CMTG
Claros Mortgage Trust, Inc.
NYSEUSDEQUITY
Real Estate
DELAYED
Last price
1.79
▲ 0.03 (1.70%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
1.76
Prev close
1.76
Day high
1.80
Day low
1.74
Volume
358.05K
Market cap
$252.54M
P/E (TTM)
—
52W range
1.66 – 3.99
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
25.79M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 6, 26 | MCGILLIS J MICHAEL President |
BUY | 25.00K | $42.73K | Direct |
| Jun 3, 26 | HAGGERTY MARY Director |
STOCK | 53.42K | $0 | Direct |
| Jun 3, 26 | LIEBMAN PAMELA Director |
STOCK | 53.42K | $0 | Direct |
| Mar 20, 26 | MCGILLIS J MICHAEL President |
STOCK | 167.16K | $0 | Direct |
| Mar 20, 26 | MACK RICHARD Chief Executive Officer |
STOCK | 335.00K | $0 | Direct |
| Mar 20, 26 | SIEGEL JEFFREY D General Counsel |
STOCK | 111.80K | $0 | Direct |
| Mar 20, 26 | GARG PRIYANKA Officer |
STOCK | 217.28K | $0 | Direct |
| Mar 2, 26 | MCGILLIS J MICHAEL President |
BUY | 20.00K | $46.79K | Direct |
| Feb 27, 26 | MACK RICHARD Chief Executive Officer |
BUY | 50.00K | $120.36K | Direct |
| Feb 24, 26 | WALTER W. EDWARD III Director |
BUY | 25.00K | $56.90K | Indirect |
| Jun 4, 25 | HAGGERTY MARY Director |
STOCK | 46.13K | $0 | Direct |
| Jun 4, 25 | LIEBMAN PAMELA Director |
STOCK | 46.13K | $0 | Direct |
| Apr 25, 25 | MCGILLIS J MICHAEL President |
STOCK | 155.50K | $0 | Direct |
| Apr 25, 25 | MACK RICHARD Chief Executive Officer |
STOCK | 311.63K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
GARG PRIYANKA |
Officer | 639.27K | Stock Award(Grant) |
HAGGERTY MARY |
Director | 130.25K | Stock Award(Grant) |
LIEBMAN PAMELA |
Director | 134.05K | Stock Award(Grant) |
MACK RICHARD |
Chief Executive Officer | 3.05M | Stock Award(Grant) |
MCGILLIS J MICHAEL |
President | 749.00K | Purchase |
RICHMAN STEVEN LEONARD |
Director | 18.50K | Purchase |
SIEGEL JEFFREY D |
General Counsel | 344.48K | Stock Award(Grant) |
WALTER W. EDWARD III |
Director | — | Purchase |
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.02
Call-heavy session
Put / call open interest
0.05
Positioning, not flow
Max pain
2.50
+39.7% from spot
ATM implied vol
125.0%
Nearest strike to spot
Skew (10% OTM)
-3.9%
Calls bid over puts
Call volume
333
Contracts, this expiry
Put volume
6
Contracts, this expiry
Heaviest call OI
5.00
2.56K contracts
Heaviest put OI
2.50
125 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-1.65%
-0.3%
1M
-18.64%
-22.4%
3M
-17.89%
-21.0%
6M
-23.83%
-34.9%
YTD
-41.50%
-53.8%
1Y
-46.88%
-66.9%
3Y
-83.38%
-157.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$252.54M
Enterprise value$2.73B
Revenue (TTM)$-360.64M
Gross profit$-439.11M
EBITDA—
Net income$-538.46M
EPS (TTM)$-3.83
Free cash flow—
Total cash$90.33M
Total debt$2.57B
Book value / share$8.78
Shares outstanding141.08M
Float129.25M
Short % of float3.90%
Dividend yield—
Beta (5Y)1.16
Short interest
Shares short
3.97M
Prior 3.61M
Change vs prior
+9.9%
Shorts adding
% of float
3.90%
Normal
% of shares out
2.81%
Against total outstanding
Days to cover
6.6
Crowded exit
Float
129.25M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E—
Forward P/E-2.30
PEG ratio—
Price / sales—
Price / book0.20
EV / revenue-7.57
EV / EBITDA—
Gross margin0.00%
Operating margin121.26%
Profit margin0.00%
Return on equity-35.96%
Return on assets-11.15%
Debt / equity207.28
Current ratio376.09
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $92.33M | $97.78M | $248.89M | $270.20M | -5.6% |
| Operating revenue | $92.33M | $97.78M | $248.89M | $270.20M | -5.6% |
| Selling, general & admin | $34.13M | $33.81M | $33.20M | $26.14M | +0.9% |
| Pre-tax income | -$489.07M | -$221.26M | $6.03M | $112.16M | -121.0% |
| Net income | -$489.07M | -$221.26M | $6.03M | $112.06M | -121.0% |
| Net income to common | -$489.07M | -$223.21M | $2.35M | $109.67M | -119.1% |
| Basic EPS | -3.49 | -1.60 | 0.02 | 0.79 | -118.1% |
| Diluted EPS | -3.49 | -1.60 | 0.02 | 0.79 | -118.1% |
