Wall Street analysts expect Claros Mortgage Trust Inc (NYSE: CMTG) to report earnings per share (EPS) of $ 0.30 for the current quarter, Zack reports. Zero analysts have released earnings estimates for Claros Mortgage Trust. The company is expected to publish its next results on Monday, March 14.
According to Zacks, analysts expect Claros Mortgage Trust to report annual earnings of $ 1.25 per share for the current fiscal year. For the next fiscal year, analysts predict the company will post earnings of $ 1.62 per share. Zacks’ earnings per share calculations are an average based on a survey of seller-side research companies that track Claros Mortgage Trust.
Claros Mortgage Trust (NYSE: CMTG) last released its quarterly earnings data on Monday, December 13. The company reported earnings per share (EPS) of $ 0.34 for the quarter, reaching the consensus estimate of $ 0.34.
Several equity analysts weighed on the company. JMP Securities provided coverage for Claros Mortgage Trust in a research report on Monday, November 29. They issued an “outperformance” rating and a target price of $ 19.00 for the company. JPMorgan Chase & Co. began covering Claros Mortgage Trust in a research report on Monday, November 29. They issued an “overweight” rating and a target price of $ 20.00 for the company. Keefe, Bruyette & Woods began covering Claros Mortgage Trust in a research report on Monday, November 29. They set a “market performance” rating and a price target of $ 18.00 for the company. Finally, the UBS Group began covering Claros Mortgage Trust in a research report on Monday, November 29. They set a “neutral” rating and a price target of $ 17.50 for the company.
NYSE CMTG traded up $ 0.66 in Friday’s session, reaching $ 16.77. The stock had a trading volume of 129,611 shares, compared to its average volume of 152,416. Claros Mortgage Trust has a twelve-month low of $ 14.96 and a twelve-month high of $ 18.59.
The company also recently unveiled an annual dividend, which will be paid on Saturday, January 15. Shareholders of record on Friday, December 31 will receive a dividend of $ 0.37 per share. This represents a dividend yield of 2.39%. The ex-dividend date for this dividend is Thursday, December 30.
Claros Mortgage Trust Company Profile
Claros Mortgage Trust Inc is a real estate investment trust that primarily focuses on providing senior and subordinate loans on transitional commercial real estate assets. Claros Mortgage Trust Inc is based in NEW YORK.
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