$8.42
-0.10[-1.17%]
At close: May 20
$8.42
0[0.00%]
After Hours: 4:00PM EDT
Claros Mortgage Trust
(NYSE:CMTG)Claros Mortgage Trust Stock (NYSE:CMTG), Analyst Ratings, Price Targets, Predictions
Claros Mortgage Trust Inc has a consensus price target of $10.11, established from looking at the 22 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Keefe, Bruyette & Woods, and JP Morgan on May 8, 2024, April 10, 2024, and April 10, 2024. With an average price target of $9.33 between Wells Fargo, Keefe, Bruyette & Woods, and JP Morgan, there's an implied 10.85% upside for Claros Mortgage Trust Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Keefe, Bruyette & Woods
JP Morgan
UBS
BTIG
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Claros Mortgage Trust
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/08/2024 | Buy Now | 6.89% | Wells Fargo | Donald Fandetti | $11 → $9 | Maintains | Equal-Weight | Get Alert |
| 04/10/2024 | Buy Now | 12.83% | Keefe, Bruyette & Woods | Jade Rahmani | $9.75 → $9.5 | Maintains | Underperform | Get Alert |
| 04/10/2024 | Buy Now | 12.83% | JP Morgan | Richard Shane | $11 → $9.5 | Maintains | Neutral | Get Alert |
| 03/20/2024 | Buy Now | 18.76% | UBS | Douglas Harter | $11.5 → $10 | Maintains | Neutral | Get Alert |
| 02/23/2024 | Buy Now | 15.8% | Keefe, Bruyette & Woods | Jade Rahmani | $10.75 → $9.75 | Maintains | Underperform | Get Alert |
| 11/02/2023 | Buy Now | 30.64% | JP Morgan | Richard Shane | $11.5 → $11 | Maintains | Neutral | Get Alert |
| 08/03/2023 | Buy Now | 30.64% | Wells Fargo | Donald Fandetti | $13 → $11 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 07/24/2023 | Buy Now | 42.52% | JP Morgan | Richard Shane | $11.5 → $12 | Upgrade | Underweight → Neutral | Get Alert |
| 04/25/2023 | Buy Now | — | BTIG | Sarah Barcomb | — | Initiates | → Neutral | Get Alert |
| 04/24/2023 | Buy Now | 36.58% | JP Morgan | Richard Shane | $14.5 → $11.5 | Maintains | Underweight | Get Alert |
| 04/13/2023 | Buy Now | 30.64% | Keefe, Bruyette & Woods | Jade Rahmani | $14.5 → $11 | Maintains | Underperform | Get Alert |
| 02/21/2023 | Buy Now | — | JMP Securities | Steven Delaney | — | Downgrade | Market Outperform → Market Perform | Get Alert |
| 02/14/2023 | Buy Now | 113.78% | JMP Securities | Chris Muller | $19 → $18 | Maintains | Market Perform | Get Alert |
| 12/21/2022 | Buy Now | 107.84% | UBS | Vilas Abraham | $19 → $17.5 | Maintains | Neutral | Get Alert |
| 12/15/2022 | Buy Now | 90.02% | Keefe, Bruyette & Woods | Jade Rahmani | → $16 | Downgrade | Market Perform → Underperform | Get Alert |
| 10/24/2022 | Buy Now | 84.09% | JP Morgan | Richard Shane | $17 → $15.5 | Maintains | Underweight | Get Alert |
| 09/06/2022 | Buy Now | 101.9% | JP Morgan | Richard Shane | $19 → $17 | Downgrade | Neutral → Underweight | Get Alert |
| 05/18/2022 | Buy Now | 161.28% | Wells Fargo | Donald Fandetti | $20 → $22 | Maintains | Overweight | Get Alert |
| 04/25/2022 | Buy Now | 125.65% | JP Morgan | Richard Shane | $18 → $19 | Downgrade | Overweight → Neutral | Get Alert |
| 11/29/2021 | Buy Now | 125.65% | JMP Securities | Steven Delaney | — | Initiates | → Market Outperform | Get Alert |
| 11/29/2021 | Buy Now | 107.84% | UBS | Brock Vandervliet | — | Initiates | → Neutral | Get Alert |
| 11/29/2021 | Buy Now | 137.53% | JP Morgan | Richard Shane | — | Initiates | → Overweight | Get Alert |
FAQ
What is the target price for Claros Mortgage Trust (CMTG)?
The latest price target for Claros Mortgage Trust (NYSE: CMTG) was reported by Wells Fargo on May 8, 2024. The analyst firm set a price target for $9.00 expecting CMTG to rise to within 12 months (a possible 6.89% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Claros Mortgage Trust (CMTG)?
The latest analyst rating for Claros Mortgage Trust (NYSE: CMTG) was provided by Wells Fargo, and Claros Mortgage Trust maintained their equal-weight rating.
When was the last upgrade for Claros Mortgage Trust (CMTG)?
The last upgrade for Claros Mortgage Trust Inc happened on July 24, 2023 when JP Morgan raised their price target to $12. JP Morgan previously had an underweight for Claros Mortgage Trust Inc.
When was the last downgrade for Claros Mortgage Trust (CMTG)?
The last downgrade for Claros Mortgage Trust Inc happened on August 3, 2023 when Wells Fargo changed their price target from $13 to $11 for Claros Mortgage Trust Inc.
When is the next analyst rating going to be posted or updated for Claros Mortgage Trust (CMTG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Claros Mortgage Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Claros Mortgage Trust was filed on May 8, 2024 so you should expect the next rating to be made available sometime around May 8, 2025.
Is the Analyst Rating Claros Mortgage Trust (CMTG) correct?
While ratings are subjective and will change, the latest Claros Mortgage Trust (CMTG) rating was a maintained with a price target of $11.00 to $9.00. The current price Claros Mortgage Trust (CMTG) is trading at is $8.42, which is out of the analyst’s predicted range.
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