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 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.

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The quality of mortgage REITs has improved substantially in recent years. That's even with a number of them – particularly residential mREITs – performing very poorly in the Great Recession.

Our Secret REIT Sauce Revealed

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) announced today that Nnenna Lynch has been appointed to its Board of Directors, effective immediately. Ms. Lynch brings a diverse array of knowledge and experience in real estate investment and development to the BXMT board. She is Founder & CEO of Xylem Projects, a mission-driven real estate firm focused on preserving workforce housing and developing mixed-use projects, and is a seasoned executive in urban redevelopmen

Nnenna Lynch Appointed to Board of Directors of Blackstone Mortgage Trust

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its second quarter 2021 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, July 28, 2021. 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=1478981&tp_key=b404a3854f For those unable to lis

Blackstone Mortgage Trust Announces Second Quarter 2021 Earnings Release and Conference Call

Blackstone Mortgage Trust has been a consistent pillar of our mortgage REIT exposure. It built its giant portfolio, at least in part, by taking advantage of crises and distressed companies. Patient and disciplined capital tends to win over time.

Blackstone Mortgage Trust: Keep It Simple Stupid REIT Yielding 7.4%

Blackstone Mortgage Trust has so far weathered the pandemic well – credit quality is strong, with interest collection back at 100%. Its large exposure to the office real estate market puts the mREIT at risk of changing workplace dynamics.

Blackstone Mortgage Trust: Caution Is Warranted

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today announced that Katie Keenan, BXMT's President, has been named Chief Executive Officer of BXMT, effective June 30, 2021. She will succeed Steve Plavin, who remains a key member of the Blackstone Real Estate Debt Strategies leadership team and will oversee BREDS' best-in-class European platform. In connection with her appointment, Ms. Keenan will join the BXMT Board of Directors. Mike Nash continues in his role as Execut

Katie Keenan Named Chief Executive Officer of Blackstone Mortgage Trust

Blackstone Group

Blackstone Mortgage Trust (BXMT) CEO Steve Plavin on Q1 2021 Results - Earnings Call Transcript

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of -3.28% and -4.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Blackstone Mortgage Trust (BXMT) Q1 Earnings and Revenues Lag Estimates

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its first quarter 2021 results. Stephen D. Plavin, Chief Executive Officer, said, “BXMT's first quarter demonstrated the strong momentum we have established on both sides of the balance sheet. We closed $1.7 billion of high-quality new loans, growing our portfolio by nearly $700 million, and we continued to optimize and diversify our balance sheet, ideally positioning BXMT to capture the next wave of investmen

Blackstone Mortgage Trust Reports First Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its first quarter 2021 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, April 28, 2021. 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=1447802&tp_key=ae83863b18 For those unable to lis

Blackstone Mortgage Trust Announces First Quarter 2021 Earnings Release and Conference Call

Blackstone Mortgage Trust has a conservative investment approach of originating senior loans, with an average 64% LTV.

Blackstone Mortgage Trust: Don't Get Scared Out Of This 7.8% Yield

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) announced today that Steve Plavin, Chief Executive Officer, will present at the Citi 2021 Global Property CEO Conference on Monday, March 8, 2021 at 9:00 am ET. A webcast of the presentation will be available live on the Events section of BXMT's website at https://ir.blackstonemortgagetrust.com/events/default.aspx. For those unable to listen during the webcast, a replay will be available on the website approximately an hour

Blackstone Mortgage Trust to Present at the Citi 2021 Global Property CEO Conference

Blackstone Mortgage Trust, Inc. (BXMT) CEO Steve Plavin on Q4 2020 Results - Earnings Call Transcript

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of -4.76% and -6.74%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Blackstone Mortgage Trust (BXMT) Misses Q4 Earnings and Revenue Estimates

Shares of Blackstone Mortgage Trust (NYSE:BXMT) decreased 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 11.76% over the past year to $0.60, which missed the estimate of $0.61.

Recap: Blackstone Mortgage Trust Q4 Earnings

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2020 results. Full year EPS, Distributable EPS, and dividends paid per share were $0.97, $2.48, and $2.48, respectively. Stephen D. Plavin, Chief Executive Officer, said, “BXMT's strong 2020 results reflect the power and stability of our senior lending business. We generated consistent earnings in an environment of declining rates, while simultaneously maintaining strong credit

Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2020 Results

On Wednesday, February 10, Blackstone Mortgage Trust (NYSE:BXMT) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Blackstone Mortgage Trust Earnings Preview

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.

Analysts Estimate Blackstone Mortgage Trust (BXMT) to Report a Decline in Earnings: What to Look Out for

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2020 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, 2020: Record   Payment   Cash           Ordinary   Qualified   Capital Gain Date   Date   Distribution   Adjustment   Dividend (1)   Dividends (2)   Dividends   Dividends   3/31/2020   4/15/2020 $ 0.62   $ 0.00   $

Blackstone Mortgage Trust Announces Tax Treatment of 2020 Dividends

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its fourth quarter and full year 2020 earnings presentation on its website at www.bxmt.com and file its Form 10-K pre-market on Wednesday, February 10, 2021. 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=1417560&tp_key=c9976f38d2 For t

Blackstone Mortgage Trust Announces Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

Margin calls have been avoided and the dividend has been maintained through 2020. Loan performance is strong with 99% of interest collected during the third quarter.

Blackstone Mortgage Trust: Still Some Upside But Credit Migration Highlights The Risk

As of late, it has definitely been a great time to be an investor in Blackstone Mortgage Trust (BXMT).

Blackstone Mortgage Trust's (BXMT) Shares March Higher, Can It Continue?

BXMT engages with large firms and funds, usually referred to as deal "sponsors" in conference calls, to provide debt financing on large transactions. These giant private equity funds and other types of established capital providers permit long-term, stable relationships with a lot of shared risk.

Blackstone Mortgage Trust: No COVID-19 Axe To This Distribution

Blackstone Mortgage Trust has maintained steady performance during a challenging macroeconomic environment. I'm encouraged by the slight increase in book value during Q3 and the safe LTV ratio on its loan portfolio.

Blackstone Mortgage Trust: 11% Yield With A 16% Discount To Book Value

Blackstone Mortgage Trust's (BXMT) CEO Steve Plavin on Q3 2020 Results - Earnings Call Transcript

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