| Basic shares | 140.15M | 139.23M | 138.62M | 139.31M | +0.7% |
| Diluted shares | 140.15M | 139.23M | 138.62M | 139.31M | +0.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $173.19M | $99.08M | $187.30M | $306.46M | — | +74.8% |
| Accounts receivable | — | — | — | — | $25.99M | — |
| Total assets | $4.72B | $6.97B | $8.07B | $8.24B | — | -32.2% |
| Long-term debt | $1.29B | $1.70B | $1.87B | $1.70B | — | -24.2% |
| Total debt | $1.29B | $1.70B | $1.87B | $1.70B | — | -24.2% |
| Total liabilities | $3.19B | $4.96B | $5.77B | $5.79B | — | -35.7% |
| Retained earnings | -$1.22B | -$733.32M | -$426.70M | -$257.25M | — | -66.7% |
| Shareholder equity | $1.53B | $2.01B | $2.30B | $2.46B | — | -23.7% |
| Net tangible assets | $1.53B | $2.01B | $2.30B | $2.46B | — | -23.7% |
| Shares issued | 140.22M | 139.36M | 138.75M | 140.06M | — | +0.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$489.07M | -$221.26M | $6.03M | $112.16M | — | -121.0% |
| Depreciation & amortisation | $1.20M | $1.42M | $708.00K | $0 | — | -15.0% |
| Stock-based compensation | $14.35M | $18.29M | $16.78M | $7.55M | — | -21.6% |
| Change in working capital | -$76.78M | -$24.61M | -$37.17M | -$13.21M | — | -212.0% |
| Operating cash flow | -$30.46M | $84.52M | $111.14M | $111.03M | — | -136.0% |
| Capital expenditure | -$2.72M | -$1.35M | -$2.09M | -$2.34M | — | -101.8% |
| Investing cash flow | $1.87B | $779.91M | -$39.34M | -$773.30M | — | +139.5% |
| Share buybacks | — | -$3.49M | -$3.90M | -$21.40M | -$3.73M | — |
| Dividends paid | $0 | -$120.68M | -$192.16M | -$208.09M | — | +100.0% |
| Financing cash flow | -$1.78B | -$945.82M | -$205.07M | $676.30M | — | -88.2% |
| Free cash flow | -$33.18M | $83.17M | $109.05M | $108.69M | — | -139.9% |
| End cash position | $190.78M | $133.50M | $214.89M | $348.16M | — | +42.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | -$15.59M | $13.00M | $4.24M | $51.57M | $34.15M | — | -220.0% |
| Operating revenue | -$15.59M | $13.00M | $4.24M | $51.57M | $34.15M | — | -220.0% |
| Selling, general & admin | $6.21M | $5.53M | $8.11M | $6.87M | $9.80M | — | +12.3% |
| Pre-tax income | -$255.43M | -$54.29M | -$219.21M | -$9.53M | -$181.71M | — | -370.5% |
| Net income | -$255.43M | -$54.29M | -$219.21M | -$9.53M | -$181.71M | — | -370.5% |
| Net income to common | -$255.43M | -$54.29M | -$219.21M | -$9.53M | -$181.71M | — | -370.5% |
| Basic EPS | -1.81 | -0.39 | — | -0.07 | -1.30 | -0.56 | -364.1% |
| Diluted EPS | -1.81 | -0.39 | — | -0.07 | -1.30 | -0.56 | -364.1% |
| Basic shares | 141.42M | 140.46M | — | 140.56M | 140.11M | 139.48M | +0.7% |
| Diluted shares | 141.42M | 140.46M | — | 140.56M | 140.11M | 139.48M | +0.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $90.33M | $116.78M | $173.19M | $339.52M | $209.20M | -22.7% |
| Total assets | $3.84B | $4.16B | $4.72B | $5.44B | $5.82B | -7.9% |
| Long-term debt | $1.03B | $1.04B | $1.29B | $1.46B | $1.58B | -0.7% |
| Total debt | $1.03B | $1.04B | $1.29B | $1.46B | $1.58B | -0.7% |
| Total liabilities | $2.60B | $2.67B | $3.19B | $3.69B | $4.07B | -2.8% |
| Retained earnings | -$1.53B | -$1.28B | -$1.22B | -$1.00B | -$993.65M | -20.0% |
| Shareholder equity | $1.24B | $1.49B | $1.53B | $1.75B | $1.76B | -17.1% |
| Net tangible assets | $1.24B | $1.49B | $1.53B | $1.75B | $1.76B | -17.1% |
| Shares issued | 141.08M | 140.22M | 140.22M | 140.22M | 139.82M | +0.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | -$255.43M | -$54.29M | -$219.21M | -$9.53M | -$181.71M | — | -370.5% |
| Depreciation & amortisation | $257.00K | $258.00K | $258.00K | $258.00K | $334.00K | — | -0.4% |
| Stock-based compensation | $1.56M | $2.37M | $2.29M | $2.12M | $4.81M | — | -33.9% |
| Change in working capital | -$8.45M | -$23.49M | -$6.65M | -$1.89M | -$27.32M | — | +64.0% |
| Operating cash flow | -$12.09M | -$6.48M | $2.40M | $8.78M | -$5.85M | — | -86.6% |
| Capital expenditure | -$2.48M | -$2.26M | -$1.25M | -$907.00K | -$519.00K | — | -9.7% |
