Blackstone Mortgage Trust: 10% Yield For Risk-Seeking Investors [Seeking Alpha]
Blackstone Mortgage Trust, Inc. (BXMT)
Last blackstone mortgage trust, inc. earnings: 4/29 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.blackstonemortgagetrust.com/shareholders/default.aspx
Company Research
Source: Seeking Alpha
Follow Summary Blackstone Mortgage Trust faces ongoing credit quality issues, particularly in its U.S. office segment, leading to under-earned dividends despite a recent 24% cut. The trust's distributable earnings fell short of its reduced dividend, reflecting a strained credit situation and potential for further dividend cuts. Despite these challenges, BXMT trades at a 15% discount to book value, suggesting limited downside risk for risk-seeking investors seeking a 10% yield. For those preferring safer dividends, alternatives like Ladder Capital Corp and Starwood Property Trust offer better portfolio quality and stability. filo Blackstone Mortgage Trust ( NYSE: BXMT continued to suffer from credit quality issues in the third quarter and did not fully earn its dividend with distributable earnings. The mortgage real estate investment trust suffered ongoing loan losses which caused BXMT's This article was written by On the Pulse 12.66K Follower s Follow A fina
Show less
Read more
Impact Snapshot
Event Time:
BXMT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BXMT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BXMT alerts
High impacting Blackstone Mortgage Trust, Inc. news events
Weekly update
A roundup of the hottest topics
BXMT
News
- Blackstone Mortgage Trust Announces Continued Momentum in Credit OutcomesBusiness Wire
- Blackstone Mortgage Trust (BXMT) Tops Q3 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- Blackstone Mortgage Trust Reports Third Quarter 2024 ResultsBusiness Wire
- Blackstone Mortgage Trust Announces Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) had its price target raised by analysts at Wells Fargo & Company from $19.00 to $22.00. They now have an "overweight" rating on the stock.MarketBeat
BXMT
Earnings
- 10/23/24 - Beat
BXMT
Sec Filings
- 10/23/24 - Form 8-K
- 10/23/24 - Form IRANNOTICE
- 10/23/24 - Form 10-Q
- BXMT's page on the SEC website