Claros Mortgage Trust Inc

CMTG · NYSE · Real Estate / REIT - Mortgage

1.60USD+0.02 (+1.27%)

Price History

Full chart

Market Stats

Previous Close1.58

Open1.58

Day Range1.57 – 1.62

52-Week Range1.27 – 3.62

Volume831.42K

Market Cap183.41M

P/E (TTM)0.00

Forward P/E18.59

EPS-3.77

Dividend Yield0.00%

Beta1.15

50-Day Avg1.75

200-Day Avg2.38

About

Claros Mortgage Trust, Inc. operates as a real estate investment trust. It focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to federal and state income tax on that portion of its income that is distributed to shareholders if it distributes at least 90% of its taxable income and complies with certain other requirements to quality as a REIT. Claros Mortgage Trust, Inc. was incorporated in 2015 and is headquartered in New York, New York.

Company Details

SectorReal Estate
IndustryREIT - Mortgage
CEOMr. Richard Jay Mack J.D.
Employees0
Headquarters60 Columbus Circle, New York, NY, United States, 10023, USA
Websitehttps://www.clarosmortgage.com

Leadership

Mr. Richard Jay Mack J.D.Chairman & CEO · b. 1968
Mr. John Michael McGillis CPAPresident, CFO, Principal Financial & Accounting Officer and Director · b. 1961
Mr. Jeffrey David SiegelExecutive VP, General Counsel & Secretary · b. 1976
Ms. Priyanka GargExecutive Vice President of Portfolio & Asset Management · b. 1976
Ms. Anh HuynhVice President of Investor Relations · b. 1977
Mr. Daniel RosenblumVP & Treasurer · b. 1985

Financials

Income Statement

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	167.17M	249.72M	273.07M	215.02M	270.20M	129.83M	170.67M	430.48M
Growth (%)	-	+49.38%	+9.35%	-21.26%	+25.66%	-51.95%	+31.45%	+152.23%
Cost of Revenue	28.07M	42.83M	46.73M	42.59M	84.36M	49.50M	105.97M	804.68M
Gross Profit	139.10M	249.72M	273.07M	215.02M	270.20M	80.33M	-48.81M	-374.20M
Gross Margin	83.21%	100.00%	100.00%	100.00%	100.00%	61.87%	-28.60%	-86.93%
Operating Expense	4.36M	80.96M	70.66M	44.47M	109.34M	-27.20M	141.56M	114.87M
Operating Income	134.74M	168.76M	202.41M	170.55M	160.86M	107.53M	-190.36M	-489.07M
Operating Margin	80.60%	67.58%	74.12%	79.32%	59.53%	82.82%	-111.54%	-113.61%
EBITDA	141.10M	168.76M	202.41M	177.50M	120.20M	185.65M	-178.46M	-487.87M
EBITDA Margin	84.41%	67.58%	74.12%	82.55%	44.48%	142.99%	-104.57%	-113.33%
Net Income	131.45M	168.76M	202.41M	170.55M	112.06M	6.03M	-221.26M	-489.07M
Net Income Margin	78.63%	67.58%	74.12%	79.32%	41.47%	4.64%	-129.65%	-113.61%
R&D	0.83	0.7	0.75	0.65	0.35	0.02	-	-
R&D as % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	0	139.75M	172.23M	196.23M	261.11M	494.14M	466.96M	338.15M
Interest Expense % of Total Revenue	0.00%	55.96%	63.07%	91.26%	96.64%	380.60%	273.61%	78.55%

Balance Sheet

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	3.87B	6.55B	6.95B	7.46B	8.24B	8.07B	6.97B	4.72B
Total Liabilities	1.98B	4.12B	4.47B	4.85B	5.79B	5.77B	4.96B	3.19B
Total Equity	1.85B	2.38B	2.45B	2.60B	2.46B	2.30B	2.01B	1.53B
Cash	69.43M	335.00M	427.51M	310.19M	306.46M	187.30M	99.08M	173.19M
Total Debt	1.43B	3.41B	3.73B	1.65B	2.59B	1.87B	4.89B	3.15B
Net Debt	1.37B	3.08B	3.31B	935.12M	1.39B	1.68B	4.79B	2.97B