| Investing cash flow | $51.39M | $400.55M | $338.64M | $505.11M | $749.18M | — | -87.2% |
| Share buybacks | — | — | — | — | — | — | — |
| Dividends paid | — | — | $0 | $0 | $0 | $0 | — |
| Financing cash flow | -$67.49M | -$454.41M | -$506.51M | -$385.55M | -$664.28M | — | +85.1% |
| Free cash flow | -$14.57M | -$8.74M | $1.15M | $7.87M | -$6.37M | — | -66.7% |
| End cash position | $102.25M | $130.44M | $190.78M | $356.26M | $227.92M | — | -21.6% |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.25 | -0.63 | -155.1% |
| Mar 2026 | -0.24 | -0.52 | -119.0% |
| Dec 2025 | -0.13 | -0.71 | -459.7% |
| Sep 2025 | -0.32 | -0.15 | +52.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.39 | 4 | $23.00M | -50.1% |
| Next quarter | -0.37 | 4 | $24.00M | -48.7% |
| Current year | -1.87 | 4 | $106.67M | -43.2% |
| Next year | -0.78 | 4 | $94.33M | -11.6% |
Analyst targets & ownership
Mean target$2.22
High target$2.75
Low target$1.75
Implied upside23.84%
Analyst count3
ConsensusNONE
Strong buy / Buy0 / 0
Hold4
Sell / Strong sell1 / 1
Held by insiders18.28%
Held by institutions58.55%
Institutions holding162
Price targets, consensus spread, insider and institutional ownership.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 5, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Aug 4, 26 | Keefe, Bruyette & Woods | MAINTAINED | Underperform | Underperform |
| Jul 16, 26 | UBS | DOWNGRADE | Buy | Neutral |
| May 13, 26 | Keefe, Bruyette & Woods | MAINTAINED | Underperform | Underperform |
| Mar 2, 26 | Keefe, Bruyette & Woods | MAINTAINED | Underperform | Underperform |
| Feb 20, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Jan 8, 26 | Keefe, Bruyette & Woods | MAINTAINED | Underperform | Underperform |
| Nov 14, 25 | UBS | MAINTAINED | Buy | Buy |
| Aug 12, 25 | Keefe, Bruyette & Woods | MAINTAINED | Underperform | Underperform |
| Jul 10, 25 | Keefe, Bruyette & Woods | MAINTAINED | Underperform | Underperform |
| May 21, 25 | UBS | MAINTAINED | Buy | Buy |
| May 12, 25 | Keefe, Bruyette & Woods | MAINTAINED | Underperform | Underperform |
Moving averages & technicals
SMA 10
1.79
-0.11% from price
SMA 20
1.84
-2.69% from price
SMA 50
2.16
-17.25% from price
SMA 100
2.30
-22.18% from price
SMA 200
2.57
-30.42% from price
EMA 12
1.80
-0.83% from price
EMA 26
1.92
-6.68% from price
EMA 50
2.06
-13.30% from price
RSI (14)
41.4
Neutral
MACD (12,26,9)
-0.11
Hist 0.01
ATR (14)
0.11
5.88% of price
Realised vol 30D
65.1%
Annualised
Bollinger upper
2.11
20, 2σ
Bollinger lower
1.57
20, 2σ
50 / 200 cross
Death
2.16 vs 2.57
Trend bias
Below 200
-30.42%
Risk profile
Beta vs SPY
1.15
More volatile than market
Correlation to SPY
0.24
Largely independent
Realised vol 30D
65.1%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-57.0%
Peak to trough
Max drawdown 5Y
-91.8%
Peak to trough
ATR 14
0.11
5.88% of price
Beta (reported)
1.16
5Y monthly, from filing
SEC filings
Periodic Financial Reports
10-Q · 2026-07-29
Offering Registrations
S-8 · 2026-07-17
Corporate Changes & Voting Matters
8-K · 2026-06-05
Proxy Statements
DEFA14A · 2026-05-19
Corporate Changes & Voting Matters
8-K · 2026-05-12
Periodic Financial Reports
10-Q · 2026-05-06
Annual Report to Shareholders
ARS · 2026-04-22
A correspondence can be sent as a document with another submission type or can be sent as a separate submission
CORRESP · 2026-04-07
Headlines
Claros Mortgage Trust Q2 Earnings Call Highlights
MarketBeat · 23d ago
Claros Mortgage Trust Inc (CMTG) (Q2 2026) Earnings Call Highlights: Navigating Credit ...
GuruFocus.com · 23d ago
Claros Mortgage Trust, Inc. Reports Second Quarter 2026 Results
Business Wire · 24d ago
Claros Mortgage Trust, Inc. Announces Dates for Second Quarter 2026 Earnings Release and Conference Call
Business Wire · 38d ago
Mack Real Estate Group Announces Senior Leadership Promotions and Transitions
Business Wire · 38d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.