NYSE$CMTG

Claros Mortgage Trust Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Claros Mortgage Trust reported its Q4 and full year results, with a net income of $34.0 million and distributable earnings of $36.9 million.

Claros Mortgage Trust reported a GAAP net income of $34.0 million, or $0.24 per diluted share, for Q4 2023. Distributable Earnings were $36.9 million, or $0.26 per diluted share. The company's loan portfolio stood at $6.9 billion with a weighted average all-in yield of 9.1%.

  • Reported GAAP net income of $34.0 million, or $0.24 per diluted share.
  • Distributable Earnings were $36.9 million, or $0.26 per diluted share.
  • Loan portfolio totaled $6.9 billion with a weighted average all-in yield of 9.1%.
  • Total liquidity of $238 million.

Headline financials

Total Revenue

$77.7M

Previous: $83.6M-7.1%
EPS (adj)

$0.26

Previous: $0.38-31.6%
Capital Expenditures

-$606K

No prior period
Net Income

$34M

Previous: -$22.7M+249.8%
Gross Profit

$69.9M

Previous: $26.9M+160.1%
Stock-Based Comp

$4.51M

Previous: $3.48M+29.8%

Revenue & EPS history

Claros Mortgage Trust · Revenue · Quarterly

$77.7M

Q4 2023-7.1%vs Q4 2022
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 2023

Historical avgQ4 2023

-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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