📊 CMTG Key Takeaways
Is Claros Mortgage Trust, Inc. (CMTG) a Good Investment?
Claros Mortgage Trust is experiencing severe financial distress with 51.8% YoY revenue collapse, deepening net losses of $54.3M, and negative operating cash flow. The divergence between positive operating income and substantial net losses indicates significant mark-to-market losses in the mortgage portfolio, coupled with elevated leverage (1.79x debt-to-equity) and deteriorating interest coverage of 2.6x that suggest potential covenant stress.
Claros Mortgage Trust shows severely impaired fundamentals, with revenue down 51.8% year over year, a very large net loss, and negative operating cash flow despite positive operating income. The balance sheet remains highly levered at 2.06x debt-to-equity, and weak interest coverage of 0.4x suggests meaningful pressure on debt servicing capacity. Until earnings stabilize, cash generation turns positive, and leverage risk improves, the fundamental profile remains very weak.
Claros Mortgage Trust, Inc. Key Strengths (CMTG)
- Maintains $4.2B asset base providing scale and collateral
- Positive operating income of $134.8M indicates core mortgage operations generated gains
- Cash position of $116.8M provides near-term liquidity buffer
- Positive operating income and a high reported operating margin indicate the core portfolio still generates some earnings before below-the-line losses
- A sizable equity base of $1.53B provides some loss-absorption capacity
- Cash of $173.19M offers a limited near-term liquidity buffer
CMTG Stock Risks: Claros Mortgage Trust, Inc. Investment Risks
- Revenue collapsed 51.8% YoY with net losses of $54.3M destroying shareholder value
- Negative operating cash flow and negative FCF margin of -21.9% indicate unsustainable cash generation
- Interest coverage of 2.6x combined with 1.79x leverage creates covenant violation risk and debt serviceability concerns
- Massive gap between operating income and net losses suggests accelerating mortgage portfolio deterioration and credit impairment
- Diluted EPS declined 118.1% YoY reflecting severe earnings destruction
- Net margin of -260.4% and ROE of -31.9% indicate severe profitability deterioration
- Interest coverage of 0.4x and long-term debt of $3.16B point to elevated financial risk
- Negative operating cash flow and sharply declining revenue suggest weak growth quality and pressure on underlying asset performance
Key Metrics to Watch
- Operating cash flow trend - negative generation is unsustainable for a mortgage REIT
- Interest coverage ratio - critical to monitor for covenant violations given 2.6x level
- Mortgage portfolio credit metrics - default rates, delinquencies, and fair value adjustments
- Debt-to-equity ratio - any further leverage increase signals financial distress
- Dividend sustainability - whether distributions can continue absent positive FCF
- Interest coverage and operating cash flow trend
- Net income trajectory and debt-to-equity trend
Claros Mortgage Trust, Inc. (CMTG) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
CMTG Profit Margin, ROE & Profitability Analysis
CMTG vs Real Estate Sector: How Claros Mortgage Trust, Inc. Compares
How Claros Mortgage Trust, Inc. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Claros Mortgage Trust, Inc. Stock Overvalued? CMTG Valuation Analysis 2026
Based on fundamental analysis, Claros Mortgage Trust, Inc. shows some fundamental concerns relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Claros Mortgage Trust, Inc. Balance Sheet: CMTG Debt, Cash & Liquidity
CMTG Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Claros Mortgage Trust, Inc.'s revenue has grown significantly by 12% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.02 reflects profitable operations.
CMTG Revenue Growth, EPS Growth & YoY Performance
CMTG Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $29.5M | -$54.3M | $-0.39 |
| Q3 2025 | $46.1M | -$9.5M | $-0.07 |
| Q2 2025 | $51.6M | -$11.6M | $-0.09 |
| Q1 2025 | $43.4M | -$52.8M | $-0.39 |
| Q3 2024 | $64.9M | $4.3M | $-0.22 |
| Q2 2024 | $64.5M | $4.3M | $0.02 |
| Q1 2024 | $58.8M | $36.7M | $0.26 |
| Q3 2023 | $76.4M | $4.3M | $-0.22 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Claros Mortgage Trust, Inc. Dividends, Buybacks & Capital Allocation
CMTG SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Claros Mortgage Trust, Inc. (CIK: 0001666291)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CMTG
What is the AI rating for CMTG?
Claros Mortgage Trust, Inc. (CMTG) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CMTG's key strengths?
Claude: Maintains $4.2B asset base providing scale and collateral. Positive operating income of $134.8M indicates core mortgage operations generated gains. ChatGPT: Positive operating income and a high reported operating margin indicate the core portfolio still generates some earnings before below-the-line losses. A sizable equity base of $1.53B provides some loss-absorption capacity.
What are the risks of investing in CMTG?
Claude: Revenue collapsed 51.8% YoY with net losses of $54.3M destroying shareholder value. Negative operating cash flow and negative FCF margin of -21.9% indicate unsustainable cash generation. ChatGPT: Net margin of -260.4% and ROE of -31.9% indicate severe profitability deterioration. Interest coverage of 0.4x and long-term debt of $3.16B point to elevated financial risk.
What is CMTG's revenue and growth?
Claros Mortgage Trust, Inc. reported revenue of $29.5M.
Does CMTG pay dividends?
Claros Mortgage Trust, Inc. does not currently pay dividends.
Where can I find CMTG SEC filings?
Official SEC filings for Claros Mortgage Trust, Inc. (CIK: 0001666291) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CMTG's EPS?
Claros Mortgage Trust, Inc. has a diluted EPS of $-0.39.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is CMTG's fundamental grade?
Based on our AI fundamental analysis in June 2026, Claros Mortgage Trust, Inc. has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is CMTG stock overvalued or undervalued?
Valuation metrics for CMTG: ROE of -3.6% (sector avg: 8%), net margin of -183.9% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
What is CMTG's AI grade for 2026?
Our dual AI analysis gives Claros Mortgage Trust, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is CMTG's free cash flow?
Claros Mortgage Trust, Inc.'s operating cash flow is $-6.5M, with capital expenditures of N/A. FCF margin is -21.9%.
How does CMTG compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin -183.9% (avg: 20%), ROE -3.6% (avg: 8%), current ratio N/A (avg: 1.5).
Is Claros Mortgage Trust, Inc. carrying too much debt?
CMTG has a debt-to-equity ratio of 1.79x, which is above the Real Estate sector average of 1.5x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.