Market Summary
USD22.25-0.85
Market Closed-3.68%
BXMT Alerts
BXMT Stock Price
BXMT RSI Chart
BXMT Valuation
BXMT Price/Sales (Trailing)
BXMT Profitability
BXMT Fundamentals
BXMT Revenue
BXMT Earnings
Price Action
52 Week Range
16.6127.82
(Low)(High)
Last 7 days
1.6%
Last 30 days
11.4%
Last 90 days
17.3%
Trailing 12 Months
-18.1%
BXMT Financial Health
BXMT Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for BXMT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-11 | Marone Anthony F. JR | sold | -11,273 | 23.245 | -485 | chief financial officer |
2023-09-11 | Keenan Katharine A | sold | -52,791 | 23.205 | -2,275 | ceo & president |
2023-09-06 | Marone Anthony F. JR | sold | -9,120 | 22.745 | -401 | chief financial officer |
2023-09-06 | Keenan Katharine A | sold | -26,389 | 22.7495 | -1,160 | ceo & president |
2023-08-30 | Keenan Katharine A | sold | -49,982 | 21.98 | -2,274 | ceo & president |
2023-08-30 | Marone Anthony F. JR | sold | -11,152 | 22.04 | -506 | chief financial officer |
2023-07-17 | NASSAU HENRY N | acquired | 49,769 | 22.1 | 2,252 | - |
2023-07-17 | DOBROWSKI THOMAS E | acquired | 57,062 | 22.1 | 2,582 | - |
2023-07-17 | SAGALYN LYNNE B | acquired | 64,421 | 22.1 | 2,915 | - |
2023-07-14 | Cotton Leonard W | acquired | 29,945 | 22.1 | 1,355 | - |
Which funds bought or sold BXMT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 12.00 | 2,729 | 11,654 | -% |
2023-08-28 | DT Investment Partners, LLC | new | - | 40,860 | 40,860 | -% |
2023-08-24 | Adalta Capital Management LLC | added | - | 228,000 | 1,653,000 | 1.10% |
2023-08-23 | WOLVERINE TRADING, LLC | new | - | 1,275,630 | 1,275,630 | -% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.59 | 500,525 | 4,190,780 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -5.93 | 442,993 | 4,574,490 | 0.01% |
2023-08-17 | STANSBERRY ASSET MANAGEMENT, LLC | reduced | -1.11 | 1,829,000 | 13,791,300 | 2.52% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 28,718 | 28,718 | 0.01% |
2023-08-16 | RESOURCES MANAGEMENT CORP /CT/ /ADV | reduced | -88.35 | -13,390,000 | 213,000 | 0.03% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
BXMT Alerts
Schedule 13G FIlings of Blackstone Mortgage Trust
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 9.31% | 15,914,131 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 8.7% | 14,952,402 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 8.80% | 14,732,504 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 9.4% | 15,807,887 | SC 13G/A | |
| Jun 17, 2021 | blackstone holdings iii l.p. | 1.8% | 2,624,517 | SC 13D/A | |
| Feb 10, 2021 | vanguard group inc | 8.41% | 12,302,513 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 8.8% | 12,903,962 | SC 13G/A | |
| Feb 10, 2020 | blackrock inc. | 8.5% | 11,368,659 | SC 13G/A | |
| Jan 09, 2020 | vanguard group inc | 10.05% | 13,506,114 | SC 13G/A | |
| Nov 27, 2019 | blackstone holdings iii l.p. | 0.0% | 0 | SC 13D/A |
Recent SEC filings of Blackstone Mortgage Trust
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 12, 2023 | 4 | Insider Trading | |
| Sep 12, 2023 | 4 | Insider Trading | |
