How to Buy Blackstone Mortgage Trust Stock
Blackstone Mortgage Trust Inc
Blackstone Mortgage Trust is a mortgage REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker BXMT on the NYSE exchange.
Blackstone Mortgage Trust stock last closed at $18.25, down 4.6% from the previous day, and has increased 3.11% in one year. It has overperformed other stocks in the REIT - Mortgage industry by 0.06 percentage points. Blackstone Mortgage Trust stock is currently +8.47% from its 52-week low of $16.83, and -23.38% from its 52-week high of $23.82.
As of Apr 24, 2024, there are 173.58M shares of BXMT outstanding. The market value of BXMT is $3.17B. In the last 24 hours, 5.89M BXMT shares were traded.
How to Buy Blackstone Mortgage Trust Stock
Not sure how to invest in Blackstone Mortgage Trust stock? Here's how.
- Figure out where to buy Blackstone Mortgage Trust stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Blackstone Mortgage Trust stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your method of payment and add your info.
- Research Blackstone Mortgage Trust stock: The Blackstone Mortgage Trust ticker symbol is BXMT. Is Blackstone Mortgage Trust stock a good investment? Should you buy shares of BXMT? How do BXMT's underlying business fundamentals look? Do top analysts think Blackstone Mortgage Trust is a good buy? Why has BXMT's stock price moved recently? (Hint: Our stock market research tools can help you decide if BXMT is a good stock to buy).
- Execute your BXMT purchase: Decide if you will purchase BXMT shares at the current market price or use a limit order to buy BXMT shares at a particular price.
- Keep tabs on your BXMT position: Create a watchlist to important notifications about your new investment in Blackstone Mortgage Trust shares.
Step 1: Figure out where to buy Blackstone Mortgage Trust stock
You will need a brokerage account in order to access the NYSE market and buy BXMT stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you can invest in BXMT stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on app for stock, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Research Blackstone Mortgage Trust stock
After you have identified the best place to buy Blackstone Mortgage Trust stock, it's critical to research their stock before you invest, so you can comprehend the risk as well as the opportunity.
Blackstone Mortgage Trust Metrics
BXMT Zen Score
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on BXMT's stock page.
Is BXMT stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BXMT's fair value.
Using relative valuations ratios:
- BXMT could be overvalued based on its P/E ratio of 456.25x, relative to REIT - Mortgage industry P/E ratio of 64.07x
- BXMT may be overvalued based on its P/B ratio of 0.76x, relative to REIT - Mortgage industry P/B ratio of 0.71x
You can access more valuation analysis on BXMT's stock here.
BXMT Financials at a glance
Pros:
- BXMT earnings of $9.43M is not enough to cover its interest payments.
Cons:
- BXMT has a relatively high debt to equity ratio of 4.61.
- Total BXMT debt is higher than 5 years ago, relative to shareholder equity.
- BXMT profit margin has gone down from 39.9% to 0.8% in the past year.
- BXMT's operating cash flow of $443.28M allows it to safely service it's debt of $18.84B.
Is it a good time to buy Blackstone Mortgage Trust stock, according to Wall Street analysts?
Out of 5 Equities analysts who give forecasts on BXMT, the consensus analyst rating on BXMT is a Hold
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Blackstone Mortgage Trust stock forecast page.
BXMT Technicals
BXMT Growth Metrics
Last year, BXMT earnings were $4.96M. Over the past 5 year, BXMT's earnings have increased by -56.44% per year. This was slower than the REIT - Mortgage industry average of -13.76%.
Last year, BXMT revenue was $638.87M. In the last five year, BXMT's revenue has gone up by 8.9% per year. This was faster than the REIT - Mortgage industry average of 5.64%.
Dive into BXMT's earnings and revenue performance here.
Are BXMT insiders buying or selling the stock?
Over the last 12 months, insiders at BXMT have bought more shares than they have sold.
Leonard W. Cotton, Director of BXMT, was the latest BXMT insider to buy. They bought $32,630.22 worth of BXMT stock on Apr 15, 2024.
Learn more about who owns BXMT shares here.
Can I get consistent income from BXMT stock?
Blackstone Mortgage Trust pays a dividend of 13.59%, compared to the REIT - Mortgage industry's average dividend yield of 13.67%. If you owned $1,000 of BXMT stock, you would have received $135.89 last year.
Blackstone Mortgage Trust dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Blackstone Mortgage Trust dividend yield and history here.
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Step 5: Execute your BXMT purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and your broker will place your order.
If you require more assistance buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your BXMT position
Now that you own some BXMT shares, you'll want to stay up-to-date on your investment.
Create a watchlist to keep track of your BXMT stock.
BXMT Feed
How to Buy Stock in Blackstone Mortgage Trust
To summarize, here are the 6 steps to buy stock in Blackstone Mortgage Trust:
- Figure out where to buy Blackstone Mortgage Trust stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Blackstone Mortgage Trust stock
- Execute your BXMT purchase
- Keep tabs on your BXMT position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Blackstone Mortgage Trust, click below.
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