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

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

Blackstone Mortgage Trust announced a quarterly dividend on Monday, December 16th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.62 per share on Wednesday, January 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 6.16%. The ex-dividend date of this dividend is Monday, December 30th. View Blackstone Mortgage Trust's Dividend History.

Blackstone Mortgage Trust Inc (NYSE:BXMT) issued its quarterly earnings results on Tuesday, February, 11th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.11. The real estate investment trust had revenue of $109.71 million for the quarter, compared to analysts' expectations of $106.10 million. Blackstone Mortgage Trust had a net margin of 39.60% and a return on equity of 8.67%. View Blackstone Mortgage Trust's Earnings History.

Blackstone Mortgage Trust is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Blackstone Mortgage Trust.

4 Wall Street analysts have issued 1 year target prices for Blackstone Mortgage Trust's stock. Their forecasts range from $36.00 to $39.00. On average, they anticipate Blackstone Mortgage Trust's stock price to reach $37.13 in the next year. This suggests that the stock has a possible downside of 7.8%. View Analyst Price Targets 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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Mortgage Trust.

Media coverage about BXMT stock has been trending somewhat positive on Wednesday, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blackstone Mortgage Trust earned a news impact score of 0.6 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Blackstone Mortgage Trust.

Blackstone Mortgage Trust saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 10,780,000 shares, an increase of 11.8% from the December 31st total of 9,640,000 shares. Based on an average trading volume of 751,400 shares, the days-to-cover ratio is presently 14.3 days. Currently, 8.5% of the shares of the company are sold short. View Blackstone Mortgage Trust's Current Options Chain.

Some companies that are related to Blackstone Mortgage Trust include Alexandria Real Estate Equities (ARE), Essex Property Trust (ESS), HCP (HCP), Mid-America Apartment Communities (MAA), Sun Communities (SUI), Extra Space Storage (EXR), ANNALY CAP MGMT/SH (NLY), WP Carey (WPC), UDR (UDR), Duke Realty (DRE), Equity Lifestyle Properties (ELS), VICI Properties (VICI), Vornado Realty Trust (VNO), Medical Properties Trust (MPW) and Host Hotels and Resorts (HST).

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), Starwood Property Trust (STWD), Endologix (ELGX), Exxon Mobil (XOM), Omega Healthcare Investors (OHI), Energy Transfer LP Unit (ET), Ares Capital (ARCC) and Verizon Communications (VZ).

Blackstone Mortgage Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Blackstone Group Inc (4.24%), Boston Partners (0.98%), Charles Schwab Investment Management Inc. (0.96%), Alliancebernstein L.P. (0.78%), Advisors Capital Management LLC (0.67%) and M&T Bank Corp (0.57%). 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.

BXMT stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, IFP Advisors Inc, Orinda Asset Management LLC, First Trust Advisors LP, California Public Employees Retirement System and Putnam FL Investment Management Co.. 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 bought by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Blackstone Group Inc, PYA Waltman Capital LLC, Alliancebernstein L.P., First Republic Investment Management Inc., Capital Advisors Inc. OK, Rockefeller Capital Management L.P. and Charles Schwab Investment Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of BXMT stock can currently be purchased for approximately $40.26.

Blackstone Mortgage Trust has a market capitalization of $5.45 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.

The official website for Blackstone Mortgage Trust is http://www.blackstonemortgagetrust.com/.

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]