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. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.62 per share on Wednesday, January 15th. This represents a $2.48 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date of this dividend is Monday, December 30th. View Blackstone Mortgage Trust's Dividend History.

Blackstone Mortgage Trust Inc (NYSE:BXMT) released its quarterly 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 return on equity of 8.70% and a net margin of 39.30%. The business's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company 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.

6 equities research analysts have issued twelve-month target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $34.50 to $39.00. On average, they expect Blackstone Mortgage Trust's stock price to reach $36.60 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Blackstone Mortgage Trust.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Mortgage Trust.

Headlines about BXMT stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Blackstone Mortgage Trust earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact 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 January. As of January 15th, there was short interest totalling 10,780,000 shares, an increase of 11.8% from the December 31st total of 9,640,000 shares. Based on an average trading volume of 751,400 shares, the days-to-cover ratio is currently 14.3 days. Currently, 8.5% of the shares of the stock are short sold. View Blackstone Mortgage Trust's Current Options Chain.

Some companies that are related to Blackstone Mortgage Trust include Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA), Sun Communities (SUI), WP Carey (WPC), Extra Space Storage (EXR), UDR (UDR), ANNALY CAP MGMT/SH (NLY), Duke Realty (DRE), Equity Lifestyle Properties (ELS), Vornado Realty Trust (VNO), VICI Properties (VICI), Host Hotels and Resorts (HST) 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), Exxon Mobil (XOM), Omega Healthcare Investors (OHI), Energy Transfer LP Unit (ET), Ares Capital (ARCC) and Apache (APA).

Blackstone Mortgage Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Advisors Capital Management LLC (0.67%), Pacific Edge Advisors LLC (0.26%), Neville Rodie & Shaw Inc. (0.24%), California Public Employees Retirement System (0.22%), Moody Lynn & Lieberson LLC (0.15%) and Brave Asset Management Inc. (0.06%). 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, California Public Employees Retirement System, Pacific Edge Advisors LLC, Virginia Retirement Systems ET AL, Moody Lynn & Lieberson LLC, Bay Colony Advisory Group Inc d b a Bay Colony Advisors, Roble Belko & Company Inc and Round Table Services 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 acquired by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, CWM LLC, Neville Rodie & Shaw Inc., Jag Capital Management LLC, Canal Capital Management LLC, Guidance Point Advisors LLC, Nisa Investment Advisors LLC and Stephens Group Asset Management 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 $38.40.

Blackstone Mortgage Trust has a market capitalization of $5.16 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]