Vivek Vishwakarma They say that the cream rises to the top, and that analogy can be applied to dividend stocks as well. There is a lot of hidden value in buying quality, best of breed companies that provide meaningful cash flow. This brings me to the following 2 picks, which offer investors yields ranging from 8-10%. Both are what I would consider to be top picks in their respective sectors due to unique attributes that set them apart from the rest. Both are also trading off their recent highs and offer div ...

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Timothy Hayes - Vice President, Shareholder Relations Katie Keenan - Chief Executive Officer Anthony Marone - Chief Financial Officer Conference Call Participants Steven Delaney - JMP Stephen Laws - Raymond James Douglas Harter - UBS Jade Rahmani - KBW Donald Fandetti - Wells Fargo Thomas Catherwood - BTIG Richard Shane - JPMorgan Eric Dray - Bank of America Operator Good day and wel ...

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: Current Report](index=1&type=section&id=Form%208-K%3A%20Current%20Report) This Form 8-K reports the company's first quarter 2024 financial results and related exhibits [Item 2.02 Results of Operations and Financial Condition](index=4&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) Blackstone Mortgage Trust, Inc. announced its Q1 2024 financial results on April 24, 2024, detailed in furnished Exhibits 99.1 and 99.2 - The company issued a press release and a detailed presentation on April 24, 2024, to announce its financial results for the first quarter ended March 31, 2024[9](index=9&type=chunk) - The information and exhibits related to the financial results are furnished under Item 2.02 and are not considered "filed" for the purposes of Section 18 of the Exchange Act, which limits certain legal liabilities[15](index=15&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=4&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section details the exhibits furnished with the Form 8-K, including the Q1 2024 financial results press release and presentation Exhibit List | Exhibit No. | Description | | :--- | :--- | | 99.1 | Press Release of Blackstone Mortgage Trust, Inc. dated April 24, 2024 | | 99.2 | Presentation of Blackstone Mortgage Trust, Inc. dated April 24, 2024 | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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 ...