NYSE:BXMTBlackstone Mortgage Trust Stock Price, Forecast & News

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. Since then, BXMT shares have decreased by 28.9% and is now trading at $23.59. View which stocks have been most impacted by Coronavirus.

5 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Blackstone Mortgage Trust.

Blackstone Mortgage Trust is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Blackstone Mortgage Trust.

Blackstone Mortgage Trust Inc (NYSE:BXMT) issued its quarterly earnings data on Tuesday, April, 28th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.64. The real estate investment trust earned $100.64 million during the quarter, compared to the consensus estimate of $105.82 million. Blackstone Mortgage Trust had a return on equity of 8.48% and a net margin of 23.36%. During the same quarter last year, the firm earned $0.71 earnings per share. View Blackstone Mortgage Trust's earnings history.

Blackstone Mortgage Trust declared a quarterly dividend on Friday, March 13th. Investors of record on Tuesday, March 31st will be given a dividend of $0.62 per share on Wednesday, April 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 10.51%. The ex-dividend date is Monday, March 30th. View Blackstone Mortgage Trust's dividend history.

5 brokerages have issued 1-year price targets for Blackstone Mortgage Trust's stock. Their forecasts range from $24.00 to $36.00. On average, they expect Blackstone Mortgage Trust's stock price to reach $29.10 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View analysts' price targets for Blackstone Mortgage Trust.

News headlines about BXMT stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blackstone Mortgage Trust earned a news impact score of -2.6 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutBlackstone Mortgage Trust.

Blackstone Mortgage Trust saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,800,000 shares, an increase of 15.8% from the April 30th total of 5,010,000 shares. Based on an average daily trading volume, of 2,820,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 4.5% of the shares of the stock are short sold. View Blackstone Mortgage Trust's Current Options Chain.

Some companies that are related to Blackstone Mortgage Trust include Duke Realty (DRE), HCP (HCP), Extra Space Storage (EXR), Equity Lifestyle Properties (ELS), UDR (UDR), WP Carey (WPC), Medical Properties Trust (MPW), VICI Properties (VICI), Camden Property Trust (CPT), ANNALY CAP MGMT/SH (NLY), CyrusOne (CONE), Host Hotels and Resorts (HST), SINO LD LTD/S (SNLAY), American Homes 4 Rent (AMH) and Gaming and Leisure Properties (GLPI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Mortgage Trust investors own include AT&T (T), Blackstone Group (BX), Exxon Mobil (XOM), New Residential Investment (NRZ), Endologix (ELGX), Starwood Property Trust (STWD), Omega Healthcare Investors (OHI), Ares Capital (ARCC), Energy Transfer LP Unit (ET) and Apache (APA).

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 number of retail and institutional investors. Top institutional shareholders include Blackstone Group Inc (4.30%), Geode Capital Management LLC (1.73%), GVO Asset Management Ltd (1.18%), Delphi Financial Group Inc. (0.79%), 1832 Asset Management L.P. (0.51%) and Nuveen Asset Management LLC (0.44%). Company insiders that own Blackstone Mortgage Trust stock include Anthony F Marone Jr, Douglas N Armer, Katharine A Keenan, 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 Nuveen Asset Management LLC, Victory Capital Management Inc., Alliancebernstein L.P., M&T Bank Corp, Citigroup Inc., Bessemer Group Inc., Baird Financial Group Inc., and 1832 Asset Management L.P.. Company insiders that have sold Blackstone Mortgage Trust company stock in the last year include Anthony F Marone Jr, Douglas N Armer, Katharine A Keenan, and Thomas C Ruffing. View insider buying and selling activity for Blackstone Mortgage Trust.

BXMT stock was bought by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Geode Capital Management LLC, Delphi Financial Group Inc., WINTON GROUP Ltd, Pacific Edge Advisors LLC, FDx Advisors Inc., FDx Advisors Inc., and Driehaus Capital Management LLC. View insider buying and selling activity 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 $23.59.

Blackstone Mortgage Trust has a market capitalization of $3.19 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.

The official website for Blackstone Mortgage Trust is 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]