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Blackstone Mortgage Trust, Inc., a real estate finance company, originates, acquires, and manages loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate. The company's investment portfolio consists of senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets. It has operations in the United States, the United Kingdom, Ireland, Australia, Spain, Sweden, Canada, rest of Europe, and internationally. It operates as a real estate investment trust for federal income tax purposes. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was incorporated in 1998 and is headquartered in New York, New York.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Blackstone Mortgage Trust is a publicly traded commercial real estate finance REIT that originates, acquires and manages commercial mortgage loans and other CRE debt, backed by Blackstone's platform. Long-term growth drivers include origination and fee income from a large deal pipeline, portfolio yield from floating- and fixed-rate loans, and scale that could support dividends and capital deployment.
The company faces material risks from credit losses and property market downturns, interest-rate volatility and refinancing risk, portfolio concentration and leverage, and regulatory or tax changes that could pressure earnings and dividends.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 113.34M | -199.46M | 255.26M | 254.06M | 422.70M |
| Minority interest | -0.10M | -2.25M | -3.34M | 2.42M | 3.08M |
| Net income | 109.57M | -204.09M | 246.56M | 248.64M | 419.19M |
| Selling general administrative | 52.18M | 53.92M | 37.87M | 41.27M | 123.88M |
| Selling and marketing expenses | - | 15.18M | 30.66M | - | - |
| Gross profit | 1168.98M | 1648.76M | 1893.92M | 628.05M | 514.47M |
| Reconciled depreciation | - | 9.41M | 0.00M | - | - |
| Ebit | 1097.99M | 1091.64M | -142.67M | 960.13M | -91.77M |
| Ebitda | 1166.84M | 1101.04M | 1623.04M | 962.55M | 419.62M |
| Depreciation and amortization | 68.84M | 9.41M | 394.59M | 2.42M | - |
| Operating income | 1089.69M | 1089.03M | 1618.42M | 960.13M | 419.62M |
| Other operating expenses | 431.26M | 678.79M | 394.59M | 52.19M | -94.85M |
| Interest expense | 988.95M | 1289.97M | 1366.96M | 710.90M | 340.22M |
| Tax provision | 3.67M | 2.37M | 5.36M | 3.00M | 0.42M |
| Interest income | 1356.40M | 1769.04M | 2037.62M | 1338.95M | 854.69M |
| Net interest income | 367.45M | 479.07M | 670.66M | 628.05M | 514.47M |
| Income tax expense | 3.67M | 2.37M | 5.36M | 3.00M | 0.42M |
| Total revenue | 1520.95M | 1767.82M | 2013.01M | 628.05M | 514.47M |
| Total operating expenses | 79.29M | 559.73M | 275.50M | 52.19M | -94.85M |
| Cost of revenue | 351.97M | 119.06M | 119.09M | - | - |
| Total other income expense net | -976.35M | -1288.49M | -1363.16M | -706.07M | 3.08M |
| Net income from continuing ops | 109.67M | -201.83M | 249.90M | 251.06M | 422.27M |
| Net income applicable to common shares | - | - | - | 248.64M | 419.19M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 20002.95M | 19801.96M | 24036.18M | 25353.99M | 22703.29M |
| Intangible assets | 117.09M | 77.29M | - | - | - |
| Other current assets | -17650.69M | -483.61M | 322.80M | 104.18M | -551.15M |
| Total liab | 16498.56M | 16007.77M | 19648.67M | 20809.78M | 18084.58M |
| Total stockholder equity | 3498.91M | 3787.31M | 4367.71M | 4518.79M | 4588.19M |
| Other current liab | 2053.57M | -9774.19M | 338.94M | -13618.15M | -12318.94M |
| Common stock | 1.68M | 1.73M | 1.73M | 1.72M | 1.68M |
| Capital stock | 1.68M | 1.73M | 1.73M | 1.72M | 1.68M |
| Retained earnings | -1945.43M | -1733.74M | -1150.93M | -968.75M | -794.83M |
| Other liab | - | - | - | 76.97M | 53.93M |
| Other assets | 1765.73M | 19801.96M | 24036.18M | 370.90M | 21987.95M |
| Cash | 452.53M | 323.48M | 350.01M | 291.34M | 551.15M |
| Total current liabilities | 2094.82M | 9855.40M | 13119.86M | 13618.15M | 12318.94M |
| Net debt | 15725.92M | 15405.18M | 18949.65M | 20152.13M | 16955.91M |
| Short term debt | 26.60M | 9696.33M | 12683.09M | 13528.16M | 12280.04M |
| Short long term debt | 10117.29M | 9696.33M | 12683.09M | 13528.16M | 12280.04M |
| Short long term debt total | 16178.45M | 15728.66M | 19299.67M | 20443.47M | 17507.06M |
| Other stockholder equity | 5430.54M | 5511.05M | 5507.46M | 5475.80M | 5373.03M |
| Total current assets | 586.53M | 18637.06M | 23882.88M | 24983.08M | 637.25M |
| Long term investments | 217.49M | 4.45M | - | - | 78.08M |
| Net tangible assets | - | - | - | 4518.79M | 4588.19M |
| Short term investments | - | - | 1.89M | - | - |
