Currently, the analyst consensus on Claros Mortgage Trust is a Moderate Sell with an average price target of $2.63, implying a 14.85% upside from current levels. In a report released on July 16, UBS also initiated coverage with a Hold rating on the stock with a $2.75 price target.
Based on Claros Mortgage Trust’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $29.81 million and a GAAP net loss of $54.29 million. In comparison, last year the company earned a revenue of $132.6 million and had a GAAP net loss of $78.62 million
