Blackstone Mortgage Trust Inc - Class A
Exchange: NYSESector: Real EstateIndustry: REIT - Mortgage
Blackstone Mortgage Trust is a real estate finance company that originates, acquires and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income. Our portfolio is composed primarily of loans secured by high-quality, institutional assets in major markets, sponsored by experienced, well-capitalized real estate investment owners and operators. These loans are financed in a variety of ways, depending on our view of the most prudent strategy available for each of our investments. We are externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone.
Current Price
$18.06
-1.95%GoodMoat Value
$12.28
32.0% overvaluedProfile
Valuation (TTM)
Market Cap$3.05B
P/E29.41
EV—
P/B0.87
Shares Out168.74M
P/Sales5.21
Revenue$585.30M
EV/EBITDA101.28
Blackstone Mortgage Trust Inc - Class A (BXMT) Stock Analysis
Market Cap$3.05B
Current Price$18.06
P/E Ratio29.41
Forward P/E—
PEG Ratio6.47
EPS$0.64
Book Value$20.74
P/B Ratio0.87
BXMT Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use -2.4% FCF growth (CAGR)
Cash vs Debt
Net Debt: 15.7B
Revenue
424M
FY19
432M
FY20
514M
FY21
628M
FY22
675M
FY23
499M
FY24
553M
FY25
Net Income
306M
FY19
138M
FY20
419M
FY21
249M
FY22
247M
FY23
—
FY24
110M
FY25
BXMT 52-Week Range
$16.82
$20.22
50-Day MA: $19.00200-Day MA: $18.44
Did you know?
Profit margin stands at 17.7%.
Blackstone Mortgage Trust Inc - Class A (BXMT) Financial Summary
Blackstone Mortgage Trust Inc - Class A (BXMT) is a Real Estate company in the REIT - Mortgage industry, listed on NYSE. The stock currently trades at $18.06 with a market capitalization of $3.05B.
Key valuation metrics include a P/E ratio of 29.41, price-to-book ratio of 0.87, and EPS of $0.64. The company reports a profit margin of 17.7% and return on equity of 3.0%.
BXMT Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $3.05B |
| P/E Ratio | 29.41 |
| EPS | $0.64 |
| P/B Ratio | 0.87 |
| P/S Ratio | 5.21 |
| EV/EBITDA | 101.28 |
| Dividend Yield | 10.59% |
| Profit Margin | 17.7% |
| Return on Equity | 3.0% |
| Debt/Equity | 4.60 |
BXMT Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $424.18M | $305.57M |
| FY20 | $432.18M | $137.67M |
| FY21 | $514.47M | $419.19M |
| FY22 | $628.05M | $248.64M |
| FY23 | $675.28M | $246.56M |
| FY24 | $498.53M | $-204.09M |
| FY25 | $552.83M | $109.57M |
Blackstone Mortgage Trust Inc - Class A (BXMT) Valuation
Based on GoodMoat's DCF model, Blackstone Mortgage Trust Inc - Class A has a fair value estimate of $12.28. At the current price of $18.06, the stock appears 47.1% overvalued relative to our intrinsic value estimate.
BXMT Quality Indicators
Blackstone Mortgage Trust Inc - Class A maintains a profit margin of 17.7% and an operating margin of 39.3%. Return on equity stands at 3.0%. Debt-to-equity ratio is 4.60.
About Blackstone Mortgage Trust Inc - Class A
Blackstone Mortgage Trust is a real estate finance company that originates, acquires and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income. Our portfolio is composed primarily of loans secured by high-quality, institutional assets in major markets, sponsored by experienced, well-capitalized real estate investment owners and operators. These loans are financed in a variety of ways, depending on our view of the most prudent strategy available for each of our investments. We are externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone.
BXMT Free Cash Flow
Blackstone Mortgage Trust Inc - Class A generated $263.10M in trailing twelve-month free cash flow, representing an FCF yield of 8.63%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
BXMT Shares Outstanding
Blackstone Mortgage Trust Inc - Class A has 0.17 billion shares outstanding at a share price of $18.06, giving it a market capitalization of $3.05B.