Blackstone Mortgage Trust Inc (NYSE:BXMT) had declared a cash dividend of $0.6200 on Jun 15, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed for Jun 30, 2016. On Jun 15, 2016 share price, the yield comes out to be 8.8762%. The dividend payable date has been fixed on Jul 15, 2016.
In a different note, Credit Suisse said it Initiates Coverage on Blackstone Mortgage Trust Inc, according to a research note issued on Apr 18, 2016. The shares have been rated ‘Outperform’ by the firm.
Blackstone Mortgage Trust Inc (BXMT) shares turned negative on Tuesdays trading session with the shares closing down -0.08 points or -0.29% at a volume of 3,45,395. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $28.18. The peak price level was also seen at $28.18 while the days lowest was $27.91. Finally the shares closed at $27.97. The 52-week high of the shares is $29.88 while the 52-week low is $22.13. According to the latest information available, the market cap of the company is $2,627 M.
Blackstone Mortgage Trust Inc(BXMT) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $77.64M. Analysts had an estimated revenue of $78.66M. Earnings per share were $0.65. Analysts had estimated an EPS of $0.66.
Several Insider Transactions has been reported to the SEC. On Jun 1, 2016, Thomas C Ruffing (Managing Director) sold 248 shares at $28.01 per share price.Also, On Jun 1, 2016, Anthony F. Jr Marone (Chief Financial Officer) sold 434 shares at $28.01 per share price.On Jun 1, 2016, Douglas N. Armer (Treasurer, Managing Director) sold 1,208 shares at $28.01 per share price, according to the Form-4 filing with the securities and exchange commission.
Blackstone Mortgage Trust Inc. is a holding company. The Company is a real estate investment trust (REIT) which is a real estate finance company that originates and purchases senior loans collateralized by properties in North America and Europe. The Company has two operating segments: the Loan Origination segment and the CT Legacy Portfolio segment. The Company’s Loan Origination segment includes the Company’s activities associated with the origination and acquisition of mortgage loans the capitalization of its loan portfolio and the costs associated with operating its business. CT Legacy Partners’ portfolio consists of cash loans securities and other assets. The Company’s focus is to originate loans and invest in debt and related instruments supported by institutional commercial real estate. It directly originates co-originates and acquires debt instruments in conjunction with acquisitions refinancing and recapitalizations of commercial real estate around the world.