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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NYSE:BXMT

Blackstone Mortgage Trust (BXMT) Stock Forecast, Price & News

$18.20
-0.11 (-0.60%)
(As of 05/31/2023 ET)
Compare
Today's Range
$17.86
$18.30
50-Day Range
$16.90
$18.60
52-Week Range
$16.60
$31.46
Volume
2.05 million shs
Average Volume
2.24 million shs
Market Capitalization
$3.13 billion
P/E Ratio
11.97
Dividend Yield
13.63%
Price Target
$19.80

Blackstone Mortgage Trust MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
8.8% Upside
$19.80 Price Target
Short Interest
Bearish
12.01% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.82
Upright™ Environmental Score
News Sentiment
1.59mentions of Blackstone Mortgage Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$1.98 M Bought Last Quarter
Proj. Earnings Growth
3.88%
From $2.58 to $2.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Finance Sector

737th out of 901 stocks

Real Estate Investment Trusts Industry

160th out of 190 stocks


BXMT stock logo

About Blackstone Mortgage Trust (NYSE:BXMT) Stock

Blackstone Mortgage Trust, Inc. is a real estate finance company, which engages in originating senior loans collateralized by commercial real estate. Its investment objective is to preserve and protect shareholder capital while producing risk-adjusted returns primarily through dividends generated from current income from its loan portfolio. The company was founded by Samuel Zell, John R. Klopp, and Craig M. Hatkoff in July 1997 and is headquartered in New York, NY.

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BXMT Stock News Headlines

“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Major Financial Crisis Could Hit America
Something strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs?
Blackstone Mortgage Trust (NYSE:BXMT) Shares Gap Up to $16.90
Expert Ratings for Blackstone Mortgage Trust
KBW Keeps Their Hold Rating on Blackstone Mortgage (BXMT)
See More Headlines
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BXMT Company Calendar

Last Earnings
10/26/2022
Ex-Dividend for 4/14 Dividend
3/30/2023
Dividend Payable
4/14/2023
Today
6/01/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.80
High Stock Price Forecast
$27.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+8.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$248.64 million
Pretax Margin
17.17%

Debt

Sales & Book Value

Annual Sales
$1.34 billion
Cash Flow
$2.47 per share
Book Value
$26.47 per share

Miscellaneous

Free Float
170,460,000
Market Cap
$3.13 billion
Optionable
Optionable
Beta
1.33

Key Executives

  • Katharine A. KeenanKatharine A. Keenan
    President, CEO, Director & Senior MD
  • Anthony F. MaroneAnthony F. Marone
    Treasurer & Chief Financial & Accounting Officer
  • Austin Pena
    Executive Vice President-Investments
  • Jonathan Lee Pollack
    Director & Senior Managing Director
  • Robert Sitman
    Head-Loan Asset Management













BXMT Stock - Frequently Asked Questions

Should I buy or sell Blackstone Mortgage Trust stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BXMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BXMT, but not buy additional shares or sell existing shares.
View BXMT analyst ratings
or view top-rated stocks.

What is Blackstone Mortgage Trust's stock price forecast for 2023?

4 brokerages have issued twelve-month price objectives for Blackstone Mortgage Trust's shares. Their BXMT share price forecasts range from $17.00 to $27.00. On average, they predict the company's share price to reach $19.80 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price.
View analysts price targets for BXMT
or view top-rated stocks among Wall Street analysts.

How have BXMT shares performed in 2023?

Blackstone Mortgage Trust's stock was trading at $21.17 at the start of the year. Since then, BXMT stock has decreased by 14.1% and is now trading at $18.1950.
View the best growth stocks for 2023 here
.

Are investors shorting Blackstone Mortgage Trust?

Blackstone Mortgage Trust saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 20,960,000 shares, an increase of 12.6% from the April 15th total of 18,620,000 shares. Based on an average daily volume of 3,210,000 shares, the days-to-cover ratio is presently 6.5 days.
View Blackstone Mortgage Trust's Short Interest
.

When is Blackstone Mortgage Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our BXMT earnings forecast
.

How were Blackstone Mortgage Trust's earnings last quarter?

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) issued its quarterly earnings results on Wednesday, October, 26th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.04. Blackstone Mortgage Trust had a net margin of 16.71% and a trailing twelve-month return on equity of 10.58%. During the same period last year, the firm posted $0.57 EPS.

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 Wednesday, March 15th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.62 per share on Friday, April 14th. This represents a $2.48 annualized dividend and a dividend yield of 13.63%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for BXMT
.

Is Blackstone Mortgage Trust a good dividend stock?

Blackstone Mortgage Trust (NYSE:BXMT) pays an annual dividend of $2.48 per share and currently has a dividend yield of 13.52%. BXMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 163.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BXMT will have a dividend payout ratio of 92.54% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BXMT.

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

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 BlackRock Inc. (7.73%), State Street Corp (2.19%), Geode Capital Management LLC (2.16%), Bank of America Corp DE (1.90%), Charles Schwab Investment Management Inc. (1.32%) and Victory Capital Management Inc. (1.01%). Insiders that own company stock include Anthony F Marone Jr, Anthony F Marone, Jr, Douglas N Armer, Douglas N Armer, Henry N Nassau, Jonathan Lee Pollack, Katharine A Keenan, Katharine A Keenan, Leonard W Cotton, Michael B Nash and Thomas C Ruffing.
View institutional ownership trends
.

How do I buy shares of Blackstone Mortgage Trust?

Shares of BXMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Blackstone Mortgage Trust's stock price today?

One share of BXMT stock can currently be purchased for approximately $18.20.

How much money does Blackstone Mortgage Trust make?

Blackstone Mortgage Trust (NYSE:BXMT) has a market capitalization of $3.13 billion and generates $1.34 billion in revenue each year. The real estate investment trust earns $248.64 million in net income (profit) each year or $1.52 on an earnings per share basis.

How can I contact Blackstone Mortgage Trust?

Blackstone Mortgage Trust's mailing address is 345 PARK AVENUE 42ND FLOOR, NEW YORK NY, 10154. The official website for the company is www.blackstonemortgagetrust.com. The real estate investment trust can be reached via phone at (212) 655-0220, via email at blackstoneinvestorrelations@blackstone.com, or via fax at 212-655-0044.

This page (NYSE:BXMT) was last updated on 6/1/2023 by MarketBeat.com Staff

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