NYSE$CMTG

Claros Mortgage Trust Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Claros Mortgage Trust reported Q1 2025, revenue of $43.4M, a net loss of $78.6M, diluted EPS of ($0.56).

For Q1 2025, Claros Mortgage Trust reported revenue of $43.4M, a net loss of $78.6M, diluted EPS was ($0.56). Management discusses operating trends and capital priorities in the quarterly filing.

  • Revenue $43.4M.
  • Net loss $78.6M.
  • Diluted EPS ($0.56).

Headline financials

Total Revenue

$43.4M

Previous: $58.8M-26.3%
EPS (adj)

-$0.56

Previous: -$0.39-43.6%
Loan Portfolio Value

$5.74B

No prior period
Weighted Avg All-in Yield

7.4%

Previous: 7.6%-2.6%
Loan Resolutions UPB

$314M

No prior period
Total Liquidity

$136M

No prior period
Cash

$128M

No prior period
Unencumbered Loan UPB

$468M

No prior period
Net Financings Decrease

$216M

No prior period
CECL Provision

$41.1M

Previous: $70M-41.2%
Total CECL Reserves

$4.40

Previous: $2.60+69.2%
Specific Reserves (Risk 5)

119265000.0%

No prior period
General Reserves (Other Loans)

118135000.0%

No prior period
Book Value per Share

$13.60

Previous: $14.12-3.7%
Net Income

-$78.6M

Previous: -$52.8M-48.9%
Operating Income

$5.73M

Previous: -$50.4M+111.4%

Revenue & EPS history

Claros Mortgage Trust · Revenue · Quarterly

$43.4M

Q1 2025-26.3%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

BDC and mortgage-REIT filers focus on net investment income, distributable earnings, dividends, and credit quality rather than GAAP EPS guidance.

Tailwinds

  • Investment income and portfolio yield.
  • Dividend coverage and book value trends.
  • Deployment into senior secured assets.

Headwinds

  • Credit losses and mark-to-market swings.
  • Rate sensitivity on funding costs.
  • Regulatory capital and liquidity requirements.

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 2025

Historical avgQ1 2025

-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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