Blackstone Mortgage Trust, Inc. (BXMT)

NYSE: BXMT · IEX Real-Time Price · USD
19.79
+0.27 (1.38%)
At close: Feb 27, 2024, 4:00 PM
19.86
+0.07 (0.35%)
After-hours: Feb 27, 2024, 7:42 PM EST
1.38%
Market Cap 3.43B
Revenue (ttm) 670.67M
Net Income (ttm) 246.56M
Shares Out 173.67M
EPS (ttm) 1.43
PE Ratio 13.84
Forward PE 9.60
Dividend $2.48 (12.53%)
Ex-Dividend Date Dec 28, 2023
Volume 925,333
Open 19.71
Previous Close 19.52
Day's Range 19.59 - 19.87
52-Week Range 16.61 - 23.82
Beta 1.46
Analysts Hold
Price Target 21.70 (+9.65%)
Earnings Date Feb 14, 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]

Industry REIT - Mortgage
Sector Real Estate
Founded 1966
Country United States
Stock Exchange NYSE
Ticker Symbol BXMT
Full Company Profile

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 Statements

Analyst Forecast

According to 5 analysts, the average rating for BXMT stock is "Hold." The 12-month stock price forecast is $21.7, which is an increase of 9.65% from the latest price.

Price Target
$21.7
(9.65% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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 ...

13 days ago - Business Wire

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...

4 weeks ago - Business Wire

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.

5 weeks ago - CNBC Television

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 ...

7 weeks ago - Business Wire

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 ...

2 months ago - PRNewsWire

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.

2 months ago - Barrons

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...

2 months ago - Business Wire

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 fourth quarter of 2023. This dividend is paya...

2 months ago - Business Wire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - Business Wire

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.

2 months ago - CNBC Television

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...

4 months ago - Business Wire

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...

4 months ago - PRNewsWire

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...

5 months ago - Business Wire

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...

Other symbols: AANALLYAPLEBXDEENRFF
6 months ago - PRNewsWire

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 ...

7 months ago - Invezz

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 $...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Invezz

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...

10 months ago - Business Wire

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...

11 months ago - Business Wire

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.

Other symbols: BMRCKREFOZK
1 year ago - CNBC Television

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.

1 year ago - Market Watch

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...

1 year ago - Business Wire

Gilda Perez-Alvarado Appointed to the Board of Directors of Blackstone Mortgage Trust

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) announced today that global hospitality expert Gilda Perez-Alvarado has been appointed to its Board of Directors. BXMT also an...

1 year ago - Business Wire