NYSE:BXMT - Blackstone Mortgage Trust Stock Price, News, & Analysis

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$33.83 +0.40 (+1.20 %)
(As of 12/19/2018 04:47 AM ET)
Previous Close$33.43
Today's Range$33.58 - $34.09
52-Week Range$29.51 - $35.70
Volume1.62 million shs
Average Volume1.03 million shs
Market Capitalization$4.22 billion
P/E Ratio14.65
Dividend Yield7.11%
Beta0.45
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.

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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 Ratio14.65
Forward P/E Ratio12.81
P/E Growth2.64

Sales & Book Value

Annual Sales$303.05 million
Price / Sales13.50
Cash Flow$1.8805 per share
Price / Cash Flow17.99
Book Value$27.62 per share
Price / Book1.22

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$4.22 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 announced a quarterly dividend on Friday, December 14th. Stockholders of record on Monday, December 31st will be given a dividend of $0.62 per share on Tuesday, January 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 7.33%. The ex-dividend date is Friday, December 28th. View Blackstone Mortgage Trust's Dividend History.

How were Blackstone Mortgage Trust's earnings last quarter?

Blackstone Mortgage Trust Inc (NYSE:BXMT) issued its earnings results on Tuesday, October, 23rd. The real estate investment trust reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.08. The real estate investment trust had revenue of $105.15 million for the quarter, compared to analyst estimates of $97.06 million. Blackstone Mortgage Trust had a return on equity of 9.36% and a net margin of 50.60%. During the same quarter in the previous year, the company earned $0.69 EPS. View Blackstone Mortgage Trust's Earnings History.

When is Blackstone Mortgage Trust's next earnings date?

Blackstone Mortgage Trust is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Blackstone Mortgage Trust.

What price target have analysts set for BXMT?

7 brokerages have issued 12 month target prices for Blackstone Mortgage Trust's shares. Their predictions range from $33.00 to $35.00. On average, they anticipate Blackstone Mortgage Trust's stock price to reach $34.00 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Blackstone Mortgage Trust.

What is the consensus analysts' recommendation for Blackstone Mortgage Trust?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last year. There are currently 5 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 positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Blackstone Mortgage Trust earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Who are some of Blackstone Mortgage Trust's key competitors?

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.16%), Vanguard Group Inc (9.16%), Blackstone Group L.P. (4.27%), Neuberger Berman Group LLC (2.10%), Acadian Asset Management LLC (0.81%) and Advisors Capital Management LLC (0.73%). 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 institutional 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 institutional investors are buying Blackstone Mortgage Trust stock?

BXMT stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., American Century Companies Inc., Mirae Asset Global Investments Co. Ltd., Acadian Asset Management LLC, Prudential Financial Inc., AQR Capital Management LLC and Moody Lynn & Lieberson LLC. 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 $33.83.

How big of a company is Blackstone Mortgage Trust?

Blackstone Mortgage Trust has a market capitalization of $4.22 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?

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

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  337 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  620
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.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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