Claros Mortgage Trust, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $248.3M
- Price
- $1.76
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.33%
- Volume
- 606.1K
About
Claros Mortgage Trust, Inc. functions as a real estate investment trust (REIT), primarily focusing on originating both senior and junior debt for commercial properties in transitional stages, located within prominent markets throughout the United States. Recognized as a REIT under the Internal Revenue Code, the company's net earnings are exempt from federal taxation, provided these profits are distributed as dividends to its investors. The firm was established in 2015 and has its corporate headquarters in New York, New York.
Quick stats
Shares outstanding141.1M
Computed float105.3M
Float / shares74.7%
Key info
SectorReal Estate
IndustryREIT - Mortgage
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001666291
AI Summary
AI-generated1/10
majormixedearnings
Claros Mortgage Trust, Inc. Reports Second Quarter 2026 Results
CMTG reported a Q2 GAAP net loss of $255.4 million, or $1.81 per share, largely due to a $208.8 million provision for CECL reserves to align with anticipated near-term resolutions.
The company made significant progress on its watchlist, resolving one loan through foreclosure and subsequently resolving another $409.5 million of UPB in July, reducing total leverage to 2.4x.
Liquidity improved to $168 million by late July, and book value stood at $8.58 per share as management focuses on deleveraging and accretive capital allocation.
Red flags
- GAAP net loss of $255.4 million driven by credit reserves
- Distributable Loss of $90.8 million
- Distributable Loss prior to realized gains/losses widened to $0.07 per share from $0.05
- Watchlist loans remain substantial at $1.2 billion