Claros Mortgage Trust, Inc. (CMTG)
(Real Time Quote from BATS)
$6.58 USD
+0.25 (3.95%)
Updated Nov 4, 2024 03:49 PM ET
After-Market: $6.60 +0.02 (0.30%) 4:18 PM ET
3-Hold of 5 3
D Value F Growth D Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
CMTG 6.58 +0.25(3.95%)
Will CMTG be a Portfolio Killer in November?
Zacks Investment Research is releasing its prediction for CMTG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CMTG
FinWise Bancorp (FINW) Surpasses Q3 Earnings and Revenue Estimates
Claros Mortgage Trust, Inc. (CMTG) Q2 Earnings and Revenues Beat Estimates
CMTG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Byline Bancorp (BY) Beats Q2 Earnings and Revenue Estimates
DigitalBridge (DBRG) Q1 Earnings and Revenues Miss Estimates
Claros Mortgage Trust, Inc. (CMTG) Loses -21.55% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Other News for CMTG
Claros Mortgage price target lowered by $2.50 at JPMorgan, here's why
Strategy To YieldBoost CMTG From 6.3% To 15.4% Using Options
Claros Mortgage Trust: A Commercial Lender Focusing On Transitional Assets
Annaly, AGNC Investment upped, Claros, ACRE, Velocity cut at Wells Fargo
Claros Mortgage just downgraded at Wells Fargo, here's why