Blackstone Mortgage Trust, Inc.

NYSE:BXMT Stock Report

Market Cap: US$3.4b

Blackstone Mortgage Trust Past Earnings Performance

Past criteria checks 2/6

Blackstone Mortgage Trust has been growing earnings at an average annual rate of 3.4%, while the Mortgage REITs industry saw earnings growing at 0.4% annually. Revenues have been growing at an average rate of 5.8% per year. Blackstone Mortgage Trust's return on equity is 5.7%, and it has net margins of 58.6%.

Key information

3.4%

Earnings growth rate

-5.1%

EPS growth rate

Mortgage REITs Industry Growth4.5%
Revenue growth rate5.8%
Return on equity5.7%
Net Margin58.6%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Blackstone Mortgage: 13% Yield, 123% Dividend Coverage Make It A Buy

Feb 27

Blackstone Mortgage Trust: 3 Reasons Why I Am Downgrading This 12% Yielder

Feb 21

Diving Into Blackstone Mortgage's Portfolio Reveals 2024 Is Darker Than It Appears In The Muddy Waters' Report

Jan 17

Blackstone Mortgage: 11% Yield Inside Muddy Waters

Dec 22

Blackstone Mortgage: 11.2% Dividend Yield As Bears Blindsided By Fed

Dec 15

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?

Revenue & Expenses Breakdown
Beta

How Blackstone Mortgage Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:BXMT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 234212471700
30 Sep 233852011790
30 Jun 234602751770
31 Mar 234452671710
31 Dec 224172491620
30 Sep 225794201540
30 Jun 225494011450
31 Mar 225804391380
31 Dec 215544191320
30 Sep 215053791230
30 Jun 215123851230
31 Mar 213972711230
31 Dec 202651381240
30 Sep 202591331230
30 Jun 202401181200
31 Mar 202961761190
31 Dec 194243061170
30 Sep 194173001150
30 Jun 194203041150
31 Mar 194173011150
31 Dec 183962851100
30 Sep 183752691040
30 Jun 18348249980
31 Mar 18317227890
31 Dec 17303218850
30 Sep 17295213820
30 Jun 17299220830
31 Mar 17308233840
31 Dec 16314238840
30 Sep 16324250870
30 Jun 16328252850
31 Mar 16297218860
31 Dec 15258197800
30 Sep 15213153690
30 Jun 15156108590
31 Mar 15133112550
31 Dec 1411690470
30 Sep 149476430
30 Jun 147862380
31 Mar 145631220
31 Dec 133515170
30 Sep 1355115140
30 Jun 1346113140
31 Mar 1342113120

Quality Earnings: BXMT has high quality earnings.

Growing Profit Margin: BXMT's current net profit margins (58.6%) are lower than last year (59.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BXMT's earnings have grown by 3.4% per year over the past 5 years.

Accelerating Growth: BXMT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BXMT had negative earnings growth (-0.8%) over the past year, making it difficult to compare to the Mortgage REITs industry average (-0.8%).


Return on Equity

High ROE: BXMT's Return on Equity (5.7%) is considered low.


Return on Assets


Return on Capital Employed


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