NYSE:BXMT Blackstone Mortgage Trust (BXMT) Stock Price, News & Analysis $19.22 -0.02 (-0.10%) (As of 11/29/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Blackstone Mortgage Trust Stock (NYSE:BXMT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get BXMT alerts:Sign Up Key Stats Today's Range$19.01▼$19.4350-Day Range$17.68▼$20.0352-Week Range$16.53▼$23.29Volume1.35 million shsAverage Volume1.37 million shsMarket Capitalization$3.32 billionP/E RatioN/ADividend Yield9.78%Price Target$20.08Consensus RatingHold Company OverviewBlackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company originates and acquires senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets. It operates as a real estate investment trust for federal income tax purposes. 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 incorporated in 1998 and is headquartered in New York, New York.Read More… ***TODAY ONLY*** Nvidia’s Next AI Play (Ad)Thanks to a specific AI Blueprint … A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%. Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern.Today only, the 2025 AI Blueprint has been revealed … Blackstone Mortgage Trust Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks58th Percentile Overall ScoreBXMT MarketRank™: Blackstone Mortgage Trust scored higher than 58% of companies evaluated by MarketBeat, and ranked 557th out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.1 / 5Analyst RatingHold Consensus RatingBlackstone Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageBlackstone Mortgage Trust has only been the subject of 1 research reports in the past 90 days.Read more about Blackstone Mortgage Trust's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings Growth-15.38% Earnings GrowthEarnings for Blackstone Mortgage Trust are expected to decrease by -15.38% in the coming year, from $1.95 to $1.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blackstone Mortgage Trust is -13.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Blackstone Mortgage Trust is -13.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBlackstone Mortgage Trust has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Blackstone Mortgage Trust's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted12.69% of the outstanding shares of Blackstone Mortgage Trust have been sold short.Short Interest Ratio / Days to CoverBlackstone Mortgage Trust has a short interest ratio ("days to cover") of 13.9, which indicates bearish sentiment.Change versus previous monthShort interest in Blackstone Mortgage Trust has recently decreased by 6.19%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipBlackstone Mortgage Trust is a leading dividend payer. It pays a dividend yield of 9.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlackstone Mortgage Trust does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Blackstone Mortgage Trust will have a dividend payout ratio of 113.94% in the coming year. This indicates that Blackstone Mortgage Trust may not be able to sustain their current dividend.Read more about Blackstone Mortgage Trust's dividend. Sustainability and ESG2.0 / 5Environmental Score-2.64 Percentage of Shares Shorted12.69% of the outstanding shares of Blackstone Mortgage Trust have been sold short.Short Interest Ratio / Days to CoverBlackstone Mortgage Trust has a short interest ratio ("days to cover") of 13.9, which indicates bearish sentiment.Change versus previous monthShort interest in Blackstone Mortgage Trust has recently decreased by 6.19%, indicating that investor sentiment is improving significantly. News and Social Media3.3 / 5News Sentiment0.96 News SentimentBlackstone Mortgage Trust has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Blackstone Mortgage Trust this week, compared to 4 articles on an average week.Search Interest19 people have searched for BXMT on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.MarketBeat Follows2 people have added Blackstone Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Blackstone Mortgage Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $18,641.00 in company stock.Percentage Held by InsidersOnly 0.93% of the stock of Blackstone Mortgage Trust is held by insiders.Percentage Held by Institutions64.15% of the stock of Blackstone Mortgage Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Blackstone Mortgage Trust's insider trading history. Receive BXMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Blackstone Mortgage Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address BXMT Stock News HeadlinesBlackstone Mortgage Trust Announces Offering of Senior Secured NotesNovember 25, 2024 | businesswire.comBlackstone Mortgage Trust Announces Continued Momentum in Credit OutcomesNovember 21, 2024 | tmcnet.com***TODAY ONLY*** Nvidia’s Next AI PlayThanks to a specific AI Blueprint … A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%. Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern.December 1, 2024 | Weiss Ratings (Ad)Blackstone Mortgage Trust (NYSE:BXMT) Stock, Earnings Estimates, EPS, And RevenueNovember 21, 2024 | benzinga.comLadder Capital: The Dividend Should Be SafeOctober 31, 2024 | seekingalpha.comBlackstone Mortgage Trust: 10% Yield For Risk-Seeking InvestorsOctober 26, 2024 | seekingalpha.comHold Rating on Blackstone Mortgage Trust Amidst Financial Challenges and Portfolio Stabilization EffortsOctober 25, 2024 | markets.businessinsider.comQ3 2024 Blackstone Mortgage Trust Inc Earnings CallOctober 24, 2024 | finance.yahoo.comSee More Headlines BXMT Stock Analysis - Frequently Asked Questions How have BXMT shares performed this year? Blackstone Mortgage Trust's stock was trading at $21.27 at the beginning of the year. Since then, BXMT stock has decreased by 9.6% and is now trading at $19.22. View the best growth stocks for 2024 here. How were Blackstone Mortgage Trust's earnings last quarter? Blackstone Mortgage Trust, Inc. (NYSE:BXMT) posted its earnings results on Wednesday, July, 24th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.04. The real estate investment trust earned $466.15 million during the quarter, compared to analysts' expectations of $131.87 million. Blackstone Mortgage Trust had a negative net margin of 12.91% and a positive trailing twelve-month return on equity of 9.35%. Is Blackstone Mortgage Trust buying back stock? Blackstone Mortgage Trust's Board of Directors authorized a stock buyback plan on Wednesday, July 24th 2024, which authorizes the company to repurchase $150,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 4.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its stock is undervalued. Who are Blackstone Mortgage Trust's major shareholders? Top institutional shareholders of Blackstone Mortgage Trust include State Street Corp (3.81%), Geode Capital Management LLC (2.33%), Charles Schwab Investment Management Inc. (1.40%) and Parallax Volatility Advisers L.P.. Insiders that own company stock include Michael B Nash, Timothy Steven Johnson, Katharine A Keenan, Henry N Nassau, Jonathan Lee Pollack, Douglas N Armer, Anthony F Marone Jr and Leonard W Cotton. View institutional ownership trends. How do I buy shares of Blackstone Mortgage Trust? Shares of BXMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Blackstone Mortgage Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that Blackstone Mortgage Trust investors own include Verizon Communications (VZ), AT&T (T), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Energy Transfer (ET), Ares Capital (ARCC) and Pfizer (PFE). Company Calendar Last Earnings7/24/2024Ex-Dividend for 10/15 Dividend9/30/2024Dividend Payable10/15/2024Today12/01/2024Fiscal Year End12/31/2024Next Earnings (Estimated)2/12/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNYSE:BXMT Previous SymbolNYSE:CT CUSIPN/A CIK1061630 Webwww.blackstonemortgagetrust.com Phone(212) 655-0220Fax212-655-0044EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$20.08 High Stock Price Target$23.00 Low Stock Price Target$17.50 Potential Upside/Downside+4.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($1.39) Trailing P/E RatioN/A Forward P/E Ratio9.86 P/E GrowthN/ANet Income$246.55 million Net Margins-12.91% Pretax Margin-12.58% Return on Equity9.35% Return on Assets1.68% Debt Debt-to-Equity Ratio4.46 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$2.04 billion Price / Sales1.63 Cash Flow$2.74 per share Price / Cash Flow7.02 Book Value$22.32 per share Price / Book0.86Miscellaneous Outstanding Shares172,990,000Free Float171,380,000Market Cap$3.32 billion OptionableOptionable Beta1.50 A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.Get This Free Report This page (NYSE:BXMT) was last updated on 12/1/2024 by MarketBeat.com Staff From Our PartnersThe latest trend in real estateThese vacation homes are often expensive to maintain and vacant 90% of the year. But thanks to co-ownership, t...Pacaso | SponsoredHow this >10-cent coin is going to outperform Bitcoin Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredYour bank is lying to you.You might think you have your money in a high-yield savings account, but do you really? The national average A...MyBankTracker | SponsoredBofA is watching for a market topU.S. tech stocks have soared so high for so long that they're no longer just minting new millionaires... Th...Chaikin Analytics | SponsoredPaypal, Tesla, SpaceX… Elon's next project is bigger than them allIn February 2016, when almost nobody was talking about artificial intelligence… I picked Nvidia as one of my f...Brownstone Research | Sponsored***TODAY ONLY*** Is this Trump’s Favorite Coin?Donald Trump just emphatically became America's first crypto president. Trump plans to make America, "the...Weiss Ratings | SponsoredThis Crisis Could Be Worse Than 2008Underneath the surface, cracks are forming. Cracks that threaten to shatter everything we know. America ...Behind the Markets | SponsoredYou’re invited! See my NEWEST trading strategyThis could easily be the most lucrative new trading strategy of 2025... So you’re not going to want to miss...Monument Traders Alliance | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Blackstone Mortgage Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Blackstone Mortgage Trust With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
