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Claros Mortgage Trust (CMTG) Stock Forecast & Price Target

$7.79
+0.14 (+1.83%)
(As of 09/6/2024 ET)

Claros Mortgage Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for Claros Mortgage Trust in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 6 analysts, 1 has given a sell rating, and 5 have given a hold rating for CMTG.

Consensus Price Target

$9.00
15.53% Upside
High Forecast$10.00
Average Forecast$9.00
Low Forecast$8.00

According to the 6 analysts' twelve-month price targets for Claros Mortgage Trust, the average price target is $9.00. The highest price target for CMTG is $10.00, while the lowest price target for CMTG is $8.00. The average price target represents a forecasted upside of 15.53% from the current price of $7.79.

TypeCurrent Forecast
9/8/23 to 9/7/24
1 Month Ago
8/9/23 to 8/8/24
3 Months Ago
6/10/23 to 6/9/24
1 Year Ago
9/8/22 to 9/8/23
Consensus Rating
Reduce
Reduce
Reduce
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$9.00$9.38$9.50$13.70
Forecasted Upside15.53% Upside3.42% Upside3.18% Upside4.77% Upside
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CMTG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CMTG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Claros Mortgage Trust Stock vs. The Competition

TypeClaros Mortgage TrustFinance CompaniesS&P 500
Consensus Rating Score
1.83
2.46
2.51
Consensus RatingReduceHoldModerate Buy
Predicted Upside15.53% Upside35.27% Upside11.36% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/12/2024Keefe, Bruyette & Woods
4 of 5 stars
 Lower TargetUnderperform ➝ Underperform$8.50 ➝ $8.00+1.91%
7/19/2024BTIG Research
2 of 5 stars
 Initiated CoverageNeutral
7/16/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$8.50 ➝ $9.00+0.67%
6/11/2024JMP Securities
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 Reiterated RatingMarket Perform
5/8/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight ➝ Equal Weight$11.00 ➝ $9.00+8.17%
3/20/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$11.50 ➝ $10.00+0.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:41 PM ET.

CMTG Forecast - Frequently Asked Questions

What is Claros Mortgage Trust's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Claros Mortgage Trust is $9.00, with a high forecast of $10.00 and a low forecast of $8.00.

Should I buy or sell Claros Mortgage Trust stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Claros Mortgage Trust in the last year. There is currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CMTG shares.

Does Claros Mortgage Trust's stock price have much upside?

According to analysts, Claros Mortgage Trust's stock has a predicted upside of 2.56% based on their 12-month stock forecasts.

What analysts cover Claros Mortgage Trust?

Claros Mortgage Trust has been rated by research analysts at BTIG Research, JMP Securities, JPMorgan Chase & Co., and Keefe, Bruyette & Woods in the past 90 days.

Do Wall Street analysts like Claros Mortgage Trust more than its competitors?

Analysts like Claros Mortgage Trust less than other "finance" companies. The consensus rating for Claros Mortgage Trust is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how CMTG compares to other companies.


This page (NYSE:CMTG) was last updated on 9/7/2024 by MarketBeat.com Staff

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