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Blackstone Mortgage Trust (BXMT)
:BXMT
Holding BXMT?
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BXMT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$16.53 - $21.50
Previous CloseN/A
Volume736.33K
Average Volume (3M)1.68M
Market Cap
$3.10B
Enterprise Value$20.23B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$1.18B
Price to Earnings (P/E)―
Beta1.19
Next Earnings
Feb 12, 2025EPS Estimate
-1.04Last Dividend Ex-Date
Dec 31, 2024Dividend Yield12.16%
Share Statistics
EPS (TTM)-1.40
Shares Outstanding172,988,800
10 Day Avg. Volume2,021,234
30 Day Avg. Volume1,675,959
Standard Deviation0.10
R-Squared0.60
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.68
Price to Cash Flow (P/CF)9.00
P/FCF Ratio9.00
Enterprise Value/Market Cap6.52
Enterprise Value/Revenue46.56
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda34.53
Forecast
1Y Price Target
$19.42Price Target Upside6.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Blackstone Mortgage News
PremiumCompany Announcements
Blackstone Mortgage Appoints New CFO Amid Board Change
Bulls Say, Bears Say
Bulls Say
Credit Risk OutlookThe company is signaling a more favorable outlook and tighter range of credit risk outcomes, given better trends in CRE markets.
Earnings ImprovementThe stock has been upgraded to Outperform due to expectations of earnings improvement.
Liquidity And Loan ResolutionsRepayments likely to remain high, coupled with over $1B of anticipated non-performing loan resolutions, should provide Blackstone Mortgage Trust with ample liquidity to deploy.
Bears Say
Credit IssuesThe 3Q credit update was disappointing as both CECL reserves and risk-rated 4/5 loans increased.
EarningsRecord levels of repayments create a short-term headwind for earnings.
Financial PerformanceThe market appears to be pricing in another wave of credit issues, with shares trading at just 0.85x book value compared to pre-COVID averages.
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Ownership Overview
1.09% Insiders
14.99% Mutual Funds
<0.01% Other Institutional Investors
57.44% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BXMT FAQ
What was Blackstone Mortgage Trust’s price range in the past 12 months?
Blackstone Mortgage Trust lowest stock price was $16.53 and its highest was $21.50 in the past 12 months.
What is Blackstone Mortgage Trust’s market cap?
Blackstone Mortgage Trust’s market cap is $3.10B.
When is Blackstone Mortgage Trust’s upcoming earnings report date?
Blackstone Mortgage Trust’s upcoming earnings report date is Feb 12, 2025 which is in 25 days.
How were Blackstone Mortgage Trust’s earnings last quarter?
Blackstone Mortgage Trust released its earnings results on Oct 23, 2024. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.324 by $0.066.
Is Blackstone Mortgage Trust overvalued?
According to Wall Street analysts Blackstone Mortgage Trust’s price is currently Undervalued.
Does Blackstone Mortgage Trust pay dividends?
Blackstone Mortgage Trust pays a Quarterly dividend of $2.178 which represents an annual dividend yield of 12.16%. See more information on Blackstone Mortgage Trust dividends here
What is Blackstone Mortgage Trust’s EPS estimate?
Blackstone Mortgage Trust’s EPS estimate is -1.04.
How many shares outstanding does Blackstone Mortgage Trust have?
Blackstone Mortgage Trust has 172,988,800 shares outstanding.
What happened to Blackstone Mortgage Trust’s price movement after its last earnings report?
Blackstone Mortgage Trust reported an EPS of $0.39 in its last earnings report, beating expectations of $0.324. Following the earnings report the stock price went up 2.594%.
Which hedge fund is a major shareholder of Blackstone Mortgage Trust?
Currently, no hedge funds are holding shares in BXMT
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Blackstone Mortgage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$19.42 (6.00% Upside)
$19.42 (6.00% Upside)
Blogger Sentiment
Neutral
BXMT Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 31.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.93%
12-Months-Change
Fundamentals
Return on Equity
-5.86%
Trailing 12-Months
Asset Growth
-10.81%
Trailing 12-Months
Company Description
Blackstone Mortgage Trust
Blackstone Mortgage Trust, Inc. is a real estate finance company, which engages in originating senior loans collateralized by commercial real estate. Its investment objective is to preserve and protect shareholder capital while producing risk-adjusted returns primarily through dividends generated from current income from its loan portfolio. The company was founded by Samuel Zell, John R. Klopp, and Craig M. Hatkoff in July 1997 and is headquartered in New York, NY.
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BXMT Company Deck
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BXMT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a cautious optimism, with strong repayment activity and new loan originations indicating forward momentum. However, the GAAP net loss and the high level of non-performing loans present significant challenges. The company is in a transition period with expected realized losses, but is positioned well for future growth as the market improves.Read More>---
BXMT Stock 12 Month Forecast
Average Price Target
$19.42
▲(6.00% Upside)
Technical Analysis
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Best Analysts Covering BXMT
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+7.67%
reiterated a buy rating 3 months ago
Copying Donald Fandetti's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +7.67% per trade.
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