Picture of Claros Mortgage Trust logo

CMTG — Claros Mortgage Trust News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsAdventurousSmall CapValue Trap

Claros Mortgage Trust Inc reports results for the quarter ended June 30 - Earnings Summary

Claros Mortgage Trust Inc reports results for the quarter ended June 30 - Earnings Summary
  • Claros Mortgage Trust Inc CMTG.N reported a quarterly adjusted loss of 63 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -77 cents. The mean expectation of five analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -43 cents to -1 cents per share.

  • Revenue fell 42.5% to $29.71 million from a year ago; analysts expected $29.91 million.

  • Claros Mortgage Trust Inc's reported EPS for the quarter was a loss of $1.81​.

  • The company reported a quarterly loss of $255.43 million.

  • Claros Mortgage Trust Inc shares had fallen by 9.8% this quarter and lost 30.7% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 75.7% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."

  • Wall Street's median 12-month price target for Claros Mortgage Trust Inc is $2.50, about 17.2% above its last closing price of $2.07

This summary was machine generated from LSEG data July 29 at 11:14 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

-0.25

-0.63

Missed

Mar. 31 2026

-0.16

-0.52

Missed

Dec. 31 2025

-0.13

-0.71

Missed

Sep. 30 2025

-0.11

-0.15

Missed

Recent news on Claros Mortgage Trust

See all news