NYSE$CMTG

Claros Mortgage Trust Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported financial results for the first quarter of 2022.

Claros Mortgage Trust reported a GAAP net income of $29.4 million, or $0.21 per diluted share, and a Net Distributable Earnings of $33.5 million, or $0.24 per diluted share for Q1 2022.

  • Originated $1.2 billion of total loan commitments across 14 investments, with $685 million funded at closing.
  • Funded approximately $141 million of follow-on fundings related to the existing loan portfolio.
  • Received proceeds of $194 million from loan repayments.
  • Paid a cash dividend of $0.37 per common share for the first quarter of 2022.

Headline financials

Total Revenue

$57.9M

Previous: $60.5M-4.3%
EPS (adj)

$0.24

Previous: $0.44-44.9%
Capital Expenditures

-$11.5M

No prior period
Free Cash Flow

$17.9M

No prior period
Net Income

$29.4M

Previous: $58.6M-49.9%
Operating Income

$29.4M

Previous: $102M-71.3%
Gross Profit

$50.1M

Previous: $46.7M+7.3%
Cash & Equivalents

$444M

No prior period
Total Assets

$8.07B

No prior period

Revenue & EPS history

Claros Mortgage Trust · Revenue · Quarterly

$57.9M

Q1 2022-4.3%vs Q1 2021
Beat estimate in 4 of 6 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-1.1%

Avg return

Earnings day

-4.2%

Avg return

5 days after

-0.3%

Avg return

30 days after

43%

9 / 21 earnings

Positive

+8.2%

Q3 2020

Best reaction

-9.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.8%-14.8%-8.4%
Q4 2025+6.6%-8.6%-15.1%
Q3 2025-6.6%-11.5%-0.6%
Q1 2025-9.1%-3.0%+9.0%
Q4 2024+3.8%-11.1%+42.9%
Q3 2024+3.4%-1.8%-15.0%
Q2 2024-5.7%-10.0%-17.6%
Q1 2024-6.8%-9.6%-9.5%
Q4 2023-6.2%-8.5%-2.3%
Q3 2023-2.8%+5.1%+18.0%
Q2 2023-8.4%-9.2%-7.5%
Q1 2023-5.6%-3.0%-12.5%
Q4 2022-7.0%-14.3%-28.2%
Q3 2022+7.6%+8.4%+4.3%
Q2 2022-1.0%-0.6%-11.1%
Q1 2022+5.0%+2.8%-1.1%
Q4 2021+0.3%-2.0%+4.7%
Q4 2019+0.7%-2.0%+4.7%
Q4 2020+8.2%+3.9%+16.3%
Q3 2020+8.2%+3.9%+16.3%
Q3 2021-3.7%-2.6%+5.8%
Q2 2021
Q1 2021
Q2 2020
Q1 2020
Q2 2019
Q1 2019
Q4 2018

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