Claros Mortgage Trust Q4 net loss at $219.2 mln

Reuters
Feb 19
<a href="https://laohu8.com/S/CMTG">Claros Mortgage Trust</a> Q4 net loss at $219.2 mln

Overview

  • Real estate investment trust's Q4 GAAP net loss was $219.2 mln

  • Company resolved five loans totaling $483.9 mln of UPB in Q4

  • Company executed sales of signage and office floors for $24.1 mln

Outlook

  • Company believes momentum will advance strategy and reposition portfolio in 2026

Result Drivers

  • LOAN RESOLUTIONS - Claros Mortgage Trust resolved five loans totaling $483.9 mln of UPB in Q4, including full repayments and discounted payoffs

  • CREDIT LOSS PROVISIONS - Provision for CECL reserves of $211.7 mln in Q4, reflecting cautious approach to potential credit losses

  • DELEVERAGING - Net financings outstanding decreased by $500 mln in Q4, including $305 mln of deleveraging payments

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Net Income

-$219.21 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the specialized reits peer group is "buy."

  • Wall Street's median 12-month price target for Claros Mortgage Trust Inc is $3.00, about 22.4% above its February 18 closing price of $2.45

Press Release: ID:nBwbJJPjva

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10