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Blackstone Mortgage (BXMT)
NYSE:BXMT
Holding BXMT?
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BXMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$16.53 - $23.29
Previous Close$18.66
Volume1.54M
Average Volume (3M)1.58M
Market Cap
$3.23B
Enterprise Value$5.60B
Total Cash (Recent Filing)$373.88M
Total Debt (Recent Filing)$2.73B
Price to Earnings (P/E)―
Beta1.19
Next Earnings
Feb 18, 2025EPS Estimate
-$1.01Last Dividend Ex-Date
Sep 30, 2024Dividend Yield12.49%
Share Statistics
EPS (TTM)-1.40
Shares Outstanding172,988,799
10 Day Avg. Volume1,449,589
30 Day Avg. Volume1,576,904
Standard Deviation0.10
R-Squared0.60
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.83
Price to Sales (P/S)4.81
Price to Cash Flow (P/CF)9.30
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.16
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda8.82
Forecast
1Y Price Target
$19.83Price Target Upside6.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Blackstone Mortgage News
Bulls Say, Bears Say
Bulls Say
EarningsBlackstone Mortgage Trust beat consensus distributable earnings estimates, highlighting strong financial performance.
LiquidityHigh repayments and anticipated non-performing loan resolutions are expected to provide ample liquidity for future investments.
Loan PortfolioManagement expects a peak in non-performing loans with a clear path to resolve a significant portion, improving portfolio health.
Bears Say
EarningsBlackstone Mortgage Trust expects significant realized losses as it resolves a substantial amount of non-performing loans.
Financial PerformanceBook value declined 3% quarter-over-quarter to $22.17.
Market ValuationThe market appears to be pricing in another wave of credit issues, with shares trading at just 0.85x book value compared to pre-COVID averages.
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Ownership Overview
1.27% Insiders
15.07% Mutual Funds
11.31% Other Institutional Investors
45.36% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BXMT FAQ
What was Blackstone Mortgage’s price range in the past 12 months?
Blackstone Mortgage lowest stock price was $16.53 and its highest was $23.29 in the past 12 months.
What is Blackstone Mortgage’s market cap?
Currently, no data Available
When is Blackstone Mortgage’s upcoming earnings report date?
Blackstone Mortgage’s upcoming earnings report date is Feb 18, 2025 which is in 86 days.
How were Blackstone Mortgage’s earnings last quarter?
Blackstone Mortgage released its earnings results on Oct 23, 2024. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.324 by $0.066.
Is Blackstone Mortgage overvalued?
According to Wall Street analysts Blackstone Mortgage’s price is currently Undervalued.
Does Blackstone Mortgage pay dividends?
Blackstone Mortgage pays a Quarterly dividend of $0.47 which represents an annual dividend yield of 12.49%. See more information on Blackstone Mortgage dividends here
What is Blackstone Mortgage’s EPS estimate?
Blackstone Mortgage’s EPS estimate is -$1.01.
How many shares outstanding does Blackstone Mortgage have?
Blackstone Mortgage has 172,988,800 shares outstanding.
What happened to Blackstone Mortgage’s price movement after its last earnings report?
Blackstone Mortgage reported an EPS of $0.39 in its last earnings report, beating expectations of $0.324. Following the earnings report the stock price went up 2.633%.
Which hedge fund is a major shareholder of Blackstone Mortgage?
Among the largest hedge funds holding Blackstone Mortgage’s share is Blackstone Inc.. It holds Blackstone Mortgage’s shares valued at 151M.
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Blackstone Mortgage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$19.83 (6.27% Upside)
$19.83 (6.27% Upside)
Blogger Sentiment
Neutral
BXMT Sentiment 72%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 31.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.30%
12-Months-Change
Fundamentals
Return on Equity
-5.86%
Trailing 12-Months
Asset Growth
-10.81%
Trailing 12-Months
Company Description
Blackstone Mortgage
Blackstone Mortgage Trust, Inc. is a real estate finance company, which engages in originating senior loans collateralized by commercial real estate. Its investment objective is to preserve and protect shareholder capital while producing risk-adjusted returns primarily through dividends generated from current income from its loan portfolio. The company was founded by Samuel Zell, John R. Klopp, and Craig M. Hatkoff in July 1997 and is headquartered in New York, NY.
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BXMT Company Deck
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BXMT Earnings Call
Q3 2024
0:00 / 0:00
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BXMT Stock 12 Month Forecast
Average Price Target
$19.83
▲(6.27% Upside)
Technical Analysis
Best Analysts Covering BXMT
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+8.96%
reiterated a buy rating last month
Copying Donald Fandetti's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +8.96% per trade.
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