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The closing price of Claros Mortgage Trust Inc (NYSE: CMTG) was $2.95 for the day, down -5.14% from the previous closing price of $3.11. In other words, the price has decreased by -$5.14 from its previous closing price. On the day, 1.18 million shares were traded.
Ratios:
Our analysis of CMTG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.46. In the meantime, Its Debt-to-Equity ratio is 2.44 whereas as Long-Term Debt/Eq ratio is at 1.63.
On September 20, 2024, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $8.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 29 ’24 when Mack Richard bought 40,000 shares for $6.90 per share. The transaction valued at 276,000 led to the insider holds 2,591,853 shares of the business.
Siegel Jeffrey D bought 5,000 shares of CMTG for $36,150 on May 28 ’24. The insider now owns 167,242 shares after completing the transaction at $7.23 per share. On May 28 ’24, another insider, WALTER W EDWARD, who serves as the Director of the company, bought 7,000 shares for $7.21 each. As a result, the insider paid 50,470 and bolstered with 13,760 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 0.20.
Stock Price History:
Over the past 52 weeks, CMTG has reached a high of $9.92, while it has fallen to a 52-week low of $2.95. The 50-Day Moving Average of the stock is -30.14%, while the 200-Day Moving Average is calculated to be -56.89%.
Shares Statistics:
A total of 139.36M shares are outstanding, with a floating share count of 113.30M. Insiders hold about 18.70% of the company’s shares, while institutions hold 65.26% stake in the company.
Earnings Estimates
Claros Mortgage Trust Inc (CMTG) is presently subject to a detailed evaluation by 5.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.12, with high estimates of $0.22 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.13 and $0.02 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.37, with 5.0 analysts recommending between $0.84 and $0.1.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $65M to a low estimate of $57M. As of the current estimate, Claros Mortgage Trust Inc’s year-ago sales were $75.97MFor the next quarter, 3 analysts are estimating revenue of $48.07M. There is a high estimate of $52M for the next quarter, whereas the lowest estimate is $44.14M.
A total of 4 analysts have provided revenue estimates for CMTG’s current fiscal year. The highest revenue estimate was $257.73M, while the lowest revenue estimate was $246M, resulting in an average revenue estimate of $251.28M. In the same quarter a year ago, actual revenue was $306.55MBased on 4 analysts’ estimates, the company’s revenue will be $228.88M in the next fiscal year. The high estimate is $274.44M and the low estimate is $179.08M.
