Blackstone Mortgage Trust (NYSE:BXMT – Get Free Report) issued its quarterly earnings results on Wednesday. The real estate investment trust reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of ($0.87) by $1.26, Zacks reports. Blackstone Mortgage Trust had a positive return on equity of 9.35% and a negative net margin of 12.91%.
Blackstone Mortgage Trust Stock Up 3.2 %
NYSE BXMT opened at $19.85 on Friday. Blackstone Mortgage Trust has a twelve month low of $16.53 and a twelve month high of $20.73. The stock has a market cap of $3.43 billion, a P/E ratio of -14.28 and a beta of 1.50. The company’s 50-day simple moving average is $18.21 and its 200 day simple moving average is $18.36.
Blackstone Mortgage Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 9.47%. Blackstone Mortgage Trust’s dividend payout ratio (DPR) is currently -160.68%.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on BXMT
Blackstone Mortgage Trust Company Profile
Blackstone Mortgage Trust, Inc, a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company originates and acquires senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets.
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