Blackstone Mortgage Trust, Inc. (BXMT)
| Market Cap | 3.10B |
| Revenue (ttm) | -102.52M |
| Net Income (ttm) | -243.66M |
| Shares Out | 174.62M |
| EPS (ttm) | -1.47 |
| PE Ratio | n/a |
| Forward PE | 118.18 |
| Dividend | $2.33 (13.11%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 558,568 |
| Open | 17.77 |
| Previous Close | 17.91 |
| Day's Range | 17.52 - 17.82 |
| 52-Week Range | 16.53 - 22.04 |
| Beta | 1.53 |
| Analysts | Buy |
| Price Target | 20.31 (+14.26%) |
| 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 $20.31, which is an increase of 14.26% from the latest price.
News
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...
Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks With Over 9% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
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...
Assessing Blackstone Mortgage's Performance For Q2 2024
BXMT recorded a minor decrease in BV as expected, with a net increase in CECL reserves and a slight underperformance in BV per share. Adjusted core earnings/EAD saw a minor outperformance due to a sma...
Blackstone Mortgage Trust Could Be In For More Trouble
Blackstone Mortgage Trust continues to struggle as office impairments mount against the REIT's portfolio. BXMT's management acknowledges volatility ahead, with ongoing impairments impacting distributa...
Blackstone Mortgage Trust Faces Serious Headwinds
Blackstone Mortgage Trust Inc.'s (BXMT, Financial) prospects are in the limelight amid a changing interest rate environment and a recent dividend cut. The mortgage real estate investment trust has she...
3 'Beaten Down' Mortgage REITs: Darkest Before Dawn?
Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of...