Previous close | 8.66 |
Open | 8.47 |
Bid | 0.00 x 900 |
Ask | 0.00 x 900 |
Day's range | 8.15 - 8.47 |
52-week range | 8.15 - 15.25 |
Volume | |
Avg. volume | 292,262 |
Market cap | 1.141B |
Beta (5Y monthly) | 1.61 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.63 |
Earnings date | 07 May 2024 |
Forward dividend & yield | 1.00 (12.17%) |
Ex-dividend date | 27 Mar 2024 |
1y target est | 9.50 |
Detailed Analysis of Financial Performance and Future Outlook
NEW YORK, May 06, 2024--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the "Company" or "CMTG") today reported its financial results for the quarter ended March 31, 2024. The Company’s first quarter 2024 GAAP net loss was ($52.8 million), or ($0.39) per diluted share. Distributable Loss (a non-GAAP financial measure defined below) was ($16.8 million), or ($0.12) per diluted share. Distributable Earnings prior to realized losses was $27.7 million, or $0.20 per diluted share.
DigitalBridge (DBRG) delivered earnings and revenue surprises of -90% and 26.17%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?