Claros Mortgage Trust

Claros Mortgage Trust, Inc. is a commercial real estate finance company that focuses on originating senior and subordinate loans on transitional CRE assets located in U.S. markets. The transitional CRE assets are properties that require repositioning, renovation, rehabilitation, leasing, development or redevelopment or other value-added elements in order to maximize value. Its objective is to provide debt capital for transitional CRE assets and, in doing so, to generate risk-adjusted returns for its stockholders over time, primarily through dividends. The company was founded on April 29, 2015 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Claros Mortgage Trust (CMTG) reports solid Q4 earnings amidst cautious outlook

Claros Mortgage Trust (CMTG) delivered solid financial performance in Q4 2022, navigating market challenges with a cautious outlook for 2023. The company's proactive asset management and focus on differentiation position it well for potential growth opportunities in diverse sectors.

Claros Mortgage Trust (CMTG) maintains stability amid market uncertainties

Claros Mortgage Trust (CMTG) navigated a quiet quarter for new originations with a focus on stable credit quality and a cautious approach towards 2023 amidst market uncertainties and declining real estate values.

Claros Mortgage Trust reports solid Q2 earnings amidst real estate challenges

Claros Mortgage Trust's Q2 earnings call highlighted a resilient portfolio focused on multifamily properties, with a strong emphasis on liquidity management and increasing shareholder value. Despite industry challenges, the company remains proactive in addressing issues and seeking opportunities for growth.

Claros Mortgage Trust reports stable earnings amidst market uncertainties

Claros Mortgage Trust (CMTG) navigated market uncertainties by focusing on portfolio management and strategic asset sales to enhance liquidity and asset quality.
Despite a dividend reduction, the company reported distributable earnings covering the revised dividend, reflecting financial stability and prudent resource management.
Maintaining a diversified portfolio composition with a strong emphasis on the multifamily sector positions CMTG well to capitalize on sector-specific opportunities and navigate market challenges.
With a healthy liquidity position and moderate debt levels, CMTG has the flexibility to pursue strategic investments and address investor concerns through transparent communication.

Claros Mortgage Trust reports resilient performance amidst real estate challenges

Claros Mortgage Trust's Q4 earnings call highlighted solid performance metrics, proactive liquidity management, and a strategic focus on asset quality. The company faces challenges in the real estate market but remains well-positioned to capitalize on opportunities through effective financial planning and market adaptation.

Claros Mortgage Trust navigates market challenges with proactive strategies

Claros Mortgage Trust reported a GAAP net loss in Q1 2024, emphasizing proactive asset management and strategic portfolio optimization amidst market challenges.
Efforts towards managing liquidity, financing, and deleveraging reflect a prudent financial strategy to navigate uncertainties and optimize shareholder value.
The company faces challenges from volatile inflation, decreasing real estate valuations, and limited transaction volumes but is focused on proactive strategies for resilience.

Claros Mortgage Trust (CMTG) strategizes on distressed assets and growth

CMTG navigated challenges with a strategic focus on multifamily assets and distressed loans.
Analysts' inquiries highlighted concerns around reserves, distressed loans, and capital needs.
Opportunities in the bridge loan market and capital sources offer avenues for growth.

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Claros Mortgage Trust, Inc. (CMTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Claros Mortgage Trust, Inc. (CMTG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NEW YORK--( BUSINESS WIRE )--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2022 financial results after the closing of trading on the New York Stock Exchange on Thursday, February 16, 2023.

Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2022 Earnings Release and Conference Call

NEW YORK--( BUSINESS WIRE )--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2022 common stock dividends. The following table summarizes CMTG's common stock dividend payments per share for the tax year ended December 31, 2022:

Claros Mortgage Trust, Inc. Announces Tax Treatment of 2022 Dividends

Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q3 2022 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Anh Huynh - VP IR Richard Mack - Chairman and CEO Mike McGillis - President and Director Jai Agarwal - CFO Priyanka Garg - EVP, Portfolio and Asset Management Kevin Cullinan - EVP, Originations Conference Call Participants Don Fandetti - Wells Fargo Rick Shane - JPMorgan Steve Delaney - JMP Securities Jade Rahmani - KBW Operator Welcome to the Claros Mortgage Trust Third Quarter 2022 Earnings Conference Call. My name is Elliot, and I'll be your conference facilitator today.

