NYSE:BXMTBlackstone Mortgage Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Blackstone Mortgage Trust Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $15.22 -1.79 (-10.52 %) (As of 04/5/2020 04:00 PM ET) Add Compare Share Today's Range$14.90Now: $15.22▼$17.1250-Day Range$13.02MA: $30.83▼$40.5152-Week Range$12.67Now: $15.22▼$40.62Volume3.72 million shsAverage Volume4.18 million shsMarket Capitalization$2.06 billionP/E Ratio6.45Dividend Yield14.58%Beta1.15 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingBlackstone Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.30, Blackstone Mortgage Trust has a potential upside of 112.2% from its current price of $15.22.Amount of Analyst CoverageBlackstone Mortgage Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesBlackstone Mortgage Trust has received 415 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBlackstone Mortgage Trust has received 373 “underperform” votes. (Add your “underperform” vote.)Community SentimentBlackstone Mortgage Trust has received 52.66% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipBlackstone Mortgage Trust is a leading dividend payer. It pays a dividend yield of 14.58%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlackstone Mortgage Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Blackstone Mortgage Trust is 100.81 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Blackstone Mortgage Trust will have a dividend payout ratio of 102.06 % in the coming year. This indicates that Blackstone Mortgage Trust may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blackstone Mortgage Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $114,947.00 in company stock.Percentage Held by InsidersOnly 0.95% of the stock of Blackstone Mortgage Trust is held by insiders.Percentage Held by Institutions60.74% of the stock of Blackstone Mortgage Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Blackstone Mortgage Trust are expected to grow by 2.10% in the coming year, from $2.38 to $2.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blackstone Mortgage Trust is 6.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 10.83.Price to Earnings Ratio vs. SectorThe P/E ratio of Blackstone Mortgage Trust is 6.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.38.Price to Earnings Growth RatioBlackstone Mortgage Trust has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBlackstone Mortgage Trust has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.17 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:BXMT Previous SymbolNYSE:CT CUSIPN/A CIK1061630 Webhttp://www.blackstonemortgagetrust.com/ Phone212-655-0220Debt Debt-to-Equity Ratio3.33 Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E Ratio6.45 Forward P/E Ratio6.39 P/E Growth1.43 Sales & Book Value Annual Sales$424.18 million Price / Sales4.86 Cash Flow$1.96 per share Price / Cash Flow7.77 Book Value$28.18 per share Price / Book0.54Profitability EPS (Most Recent Fiscal Year)$2.46 Net Income$305.57 million Net Margins39.60% Return on Equity8.67% Return on Assets2.10%Miscellaneous EmployeesN/A Outstanding Shares135,360,000Market Cap$2.06 billion Next Earnings Date4/28/2020 (Estimated) OptionableOptionable 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. BXMT Rates by TradingView Blackstone Mortgage Trust (NYSE:BXMT) Frequently Asked Questions How has Blackstone Mortgage Trust's stock been impacted by COVID-19 (Coronavirus)? Blackstone Mortgage Trust's stock was trading at $33.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BXMT shares have decreased by 54.1% and is now trading at $15.22. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 4 hold ratings and 1 buy rating 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 Tuesday, April 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) posted its quarterly earnings results on Tuesday, February, 11th. The real estate investment trust reported $0.68 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.11. The real estate investment trust had revenue of $109.71 million for the quarter, compared to the consensus estimate of $106.10 million. Blackstone Mortgage Trust had a return on equity of 8.67% and a net margin of 39.60%. 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 declared a quarterly dividend on Friday, March 13th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.62 per share on Wednesday, April 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 16.29%. The ex-dividend date of this dividend is Monday, March 30th. View Blackstone Mortgage Trust's dividend history. What price target have analysts set for BXMT? 5 brokers have issued 1 year target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $13.00 to $39.00. On average, they anticipate Blackstone Mortgage Trust's share price to reach $32.30 in the next year. This suggests a possible upside of 112.2% from the stock's current price. View analysts' price targets for Blackstone Mortgage Trust. Has Blackstone Mortgage Trust been receiving favorable news coverage? Media coverage about BXMT stock has been trending very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Blackstone Mortgage Trust earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutBlackstone Mortgage Trust. Are investors shorting Blackstone Mortgage Trust? Blackstone Mortgage Trust saw a drop in short interest in March. As of March 13th, there was short interest totaling 7,565,000 shares, a drop of 13.8% from the February 27th total of 8,780,000 shares. Based on an average daily trading volume, of 1,090,000 shares, the days-to-cover ratio is currently 6.9 days. Approximately 5.7% of the company's shares are short sold. View Blackstone Mortgage Trust's Current Options Chain. Who are some of Blackstone Mortgage Trust's key competitors? Some companies that are related to Blackstone Mortgage Trust include SINO LD LTD/S (SNLAY), Ventas (VTR), Medical Properties Trust (MPW), Camden Property Trust (CPT), CyrusOne (CONE), VICI Properties (VICI), Host Hotels and Resorts (HST), AmeriCold Realty Trust (COLD), ANNALY CAP MGMT/SH (NLY), American Homes 4 Rent (AMH), Kilroy Realty (KRC), Iron Mountain (IRM), Vornado Realty Trust (VNO), Omega Healthcare Investors (OHI) and Klepierre (KLPEF). 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), Exxon Mobil (XOM), Starwood Property Trust (STWD), Omega Healthcare Investors (OHI), Endologix (ELGX), Energy Transfer LP Unit (ET), Ares Capital (ARCC) and Verizon Communications (VZ). 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 number of retail and institutional investors. Top institutional investors include Neville Rodie & Shaw Inc. (0.29%). 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 buying Blackstone Mortgage Trust stock? BXMT stock was bought by a variety of institutional investors in the last quarter, including Neville Rodie & Shaw Inc.. 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 $15.22. How big of a company is Blackstone Mortgage Trust? Blackstone Mortgage Trust has a market capitalization of $2.06 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. 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] This page was last updated on 4/5/2020 by MarketBeat.com StaffFeatured Article: What is the Dividend Aristocrat Index?
