Claros Mortgage Trust Inc (CMTG) concluded trading on Wednesday at a closing price of $4.02, with 3.64 million shares of worth about $14.63 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -49.36% during that period and on Wednesday the price saw a loss of about -2.19%. Currently the company’s common shares owned by public are about 139.36M shares, out of which, 113.17M shares are available for trading.
Stock saw a price change of 17.54% in past 5 days and over the past one month there was a price change of 36.27%. Year-to-date (YTD), CMTG shares are showing a performance of -11.06% which decreased to -57.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.13 but also hit the highest price of $9.75 during that period. The average intraday trading volume for Claros Mortgage Trust Inc shares is 1.07 million. The stock is currently trading 32.52% above its 20-day simple moving average (SMA20), while that difference is up 21.48% for SMA50 and it goes to -36.31% lower than SMA200.
Claros Mortgage Trust Inc (NYSE: CMTG) currently have 139.36M outstanding shares and institutions hold larger chunk of about 65.14% of that.
The stock has a current market capitalization of $560.24M and its 3Y-monthly beta is at 1.03. It has posted earnings per share of -$1.59 in the same period. It has a debt-to-equity ratio of 2.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CMTG, volatility over the week remained 9.91% while standing at 9.14% over the month.
Analysts are in expectations that Claros Mortgage Trust Inc (CMTG) stock would likely to be making an EPS of -0.28 in the current quarter, while forecast for next quarter EPS is -0.04 and it is 0.24 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.32 which is -0.25 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.12 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 87.00% while it is estimated to increase by 379.91% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on January 10, 2025 offering a Buy rating for the stock and assigned a target price of $6 to it. Coverage by Wells Fargo stated Claros Mortgage Trust Inc (CMTG) stock as an Underweight in their note to investors on September 20, 2024, suggesting a price target of $8 for the stock. On July 19, 2024, BTIG Research Resumed their recommendations, while on December 06, 2023, UBS Resumed their ratings for the stock with a price target of $11.50. Stock get an Equal weight rating from Wells Fargo on August 03, 2023.
