Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by properties in North America and Europe. 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BXMT
Previous SymbolNYSE:CT
CUSIPN/A
Phone212-655-0220
Debt
Debt-to-Equity Ratio2.72
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio15.09
Forward P/E Ratio13.20
P/E Growth2.63
Sales & Book Value
Annual Sales$303.05 million
Price / Sales13.92
Cash Flow$1.9486 per share
Price / Cash Flow17.89
Book Value$27.62 per share
Price / Book1.26
Profitability
EPS (Most Recent Fiscal Year)$2.31
Net Income$217.63 million
Net Margins50.60%
Return on Equity9.36%
Return on Assets2.46%
Miscellaneous
EmployeesN/A
Outstanding Shares120,970,000
Market Cap$4.19 billion
OptionableOptionable
Blackstone Mortgage Trust (NYSE:BXMT) Frequently Asked Questions
What is Blackstone Mortgage Trust's stock symbol?
Blackstone Mortgage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXMT."
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, December 14th. Shareholders of record on Monday, December 31st will be given a dividend of $0.62 per share on Tuesday, January 15th. This represents a $2.48 annualized dividend and a yield of 7.11%. The ex-dividend date is Friday, December 28th. View Blackstone Mortgage Trust's Dividend History.
How were Blackstone Mortgage Trust's earnings last quarter?
Blackstone Mortgage Trust Inc (NYSE:BXMT) announced its quarterly earnings results on Tuesday, October, 23rd. The real estate investment trust reported $0.75 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.67 by $0.08. The real estate investment trust earned $105.15 million during the quarter, compared to the consensus estimate of $97.06 million. Blackstone Mortgage Trust had a net margin of 50.60% and a return on equity of 9.36%. During the same period in the previous year, the business posted $0.69 earnings per share. View Blackstone Mortgage Trust's Earnings History.
When is Blackstone Mortgage Trust's next earnings date?
What price target have analysts set for BXMT?
6 brokerages have issued twelve-month target prices for Blackstone Mortgage Trust's shares. Their predictions range from $33.00 to $35.00. On average, they anticipate Blackstone Mortgage Trust's share price to reach $33.6667 in the next year. This suggests that the stock has a possible downside of 3.4%. View Analyst Price Targets for Blackstone Mortgage Trust.
What is the consensus analysts' recommendation 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 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Mortgage Trust.
Has Blackstone Mortgage Trust been receiving favorable news coverage?
News coverage about BXMT stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 0.7 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the near future.
Who are some of Blackstone Mortgage Trust's key competitors?
Some companies that are related to Blackstone Mortgage Trust include HCP (HCP), ANNALY CAP MGMT/SH (NLY), Alexandria Real Estate Equities (ARE), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), WP Carey (WPC), UDR (UDR), Gecina (GECFF), Regency Centers (REG), Duke Realty (DRE), Klepierre (KLPEF) and Iron Mountain (IRM).
Who are Blackstone Mortgage Trust's key executives?
Blackstone Mortgage Trust's management team includes the folowing people:
- Mr. Michael B. Nash, Exec. Chairman (Age 57)
- Mr. Stephen D. Plavin, Pres, CEO & Director (Age 59)
- Mr. Anthony F. Marone Jr., CFO & Assistant Sec. (Age 35)
- Mr. Thomas C. Ruffing, MD & Head of Asset Management (Age 57)
- Mr. Douglas N. Armer, MD, Head of Capital Markets & Treasurer (Age 43)
Who are Blackstone Mortgage Trust's major shareholders?
Blackstone Mortgage Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.16%), Vanguard Group Inc (9.16%), Blackstone Group L.P. (4.27%), Neuberger Berman Group LLC (2.10%), Acadian Asset Management LLC (0.81%) and Advisors Capital Management LLC (0.73%). 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.
Which major investors are selling Blackstone Mortgage Trust stock?
BXMT stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Renaissance Technologies LLC, Alliancebernstein L.P., Chartwell Investment Partners LLC, Yorktown Management & Research Co Inc, LDR Capital Management LLC, Neuberger Berman Group LLC and Credit Suisse AG. 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.
Which major investors are buying Blackstone Mortgage Trust stock?
BXMT stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., American Century Companies Inc., Mirae Asset Global Investments Co. Ltd., Acadian Asset Management LLC, Prudential Financial Inc., AQR Capital Management LLC and Moody Lynn & Lieberson LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Blackstone Mortgage Trust's stock price today?
One share of BXMT stock can currently be purchased for approximately $34.86.
How big of a company is Blackstone Mortgage Trust?
Blackstone Mortgage Trust has a market capitalization of $4.19 billion and generates $303.05 million in revenue each year. The real estate investment trust earns $217.63 million in net income (profit) each year or $2.31 on an earnings per share basis.
What is Blackstone Mortgage Trust's official website?
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]
MarketBeat Community Rating for Blackstone Mortgage Trust (NYSE BXMT)
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.