Cash Flow

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	111.56M	129.55M	140.50M	213.56M	111.03M	111.14M	84.52M	-30.46M
Investing Cash Flow	-2.19B	-2.31B	-208.86M	-373.20M	-773.30M	-39.34M	779.91M	1.87B
Financing Cash Flow	1.71B	2.45B	161.32M	62.80M	676.30M	-205.07M	-945.82M	-1.78B
Capital Expenditure	0	0	0	11.46M	2.34M	2.09M	1.35M	2.72M
Free Cash Flow	111.56M	129.55M	140.50M	213.56M	108.69M	109.05M	83.17M	-33.18M
Dividends Paid	109.43M	185.43M	220.03M	204.94M	208.09M	192.16M	120.68M	0
FCF to OCF	100.00%	100.00%	100.00%	100.00%	97.89%	98.12%	98.40%	108.94%
Dividend Paid to FCF	98.09%	143.13%	156.61%	95.97%	191.46%	176.22%	145.11%	0.00%

Earnings

Report Date	Dec 31, 2018	Mar 31, 2019	Jun 30, 2019	Dec 31, 2019	Mar 31, 2020	Jun 30, 2020	Sep 30, 2020	Dec 31, 2020	Mar 31, 2021	Jun 30, 2021	Sep 1, 2021	Dec 13, 2021	Mar 14, 2022	May 10, 2022	Aug 2, 2022	Nov 9, 2022	Feb 16, 2023	May 2, 2023	Aug 1, 2023	Oct 31, 2023	Feb 20, 2024	May 6, 2024	Aug 5, 2024	Nov 7, 2024	Feb 19, 2025	May 7, 2025	Aug 6, 2025	Nov 5, 2025	Feb 18, 2026	May 5, 2026	Jul 29, 2026	Nov 4, 2026
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.28	0.35	0.30	0.33	0.44	0.33	0.39	0.33	0.34	0.34	0.28	0.23	0.18	0.13	0.13	-0.19	-0.01	-0.05	-0.15	-0.24	-0.42	-0.75
EPS Actual	0.43	0.41	0.24	0.43	0.40	0.42	0.35	0.35	0.44	0.31	0.30	0.40	0.30	0.21	0.45	0.30	0.38	0.26	0.35	-0.50	0.26	-0.12	0.20	-0.17	-0.59	-0.25	-0.77	-0.16	-0.72	-0.52	-0.64	-
Surprise	-	-	-	-	-	-	-	-	-	-	7.14%	14.29%	0.00%	-36.36%	2.27%	-9.09%	-2.56%	-21.21%	2.94%	-247.06%	-7.14%	-152.17%	11.11%	-230.77%	-553.85%	-31.58%	-7600.00%	-220.00%	-380.00%	-116.67%	-52.38%	-
Timing	-	-	-	-	-	-	-	-	-	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap183.41M

Enterprise Value2.66B

Trailing P/E0.00

Forward P/E18.59

Price / Sales18.02

Price / Book0.16

EPS-3.77

Book Value8.78

Revenue (TTM)-360.64M

Gross Profit (TTM)-439.11M

Profit Margin0.00%

Operating Margin121.26%

Return on Equity-35.96%

Return on Assets-11.15%

Shares Outstanding141.08M

Shares Float128.86M

Beta1.15

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Hold

Based on 6 analystsTarget 2.22

Strong Buy
1
Hold
3
Sell
1
Strong Sell
1

Ownership Breakdown

Institutions: 58.55%
Insiders: 18.44%
Retail / Other: 23.01%

Top Institutional Holders

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8.76M6.21%
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Vanguard Capital Management, LLC
5.37M3.81%
Charles Schwab Investment Management Inc
3.08M2.18%
Geode Capital Management, LLC
2.74M1.94%
Wafra Investment Advisory Group Inc
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State Street Corp
2.14M1.52%
LM Asset (IM) Inc.
1.85M1.31%
Hotchkis & Wiley Capital Management LLC
1.83M1.30%
GRATIA CAPITAL, LLC
1.70M1.21%
Citigroup Inc
1.08M0.77%
Vanguard Fiduciary Trust Co
854.90K0.61%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
4.09M2.90%
iShares Russell 2000 ETF
2.38M1.69%
iShares Mortgage Real Estate Capped ETF
1.20M0.85%
VanEck Mortgage REIT Income ETF
1.11M0.79%
Fidelity Small Cap Index
1.02M0.72%
Schwab Fundamental U.S. Small CompanyETF
975.16K0.69%

Dividends

20243×

0.10Sep 30, 20240.25Jun 28, 20240.25Mar 27, 2024

20234×

0.25Dec 28, 20230.25Sep 28, 20230.37Jun 29, 20230.37Mar 30, 2023

20224×

0.37Dec 29, 20220.37Sep 29, 20220.37Jun 29, 20220.37Mar 30, 2022

20211×

0.37Dec 30, 2021