Claros Mortgage Trust Inc [NYSE: CMTG] stock went on an upward path that rose over 13.79% on Thursday, amounting to a one-week price increase of more than 15.28%.
Over the last 12 months, CMTG stock dropped by -71.46%. The one-year Claros Mortgage Trust Inc stock forecast points to a potential upside of 26.26. The average equity rating for CMTG stock is currently 3.33, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $367.92 million, with 139.36 million shares outstanding and 113.31 million shares in the current float. Compared to the average trading volume of 764.94K shares, CMTG stock reached a trading volume of 5721099 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Claros Mortgage Trust Inc [CMTG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMTG shares is $3.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMTG stock is a recommendation set at 3.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Claros Mortgage Trust Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 10, 2025. The new note on the price target was released on September 20, 2024, representing the official price target for Claros Mortgage Trust Inc stock.
The Average True Range (ATR) for Claros Mortgage Trust Inc is set at 0.22, with the Price to Sales ratio for CMTG stock in the period of the last 12 months amounting to 2.16. The Price to Book ratio for the last quarter was 0.18, with the Price to Cash per share for the same quarter was set at 0.96. Price to Free Cash Flow for CMTG in the course of the last twelve months was 4.42.
CMTG Stock Performance Analysis:
Claros Mortgage Trust Inc [CMTG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.28. With this latest performance, CMTG shares dropped by -25.42% in over the last four-week period, additionally sinking by -66.37% over the last 6 months – not to mention a drop of -71.46% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CMTG stock in for the last two-week period is set at 40.62, with the RSI for the last a single of trading hit 47.32, and the three-weeks RSI is set at 37.40 for Claros Mortgage Trust Inc [CMTG]. The present Moving Average for the last 50 days of trading for this stock 3.42, while it was recorded at 2.36 for the last single week of trading, and 6.53 for the last 200 days.
Claros Mortgage Trust Inc [CMTG] Institutonal Ownership Details
The top three institutional holders of CMTG stocks are: HYUNDAI INVESTMENTS CO., LTD. with ownership of 27.4 million shares, which is approximately 19.7026%. KOCH INDUSTRIES INC, holding 15.13 million shares of the stock with an approximate value of $$121.32 million in CMTG stocks shares; and KOCH INDUSTRIES INC, currently with $$92.05 million in CMTG stock with ownership which is approximately 8.2693%.
