S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NYSE:BXMT

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

$20.44
+0.07 (+0.34%)
(As of 03/1/2024 ET)
Today's Range
$19.88
$20.53
50-Day Range
$18.13
$22.98
52-Week Range
$16.60
$23.82
Volume
1.70 million shs
Average Volume
2.59 million shs
Market Capitalization
$3.55 billion
P/E Ratio
14.50
Dividend Yield
12.13%
Price Target
$22.30

Blackstone Mortgage Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
9.1% Upside
$22.30 Price Target
Short Interest
Bearish
15.55% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.32
Upright™ Environmental Score
News Sentiment
0.11mentions of Blackstone Mortgage Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$150,458 Sold Last Quarter
Proj. Earnings Growth
22.22%
From $1.89 to $2.31 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.

3.67 out of 5 stars

Finance Sector

388th out of 866 stocks

Real Estate Investment Trusts Industry

83rd out of 179 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, together with its subsidiaries, originates and acquires commercial mortgage loans and related investments. 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

Blackstone Mortgage: Too Much Uncertainty
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Analyst Ratings For Arbor Realty Trust
Q4 2023 Blackstone Mortgage Trust Inc Earnings Call
Blackstone Mortgage Trust Inc. Q4 Loss decreases, but misses estimates
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Blackstone Mortgage Trust Inc. Cl A
Blackstone Mortgage: 11% Yield Inside Muddy Waters
See More Headlines
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Company Calendar

Last Earnings
10/26/2022
Ex-Dividend for 1/16 Dividend
12/28/2023
Dividend Payable
1/16/2024
Today
3/01/2024
Next Earnings (Estimated)
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
$22.30
High Stock Price Target
$24.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+9.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$246.55 million
Pretax Margin
12.53%

Debt

Sales & Book Value

Annual Sales
$670.67 million
Cash Flow
$2.86 per share
Book Value
$25.26 per share

Miscellaneous

Free Float
171,903,000
Market Cap
$3.55 billion
Optionable
Optionable
Beta
1.43
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BXMT Stock Analysis - Frequently Asked Questions

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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?

4 analysts have issued 1-year target prices for Blackstone Mortgage Trust's stock. Their BXMT share price targets range from $21.00 to $24.00. On average, they predict the company's share price to reach $22.30 in the next twelve months. This suggests a possible upside of 9.1% 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 beginning of 2024. Since then, BXMT shares have decreased by 3.9% and is now trading at $20.4450.
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 February. As of February 15th, there was short interest totaling 27,000,000 shares, an increase of 5.1% from the January 31st total of 25,690,000 shares. Based on an average daily volume of 2,830,000 shares, the short-interest ratio is currently 9.5 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 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 earnings per share for the quarter, topping 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 quarter in the prior 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 announced a quarterly dividend on Friday, December 15th. Stockholders of record on Friday, December 29th will be given a dividend of $0.62 per share on Tuesday, January 16th. This represents a $2.48 annualized dividend and a yield of 12.13%. The ex-dividend date is Thursday, December 28th.
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 12.18%. 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 107.36% 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.63%), Blackstone Inc. (4.61%), Charles Schwab Investment Management Inc. (1.47%), Northern Trust Corp (1.32%), Norges Bank (1.06%) and LDR Capital Management LLC (1.04%). 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 3/2/2024 by MarketBeat.com Staff