Blackstone Mortgage Trust (NYSE:BXMT) is scheduled to post its quarterly earnings results after the market closes on Tuesday, April 23rd. Analysts expect Blackstone Mortgage Trust to post earnings of $0.61 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Blackstone Mortgage Trust (NYSE:BXMT) last announced its earnings results on Tuesday, February 12th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.07. Blackstone Mortgage Trust had a return on equity of 9.58% and a net margin of 51.44%. The company had revenue of $102.15 million for the quarter, compared to analyst estimates of $95.88 million. During the same period in the prior year, the company posted $0.65 EPS. The firm’s quarterly revenue was up 27.4% compared to the same quarter last year. On average, analysts expect Blackstone Mortgage Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NYSE:BXMT opened at $34.72 on Monday. Blackstone Mortgage Trust has a 1 year low of $30.14 and a 1 year high of $35.70. The stock has a market cap of $4.30 billion, a P/E ratio of 13.10, a price-to-earnings-growth ratio of 2.82 and a beta of 0.57.

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date of this dividend was Thursday, March 28th. Blackstone Mortgage Trust’s dividend payout ratio is presently 93.58%.

A number of brokerages have recently weighed in on BXMT. Zacks Investment Research raised Blackstone Mortgage Trust from a “sell” rating to a “hold” rating in a report on Wednesday, February 27th. ValuEngine lowered Blackstone Mortgage Trust from a “buy” rating to a “hold” rating in a report on Tuesday, February 12th. Finally, JMP Securities reissued a “hold” rating on shares of Blackstone Mortgage Trust in a report on Sunday, February 17th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $34.63.

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Blackstone Mortgage Trust Company Profile

Blackstone Mortgage Trust, Inc, a real estate finance company, originates senior loans collateralized by 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.

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Earnings History for Blackstone Mortgage Trust (NYSE:BXMT)

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