Blackstone Mortgage Trust's stock is now selling for a 16% discount to book value. There is no evidence that suggests the commercial mortgage market is consolidating.
When assessing mortgage real estate investment trusts (REITs), one factor to consider is the stock price should never trade at a premium to the book value more than its dividend yield.
Get more than $300 a year for your investment in these three REITs at today's prices and dividend yields.
Blackstone Mortgage Trust has seen a material drop in price since August. Its business model is predicated on senior loans that are floating rate with reasonably low LTV ratios.
The company has a solid economic tailwind rising floating rate of the portfolio which can help to generate inflation-protected earnings. At the current share price, the dividend payment of $2.48 will
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its third quarter 2022 earnings presentation on its website at www.bxmt
Blackstone Mortgage (BXMT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
High-yielding dividend stocks are great for income investors and are crucial to building a strong retirement portfolio.
With the stock market rebounding, these high dividend yields may start decreasing.
Blackstone Mortgage's dividend remained well-covered in 2Q-22. New originations remained robust.
BXMT's strong Q2 results demonstrate that it's thriving in the current rising rate environment. It has plenty of growth runway with strong liquidity and reduced competition for deals.
Blackstone Mortgage Trust, Inc. (NYSE:BXMT ) Q2 2022 Earnings Conference Call July 27, 2022 9:00 AM ET CompanyParticipants Weston Tucker - Head of Shareholder Relations Katie Keenan - Chief Executive
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its second quarter 2022 earnings presentation on its website at www.bxm

2 REITs That Are Outperforming the Dow Jones

06:25am, Sunday, 26'th Jun 2022
One owns commercial real estate; the other lends to CRE owners. And they're both doing exceptionally well.
Investments in floating rate assets produce income upside for the trust. Blackstone Mortgage Trust saw strong demand for new originations in 1Q-22.
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