Claros Mortgage Trust, Inc. (CMTG) Q3 2022 Earnings Call Transcript

Claros Mortgage Trust, Inc. (CMTG) delivered earnings and revenue surprises of -8.33% and 1.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Claros Mortgage Trust, Inc. (CMTG) Lags Q3 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2022.

Claros Mortgage Trust, Inc. Reports Third Quarter 2022 Results

Claros Mortgage Trust, Inc. (CMTG) Earnings Expected to Grow: Should You Buy?

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2022 financial results after the closing of trading on the New York Stock Exchange on Wednesday, November 9, 2022.

Claros Mortgage Trust, Inc. Announces Dates for Third Quarter 2022 Earnings Release and Conference Call

Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Anh Huynh - Vice President of Investor Relations Richard Mack - Chairman & Chief Executive Officer Mike McGillis - President & Director Jai Agarwal - Chief Financial Officer Kevin Cullinan - Executive Vice President of Originations Conference Call Participants Rick Shane - JPMorgan Don Fandetti - Wells Fargo Jade Rahmani - KBW Steve Delaney - JMP Securities Operator Welcome to today's Claros Mortgage for our Second Quarter 2022 Earnings Conference Call. My name is Candice and I will be your operator for today's conference.

Claros Mortgage Trust, Inc. (CMTG) CEO Richard Mack on Q2 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2022. The Company's second quarter 2022 GAAP net income was $63.2 million, or $0.45 per diluted share of common stock, and Distributable Earnings (a non-GAAP financial measure defined below), including realized losses, was $60.0 million, or $0.43 per diluted share of common stock and was $71.5 million, or $0.51 per diluted share of com

Claros Mortgage Trust, Inc. Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it has changed the time of its second quarter 2022 earnings conference call to 9:00 a.m. ET on Wednesday, August 3, 2022. The conference call was previously scheduled for 10:00 a.m. ET on that date. The conference call may be accessed by dialing 1-844-200-6205 and referencing the Claros Mortgage Trust, Inc. teleconference call; access code 572675. The conference call will also be b

Claros Mortgage Trust, Inc. Announces Time Change for Second Quarter 2022 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its second quarter 2022 financial results after the closing of trading on the New York Stock Exchange on Tuesday, August 2, 2022. A conference call to discuss CMTG's financial results will be held on Wednesday, August 3, 2022, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-844-200-6205 and referencing the Claros Mortgage Trust, Inc. teleconferenc

Claros Mortgage Trust, Inc. Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

Here is how Claros Mortgage Trust, Inc. (CMTG) and CVB Financial (CVBF) have performed compared to their sector so far this year.

Is Claros Mortgage Trust, Inc. (CMTG) Outperforming Other Finance Stocks This Year?

Here is how Claros Mortgage Trust, Inc. (CMTG) and Farmland Partners (FPI) have performed compared to their sector so far this year.

Has Claros Mortgage Trust, Inc. (CMTG) Outpaced Other Finance Stocks This Year?

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that J. Michael McGillis, President and Director, and Jai Agarwal, Chief Financial Officer, will present at Nareit's REITweek: 2022 Investor Conference on June 7, 2022, at 11:00 a.m. ET. A live audio webcast of the presentation may be accessed through the Events and Presentations section of CMTG's website at www.clarosmortgage.com/investor-relations/events-and-presentations. For those u

Claros Mortgage Trust, Inc. to Present at Nareit's REITweek: 2022 Investor Conference

Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q1 2022 Earnings Conference Call May 11, 2022 10:00 AM ET Company Participants Anh Huynh - Vice President of Investor Relations Richard Mack - Chief Executive Officer and Chairman Mike McGillis - President and Director Jai Agarwal - Chief Financial Officer Kevin Cullinan - Executive Vice President of Originations Conference Call Participants Richard Shane - J.P. Morgan Steven DeLaney - JMP Securities Jade Rahmani - Keefe, Bruyette & Woods Brock Vandervliet - UBS Operator Welcome to Claros Mortgage Trust First Quarter 2022 Earnings Conference Call.

