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Blackstone Mortgage (BXMT)
NYSE:BXMT
Blackstone Mortgage (BXMT) Stock Price & Analysis
1,274 Followers
BXMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$16.12 - $21.19
Previous Close$17.13
Volume301.32K
Average Volume (3M)2.01M
Market Cap
$2.98B
Enterprise Value$18.03B
Total Cash (Recent Filing)$413.99M
Total Debt (Recent Filing)$15.45B
Price to Earnings (P/E)625.2
Beta1.21
Next Earnings
Jul 24, 2024EPS Estimate
$0.46Last Dividend Ex-Date
Jun 28, 2024Dividend Yield14.24%
Share Statistics
EPS (TTM)0.03
Shares Outstanding173,584,034
10 Day Avg. Volume2,050,928
30 Day Avg. Volume2,008,705
Standard Deviation0.10
R-Squared0.59
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.70
Price to Sales (P/S)4.67
Price to Cash Flow (P/CF)7.10
P/FCF Ratio1.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue58.59
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda22.80
Forecast
1Y Price Target
$19.30Price Target Upside12.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Blackstone Mortgage News
Bulls Say, Bears Say
Bulls Say
Dividend YieldBXMT's dividend yield is attractive, particularly if investors believe that it is well-covered via distributable earnings for the near-term.
Geographic DiversityIts geographic diversity enables it to invest across markets to generate favorable risk-adjusted returns.
Market KnowledgeBXMT's ability to leverage Blackstone's proprietary market knowledge should provide it an edge in the markets it lends in.
Bears Say
DividendsRecent credit issues and softer earnings have brought dividend stability into question.
EarningsA continuation of a challenging macroeconomic backdrop will likely drive repayments to outpace originations, putting pressure on earnings.
ManagementBXMT is externally managed, which could lead to conflicts of interest.
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Ownership Overview
7.08% Insiders
17.16% Mutual Funds
26.71% Other Institutional Investors
49.05% 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 $16.12 and its highest was $21.19 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 Jul 24, 2024 which is in 22 days.
How were Blackstone Mortgage’s earnings last quarter?
Blackstone Mortgage released its earnings results on Apr 24, 2024. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.435 by -$0.105.
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 $0.62 which represents an annual dividend yield of 14.24%. See more information on Blackstone Mortgage dividends here
What is Blackstone Mortgage’s EPS estimate?
Blackstone Mortgage’s EPS estimate is $0.46.
How many shares outstanding does Blackstone Mortgage have?
Blackstone Mortgage has 173,584,030 shares outstanding.
What happened to Blackstone Mortgage’s price movement after its last earnings report?
Blackstone Mortgage reported an EPS of $0.33 in its last earnings report, missing expectations of $0.435. Following the earnings report the stock price went down -4.602%.
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 158M.
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Blackstone Mortgage Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$19.30 (12.31% Upside)
$19.30 (12.31% Upside)
Blogger Sentiment
Neutral
BXMT Sentiment 72%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 29.4K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.90%
12-Months-Change
Fundamentals
Return on Equity
0.11%
Trailing 12-Months
Asset Growth
-8.35%
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
Q1 2024
0:00 / 0:00
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BXMT Stock 12 Month Forecast
Average Price Target
$19.30
▲(12.31% Upside)
Technical Analysis
Best Analysts Covering BXMT
1 Year
1 Year Success Rate
5/12 ratings generated profit
1 Year Average Return
+7.93%
reiterated a buy rating 2 months ago
Copying Donald Fandetti's trades and holding each position for 1 Year would result in 41.67% of your transactions generating a profit, with an average return of +7.93% per trade.
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