Claros Mortgage Trust Inc (CMTG) stock: 12-month forecast projects 151.38% potential return%

A share price of Claros Mortgage Trust Inc [CMTG] is currently trading at $7.26, up 9.34%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CMTG shares have gain 12.04% over the last week, with a monthly amount glided 13.26%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Claros Mortgage Trust Inc [NYSE: CMTG] stock has seen the most recent analyst activity on September 20, 2024, when Wells Fargo downgraded its rating to a Underweight but kept the price target unchanged to $8 for it. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $11 on August 03, 2023. JP Morgan upgraded its rating to a Neutral and raised its price target to $12 on July 24, 2023. In a note dated February 21, 2023, JMP Securities downgraded an Mkt Perform rating on this stock.

Claros Mortgage Trust Inc experienced fluctuations in its stock price throughout the past year between $6.08 and $15.25. Currently, Wall Street analysts expect the stock to reach $18.25 within the next 12 months. Claros Mortgage Trust Inc [NYSE: CMTG] shares were valued at $7.26 at the most recent close of the market. An investor can expect a potential return of 151.38% based on the average CMTG price forecast.

Analyzing the CMTG fundamentals

Trailing Twelve Months sales for Claros Mortgage Trust Inc [NYSE:CMTG] were 285.64M which represents -21.05% decline. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at -0.42%, and Net Profit Margin reading is -0.42%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.04 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.45.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.85 points at the first support level, and at 6.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.53, and for the 2nd resistance point, it is at 7.80.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.53, the price to book ratio is 0.46.

Transactions by insiders

Recent insider trading involved Mack Richard, CEO & CHAIRMAN, that happened on May 29 ’24 when 40000.0 shares were purchased., Siegel Jeffrey D completed a deal on May 28 ’24 to buy 5000.0 shares. Meanwhile, Director WALTER W EDWARD bought 7000.0 shares on May 28 ’24.

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