Claros Mortgage Trust, Inc. (CMTG) CEO Richard Mack on Q1 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2022. The Company's first quarter 2022 GAAP net income was $29.4 million, or $0.21 per diluted share of common stock, and Net Distributable Earnings (a non-GAAP financial measure defined below) was $33.5 million, or $0.24 per diluted share of common stock. First Quarter 2022 Highlights Significant loan origination activity, originatin

Claros Mortgage Trust, Inc. Reports First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2022 financial results after the closing of trading on the New York Stock Exchange on Tuesday, May 10, 2022. A conference call to discuss CMTG's financial results will be held on Wednesday, May 11, 2022, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-844-200-6205 and referencing the Claros Mortgage Trust, Inc. teleconference cal

Claros Mortgage Trust, Inc. Announces First Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2022 Annual Meeting of Stockholders virtually on June 1, 2022, beginning at 1:00 p.m. ET. Stockholders can attend the virtual annual meeting via the internet at www.virtualshareholdermeeting.com/CMTG2022. Stockholders of record as of the close of business on April 11, 2022 will be eligible to vote their shares and submit questions electronically in advance of and d

Claros Mortgage Trust, Inc. Announces 2022 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended December 31, 2021. The Company's fourth quarter 2021 GAAP net income was $17.0 million, or $0.12 per diluted share of common stock, and Net Distributable Earnings (a non-GAAP financial measure defined below) was $40.9 million, or $0.30 per diluted share of common stock. Fourth Quarter 2021 Highlights Significant increase in loan origination and

Claros Mortgage Trust, Inc. Reports Fourth Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2021 financial results after the closing of trading on the New York Stock Exchange on Monday, March 14, 2022. A conference call to discuss CMTG's financial results will be held on Tuesday, March 15, 2022, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-844-200-6205 and referencing the Claros Mortgage Trust,

Claros Mortgage Trust, Inc. Announces Fourth Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2021 common stock dividends. The following table summarizes CMTG's common stock dividend payments per share for the tax year ended December 31, 2021:   Record Date Payment Date Distribution per Share(1) Adjustment Dividend(2) Ordinary Dividends(3) Qualified Dividends Capital Gain Dividends 12/22/2020 1/4/2021 $0.37 ($0.36) $0.01 $0.0103 $0.0000 $0.0002 3/19/2021

Claros Mortgage Trust, Inc. Announces Tax Treatment of 2021 Dividends

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the appointment of Jai Agarwal as its Chief Financial Officer. Mr. Agarwal will succeed J. Michael McGillis, who will continue in his role as President of CMTG. This appointment will be effective following the filing of the Company's Annual Report on Form 10-K for the 2021 fiscal year, which currently is estimated to occur around March 15, 2022. “Jai brings over two decades of industry

Claros Mortgage Trust, Inc. Appoints Jai Agarwal Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it originated and acquired approximately $1.8 billion of loan commitments in the fourth quarter of 2021. “We closed out 2021 with an exceptionally strong loan origination performance as we continued to deploy capital prudently and efficiently,” said Richard Mack, Chief Executive Officer and Chairman of CMTG. “Outstanding execution was key to our success. We closed $1.8 billion in n

Claros Mortgage Trust, Inc. Announces Fourth Quarter 2021 Originations and Acquisitions of $1.8 Billion

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2021. The Company's third quarter 2021 GAAP net income was $52.9 million, or $0.40 per diluted share of common stock, and Net Distributable Earnings (a non-GAAP financial measure defined below) was $45.3 million, or $0.34 per diluted share of common stock. Third Quarter 2021 Highlights Significant increase in origination activity,

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