Previous Close | 9.29 |
Open | 9.36 |
Bid | 0.00 x 1200 |
Ask | 0.00 x 1000 |
Day's Range | 9.08 - 9.40 |
52 Week Range | 8.37 - 15.25 |
Volume | |
Avg. Volume | 288,338 |
Market Cap | 1.268B |
Beta (5Y Monthly) | 1.59 |
PE Ratio (TTM) | 457.00 |
EPS (TTM) | 0.02 |
Earnings Date | May 07, 2024 |
Forward Dividend & Yield | 1.00 (10.94%) |
Ex-Dividend Date | Mar 27, 2024 |
1y Target Est | 10.17 |
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?