Blackstone Mortgage Trust Stock Forecast, Price & News

Blackstone Mortgage Trust's stock was trading at $33.18 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BXMT stock has decreased by 17.8% and is now trading at $27.28.
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6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Blackstone Mortgage Trust stock. 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.
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Blackstone Mortgage Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Blackstone Mortgage Trust.

Blackstone Mortgage Trust will be holding an earnings conference call on Wednesday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) released its earnings results on Thursday, October, 29th. The real estate investment trust reported $0.63 EPS for the quarter, topping the Zacks' consensus estimate of $0.52 by $0.11. The real estate investment trust earned $92.30 million during the quarter, compared to the consensus estimate of $104.67 million. Blackstone Mortgage Trust had a trailing twelve-month return on equity of 8.44% and a net margin of 18.98%. Blackstone Mortgage Trust's revenue was down 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 earnings per share.
View Blackstone Mortgage Trust's earnings history.

Blackstone Mortgage Trust announced a quarterly dividend on Tuesday, December 15th. Investors of record on Thursday, December 31st will be paid a dividend of $0.62 per share on Friday, January 15th. This represents a $2.48 dividend on an annualized basis and a yield of 9.09%. The ex-dividend date of this dividend is Wednesday, December 30th.
View Blackstone Mortgage Trust's dividend history.

Blackstone Mortgage Trust pays an annual dividend of $2.48 per share and currently has a dividend yield of 9.05%. BXMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Blackstone Mortgage Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of Blackstone Mortgage Trust is 100.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Blackstone Mortgage Trust will have a dividend payout ratio of 108.30% in the coming year. This indicates that Blackstone Mortgage Trust may not be able to sustain their current dividend.
View Blackstone Mortgage Trust's dividend history.

6 brokers have issued twelve-month target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $24.00 to $26.00. On average, they expect Blackstone Mortgage Trust's share price to reach $24.88 in the next twelve months. This suggests that the stock has a possible downside of 8.8%.
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Some companies that are related to Blackstone Mortgage Trust include Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), Duke Realty (DRE), Boston Properties (BXP), VICI Properties (VICI), W. P. Carey (WPC), Apartment Income REIT (AIRC), Annaly Capital Management (NLY), Equity LifeStyle Properties (ELS), UDR (UDR), Medical Properties Trust (MPW), Camden Property Trust (CPT), American Homes 4 Rent (AMH) and Sino Land (SNLAY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Mortgage Trust investors own include AT&T (T), The Blackstone Group (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).

Blackstone Mortgage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXMT."

Blackstone Mortgage Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Centaurus Financial Inc. (0.24%), Artemis Investment Management LLP (0.19%), MADDEN SECURITIES Corp (0.08%), Ellis Investment Partners LLC (0.07%), Nisa Investment Advisors LLC (0.06%) and Strs Ohio (0.02%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Douglas N Armer, Katharine A Keenan and Thomas C Ruffing.
View institutional ownership trends for Blackstone Mortgage Trust.

BXMT stock was sold by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Griffin Asset Management Inc., Avantax Advisory Services Inc., Spirit of America Management Corp NY, Kovack Advisors Inc., Centaurus Financial Inc., Ellis Investment Partners LLC, and Guidance Point Advisors LLC. Company insiders that have sold Blackstone Mortgage Trust company stock in the last year include Anthony F Marone Jr, Douglas N Armer, Katharine A Keenan, and Thomas C Ruffing.
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BXMT stock was acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Private Trust Co. NA, Nisa Investment Advisors LLC, Proffitt & Goodson Inc., MADDEN SECURITIES Corp, and SOL Capital Management CO.
View insider buying and selling activity for Blackstone Mortgage Trust or or view top insider-buying stocks.

Shares of BXMT 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.

One share of BXMT stock can currently be purchased for approximately $27.28.

Blackstone Mortgage Trust has a market capitalization of $3.99 billion and generates $424.18 million in revenue each year. The real estate investment trust earns $305.57 million in net income (profit) each year or $2.46 on an earnings per share basis.

The official website for Blackstone Mortgage Trust is www.blackstonemortgagetrust.com.

Blackstone Mortgage Trust's mailing address is 345 PARK AVENUE 42ND FLOOR, NEW YORK NY, 10154. The real estate investment trust can be reached via phone at 212-655-0220 or via email at [email protected]