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 paid a dividend of $0.62 per share on Wednesday, January 15th. This represents a $2.48 annualized dividend and a dividend yield of 6.59%. 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 earnings results on Wednesday, October, 23rd. The real estate investment trust reported $0.64 EPS for the quarter, topping the Zacks' consensus estimate of $0.59 by $0.05. The real estate investment trust had revenue of $101.92 million for the quarter, compared to analyst estimates of $105.80 million. Blackstone Mortgage Trust had a net margin of 39.30% and a return on equity of 8.70%. Blackstone Mortgage Trust's quarterly revenue was down 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.75 earnings per share. View Blackstone Mortgage Trust's Earnings History.

Blackstone Mortgage Trust is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Blackstone Mortgage Trust.

5 analysts have issued 1-year target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $34.50 to $37.50. On average, they expect Blackstone Mortgage Trust's share price to reach $36.00 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. View Analyst Price Targets 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 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Mortgage Trust.

News stories about BXMT stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring 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 closest to five being the most favorable. Blackstone Mortgage Trust earned a coverage optimism score of 1.7 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 press 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 in the month of December. As of December 31st, there was short interest totalling 10,780,000 shares, an increase of 11.8% from the December 15th total of 9,640,000 shares. Based on an average trading volume of 755,500 shares, the days-to-cover ratio is presently 14.3 days. Approximately 8.5% of the company's stock are short sold. View Blackstone Mortgage Trust's Current Options Chain.

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

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

Blackstone Mortgage Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Advisors Capital Management LLC (0.67%), Neville Rodie & Shaw Inc. (0.24%), Brave Asset Management Inc. (0.06%), Roble Belko & Company Inc (0.05%), Ellis Investment Partners LLC (0.05%) and New England Research & Management Inc. (0.02%). 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 IFP Advisors Inc, Roble Belko & Company Inc, New England Research & Management Inc. and Ingalls & Snyder LLC. 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 Advisors Capital Management LLC, Neville Rodie & Shaw Inc., Guidance Point Advisors LLC, Nisa Investment Advisors LLC, Stephens Group Asset Management LLC, Brave Asset Management Inc. and Ellis Investment Partners 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, Robinhood, Fidelity and Charles Schwab.

One share of BXMT stock can currently be purchased for approximately $37.65.

Blackstone Mortgage Trust has a market capitalization of $5.06 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. 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]