NYSE:BXMT Blackstone Mortgage Trust (BXMT) Stock Forecast, Price & News $19.62 -0.24 (-1.21%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$19.54▼$19.8850-Day Range$16.90▼$19.8652-Week Range$16.60▼$31.46Volume1.55 million shsAverage Volume2.19 million shsMarket Capitalization$3.38 billionP/E Ratio12.91Dividend Yield12.64%Price Target$19.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Blackstone Mortgage Trust MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside0.9% Upside$19.80 Price TargetShort InterestBearish12.01% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.82Upright™ Environmental ScoreNews Sentiment0.97Based on 9 Articles This WeekInsider TradingAcquiring Shares$1.98 M Bought Last QuarterProj. Earnings Growth3.88%From $2.58 to $2.68 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.93 out of 5 starsFinance Sector682nd out of 865 stocksReal Estate Investment Trusts Industry149th out of 191 stocks 1.1 Analyst's Opinion Consensus RatingBlackstone Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.80, Blackstone Mortgage Trust has a forecasted upside of 0.9% from its current price of $19.62.Amount of Analyst CoverageBlackstone Mortgage Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted12.01% of the outstanding shares of Blackstone Mortgage Trust have been sold short.Short Interest Ratio / Days to CoverBlackstone Mortgage Trust has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in Blackstone Mortgage Trust has recently decreased by 1.29%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipBlackstone Mortgage Trust is a leading dividend payer. It pays a dividend yield of 12.49%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlackstone Mortgage Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Blackstone Mortgage Trust is 163.16%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Blackstone Mortgage Trust will have a dividend payout ratio of 92.54% in the coming year. This indicates that Blackstone Mortgage Trust may not be able to sustain their current dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBlackstone Mortgage Trust has received a -1.27% net impact score from Upright. The largest negative impact of Blackstone Mortgage in category "GHG emissions" seems to be driven mostly by its "Real estate funds investing in retail stores", "Real estate funds investing in shopping centers", and "Real estate funds investing in office buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Blackstone Mortgage Trust is -2.82. Previous Next 2.8 News and Social Media Coverage News SentimentBlackstone Mortgage Trust has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Blackstone Mortgage Trust this week, compared to 2 articles on an average week.Search InterestOnly 24 people have searched for BXMT on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Blackstone Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blackstone Mortgage Trust insiders have bought 963.55% more of their company's stock than they have sold. Specifically, they have bought $1,982,100.00 in company stock and sold $186,367.00 in company stock.Percentage Held by InsidersOnly 1.06% of the stock of Blackstone Mortgage Trust is held by insiders.Percentage Held by Institutions54.01% of the stock of Blackstone Mortgage Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Blackstone Mortgage Trust are expected to grow by 3.88% in the coming year, from $2.58 to $2.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blackstone Mortgage Trust is 12.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Blackstone Mortgage Trust is 12.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 151.06.Price to Book Value per Share RatioBlackstone Mortgage Trust has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Blackstone Mortgage Trust (NYSE:BXMT) StockBlackstone Mortgage Trust, Inc. is a real estate finance company, which engages in originating senior loans collateralized by commercial real estate. Its investment objective is to preserve and protect shareholder capital while producing risk-adjusted returns primarily through dividends generated from current income from its loan portfolio. The company was founded by Samuel Zell, John R. Klopp, and Craig M. Hatkoff in July 1997 and is headquartered in New York, NY.Read More Receive BXMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Blackstone Mortgage Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address BXMT Stock News HeadlinesJune 8, 2023 | finance.yahoo.comBlackstone