NYSE:BXMTBlackstone Mortgage Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Blackstone Mortgage Trust Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $24.57 +0.62 (+2.59 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$24.15Now: $24.57▼$25.1050-Day Range$20.10MA: $22.48▼$25.1852-Week Range$12.67Now: $24.57▼$40.62Volume940,694 shsAverage Volume2.21 million shsMarket Capitalization$3.33 billionP/E Ratio18.20Dividend Yield10.35%Beta1.27 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingBlackstone Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.10, Blackstone Mortgage Trust has a potential upside of 18.4% from its current price of $24.57.Amount of Analyst CoverageBlackstone Mortgage Trust has only been the subject of 4 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesBlackstone Mortgage Trust has received 419 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBlackstone Mortgage Trust has received 379 “underperform” votes. (Add your “underperform” vote.)Community SentimentBlackstone Mortgage Trust has received 52.51% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipBlackstone Mortgage Trust is a leading dividend payer. It pays a dividend yield of 10.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlackstone Mortgage Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Blackstone Mortgage Trust is 100.81 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Blackstone Mortgage Trust will have a dividend payout ratio of 125.89 % in the coming year. This indicates that Blackstone Mortgage Trust may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blackstone Mortgage Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $122,682.00 in company stock.Percentage Held by InsidersOnly 0.95% of the stock of Blackstone Mortgage Trust is held by insiders.Percentage Held by Institutions57.51% of the stock of Blackstone Mortgage Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Blackstone Mortgage Trust are expected to decrease by -1.01% in the coming year, from $1.99 to $1.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blackstone Mortgage Trust is 18.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Blackstone Mortgage Trust is 18.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.01.Price to Book Value per Share RatioBlackstone Mortgage Trust has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.74 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:BXMT Previous SymbolNYSE:CT CUSIPN/A CIK1061630 Webwww.blackstonemortgagetrust.com Phone212-655-0220Debt Debt-to-Equity Ratio3.52 Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E Ratio18.20 Forward P/E Ratio12.35 P/E GrowthN/A Sales & Book Value Annual Sales$424.18 million Price / Sales7.84 Cash Flow$2.28 per share Price / Cash Flow10.77 Book Value$28.18 per share Price / Book0.87Profitability EPS (Most Recent Fiscal Year)$2.46 Net Income$305.57 million Net Margins23.36% Return on Equity8.48% Return on Assets2.02%Miscellaneous EmployeesN/A Outstanding Shares135,356,000Market Cap$3.33 billion Next Earnings Date7/28/2020 (Estimated) OptionableOptionable BXMT Rates by TradingView Receive BXMT News and Ratings via Email Sign-up to receive the latest news and ratings for BXMT and its competitors with MarketBeat's FREE daily newsletter. Blackstone Mortgage Trust (NYSE:BXMT) Frequently Asked Questions How has Blackstone Mortgage Trust's stock been impacted by COVID-19 (Coronavirus)? Blackstone Mortgage Trust's stock was trading at $33.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BXMT stock has decreased by 25.9% and is now trading at $24.57. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Blackstone Mortgage Trust. When is Blackstone Mortgage Trust's next earnings date? Blackstone Mortgage Trust is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Blackstone Mortgage Trust. How were Blackstone Mortgage Trust's earnings last quarter? Blackstone Mortgage Trust Inc (NYSE:BXMT) posted its quarterly earnings data on Tuesday, April, 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.64. The real estate investment trust earned $100.64 million during the quarter, compared to analyst estimates of $105.82 million. Blackstone Mortgage Trust had a return on equity of 8.48% and a net margin of 23.36%. During the same period in the prior year, the firm earned $0.71 EPS. View Blackstone Mortgage Trust's earnings history. 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 Friday, March 13th. Investors of record on Tuesday, March 31st will be given a dividend of $0.62 per share on Wednesday, April 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 10.09%. The ex-dividend date is Monday, March 30th. View Blackstone Mortgage Trust's dividend history. What price target have analysts set for BXMT? 5 analysts have issued twelve-month target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $24.00 to $36.00. On average, they anticipate Blackstone Mortgage Trust's stock price to reach $29.10 in the next year. This suggests a possible upside of 18.4% from the stock's current price. View analysts' price targets for Blackstone Mortgage Trust. Has Blackstone Mortgage Trust been receiving favorable news coverage? Media coverage about BXMT stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Blackstone Mortgage Trust earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave news coverage 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 impact on the stock's share price in the immediate future. View the latest news aboutBlackstone Mortgage Trust. Are investors shorting Blackstone Mortgage Trust? Blackstone Mortgage Trust saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,800,000 shares, an increase of 15.8% from the April 30th total of 5,010,000 shares. Based on an average trading volume of 2,820,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 4.5% of the shares of the company are short sold. View Blackstone Mortgage Trust's Current Options Chain. Who are some of Blackstone Mortgage Trust's key competitors? Some companies that are related to Blackstone Mortgage Trust include Duke Realty (DRE), Extra Space Storage (EXR), HCP (HCP), Equity Lifestyle Properties (ELS), WP Carey (WPC), UDR (UDR), Medical Properties Trust (MPW), VICI Properties (VICI), ANNALY CAP MGMT/SH (NLY), Camden Property Trust (CPT), CyrusOne (CONE), Host Hotels and Resorts (HST), SINO LD LTD/S (SNLAY), American Homes 4 Rent (AMH) and Iron Mountain (IRM). View all competitors. 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 Group (BX), Exxon Mobil (XOM), New Residential Investment (NRZ), Endologix (ELGX), Starwood Property Trust (STWD), Omega Healthcare Investors (OHI), Ares Capital (ARCC), Energy Transfer LP Unit (ET) and Apache (APA). Who are Blackstone Mortgage Trust's key executives? Blackstone Mortgage Trust's management team includes the following 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) 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 many different institutional and retail investors. Top institutional shareholders include Blackstone Group Inc (4.30%), Geode Capital Management LLC (1.73%), GVO Asset Management Ltd (1.18%), Delphi Financial Group Inc. (0.79%), 1832 Asset Management L.P. (0.51%) and Nuveen Asset Management LLC (0.44%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Douglas N Armer, Katharine A Keenan, 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 Nuveen Asset Management LLC, Victory Capital Management Inc., Alliancebernstein L.P., M&T Bank Corp, Citigroup Inc., Bessemer Group Inc., Baird Financial Group Inc., and 1832 Asset Management L.P.. Company insiders that have sold Blackstone Mortgage Trust company stock in the last year include Anthony F Marone Jr, Douglas N Armer, Katharine A Keenan, and Thomas C Ruffing. View insider buying and selling activity for Blackstone Mortgage Trust. Which institutional investors are buying Blackstone Mortgage Trust stock? BXMT stock was bought by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Geode Capital Management LLC, Delphi Financial Group Inc., WINTON GROUP Ltd, Pacific Edge Advisors LLC, FDx Advisors Inc., FDx Advisors Inc., and Driehaus Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Blackstone Mortgage Trust's stock price today? One share of BXMT stock can currently be purchased for approximately $24.57. How big of a company is Blackstone Mortgage Trust? Blackstone Mortgage Trust has a market capitalization of $3.33 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. What is Blackstone Mortgage Trust's official website? The official website for Blackstone Mortgage Trust is www.blackstonemortgagetrust.com. 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] This page was last updated on 6/2/2020 by MarketBeat.com Staff
