Blackstone Mortgage Trust (BXMT) Projected to Post Earnings on Wednesday

Blackstone Mortgage Trust (NYSE:BXMT - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Wednesday, July 30th. Analysts expect Blackstone Mortgage Trust to post earnings of $0.20 per share and revenue of $112.42 million for the quarter.

Blackstone Mortgage Trust Stock Up 0.3%

Shares of NYSE BXMT traded up $0.06 on Friday, hitting $19.61. The company had a trading volume of 935,481 shares, compared to its average volume of 1,057,474. Blackstone Mortgage Trust has a 12-month low of $16.51 and a 12-month high of $21.24. The firm has a market capitalization of $3.37 billion, a P/E ratio of -42.64 and a beta of 1.10. The business has a 50 day moving average of $19.35 and a two-hundred day moving average of $19.22.

Blackstone Mortgage Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.47 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 9.58%. Blackstone Mortgage Trust's dividend payout ratio is currently -408.70%.

Analyst Upgrades and Downgrades

BXMT has been the topic of several research analyst reports. JMP Securities restated a "market perform" rating on shares of Blackstone Mortgage Trust in a research note on Thursday, May 1st. JPMorgan Chase & Co. dropped their price objective on shares of Blackstone Mortgage Trust from $20.00 to $18.50 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. UBS Group raised their target price on shares of Blackstone Mortgage Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. Finally, Keefe, Bruyette & Woods increased their price target on Blackstone Mortgage Trust from $19.50 to $20.00 and gave the stock a "market perform" rating in a research report on Thursday, July 10th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $20.10.

Insider Transactions at Blackstone Mortgage Trust

In related news, CEO Katharine A. Keenan sold 6,931 shares of the company's stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $19.13, for a total transaction of $132,590.03. Following the transaction, the chief executive officer directly owned 236,914 shares of the company's stock, valued at approximately $4,532,164.82. The trade was a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Anthony F. Marone, Jr. sold 1,517 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $19.20, for a total value of $29,126.40. Following the completion of the sale, the chief financial officer directly owned 64,082 shares of the company's stock, valued at approximately $1,230,374.40. This represents a 2.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,248 shares of company stock valued at $177,028 over the last ninety days. Corporate insiders own 1.02% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp increased its position in Blackstone Mortgage Trust by 45.5% during the first quarter. Jones Financial Companies Lllp now owns 1,715 shares of the real estate investment trust's stock worth $34,000 after buying an additional 536 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of Blackstone Mortgage Trust by 5.0% during the 1st quarter. Intech Investment Management LLC now owns 73,679 shares of the real estate investment trust's stock valued at $1,474,000 after acquiring an additional 3,478 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Blackstone Mortgage Trust by 7.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 570,233 shares of the real estate investment trust's stock valued at $11,405,000 after acquiring an additional 37,838 shares in the last quarter. Hedge funds and other institutional investors own 64.15% of the company's stock.

Blackstone Mortgage Trust Company Profile

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.