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CMTG — Claros Mortgage Trust News Story

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Claros Mortgage Trust Q4 net loss at $219.2 mln

Overview

Real estate investment trust's Q4 GAAP net loss was $219.2 mln

Company resolved five loans totaling $483.9 mln of UPB in Q4

Company executed sales of signage and office floors for $24.1 mln

Outlook

Company believes momentum will advance strategy and reposition portfolio in 2026

Result Drivers

LOAN RESOLUTIONS - Claros Mortgage Trust resolved five loans totaling $483.9 mln of UPB in Q4, including full repayments and discounted payoffs

CREDIT LOSS PROVISIONS - Provision for CECL reserves of $211.7 mln in Q4, reflecting cautious approach to potential credit losses

DELEVERAGING - Net financings outstanding decreased by $500 mln in Q4, including $305 mln of deleveraging payments

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Net Income-$219.21 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "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 $3.00, about 22.4% above its February 18 closing price of $2.45 Press Release: ID:nBwbJJPjva For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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