Blackstone Mortgage Trust, Inc. (BXMT)
Market Cap | 3.45B |
Revenue (ttm) | 670.67M |
Net Income (ttm) | 246.56M |
Shares Out | 173.67M |
EPS (ttm) | 1.43 |
PE Ratio | 13.92 |
Forward PE | 9.51 |
Dividend | $2.48 (12.46%) |
Ex-Dividend Date | Mar 27, 2024 |
Volume | 1,609,958 |
Open | 19.73 |
Previous Close | 19.78 |
Day's Range | 19.73 - 19.95 |
52-Week Range | 16.61 - 23.82 |
Beta | 1.46 |
Analysts | Hold |
Price Target | 21.58 (+8.39%) |
Earnings Date | Apr 24, 2024 |
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, BXMT's revenue was $670.67 million, an increase of 6.79% compared to the previous year's $628.05 million. Earnings were $246.56 million, a decrease of -0.84%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for BXMT stock is "Hold." The 12-month stock price forecast is $21.58, which is an increase of 8.39% from the latest price.
News
Carson Block Warms to Blackstone Mortgage Trust Short
Muddy Waters Capital founder Carson Block says the firm is growing even more convinced about the bet against Blackstone Mortgage Trust Inc. "We feel really good that a dividend cut will be coming in t...
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the first quarter of 2024. This dividend is payab...
Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2023 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its fourth quarter and full year 2023 results. Net income attributable to Blackstone Mortgage Trust for the full ...
Blackstone Mortgage Trust Announces Tax Treatment of 2023 Dividends
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2023 class A common stock dividends. The following table summarizes BXMT's class A comm...
KBW's Jade Rahmani: We're cautious on the commercial mortgage REITs
Jade Rahmani, KBW managing director, joins 'Fast Money' to talk the commercial real estate market.
Blackstone Mortgage Trust Announces Fourth Quarter and Full Year 2023 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 2023 earnings presentation on its website ...
BXMT INVESTOR NOTICE: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Blackstone Mortgage Trust, Inc. Investors to Inquire About Securities Class Action Investigation - BXMT
NEW YORK , Dec. 24, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Blackstone ...
Did Muddy Waters Miss the Boat in Attacking Blackstone Mortgage Trust?
A Muddy Waters critique hurt share prices of the REIT, but they have bounced back since then.
BLACKSTONE ALERT: Bragar Eagel & Squire, P.C. is Investigating Blackstone Mortgage Trust, Inc. on Behalf of Blackstone Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Blackstone Mortgage Trust, Inc. (“Blackstone...
BXMT LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages Blackstone Mortgage Trust, Inc. Investors to Inquire About Securities Class Action Investigation - BXMT
NEW YORK , Dec. 14, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Blackstone ...
BXMT LOSS ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Blackstone Mortgage Trust, Inc. Investors to Inquire About Securities Class Action Investigation – BXMT
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Blackstone Mortgage Trust...
Carson Block shorts Blackstone Mortgage Trust, here's why
Carson Block, Muddy Waters Research founder, joins 'The Exchange' to discuss his latest short position, the outlook for 2024, and more.
Blackstone Mortgage Trust Reports Third Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its third quarter 2023 results. Net income attributable to Blackstone Mortgage Trust for the third quarter was $30...
HOTEL DEL CORONADO ANNOUNCES MORE THAN $160 MILLION RESTORATION AND REVITALIZATION OF HISTORIC VICTORIAN BUILDING
Represents Final Phase of Blackstone Real Estate's More Than $550 Million Investment in the Property SAN DIEGO , Oct. 16, 2023 /PRNewswire/ -- The legendary Hotel del Coronado , part of Curio Collect...
Blackstone Mortgage Trust Announces Third Quarter 2023 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 2023 earnings presentation on its website at www.bxmt.com...
Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...
Blackstone Mortgage Trust revenue beats as stock price rallies
Blackstone Mortgage Trust (NYSE: BXMT) published strong financial results for the second quarter. In a statement, the company's interest and related income rose from over $283 million in 2022 to over ...
Blackstone Mortgage Trust Reports Second Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its second quarter 2023 results. Net income attributable to Blackstone Mortgage Trust for the second quarter was $...
Blackstone Mortgage Trust Announces Second Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its second quarter 2023 earnings presentation on its website at www.bxmt.co...
Blackstone Mortgage Trust: Buy the 9.5% yielding BXMT stock
The Blackstone Mortgage Trust (NYSE: BXMT) stock price has bounced back in the past few weeks even as the challenges in the real estate market remain. BXMT shares jumped to a high of $20, ~20% above t...
Blackstone Mortgage Trust Reports First Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its first quarter 2023 results. Net income attributable to Blackstone Mortgage Trust for the first quarter was $11...
Blackstone Mortgage Trust Announces First Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its first quarter 2023 earnings presentation on its website at www.bxmt.com...
Risk isn't fully priced into commercial REITs, says KBW's Jade Rahmani
Jade Rahmani, KBW commercial real estate analyst, joins 'The Exchange' to discuss the fall in commercial real estate and his outlook for the sector.
Blackstone Mortgage Trust swings to a loss as it builds up reserves
Blackstone Mortgage Trust Co. stock fell nearly 5% Wednesday as it swung to a fourth-quarter loss while hiking reserves for potential credit losses, but its distributable earnings beat estimates.
Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2022 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2022 results. Net income attributable to Blackstone Mortgage Trust for the full y...