Skip to main content

Blackstone Mortgage Trust, Inc. (BXMT)

NYSE: BXMT · IEX Real-Time Price · USD
32.10
-0.08 (-0.25%)
After-hours:Oct 15, 2021 6:37 PM EDT
32.18
-0.27 (-0.83%)
At close: Oct 15, 4:00 PM
Market Cap5.05B
Revenue (ttm)447.51M
Net Income (ttm)384.97M
Shares Out147.34M
EPS (ttm)2.62
PE Ratio12.29
Forward PE12.05
Dividend$2.48 (7.71%)
Ex-Dividend DateSep 29, 2021
Volume1,304,131
Open32.88
Previous Close32.45
Day's Range32.17 - 32.95
52-Week Range19.10 - 32.95
Beta1.37
AnalystsBuy
Price Target33.57 (+4.3%)
Est. Earnings DateOct 28, 2021

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 operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. w...

IndustryMortgage Real Estate Investment Trusts (REITs)
Founded1966
CEOStephen Plavin
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolBXMT
Full Company Profile

Financial Performance

In 2020, BXMT's revenue was $432.18 million, an increase of 1.89% compared to the previous year's $424.18 million. Earnings were $137.67 million, a decrease of -54.95%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for BXMT stock is "Buy." The 12-month stock price forecast is 33.57, which is an increase of 4.32% from the latest price.

Price Target
$33.57
(4.32% upside)
Analyst Consensus: Buy

News

Blackstone Mortgage Trust Announces Third Quarter 2021 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 2021 earnings presentation on its website at www.bxmt.com a...

1 week ago - Business Wire

Blackstone Mortgage Trust Passes Through 8% Yield Mark

In trading on Wednesday, shares of Blackstone Mortgage Trust were yielding above the 8% mark based on its quarterly dividend (annualized to $2.48), with the stock changing hands as low as $30.83 on the ...

1 week ago - Forbes

Blackstone Mortgage Trust Announces Closing of Offering of Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) (the “Company”) today announced the closing of its private offering of $400 million in aggregate principal amount of its 3.750% sen...

1 week ago - Business Wire

MGM Resorts International Closes Purchase Of Infinity World's 50% Interest In CityCenter And Completes Sale-Leaseback...

LAS VEGAS, Sept. 28, 2021 /PRNewswire/ -- MGM Resorts International ("MGM Resorts" or the "Company") (NYSE: MGM) today announced the closing of the previously announced purchase of Infinity World Develo...

Other symbols:MGM
2 weeks ago - PRNewsWire

Blackstone Mortgage Trust Announces Pricing of Offering of Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) (the “Company”) announced the pricing of a private offering of $400 million in aggregate principal amount of its 3.750% senior secu...

2 weeks ago - Business Wire

Blackstone Mortgage Trust Announces Offering of Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) (the “Company”) today announced it has commenced a private offering of $400 million in aggregate principal amount of its senior sec...

3 weeks 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 third quarter of 2021. This dividend is payable...

1 month ago - Business Wire

Blackstone Mortgage Trust Announces Closing of Public Offering of Class A Common Stock

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today announced the closing of its underwritten public offering of its class A common stock. A total of 10,000,000 shares of class ...

1 month ago - Business Wire

Blackstone Mortgage Trust Announces Pricing of Public Offering of Class A Common Stock

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today announced the pricing of an underwritten public offering of 10,000,000 shares of its class A common stock. The underwriters h...

1 month ago - Business Wire

Blackstone Mortgage Trust Announces Public Offering of Class A Common Stock

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) (the “Company”) today announced it has commenced an underwritten public offering of 10,000,000 shares of its class A common stock. ...

1 month ago - Business Wire

Blackstone Mortgage Trust (BXMT) Q2 Earnings Meet Estimates

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of 0.00% and -0.50%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Blackstone Mortgage Trust: Q2 Earnings Insights

Shares of Blackstone Mortgage Trust (NYSE:BXMT) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share decreased 1.61% year over year to $0.61, which beat the estimat...

2 months ago - Benzinga

Blackstone Mortgage Trust Reports Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its second quarter 2021 results. Katie Keenan, Chief Executive Officer, said, “BXMT delivered compelling results thi...

2 months ago - Business Wire

Nnenna Lynch Appointed to Board of Directors of Blackstone Mortgage Trust

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) announced today that Nnenna Lynch has been appointed to its Board of Directors, effective immediately. Ms. Lynch brings a diverse ...

2 months ago - Business Wire

Blackstone Mortgage Trust (BXMT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Blackstone Mortgage (BXMT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Blackstone Mortgage Trust Announces Second Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its second quarter 2021 earnings presentation on its website at www.bxmt.com and file its For...

3 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 second quarter of 2021. This dividend is payabl...

4 months ago - Business Wire

Katie Keenan Named Chief Executive Officer of Blackstone Mortgage Trust

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today announced that Katie Keenan, BXMT's President, has been named Chief Executive Officer of BXMT, effective June 30, 2021. She w...

4 months ago - Business Wire

Blackstone Mortgage Trust (BXMT) Q1 Earnings and Revenues Lag Estimates

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of -3.28% and -4.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Other symbols:BX
5 months ago - Zacks Investment Research

Blackstone Mortgage Trust Reports First Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its first quarter 2021 results. Stephen D. Plavin, Chief Executive Officer, said, “BXMT's first quarter demonstrated...

5 months ago - Business Wire

Blackstone Mortgage Trust Announces First Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its first quarter 2021 earnings presentation on its website at www.bxmt.com and file its Form...

6 months ago - Business Wire

Blackstone Mortgage Trust to Present at the Citi 2021 Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) announced today that Steve Plavin, Chief Executive Officer, will present at the Citi 2021 Global Property CEO Conference on Monday,...

7 months ago - Business Wire

Blackstone Mortgage Trust (BXMT) Misses Q4 Earnings and Revenue Estimates

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of -4.76% and -6.74%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Other symbols:BX
8 months ago - Zacks Investment Research

Recap: Blackstone Mortgage Trust Q4 Earnings

Shares of Blackstone Mortgage Trust (NYSE:BXMT) decreased 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 11.76% over the past year to $0...

Other symbols:BX
8 months ago - Benzinga

Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2020 Results

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2020 results. Full year EPS, Distributable EPS, and dividends paid per share were $...

8 months ago - Business Wire