| Sep 11, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 11, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 30, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 30, 2023 | 144 | Notice of Insider Sale Intent |
Peers (Alternatives to Blackstone Mortgage Trust)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AXP | 113.9B | 45.6B | -2.27% | 2.83% | 15.3 | 2.49 | 15.43% | -2.20% |
GS | 109.2B | 50.2B | 4.55% | 5.59% | 12.35 | 2.18 | 62.27% | -45.33% |
SCHW | 103.1B | 20.8B | -4.60% | -22.07% | 14.98 | 4.97 | 9.06% | 9.27% |
BLK | 99.9B | 17.4B | 1.77% | 11.39% | 19.26 | 5.76 | -10.46% | -11.12% |
| MID-CAP | ||||||||
NLY | 10.1B | 3.2B | 7.54% | -11.58% | -5.51 | 3.15 | 50.53% | -148.14% |
STWD | 6.5B | 1.9B | 6.79% | -9.35% | 11.69 | 3.51 | 52.80% | -26.62% |
AGNC | 6.1B | 1.5B | 6.31% | -7.05% | 203.31 | 3.99 | 7.23% | 103.33% |
BXMT | 4.0B | 1.8B | 11.43% | -18.13% | 14.43 | 2.17 | 85.45% | -31.23% |
NRZ | 3.7B | 3.5B | - | - | 9.73 | 0.99 | -31.43% | -31.90% |
HASI | 2.6B | 261.9M | 22.95% | -31.03% | 48.97 | 9.76 | 16.99% | -39.64% |
NYMT | 772.0M | 246.5M | 1.69% | -8.19% | -4.86 | 3.13 | 6.65% | -174.04% |
| SMALL-CAP | ||||||||
PMT | 1.1B | 662.5M | 2.38% | -8.73% | 10.99 | 1.69 | -20.69% | 171.40% |
MFA | 1.0B | 543.3M | 3.23% | 4.33% | -706.11 | 1.89 | 31.74% | 78.13% |
BRMK | 635.0M | 103.7M | -1.83% | -30.88% | -4.89 | 6.12 | -14.84% | -262.02% |
IVR | 449.4M | 248.5M | 2.21% | -23.51% | -11.4 | 1.81 | 44.75% | 88.57% |
Blackstone Mortgage Trust News
Returns for BXMT
Cumulative Returns on BXMT
6.4%
10-Year Cumulative Returns
3.8%
7-Year Cumulative Returns
-0.8%
5-Year Cumulative Returns
6.0%
3-Year Cumulative Returns
Risks for BXMT
What is the probability of a big loss on BXMT?
40.8%
Probability that Blackstone Mortgage Trust stock will be more than 20% underwater in next one year
34.6%
Probability that Blackstone Mortgage Trust stock will be more than 30% underwater in next one year.
28.5%
Probability that Blackstone Mortgage Trust stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does BXMT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Blackstone Mortgage Trust was unfortunately bought at previous high price.
Drawdowns
Financials for Blackstone Mortgage Trust
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 14.9% | 1,834 | 1,596 | 1,339 | 1,147 | 989 | 902 | 855 | 773 | 767 | 762 | 780 | 811 | 831 | 863 | 883 | 868 | 857 | 825 | 756 | 696 | 639 |
| S&GA Expenses | 1.2% | 53.00 | 53.00 | 52.00 | 49.00 | 47.00 | 45.00 | 43.00 | 44.00 | 44.00 | 45.00 | 46.00 | 44.00 | 43.00 | 41.00 | 39.00 | 39.00 | 37.00 | 36.00 | 36.00 | 34.00 | 33.00 |
| EBITDA | -100.0% | - | 943 | 882 | 1,036 | 977 | 981 | 937 | 832 | 836 | 715 | 573 | 568 | 539 | 596 | 731 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.59* | 0.66* | 0.90* | 0.99* | 1.09* | 1.10* | 1.08* | 1.09* | 0.94* | 0.73* | 0.70* | 0.65* | 0.69* | 0.83* | - | - | - | - | - | - |
| Interest Expenses | 4.5% | 699 | 669 | 628 | 611 | 572 | 539 | 514 | 450 | 448 | 441 | 432 | 432 | 419 | 419 | 424 | 417 | 420 | 417 | 396 | 375 | 348 |
| Earnings Before Taxes | 3.3% | 283 | 274 | 254 | 425 | 404 | 442 | 423 | 382 | 389 | 275 | 141 | 136 | 120 | 177 | 307 | 301 | 305 | 302 | 286 | 270 | 250 |
