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 Q1 2021

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Earnings data Q1 2022

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Earnings data Q2 2023

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Earnings data Q4 2023

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Earnings data Q3 2024

Earnings data Q4 2024

Blackstone Mortgage Trust reports robust Q1 performance amidst market challenges

Blackstone Mortgage Trust (BXMT) delivered strong Q1 performance with distributable earnings growth, stable credit performance, and effective risk management strategies.
The company's focus on liquidity, diverse portfolio composition, and proactive measures position it well to navigate market challenges and capitalize on growth opportunities.
Challenges include recent downgrades in office loans, market valuation discrepancies, and the impact of risk-off sentiment on trading performance, requiring strategic responses.
Opportunities lie in investment avenues, loan discussions, and leveraging market strengths to enhance shareholder value and drive portfolio performance.

BXMT reports robust Q2 performance, retains distributable earnings

BXMT delivered strong financial performance, showcasing robust balance sheet resiliency and effective portfolio management. The company's distributable earnings covered the dividend by 127%, and liquidity grew to a record $1.8 billion. Despite challenges such as incremental CECL reserve and credit migration, BXMT remains well-positioned to capitalize on potential growth opportunities.

Blackstone Mortgage Trust reports stable Q3 performance amidst sector challenges

Blackstone Mortgage Trust (BXMT) navigated Q3 with stable performance, focusing on maintaining a strong balance sheet and managing challenging credits. Despite challenges in certain sectors, the company remains well-positioned with strong liquidity and proactive asset management efforts. Opportunities lie in new investments, particularly in credit opportunities, and maximizing recovery for risk-rated loans.

Blackstone Mortgage Trust (BXMT) reports strong Q4 earnings and resilience in challenging market

Blackstone Mortgage Trust (BXMT) delivered strong financial performance in Q4 2023, with record interest income and distributable earnings. The company's strategic asset management approach and focus on enhancing credit positions have positioned it well for the future. Despite challenges in the office market, BXMT remains resilient and focused on maximizing shareholder returns.

Blackstone Mortgage Trust (BXMT) reports Q1 resilience amidst credit challenges

BXMT navigated Q1 2024 with resilience, focusing on portfolio performance and strategic resolutions. Despite challenges in the credit cycle and office values, the company remains committed to core lending. Opportunities for growth and optimization exist through portfolio turnover and selective lending strategies.

Blackstone Mortgage Trust reports Q2 loss, eyes growth opportunities

Blackstone Mortgage Trust (BXMT) faced challenges with portfolio resolutions impacting earnings but maintained a strong performing portfolio.
The company's strategic initiatives, including a stock repurchase program and partnership with M&T Realty Capital, position it for growth.
With a focus on resolving nonperforming assets and addressing credit issues, BXMT is poised to navigate market cycles and capture opportunities.

Blackstone Mortgage Trust reports mixed Q3 performance, eyes growth opportunities

Blackstone Mortgage Trust (BXMT) reported a mixed performance in Q3 2024, with a GAAP net loss but strong distributable earnings and dividend. The company showcased resilience amidst market challenges, focusing on resolutions for impaired assets and new investment opportunities.
BXMT's strengths lie in its financial stability, competitive edge in sourcing pipeline, and ability to capitalize on market conditions. Addressing challenges such as nonperforming loans and sustaining growth will be key for the company's future success.
Opportunities for BXMT include deploying capital into new investments, enhancing portfolio performance through asset resolutions, and leveraging its strong market position. By navigating challenges effectively and seizing growth opportunities, BXMT can drive sustained performance and value creation.

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Blackstone Mortgage Trust, Inc. is a real estate finance company, which engages in originating senior loans collateralized by commercial real estate. The company was founded by Samuel Zell, John R. Klopp, and Craig M. Hatkoff in July 1997 and is headquartered in New York, NY.

Investments in floating rate assets produce income upside for the trust. Blackstone Mortgage Trust saw strong demand for new originations in 1Q-22.

Blackstone Mortgage: Strong 8.0% Yield And An Inflation Hedge

Blackstone Mortgage Trust, Inc. (NYSE:BXMT ) Q1 2022 Earnings Conference Call April 27, 2022 9:00 AM ET Company Participants Weston Tucker - Head of Shareholder Relations Katie Keenan - Chief Executive Officer Tony Marone - Chief Financial Officer Doug Armer - Executive Vice President, Capital Markets Conference Call Participants Don Fandetti - Wells Fargo Steve DeLaney - JPM Securities Jade Rahmani - KBW Rick Shane - JPMorgan Derek Hewett - Bank of America Doug Harter - Credit Suisse Operator Welcome, everyone, to the Blackstone Mortgage Trust First Quarter 2022 Investor Call. At this point, all participant lines are in listen-only mode.

Blackstone Mortgage Trust, Inc. (BXMT) CEO Katie Keenan on Q1 2022 Results - Earnings Call Transcript

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of -1.59% and 1.15%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Blackstone Mortgage Trust (BXMT) Misses Q1 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its first quarter 2022 results. Net income attributable to Blackstone Mortgage Trust for the first quarter was $99.7 million. First quarter EPS, Distributable EPS, and dividends paid per basic share were $0.59, $0.62, and $0.62 respectively. Katie Keenan, Chief Executive Officer, said, “BXMT achieved another quarter of strong results, driven by continued portfolio growth and stable credit performance. Looking

Blackstone Mortgage Trust Reports First Quarter 2022 Results

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.

