Blackstone Mortgage Trust Stock Forecast, Price & News

5 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "hold" Blackstone Mortgage Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BXMT, but not buy additional shares or sell existing shares.
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Blackstone Mortgage Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Blackstone Mortgage Trust.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) posted its earnings results on Tuesday, April, 27th. The real estate investment trust reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by $0.01. Blackstone Mortgage Trust had a net margin of 39.67% and a trailing twelve-month return on equity of 8.16%. During the same quarter in the prior year, the firm earned $0.64 EPS.
View Blackstone Mortgage Trust's earnings history.

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 shares have decreased by 3.3% and is now trading at $32.10.
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Blackstone Mortgage Trust declared a quarterly dividend on Tuesday, June 15th. Shareholders of record on Wednesday, June 30th will be paid a dividend of $0.62 per share on Thursday, July 15th. This represents a $2.48 annualized dividend and a dividend yield of 7.73%. The ex-dividend date is Tuesday, June 29th.
View Blackstone Mortgage Trust's dividend history.

Blackstone Mortgage Trust pays an annual dividend of $2.48 per share and currently has a dividend yield of 7.84%. BXMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Blackstone Mortgage Trust does not yet have a strong track record of dividend growth. The dividend payout ratio of Blackstone Mortgage Trust is 110.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Blackstone Mortgage Trust will have a dividend payout ratio of 105.98% in the coming year. This indicates that Blackstone Mortgage Trust may not be able to sustain their current dividend.
View Blackstone Mortgage Trust's dividend history.

5 brokerages have issued 12 month price targets for Blackstone Mortgage Trust's stock. Their forecasts range from $28.00 to $36.00. On average, they expect Blackstone Mortgage Trust's stock price to reach $32.60 in the next year. This suggests a possible upside of 1.6% from the stock's current price.
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Some companies that are related to Blackstone Mortgage Trust include Boston Properties (BXP), Duke Realty (DRE), Healthpeak Properties (PEAK), VICI Properties (VICI), UDR (UDR), Equity LifeStyle Properties (ELS), W. P. Carey (WPC), Camden Property Trust (CPT), Iron Mountain (IRM), Annaly Capital Management (NLY), American Homes 4 Rent (AMH), Host Hotels & Resorts (HST), Sino Land (SNLAY), Medical Properties Trust (MPW) and Regency Centers (REG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Mortgage Trust investors own include AT&T (T), The Blackstone Group (BX), New Residential Investment (NRZ), Exxon Mobil (XOM), Energy Transfer (ET), Endologix (ELGX), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Starwood Property Trust (STWD) and Ares Capital (ARCC).

Blackstone Mortgage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXMT."

Blackstone Mortgage Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (1.60%), Northern Trust Corp (1.26%), Boston Partners (0.82%), Nuveen Asset Management LLC (0.64%), Credit Suisse AG (0.51%) and NFJ Investment Group LLC (0.46%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Anthony F Marone, Jr, Douglas N Armer, Katharine A Keenan 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 Russell Investments Group Ltd., Mirae Asset Global Investments Co. Ltd., Northern Trust Corp, Nuveen Asset Management LLC, Fred Alger Management LLC, Panagora Asset Management Inc., Canada Pension Plan Investment Board, and Northeast Financial Consultants Inc. Company insiders that have sold Blackstone Mortgage Trust company stock in the last year include Anthony F Marone Jr, Anthony F Marone, Jr, Douglas N Armer, Katharine A Keenan, and Thomas C Ruffing.
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BXMT stock was purchased by a variety of institutional investors in the last quarter, including NFJ Investment Group LLC, Millennium Management LLC, Renaissance Technologies LLC, GSB Wealth Management LLC, NexWave Capital Partners LLC, CCLA Investment Management Ltd, Artemis Investment Management LLP, and Van ECK Associates Corp.
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Shares of BXMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BXMT stock can currently be purchased for approximately $32.10.

Blackstone Mortgage Trust has a market capitalization of $4.72 billion and generates $432.18 million in revenue each year. The real estate investment trust earns $137.67 million in net income (profit) each year or $2.24 on an earnings per share basis.

The official website for Blackstone Mortgage Trust is www.blackstonemortgagetrust.com.

Blackstone Mortgage Trust is headquartered at 345 PARK AVENUE 42ND FLOOR, NEW YORK NY, 10154.

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]