Summary
18.12 -0.12(-0.66%)10/04/2024
Blackstone Mortgage Trust Inc (BXMT)
Blackstone Mortgage Trust Inc (BXMT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.66 | -7.24 | 0.61 | 4.98 | -5.58 | -11.44 | -25.43 | 44.61 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 18.12 | |
| Open | 18.48 | |
| High | 18.51 | |
| Low | 17.95 | |
| Volume | 1,537,292 | |
| Change | -0.12 | |
| Change % | -0.66 | |
| Avg Volume (20 Days) | 1,355,464 | |
| Volume/Avg Volume (20 Days) Ratio | 1.13 | |
| 52 Week Range | 16.53 - 23.29 | |
| Price vs 52 Week High | -22.20% | |
| Price vs 52 Week Low | 9.62% | |
| Range | -1.95 | |
| Gap Up/Down | 0.19 | |
Fundamentals | ||
| Market Capitalization (Mln) | 3,415 | |
| EBIDTA | 0 | |
| PE Ratio | 446.5000 | |
| PEG Ratio | 254.8000 | |
| WallStreet Target Price | 19.00 | |
| Book Value | 23.5590 | |
| Earnings Per Share | 0.0400 | |
| EPS Estimate Current Quarter | 0.4300 | |
| EPS Estimate Next Quarter | 0.4800 | |
| EPS Estimate Current Year | 1.6700 | |
| EPS Estimate Next Year | 1.9100 | |
| Diluted EPS (TTM) | 0.0400 | |
| Revenues | ||
| Profit Marging | 0.0302 | |
| Operating Marging (TTM) | 1.3531 | |
| Return on asset (TTM) | 0.0003 | |
| Return on equity (TTM) | 0.0019 | |
| Revenue TTM | 164,035,008 | |
| Revenue per share TTM | 0.9480 | |
| Quarterly Revenue Growth (YOY) | 15.9550 | |
| Quarterly Earnings Growth (YOY) | -0.7110 | |
| Gross Profit (TTM) | 416,545,000 | |
| Dividends | ||
| Dividend Share | 2.4800 | |
| Dividend Yield | 0.1389 | |
| Valuations | ||
| Trailing PE | 446.5000 | |
| Forward PE | 7.3046 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.7416 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 173,584,000 | |
| Shares Float | 174,387,124 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.21 | |
| Insider (%) | 1.24 | |
| Institutions (%) | 66.49 | |
09/27 08:30 EST - businesswire.com
Blackstone Mortgage Trust Announces Third Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its third quarter 2024 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, October 23, 2024. The Company will also host a conference call the same day at 9:00 a.m. ET to review results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1690501&tp_key=c125cd17c6 For t.
Blackstone Mortgage Trust Announces Third Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its third quarter 2024 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, October 23, 2024. The Company will also host a conference call the same day at 9:00 a.m. ET to review results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1690501&tp_key=c125cd17c6 For t.
09/25 07:01 EST - seekingalpha.com
5 Shares Yielding 8% To 11%
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.
5 Shares Yielding 8% To 11%
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.
09/20 16:35 EST - businesswire.com
Global Travel Technology Company OYO to Acquire G6 Hospitality from Blackstone Real Estate
NEW DELHI & DALLAS--(BUSINESS WIRE)--Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has agreed to acquire G6 Hospitality, the leading economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, in an all-cash transaction. OYO has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates over 320 hotels across 3.
Global Travel Technology Company OYO to Acquire G6 Hospitality from Blackstone Real Estate
NEW DELHI & DALLAS--(BUSINESS WIRE)--Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has agreed to acquire G6 Hospitality, the leading economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, in an all-cash transaction. OYO has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates over 320 hotels across 3.
09/20 12:56 EST - seekingalpha.com
The High Yield Desert
I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away.
The High Yield Desert
I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away.
09/16 14:50 EST - seekingalpha.com
Assessing Blackstone Mortgage's Performance For Q2 2024
BXMT recorded a minor decrease in BV as expected, with a net increase in CECL reserves and a slight underperformance in BV per share. Adjusted core earnings/EAD saw a minor outperformance due to a smaller decrease in investment portfolio size than projected. Non-accrual loans increased, leading to a dividend cut for Q3 2024, but BXMT remains slightly undervalued with potential for growth in the future.
