Blackstone Mortgage Trust Reports Strong Q4 Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy BXMT?
Source: seekingalpha
- Earnings Performance: Blackstone Mortgage Trust reported a distributable EPS of $0.51 for Q4, demonstrating resilience in profitability despite charge-offs, which is likely to have a positive impact on future stock performance.
- Significant Revenue Growth: The company achieved revenue of $159.3 million in Q4, marking a 39.2% year-over-year increase, reflecting a recovery in market demand and the effectiveness of its strategic initiatives, potentially attracting more investor interest.
- Robust Book Value: The book value per share stands at $20.75, incorporating $1.76 per share in CECL reserves and $0.47 per share in accumulated depreciation and amortization, indicating a solid risk management and asset evaluation strategy that enhances investor confidence.
- Portfolio Expansion: At year-end, the investment portfolio reached $20.0 billion, up from $19.3 billion in Q3, showcasing the company's proactive asset allocation and market opportunity capture, signaling future growth potential.
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Analyst Views on BXMT
Wall Street analysts forecast BXMT stock price to rise
6 Analyst Rating
2 Buy
4 Hold
0 Sell
Moderate Buy
Current: 19.750
Low
18.50
Averages
19.83
High
22.00
Current: 19.750
Low
18.50
Averages
19.83
High
22.00
About BXMT
Blackstone Mortgage Trust, Inc. is a real estate finance company that primarily originates senior loans collateralized by commercial real estate in North America, Europe, and Australia, and invests in other real estate credit investments. The Company’s investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income. Its 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 its view of the most prudent strategy available for each of its investments. It conducts its operations as a real estate investment trust for the United States federal income tax purposes. The Company is externally managed by BXMT Advisors L.L.C.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Blackstone Mortgage Trust Q4 2025 Earnings Highlights
- Significant Earnings Growth: Blackstone Mortgage Trust reported distributable earnings of $0.51 per share for Q4 2025, reflecting over a 20% increase from Q1 and covering dividends for the second consecutive quarter, indicating sustained improvement in the company's earnings power.
- Strong Portfolio Performance: The company achieved a 99% performing loan portfolio and closed approximately $7 billion in investments in 2025, with 85% in multifamily and industrial loans, demonstrating significant progress in its strategic expansion in these sectors.
- Solid Financial Health: Despite reporting GAAP net income of $0.24 per share, the distributable earnings were negative $2.07 per share due to $434 million in reserve charge-offs, highlighting the company's proactive approach to resolving impaired loans, while maintaining liquidity at $1 billion.
- Management Transition: CFO Tony Marone will step down, with Marcin Urbaszek taking over, ensuring stability and continuity in management, which is crucial for maintaining confidence in future capital allocation and investment decisions.
See More
Blackstone Mortgage Trust Reports Q4 Earnings Growth
- Earnings Growth: Blackstone Mortgage Trust reported a fourth-quarter profit of $39.56 million, translating to $0.24 per share, which marks a significant increase from last year's $37.19 million and $0.21 per share, indicating enhanced profitability.
- Substantial Revenue Increase: The company's revenue surged to $159.32 million in the fourth quarter, reflecting a robust 39.2% year-over-year growth from $114.45 million, showcasing strong business expansion and market demand.
- Strong Financial Performance: The earnings per share increased by 14.3% compared to last year, which not only boosts investor confidence but may also attract more capital inflows, further propelling the company's growth.
- Optimistic Market Outlook: With both revenue and earnings growth, Blackstone Mortgage Trust demonstrates strong competitive positioning in the current economic landscape, suggesting potential for sustained growth and investment opportunities ahead.
See More
Blackstone Mortgage Trust Reports Strong Q4 Earnings
- Earnings Performance: Blackstone Mortgage Trust reported a distributable EPS of $0.51 for Q4, demonstrating resilience in profitability despite charge-offs, which is likely to have a positive impact on future stock performance.
- Significant Revenue Growth: The company achieved revenue of $159.3 million in Q4, marking a 39.2% year-over-year increase, reflecting a recovery in market demand and the effectiveness of its strategic initiatives, potentially attracting more investor interest.
- Robust Book Value: The book value per share stands at $20.75, incorporating $1.76 per share in CECL reserves and $0.47 per share in accumulated depreciation and amortization, indicating a solid risk management and asset evaluation strategy that enhances investor confidence.
- Portfolio Expansion: At year-end, the investment portfolio reached $20.0 billion, up from $19.3 billion in Q3, showcasing the company's proactive asset allocation and market opportunity capture, signaling future growth potential.
See More
Blackstone Mortgage Trust Set to Release Q4 Earnings
- Earnings Announcement Date: Blackstone Mortgage Trust (BXMT) is set to announce its Q4 2023 earnings on February 11 before market open, with consensus EPS estimate at $0.27 and revenue estimate at $104.93 million, reflecting an 8.3% year-over-year decline.
- Historical Performance: Over the past two years, BXMT has beaten EPS estimates 75% of the time, while only achieving a 13% success rate for revenue estimates, indicating volatility in its earnings performance.
- Estimate Revisions: In the last three months, EPS estimates have seen two upward revisions with no downward adjustments, suggesting growing market confidence in its profitability; similarly, revenue estimates have experienced one upward revision, reflecting optimistic expectations for future performance.
- Market Attention: As the earnings report approaches, market interest in Blackstone Mortgage Trust is increasing, particularly in light of its improving outlook for 2026, with investors anticipating a more robust financial performance in the future.
See More
Blackstone Mortgage Trust Announces Tax Treatment of 2025 Dividends
- Dividend Payment Overview: Blackstone Mortgage Trust has announced the dividend payments for its 2025 class A common stock, with a cash dividend of $0.47 per share, record date of December 31, 2024, and payment date of January 15, 2025, reflecting the company's stable cash flow and commitment to shareholder returns.
- Tax Treatment Details: According to tax regulations, the $0.47 dividend paid in 2025 will be entirely allocable to the year 2025 for federal income tax purposes, providing shareholders with clear information on their income distribution for tax reporting.
- Portfolio Background: Blackstone Mortgage Trust focuses on originating senior loans secured by commercial real estate in North America, Europe, and Australia, aiming to preserve and enhance shareholder capital through stable dividend returns, showcasing its strong position in the real estate finance sector.
- Management Structure Explanation: The company is externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone, which utilizes a variety of financing options to optimize investment strategies, further enhancing its competitive edge in the market.
See More
Blackstone Mortgage Trust Announces 2025 Dividend Tax Treatment
- Dividend Payment Overview: Blackstone Mortgage Trust (BXMT) has announced its dividend payments for Class A common stock in 2025, with an expected cash dividend of $0.47 per share, indicating the company's ongoing cash flow and commitment to shareholder returns.
- Tax Treatment Details: The tax treatment for the 2025 dividends will include qualified dividends and Section 199A dividends, with the former potentially subject to capital gains tax rates and the latter eligible for a 20% deduction, reflecting the company's focus on tax compliance.
- Shareholder Record Date: The record date for the 2025 dividends is set for December 31, 2024, with a payment date of January 15, 2025, ensuring that shareholders receive their earnings promptly and enhancing investor confidence.
- Company Background Information: Blackstone Mortgage Trust specializes in originating senior loans secured by commercial real estate in North America, Europe, and Australia, aiming to preserve shareholder capital while generating attractive risk-adjusted returns through its loan portfolio, showcasing its strong position in the real estate finance sector.
See More
Blackstone Mortgage Trust Q4 2025 Earnings Highlights
- Significant Earnings Growth: Blackstone Mortgage Trust reported distributable earnings of $0.51 per share for Q4 2025, reflecting over a 20% increase from Q1 and covering dividends for the second consecutive quarter, indicating sustained improvement in the company's earnings power.
- Strong Portfolio Performance: The company achieved a 99% performing loan portfolio and closed approximately $7 billion in investments in 2025, with 85% in multifamily and industrial loans, demonstrating significant progress in its strategic expansion in these sectors.
- Solid Financial Health: Despite reporting GAAP net income of $0.24 per share, the distributable earnings were negative $2.07 per share due to $434 million in reserve charge-offs, highlighting the company's proactive approach to resolving impaired loans, while maintaining liquidity at $1 billion.
- Management Transition: CFO Tony Marone will step down, with Marcin Urbaszek taking over, ensuring stability and continuity in management, which is crucial for maintaining confidence in future capital allocation and investment decisions.
See More
Blackstone Mortgage Trust Reports Q4 Earnings Growth
- Earnings Growth: Blackstone Mortgage Trust reported a fourth-quarter profit of $39.56 million, translating to $0.24 per share, which marks a significant increase from last year's $37.19 million and $0.21 per share, indicating enhanced profitability.
