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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:BXMT

Blackstone Mortgage Trust (BXMT) Stock Price, News & Analysis

$18.33
+0.10 (+0.55%)
(As of 04/18/2024 ET)
Today's Range
$18.22
$18.55
50-Day Range
$18.13
$20.49
52-Week Range
$16.83
$23.82
Volume
1.68 million shs
Average Volume
2.11 million shs
Market Capitalization
$3.18 billion
P/E Ratio
13.00
Dividend Yield
13.53%
Price Target
$20.83

Blackstone Mortgage Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
13.7% Upside
$20.83 Price Target
Short Interest
Bearish
15.44% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.65
Upright™ Environmental Score
News Sentiment
0.86mentions of Blackstone Mortgage Trust in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$112,642 Sold Last Quarter
Proj. Earnings Growth
21.05%
From $1.90 to $2.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.57 out of 5 stars

Finance Sector

154th out of 822 stocks

Real Estate Investment Trusts Industry

25th out of 176 stocks

BXMT stock logo

About Blackstone Mortgage Trust Stock (NYSE: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, Inc. was incorporated in 1998 and is headquartered in New York, New York.

BXMT Stock Price History

BXMT Stock News Headlines

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During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
BXMT Dividend Yield Pushes Above 13%
Blackstone Mortgage: Too Much Uncertainty
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Q4 2023 Blackstone Mortgage Trust Inc Earnings Call
Blackstone Mortgage Trust Inc. Q4 Loss decreases, but misses estimates
See More Headlines
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Company Calendar

Last Earnings
10/26/2022
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.83
High Stock Price Target
$22.00
Low Stock Price Target
$18.50
Potential Upside/Downside
+13.7%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$246.55 million
Pretax Margin
12.53%

Debt

Sales & Book Value

Annual Sales
$2.04 billion
Cash Flow
$2.75 per share
Book Value
$25.47 per share

Miscellaneous

Free Float
171,903,000
Market Cap
$3.18 billion
Optionable
Optionable
Beta
1.42
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Key Executives

  • Ms. Katharine A. KeenanMs. Katharine A. Keenan (Age 39)
    CEO, President & Director
  • Mr. Anthony Francis Marone Jr. (Age 41)
    CPA, CFO, Treasurer & Assistant Secretary
  • Mr. Timothy Johnson (Age 43)
    Chairman of the Board, Global Head of BREDS & Senior MD
  • Mr. Jonathan D. Gray CIMA (Age 55)
    BX President, COO & Senior MD
  • Mr. Austin Pena (Age 38)
    Executive VP of Investments & MD
  • Mr. Paul Kolodziej (Age 45)
    Head of Accounting
  • Mr. Timothy Paul Hayes Jr. (Age 33)
    Vice President of Shareholder Relations
  • Mr. Leon Volchyok (Age 40)
    Chief Legal Officer & Secretary
  • Mr. Stephen D. Plavin (Age 65)
    Senior Managing Director
  • Mr. Kenneth A. Caplan (Age 51)
    BX Global Co-Chief Investment Officer & Senior MD

BXMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Blackstone Mortgage Trust stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BXMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BXMT, but not buy additional shares or sell existing shares.
View BXMT analyst ratings
or view top-rated stocks.

What is Blackstone Mortgage Trust's stock price target for 2024?

6 Wall Street research analysts have issued 1 year price targets for Blackstone Mortgage Trust's shares. Their BXMT share price targets range from $18.50 to $22.00. On average, they anticipate the company's share price to reach $20.83 in the next year. This suggests a possible upside of 13.7% from the stock's current price.
View analysts price targets for BXMT
or view top-rated stocks among Wall Street analysts.

How have BXMT shares performed in 2024?

Blackstone Mortgage Trust's stock was trading at $21.27 at the start of the year. Since then, BXMT shares have decreased by 13.8% and is now trading at $18.33.
View the best growth stocks for 2024 here
.

Are investors shorting Blackstone Mortgage Trust?

Blackstone Mortgage Trust saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 26,810,000 shares, an increase of 6.4% from the March 15th total of 25,190,000 shares. Based on an average daily volume of 2,100,000 shares, the short-interest ratio is currently 12.8 days.
View Blackstone Mortgage Trust's Short Interest
.

When is Blackstone Mortgage Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our BXMT earnings forecast
.

How can I listen to Blackstone Mortgage Trust's earnings call?

Blackstone Mortgage Trust will be holding an earnings conference call on Wednesday, April 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Blackstone Mortgage Trust's earnings last quarter?

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) issued its quarterly earnings results on Wednesday, October, 26th. The real estate investment trust reported $0.71 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.04. Blackstone Mortgage Trust had a net margin of 12.10% and a trailing twelve-month return on equity of 11.01%. During the same period last year, the firm posted $0.57 EPS.

How often does Blackstone Mortgage Trust pay dividends? What is the dividend yield for Blackstone Mortgage Trust?

Blackstone Mortgage Trust declared a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.62 per share on Monday, April 15th. This represents a $2.48 annualized dividend and a dividend yield of 13.53%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for BXMT
.

Is Blackstone Mortgage Trust a good dividend stock?

Blackstone Mortgage Trust (NYSE:BXMT) pays an annual dividend of $2.48 per share and currently has a dividend yield of 13.59%. BXMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 175.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BXMT will have a dividend payout ratio of 107.83% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BXMT.

What other stocks do shareholders of Blackstone Mortgage Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Mortgage Trust investors own include AT&T (T), Blackstone (BX), New Residential Investment (NRZ), Exxon Mobil (XOM), Energy Transfer (ET), Endologix (ELGX), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Starwood Property Trust (STWD) and Ares Capital (ARCC).

Who are Blackstone Mortgage Trust's major shareholders?

Blackstone Mortgage Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include MADDEN SECURITIES Corp (0.13%), Wealth Enhancement Advisory Services LLC (0.02%), True North Advisors LLC (0.01%), Future Financial Wealth Managment LLC (0.00%), Westend Capital Management LLC (0.00%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Anthony F Marone Jr, Anthony F Marone, Jr, Douglas N Armer, Douglas N Armer, Henry N Nassau, Jonathan Lee Pollack, Katharine A Keenan, Katharine A Keenan, Leonard W Cotton and Michael B Nash.
View institutional ownership trends
.

How do I buy shares of Blackstone Mortgage Trust?

Shares of BXMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BXMT) was last updated on 4/19/2024 by MarketBeat.com Staff

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