CMTG is a real estate investment trust that is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the U.S. CMTG is externally managed and advised by Claros REIT Management LP, an affiliate of Mack Real Estate Credit Strategies, L.P. Additional information can be found on the Company’s website at www.clarosmortgage.com.
![Claros Mortgage Trust logo](/files/LOGO/1666291-CMTG.png)
Company profile
Ticker
CMTG
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
474074900
CMTG stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
24 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
10 Jun 24
8-K
Regulation FD Disclosure
21 May 24
8-K
Other Events
10 May 24
424B5
Prospectus supplement for primary offering
10 May 24
POSASR
Automatic shelf registration (post-effective amendment)
10 May 24
8-K
Claros Mortgage Trust, Inc. Reports First Quarter 2024 Results
6 May 24
10-Q
2024 Q1
Quarterly report
6 May 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
Transcripts
CMTG
Earnings call transcript
2023 Q4
21 Feb 24
CMTG
Earnings call transcript
2023 Q3
1 Nov 23
CMTG
Earnings call transcript
2023 Q2
2 Aug 23
CMTG
Earnings call transcript
2023 Q2
2 Aug 23
CMTG
Earnings call transcript
2023 Q1
3 May 23
CMTG
Earnings call transcript
2022 Q4
17 Feb 23
CMTG
Earnings call transcript
2022 Q3
13 Nov 22
CMTG
Earnings call transcript
2022 Q2
6 Aug 22
CMTG
Earnings call transcript
2022 Q1
15 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 251.77 mm | 251.77 mm | 251.77 mm | 251.77 mm | 251.77 mm | 251.77 mm |
Cash burn (monthly) | (no burn) | 17.86 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 69.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 182.71 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 10.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
39.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 29 |
Opened positions | 19 |
Closed positions | 1 |
Increased positions | 1 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 9.76 bn |
Total shares | 54.42 mm |
Total puts | 0.00 |
Total calls | 53.20 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Beaverhead Capital | 15.13 mm | $247.93 mm |
BAE Systems Pension Funds Investment Management | 14.46 mm | $245.85 mm |
NB Alternatives Advisers | 8.75 mm | $143.41 mm |
Teacher Retirement System Of Texas | 7.50 mm | $73.21 mm |
Pingan Real Estate Capital | 7.31 mm | $124.51 mm |
BK Bank Of New York Mellon | 371.86 k | $3.63 bn |
Van Eck Associates | 324.36 k | $3.17 mm |
Swiss National Bank | 218.18 k | $2.13 bn |
Compagnie Lombard Odier SCmA | 92.50 k | $902.80 mm |
Nisa Investment Advisors | 46.71 k | $467.52 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jul 24 | Tese Vincent | DEFERRED STOCK UNITS COMMON STOCK | Grant | Acquire A | No | No | 0 | 3,564 | 0.00 | 21,333 |
1 Jul 24 | Steven Leonard Richman | DEFERRED STOCK UNITS COMMON STOCK | Grant | Acquire A | No | No | 0 | 2,534 | 0.00 | 15,503 |
4 Jun 24 | Walter W Edward | DEFERRED STOCK UNITS COMMON STOCK | Grant | Acquire A | No | No | 0 | 14,869 | 0.00 | 14,869 |
4 Jun 24 | Pamela Liebman | COMMON STOCK | Grant | Acquire A | No | No | 0 | 14,869 | 0.00 | 34,505 |
4 Jun 24 | Derrick D Cephas | DEFERRED STOCK UNITS COMMON STOCK | Grant | Acquire A | No | No | 0 | 14,869 | 0.00 | 14,869 |
News
BTIG Assumes Claros Mortgage Trust at Neutral
19 Jul 24
JP Morgan Maintains Neutral on Claros Mortgage Trust, Raises Price Target to $9
16 Jul 24
4 Analysts Assess Claros Mortgage Trust: What You Need To Know
11 Jun 24
JMP Securities Reiterates Market Perform on Claros Mortgage Trust
11 Jun 24
Why American Eagle Outfitters Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session
30 May 24
Press releases
Claros Mortgage Trust, Inc. Announces Dates for Second Quarter 2024 Earnings Release and Conference Call
22 Jul 24
Claros Mortgage Trust, Inc. Declares Common Stock Dividend
14 Jun 24
Mack Real Estate Group Affiliate Prevails at Auction for 2,300+ Acres at Taiwan Semiconductor Campus in Phoenix
29 May 24
Claros Mortgage Trust, Inc. to Present at Nareit's REITweek: 2024 Investor Conference
15 May 24
Claros Mortgage Trust, Inc. Reports First Quarter 2024 Results
6 May 24