Blackstone Mortgage Trust ( (BXMT) ) has released its Q4 earnings. Here is a breakdown of the information Blackstone Mortgage Trust presented to its investors.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Blackstone Mortgage Trust is a real estate finance company that primarily originates senior loans secured by commercial real estate across North America, Europe, and Australia, aiming to deliver attractive risk-adjusted returns through dividends from current income.
In their recent earnings report, Blackstone Mortgage Trust reported a net loss of $204 million for the full year 2024. Despite this loss, the company highlighted a positive shift in the fourth quarter with significant loan resolutions and increased capital deployment, setting a strong foundation for growth in 2025.
Key financial metrics in the report included a full-year EPS of $(1.17), Distributable EPS of $(0.03), and Distributable EPS prior to charge-offs of $2.15, with $2.18 in dividends paid per basic share. The company successfully closed or is in the process of closing over $2 billion in loans, reflecting its capacity to leverage its global scale and robust balance sheet.
Looking ahead, Blackstone Mortgage Trust’s management remains optimistic about capturing attractive opportunities in the real estate credit market, supported by its strong balance sheet and expansive loan pipeline, which positions the company well for 2025.
