Blackstone Mortgage Trust Stock Forecast, Price & News

6 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Blackstone Mortgage Trust stock. 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.
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Blackstone Mortgage Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
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Blackstone Mortgage Trust, Inc. (NYSE:BXMT) posted its quarterly earnings data on Tuesday, April, 27th. The real estate investment trust reported $0.59 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.01. Blackstone Mortgage Trust had a net margin of 39.67% and a trailing twelve-month return on equity of 8.16%. During the same period last year, the firm earned $0.64 EPS.
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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 increased by 1.3% and is now trading at $33.61.
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Blackstone Mortgage Trust declared a quarterly dividend on Monday, March 15th. Stockholders of record on Wednesday, March 31st will be given a dividend of $0.62 per share on Thursday, April 15th. This represents a $2.48 annualized dividend and a yield of 7.38%. The ex-dividend date is Tuesday, March 30th.
View Blackstone Mortgage Trust's dividend history.

Blackstone Mortgage Trust pays an annual dividend of $2.48 per share and currently has a dividend yield of 7.45%. BXMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Blackstone Mortgage Trust does not yet have a strong track record of dividend growth. The dividend payout ratio of Blackstone Mortgage Trust is 110.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Blackstone Mortgage Trust will have a dividend payout ratio of 105.98% in the coming year. This indicates that Blackstone Mortgage Trust may not be able to sustain their current dividend.
View Blackstone Mortgage Trust's dividend history.

6 brokers have issued 12-month target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $26.00 to $36.00. On average, they expect Blackstone Mortgage Trust's stock price to reach $31.50 in the next twelve months. This suggests that the stock has a possible downside of 6.3%.
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Some companies that are related to Blackstone Mortgage Trust include Boston Properties (BXP), Healthpeak Properties (PEAK), Duke Realty (DRE), VICI Properties (VICI), UDR (UDR), W. P. Carey (WPC), Equity LifeStyle Properties (ELS), Iron Mountain (IRM), Annaly Capital Management (NLY), Camden Property Trust (CPT), Medical Properties Trust (MPW), Host Hotels & Resorts (HST), American Homes 4 Rent (AMH), Sino Land (SNLAY) and Regency Centers (REG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Mortgage Trust investors own include AT&T (T), The Blackstone Group (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).

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

Blackstone Mortgage Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (1.60%), Northern Trust Corp (1.26%), Boston Partners (0.82%), Nuveen Asset Management LLC (0.64%), Credit Suisse AG (0.51%) and NFJ Investment Group LLC (0.46%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Anthony F Marone, Jr, Douglas N Armer, Katharine A Keenan 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 Russell Investments Group Ltd., Mirae Asset Global Investments Co. Ltd., Northern Trust Corp, Nuveen Asset Management LLC, Fred Alger Management LLC, Panagora Asset Management Inc., Canada Pension Plan Investment Board, and Northeast Financial Consultants Inc. Company insiders that have sold Blackstone Mortgage Trust company stock in the last year include Anthony F Marone Jr, Anthony F Marone, Jr, Douglas N Armer, Katharine A Keenan, and Thomas C Ruffing.
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BXMT stock was bought by a variety of institutional investors in the last quarter, including NFJ Investment Group LLC, Millennium Management LLC, Renaissance Technologies LLC, GSB Wealth Management LLC, NexWave Capital Partners LLC, CCLA Investment Management Ltd, Artemis Investment Management LLP, and Van ECK Associates Corp.
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Shares of BXMT 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.
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One share of BXMT stock can currently be purchased for approximately $33.61.

Blackstone Mortgage Trust has a market capitalization of $4.94 billion and generates $432.18 million in revenue each year. The real estate investment trust earns $137.67 million in net income (profit) each year or $2.24 on an earnings per share basis.

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

Blackstone Mortgage Trust is headquartered at 345 PARK AVENUE 42ND FLOOR, NEW YORK NY, 10154.

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]