Blackstone Mortgage Trust, Inc. (BXMT)

NYSE: BXMT · IEX Real-Time Price · USD
29.03
+0.41 (1.43%)
Jun 24, 2022 4:00 PM EDT - Market closed
1.43%
Market Cap 4.94B
Revenue (ttm) 539.03M
Net Income (ttm) 438.98M
Shares Out 170.29M
EPS (ttm) 2.79
PE Ratio 10.42
Forward PE 10.46
Dividend $2.48 (8.54%)
Ex-Dividend Date Jun 29, 2022
Volume 3,933,072
Open 28.86
Previous Close 28.62
Day's Range 28.84 - 29.60
52-Week Range 25.99 - 34.04
Beta 1.25
Analysts Buy
Price Target 35.02 (+20.6%)
Earnings Date Jul 27, 2022

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... [Read more...]

Industry Mortgage Real Estate Investment Trusts (REITs)
Founded 1966
CEO Stephen Plavin
Country United States
Stock Exchange NYSE
Ticker Symbol BXMT
Full Company Profile

Financial Performance

In 2021, BXMT's revenue was $514.47 million, an increase of 19.04% compared to the previous year's $432.18 million. Earnings were $419.19 million, an increase of 204.49%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for BXMT stock is "Buy." The 12-month stock price forecast is 35.02, which is an increase of 20.63% from the latest price.

Price Target
$35.02
(20.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

2 REITs That Are Outperforming the Dow Jones

One owns commercial real estate; the other lends to CRE owners. And they're both doing exceptionally well.

Other symbols: ADC

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 2022. This dividend is payabl...

Blackstone Mortgage Trust Awarded NAREIT Gold Investor CARE (Communications & Reporting Excellence) Award

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it has received the 2022 NAREIT Gold Investor CARE (Communications & Reporting Excellence) Award, which recog...

Blackstone Mortgage Trust (BXMT) Misses Q1 Earnings and Revenue Estimates

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of -1.59% and 1.15%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Blackstone Mortgage Trust Reports First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its first quarter 2022 results. Net income attributable to Blackstone Mortgage Trust for the first quarter was $99.7...

Blackstone Mortgage Trust (BXMT) Reports Next Week: Wall Street Expects Earnings Growth

Blackstone Mortgage (BXMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Blackstone Mortgage Trust Announces First Quarter 2022 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 2022 earnings presentation on its website at www.bxmt.com a...

Blackstone Mortgage Trust Announces Pricing of Public Offering of Convertible Senior Notes

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced the pricing of an underwritten public offering of $300 million aggregate principal amount of its 5...

Blackstone Mortgage Trust Announces Public Offering of Convertible Senior Notes

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced it has commenced an underwritten public offering of $300 million aggregate principal amount of con...

Blackstone Mortgage Trust to Present at the Citi Global Property Conference 2022

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust (NYSE:BXMT) announced today that Katie Keenan, Chief Executive Officer, is scheduled to present at the Citi Global Property Conference 2022 on Tuesda...

Will Higher Interest Rates Mean Lower Dividends for These 3 Mortgage REITs?

Mortgage REITs sport incredibly high dividend yields, but how vulnerable are those yields to rising interest rates?

Other symbols: ABRBXNLY

Blackstone Mortgage Trust (BXMT) Q4 Earnings and Revenues Top Estimates

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of 25.81% and 39.49%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2021 Results

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2021 results. Full year EPS, Distributable EPS, and dividends paid per share were $...

Blackstone Mortgage Trust (BXMT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Blackstone Mortgage (BXMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Blackstone Mortgage Trust Announces Tax Treatment of 2021 Dividends

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2021 class A common stock dividends. The following table summarizes Blackstone Mortgage T...

Love Dividends? Buy These 2 REITs

Blackstone Mortgage Trust and CTO Realty Growth both pay out nicely from very different business models.

Other symbols: CTO

Blackstone Mortgage Trust Announces Fourth Quarter and Full Year 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 fourth quarter and full year 2021 earnings presentation on its website at...

This Stock Yields Over 8% and Could Be Worth a Look

Not all high-dividend stocks are good investments, but this one looks interesting.

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

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

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

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

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....

3 mREIT Stocks to Buy as Industry Continues to Gain Momentum

The Zacks REIT and Equity Trust industry will continue to benefit from robust purchase origination momentum, favorable residential credit market and higher MSR valuations. NLY, BXMT and RWT are poised t...

Other symbols: NLYRWT

Blackstone Mortgage Trust (BXMT) Surpasses Q3 Earnings and Revenue Estimates

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of 1.61% and 0.36%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Blackstone Mortgage Trust Reports Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its third quarter 2021 results. Third quarter EPS, Distributable EPS, and dividends paid per share were $0.56, $0.63...

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.