NYSE$CMTG
Claros Mortgage Trust Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported strong second quarter results driven by significant loan origination activity and strategic portfolio diversification.
Claros Mortgage Trust reported a strong second quarter with GAAP net income of $63.2 million, or $0.45 per diluted share. Distributable Earnings was $60.0 million, or $0.43 per diluted share, including realized losses, and $71.5 million, or $0.51 per diluted share excluding realized losses. The company originated approximately $1.0 billion of total loan commitments and received proceeds of $878 million from loan repayments and sales.
- Originated approximately $1.0 billion of total loan commitments across eight investments, with $624 million funded at closing.
- Funded approximately $172 million of follow-on fundings related to the existing loan portfolio.
- Received proceeds of $878 million from loan repayments and sales.
- Successfully resolved a non-accrual loan, generating a levered gross return of approximately 12.5% and a net gain on sale of approximately $30.1 million.
Headline financials
Revenue & EPS history
Claros Mortgage Trust · Revenue · Quarterly
$69.2M
Forward guidance
While the macroeconomic outlook is creating some uncertainty in the marketplace, rising interest rates and lending spreads are translating into higher returns. Given the company's strong balance sheet and ample liquidity, they believe they are well positioned to capitalize on the attractive lending opportunities they are seeing in their target markets.
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 Q2 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
| Quarter | Report date | Reaction (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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