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Claros Mortgage Trust Q1 2024 Earnings Report

Claros Mortgage Trust logo
$4.24 +0.13 (+3.16%)
(As of 12/20/2024 05:30 PM ET)

Claros Mortgage Trust EPS Results

Actual EPS
$0.20
Consensus EPS
$0.16
Beat/Miss
Beat by +$0.04
One Year Ago EPS
N/A

Claros Mortgage Trust Revenue Results

Actual Revenue
$58.83 million
Expected Revenue
$63.64 million
Beat/Miss
Missed by -$4.81 million
YoY Revenue Growth
N/A

Claros Mortgage Trust Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Claros Mortgage Trust Earnings Headlines

Claros Mortgage Shares Slide on Dividend Pause
Claros Mortgage Trust, Inc. Pauses Common Stock Dividend
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Claros Mortgage Trust Highlights Strategic Investment Approach
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About Claros Mortgage Trust

Claros Mortgage Trust (NYSE:CMTG) operates as a real estate investment trust. It focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was incorporated in 2015 and is headquartered in New York, New York.

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