How to Buy Claros Mortgage Trust Stock
Claros Mortgage Trust Inc
Claros Mortgage Trust is a mortgage REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker CMTG on the NYSE exchange.
Claros Mortgage Trust stock last closed at $9.29, up 1.75% from the previous day, and has decreased 16% in one year. It has underperformed other stocks in the REIT - Mortgage industry by 0.19 percentage points. Claros Mortgage Trust stock is currently +10.99% from its 52-week low of $8.37, and -39.08% from its 52-week high of $15.25.
As of May 3, 2024, there are 138.75M shares of CMTG outstanding. The market cap of CMTG is $1.29B. In the last 24 hours, 339,419 CMTG shares were traded.
How to Buy Claros Mortgage Trust Stock
Not sure how to invest in Claros Mortgage Trust stock? Here's how.
- Choose where to buy Claros Mortgage Trust stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Claros Mortgage Trust stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- Analyze Claros Mortgage Trust stock: The Claros Mortgage Trust ticker symbol is CMTG. Is Claros Mortgage Trust stock a good investment? Should you buy shares of CMTG? How do CMTG's underlying business fundamentals look? Do top analysts think Claros Mortgage Trust is a good buy? Why has CMTG's stock price moved recently? (Hint: Our stock market research tools can help you decide if CMTG is a good stock to buy).
- Execute your CMTG buy order: Decide if you will purchase CMTG shares at the current market price or use a limit order to purchase CMTG shares at a particular price.
- Keep tabs on your CMTG investment: Create a watchlist to get the latest news on your new investment in Claros Mortgage Trust stock.
Step 1: Choose where to buy Claros Mortgage Trust stock
You need an online brokerage account to access the NYSE market and buy CMTG stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to invest in CMTG stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on stock apps to use, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Analyze Claros Mortgage Trust stock
Once you have chosen the best place to buy Claros Mortgage Trust stock, it's critical to analyze their stock prior to buying, so you truly wrap your head around the risk and upside.
Overview of key CMTG info
CMTG Zen Score
WallStreetZen was built to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on CMTG's stock page.
Is CMTG stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge CMTG's intrinsic value.
Using relative valuations metrics:
- CMTG could be overvalued based on its P/E ratio of 464.5x, relative to REIT - Mortgage industry P/E ratio of 58.88x
- CMTG could be undervalued based on its P/B ratio of 0.56x, relative to REIT - Mortgage industry P/B ratio of 0.73x
You can do more valuation research on CMTG's stock here.
A quick look at CMTG Financials
Signs that CMTG is not financially healthy:
- CMTG's operating cash flow of $111.14M allows it to safely service it's debt of $5.56B.
- CMTG earnings of $29.66M is not sufficient to cover its interest payments.
- CMTG profit margin has gone down from 39% to 2% in the past year.
- CMTG has a relatively high debt to equity ratio of 2.51.
Is CMTG stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who give recommendations on CMTG, the consensus analyst rating on Claros Mortgage Trust is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Claros Mortgage Trust stock forecast page.
CMTG Technicals
CMTG Growth Numbers
Last year, CMTG earnings were $6.03M. During the last 4 year, CMTG's earnings have gone up by -66.08% per year. This was slower than the REIT - Mortgage industry average of -14.66%.
Last year, CMTG revenue was $306.55M. During the last four year, CMTG's revenue has gone up by 5.27% per year. This was faster than the REIT - Mortgage industry average of 1.89%.
Find out more about CMTG's earnings and revenue performance here.
What are CMTG executives and large shareholders up to?
Over the last year, insiders at CMTG have sold more shares than they have bought.
Jai Agarwal, CHIEF FINANCIAL OFFICER of CMTG, was the latest CMTG insider to sell. They sold $73,583.67 worth of CMTG shares on Aug 4, 2023.
Dig into more about who owns CMTG stock here.
Can I rely on CMTG as an income stream?
No, Claros Mortgage Trust doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your CMTG buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open Trade button and your broker will place your order.
If you need more help buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your CMTG investment
Now that you own some CMTG stock, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to keep tabs on your CMTG stock.
CMTG Feed
How to Buy Stock in Claros Mortgage Trust
To summarize, here are the 6 steps you need to take to buy Claros Mortgage Trust stock right now:
- Choose where to buy Claros Mortgage Trust stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Claros Mortgage Trust stock
- Execute your CMTG buy order
- Keep tabs on your CMTG investment
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Claros Mortgage Trust, create a watchlist on WallStreetZen today.
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