NYSE$CMTG

Claros Mortgage Trust Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Claros Mortgage Trust, Inc. reported a net loss of $100.7 million and a diluted loss per share of $0.72 for the fourth quarter of 2024.

Claros Mortgage Trust, Inc. reported a GAAP net loss of $100.7 million for the fourth quarter of 2024, or $0.72 per share. The company's loan portfolio stood at $6.1 billion with a weighted average all-in yield of 7.6%. They received $300 million in loan repayment and sale proceeds, and total liquidity was $102 million.

  • GAAP net loss for Q4 2024 was $100.7 million, or $0.72 per share.
  • Distributable Loss for Q4 2024 was $83.2 million, or $0.59 per share.
  • The loan portfolio was $6.1 billion with a weighted average all-in yield of 7.6%.
  • Total liquidity at quarter-end was $102 million, including $99 million of cash.

Headline financials

Total Revenue

-$19.9M

Previous: $77.7M-125.6%
EPS (adj)

-$0.59

Previous: $0.26-326.9%
Capital Expenditures

-$633K

Previous: -$606K-4.5%
Free Cash Flow

$17.7M

No prior period
Net Income

-$101M

Previous: $34M-396.2%
Operating Income

$0.00

No prior period

Revenue & EPS history

Claros Mortgage Trust · Revenue · Quarterly

-$19.9M

Q4 2024-125.6%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

Claros Mortgage Trust, Inc. expects to accelerate the resolution of watchlist loans to recapture and redeploy capital for more accretive uses.

Tailwinds

  • Expectation to accelerate resolution of watchlist loans.
  • Aim to recapture capital from resolved loans.
  • Plan to redeploy capital to more accretive uses.
  • Continued focus on asset management.
  • Anticipated transaction and repayment activity.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.

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 2024

Historical avgQ4 2024

-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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