Mortgage Trust (BXMT) Gains But Lags Market: What You Should KnowJune 2, 2023 | americanbankingnews.comAnthony F. Marone, Jr. Sells 1,011 Shares of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) StockJune 10, 2023 | Behind the Markets (Ad)WARNING: Do You Invest with these BanksTake a close look at the investment banks above. Because if you have stocks with any of these brokerages... These new political developments WILL affect you.June 2, 2023 | americanbankingnews.comBlackstone Mortgage Trust, Inc. (NYSE:BXMT) CEO Sells $83,519.64 in StockJune 1, 2023 | msn.comBlackstone Mortgage Trust (BXMT) Flat As Market Gains: What You Should KnowMay 26, 2023 | americanbankingnews.comBlackstone Mortgage Trust, Inc. (NYSE:BXMT) Receives $19.80 Consensus PT from BrokeragesMay 20, 2023 | americanbankingnews.comBlackstone Mortgage Trust (NYSE:BXMT) Now Covered by StockNews.comMay 18, 2023 | finance.yahoo.comInsider Spends US$861k Buying More Shares In Blackstone Mortgage Trust \June 10, 2023 | Vector Vest (Ad)Free Stock Analysis Report: Get Buy, Sell, or Hold RecommendationGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 14, 2023 | americanbankingnews.comBlackstone Mortgage Trust, Inc. (NYSE:BXMT) Short Interest UpdateMay 14, 2023 | americanbankingnews.comCharter Hall Group (OTCMKTS:CTOUF) vs. Blackstone Mortgage Trust (NYSE:BXMT) Head to Head ComparisonMay 12, 2023 | msn.comBlackstone Mortgage Trust: Total Write-Down Of 9.8% Of Loans Priced InMay 11, 2023 | seekingalpha.comBlackstone Mortgage Trust: Market Is Pricing In Defaults That Look Too HighMay 11, 2023 | marketwatch.comBlackstone Mortgage Trust Inc $BXMT Trading SignalsMay 1, 2023 | americanbankingnews.comBlackstone Mortgage Trust, Inc. (NYSE:BXMT) Receives $19.80 Average PT from AnalystsApril 28, 2023 | finance.yahoo.comPossible turnaround for Blackstone Mortgage Trust, Inc. (NYSE:BXMT) insiders, still down US$455k after a US$2.7m shopping spreeApril 28, 2023 | americanbankingnews.comBlackstone Mortgage Trust (NYSE:BXMT) Shares Gap Up to $16.90April 26, 2023 | msn.comBlackstone Mortgage Trust Shares Up 6% On Q1 Earnings BeatApril 26, 2023 | finance.yahoo.comBlackstone Mortgage Trust (BXMT) Q1 Earnings and Revenues Beat EstimatesApril 26, 2023 | americanbankingnews.comBlackstone Mortgage Trust (NYSE:BXMT) Earns Buy Rating from Analysts at BTIG ResearchApril 26, 2023 | finance.yahoo.comBlackstone Mortgage Trust Reports First Quarter 2023 ResultsApril 25, 2023 | msn.comEarnings Outlook For Blackstone Mortgage TrustApril 25, 2023 | markets.businessinsider.comExpert Ratings for Blackstone Mortgage TrustApril 25, 2023 | americanbankingnews.comBlackstone Mortgage Trust (NYSE:BXMT) Price Target Lowered to $18.00 at JPMorgan Chase & Co.April 24, 2023 | americanbankingnews.comBlackstone Mortgage Trust (BXMT) to Release Quarterly Earnings on WednesdayApril 22, 2023 | marketwatch.comBlackstone Mortgage Trust Inc ($BXMT) Trading ReportApril 18, 2023 | americanbankingnews.comBlackstone Mortgage Trust, Inc. (NYSE:BXMT) Sees Large Increase in Short InterestSee More Headlines BXMT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BXMT Company Calendar Last Earnings10/26/2022Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Today6/10/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:BXMT Previous SymbolNYSE:CT CUSIPN/A CIK1061630 Webwww.blackstonemortgagetrust.com Phone(212) 655-0220Fax212-655-0044EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$19.80 High Stock Price Forecast$27.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+0.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio12.91 Forward P/E Ratio7.60 P/E GrowthN/ANet Income$248.64 million Net Margins16.71% Pretax Margin17.17% Return on Equity10.58% Return on Assets1.93% Debt Debt-to-Equity Ratio4.50 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$1.34 billion Price / Sales2.52 Cash Flow$2.46 per share Price / Cash Flow7.99 Book Value$26.59 per share Price / Book0.74Miscellaneous Outstanding Shares172,290,000Free Float170,460,000Market Cap$3.38 billion OptionableOptionable Beta1.33 Key ExecutivesKatharine A. KeenanPresident, CEO, Director & Senior MDAnthony F. MaroneTreasurer & Chief Financial & Accounting OfficerAustin PenaExecutive Vice President-InvestmentsJonathan Lee PollackDirector & Senior Managing DirectorRobert SitmanHead-Loan Asset ManagementKey CompetitorsEPR PropertiesNYSE:EPRNational Storage Affiliates TrustNYSE:NSAKilroy RealtyNYSE:KRCPhysicians Realty TrustNYSE:DOCApple Hospitality REITNYSE:APLEView All CompetitorsInsiders & InstitutionsKatharine A KeenanSold 2,275 sharesTotal: $45,022.25 ($19.79/share)Anthony F Marone JrSold 485 sharesTotal: $9,583.60 ($19.76/share)Katharine A KeenanSold 1,160 sharesTotal: $22,051.60 ($19.01/share)Anthony F Marone JrSold 400 sharesTotal: $7,608.00 ($19.02/share)Prelude Capital Management LLCBought 16,700 shares on 6/1/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions BXMT Stock - Frequently Asked Questions Should I buy or sell Blackstone Mortgage Trust stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 forecast for 2023? 