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Blackstone Mortgage (BXMT)
NYSE:BXMT
Holding BXMT?
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BXMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$16.53 - $23.54
Previous Close$19.61
Volume1.07M
Average Volume (3M)1.94M
Market Cap
$3.51B
Enterprise Value$5.78B
Total Cash (Recent Filing)$373.88M
Total Debt (Recent Filing)$2.73B
Price to Earnings (P/E)―
Beta1.19
Next Earnings
Oct 23, 2024EPS Estimate
$0.36Next Dividend Ex-Date
Sep 30, 2024Dividend Yield12.75%
Share Statistics
EPS (TTM)-0.91
Shares Outstanding173,620,980
10 Day Avg. Volume1,430,099
30 Day Avg. Volume1,940,450
Standard Deviation0.10
R-Squared0.59
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.85
Price to Sales (P/S)5.74
Price to Cash Flow (P/CF)8.40
P/FCF Ratio8.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.30
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda9.10
Forecast
1Y Price Target
$19.25Price Target Upside-4.75% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Blackstone Mortgage News
PremiumStock Analysis & Ideas
Seeking up to 12.5% Dividend Yield? BTIG Suggests 2 Dividend Stocks to Buy NowBulls Say, Bears Say
Bulls Say
Dividend YieldBXMT's dividend yield is attractive, particularly if investors believe that it is well-covered via distributable earnings for the near-term.
New Business LineThe company has added a complementary business line with a new Agency Multifamily origination and servicing JV that should create a durable income stream as that business scales.
Strategic AdvantageThe connection to the largest global real estate investment platform is an unparalleled advantage as BXMT manages its loan book, maximizes value of owned assets, and looks to make incremental investments.
Bears Say
DividendsShares of BXMT are trading down as much as 10% in light of a 24% reduction in the quarterly dividend.
Financial PerformanceBook value declined to $22.90 from $23.83.
Loan PortfolioThe level of 5-rated loans with specific loss reserves and timing of those final resolutions remains an overhang.
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Ownership Overview
7.13% Insiders
17.41% Mutual Funds
37.62% Other Institutional Investors
37.84% 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’s price range in the past 12 months?
Blackstone Mortgage lowest stock price was $16.53 and its highest was $23.54 in the past 12 months.
What is Blackstone Mortgage’s market cap?
Currently, no data Available
When is Blackstone Mortgage’s upcoming earnings report date?
Blackstone Mortgage’s upcoming earnings report date is Oct 23, 2024 which is in 34 days.
How were Blackstone Mortgage’s earnings last quarter?
Blackstone Mortgage released its earnings results on Jul 24, 2024. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.448 by $0.042.
Is Blackstone Mortgage overvalued?
According to Wall Street analysts Blackstone Mortgage’s price is currently Overvalued.
Does Blackstone Mortgage pay dividends?
Blackstone Mortgage pays a Quarterly dividend of $0.47 which represents an annual dividend yield of 12.75%. See more information on Blackstone Mortgage dividends here
What is Blackstone Mortgage’s EPS estimate?
Blackstone Mortgage’s EPS estimate is $0.36.
How many shares outstanding does Blackstone Mortgage have?
Blackstone Mortgage has 173,620,990 shares outstanding.
What happened to Blackstone Mortgage’s price movement after its last earnings report?
Blackstone Mortgage reported an EPS of $0.49 in its last earnings report, beating expectations of $0.448. Following the earnings report the stock price went down -11.615%.
Which hedge fund is a major shareholder of Blackstone Mortgage?
Among the largest hedge funds holding Blackstone Mortgage’s share is Blackstone Inc.. It holds Blackstone Mortgage’s shares valued at 138M.
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Blackstone Mortgage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$19.25 (-4.75% Downside)
$19.25 (-4.75% Downside)
Blogger Sentiment
Neutral
BXMT Sentiment 63%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 20.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 5.5%
Last 30 Days ▼ 5.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-4.44%
12-Months-Change
Fundamentals
Return on Equity
-3.70%
Trailing 12-Months
Asset Growth
-8.95%
Trailing 12-Months
Company Description
Blackstone Mortgage
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
Q2 2024
0:00 / 0:00
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BXMT Stock 12 Month Forecast
Average Price Target
$19.25
▼(-4.75% Downside)
Technical Analysis
Best Analysts Covering BXMT
1 Year
1 Year Success Rate
8/13 ratings generated profit
1 Year Average Return
+11.90%
assigned a buy rating 2 months ago
Copying Donald Fandetti's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +11.90% per trade.
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