Blackstone Mortgage Trust

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.

Earnings data Q2 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Banco de Chile

OneMain Hld

Starwood Property

Bancolombia

Ecopetrol

Sociedad Quimica Y Minera De Chile

Many investors rely on the stock market to provide strong income streams. Particularly for conservative investors and retirees, dividend stocks are an integral part of meeting financial goals.

7 Dividend Stocks Yielding 10% (or More!)

Arbor Realty Trust

AFC Gamma

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Great Ajax

Great Ajax Corp. 7.25 % Convertible Notes 2017-30.04.24 Global

American Homes 4 Rent

American Tower

Alexandria Real Estate Equities

AvalonBay Communities

Alpine Global Premier Properties Fund

Cambria Global Real Estate ETF

Broadmark Realty Capital Inc.

Crown Castle International

Cherry Hill Mortgage

CubeSmart

iPath Bloomberg Commodity Index Total Return ETN

Digital Realty Trust

Ellington Residential Mortgage REIT

Ellington Financial

U.S. equity markets finished lower for a second-straight week as data showing an encouraging cooldown of inflationary pressures was offset by ongoing regional bank instability and an unresolved debt ceiling standoff. Declining for a second week after ending April at its highest levels of the year, the S&P 500 slipped 0.3% on the week, but the tech-heavy Nasdaq 100 gained nearly 1%.

Inflation Cools, But Nobody Believes It

In Q1 2023 operations have remained on track, the dividend remains covered and the company continues to collect. At the same time the company trades at a 35% discount to book value and trades at a 14% dividend yield.

Blackstone Mortgage Trust: Total Write-Down Of 9.8% Of Loans Priced In

BXMT is a mortgage REIT with 40% of their loans backed by office properties. That's why it has been punished by the market and yields almost 15%.

Blackstone Mortgage Trust: Market Is Pricing In Defaults That Look Too High

Angel Oak Mortgage

Apollo Commercial Real Estate Finance

Bed Bath & Beyond Inc

JPMorgan BetaBuilders MSCI US REIT ETF

Brixmor Property Group

Blackstone Group

Boston Properties

City Office REIT

Cousins Properties

Diversified Healthcare Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Dynex Capital

Empire State Realty Trust

Farmland Partners

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Highwoods Properties

Hudson Pacific Properties

iShares Cohen & Steers REIT ETF

After covering the Winners of REIT Earnings Season earlier this week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports within these lagging property sectors, the losers of REIT earnings season included: Office, Mortgage, Land & Agriculture, Retail, and Non-Traded REITs.

Losers Of REIT Earnings Season

Community Healthcare Trust

EastGroup Properties

Equity LifeStyle Properties

EPR Properties

Essential Properties Realty Trust Inc

Equity Residential

Essex Property Trust

We're now at the halfway point of real estate earnings season with roughly 60 equity REITs and 14 mortgage REITs representing 50% of the total market capitalization having reported first-quarter. Results thus far have been better than the prevailing narrative would suggest. Of the 49 REITs that provide guidance, 23 (47%) raised their full-year earnings outlook while 5 (10%) lowered.

REIT Earnings Halftime Report

Camden Property

Summit Hotel Properties

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Kimco Realty

KKR Real Estate Finance Trust

Ladder Capital

Mid-America Apartment Communities

U.S. equity markets extended their rebound this week as a strong slate of earnings reports clashed with renewed concerns over financial instability and economic data that provided fodder for both bulls and bears. Closing at its highest levels since early February, the S&P 500 advanced 0.9%, but gains were skewed towards larger companies. The Mid-Cap 400 slipped 0.3%, and the Small-Cap 600 declined 1.0%.

Tale Of 2 Cities

I've been burned quite a few times in my life with high-yielding stocks, and I'm sure at some point I'll do it again. As I pointed out in a recent article, most “mortgage REITs do not belong in a retirement portfolio”.

3 Double-Digit Yielding REITs I'm Buying

Blackstone Mortgage Trust, Inc. (BXMT) Q1 2023 Earnings Call Transcript.

Blackstone Mortgage Trust, Inc. (BXMT) Q1 2023 Earnings Call Transcript

Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.62 per share a year ago.

