|Bid||36.79 x 800|
|Ask||37.54 x 800|
|Day's Range||36.63 - 36.85|
|52 Week Range||30.84 - 36.85|
|Beta (3Y Monthly)||0.55|
|PE Ratio (TTM)||15.52|
|Earnings Date||Feb 10, 2020 - Feb 14, 2020|
|Forward Dividend & Yield||2.48 (6.77%)|
|1y Target Est||36.21|
Convertible bonds, which have been ignored by investors and Wall Street for years, may be worth a fresh look, asserts George Putnam, editor of The Turnaround Letter.
Cove Property Group announced today the closing of a $724.2 million financing for Hudson Commons, Cove's 25-story, 698,000 square foot trophy office redevelopment at 441 Ninth Avenue in the Hudson Yards submarket of Manhattan, from affiliates of Blackstone Mortgage Trust (NYSE: BXMT).
Blackstone Real Estate Income Trust (“BREIT”) and MGM Resorts International (“MGM Resorts”) (MGM) today announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction. As part of the transaction, MGM Resorts has leased the property from the joint venture and continues to manage, operate and be responsible for all aspects of the property on a day-to-day basis. Weil, Gotshal & Manges LLP served as legal counsel to MGM Resorts and PJT Partners and J.P. Morgan served as financial advisors to MGM Resorts.
Moody's Investors Service (Moody's) has said that the Ba2 corporate family rating and Ba2 senior secured rating of Blackstone Mortgage Trust, Inc. (BXMT) are unaffected by the company's decision to increase its existing Term Loan B by $150 million. This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.
DREAM GLOBAL REAL ESTATE INVESTMENT TRUST (TSX: DRG.UN FRA: DRG, “Dream Global REIT” or the “REIT”) announced today that two leading independent proxy advisory firms, Institutional Shareholder Services, Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”), have both recommended that unitholders of the REIT (“Unitholders”) vote FOR the special resolution (the “Transaction Resolution”) at the upcoming special meeting (the “Meeting”) of Unitholders.
If you want to know who really controls Blackstone Mortgage Trust, Inc. (NYSE:BXMT), then you'll have to look at the...
Is Blackstone Mortgage Trust Inc (NYSE:BXMT) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market […]
Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of 1.59% and -3.37%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, Oct. 23, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today reported its third quarter 2019 results. Stephen D. Plavin, Chief Executive Officer, said, "This quarter BXMT reached a record portfolio size of $16.4 billion, following a strong quarter of diverse originations including our largest non-US direct origination to date of €1.2 billion. Blackstone Mortgage Trust issued a full detailed presentation of its third quarter 2019 results, which can be viewed at www.bxmt.com.
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.
NEW YORK, Oct. 11, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today announced that it will publish its third quarter 2019 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Wednesday, October 23, 2019. The company will also host a conference call to review results on Thursday, October 24, 2019 at 9:00 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).
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
NEW YORK, Sept. 16, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the third 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.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Blackstone Mortgage Trust, Inc. New York, September 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Blackstone Mortgage Trust, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Trinity Merger Corp. to Combine with Broadmark to Create Listed Mortgage REIT By John Jannarone From Travel-as-a-Service to Space-as-as-Service, the IPO market has been dominated by big promises and little profits in 2019. For those seeking a new listing with a track record of steady returns, there is an appealing choice on the menu. Meet […]
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.