| Claros Mortgage Trust, Inc. (CMTG) Q1 2025 Earnings Call Transcript |
Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Anh Huynh - Vice President of Investor Relations Richard Mack - Chief Executive Officer and Chairman Michael McGillis - President, Chief Financial Officer and Director Priyanka Garg - Executive Vice President, Portfolio and Asset Management Conference Call Participants Doug Harter - UBS Rick Shane - JPMorgan Jade Rahmani - KBW Operator Welcome to the Claros Mortgage Trust First Quarter 2025 Earnings Conference Call. My name is Becky, and I will be your conference facilitator today. |
seekingalpha.com |
2025-05-10 14:03:30 |
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| Claros Mortgage Trust, Inc. (CMTG) Reports Q1 Loss, Misses Revenue Estimates |
Claros Mortgage Trust, Inc. (CMTG) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to earnings of $0.20 per share a year ago. |
zacks.com |
2025-05-08 01:20:30 |
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| Claros Mortgage Trust, Inc. Reports First Quarter 2025 Results |
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, 2025. The Company reported GAAP net loss of $78.6 million, or $0.56 per share, for the quarter ended March 31, 2025. Distributable Loss (a non-GAAP financial measure defined below) was $35.7 million, or $0.25 per share, and Distributable Earnings prior to realized losses were $11.6 million, or $0.08 per share, for the quarter ended Ma. |
businesswire.com |
2025-05-07 21:26:00 |
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| Claros Mortgage Trust, Inc. Announces Dates for First Quarter 2025 Earnings Release and Conference Call |
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2025 financial results after the closing of trading on the New York Stock Exchange on Wednesday, May 7, 2025. A conference call to discuss CMTG's financial results will be held on Thursday, May 8, 2025, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortgage Trust, Inc. teleconference call. |
businesswire.com |
2025-04-23 20:33:00 |
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| Claros Mortgage Trust, Inc. Announces 2025 Annual Meeting of Stockholders |
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2025 Annual Meeting of Stockholders virtually on June 4, 2025, beginning at 1:00 p.m. ET. Stockholders can attend the virtual annual meeting via the internet at www.virtualshareholdermeeting.com/CMTG2025. Stockholders of record as of the close of business on April 7, 2025 will be eligible to vote their shares and submit questions electronically in advance of and du. |
businesswire.com |
2025-03-26 18:29:00 |
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| Bad Vibes, Positive Results |
US equity markets slumped this week - while benchmark interest rates tumbled to two-month lows - after downbeat economic data and cautious corporate commentary sparked concern over slowing economic growth. Compounded by some unsettling COVID-related headlines late in the week, investors adopted a more "risk off" position after consumer and business survey data picked up a sudden negative sentiment shift. After notching a pair of record-highs early in the week, a two-day tumble sent the S&P 500 lower by 1.6% on the week. Small-Caps and Mid-Caps both dipped over 3%. |
seekingalpha.com |
2025-02-23 11:00:00 |
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| Claros Mortgage Trust, Inc. (CMTG) Q4 2024 Earnings Call Transcript |
Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Anh Huynh - Vice President of Investor Relations Richard Mack - Chief Executive Officer and Chairman Michael McGillis - President, Chief Financial Officer and Director Priyanka Garg - Executive Vice President, Portfolio and Asset Management Conference Call Participants Richard Shane - JPMorgan Doug Harter - UBS Jade Rahmani - KBW Chris Muller - Citizens JMP Thomas Catherwood - BTIG Operator Welcome to Claros Mortgage Trust Fourth Quarter 2024 Earnings Conference Call. My name is Mary and I will be your conference facilitator today. |
seekingalpha.com |
2025-02-20 15:51:33 |
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| Claros Mortgage Trust, Inc. (CMTG) Q4 Earnings Beat Estimates |
Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.31 per share a year ago. |
zacks.com |
2025-02-19 21:11:04 |
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| Claros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2024 Results |
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter and year ended December 31, 2024. The Company reported GAAP net loss of $100.7 million and $221.3 million, or $0.72 and $1.60 per share, for the quarter and year ended December 31, 2024, respectively. Distributable Loss (a non-GAAP financial measure defined below) was $83.2 million and $95.7 million, or $0.59 and $0.67 per share, for the quarter and. |
businesswire.com |
2025-02-19 18:46:00 |
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| Trust In Claros Mortgage |
Claros Mortgage Trust trades at an 80% discount to book value, despite a more measured decline in book value per share. The company's high debt level amplifies the impact of asset write-downs on equity value, contributing to the stock's decline. Management's expertise and low exposure to troubled office space, along with a focus on multifamily projects, offer some stability. |
seekingalpha.com |
2025-02-14 15:53:22 |
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| Analysts Estimate Claros Mortgage Trust, Inc. (CMTG) to Report a Decline in Earnings: What to Look Out for |
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. |
zacks.com |
2025-02-12 13:06:22 |
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| Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call |