Blackstone Mortgage Trust (BXMT) Reports Next Week: Wall Street Expects Earnings Growth

BXMT is different from many other mortgage REITs in that most of its assets are variable interest rate loans and securities. As inflation increases forcing the raising of interest rates by the Fed, BXMT's earnings should increase given its net positive floating rate exposure, especially in USD.

Blackstone Mortgage Trust: How To Benefit From Rising Interest Rates Thanks To Its Floating Rate Portfolio

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its first quarter 2022 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, April 27, 2022. 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.jsp?ei=1541149&tp_key=208517a239 For tho

Blackstone Mortgage Trust Announces First Quarter 2022 Earnings Release and Conference Call

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Our sector has been wild lately. The volatility means more developments we need to cover. I've got some catching up to do. If you like shares with high dividend yields and inefficient markets, you're going to enjoy these opportunities. These yields are pretty good today, but dividend rates could increase materially in a few years.

3 Picks For 7.2% To 9.3% Dividend Yields

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced the pricing of an underwritten public offering of $300 million aggregate principal amount of its 5.50% convertible senior notes due 2027 (the “Notes”). The offering is expected to close on March 29, 2022 and is subject to customary closing conditions. The offering will generate gross proceeds of approximately $300 million, or $345 million if the underwriters exercise their option to purchase

Blackstone Mortgage Trust Announces Pricing of Public Offering of Convertible Senior Notes

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced it has commenced an underwritten public offering of $300 million aggregate principal amount of convertible senior notes due 2027 (the “Notes”). The underwriters will be granted a 30-day option by the Company to purchase up to an additional $45 million aggregate principal amount of the Notes solely to cover over-allotments. The Company intends to use the net proceeds from the offering for gene

Blackstone Mortgage Trust Announces Public Offering of Convertible Senior Notes

Blackstone Mortgage Trust, Inc. (BXMT) CEO Katie Keenan Presents at Citi's 26th Annual Global Property CEO Conference 2022 (Transcript)

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust (NYSE:BXMT) announced today that Katie Keenan, Chief Executive Officer, is scheduled to present at the Citi Global Property Conference 2022 on Tuesday, March 8, 2022 at 11:15am ET. A live webcast of the presentation will be available on the Shareholders section of Blackstone's website at http://ir.blackstone.com. For those unable to listen to the live webcast, a replay will be available on Blackstone's website shortly after the event. About B

Blackstone Mortgage Trust to Present at the Citi Global Property Conference 2022

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Mortgage REITs sport incredibly high dividend yields, but how vulnerable are those yields to rising interest rates?

Will Higher Interest Rates Mean Lower Dividends for These 3 Mortgage REITs?

Blackstone Mortgage Trust Inc. (BXMT) CEO Katharine Keenan on Q4 2021 Results - Earnings Call Transcript

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of 25.81% and 39.49%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Blackstone Mortgage Trust (BXMT) Q4 Earnings and Revenues Top Estimates

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2021 results. Full year EPS, Distributable EPS, and dividends paid per share were $2.77, $2.62, and $2.48, respectively. Katie Keenan, Chief Executive Officer, said, “BXMT's outstanding results in the fourth quarter capped off a banner year, highlighted by record originations, strong credit performance and attractive capital markets access. As a low-leverage, floating rate lend

Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2021 Results

Blackstone Mortgage Trust (BXMT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2021 class A common stock dividends. The following table summarizes Blackstone Mortgage Trust's class A common stock dividend payments for the tax year ended December 31, 2021: Record     Payment Cash Ordinary Qualified Capital Gain Date     Date Distribution Adjustment Dividend (1) Dividends (2) Dividends Dividends         12/31/2020     1/15/2021 $ 0.00     $ 0.42     $ 0.42(3)

Blackstone Mortgage Trust Announces Tax Treatment of 2021 Dividends

CTO Realty Growth

Blackstone Mortgage Trust and CTO Realty Growth both pay out nicely from very different business models.

Love Dividends? Buy These 2 REITs

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its fourth quarter and full year 2021 earnings presentation on its website at www.bxmt.com and file its Form 10-K pre-market on Wednesday, February 9, 2022. 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.jsp?ei=1520363&tp_key=6

Blackstone Mortgage Trust Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

Blackstone Mortgage Trust is a commercial mortgage REIT with a $22 billion portfolio of senior loans secured by high quality real estate.

Blackstone Mortgage Trust: A Strong mREIT From A Top Shelf Asset Manager

Not all high-dividend stocks are good investments, but this one looks interesting.

This Stock Yields Over 8% and Could Be Worth a Look

BXMT is executing an aggressive growth strategy using leverage and new equity offerings. The benefits of higher revenue are offset by higher interest expense, dilution, and base management fees.

Blackstone Mortgage Trust: Top REIT Pick For 2022

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News for Blackstone Mortgage Trust Stock (BXMT)