4 Wall Street analysts have issued 1-year price targets for Blackstone Mortgage Trust's shares. Their BXMT share price forecasts range from $17.00 to $27.00. On average, they expect the company's share price to reach $19.80 in the next year. This suggests a possible upside of 0.9% 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 2023? Blackstone Mortgage Trust's stock was trading at $21.17 at the beginning of 2023. Since then, BXMT shares have decreased by 7.3% and is now trading at $19.62. View the best growth stocks for 2023 here. Are investors shorting Blackstone Mortgage Trust? Blackstone Mortgage Trust saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 20,960,000 shares, an increase of 12.6% from the April 15th total of 18,620,000 shares. Based on an average daily volume of 3,210,000 shares, the short-interest ratio is presently 6.5 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, July 26th 2023. View our BXMT earnings forecast. How were Blackstone Mortgage Trust's earnings last quarter? Blackstone Mortgage Trust, Inc. (NYSE:BXMT) posted its quarterly earnings results on Wednesday, October, 26th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.04. Blackstone Mortgage Trust had a net margin of 16.71% and a trailing twelve-month return on equity of 10.58%. During the same quarter last year, the business earned $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 Wednesday, March 15th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.62 per share on Friday, April 14th. This represents a $2.48 dividend on an annualized basis and a yield of 12.64%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for BXMT. What ETFs hold Blackstone Mortgage Trust's stock? ETFs with the largest weight of Blackstone Mortgage Trust (NYSE:BXMT) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), Global X SuperDividend REIT ETF (SRET), WisdomTree Alternative Income Fund (HYIN), Hoya Capital High Dividend Yield ETF (RIET), Hypatia Women CEO ETF (WCEO), GraniteShares HIPS US High Income ETF (HIPS) and Global X SuperDividend ETF (SDIV). 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 12.49%. BXMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 163.16%. 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 92.54% 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). What is Blackstone Mortgage Trust's stock symbol? Blackstone Mortgage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXMT." Who are Blackstone Mortgage Trust's major shareholders? Blackstone Mortgage Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.73%), State Street Corp (2.19%), Geode Capital Management LLC (2.16%), Bank of America Corp DE (1.90%), Charles Schwab Investment Management Inc. (1.32%) and Victory Capital Management Inc. (1.01%). 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, Michael B Nash and Thomas C Ruffing. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Blackstone Mortgage Trust's stock price today? One share of BXMT stock can currently be purchased for approximately $19.62. How much money does Blackstone Mortgage Trust make? Blackstone Mortgage Trust (NYSE:BXMT) has a market capitalization of $3.38 billion and generates $1.34 billion in revenue each year. The real estate investment trust earns $248.64 million in net income (profit) each year or $1.52 on an earnings per share basis. How can I contact Blackstone Mortgage Trust? Blackstone Mortgage Trust's mailing address is 345 PARK AVENUE 42ND FLOOR, NEW YORK NY, 10154. The official website for the company is www.blackstonemortgagetrust.com. The real estate investment trust can be reached via phone at (212) 655-0220, via email at blackstoneinvestorrelations@blackstone.com, or via fax at 212-655-0044. This page (NYSE:BXMT) was last updated on 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Blackstone Mortgage Trust, Inc. 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