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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone212-655-0220
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$396.48 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Friday, March 15th. Stockholders of record on Friday, March 29th will be given a dividend of $0.62 per share on Monday, April 15th. This represents a $2.48 annualized dividend and a dividend yield of 6.85%. The ex-dividend date is Thursday, March 28th. 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, April, 23rd. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.11. The real estate investment trust earned $106.07 million during the quarter, compared to analyst estimates of $98.89 million. Blackstone Mortgage Trust had a net margin of 48.22% and a return on equity of 9.73%. During the same quarter in the prior year, the firm posted $0.64 EPS. View Blackstone Mortgage Trust's Earnings History.
When is Blackstone Mortgage Trust's next earnings date?
What price target have analysts set for BXMT?
5 equities research analysts have issued 12-month price targets for Blackstone Mortgage Trust's stock. Their predictions range from $33.00 to $35.00. On average, they expect Blackstone Mortgage Trust's share price to reach $34.1667 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for Blackstone Mortgage Trust.
What is the consensus analysts' recommendation for 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.
Has Blackstone Mortgage Trust been receiving favorable news coverage?
Headlines about BXMT stock have trended very positive on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 3.1 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of Blackstone Mortgage Trust's key competitors?
Some companies that are related to Blackstone Mortgage Trust include Weyerhaeuser (WY), Alexandria Real Estate Equities (ARE), HCP (HCP), Host Hotels and Resorts (HST), WP Carey (WPC), Extra Space Storage (EXR), ANNALY CAP MGMT/SH (NLY), Mid-America Apartment Communities (MAA), Vornado Realty Trust (VNO), UDR (UDR), SINO LD LTD/S (SNLAY), Klepierre (KLPEF), Regency Centers (REG), Gecina (GECFF) and Duke Realty (DRE).
What other stocks do shareholders of Blackstone Mortgage Trust own?
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 retail and institutional investors. Top institutional investors include Blackstone Group L.P. (4.25%), Neuberger Berman Group LLC (1.98%), Ellis Investment Partners LLC (2.00%), Northern Trust Corp (1.67%), Geode Capital Management LLC (1.22%) and Boston Partners (1.09%). 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 Renaissance Technologies LLC, Capital Advisors Inc. OK, LSV Asset Management, Botty Investors LLC, Acadian Asset Management LLC, Geode Capital Management LLC, First Republic Investment Management Inc. and Bank of Montreal Can. 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 acquired by a variety of institutional investors in the last quarter, including Ellis Investment Partners LLC, Graticule Asia Macro Advisors LLC, Charles Schwab Investment Management Inc., Caisse DE Depot ET Placement DU Quebec, Northeast Financial Consultants Inc, Joseph P. Lucia & Associates LLC, Blackstone Group L.P. and Northern Trust Corp. 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, Scottrade, Fidelity and Charles Schwab.
What is Blackstone Mortgage Trust's stock price today?
One share of BXMT stock can currently be purchased for approximately $36.23.
How big of a company is Blackstone Mortgage Trust?
Blackstone Mortgage Trust has a market capitalization of $4.55 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.
What is Blackstone Mortgage Trust's official website?
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)
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.
