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BXMT

Blackstone Mortgage Trust NYSE:BXMT Stock Report

Last Price

US$20.85

Market Cap

US$3.6b

7D

-6.0%

1Y

-12.1%

Updated

07 Dec, 2023

Data

Company Financials +

Blackstone Mortgage Trust, Inc.

NYSE:BXMT Stock Report

Mkt Cap: US$3.6b

BXMT Stock Overview

Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia.

BXMT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health2/6
Dividends5/6

Blackstone Mortgage Trust, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Blackstone Mortgage Trust
Historical stock prices
Current Share PriceUS$20.85
52 Week HighUS$24.98
52 Week LowUS$16.61
Beta1.44
1 Month Change-2.52%
3 Month Change-9.74%
1 Year Change-12.14%
3 Year Change-26.06%
5 Year Change-39.86%
Change since IPO-74.73%

Recent News & Updates

Recent updates

Blackstone Mortgage: Something Wicked This Way Comes

Nov 21

Blackstone Mortgage: Hold And Wait For Some Change (Rating Downgrade)

Nov 14

Blackstone Mortgage Trust: A Higher-For-Longer Rate Bet With A 12.6% Yield

Oct 28

Blackstone Mortgage Trust: Double-Digit Dividend Yield And Major Discount To Book Value

Oct 19

12% Yield! Blackstone Mortgage Trust Is Cheap For A Reason

Oct 02

Blackstone Mortgage Trust Has Become Fairly Valued

Sep 16

Blackstone Mortgage Trust: Valuation Is Getting Risky (Downgrade)

Aug 31

Blackstone Mortgage: Multiply Your Income With This 11% Yield

Aug 14

Blackstone Mortgage Trust: Don't Miss The Drop On This 11% Yielding CRE Trust

Jul 28

Blackstone Mortgage Trust: Concerns Overdone; Dividend Yield Intact

Jul 17

Blackstone Mortgage Trust: Stress Testing Blackstone's Dividend

Jul 11

Blackstone Mortgage: Do Not Worry About Increased Expected Credit Losses

Jun 16

Blackstone Mortgage Trust: The Market Is Too Focused On The Negatives

Feb 15

Blackstone Mortgage Trust Q4 2022 Earnings Preview

Feb 07

Blackstone Mortgage Trust: Attractive 11%-Yielder

Jan 25

Blackstone Mortgage: Buy Yourself This 11%-Yielding Christmas Gift

Dec 27

Blackstone Mortgage Trust declares $0.62 dividend

Dec 15

Blackstone Mortgage Trust: This 9.7% Yield Is Still On Sale

Nov 16

Blackstone Mortgage: I Am Getting A 10.9% Yield On My Last Buy

Oct 24

Blackstone Mortgage: Strong Dividend Yield And Economic Tailwind

Oct 11

Blackstone Mortgage Trust declares $0.62 dividend

Sep 15

Blackstone Mortgage: Get 8% Passive Income From This Trust Gem

Aug 03

Blackstone Mortgage Trust Q2 2022 Earnings Preview

Jul 26

Blackstone Mortgage: Strong 8.0% Yield And An Inflation Hedge

Jun 07

Blackstone Mortgage Trust: How To Benefit From Rising Interest Rates Thanks To Its Floating Rate Portfolio

Apr 19

Blackstone Mortgage Trust: This 7% Dividend Yield Remains Safe

Apr 02

Blackstone Mortgage Trust: A Strong mREIT From A Top Shelf Asset Manager

Jan 17

Blackstone's Fortress Against Fed Hikes

Jan 10

Blackstone Mortgage Trust: Top REIT Pick For 2022

Dec 25

Blackstone Mortgage: I Reach For Higher Yield When It Reaches For Me

Oct 21

Blackstone Likely To Go Higher Supported By AUM Growth

Sep 06

Blackstone Mortgage Trust: A 'Strong Buy' That Returned 60%

Aug 08

Blackstone Mortgage Trust Offers Attractive Dividend Yield

Jul 31

Blackstone Mortgage Trust: Caution Is Warranted

Jun 13

COPT builts new $119M data center shells JV with Blackstone Real Estate

Jun 02

Blackstone Mortgage Trust Q1 Earnings Preview

Apr 27

Could The Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Ownership Structure Tell Us Something Useful?

Mar 18
Could The Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Ownership Structure Tell Us Something Useful?

Blackstone Mortgage Trust's (NYSE:BXMT) Stock Price Has Reduced 29% In The Past Year

Feb 11
Blackstone Mortgage Trust's (NYSE:BXMT) Stock Price Has Reduced 29% In The Past Year

Have Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Insiders Been Selling Their Stock?

Jan 07
Have Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Insiders Been Selling Their Stock?

Blackstone Mortgage Trust: Still Some Upside But Credit Migration Highlights The Risk

Jan 06

Blackstone Mortgage Trust declares $0.62 dividend

Dec 15

Shareholder Returns

BXMTUS Mortgage REITsUS Market
7D-6.0%1.4%0.5%
1Y-12.1%-10.2%14.4%

Return vs Industry: BXMT underperformed the US Mortgage REITs industry which returned -10.8% over the past year.

Return vs Market: BXMT underperformed the US Market which returned 14.7% over the past year.

Price Volatility

Is BXMT's price volatile compared to industry and market?
BXMT volatility
BXMT Average Weekly Movement5.0%
Mortgage REITs Industry Average Movement4.8%
Market Average Movement6.1%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

Stable Share Price: BXMT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BXMT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aKatie Keenanhttps://www.blackstonemortgagetrust.com

Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company, together with its subsidiaries, originates and acquires commercial mortgage loans and related investments. It operates as a real estate investment trust for federal income tax purposes.

Blackstone Mortgage Trust, Inc. Fundamentals Summary

How do Blackstone Mortgage Trust's earnings and revenue compare to its market cap?
BXMT fundamental statistics
Market CapUS$3.59b
Earnings (TTM)US$201.39m
Revenue (TTM)US$384.64m

18.0x

P/E Ratio

9.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BXMT income statement (TTM)
RevenueUS$384.64m
Cost of RevenueUS$0
Gross ProfitUS$384.64m
Other ExpensesUS$183.25m
EarningsUS$201.39m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.16
Gross Margin100.00%
Net Profit Margin52.36%
Debt/Equity Ratio431.5%

How did BXMT perform over the long term?

See historical performance and comparison

Dividends

11.9%

Current Dividend Yield

212%

Payout Ratio