Real Estate -
REIT - Mortgage - NYSE - US
$ 17.75
-3.27 %
$ 3.05 B
Market Cap
-15.17
P/E
1. INTRINSIC VALUE
Balance Sheet
Blackstone Mortgage Trust, Inc.
| Current Assets | 18.6 B |
| Cash & Short-Term Investments | 323 M |
| Receivables | 18.3 B |
| Other Current Assets | 0 |
| Non-Current Assets | 81.7 M |
| Long-Term Investments | 4.45 M |
| PP&E | 0 |
| Other Non-Current Assets | 77.3 M |
| Current Liabilities | 9.86 B |
| Accounts Payable | 77.9 M |
| Short-Term Debt | 9.7 B |
| Other Current Liabilities | 81.2 M |
| Non-Current Liabilities | 6.03 B |
| Long-Term Debt | 6.03 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Blackstone Mortgage Trust, Inc.
| Revenue | 499 M |
| Cost Of Revenue | 0 |
| Gross Profit | 499 M |
| Operating Expenses | 493 M |
| Operating Income | 0 |
| Other Expenses | 202 M |
| Net Income | -202 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Blackstone Mortgage Trust, Inc.
| Net Income | -202 M |
| Depreciation & Amortization | 9.41 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 31.8 M |
| Change in Working Capital | 40.6 M |
| Others | 527 M |
| Free Cash Flow | 366 M |
Wall Street Analysts Price Targets
Blackstone Mortgage Trust, Inc.
BXMT has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
2.69%
DIVIDEND YIELD
0.47 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Blackstone Mortgage Trust, Inc.
Sold
0-3 MONTHS
117 K USD 2
3-6 MONTHS
28.5 K USD 1
6-9 MONTHS
27.9 K USD 1
9-12 MONTHS
191 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.45 M USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Countdown To Tariff Day
Ahead of the April 2nd tariff unveiling, US equity markets were under renewed pressure this week on downbeat data showing a further dip in consumer confidence and hotter-than-expected PCE inflation. As a turbulent first quarter wraps up, the updated GDPNow - the Atlanta Fed's closely watched GDP tracking model - forecasts growth of -2.8% overall and -0.5% on a "gold-adjusted basis." Posting weekly declines for the seventh time in the past nine weeks, the S&P 500 finished lower by 1.5% - extending its drawdown to 9.3% from its record-highs.
seekingalpha.com
- 1 week ago
Blackstone Mortgage Trust Announces First-Quarter 2025 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its first-quarter 2025 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, April 30, 2025. 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=1712876&tp_key=437092f1dc For tho.
businesswire.com
- 1 week ago
State Of REITs: The 'Dark Age' Is Over
While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-January. The rebound follows a truly forgettable three-year period for REITs dating back to the start of the Fed's rate hiking cycle in which REITs have accumulated 40 percentage-points of underperformance. REITs remain as unloved as ever: The number of publicly listed REITs declined for a fourth-straight year in 2024. As an asset class, REITs are the single-largest "underweight" among institutional investors.
seekingalpha.com
- 1 week ago
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
seekingalpha.com
- 2 weeks ago
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
seekingalpha.com
- 3 weeks ago
Fed Looms As Sentiment Dims
US equity markets remained under pressure this week as encouraging inflation data and a deal to avoid a government shutdown were offset by further tariff escalations and weak sentiment data. Markets struggled to agree on how the FOMC will interpret the latest economic data, with recent "hard data" showing encouraging trends while "softer" survey data has painted a far-bleaker outlook. Following its worst week in six months, the S&P 500 finished lower by another 2.3% this week - its fourth-straight week of declines - which dragged the index into "correction territory."
seekingalpha.com
- 3 weeks ago
Blackstone Mortgage Trust Declares $0.47 Per Share Dividend
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.47 per share of class A common stock with respect to the first quarter of 2025. This dividend is payable on April 15, 2025 to stockholders of record as of the close of business on March 31, 2025. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that primarily originates senior loans collateralized by commercial real estate in North America, Eur.
businesswire.com
- 3 weeks ago
Losers Of REIT Earnings Season
In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commercial Mortgage REITs were the "biggest loser" of REIT earnings season after results showed ongoing problems in the office space and a significant deterioration in multifamily bridge loan performance. Results from Hotel REITs were also disappointing given the record-levels of travel demand, as margin pressures from higher labor costs have taken a sizable bite out of bottom-line profitability.
seekingalpha.com
- 4 weeks ago
Tariff Turbulence
US equity markets tumbled this week - suffering its worst week in six months - as disappointing employment reports and fast-shifting tariff policy failed to improve skittish investor sentiment. Reminiscent of Fed Chair Powell's infamous August 2022 "some pain ahead" speech, the Trump Administration warned of a "little disturbance" and a necessary "detox period" for the U.S. economy. Softer-than-expected employment data this week fueled doubts that sweeping overhauls to trade policy and fiscal spending can be accomplished without risking a recession.
seekingalpha.com
- 1 month ago
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
seekingalpha.com
- 1 month ago
Winners Of REIT Earnings Season
In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.
seekingalpha.com
- 1 month ago
I'm Buying Up To 9% Yield For Recurring Income
Blackstone Secured Lending offers a 9.4% dividend yield, backed by a high-quality first-lien debt portfolio and a shareholder-friendly fee structure. Ladder Capital provides a diversified investment strategy with commercial loans, securities, and real estate, offering a well-covered 7.9% dividend yield. Both companies have strong balance sheets, prudent capital allocation, and seasoned leadership, helping to ensure steady cash flow and long-term value for income investors.
seekingalpha.com
- 1 month ago
8. Profile
Summary
Blackstone Mortgage Trust, Inc. BXMT
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 3.05 B
Dividend Yield
2.69%
Description
Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders. 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 founded in 1997 and is headquartered in New York, New York.
Contact
345 Park Avenue, New York, NY, 10154
https://www.blackstonemortgagetrust.com
IPO
Date
Dec. 29, 1980
Employees
0
Officers
Mr. Anthony Francis Marone Jr., CPA
Chief Financial Officer, Treasurer & Assistant Secretary
Ms. Katharine Amelia Keenan
Chief Executive Officer, President & Director
Mr. Kenneth A. Caplan
BX Global Co-Chief Investment Officer & Senior MD
Mr. Timothy Paul Hayes Jr.
Vice President of Shareholder Relations
Mr. Jonathan D. Gray CIMA
BX President, Chief Operating Officer & Senior MD
Mr. Stephen D. Plavin
Senior Managing Director
Mr. Scott Aaron Mathias
Chief Compliance Officer & Secretary
Mr. Timothy Johnson
Chairman of the Board, Global Head of BREDS & Senior MD
Mr. Austin Pena
Executive Vice President of Investments & MD
Mr. Marcin Urbaszek C.F.A.
Deputy Chief Financial Officer & Principal Accounting Officer