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Claros Mortgage Trust Reports Large Losses, Restructures Portfolio

Story Highlights
  • Claros Mortgage Trust posted large 2025 losses as higher credit reserves hit earnings and book value.
  • The REIT aggressively resolved loans, reduced leverage, refinanced debt, and cut watchlist exposure to reposition its portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Claros Mortgage Trust Reports Large Losses, Restructures Portfolio

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Claros Mortgage Trust ( (CMTG) ) has shared an update.

Claros Mortgage Trust reported a GAAP net loss of $219.2 million for the fourth quarter and $489.1 million for full-year 2025, reflecting significant credit provisioning and stress across parts of its transitional commercial real estate loan book. The REIT also posted distributable loss for both periods, as it increased CECL reserves to $443.1 million, or about 10.9% of unpaid principal balance, while its book value stood at $10.69 per share at year-end.

Operationally, the company accelerated balance-sheet cleanup in 2025 by resolving 21 loans totaling $2.5 billion in unpaid principal balance and reducing net financings outstanding by $1.7 billion through deleveraging payments. Subsequent to year-end, Claros resolved an additional four loans totaling $388.7 million, cut its watchlist loans by 45% from the prior year-end, refinanced its secured term loan with a new $500 million facility maturing in 2030, and modestly improved liquidity, moves management says support its ongoing portfolio repositioning strategy.

The most recent analyst rating on (CMTG) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Claros Mortgage Trust stock, see the CMTG Stock Forecast page.

Spark’s Take on CMTG Stock

According to Spark, TipRanks’ AI Analyst, CMTG is a Neutral.

The score is primarily held down by weak financial performance (losses, negative margins, and deteriorating cash flow) and high leverage. Technicals remain soft with the stock below key moving averages and negative MACD. Offsetting factors include improving liquidity and deleveraging progress from management actions and the new financing that extends maturities, but these do not fully overcome ongoing credit and profitability challenges.

To see Spark’s full report on CMTG stock, click here.

More about Claros Mortgage Trust

Claros Mortgage Trust, Inc. is a real estate investment trust focused on originating senior and subordinate loans on transitional commercial real estate assets in major U.S. markets. The company is externally managed by Claros REIT Management LP, an affiliate of Mack Real Estate Credit Strategies, L.P., and targets income from a diversified loan portfolio backed by commercial properties.

Average Trading Volume: 393,436

Technical Sentiment Signal: Sell

Current Market Cap: $360.4M

For detailed information about CMTG stock, go to TipRanks’ Stock Analysis page.

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