KBW analyst Jade Rahmani maintained a Sell rating on Claros Mortgage Trust, Inc. (CMTG – Research Report) yesterday and set a price target of $10.50. The company’s shares opened today at $11.06.
According to TipRanks, Rahmani is a 5-star analyst with an average return of 15.1% and a 75.89% success rate. Rahmani covers the Real Estate sector, focusing on stocks such as Walker & Dunlop, CBRE Group, and DR Horton.
Claros Mortgage Trust, Inc. has an analyst consensus of Hold, with a price target consensus of $11.00.
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Based on Claros Mortgage Trust, Inc.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $80.93 million and a net profit of $4.25 million. In comparison, last year the company earned a revenue of $69.24 million and had a net profit of $63.23 million
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Claros Mortgage Trust Inc is a real estate investment trust that is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the…
Read More on CMTG:
- Wells Fargo downgrades Claros Mortgage to Equal Weight after quarterly results
- Claros Mortgage downgraded to Equal Weight from Overweight at Wells Fargo
- Claros Mortgage reports Q2 non-GAAP EPS 35c, consensus 35c
- Claros Mortgage Trust, Inc. (CMTG) Q2 Earnings Cheat Sheet
- Claros Mortgage upgraded to Neutral from Underweight at JPMorgan
