Log in

NYSE:BXMTBlackstone Mortgage Trust Stock Price, Forecast & News

$25.46
+0.72 (+2.91 %)
(As of 08/12/2020 04:00 PM ET)
Add
Compare
Today's Range
$25.17
Now: $25.46
$25.78
50-Day Range
$21.71
MA: $23.40
$25.46
52-Week Range
$12.67
Now: $25.46
$40.62
Volume1.82 million shs
Average Volume2.02 million shs
Market Capitalization$3.72 billion
P/E Ratio28.61
Dividend Yield9.74%
Beta1.23
Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by properties in North America, Europe, and Australia. 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.
Read More
Blackstone Mortgage Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.61 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-655-0220

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$424.18 million
Cash Flow$2.25 per share
Book Value$26.65 per share

Profitability

Net Income$305.57 million

Miscellaneous

EmployeesN/A
Market Cap$3.72 billion
Next Earnings Date10/28/2020 (Estimated)
OptionableOptionable
$25.46
+0.72 (+2.91 %)
(As of 08/12/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive BXMT News and Ratings via Email

Sign-up to receive the latest news and ratings for BXMT and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Blackstone Mortgage Trust (NYSE:BXMT) Frequently Asked Questions

How has Blackstone Mortgage Trust's stock price been impacted by Coronavirus?

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 shares have decreased by 23.3% and is now trading at $25.46.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Blackstone Mortgage Trust's next earnings date?

Blackstone Mortgage Trust is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Blackstone Mortgage Trust
.

How were Blackstone Mortgage Trust's earnings last quarter?

Blackstone Mortgage Trust Inc (NYSE:BXMT) issued its earnings results on Wednesday, July, 29th. The real estate investment trust reported $0.62 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.13. The real estate investment trust had revenue of $107.13 million for the quarter, compared to analyst estimates of $105.95 million. Blackstone Mortgage Trust had a net margin of 16.38% and a return on equity of 8.36%. During the same period in the prior year, the business posted $0.68 earnings per share.
View Blackstone Mortgage Trust's earnings history
.

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 Monday, June 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.62 per share on Wednesday, July 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 9.74%. The ex-dividend date of this dividend is Monday, June 29th.
View Blackstone Mortgage Trust's dividend history
.

What price target have analysts set for BXMT?

6 brokers have issued 1 year target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $24.00 to $36.00. On average, they anticipate Blackstone Mortgage Trust's stock price to reach $28.58 in the next year. This suggests a possible upside of 12.3% from the stock's current price.
View analysts' price targets for Blackstone Mortgage Trust
.

Has Blackstone Mortgage Trust been receiving favorable news coverage?

News coverage about BXMT stock has been trending extremely negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Blackstone Mortgage Trust earned a news impact score of -4.1 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
View the latest news about Blackstone Mortgage Trust
.

Are investors shorting Blackstone Mortgage Trust?

Blackstone Mortgage Trust saw a increase in short interest in April. As of April 30th, there was short interest totaling 5,800,000 shares, an increase of 15.8% from the April 15th total of 5,010,000 shares. Based on an average trading volume of 2,820,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 4.5% of the shares of the stock are short sold.
View Blackstone Mortgage Trust's Short Interest
.

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

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 Group (BX), Exxon Mobil (XOM), New Residential Investment (NRZ), Energy Transfer LP Unit (ET), Endologix (ELGX), Enterprise Products Partners (EPD), Ares Capital (ARCC), Starwood Property Trust (STWD) and Omega Healthcare Investors (OHI).

Who are Blackstone Mortgage Trust's key executives?

Blackstone Mortgage Trust's management team includes the following people:
  • Mr. Michael B. Nash, Exec. Chairman (Age 58)
  • Mr. Stephen D. Plavin, CEO, Pres & Director (Age 60)
  • Mr. Anthony F. Marone Jr., MD, CFO & Assistant Sec. (Age 36)
  • Mr. Thomas C. Ruffing, MD & Head of Asset Management (Age 58)
  • Mr. Douglas N. Armer, Exec. VP of Capital Markets & Treasurer (Age 44)

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 a variety of institutional and retail investors. Top institutional shareholders include Northeast Financial Consultants Inc (0.62%), JRM Investment Counsel LLC (0.29%), Edgemoor Investment Advisors Inc. (0.28%), California Public Employees Retirement System (0.20%), Swiss National Bank (0.20%) and Mesirow Financial Investment Management Equity Management (0.14%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Douglas N Armer, Katharine A Keenan, 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 M&T Bank Corp, SG Americas Securities LLC, Envestnet Asset Management Inc., Garrison Bradford & Associates Inc., JRM Investment Counsel LLC, New England Research & Management Inc., Northeast Financial Consultants Inc, and Wellington Shields & Co. 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.
View insider buying and selling activity for Blackstone Mortgage Trust
.

Which institutional investors are buying Blackstone Mortgage Trust stock?

BXMT stock was acquired by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Equity Management, MADDEN SECURITIES Corp, Prudential Financial Inc., Hill Winds Capital LP, Bridgecreek Investment Management LLC, Gruss & Co. LLC, Orinda Asset Management LLC, and Bank of Montreal Can.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Blackstone Mortgage Trust's stock price today?

One share of BXMT stock can currently be purchased for approximately $25.46.

How big of a company is Blackstone Mortgage Trust?

Blackstone Mortgage Trust has a market capitalization of $3.72 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.

What is Blackstone Mortgage Trust's official website?

The official website for Blackstone Mortgage Trust is 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]

This page was last updated on 8/13/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.