Blackstone Mortgage Trust (BXMT) Q1 Earnings and Revenues Beat Estimates

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its first quarter 2023 results. Net income attributable to Blackstone Mortgage Trust for the first quarter was $118 million. First quarter EPS, Distributable EPS, and dividends paid per basic share were $0.68, $0.79, and $0.62 respectively. Katie Keenan, Chief Executive Officer, said, “The strong earnings power and credit performance of BXMT's senior, floating rate loan portfolio continued to drive dividend co.

Blackstone Mortgage Trust Reports First Quarter 2023 Results

Bed Bath & Beyond

iShares CMBS ETF

Equinix

Invesco S&P 500 Equal Weight Real Estate ETF

Extra Space Storage

REIT Earnings Preview: When The Tide Goes Out.

REIT Earnings Preview: When The Tide Goes Out

Brookfield Asset Management

Brandywine Realty

BrightSpire Capital

D.R. Horton

Franklin BSP Realty Trust Inc

First Industrial Realty Trust

Gaming and Leisure Properties

Housing Recession Is Over

Arlington Asset Investment

Ares Commercial Real Estate

ARMOUR Residential REIT

Claros Mortgage Trust

Hannon Armstrong Sustainable Infrastructure Capital

Invesco Mortgage Capital

Lument Finance Trust

Manhattan Bridge

MFA Financial

AG Mortgage Investment Trust

Mortgage REITs Ranked By Quality (And Some Words Of Caution)

I like to occasionally mix things up and provide readers with some income accelerators. In this article, I will be highlighting four mREITs on our shopping list.

Variety Is The Spice Of Life, Why Not Add An mREIT Slice?

The real estate market is in a relatively volatile environment but has shown to be quite resilient. BXMT has a long history of strong financial performance and high dividend distribution, with the added benefit of having the largest alternative investment asset manager to back them up.

Blackstone Mortgage: High Dividends, Low Price And Solid Collateral Provide Good Investment Opportunity

Innovative Industrial Properties

Medical Properties Trust

I currently have 50% of my portfolio invested in REITs and private real estate. That's because I have rare personal expertise (35 years of experience in real estate investing).

Don't Put All Of Your Eggs In One Basket

The market often hyperventilates on things that don't matter. The commercial real estate story is unfortunately not exaggerated and the stresses are very real.

Blackstone Mortgage: 14% Yield, But Why Mess With The Equity

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its first quarter 2023 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, April 26, 2023. The Company will also host a conference call the same day at 9:00 a.m. ET to review results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.

Blackstone Mortgage Trust Announces First Quarter 2023 Earnings Release and Conference Call

Blackstone's commercial mREIT BXMT has seen it's stock price drive off a cliff recently. Concerns regarding the company's office exposure (~40%) have many selling the stock.

Blackstone Mortgage Trust: Office Doom Hangs Like The Sword Of Damocles

VanEck Mortgage REIT Income ETF

Annaly Capital

iSh SP US PrfSt Shs

Ready Capital Corp

Rithm Capital Corp

Vanguard Real Estate ETF

Big discounts to book value are delivering large dividend yields. The plunge in the market since early February created far more opportunities.

12% To 16% Dividend Yields At 17% To 64% Below Book Value

Prologis

Public Storage

If you are looking to tap into a new source of funds for retirement then reading. Real Estate Investment Trusts (REITs) are popular for people like you to build a reliable passive income stream.

REITs to Buy Now for Passive Income

Centerspace REIT

U.S. equity markets oscillated forcefully while interest rates plunged this week as contagion from a pair of mid-sized bank collapses spread to other lenders while authorities scrambled to contain the fallout. On brand with the "March Madness" theme this week, the S&P 500 seesawed between gains and losses in each session but ultimately ended the week higher by 1.1%.

Fed Fights 'Ghost Of Inflation Past'

ACRES Commercial Realty Corp.

Chimera Investment

Mortgage REITs have been slammed by the fallout of the ongoing regional banking crisis amid a resurgence of interest rate volatility and credit concerns, erasing their once-robust gains for 2023. Commercial mREITs' exposure to the troubled office sector has come into focus following a wave of mega-sized loan defaults from over-levered private owners. We examine these REITs' sector-by-sector exposure.

Mortgage REITs: High Yield Opportunity And Risk

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the first quarter of 2023. This dividend is payable on April 14, 2023 to stockholders of record as of the close of business on March 31, 2023.

Blackstone Mortgage Trust Declares $0.62 Per Share Dividend

News for Blackstone Mortgage Trust Stock (BXMT)