UBS initiated coverage on Blackstone Mortgage Trust with a new price target
$BXMT
Real Estate Investment Trusts
Real Estate
UBS initiated coverage of Blackstone Mortgage Trust with a rating of Neutral and set a new price target of $23.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/19/2024 | $23.00 | Buy | BTIG Research |
| 6/25/2024 | Peer Perform | Wolfe Research | |
| 3/4/2024 | $22.00 → $21.00 | Buy → Neutral | BofA Securities |
| 12/6/2023 | $23.50 | Neutral | UBS |
| 7/17/2023 | $19.00 → $24.00 | Buy | BTIG Research |
| 4/25/2023 | $19.00 | Buy | BTIG Research |
| 12/15/2022 | $26.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 11/29/2021 | $34.00 | Mkt Perform → Outperform | Keefe Bruyette |
4 - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Issuer)
4 - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Issuer)
4 - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Issuer)
Blackstone Mortgage Trust (NYSE:BXMT) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.48 by 2.08 percent.
JMP Securities analyst Steven Delaney reiterates Blackstone Mortgage Trust (NYSE:BXMT) with a Market Perform.
Blackstone (NYSE:BX) today announced that it is establishing a Blackstone Real Estate office in Toronto and the appointment of Janice Lin as head of its Real Estate business in Canada. Ms. Lin's leadership experience and deep knowledge of the Canadian market will help drive Blackstone Real Estate's Canadian footprint as it continues to invest across all asset classes, with a focus on its long-term presence in the country. Blackstone has long had a significant presence in Canada across its businesses, including CAD $14 billion of real estate assets totaling approximately 450 properties – consisting primarily of logistics. Blackstone's portfolio companies across the firm employ more than 3,5
BTIG Research resumed coverage of Blackstone Mortgage Trust with a rating of Buy and set a new price target of $23.00
Wolfe Research initiated coverage of Blackstone Mortgage Trust with a rating of Peer Perform
BofA Securities downgraded Blackstone Mortgage Trust from Buy to Neutral and set a new price target of $21.00 from $22.00 previously
4 - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Issuer)
4 - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Issuer)
4 - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Issuer)
8-K - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Filer)
IRANNOTICE - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Filer)
10-Q - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Filer)
SC 13G/A - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Subject)
SC 13G/A - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Subject)
SC 13G/A - BLACKSTONE MORTGAGE TRUST, INC. (0001061630) (Subject)
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its third quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $56 million. Third quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.32), $0.39, $0.49, and $0.47, respectively. Katie Keenan, Chief Executive Officer, said, "The emerging real estate market recovery is driving strong momentum in BXMT's business, with repayments, resolutions, and redeployment all accelerating. With $1.5 billion of liquidity and an expanding global pipeline, we are well positioned to capitalize on today's attractive investment environment." Blac
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) (the "Company") today announced that it will publish its third quarter 2024 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, October 23, 2024. 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=1690501&tp_key=c125cd17c6 For those unable to listen to the live broadcast, there will be a webcast replay on the Company's website at www.bxmt.com beginning approximately two hours after the event. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NY
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its second quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $61 million. Second quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.35), $0.49, $0.56, and $0.62, respectively. In addition, BXMT declared a dividend of $0.47 per share of class A common stock with respect to the third quarter of 2024. This dividend is payable on October 15, 2024, to stockholders of record as of September 30, 2024. BXMT also announced that its Board of Directors has authorized a share repurchase program for up to $150.0 million of the Comp
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its third quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $56 million. Third quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.32), $0.39, $0.49, and $0.47, respectively. Katie Keenan, Chief Executive Officer, said, "The emerging real estate market recovery is driving strong momentum in BXMT's business, with repayments, resolutions, and redeployment all accelerating. With $1.5 billion of liquidity and an expanding global pipeline, we are well positioned to capitalize on today's attractive investment environment." Blac
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) (the "Company") today announced that it will publish its third quarter 2024 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, October 23, 2024. 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=1690501&tp_key=c125cd17c6 For those unable to listen to the live broadcast, there will be a webcast replay on the Company's website at www.bxmt.com beginning approximately two hours after the event. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NY
Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has agreed to acquire G6 Hospitality, the leading economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, in an all-cash transaction. OYO has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates over 320 hotels across 35 states. In 2023, OYO added nearly 100 hotels to its US portfolio and aims to add ~250 hotels in 2024. Motel 6's franchise network produces gross room revenues of $1.7 billion, which generates a strong fee base and cash flow for G6. OY