Blackstone Mortgage Trust, Inc. (BXMT)
Blackstone Mortgage Trust, Inc. operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in New York City, NY, US. The stock last traded at $12.50, up 0.89% on the session, giving a market capitalisation of $2.11B. On trailing twelve-month figures it carries a trailing P/E of 156.25, a net margin of 1.0%. Its beta of 0.94 implies it has historically moved less than the broad market.
Blackstone Mortgage Trust, Inc. (BXMT) functions as a real estate finance entity, primarily engaged in originating senior-level debt secured by commercial properties. These investment activities span across North America, Europe, and Australia. For U.S. federal income tax considerations, the company is organized as a Real Estate Investment Trust (REIT). This structure generally exempts it from federal corporate income taxes, contingent on distributing at least 90% of its taxable earnings to its shareholders. The firm adopted its current name, Blackstone Mortgage Trust, Inc., in May 2013, having previously operated as Capital Trust, Inc. Established in 1997, its principal office is located in New York City.
Blackstone Mortgage Trust, Inc. is most often compared with the following Real Estate names: