FORM 8-K Blackstone Mortgage Trust, Inc. (Exact name of registrant as specified in its charter) Registrant's telephone number, including area code: (212) 655-0220 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Date of Report (Date of earliest event reported): July 24, 2024 | --- | --- | |------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (I.R.S. Identification | | | | | Not Applicable (Former Name or Address, if Changed Since Last R ...

loss reserve to reflect the principle underlying the CECL model that all loans and similar assets have some inherent risk of loss, regardless of credit quality, subordinate capital, or other mitigating factors. Application of the WARM method to estimate CECL reserves requires judgment, including (i) the appropriate historical loan loss reference data, (ii) the expected timing and amount of future loan fundings and repayments, and (iii) the current credit quality of our portfolio and our expectations of perf ...

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. The earnings report, which is expected to be released on July 24, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. This real estate finance company is expected to po ...

This year, the stock market adage “sell in May and go away” may hold very true, especially when it comes to the real estate investment trusts (REITs) best categorized as REITs to sell.These are the REITs that are facing the greatest challenges from the two major factors affecting the sector. The first of these two major factors is the prospect of “higher for longer” interest rates persisting through the rest of 2024 and into 2025.REITs across the board are typically interest-rate sensitive, but some have be ...

Dragon Claws The stock of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) did not react well to the mortgage trust’s first quarter earnings in which the company showed that it swung to a net loss amid loan problems in the office category: BXMT declined 4.6% on Thursday and may see additional selling pressure in the short term. An increase in the current expected credit loss reserve affected the company’s distributable earnings by $0.32 per share in 1Q24, which caused a dip of the dividend coverage ratio bel ...

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Q1 2024 Earnings Conference Call April 24, 2024 9:00 AM ET Company Participants Timothy Hayes - VP, Shareholder Relations Anthony Marone - CFO, Treasurer, and Principal Accounting Officer Katie Keenan - President and CEO Conference Call Participants Doug Harter - UBS Stephen Laws - Raymond James Sarah Barcomb - BTIG Jade Rahmani - KBW Rick Shane - JPMorgan Operator Good day and welcome to the Blackstone Mortgage Trust First Quarter 2024 Investor Call. Today's call ...

FORM 8-K Blackstone Mortgage Trust, Inc. (Exact name of registrant as specified in its charter) 345 Park Avenue, 24th Floor New York, New York 10154 (Address of Principal Executive Offices) (Zip Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d2(b)) | --- | --- | --- | |-------------- ...

The following tables detail the spread of our secured debt as of March 31, 2024 and December 31, 2023 ($ in thousands): Three Months Ended March 31, (1) The spread, all-in cost, and all-in yield are expressed over the relevant floating benchmark rates, which include SOFR, SONIA, EURIBOR, and other indices as applicable. (2) Represents the amount of new borrowings we obtained approval for during the three months ended March 31, 2024 and year ended December 31, 2023, respectively. (3) In addition to spread, t ...

Investors are always looking for stocks that are poised to beat at earnings season and Blackstone Mortgage Trust, Inc. (BXMT) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Blackstone Mortgage is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possi ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Blackstone Mortgage Trust (BXMT) , which belongs to the Zacks REIT and Equity Trust industry, could be a great candidate to consider.This real estate finance company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 6.44%.For ...