| Net receivables | 17784.69M | 160.13M | 23210.08M | 190.89M | 86.10M |
| Long term debt | 6046.31M | 6032.33M | 6616.57M | 3023.97M | 2341.29M |
| Inventory | - | - | 23710.09M | - | - |
| Accounts payable | 14.65M | 77.86M | 97.82M | 89.99M | 38.90M |
| Noncontrolling interest in consolidated entity | - | - | - | 25.41M | 30.52M |
| Accumulated other comprehensive income | 12.11M | 8.27M | 9.45M | 10.02M | 8.31M |
| Common stock total equity | - | - | - | 1.72M | 1.68M |
| Retained earnings total equity | - | - | - | -968.75M | -794.83M |
| Non currrent assets other | -1050.75M | -91.08M | -24141.57M | 25062.65M | -78.08M |
| Non current assets total | 19416.41M | 81.74M | 153.29M | 25062.65M | 78.08M |
| Long term debt total | - | - | - | 3023.97M | 2341.29M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -279.37M | 3497.09M | 1133.63M | -3480.69M | -5677.12M |
| Change to liabilities | - | - | - | 58.93M | 24.86M |
| Total cashflows from investing activities | 359.40M | 3497.09M | - | -3253.53M | -5627.46M |
| Net borrowings | -26.88M | -3403.48M | - | 1549.58M | 5030.61M |
| Total cash from financing activities | -514.42M | -3882.68M | -1847.94M | 2607.22M | 5508.22M |
| Change to operating activities | - | - | - | -47.44M | 3.24M |
| Net income | 109.57M | -201.83M | 249.90M | 251.06M | 422.27M |
| Change in cash | 129.04M | -26.53M | 58.67M | -259.81M | 261.18M |
| Begin period cash flow | 323.48M | 350.01M | 291.34M | 551.15M | 289.97M |
| End period cash flow | 452.53M | 323.48M | 350.01M | 291.34M | 551.15M |
| Total cash from operating activities | 275.87M | 366.45M | 458.84M | 396.82M | 382.48M |
| Issuance of capital stock | - | 0.00M | 0.00M | 70.65M | 638.00M |
| Depreciation | - | 13.04M | -78.43M | -81.75M | -68.91M |
| Other cashflows from investing activities | 359.40M | 3563.44M | - | 227.16M | 49.66M |
| Dividends paid | 322.73M | 404.02M | 426.93M | 421.39M | 370.66M |
| Sale purchase of stock | -109.51M | -29.23M | - | 63.12M | 14249.98M |
| Other cashflows from financing activities | -55.30M | -45.95M | -8.96M | 7347.05M | -34.45M |
| Change to netincome | - | - | - | 29.07M | 27.71M |
| Capital expenditures | 0.00M | 0.59M | 0.00M | 0.00M | 0.00M |
| Cash flows other operating | - | - | - | 89.49M | -64.46M |
| Cash and cash equivalents changes | - | - | - | -249.49M | 263.25M |
| Change in working capital | 19.88M | 40.60M | -14.42M | -47.44M | 3.24M |
| Stock based compensation | 28.26M | 31.83M | 30.66M | 33.41M | 31.65M |
| Other non cash items | 255.99M | 482.81M | 192.71M | 241.55M | -74.68M |
| Free cash flow | 275.87M | 365.86M | 458.84M | 396.82M | 382.48M |
Sector: Real Estate Industry: REIT - Mortgage
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| BXMT Blackstone Mortgage Trust Inc |
-0.12 1.14% |
10.88 | 31.34 | 57.14 | 7.69 | 0.97 | 35.36 |
| NLY Annaly Capital Management, Inc. |
-0.39 2.10% |
17.95 | 5.27 | 6.78 | 4.96 | 1.09 | 17.69 |
| NLY-PG Annaly Capital Management Inc |
-0.09 0.34% |
24.94 | 14.19 | - | 5.46 | - | - |
| NLY-PF Annaly Capital Management Inc |
-0.07 0.25% |
25.43 | 14.25 | - | 5.42 | - | - |
| AGNC AGNC Investment Corp. |
-0.13 1.52% |
8.35 | 8.39 | 6.99 | 6.97 | 1.16 | 0.03 |
Blackstone Mortgage Trust, Inc., a real estate finance company, originates, acquires, and manages loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate. The company's investment portfolio consists of senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets. It has operations in the United States, the United Kingdom, Ireland, Australia, Spain, Sweden, Canada, rest of Europe, and internationally. It operates as a real estate investment trust for federal income tax purposes. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was incorporated in 1998 and is headquartered in New York, New York.
345 Park Avenue, New York, NY, United States, 10154
212 655 0220
| Name | Title | Year Born |
|---|---|---|
| Mr. Michael B. Nash | Exec. Chairman | 1961 |
| Ms. Katharine A. Keenan | CEO, Pres & Director | 1985 |
| Mr. Anthony Francis Marone Jr., CPA | MD, CFO, Principal Accounting Officer & Treasurer | 1983 |
| Mr. Stephen D. Plavin | Sr. Managing Director | 1959 |
| Mr. Jonathan Lee Pollack | Sr. MD, Global Head of Blackstone Structured Fin. & Director | 1977 |
| Mr. Jonathan D. Gray CIMA | BX Pres, COO & Sr. MD | 1969 |
| Mr. Austin Pena | Exec. VP of Investments & MD | 1986 |
| Mr. Paul Kolodziej | Head of Accounting | 1980 |
| Mr. Weston M. Tucker | Head of Investor Relations & Sr. MD | 1981 |
| Mr. Leon Volchyok | Chief Legal Officer & Sec. | 1984 |
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