NYSE:BXMT - Blackstone Mortgage Trust Stock Price, Price Target & More

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

Blackstone Mortgage Trust announced a quarterly dividend on Friday, June 15th. Investors of record on Friday, June 29th will be given a dividend of $0.62 per share on Monday, July 16th. This represents a $2.48 annualized dividend and a yield of 7.57%. The ex-dividend date of this dividend is Thursday, June 28th. View Blackstone Mortgage Trust's Dividend History.

Blackstone Mortgage Trust Inc (NYSE:BXMT) released its quarterly earnings results on Tuesday, April, 24th. The real estate investment trust reported $0.64 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.02. The real estate investment trust earned $85.44 million during the quarter, compared to analyst estimates of $88.37 million. Blackstone Mortgage Trust had a net margin of 51.52% and a return on equity of 8.50%. During the same period last year, the company posted $0.61 EPS. View Blackstone Mortgage Trust's Earnings History.

Blackstone Mortgage Trust is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Blackstone Mortgage Trust.

6 brokerages have issued 12 month target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $33.00 to $33.00. On average, they anticipate Blackstone Mortgage Trust's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Ratings 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 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Blackstone Mortgage Trust saw a increase in short interest in June. As of June 29th, there was short interest totalling 11,953,609 shares, an increase of 45.1% from the June 15th total of 8,239,696 shares. Based on an average daily volume of 2,479,942 shares, the short-interest ratio is currently 4.8 days. Currently, 11.7% of the shares of the stock are short sold. View Blackstone Mortgage Trust's Current Options Chain.

Some companies that are related to Blackstone Mortgage Trust include Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Klépierre (KLPEF), Mid-America Apartment Communities (MAA), Regency Centers (REG), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Iron Mountain (IRM), UDR (UDR), Federal Realty Investment Trust (FRT) and SL Green Realty (SLG).

News headlines about BXMT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Blackstone Mortgage Trust earned a media sentiment score of 0.10 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 46.32 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Blackstone Mortgage Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include LDR Capital Management LLC (0.60%), Neville Rodie & Shaw Inc. (0.25%), KAMES CAPITAL plc (0.19%), Bank of Montreal Can (0.05%), Spirit of America Management Corp NY (0.04%) and Creative Planning (0.02%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Douglas N Armer 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 Bank of Montreal Can, Spirit of America Management Corp NY, Round Table Services LLC and Creative Planning. 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 purchased by a variety of institutional investors in the last quarter, including LDR Capital Management LLC, Amalgamated Bank, New England Research & Management Inc., Neville Rodie & Shaw Inc., Xact Kapitalforvaltning AB, KAMES CAPITAL plc and Steward Partners Investment Advisory LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of BXMT stock can currently be purchased for approximately $32.76.

Blackstone Mortgage Trust has a market capitalization of $3.54 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.

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]