airdone Blackstone Mortgage Trust, Inc. (NYSE:BXMT) proved its value to passive income investors in February with a well-received earnings release for 4Q-23: The commercial mortgage real estate investment trust comfortably covered its dividend pay-out with distributable earnings, though it was forced to increase its CECL reserve for credit losses again. With that being said, Blackstone Mortgage Trust's dividend should be well-covered, and I do not foresee or predict a dividend adjustment in 2024. The stock ...

ryasick Mortgage REIT Blackstone Mortgage Trust (NYSE:BXMT) delivered a solid earnings beat of $0.07 per-share last week, causing shares to increase by 4%. However, the mortgage REIT’s portfolio is showing weakness as the percentage of performing loans declined for the third time in Q4'23. Additionally, Blackstone Mortgage Trust has a smaller dividend safety margin (weaker distribution coverage) and the REIT’s book value dropped to the lowest level since FY 2014. These factors cause me to reevaluate Bla ...

Call End: Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Q4 2023 Earnings Conference Call February 14, 2024, 09:00 AM ET Company Participants Timothy Hayes - VP, Shareholder Relations Anthony Marone - CFO, Treasurer, and Principal Accounting Officer Katie Keenan - President and CEO Austin Pena - Executive Vice President of Investments Conference Call Participants Steve DeLaney - JMP Securities Sarah Barcomb - BTIG Douglas Harter - UBS Donald Fandetti - Wells Fargo Stephen Laws - Raymond James Jason Sabshon - ...

Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.55%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.72 per share when it actually produced earnings of $0.78, delivering a surprise of 8.33%.Over the last ...

89 continued… continued… (1) Senior loans include senior mortgages and similar credit quality loans, including related contiguous subordinate loans and pari passu participations in senior mortgage loans. (2) Date loan was originated or acquired by us, and the LTV as of such date, excluding any junior participations sold. Origination dates are subsequently updated to reflect material loan modifications. (3) Total loan amount reflects outstanding principal balance as well as any related unfunded loan commitme ...

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2023 class A common stock dividends. The following table summarizes BXMT’s class A common stock dividend payments for the tax year ended December 31, 2023:                     Box 1a   Box 1b   Box 2a   Box 5 Record   Payment   Cash       Ordinary   Qualified   Capital Gain   Section 199A Date   Date   Distribution   Adjustment   ...

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Q3 2023 Earnings Conference Call October 25, 2023 9:00 AM ET Company Participants Timothy Hayes - VP, Shareholder Relations Katie Keenan - President and CEO Anthony F. Marone, Jr - CFO, Treasurer, and Principal Accounting Officer Conference Call Participants Stephen Laws - Raymond James Steve DeLaney - JMP Securities Sarah Barcomb - BTIG Jade Rahmani - KBW Donald Fandetti - Wells Fargo Richard Shane - J.P. Morgan Kaili Wang - Citigroup Operator Good day, and welco ...

New York, October 25, 2023, NEW YORK -- Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its third quarter 2023 results. Net income attributable to Blackstone Mortgage Trust for the third quarter was $30 million. Third quarter EPS, Distributable EPS, and dividends paid per basic share were $0.17, $0.78, and $0.62, respectively. Quarterly Investor Call Details Blackstone Mortgage Trust (NYSE:BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate ...

14. OTHER EXPENSES Our other expenses consist of the management and incentive fees we pay to our Manager and our general and administrative expenses. Management and Incentive Fees Pursuant to a management agreement between our Manager and us, or our Management Agreement, our Manager earns a base management fee in an amount equal to 1.50% per annum multiplied by our outstanding equity balance, as defined in the Management Agreement. In addition, our Manager is entitled to an incentive fee in an amount equal ...

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Q2 2023 Earnings Conference Call July 26, 2023 9:00 AM ET Company Participants Tim Hayes - Vice President, Shareholder Relations Katie Keenan - Chief Executive Officer Tony Marone - Chief Financial Officer Conference Call Participants Douglas Harter - Credit Suisse Steve DeLaney - JMP Securities Sarah Barcomb - BTIG Jade Rahmani - KBW Don Fandetti - Wells Fargo Stephen Laws - Raymond James Operator Good day, and welcome to the Blackstone Mortgage Trust Second Quar ...