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NYSE:BXMT

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

$18.28
-0.07 (-0.38%)
(As of 09/6/2024 ET)
Today's Range
$18.10
$18.39
50-Day Range
$17.09
$19.74
52-Week Range
$16.53
$23.67
Volume
1.10 million shs
Average Volume
2.05 million shs
Market Capitalization
$3.17 billion
P/E Ratio
609.33
Dividend Yield
10.28%
Price Target
$19.58

Blackstone Mortgage Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
7.1% Upside
$19.58 Price Target
Short Interest
Bearish
14.21% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.64
Upright™ Environmental Score
News Sentiment
0.92mentions of Blackstone Mortgage Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$1.45 M Bought Last Quarter
Proj. Earnings Growth
-19.07%
From $1.94 to $1.57 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.

2.79 out of 5 stars

Finance Sector

499th out of 871 stocks

Real Estate Investment Trusts Industry

103rd out of 178 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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See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
7/24/2024
Today
9/07/2024
Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$19.58
High Stock Price Target
$23.00
Low Stock Price Target
$17.50
Potential Upside/Downside
+7.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$246.55 million
Pretax Margin
-7.59%

Debt

Sales & Book Value

Annual Sales
$2.04 billion
Cash Flow
$2.78 per share
Book Value
$23.07 per share

Miscellaneous

Free Float
171,970,000
Market Cap
$3.17 billion
Optionable
Optionable
Beta
1.49
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Key Executives

  • Mr. Timothy Johnson (Age 44)
    Chairman of the Board, Global Head of BREDS & Senior MD
  • Ms. Katharine Amelia KeenanMs. Katharine Amelia Keenan (Age 39)
    CEO, President & Director
  • Mr. Anthony Francis Marone Jr. (Age 41)
    CPA, CFO, Treasurer & Assistant Secretary
  • Mr. Jonathan D. Gray CIMA (Age 55)
    BX President, COO & Senior MD
  • Mr. Austin Pena (Age 38)
    Executive VP of Investments & MD
  • Mr. Timothy Paul Hayes Jr. (Age 33)
    Vice President of Shareholder Relations
  • Mr. Scott Aaron Mathias (Age 45)
    Chief Compliance 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
  • Ms. Kathleen Theresa McCarthy Baldwin
    BX Global Co-Head of Real Estate & Senior MD

BXMT Stock Analysis - Frequently Asked Questions

How have BXMT shares performed this year?

Blackstone Mortgage Trust's stock was trading at $21.27 at the start of the year. Since then, BXMT stock has decreased by 14.1% and is now trading at $18.28.
View the best growth stocks for 2024 here
.

How were Blackstone Mortgage Trust's earnings last quarter?

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) posted its earnings results on Wednesday, July, 24th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.04. The real estate investment trust had revenue of $466.15 million for the quarter, compared to analyst estimates of $131.87 million. Blackstone Mortgage Trust had a positive trailing twelve-month return on equity of 10.16% and a negative net margin of 7.98%.

Who are Blackstone Mortgage Trust's major shareholders?

Blackstone Mortgage Trust's top institutional shareholders include Principal Financial Group Inc. (0.49%), Van ECK Associates Corp (0.45%), Point72 Asset Management L.P. (0.35%) and Rhumbline Advisers (0.33%). Insiders that own company stock include Michael B Nash, Timothy Steven Johnson, Katharine A Keenan, Henry N Nassau, Jonathan Lee Pollack, Douglas N Armer, Anthony F Marone Jr and Leonard W Cotton.
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.

What other stocks do shareholders of Blackstone Mortgage Trust own?

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

This page (NYSE:BXMT) was last updated on 9/7/2024 by MarketBeat.com Staff

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