Blackstone Mortgage Trust - BXMT Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blackstone Mortgage Trust in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BXMT shares.
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2 analysts have issued 12-month target prices for Blackstone Mortgage Trust's shares. Their BXMT share price forecasts range from $30.00 to $35.00. On average, they expect the company's stock price to reach $33.00 in the next year. This suggests a possible upside of 8.1% from the stock's current price.
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Blackstone Mortgage Trust's stock was trading at $30.62 on January 1st, 2022. Since then, BXMT stock has decreased by 0.3% and is now trading at $30.53.
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Blackstone Mortgage Trust saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 7,210,000 shares, an increase of 40.5% from the June 15th total of 5,130,000 shares. Based on an average daily volume of 1,490,000 shares, the short-interest ratio is currently 4.8 days.
View Blackstone Mortgage Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our BXMT earnings forecast.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) announced its quarterly earnings data on Wednesday, July, 27th. The real estate investment trust reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.04. Blackstone Mortgage Trust had a trailing twelve-month return on equity of 8.92% and a net margin of 44.90%. During the same period in the prior year, the company earned $0.55 earnings per share.

Blackstone Mortgage Trust declared a quarterly dividend on Wednesday, June 15th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.62 per share on Friday, July 15th. This represents a $2.48 annualized dividend and a yield of 8.12%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for BXMT.

Blackstone Mortgage Trust (NYSE:BXMT) pays an annual dividend of $2.48 per share and currently has a dividend yield of 8.17%. BXMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 101.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BXMT will have a dividend payout ratio of 96.12% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BXMT.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Mortgage Trust investors own include AT&T (T), Blackstone (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 a variety of retail and institutional investors. Top institutional investors include Egerton Capital UK LLP (1.52%), Northern Trust Corp (1.19%), JPMorgan Chase & Co. (1.00%), Artemis Investment Management LLP (0.99%), LDR Capital Management LLC (0.96%) and Victory Capital Management Inc. (0.87%). Insiders that own company stock include Anthony F Marone Jr, Anthony F Marone, Jr, Douglas N Armer, Douglas N Armer, Henry N Nassau, Jonathan Lee Pollack, Katharine A Keenan, Katharine A Keenan, Leonard W Cotton and Thomas C Ruffing.
View institutional ownership trends.

Shares of BXMT stock 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 $30.53.

Blackstone Mortgage Trust (NYSE:BXMT) has a market capitalization of $5.20 billion and generates $514.47 million in revenue each year. The real estate investment trust earns $419.19 million in net income (profit) each year or $2.44 on an earnings per share basis.

Blackstone Mortgage Trust's mailing address is 345 PARK AVENUE 42ND FLOOR, NEW YORK NY, 10154. The official website for the company is www.blackstonemortgagetrust.com. The real estate investment trust can be reached via phone at (212) 655-0220, via email at blackstoneinvestorrelations@blackstone.com, or via fax at 212-655-0044.