| EBT Margin | -100.0% | - | 0.17* | 0.19* | 0.37* | 0.41* | 0.49* | 0.49* | 0.49* | 0.51* | 0.36* | 0.18* | 0.17* | 0.14* | 0.20* | 0.35* | - | - | - | - | - | - |
| Net Income | 3.1% | 276 | 268 | 249 | 421 | 401 | 440 | 419 | 380 | 386 | 273 | 139 | 134 | 119 | 176 | 306 | 300 | 304 | 301 | 285 | 269 | 249 |
| Net Income Margin | -100.0% | - | 0.17* | 0.19* | 0.37* | 0.41* | 0.49* | 0.49* | 0.49* | 0.50* | 0.36* | 0.18* | 0.16* | 0.14* | 0.20* | 0.35* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 417 | 397 | 394 | 401 | 390 | 382 | 330 | 326 | 351 | 337 | 337 | 323 | 295 | 304 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -2.1% | 24,863 | 25,386 | 25,354 | 24,799 | 25,443 | 24,069 | 22,703 | 20,706 | 17,902 | 17,355 | 16,959 | 16,877 | 17,663 | 16,758 | 16,552 | 15,082 | 14,565 | 14,796 | 14,467 | 12,419 | 12,382 |
| Cash Equivalents | -6.4% | 483 | 516 | 291 | 272 | 284 | 309 | 551 | 211 | 290 | 280 | 290 | 427 | 1,260 | 355 | 150 | 84.00 | 81.00 | 79.00 | 106 | 87.00 | 107 |
| Liabilities | -2.5% | 20,296 | 20,825 | 20,810 | 20,115 | 20,780 | 19,399 | 18,085 | 16,435 | 13,945 | 13,451 | 13,055 | 12,973 | 13,767 | 13,084 | 12,767 | 11,322 | 10,789 | 11,345 | 11,093 | 9,111 | 9,354 |
| Shareholder's Equity | -0.4% | 4,541 | 4,561 | 4,519 | 4,658 | 4,663 | 4,670 | 4,619 | 4,271 | 3,957 | 3,904 | 3,904 | 3,904 | 3,896 | 3,674 | 3,785 | 3,761 | 3,776 | 3,452 | 3,375 | 3,308 | 3,029 |
| Retained Earnings | -0.6% | -963 | -958 | -968 | -814 | -811 | -798 | -794 | -814 | -800 | -840 | -829 | -821 | -820 | -747 | -592 | -587 | -579 | -570 | -569 | -566 | -570 |
| Additional Paid-In Capital | 0.1% | 5,492 | 5,484 | 5,476 | 5,467 | 5,440 | 5,432 | 5,373 | 5,039 | 4,719 | 4,711 | 4,703 | 4,694 | 4,685 | 4,379 | 4,370 | 4,362 | 4,355 | 4,040 | 3,967 | 3,899 | 3,625 |
| Shares Outstanding | 0.0% | 172 | 172 | 172 | 171 | 171 | 169 | 168 | 149 | 147 | 147 | 147 | 146 | 137 | 136 | 135 | 128 | 125 | 124 | 114 | 111 | 109 |
| Minority Interest | 0.2% | 26.00 | 25.00 | 25.00 | 26.00 | 25.00 | 27.00 | 31.00 | 34.00 | 26.00 | 21.00 | 18.00 | 21.00 | 21.00 | 24.00 | 22.00 | 18.00 | 29.00 | 12.00 | 10.00 | 7.00 | 5.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 8.3% | 451 | 417 | 397 | 394 | 401 | 390 | 382 | 330 | 326 | 351 | 337 | 337 | 323 | 295 | 304 | 296 | 312 | 295 | 290 | 274 | 252 |
| Share Based Compensation | -2.3% | 32.00 | 32.00 | 33.00 | 33.00 | 33.00 | 32.00 | 32.00 | 33.00 | 33.00 | 34.00 | 35.00 | 33.00 | 32.00 | 32.00 | 31.00 | 31.00 | 30.00 | 29.00 | 28.00 | 27.00 | 26.00 |
| Cashflow From Investing | 163.2% | 890 | -1,408 | -3,253 | -4,901 | -8,106 | -6,792 | -5,627 | -3,908 | -778 | -362 | -88.25 | -1,308 | -2,015 | -1,786 | -1,871 | -2,708 | -2,187 | -3,617 | -4,251 | -2,672 | -2,588 |
| Cashflow From Financing | -195.2% | -1,145 | 1,203 | 2,607 | 4,563 | 7,666 | 6,437 | 5,508 | 3,385 | -474 | -68.15 | -110 | 1,314 | 2,874 | 1,772 | 1,613 | 2,412 | 1,849 | 3,330 | 3,958 | 2,383 | 2,367 |
| Dividend Payments | 0.3% | 425 | 424 | 421 | 413 | 398 | 384 | 371 | 364 | 363 | 356 | 349 | 342 | 334 | 328 | 321 | 312 | 298 | 287 | 277 | 262 | 252 |
