Blackstone Mortgage Trust, Inc. Class A Aktie News

Blackstone Mortgage Trust, Inc. (BXMT) Q1 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $124 million. First quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.71), $0.33, $0.65, and $0.62, respectively. Katie Keenan, Chief Exe...

U.S. equity markets posted their worst week in a year while benchmark interest rates surged to five-month highs as investors monitored an intensification of geopolitical tensions and hawkish Fed commentary. Inflamed by resurgent energy prices and insatiable Federal government spending, Fed Chair Powell and other officials acknowledged a stalling-out of inflation progress in recent months and de...

Blackstone Mortgage Trust, Inc.'s asset base is geographically and sector-diversified, but we believe negative duration and convexity effects could emerge later this year. Although short-term U.S. inflation remains resilient, the long-term trend suggests yields will eventually drop in late 2024. Moreover, BXMT's other operating regions face the same problems. 'Tied-up' capital could be an issue...

Blackstone Mortgage Trust is one of the largest mortgage REITs in the world, with a diverse portfolio of commercial loans across asset classes. BXMT is trading at a discount to book value, offering value for optimistic shareholders who believe the commercial real estate sector will improve. In 2023, BXMT's dividend coverage was 123%, providing ample protection from ongoing systemic issues inclu...

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its first quarter 2024 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, April 24, 2024. 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...

We're starting with our latest purchase, then moving onto some charts. Our charts help readers track the sector for both common shares and preferred shares. Mortgage REITs and BDCs are included in the charts for comparison based on various metrics such as price-to-book value, dividend yields, and earnings yield.

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 2024. This dividend is payable on April 15, 2024 to stockholders of record as of the close of business on March 28, 2024. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company...