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 ...

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 ...

Roman Tiraspolsky Let's drift into the mortgage arena and discuss what's waiting in the wings for the Blackstone Mortgage Trust, Inc. (NYSE:BXMT). For those unaware, we covered various components of Blackstone (BX) extensively in the past week, including the company as a whole its Blackstone's Apartment Income REIT Corp. (AIRC) acquisition. However, today's analysis builds on a statement we made a week ago when assessing Blackstone's real estate portfolio, which claimed that negative interest rate dura ...

PM Images We are going to stray from our typical analysis of equity REITs and peer over the fence to the debt side of the equation. Historically, equity REITs have outperformed mortgage REITs, or mREITs, due to the appreciation of the real estate they own. This tailwind and a variety of others are the foundation of why equity REITs are generally preferable, in my opinion. Simply put, I would generally rather own than loan. Data by YCharts We’ve recently covered another large mREIT, noting significant sy ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:BlackRock TCP Capital Corp. (TCPC) is a business development company. The Zacks Consensus Estimate for its current year earnings has been revised 7.5% downward over the last 60 days.Blackstone Mortgage Trust, Inc. (BXMT) is a real estate finance company. The Zacks Consensus Estimate for its current year earnings has been revised 14.1% downward over the last 60 days.Chesapeake Energy Corporation (CHK) is an independent exploration and ...

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the first quarter of 2024. This dividend is payable on April 15, 2024 to stockholders of record as of the close of business on March 28, 2024. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Ou ...

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 ...