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

$36.10
-0.06 (-0.17 %)
(As of 09/16/2019 07:59 AM ET)
Today's Range
$36.05
Now: $36.10
$36.29
50-Day Range
$34.65
MA: $35.21
$36.06
52-Week Range
$30.84
Now: $36.10
$36.77
Volume700,158 shs
Average Volume716,014 shs
Market Capitalization$4.85 billion
P/E Ratio13.62
Dividend Yield6.86%
Beta0.53
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. Read More…

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$396.48 million
Cash Flow$2.3411 per share
Book Value$27.90 per share

Profitability

Net Income$285.07 million

Miscellaneous

EmployeesN/A
Market Cap$4.85 billion
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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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, June 14th. Investors of record on Friday, June 28th will be given a dividend of $0.62 per share on Monday, July 15th. This represents a $2.48 annualized dividend and a yield of 6.87%. The ex-dividend date of this dividend is Thursday, June 27th. View Blackstone Mortgage Trust's Dividend History.

How were Blackstone Mortgage Trust's earnings last quarter?

Blackstone Mortgage Trust Inc (NYSE:BXMT) released its quarterly earnings data on Tuesday, July, 23rd. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.01. The real estate investment trust earned $106.48 million during the quarter, compared to the consensus estimate of $103.55 million. Blackstone Mortgage Trust had a net margin of 46.31% and a return on equity of 9.06%. The company's revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 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, October 22nd 2019. View Earnings Estimates for Blackstone Mortgage Trust.

What price target have analysts set for BXMT?

4 Wall Street analysts have issued 1-year target prices for Blackstone Mortgage Trust's stock. Their forecasts range from $33.00 to $34.50. On average, they expect Blackstone Mortgage Trust's share price to reach $33.75 in the next twelve months. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets for Blackstone Mortgage Trust.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last year. There are currently 4 hold 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?

News coverage about BXMT stock has been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Blackstone Mortgage Trust earned a news impact score of 0.9 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Blackstone Mortgage Trust.

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), New Residential Investment (NRZ), Endologix (ELGX), Omega Healthcare Investors (OHI), Starwood Property Trust (STWD), Exxon Mobil (XOM), Apache (APA), Ladder Capital (LADR) and Verizon Communications (VZ).

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 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)

Who are Blackstone Mortgage Trust's major shareholders?

Blackstone Mortgage Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.75%), Blackstone Group Inc (4.10%), Northern Trust Corp (1.61%), Nuveen Asset Management LLC (1.41%), Boston Partners (0.99%) and Charles Schwab Investment Management Inc. (0.63%). 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 JPMorgan Chase & Co., Russell Investments Group Ltd., LSV Asset Management, Garrison Bradford & Associates Inc., Joseph P. Lucia & Associates LLC, Caisse DE Depot ET Placement DU Quebec, Prudential Financial Inc. and Boston Partners. 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 Nuveen Asset Management LLC, Vanguard Group Inc., Capital Advisors Inc. OK, Laurion Capital Management LP, Blackstone Group Inc, Northeast Financial Consultants Inc, Orinda Asset Management LLC and Marshall Wace North America L.P.. 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, 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 $36.10.

How big of a company is Blackstone Mortgage Trust?

Blackstone Mortgage Trust has a market capitalization of $4.85 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.

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:  381 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  718
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 9/16/2019 by MarketBeat.com Staff

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