NYSE$CMTG
Claros Mortgage Trust Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported strong results due to focus on asset management and disciplined lending.
Claros Mortgage Trust reported a GAAP net income of $42.1 million, or $0.30 per diluted share, and Distributable Earnings of $47.1 million, or $0.33 per diluted share for the third quarter of 2022.
- Originated approximately $878 million of total loan commitments across six investments, with $614 million funded at closing.
- New originations had a weighted average coupon of SOFR + 5.3% and a weighted average LTV of 67.4%.
- Funded approximately $186 million of follow-on fundings related to the existing loan portfolio.
- Received loan repayment proceeds of $559 million.
Headline financials
Revenue & EPS history
Claros Mortgage Trust · Revenue · Quarterly
$76.4M
Forward guidance
The company believes its team's experience, conservative underwriting practices, moderate leverage, and strong balance sheet will allow it to capture compelling investment opportunities.
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 Q3 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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