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. Investors of record on Tuesday, December 31st will be paid a dividend of $0.62 per share on Wednesday, January 15th. This represents a $2.48 annualized dividend and a dividend yield of 6.35%. 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 Tuesday, February, 11th. The real estate investment trust reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.11. The real estate investment trust earned $109.71 million during the quarter, compared to analyst estimates of $106.10 million. Blackstone Mortgage Trust had a net margin of 39.60% and a return on equity of 8.67%. View Blackstone Mortgage Trust's Earnings History.

Blackstone Mortgage Trust is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Blackstone Mortgage Trust.

4 brokerages have issued 12 month target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $36.00 to $39.00. On average, they anticipate Blackstone Mortgage Trust's stock price to reach $37.13 in the next twelve months. This suggests that the stock has a possible downside of 4.9%. View Analyst Price Targets for Blackstone Mortgage Trust.

4 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 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 trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Blackstone Mortgage Trust earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Blackstone Mortgage Trust.

Blackstone Mortgage Trust saw a increase in short interest in 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 short-interest ratio is currently 14.3 days. Currently, 8.5% of the company's 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), UDR (UDR), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Equity Lifestyle Properties (ELS), Duke Realty (DRE), VICI Properties (VICI), Medical Properties Trust (MPW), Vornado Realty Trust (VNO) and Host Hotels and Resorts (HST).

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), Exxon Mobil (XOM), Starwood Property Trust (STWD), Endologix (ELGX), Omega Healthcare Investors (OHI), Energy Transfer LP Unit (ET), Ares Capital (ARCC) and Verizon Communications (VZ).

Blackstone Mortgage Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Blackstone Group Inc (4.24%), Geode Capital Management LLC (1.39%), Boston Partners (0.98%), Charles Schwab Investment Management Inc. (0.96%), Alliancebernstein L.P. (0.78%) and Advisors Capital Management LLC (0.67%). 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 Geode Capital Management LLC, Jane Street Group LLC, Renaissance Technologies LLC, 1832 Asset Management L.P., Acadian Asset Management LLC, IFP Advisors Inc, Orinda Asset Management LLC and First Trust Advisors LP. 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 purchased by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Blackstone Group Inc, PYA Waltman Capital LLC, Alliancebernstein L.P., First Republic Investment Management Inc., Capital Advisors Inc. OK, Rockefeller Capital Management L.P. and Charles Schwab Investment Management Inc.. 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 $39.04.

Blackstone Mortgage Trust has a market capitalization of $5.28 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. 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]