Assessing Blackstone Mortgage's Performance For Q2 2024
BXMT recorded a minor decrease in BV as expected, with a net increase in CECL reserves and a slight underperformance in BV per share. Adjusted core earnings/EAD saw a minor outperformance due to a smaller decrease in investment portfolio size than projected. Non-accrual loans increased, leading to a dividend cut for Q3 2024, but BXMT remains slightly undervalued with potential for growth in the future.
09/12 07:57 EST - seekingalpha.com
Blackstone Mortgage Trust Could Be In For More Trouble
Blackstone Mortgage Trust continues to struggle as office impairments mount against the REIT's portfolio. BXMT's management acknowledges volatility ahead, with ongoing impairments impacting distributable earnings and no immediate improvement in sight for office real estate. Rising vacancy rates in multifamily could create new issues for the Company as the second-largest piece of the collateral pool.
Blackstone Mortgage Trust Could Be In For More Trouble
Blackstone Mortgage Trust continues to struggle as office impairments mount against the REIT's portfolio. BXMT's management acknowledges volatility ahead, with ongoing impairments impacting distributable earnings and no immediate improvement in sight for office real estate. Rising vacancy rates in multifamily could create new issues for the Company as the second-largest piece of the collateral pool.
09/10 09:00 EST - gurufocus.com
Blackstone Mortgage Trust Faces Serious Headwinds
Blackstone Mortgage Trust Inc.'s (BXMT, Financial) prospects are in the limelight amid a changing interest rate environment and a recent dividend cut. The mortgage real estate investment trust has shed approximately 10% of its market value in the past six months, illustrating investors' dissatisfaction with the systematic environment and the company's execution.
Blackstone Mortgage Trust Faces Serious Headwinds
Blackstone Mortgage Trust Inc.'s (BXMT, Financial) prospects are in the limelight amid a changing interest rate environment and a recent dividend cut. The mortgage real estate investment trust has shed approximately 10% of its market value in the past six months, illustrating investors' dissatisfaction with the systematic environment and the company's execution.
09/09 10:02 EST - zacks.com
Is the Options Market Predicting a Spike in Blackstone Mortgage (BXMT) Stock?
Investors need to pay close attention to Blackstone Mortgage (BXMT) stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in Blackstone Mortgage (BXMT) Stock?
Investors need to pay close attention to Blackstone Mortgage (BXMT) stock based on the movements in the options market lately.
09/03 10:00 EST - seekingalpha.com
Rates Down, REITs Up
Rates down, REITs up? Two years of persistent rate-driven pressure on residential and commercial real estate markets appears to finally be abating as the worst of pandemic-era inflationary pressures subside. Since the "pivot' in early July, the REIT Index has outpaced the S&P 500 by 10 percentage points. Despite this rebound, REITs still have 35 percentage points of "catch-up" to do. REITs aren't quite as "cheap" now as they were at the end of June, but that's not such a bad thing: premium equity valuations are the "fuel" for REITs' external growth.
Rates Down, REITs Up
Rates down, REITs up? Two years of persistent rate-driven pressure on residential and commercial real estate markets appears to finally be abating as the worst of pandemic-era inflationary pressures subside. Since the "pivot' in early July, the REIT Index has outpaced the S&P 500 by 10 percentage points. Despite this rebound, REITs still have 35 percentage points of "catch-up" to do. REITs aren't quite as "cheap" now as they were at the end of June, but that's not such a bad thing: premium equity valuations are the "fuel" for REITs' external growth.
09/01 09:00 EST - seekingalpha.com
A Summer To Remember
U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. Posting gains for a fourth week following a three-week skid in late July, the S&P 500 gained another 0.3% this week. The Dow Jones finished the week at all-time record-highs.
A Summer To Remember
U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. Posting gains for a fourth week following a three-week skid in late July, the S&P 500 gained another 0.3% this week. The Dow Jones finished the week at all-time record-highs.
08/29 07:00 EST - seekingalpha.com
3 'Beaten Down' Mortgage REITs: Darkest Before Dawn?
Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of these mREITs has improved, making them potentially lucrative for patient, long-term investors. Granite Point Mortgage Trust, Claros Mortgage Trust, and Blackstone Mortgage Trust are rated as Speculative Buys due to their significant discounts to book value and growth prospects.
