NYSE:BXMTBlackstone Mortgage Trust Stock Price, Forecast & News

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 28.9% and is now trading at $23.59. View which stocks have been most impacted by Coronavirus.

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.

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.

Blackstone Mortgage Trust Inc (NYSE:BXMT) released its quarterly earnings data on Tuesday, April, 28th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.64. The real estate investment trust earned $100.64 million during the quarter, compared to analysts' expectations of $105.82 million. Blackstone Mortgage Trust had a net margin of 23.36% and a return on equity of 8.48%. During the same quarter in the prior year, the business posted $0.71 earnings per share. View Blackstone Mortgage Trust's earnings history.

Blackstone Mortgage Trust announced a quarterly dividend on Friday, March 13th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.62 per share on Wednesday, April 15th. This represents a $2.48 annualized dividend and a dividend yield of 10.51%. The ex-dividend date of this dividend is Monday, March 30th. View Blackstone Mortgage Trust's dividend history.

5 analysts have issued 12 month price targets for Blackstone Mortgage Trust's stock. Their forecasts range from $24.00 to $36.00. On average, they expect Blackstone Mortgage Trust's stock price to reach $29.10 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View analysts' price targets for Blackstone Mortgage Trust.

News articles about BXMT stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackstone Mortgage Trust earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave media 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 impact on the stock's share price in the near term. View the latest news aboutBlackstone 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 daily volume of 2,820,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 4.5% of the shares of the stock are sold short. View Blackstone Mortgage Trust's Current Options Chain.

Some companies that are related to Blackstone Mortgage Trust include Duke Realty (DRE), HCP (HCP), Extra Space Storage (EXR), Equity Lifestyle Properties (ELS), UDR (UDR), WP Carey (WPC), Medical Properties Trust (MPW), VICI Properties (VICI), Camden Property Trust (CPT), ANNALY CAP MGMT/SH (NLY), CyrusOne (CONE), Host Hotels and Resorts (HST), SINO LD LTD/S (SNLAY), American Homes 4 Rent (AMH) and Gaming and Leisure Properties (GLPI). View all competitors.

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).

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 retail and institutional 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.

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.

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.

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 $23.59.

Blackstone Mortgage Trust has a market capitalization of $3.19 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.

The official website for Blackstone Mortgage Trust is 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]