NYSE:BXMT - Blackstone Mortgage Trust Stock Price, Price Target & More

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$32.76 +0.05 (+0.15 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$32.76
Today's Range$32.72 - $32.86
52-Week Range$29.51 - $33.08
Volume1.25 million shs
Average Volume1.55 million shs
Market Capitalization$3.54 billion
P/E Ratio14.18
Dividend Yield7.57%
Beta0.41
Blackstone Mortgage Trust logoBlackstone 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:BXMT
CUSIPN/A
Phone212-655-0220

Debt

Debt-to-Equity Ratio2.79
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio14.18
Forward P/E Ratio13.82
P/E Growth2.77

Sales & Book Value

Annual Sales$303.05 million
Price / Sales11.70
Cash Flow$1.9385 per share
Price / Cash16.90
Book Value$27.62 per share
Price / Book1.19

Profitability

EPS (Most Recent Fiscal Year)$2.31
Net Income$217.63 million
Net Margins51.52%
Return on Equity8.50%
Return on Assets2.26%

Miscellaneous

EmployeesN/A
Outstanding Shares108,190,000
Market Cap$3,544.47

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 announced a quarterly dividend on Friday, June 15th. Investors of record on Friday, June 29th will be given a dividend of $0.62 per share on Monday, July 16th. This represents a $2.48 annualized dividend and a yield of 7.57%. The ex-dividend date of this dividend is Thursday, June 28th. View Blackstone Mortgage Trust's Dividend History.

How were Blackstone Mortgage Trust's earnings last quarter?

Blackstone Mortgage Trust Inc (NYSE:BXMT) released its quarterly earnings results on Tuesday, April, 24th. The real estate investment trust reported $0.64 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.02. The real estate investment trust earned $85.44 million during the quarter, compared to analyst estimates of $88.37 million. Blackstone Mortgage Trust had a net margin of 51.52% and a return on equity of 8.50%. During the same period last year, the company posted $0.61 EPS. View Blackstone Mortgage Trust's Earnings History.

When is Blackstone Mortgage Trust's next earnings date?

Blackstone Mortgage Trust is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Blackstone Mortgage Trust.

What price target have analysts set for BXMT?

6 brokerages have issued 12 month target prices for Blackstone Mortgage Trust's shares. Their forecasts range from $33.00 to $33.00. On average, they anticipate Blackstone Mortgage Trust's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Ratings 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 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Are investors shorting Blackstone Mortgage Trust?

Blackstone Mortgage Trust saw a increase in short interest in June. As of June 29th, there was short interest totalling 11,953,609 shares, an increase of 45.1% from the June 15th total of 8,239,696 shares. Based on an average daily volume of 2,479,942 shares, the short-interest ratio is currently 4.8 days. Currently, 11.7% of the shares of the stock are short sold. View Blackstone Mortgage Trust's Current Options Chain.

Who are some of Blackstone Mortgage Trust's key competitors?

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)

Has Blackstone Mortgage Trust been receiving favorable news coverage?

News headlines about BXMT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Blackstone Mortgage Trust earned a media sentiment score of 0.10 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 46.32 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Blackstone Mortgage Trust's major shareholders?

Blackstone Mortgage Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include LDR Capital Management LLC (0.60%), Neville Rodie & Shaw Inc. (0.25%), KAMES CAPITAL plc (0.19%), Bank of Montreal Can (0.05%), Spirit of America Management Corp NY (0.04%) and Creative Planning (0.02%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Douglas N Armer 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 Bank of Montreal Can, Spirit of America Management Corp NY, Round Table Services LLC and Creative Planning. 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 institutional investors are buying Blackstone Mortgage Trust stock?

BXMT stock was purchased by a variety of institutional investors in the last quarter, including LDR Capital Management LLC, Amalgamated Bank, New England Research & Management Inc., Neville Rodie & Shaw Inc., Xact Kapitalforvaltning AB, KAMES CAPITAL plc and Steward Partners Investment Advisory 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 $32.76.

How big of a company is Blackstone Mortgage Trust?

Blackstone Mortgage Trust has a market capitalization of $3.54 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.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  286 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  525
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.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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