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Claros Mortgage Trust, Inc. (CMTG)
NYSE:CMTG
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.19Last Year’s EPS
0.2Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -10.49%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Neutral
The call presented a mix of positive achievements in liquidity and portfolio management against the backdrop of financial losses and market challenges. The company's strategic adjustments and collaborative lender relations are positives, but financial losses and market uncertainties weigh heavily.Company Guidance
During the Claros Mortgage Trust First Quarter 2025 Earnings Conference Call, several key metrics and strategic actions were highlighted. The company reported a GAAP net loss of $0.56 per share and a distributable loss of $0.25 per share, with distributable earnings before realized losses at $0.08 per share. The held-for-investment loan portfolio decreased to $5.9 billion from $6.1 billion in the previous quarter. Claros Mortgage Trust has successfully resolved five loans, receiving $607 million in proceeds, and reduced its hospitality exposure by $326 million. The company closed a $214 million facility to finance non-performing loans through the REO stage. During the first quarter, Claros sold a $101 million senior loan collateralized by a San Diego hotel at par, executed a discounted payoff of a $183 million New York land loan at 90% of par, and resolved additional loans totaling $314 million UPB after quarter-end. Liquidity at the end of March was $136 million, and the company is focusing on enhancing liquidity, reducing leverage, and optimizing watch list loans, with various strategies under consideration to navigate market volatility.Positive Liquidity and Leverage Outcomes
CMTG fully realized five loans, receiving $607 million in proceeds, improving liquidity, reducing leverage, and resolving watch list loans.
Reduction in Hospitality and Land Exposure
Hospitality exposure reduced by $326 million and land exposure in New York City decreased through strategic transactions.
Progress on Multifamily REO Strategy
Closed a $214 million facility for financing non-performing loans through the REO stage, aligning with the strategy to optimize cash flowing assets.
Constructive Engagement with Repo Counterparties
Extended Wells Fargo and Goldman Sachs repo facilities, demonstrating constructive and collaborative relationships.
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CMTG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CMTG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $2.67 | $2.43 | -8.99% |
Feb 19, 2025 | $2.89 | $3.00 | +3.81% |
Nov 07, 2024 | $7.04 | $7.51 | +6.68% |
Aug 05, 2024 | $8.61 | $8.48 | -1.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Claros Mortgage Trust, Inc. (CMTG) report earnings?
Claros Mortgage Trust, Inc. (CMTG) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Claros Mortgage Trust, Inc. (CMTG) earnings time?
Claros Mortgage Trust, Inc. (CMTG) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CMTG EPS forecast?
CMTG EPS forecast for the fiscal quarter 2025 (Q2) is -0.19.
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