NYSE:BXMT Blackstone Mortgage Trust (BXMT) Stock Price, News & Analysis $17.86 -0.01 (-0.06%) (As of 10/8/2024 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$17.72▼$17.9350-Day Range$17.09▼$20.2452-Week Range$16.53▼$23.29Volume1.27 million shsAverage Volume2.01 million shsMarket Capitalization$3.10 billionP/E Ratio595.33Dividend Yield10.53%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… [SHOCKING] Crypto Document Leak… (Ad)The crypto market waits for no one. And my team of experts and I believe that a BIG move is right around the corner. That's why we're offering you instant access to the game-changing book that's transforming average investors into massive crypto successes.Download your digital copy now Blackstone Mortgage Trust Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks69th Percentile Overall ScoreBXMT MarketRank™: Blackstone Mortgage Trust scored higher than 69% of companies evaluated by MarketBeat, and ranked 446th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.1 / 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 3 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-19.07% Earnings GrowthEarnings for Blackstone Mortgage Trust are expected to decrease by -19.07% in the coming year, from $1.94 to $1.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blackstone Mortgage Trust is 595.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 129.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Blackstone Mortgage Trust is 595.33, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 46.79.Price to Book Value per Share RatioBlackstone Mortgage Trust has a P/B Ratio of 0.70. 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 Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted13.78% 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 12.1, which indicates bearish sentiment.Change versus previous monthShort interest in Blackstone Mortgage Trust has recently decreased by 3.47%, indicating that investor sentiment is improving. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipBlackstone Mortgage Trust is a leading dividend payer. It pays a dividend yield of 10.31%, 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 CoverageThe dividend payout ratio of Blackstone Mortgage Trust is 6,266.67%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Blackstone Mortgage Trust will have a dividend payout ratio of 119.75% 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 Shorted13.78% 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 12.1, which indicates bearish sentiment.Change versus previous monthShort interest in Blackstone Mortgage Trust has recently decreased by 3.47%, indicating that investor sentiment is improving. News and Social Media2.9 / 5News Sentiment1.30 News SentimentBlackstone Mortgage Trust has a news sentiment score of 1.30. 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 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Blackstone Mortgage Trust this week, compared to 4 articles on an average week.Search InterestOnly 10 people have searched for BXMT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows4 people have added Blackstone Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, Blackstone Mortgage Trust insiders have bought 5,090.63% more of their company's stock than they have sold. Specifically, they have bought $1,448,135.00 in company stock and sold $27,899.00 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 (NYSE:BXMT) Stock, Short Interest ReportOctober 7 at 12:32 AM | benzinga.comBlackstone Mortgage Trust (NYSE:BXMT) Stock Quotes, Forecast and News SummaryOctober 6 at 2:23 PM | benzinga.comWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment for as much as $7,882 — each quarter.October 8, 2024 | Angel Publishing (Ad)Blackstone Mortgage Trust, Inc. Declares Quarterly Dividend of $0.47 (NYSE:BXMT)September 28, 2024 | americanbankingnews.comBlackstone Mortgage Trust Announces Third Quarter 2024 Earnings Release and Conference CallSeptember 27, 2024 | businesswire.comGlobal Travel Technology Company OYO to Acquire G6 Hospitality from Blackstone Real EstateSeptember 20, 2024 | businesswire.comBlackstone Mortgage Trust, Inc.September 19, 2024 | seekingalpha.comAssessing Blackstone Mortgage's Performance For Q2 2024September 17, 2024 | seekingalpha.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 on January 1st, 2024. Since then, BXMT stock has decreased by 16.0% and is now trading at $17.86. 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 quarterly earnings data on Wednesday, July, 24th. The real estate investment trust reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.04. The real estate investment trust earned $466.15 million during the quarter, compared to analyst estimates of $131.87 million. Blackstone Mortgage Trust had a negative net margin of 7.98% and a positive trailing twelve-month return on equity of 10.16%. Is Blackstone Mortgage Trust buying back stock? Blackstone Mortgage Trust's Board of Directors approved a stock buyback plan on Wednesday, July 24th 2024, which allows the company to repurchase $150,000,000 in shares, according to EventVestor. This means that the company could purchase up to 4.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued. Who are Blackstone Mortgage Trust's major shareholders? Blackstone Mortgage Trust's top institutional investors include Artemis Investment Management LLP (0.73%), Handelsbanken Fonder AB (0.03%), SG Americas Securities LLC (0.02%) and True North Advisors LLC (0.01%). 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 AT&T (T), Blackstone (BX), New Residential Investment (NRZ), Exxon Mobil (XOM), Energy Transfer (ET), Endologix (ELGX) and Enterprise Products Partners (EPD). Company Calendar Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Last Earnings7/24/2024Ex-Dividend for 10/15 Dividend9/30/2024Today10/08/2024Dividend Payable10/15/2024Next Earnings (Confirmed)10/23/2024Fiscal Year End12/31/2024Get 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+12.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.03 Trailing P/E Ratio595.33 Forward P/E Ratio9.21 P/E GrowthN/ANet Income$246.55 million Net Margins-7.98% Pretax Margin-7.59% Return on Equity10.16% Return on Assets1.84% Debt Debt-to-Equity Ratio4.59 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$588.30 million Price / Sales5.27 Cash Flow$2.70 per share Price / Cash Flow6.62 Book Value$25.47 per share Price / Book0.70Miscellaneous Outstanding Shares173,584,000Free Float171,970,000Market Cap$3.10 billion OptionableOptionable Beta1.50 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report This page (NYSE:BXMT) was last updated on 10/8/2024 by MarketBeat.com Staff From Our PartnersElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredWar on Elon Escalates… Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adopti...Porter & Company | SponsoredThese 5 stocks could soar after November 4thHow to Trade this Crazy Election Year? 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