NYSE$CMTG

Claros Mortgage Trust Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported a net loss and distributable earnings for Q4 2022.

Claros Mortgage Trust reported a GAAP net loss of $22.7 million and distributable earnings of $53.7 million for the fourth quarter of 2022. The company originated $359 million in new loan commitments during the quarter.

  • Originated approximately $359 million of total loan commitments across three investments.
  • Funded approximately $198 million of follow-on fundings related to the existing loan portfolio.
  • Received loan repayment proceeds of $75 million.
  • Paid a cash dividend of $0.37 per share of common stock for the fourth quarter of 2022.

Headline financials

Total Revenue

$83.6M

Previous: $68.3M+22.5%
EPS (adj)

$0.38

Previous: $0.30+26.7%
Net Income

-$22.7M

Previous: $17M-233.3%
Gross Profit

$26.9M

Previous: $59.8M-55.0%
Cash & Equivalents

$306M

Previous: $310M-1.2%
Total Assets

$8.24B

Previous: $7.46B+10.5%
Stock-Based Comp

$3.48M

Previous: $9.19M-62.2%

Revenue & EPS history

Claros Mortgage Trust · Revenue · Quarterly

$83.6M

Q4 2022+22.5%vs Q4 2021
Beat estimate in 10 of 15 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 Q4 2022

Historical avgQ4 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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