BXMT Income Statement
2023-06-30Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income from loans and other investments | ||||
| Interest and related income | $ 521,892 | $ 283,687 | $ 1,013,276 | $ 518,119 |
| Less: Interest and related expenses | 344,549 | 136,619 | 661,746 | 237,333 |
| Income from loans and other investments, net | 177,343 | 147,068 | 351,530 | 280,786 |
| Other expenses | ||||
| Management and incentive fees | 32,815 | 27,065 | 63,865 | 50,551 |
| General and administrative expenses | 13,022 | 12,409 | 25,887 | 24,769 |
| Total other expenses | 45,837 | 39,474 | 89,752 | 75,320 |
| Increase in current expected credit loss reserve | (27,807) | (12,983) | (37,630) | (10,446) |
| Income before income taxes | 103,699 | 94,611 | 224,148 | 195,020 |
| Income tax provision | 1,202 | 746 | 3,095 | 892 |
| Net income | 102,497 | 93,865 | 221,053 | 194,128 |
| Net income attributable to non-controlling interests | (846) | (615) | (1,645) | (1,191) |
| Net income attributable to Blackstone Mortgage Trust, Inc. | $ 101,651 | $ 93,250 | $ 219,408 | $ 192,937 |
| Net income per share of common stock | ||||
| Basic (in dollars per share) | $ 0.59 | $ 0.55 | $ 1.27 | $ 1.14 |
| Diluted (in dollars per share) | $ 0.58 | $ 0.54 | $ 1.25 | $ 1.12 |
| Weighted-average shares of common stock outstanding | ||||
| Basic (in shares) | 172,615,385 | 170,665,601 | 172,606,914 | 169,963,730 |
| Diluted (in shares) | 180,886,445 | 185,009,805 | 180,877,974 | 180,332,341 |
BXMT Balance Sheet
2023-06-30Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $ 482,856 | $ 291,340 |
| Loans receivable | 24,482,749 | 25,017,880 |
| Current expected credit loss reserve | (363,875) | (326,137) |
| Loans receivable, net | 24,118,874 | 24,691,743 |
| Other assets | 260,906 | 370,902 |
| Total Assets | 24,862,636 | 25,353,985 |
| Liabilities and Equity | ||
| Secured debt, net | 13,431,039 | 13,528,164 |
| Securitized debt obligations, net | 2,666,414 | 2,664,010 |
| Asset-specific debt, net | 870,147 | 942,503 |
| Loan participations sold, net | 235,857 | 224,232 |
| Term loans, net | 2,108,015 | 2,114,549 |
| Senior secured notes, net | 395,760 | 395,166 |
| Convertible notes, net | 295,208 | 514,257 |
| Other liabilities | 294,007 | 426,904 |
| Total Liabilities | 20,296,447 | 20,809,785 |
| Commitments and contingencies | 0 | 0 |
| Equity | ||
| Class A common stock, $0.01 par value, 400,000,000 shares authorized, 172,310,062 and 171,695,985 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively | 1,723 | 1,717 |
| Additional paid-in capital | 5,491,640 | 5,475,804 |
| Accumulated other comprehensive income | 10,740 | 10,022 |
| Accumulated deficit | (963,441) | (968,749) |
| Total Blackstone Mortgage Trust, Inc. stockholders’ equity | 4,540,662 | 4,518,794 |
| Non-controlling interests | 25,527 | 25,406 |
| Total Equity | 4,566,189 | 4,544,200 |
| Total Liabilities and Equity | $ 24,862,636 | $ 25,353,985 |
Katharine A. Keenan
0Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was founded in 1997 and is headquartered in New York, New York.