- Substantial Revenue Increase: The company's revenue surged to $159.32 million in the fourth quarter, reflecting a robust 39.2% year-over-year growth from $114.45 million, showcasing strong business expansion and market demand.
- Strong Financial Performance: The earnings per share increased by 14.3% compared to last year, which not only boosts investor confidence but may also attract more capital inflows, further propelling the company's growth.
- Optimistic Market Outlook: With both revenue and earnings growth, Blackstone Mortgage Trust demonstrates strong competitive positioning in the current economic landscape, suggesting potential for sustained growth and investment opportunities ahead.
See More
Blackstone Mortgage Trust Reports Strong Q4 Earnings
- Earnings Performance: Blackstone Mortgage Trust reported a distributable EPS of $0.51 for Q4, demonstrating resilience in profitability despite charge-offs, which is likely to have a positive impact on future stock performance.
- Significant Revenue Growth: The company achieved revenue of $159.3 million in Q4, marking a 39.2% year-over-year increase, reflecting a recovery in market demand and the effectiveness of its strategic initiatives, potentially attracting more investor interest.
- Robust Book Value: The book value per share stands at $20.75, incorporating $1.76 per share in CECL reserves and $0.47 per share in accumulated depreciation and amortization, indicating a solid risk management and asset evaluation strategy that enhances investor confidence.
- Portfolio Expansion: At year-end, the investment portfolio reached $20.0 billion, up from $19.3 billion in Q3, showcasing the company's proactive asset allocation and market opportunity capture, signaling future growth potential.
See More
Blackstone Mortgage Trust Set to Release Q4 Earnings
- Earnings Announcement Date: Blackstone Mortgage Trust (BXMT) is set to announce its Q4 2023 earnings on February 11 before market open, with consensus EPS estimate at $0.27 and revenue estimate at $104.93 million, reflecting an 8.3% year-over-year decline.
- Historical Performance: Over the past two years, BXMT has beaten EPS estimates 75% of the time, while only achieving a 13% success rate for revenue estimates, indicating volatility in its earnings performance.
- Estimate Revisions: In the last three months, EPS estimates have seen two upward revisions with no downward adjustments, suggesting growing market confidence in its profitability; similarly, revenue estimates have experienced one upward revision, reflecting optimistic expectations for future performance.
- Market Attention: As the earnings report approaches, market interest in Blackstone Mortgage Trust is increasing, particularly in light of its improving outlook for 2026, with investors anticipating a more robust financial performance in the future.
See More
Blackstone Mortgage Trust Announces Tax Treatment of 2025 Dividends
- Dividend Payment Overview: Blackstone Mortgage Trust has announced the dividend payments for its 2025 class A common stock, with a cash dividend of $0.47 per share, record date of December 31, 2024, and payment date of January 15, 2025, reflecting the company's stable cash flow and commitment to shareholder returns.
- Tax Treatment Details: According to tax regulations, the $0.47 dividend paid in 2025 will be entirely allocable to the year 2025 for federal income tax purposes, providing shareholders with clear information on their income distribution for tax reporting.
- Portfolio Background: Blackstone Mortgage Trust focuses on originating senior loans secured by commercial real estate in North America, Europe, and Australia, aiming to preserve and enhance shareholder capital through stable dividend returns, showcasing its strong position in the real estate finance sector.
- Management Structure Explanation: The company is externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone, which utilizes a variety of financing options to optimize investment strategies, further enhancing its competitive edge in the market.
See More
Blackstone Mortgage Trust Announces 2025 Dividend Tax Treatment
- Dividend Payment Overview: Blackstone Mortgage Trust (BXMT) has announced its dividend payments for Class A common stock in 2025, with an expected cash dividend of $0.47 per share, indicating the company's ongoing cash flow and commitment to shareholder returns.
- Tax Treatment Details: The tax treatment for the 2025 dividends will include qualified dividends and Section 199A dividends, with the former potentially subject to capital gains tax rates and the latter eligible for a 20% deduction, reflecting the company's focus on tax compliance.
- Shareholder Record Date: The record date for the 2025 dividends is set for December 31, 2024, with a payment date of January 15, 2025, ensuring that shareholders receive their earnings promptly and enhancing investor confidence.
- Company Background Information: Blackstone Mortgage Trust specializes in originating senior loans secured by commercial real estate in North America, Europe, and Australia, aiming to preserve shareholder capital while generating attractive risk-adjusted returns through its loan portfolio, showcasing its strong position in the real estate finance sector.
See More