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 2024 financial results after the closing of trading on the New York Stock Exchange on Wednesday, February 19, 2025. A conference call to discuss CMTG's financial results will be held on Thursday, February 20, 2025, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortga. |
businesswire.com |
2025-02-10 18:23:00 |
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| Claros Mortgage Trust, Inc. Announces Tax Treatment of 2024 Dividends |
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2024 common stock dividends. The following table summarizes CMTG's common stock dividend payments per share for the tax year ended December 31, 2024: Record Date Payment Date Cash Distribution Adjustment Dividend Ordinary Dividends(1) Qualified Dividends Capital Gain Dividends Non Dividend Distributions 12/29/2023 1/12/2024 $0.00 $0.25 $0.25(2) $0.1264 $0.0000 $. |
businesswire.com |
2025-02-03 19:16:00 |
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| What Makes Claros Mortgage Trust, Inc. (CMTG) a New Strong Buy Stock |
Claros Mortgage Trust, Inc. (CMTG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). |
zacks.com |
2025-01-24 15:01:16 |
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| Best Value Stocks to Buy for January 24th |
CMTG, ICL and CARE made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 24, 2025. |
zacks.com |
2025-01-24 06:35:32 |
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| Best Income Stocks to Buy for January 24th |
ICL, PX and CMTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 24, 2025. |
zacks.com |
2025-01-24 05:25:40 |
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| New Strong Buy Stocks for January 20th |
TV, ALLT, CMTG, PLBC and ARGX have been added to the Zacks Rank #1 (Strong Buy) List on January 20, 2025. |
zacks.com |
2025-01-20 09:51:12 |
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| Best Value Stocks to Buy for January 20th |
PLBC, CMTG and NGD made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 20, 2025. |
zacks.com |
2025-01-20 08:30:19 |
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| Claros Mortgage Trust, Inc. (CMTG) Loses -37.88% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner |
Claros Mortgage Trust, Inc. (CMTG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. |
zacks.com |
2025-01-07 12:41:31 |
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| Claros Mortgage Trust: Dividend Suspension Will Benefit Company In Long-Term |
Claros Mortgage Trust suspended its dividend to preserve liquidity, reflecting the continued challenges in the CRE transitional lending industry. Suspending the dividend was a difficult and necessary step, but should allow the company more flexibility to optimize its balance going forward. CMTG stock is trading near all-time lows and with a price-to-book ratio of only 0.29, substantially less than peers BXMT and KREF. |
seekingalpha.com |
2024-12-30 07:50:38 |
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| Powell Plays Grinch |
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%. |
seekingalpha.com |
2024-12-22 11:00:00 |
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| Claros Mortgage Trust, Inc. Pauses Common Stock Dividend |
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) today announced that its Board of Directors suspended the Company's quarterly dividend on its common stock commencing with the fourth quarter dividend that would have otherwise been paid in January 2025. CMTG paid three regular quarterly dividends during the year totaling $0.60 per share of common stock, which exceeds its 2024 taxable income estimate. “Taking into consideration that CMTG has fulfilled. |
businesswire.com |
2024-12-16 19:58:00 |
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| Claros Mortgage Trust, Inc. (CMTG) Q3 2024 Earnings Call Transcript |
Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q3 2024 Results Conference Call November 8, 2024 10:00 AM ET Company Participants Anh Huynh - VP, IR Richard Mack - CEO and Chairman Mike McGillis - President and CFO Conference Call Participants Doug Harter - UBS Rick Shane - JPMorgan Steve DeLaney - Citizens, JMP Jade Rahmani - KBW Operator Welcome to Claros Mortgage Trust's Third Quarter 2024 Earnings Conference Call. My name is Bridget, and I will be your conference facilitator today. |
seekingalpha.com |
2024-11-08 16:06:08 |
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| Claros Mortgage Trust, Inc. (CMTG) Surpasses Q3 Earnings Estimates |
Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to loss of $0.16 per share a year ago. |
zacks.com |
2024-11-07 22:36:19 |
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| Claros Mortgage Trust, Inc. Reports Third Quarter 2024 Results |
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, 2024. The Company's third quarter 2024 GAAP net loss was $56.2 million, or $0.40 per share. Distributable Loss (a non-GAAP financial measure defined below) was $24.6 million, or $0.17 per share. Distributable Earnings prior to realized losses was $31.0 million, or $0.22 per share. Third Quarter 2024 Highlights $6.3 billion loan po. |
businesswire.com |
2024-11-07 18:28:00 |
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| Claros Mortgage Trust, Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call |
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2024 financial results after the closing of trading on the New York Stock Exchange on Thursday, November 7, 2024. A conference call to discuss CMTG's financial results will be held on Friday, November 8, 2024, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortgage Trust, Inc. teleconferen. |
businesswire.com |
2024-10-24 20:26:00 |
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| Claros Mortgage Trust: A Commercial Lender Focusing On Transitional Assets |