3 'Beaten Down' Mortgage REITs: Darkest Before Dawn?
Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of these mREITs has improved, making them potentially lucrative for patient, long-term investors. Granite Point Mortgage Trust, Claros Mortgage Trust, and Blackstone Mortgage Trust are rated as Speculative Buys due to their significant discounts to book value and growth prospects.
08/23 08:10 EST - seekingalpha.com
2 Amazing Dividends Averaging 9% Yield
Hercules Capital, Inc. and Ladder Capital Corp are top picks in their sectors, offering high and well-covered dividends supported by robust cash flows and low leverage. Hercules offers a 10.5% yield with a low-cost structure and expertise in tech and life sciences. Ladder provides a 7.8% yield with a conservative loan portfolio, significant insider ownership, and strong financial performance.
2 Amazing Dividends Averaging 9% Yield
Hercules Capital, Inc. and Ladder Capital Corp are top picks in their sectors, offering high and well-covered dividends supported by robust cash flows and low leverage. Hercules offers a 10.5% yield with a low-cost structure and expertise in tech and life sciences. Ladder provides a 7.8% yield with a conservative loan portfolio, significant insider ownership, and strong financial performance.
08/18 09:00 EST - seekingalpha.com
Chasing Goldilocks
U.S. equity markets rallied while benchmark interest rates remained near the lows of the year after a critical slate of inflation data showed further encouraging signs of cooling price pressures. The Consumer Price Index posted a downside surprise for a fourth straight month, underscored by a "2-Handle" on Headline CPI, which follows a period of historically high inflation from 2021 to 2023. Sparking a renewed "Goldilocks" narrative, Retail Sales data was notably stronger than expected in July - posting its strongest monthly increase in 18 months - while Jobless Claims also moderated.
Chasing Goldilocks
U.S. equity markets rallied while benchmark interest rates remained near the lows of the year after a critical slate of inflation data showed further encouraging signs of cooling price pressures. The Consumer Price Index posted a downside surprise for a fourth straight month, underscored by a "2-Handle" on Headline CPI, which follows a period of historically high inflation from 2021 to 2023. Sparking a renewed "Goldilocks" narrative, Retail Sales data was notably stronger than expected in July - posting its strongest monthly increase in 18 months - while Jobless Claims also moderated.
08/16 06:24 EST - seekingalpha.com
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred share and baby bond combinations appear to be slightly mispriced.
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred share and baby bond combinations appear to be slightly mispriced.
08/11 09:00 EST - seekingalpha.com
The Return Of Volatility
In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."
The Return Of Volatility
In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."
08/08 09:20 EST - 247wallst.com
Grab These 4 High-Yield Dividend Stock August Bargains Now
24/7 Wall St. Insights Interest rates have plunged, and dividend stocks got hit during the sell-off.
Grab These 4 High-Yield Dividend Stock August Bargains Now
24/7 Wall St. Insights Interest rates have plunged, and dividend stocks got hit during the sell-off.
08/05 13:23 EST - seekingalpha.com
Blackstone Mortgage Trust: Why I Am Buying The Dividend Cut (Rating Upgrade)
Blackstone Mortgage Trust slashed its dividend by 24% due to persistent office loan performance problems, leading to an increased dividend pay-out ratio. The trust's credit loss reserve account increased, causing a decline in book value, but a $0.47 per share dividend may be more sustainable. Blackstone Mortgage Trust announced a $150 million share repurchase to cushion the impact of the dividend cut, and the stock is selling at a 24% discount to book value.
Blackstone Mortgage Trust: Why I Am Buying The Dividend Cut (Rating Upgrade)
Blackstone Mortgage Trust slashed its dividend by 24% due to persistent office loan performance problems, leading to an increased dividend pay-out ratio. The trust's credit loss reserve account increased, causing a decline in book value, but a $0.47 per share dividend may be more sustainable. Blackstone Mortgage Trust announced a $150 million share repurchase to cushion the impact of the dividend cut, and the stock is selling at a 24% discount to book value.
08/02 03:19 EST - seekingalpha.com
Bashing Big Yielders
Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.
Bashing Big Yielders
Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.
07/28 09:00 EST - seekingalpha.com
Soft Landing Secured
U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.
Soft Landing Secured
U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.