|Bid||34.76 x 1800|
|Ask||35.48 x 800|
|Day's Range||34.73 - 35.19|
|52 Week Range||30.84 - 36.77|
|Beta (3Y Monthly)||0.36|
|PE Ratio (TTM)||14.00|
|Earnings Date||Oct 21, 2019 - Oct 25, 2019|
|Forward Dividend & Yield||2.48 (7.06%)|
|1y Target Est||37.08|
Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of 3.03% and 5.18%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Stephen D. Plavin, Chief Executive Officer, said, "Our strong second quarter was highlighted by ramping global originations and highly efficient capital raising. Blackstone Mortgage Trust issued a full detailed presentation of its second quarter 2019 results, which can be viewed at www.bxmt.com. Blackstone Mortgage Trust will host a conference call on Wednesday, July 24, 2019 at 10:00 a.m. ET to discuss second quarter 2019 results.
Since majority of Blackstone Mortgage's (BXMT) loan portfolio earns a floating rate of interest, a decline in LIBOR rates during Q2 will likely impact portfolio yields unfavorably.
Blackstone Mortgage (BXMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Investment company Stephens Group Asset Management, Llc (current portfolio) buys Blackstone Mortgage Trust Inc, sells iShares MSCI EAFE during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Stephens Group Asset Management, Llc. Continue reading...
NEW YORK, July 12, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today announced that it will publish its second quarter 2019 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Tuesday, July 23, 2019. The company will also host a conference call to review results on Wednesday, July 24, 2019 at 10:00 a.m. ET. The conference call can be accessed by dialing +1 (888) 268-4178 (U.S. domestic) or +1 (617) 597-5494 (International) with the passcode 245-054-61# or by webcast at www.bxmt.com (listen only).
The Company intends to use the net proceeds from the offering to originate additional commercial mortgage loans and other target assets and investments consistent with its investment strategies and investment guidelines, and for working capital and other general corporate purposes. Citigroup, BofA Merrill Lynch, Barclays, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and Wells Fargo Securities acted as joint book-running managers for the offering.
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NEW YORK , June 20, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced the pricing of an underwritten public offering of 7,500,000 shares of its ...
NEW YORK , June 20, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced it has commenced an underwritten public offering of 7,500,000 shares of its ...
Blackstone Mortgage Trust Inc NYSE:BXMTView full report here! Summary * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is moderate for BXMT with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold BXMT had net inflows of $1.24 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, June 14, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the second quarter of 2019. Blackstone Mortgage Trust (BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Blackstone (BX) is one of the world's leading investment firms.
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NEW YORK, May 10, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) announced today that Steve Plavin, President and Chief Executive Officer, will participate in a panel discussion at the 2019 Keefe, Bruyette & Woods Real Estate Finance and Asset Management Conference in New York, NY on Thursday, May 30, 2019 at 10:40 am ET. An audio webcast of the presentation will be available live on the Webcasts section of BXMT's website at http://ir.blackstonemortgagetrust.com/webcasts/default.aspx. Blackstone Mortgage Trust (BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia.
The Insider Monkey team has completed processing the quarterly 13F filings for the December quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors endured a torrid quarter, which certainly propelled them to adjust their equity holdings so as to maintain the desired risk profile. As […]