Claros Mortgage Trust focuses on originating senior and mezzanine loans for transitional commercial real estate assets, primarily in large markets like California and New York. CMTG's portfolio includes multifamily, hospitality, and mixed-use assets, with loans typically ranging from $50 to $300 million, and a 98% floating rate portfolio. The REIT faces significant execution risk due to its focus on underperforming transitional assets and an external management fee structure that may not always align with shareholder interests. |
seekingalpha.com |
2024-09-24 19:52:41 |
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| 3 'Beaten Down' Mortgage REITs: Darkest Before Dawn? |
Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of these mREITs has improved, making them potentially lucrative for patient, long-term investors. Granite Point Mortgage Trust, Claros Mortgage Trust, and Blackstone Mortgage Trust are rated as Speculative Buys due to their significant discounts to book value and growth prospects. |
seekingalpha.com |
2024-08-29 11:00:00 |
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| REIT Fantasy Football: 11 Companies To Start Your Team |
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio. |
seekingalpha.com |
2024-08-23 12:00:00 |
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| The Return Of Volatility |
In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory." |
seekingalpha.com |
2024-08-11 13:00:00 |
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| Claros Mortgage Trust, Inc. (CMTG) Q2 Earnings and Revenues Beat Estimates |
Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.10 per share a year ago. |
zacks.com |
2024-08-05 23:35:25 |
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| Claros Mortgage Trust, Inc. Announces Dates for Second Quarter 2024 Earnings Release and 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 2024 financial results after the closing of trading on the New York Stock Exchange on Monday, August 5, 2024. A conference call to discuss CMTG's financial results will be held on Tuesday, August 6, 2024, at 9:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortgage Trust, Inc. teleconference ca. |
businesswire.com |
2024-07-22 20:33:00 |
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| 3 High-Yield Dividend Stocks That Executives Love |
Who cares what financial “pundits” are yapping about? Show us the money. |
forbes.com |
2024-06-23 12:45:00 |
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| A Critical Cooldown |
U.S. equity markets posted a mixed performance this week, while benchmark interest rates dipped to two-month lows after a critical slate of inflation data showed an encouraging cooldown in price pressures. As expected, the Fed held rates steady at two-decade highs of 5.50%, but the committee's "dot plots" showed that the FOMC is now penciling in just one rate-cut in 2024. Posting a series of record highs throughout the week, the S&P 500 advanced another 1.6% to extend its year-to-date total returns to over 15%, but the gains were notably top-heavy. |
seekingalpha.com |
2024-06-16 13:00:00 |
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| Mack Real Estate Group Affiliate Prevails at Auction for 2,300+ Acres at Taiwan Semiconductor Campus in Phoenix |
NEW YORK & PHOENIX, Ariz.--(BUSINESS WIRE)--An affiliate of Mack Real Estate Group (MREG), Biscuit Flats Dev LLC, has prevailed at an auction held to sell the development rights to over 2,300 acres of fully entitled land immediately adjacent to Taiwan Semiconductor Manufacturing Corporation's (TSMC) semiconductor fabrication campus in Phoenix's North Valley, where TSMC has committed to invest $65 billion in its rapidly growing facilities, with significant further investment anticipated. The pro. |
businesswire.com |
2024-05-29 19:15:00 |
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| Claros Mortgage Trust, Inc. to Present at Nareit's REITweek: 2024 Investor Conference |
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that J. Michael McGillis, President and Chief Financial Officer, will present at Nareit's REITweek: 2024 Investor Conference on June 5, 2024, at 11:45 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 unable to listen to the live. |
businesswire.com |
2024-05-15 21:08:00 |
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| Claros Mortgage Trust, Inc. (CMTG) Q1 2024 Earnings Call Transcript |
Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Anh Huynh - VP, IR Richard Mack - CEO and Chairman Mike McGillis - President, CFO and Director Priyanka Garg - EVP, Portfolio and Asset Management Conference Call Participants Rick Shane - JPMorgan Doug Harter - UBS Don Fandetti - Wells Fargo Steve Delaney - JMP Securities Jade Rahmani - KBW Operator Welcome to Claros Mortgage Trust's First Quarter 2024 Earnings Conference Call. My name is Elliot, and I will be your conference facilitator today. |
seekingalpha.com |
2024-05-11 13:02:08 |
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| Claros Mortgage Trust, Inc. Reports First Quarter 2024 Results |
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, 2024. The Company's first quarter 2024 GAAP net loss was ($52.8 million), or ($0.39) per diluted share. Distributable Loss (a non-GAAP financial measure defined below) was ($16.8 million), or ($0.12) per diluted share. Distributable Earnings prior to realized losses was $27.7 million, or $0.20 per diluted share. First Quarter 2024 Hig. |
businesswire.com |
2024-05-06 20:23:00 |
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| Claros Mortgage Trust, Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call |
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2024 financial results after the closing of trading on the New York Stock Exchange on Monday, May 6, 2024. A conference call to discuss CMTG's financial results will be held on Tuesday, May 7, 2024, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortgage Trust, Inc. teleconference call; ac. |
businesswire.com |
2024-04-22 21:13:00 |
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