Loading...
Claros Mortgage Trust reported a GAAP net loss of $56.2 million, or $0.40 per share, and a distributable loss of $24.6 million, or $0.17 per share for the third quarter of 2024. Distributable earnings prior to realized losses was $31.0 million, or $0.22 per share.
Loan portfolio of $6.3 billion with a weighted average all-in yield of 8.4%.
Received loan repayments of $374 million.
Total liquidity of $116 million, including $114 million of cash.
Paid a cash dividend of $0.10 per share of common stock for the third quarter of 2024.
Analyze how earnings announcements historically affect stock price performance