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

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

Blackstone Mortgage Trust announced a quarterly dividend on Monday, December 16th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.62 per share on Wednesday, January 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date of this dividend is Monday, December 30th. View Blackstone Mortgage Trust's Dividend History.

Blackstone Mortgage Trust Inc (NYSE:BXMT) posted its quarterly earnings results on Wednesday, October, 23rd. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.05. The real estate investment trust earned $101.92 million during the quarter, compared to analyst estimates of $105.80 million. Blackstone Mortgage Trust had a return on equity of 8.70% and a net margin of 39.30%. Blackstone Mortgage Trust's quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS. View Blackstone Mortgage Trust's Earnings History.

Blackstone Mortgage Trust is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Blackstone Mortgage Trust.

5 brokerages have issued 1-year price targets for Blackstone Mortgage Trust's shares. Their forecasts range from $34.50 to $37.50. On average, they expect Blackstone Mortgage Trust's share price to reach $36.00 in the next twelve months. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Blackstone Mortgage Trust.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Mortgage Trust.

Media stories about BXMT stock have trended extremely negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. 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 -4.5 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Blackstone Mortgage Trust.

Blackstone Mortgage Trust saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 10,780,000 shares, an increase of 11.8% from the December 15th total of 9,640,000 shares. Based on an average daily volume of 755,500 shares, the short-interest ratio is presently 14.3 days. Approximately 8.5% of the shares of the company are short sold. View Blackstone Mortgage Trust's Current Options Chain.

Some companies that are related to Blackstone Mortgage Trust include Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA), Sun Communities (SUI), WP Carey (WPC), Extra Space Storage (EXR), UDR (UDR), ANNALY CAP MGMT/SH (NLY), Duke Realty (DRE), Vornado Realty Trust (VNO), Equity Lifestyle Properties (ELS), Host Hotels and Resorts (HST), VICI Properties (VICI), Medical Properties Trust (MPW) and Klepierre (KLPEF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Mortgage Trust investors own include AT&T (T), Blackstone Group (BX), New Residential Investment (NRZ), Endologix (ELGX), Starwood Property Trust (STWD), Omega Healthcare Investors (OHI), Exxon Mobil (XOM), Energy Transfer LP Unit (ET), Ares Capital (ARCC) and Apache (APA).

Blackstone Mortgage Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Advisors Capital Management LLC (0.67%), Pacific Edge Advisors LLC (0.26%), Neville Rodie & Shaw Inc. (0.24%), Brave Asset Management Inc. (0.06%), Roble Belko & Company Inc (0.05%) and Ellis Investment Partners LLC (0.05%). 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.

BXMT stock was sold by a variety of institutional investors in the last quarter, including IFP Advisors Inc, Pacific Edge Advisors LLC, Roble Belko & Company Inc, Round Table Services LLC, New England Research & Management Inc., Ingalls & Snyder LLC and Strs Ohio. 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.

BXMT stock was acquired by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, Neville Rodie & Shaw Inc., Canal Capital Management LLC, Guidance Point Advisors LLC, Nisa Investment Advisors LLC, Stephens Group Asset Management LLC, Zurcher Kantonalbank Zurich Cantonalbank and NEXT Financial Group Inc. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of BXMT stock can currently be purchased for approximately $37.72.

Blackstone Mortgage Trust has a market capitalization of $5.07 billion and generates $396.48 million in revenue each year. The real estate investment trust earns $285.07 million in net income (profit) each year or $2.65 on an earnings per share basis. View Additional Information About Blackstone Mortgage Trust.

The official website for Blackstone Mortgage Trust is http://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]