BXMT Stock Price Blackstone Mortgage Trust Inc Cl A Stock Quote U.S.: NYSE

bxmt stock price

However, a closer look at the company’s GF Value paints a different picture. With a price of $23.21 and a GuruFocus Value of $34.03, Blackstone Mortgage Trust Inc has a price-to-GF-Value ratio of 0.68. This indicates that the stock is significantly undervalued based on its GF Value. The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. The technique has proven to be very useful for finding positive surprises.

Having purchased US$1.5m worth of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) stock, the recent 5.4% pullback is not what insiders may have expected – Yahoo Finance

Having purchased US$1.5m worth of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) stock, the recent 5.4% pullback is not what insiders may have expected.

Posted: Sat, 19 Nov 2022 08:00:00 GMT [source]

According to 4 analysts, the average rating for BXMT stock is “Buy.” The 12-month stock price forecast is $21.63, which is a decrease of -5.94% from the latest price. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

Blackstone Mortgage Trust, Inc. (BXMT)

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company, together with its subsidiaries, originates and acquires commercial mortgage loans and related investments. It operates as a real estate investment trust for federal income tax purposes. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013.

In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

Bluerock Residential Growth REIT and Blackstone Real Estate Announce Anticipated Closing Date of Acquisition and Spin-Off

On average, they predict the company’s stock price to reach $22.40 in the next year. View analysts price targets for BXMT or view top-rated stocks among Wall Street analysts. The company’s price-earnings ratio stands at 14.56, lower than the industry median of 17.39 but higher than the company’s historical median price-earnings ratio. This suggests that the stock may be undervalued compared to its peers, but overvalued based on its own historical performance. The insider’s recent sell-off has raised some eyebrows among market watchers, given the company’s current valuation. As of Keenan’s recent transaction, shares of Blackstone Mortgage Trust Inc were trading at $23.21, giving the company a market cap of $3.914 billion.

A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. One share of BXMT stock can currently be purchased for approximately $22.74. Blackstone Mortgage Trust’s stock is owned by a number of institutional and retail investors. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

Director of Blackstone Mortgage Trust Purchased $114K In Stock

The consensus among Wall Street equities research analysts is that investors should “hold” BXMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BXMT, but not buy additional shares or sell existing shares. Katharine Keenan is a key figure at Blackstone Mortgage Trust Inc, a real estate finance company that primarily originates and purchases senior mortgage loans https://1investing.in/ collateralized by properties in the U.S. and Europe. The company is designed to provide real estate investors with a straightforward way to access institutional-quality commercial real estate loans. Keenan’s role as CEO & President places her in a position of significant influence over the company’s strategic direction and operational execution. 4 brokers have issued 1-year price targets for Blackstone Mortgage Trust’s stock.

bxmt stock price

Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

Company Ownership

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Blackstone Mortgage Trust saw a decline in short interest in the month of August. As of August 15th, there was short interest totaling 20,830,000 shares, a decline of 9.4% from the July 31st total of 22,980,000 shares. Based on an average daily volume of 2,240,000 shares, the short-interest ratio is currently 9.3 days.

Blackstone Mortgage Trust, Inc. was incorporated in 1998 and is headquartered in New York, New York. When assessing mortgage real estate investment trusts (REITs), one factor to consider is the stock price should never trade at a premium to the book value more than its dividend yield. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

The insider’s decision to sell shares at this point could be seen as a bearish signal, especially considering the overall trend of insider transactions at Blackstone Mortgage Trust Inc. Over the past year, there have been 3 insider buys and 20 insider sells, suggesting a net selling trend among the company’s insiders. Blackstone Mortgage Trust announced a quarterly dividend on Thursday, June 15th. Investors of record on Friday, June 30th will be paid a dividend of $0.62 per share on Friday, July 14th.

bxmt stock price

Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of BXMT’s
competitive advantage. Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising. Sign-up to receive the latest news and ratings for Blackstone Mortgage Trust and its competitors with MarketBeat’s FREE daily newsletter. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company’s asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties.

This represents a $2.48 dividend on an annualized basis and a yield of 10.91%. Investors should also consider the company’s financial performance, industry trends, and broader market conditions. As always, a balanced and well-researched approach is key to successful investing. However, it’s important cirrus vision jet price in india to note that insider transactions can be influenced by a variety of factors, including personal financial needs and tax planning strategies. Therefore, while the insider’s recent sell-off is worth noting, it should not be the sole factor considered when making investment decisions.

  • The monthly returns are then compounded to arrive at the annual return.
  • Therefore, while the insider’s recent sell-off is worth noting, it should not be the sole factor considered when making investment decisions.
  • Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising.
  • Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia.

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Compare
BXMT’s historical performance
against its industry peers and the overall market. BXMT’s beta can be found in Trading Information at the top of this page.

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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