Blackstone Mortgage Trust Inc (N:BXMT)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 345 Park Avenue, 24th Floor
NEW YORK NY 10154
Tel: N/A
Website: https://www.blackstonemortgagetrust.com
IR: See website
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Key People
Michael B. Nash
Executive Chairman of the Board
Katharine A. Keenan
President, Chief Executive Officer, Director
Anthony F. Marone
Chief Financial Officer, Treasurer, Assistant Secretary, Principal Accounting Officer
Austin Pena
Executive Vice President - Investments
Courtney Cheng
Vice President - Finance
Timothy Hayes
Vice President - Shareholder Relations
Robert Sitman
Managing Director, Head of Asset Management
Paul Kolodziej
Head of Accounting
Leon Volchyok
Chief Legal Officer, Secretary
Business Overview
Blackstone Mortgage Trust, Inc. is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. The Company's investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from its loan portfolio. Its portfolio is composed primarily of loans secured by high-quality, institutional assets in major markets, sponsored by experienced, well-capitalized real estate investment owners and operators. These senior loans are capitalized by accessing a variety of financing options, depending on its view of the most prudent strategy available for each of its investments. The Company conducts its operations as a real estate investment trust for the United States federal income tax purposes. The Company is externally managed by BXMT Advisors L.L.C.
Financial Overview
For the three months ended 31 March 2024, Blackstone Mortgage Trust Inc revenues decreased 1% to $486.1M. Net loss totaled $123.8M vs. income of $117.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Professional services increase of 26% to $4.1M (expense), Restricted class A common stock earned increase of 6% to $7.9M (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $21,552M as of Mar 31, 2024
Annual revenue (TTM): $2,032M as of Mar 31, 2024
EBITDA (TTM): $245.03M as of Mar 31, 2024
Net annual income (TTM): $4.96M as of Mar 31, 2024
Free cash flow (TTM): $15.97M as of Mar 31, 2024
Net Debt Last Fiscal Year: $18,429M as of Mar 31, 2024
Shares outstanding: 173,584,034 as of Apr 17, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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