Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by properties in North America and Europe. The company operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders. 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 founded in 1966 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BXMT
Previous SymbolNYSE:CT
CUSIPN/A
Phone212-655-0220
Debt
Debt-to-Equity Ratio2.72
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio15.11
Forward P/E Ratio13.22
P/E Growth2.65
Sales & Book Value
Annual Sales$303.05 million
Price / Sales13.93
Cash Flow$1.9324 per share
Price / Cash Flow18.06
Book Value$27.62 per share
Price / Book1.26
Profitability
EPS (Most Recent Fiscal Year)$2.31
Net Income$217.63 million
Net Margins50.60%
Return on Equity9.36%
Return on Assets2.46%
Miscellaneous
EmployeesN/A
Outstanding Shares120,970,000
Market Cap$4.24 billion
OptionableOptionable
Blackstone Mortgage Trust (NYSE:BXMT) Frequently Asked Questions
What is Blackstone Mortgage Trust's stock symbol?
Blackstone Mortgage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXMT."
How often does Blackstone Mortgage Trust pay dividends? What is the dividend yield for Blackstone Mortgage Trust?
Blackstone Mortgage Trust declared a quarterly dividend on Friday, September 14th. Investors of record on Friday, September 28th will be given a dividend of $0.62 per share on Monday, October 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date of this dividend is Thursday, September 27th. View Blackstone Mortgage Trust's Dividend History.
How were Blackstone Mortgage Trust's earnings last quarter?
Blackstone Mortgage Trust Inc (NYSE:BXMT) issued its quarterly earnings results on Tuesday, October, 23rd. The real estate investment trust reported $0.75 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.08. The real estate investment trust had revenue of $105.15 million for the quarter, compared to the consensus estimate of $97.06 million. Blackstone Mortgage Trust had a net margin of 50.60% and a return on equity of 9.36%. During the same period in the previous year, the firm earned $0.69 EPS. View Blackstone Mortgage Trust's Earnings History.
When is Blackstone Mortgage Trust's next earnings date?
What price target have analysts set for BXMT?
6 brokerages have issued 12 month price targets for Blackstone Mortgage Trust's shares. Their forecasts range from $33.00 to $35.00. On average, they anticipate Blackstone Mortgage Trust's stock price to reach $33.6667 in the next year. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Blackstone Mortgage Trust.
What is the consensus analysts' recommendation for Blackstone Mortgage Trust?
6 Wall Street 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, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Mortgage Trust.
Has Blackstone Mortgage Trust been receiving favorable news coverage?
Headlines about BXMT stock have been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackstone Mortgage Trust earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the next few days.
Who are some of Blackstone Mortgage Trust's key competitors?
Some companies that are related to Blackstone Mortgage Trust include HCP (HCP), Host Hotels and Resorts (HST), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), WP Carey (WPC), SINO LD LTD/S (SNLAY), Gecina (GECFF), Regency Centers (REG), Duke Realty (DRE), Klepierre (KLPEF) and Federal Realty Investment Trust (FRT).
Who are Blackstone Mortgage Trust's key executives?
Blackstone Mortgage Trust's management team includes the folowing people:
- Mr. Michael B. Nash, Exec. Chairman (Age 57)
- Mr. Stephen D. Plavin, Pres, CEO & Director (Age 59)
- Mr. Anthony F. Marone Jr., CFO & Assistant Sec. (Age 35)
- Mr. Thomas C. Ruffing, MD & Head of Asset Management (Age 57)
- Mr. Douglas N. Armer, MD, Head of Capital Markets & Treasurer (Age 43)
Who are Blackstone Mortgage Trust's major shareholders?
Blackstone Mortgage Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.16%), Blackstone Group L.P. (4.27%), Neuberger Berman Group LLC (2.10%), Acadian Asset Management LLC (0.81%), Advisors Capital Management LLC (0.73%) and Renaissance Technologies LLC (0.51%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Douglas N Armer, Leonard W Cotton and Thomas C Ruffing. View Institutional Ownership Trends for Blackstone Mortgage Trust.
Which major investors are selling Blackstone Mortgage Trust stock?
BXMT stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Renaissance Technologies LLC, Alliancebernstein L.P., Chartwell Investment Partners LLC, Yorktown Management & Research Co Inc, LDR Capital Management LLC, Neuberger Berman Group LLC and Credit Suisse AG. Company insiders that have sold Blackstone Mortgage Trust company stock in the last year include Anthony F Marone Jr, Douglas N Armer and Thomas C Ruffing. View Insider Buying and Selling for Blackstone Mortgage Trust.
Which major investors are buying Blackstone Mortgage Trust stock?
BXMT stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., American Century Companies Inc., Mirae Asset Global Investments Co. Ltd., Acadian Asset Management LLC, Prudential Financial Inc., AQR Capital Management LLC, Moody Lynn & Lieberson LLC and Bank of Montreal Can. View Insider Buying and Selling for Blackstone Mortgage Trust.
How do I buy shares of Blackstone Mortgage Trust?
Shares of BXMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Blackstone Mortgage Trust's stock price today?
One share of BXMT stock can currently be purchased for approximately $34.90.
How big of a company is Blackstone Mortgage Trust?
Blackstone Mortgage Trust has a market capitalization of $4.24 billion and generates $303.05 million in revenue each year. The real estate investment trust earns $217.63 million in net income (profit) each year or $2.31 on an earnings per share basis.
What is Blackstone Mortgage Trust's official website?
How can I contact Blackstone Mortgage Trust?
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]
MarketBeat Community Rating for Blackstone Mortgage Trust (NYSE BXMT)
MarketBeat's community ratings are surveys of what our community members think about Blackstone Mortgage Trust and other stocks. Vote "Outperform" if you believe BXMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BXMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
