1.71%
15.44%
8.12%
12.57%
1.61%
-33.59%
-45.19%
AI Spotlight on BXMT
Company Description
Blackstone 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.
Market Data
| Last Price | 20.78 |
| Change Percentage | 1.71% |
| Open | 20.45 |
| Previous Close | 20.43 |
| Market Cap ( Millions) | 3566 |
| Volume | 1403908 |
| Year High | 21.09 |
| Year Low | 16.53 |
| M A 50 | 18.62 |
| M A 200 | 18.37 |
Financial Ratios
| FCF Yield | 10.26% |
| Dividend Yield | 10.49% |
| ROE | -5.18% |
| Debt / Equity | 415.30% |
| Net Debt / EBIDTA | 2360.50% |
| Price To Book | 0.95 |
| Price Earnings Ratio | -17.69 |
| Price To FCF | 9.75 |
| Price To sales | 4.3 |
| EV / EBITDA | 29.07 |
News
- Feb -28 - I'm Buying Up To 9% Yield For Recurring Income
- Feb -23 - Bad Vibes, Positive Results
- Feb -18 - Blackstone Mortgage Trust: I Am Giving Up (Downgrade)
- Feb -16 - Inflation Isn't Dead Yet
- Feb -12 - Blackstone Mortgage Trust (BXMT) Q4 2024 Earnings Call Transcript
- Feb -12 - Blackstone Mortgage Trust (BXMT) Tops Q4 Earnings Estimates
- Feb -11 - Tariff Turmoil? 2 Cheap, High-Yielding Stocks To Help Battle Inflation
- Feb -04 - Blackstone Mortgage Trust Announces Tax Treatment of 2024 Dividends
- Feb -02 - Volatility Is Back
- Jan -26 - Morning In America
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Jan -16 - Blackstone Mortgage: Dividend Yield High But Not Well Positioned For High Interest Rates
- Jan -15 - High Yield REITs Whacked By Higher Rates
- Jan -08 - Blackstone Mortgage Trust Announces Fourth-Quarter and Full-Year 2024 Earnings Release and Conference Call
- Jan -06 - 2 High-Yielding Cash Cows For A Comfortable Retirement
- Dec -27 - Blackstone Mortgage Trust: Pocketed CRE Troubles Are Still Brewing
- Dec -19 - State Of REITs: Recession To Recovery In 2025
- Dec -13 - Blackstone Mortgage Trust Declares $0.47 Per Share Dividend
- Dec -13 - Huge Yields, Brief Notes
- Dec -01 - 'Tis The Season For REIT Dividends
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Commercial Mortgage Loans and Related Investments
Expected Growth : 8.9 %
What the company do ?
Blackstone Mortgage Trust, Inc. offers commercial mortgage loans and related investments, providing financing solutions for commercial properties and real estate projects.
Why we expect these perspectives ?
Strong demand for commercial real estate, increasing property values, and low interest rates drive growth in commercial mortgage loans. Blackstone Mortgage Trust's diversified portfolio, strategic lending, and active asset management also contribute to the 8.9% growth. Additionally, the company's ability to originate and acquire high-quality loans, as well as its strong relationships with borrowers, further support this growth.
Blackstone Mortgage Trust, Inc. Products
| Product Range | What is it ? |
|---|---|
| Senior Loans | Blackstone Mortgage Trust, Inc. offers senior loans to borrowers, providing financing for various commercial real estate properties, including office buildings, apartments, and hotels. |
| Mezzanine Loans | The company offers mezzanine loans, which provide borrowers with additional financing beyond traditional senior loans, often used for property renovations or redevelopments. |
| Preferred Equity | Blackstone Mortgage Trust, Inc. invests in preferred equity, providing capital to borrowers in exchange for a preferred return on investment. |
| Joint Venture Equity | The company participates in joint venture equity investments, partnering with borrowers to co-invest in commercial real estate properties. |
| CMBS (Commercial Mortgage-Backed Securities) | Blackstone Mortgage Trust, Inc. invests in CMBS, which are securities backed by commercial mortgages, providing a diversified portfolio of commercial real estate loans. |
Blackstone Mortgage Trust, Inc.'s Porter Forces
Threat Of Substitutes
Blackstone Mortgage Trust, Inc. operates in a niche market, providing mortgage financing to high-quality borrowers. While there are substitutes available, the company's strong reputation and expertise in the mortgage market reduce the threat of substitutes.
Bargaining Power Of Customers
Blackstone Mortgage Trust, Inc.'s customers are primarily high-quality borrowers who require specialized mortgage financing. The company's strong relationships with its customers and its ability to provide customized financing solutions reduce the bargaining power of customers.
Bargaining Power Of Suppliers
Blackstone Mortgage Trust, Inc. has a diversified funding base, which reduces its dependence on any single supplier. The company's strong relationships with its suppliers and its ability to access capital markets also reduce the bargaining power of suppliers.
Threat Of New Entrants
The mortgage financing market has high barriers to entry, including regulatory requirements and the need for specialized expertise. Blackstone Mortgage Trust, Inc.'s strong reputation and established relationships with borrowers and suppliers reduce the threat of new entrants.
Intensity Of Rivalry
The mortgage financing market is competitive, with several established players. However, Blackstone Mortgage Trust, Inc.'s focus on high-quality borrowers and its ability to provide customized financing solutions differentiate it from its competitors and reduce the intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 81.55% |
| Debt Cost | 7.23% |
| Equity Weight | 18.45% |
| Equity Cost | 11.26% |
| WACC | 7.98% |
| Leverage | 441.87% |
Blackstone Mortgage Trust, Inc. : Quality Control
Blackstone Mortgage Trust, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| AGNCN | AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the … |
| NLY | Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed … |
| RITM | Rithm Capital Corp. provides capital and services to the real estate and financial services sectors in the United States. Its investment portfolio comprises mortgage servicing related assets, residential securities and … |
| ABR | Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates … |
| STWD | Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States, Europe, and Australia. It operates through four segments: Commercial and Residential Lending, Infrastructure Lending, … |
Peers Metrics
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Scoring Insights
Peers Group Analysis
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Rithm Capital
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AGNC Investment
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Arbor Realty Trust
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Annaly Capital Management
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5
Starwood Property Trust
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6
