Blackstone Mortgage Trust, Inc. (BXMT)
| Market Cap | 3.15B |
| Revenue (ttm) | -102.52M |
| Net Income (ttm) | -243.66M |
| Shares Out | 174.62M |
| EPS (ttm) | -1.47 |
| PE Ratio | n/a |
| Forward PE | 219.34 |
| Dividend | $1.88 (10.43%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 1,694,682 |
| Open | 17.93 |
| Previous Close | 17.72 |
| Day's Range | 17.78 - 18.26 |
| 52-Week Range | 16.53 - 20.73 |
| Beta | 1.54 |
| Analysts | Buy |
| Price Target | 20.38 (+13.03%) |
| Earnings Date | Feb 12, 2025 |
About BXMT
Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company originates and acquires senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets. It operates as a real estate investment trust for federal income tax purposes. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, ... [Read more]
Financial Performance
In 2023, Blackstone Mortgage Trust's revenue was $420.88 million, an increase of 1.04% compared to the previous year's $416.55 million. Earnings were $246.56 million, a decrease of -0.84%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for BXMT stock is "Buy." The 12-month stock price forecast is $20.38, which is an increase of 13.03% from the latest price.
News
Blackstone Mortgage: Dividend Yield High But Not Well Positioned For High Interest Rates
BXMT's high dividend yield and seemingly cheap valuation are attractive, but its office-dominated loan book is poorly positioned for the current high interest rate environment. Rising interest rates i...
High Yield REITs Whacked By Higher Rates
Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around th...
Blackstone Mortgage Trust Announces Fourth-Quarter and Full-Year 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its fourth-quarter and full-year 2024 earnings presentation on its website ...
2 High-Yielding Cash Cows For A Comfortable Retirement
Income investors should consider dividend stocks like Energy Transfer and Ladder Capital for steady cash flow and long-term wealth building. Energy Transfer offers a 6.6% yield, benefits from rising n...
Blackstone Mortgage Trust: Pocketed CRE Troubles Are Still Brewing
Blackstone Mortgage Trust, Inc. faces significant challenges due to high distress rates in office, multifamily, and hospitality sectors, which make up 80% of its collateral pool. The office sector rem...
Blackstone Mortgage Trust Declares $0.47 Per Share Dividend
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.47 per share of class A common stock with respect to the fourth quarter of 2024. This dividend is paya...
Blackstone Mortgage Trust Announces Pricing of Offering of Senior Secured Notes
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company” or “BXMT”) announced the pricing of a private offering of $450 million in aggregate principal amount of its 7.750...
Blackstone Mortgage Trust Announces Offering of Senior Secured Notes
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company” or “BXMT”) today announced it has commenced a private offering of $450 million in aggregate principal amount of i...
Blackstone Mortgage Trust Announces Continued Momentum in Credit Outcomes
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced strong quarter-to-date progress on repayments and non-performing loan resolutions: $1.0 billion of total repayme...
3 High Yield October Dividend Payers: Blackstone, Ready Capital And Medical Property Trust
My portfolio, Rose's Income Garden (RIG), is highly diversified with 84 investments across all 11 sectors, ensuring resilience against market fluctuations. Despite three dividend cuts in October, I re...
3 REITs That Will Likely Cut Their Dividends
There is a minority of REITs that are really struggling. Overleverage, conflicts of interest, and risky assets. Here are 3 REITs that are at high risk of cutting their dividend.
Ladder Capital Vs. Blackstone Mortgage (Only 1 Winner)
Commercial mREITs have historically faced challenges during economic downturns, with recent underperformance compared to equity REITs, highlighting the importance of cautious investment. BXMT's focus ...
BXMT: Is Blackstone Mortgage Trust a good dividend stock?
Blackstone Mortgage Trust (BXMT) looks like a good dividend company to invest in. It has an exciting dividend yield of almost 10%, trades below book value, and is part of Blackstone, the biggest priva...
Blackstone Mortgage Trust: 10% Yield For Risk-Seeking Investors
Blackstone Mortgage Trust faces ongoing credit quality issues, particularly in its U.S. office segment, leading to under-earned dividends despite a recent 24% cut. The trust's distributable earnings f...
Blackstone Mortgage Trust (BXMT) Q3 2024 Earnings Call Transcript
Blackstone Mortgage Trust Inc. (NYSE:BXMT) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Katie Keenan - Chief Executive Officer Anthony Marone - Chief Financial Of...
Blackstone Mortgage Trust Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its third quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $56 mi...
8%-Yielding Cash Cows To Make Money While You Sleep
Dividend-paying stocks like Energy Transfer and Ladder Capital offer high yields and diversification, making them attractive for income-focused investors. ET's robust growth is driven by strategic acq...
Blackstone Mortgage Trust Announces Third Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its third quarter 2024 earnings presentation on its website at www.bxmt.com...
5 Shares Yielding 8% To 11%
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.
Global Travel Technology Company OYO to Acquire G6 Hospitality from Blackstone Real Estate
NEW DELHI & DALLAS--(BUSINESS WIRE)--Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has agreed to acquire G6 Hospitality, the leading economy lod...
