value. According to analyst projections, CMTG’s forecast low is 17.5 with 19 as the target high. To hit the forecast high, the stock’s price needs a -666.13% plunge from its current level, while the stock would need to soar -605.65% for it to hit the projected low.
Claros Mortgage Trust Inc (CMTG) estimates and forecasts
Year-over-year growth is forecast to reach -19.83% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 41.91M. 2 analysts are of the opinion that Claros Mortgage Trust Inc’s revenue for the current quarter will be 45.31M. The company’s revenue for the corresponding quarters a year ago was 58.83M and 64.49M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -28.75%. The estimates for the next quarter sales put growth at -29.74%.
The 2025 estimates are for Claros Mortgage Trust Inc earnings to increase by 64.36%.
CMTG Dividends
Claros Mortgage Trust Inc is expected to release its next quarterly earnings report on 2025-Feb-18. The 14.11% annual yield figure for the share gives it an annual dividend of 0.35. It is important to note, however, that the 14.11% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Claros Mortgage Trust Inc (NYSE:CMTG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 17.62% of Claros Mortgage Trust Inc shares while 69.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 83.98%. There are 69.19% institutions holding the Claros Mortgage Trust Inc stock share, with HYUNDAI INVESTMENTS CO., LTD. the top institutional holder. As of 2024-06-30, the company held 19.7026% of the shares, roughly 27.4 million CMTG shares worth $219.76 million.
KOCH INDUSTRIES INC holds the second largest percentage of outstanding shares, with 10.8766% or 15.13 million shares worth $121.32 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 3.59 shares estimated at $8.9 million under it, the former controlled 2.57% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.16% of the shares, roughly 3.02 shares worth around $7.48 million.
