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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 - $23.00
Previous Close$18.29
Volume638.33K
Average Volume (3M)1.46M
Market Cap
$3.16B
Enterprise Value$5.54B
Total Cash (Recent Filing)$322.10M
Total Debt (Recent Filing)$2.69B
Price to Earnings (P/E)―
Beta1.20
Next Earnings
Feb 18, 2025EPS Estimate
-$1.01Next Dividend Ex-Date
Dec 31, 2024Dividend Yield12.74%
Share Statistics
EPS (TTM)-1.40
Shares Outstanding172,988,799
10 Day Avg. Volume1,583,357
30 Day Avg. Volume1,462,301
Standard Deviation0.10
R-Squared0.60
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.82
Price to Sales (P/S)4.72
Price to Cash Flow (P/CF)9.10
P/FCF Ratio9.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.76
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda9.46
Forecast
1Y Price Target
$19.70Price Target Upside7.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Blackstone Mortgage News
Bulls Say, Bears Say
Bulls Say
Earnings ImprovementThe company is expected to see a strong origination pipeline and healthy repayments, which could improve earnings.
Financial PerformanceThe stock has been upgraded to Outperform due to expectations of earnings improvement.
Market HealthRepayments and resolutions of non-performing loans signal a healthier market and allow the company to focus on growing earnings power.
Bears Say
Credit IssuesThe 3Q credit update was disappointing as both CECL reserves and risk-rated 4/5 loans increased.
EarningsRecord levels of repayments create a short-term headwind for earnings.
Financial PerformanceThe 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
1.09% Insiders
15.05% Mutual Funds
11.31% Other Institutional Investors
45.96% 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 $23.00 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 54 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 $0.469 which represents an annual dividend yield of 12.74%. 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:
$19.70 (7.71% Upside)
$19.70 (7.71% Upside)
Blogger Sentiment
Neutral
BXMT Sentiment 72%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 31.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-9.26%
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
Earnings Call Sentiment|Neutral
The earnings call reflected a cautious optimism, with strong repayment activity and new loan originations indicating forward momentum. However, the GAAP net loss and the high level of non-performing loans present significant challenges. The company is in a transition period with expected realized losses, but is positioned well for future growth as the market improves.Read More>---
BXMT Stock 12 Month Forecast
Average Price Target
$19.70
▲(7.71% Upside)
Technical Analysis
Best Analysts Covering BXMT
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+8.45%
reiterated a buy rating 2 months ago
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 +8.45% per trade.
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