Blackstone Mortgage Trust Reports Second Quarter 2016 Results
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FBR Capital Raises Price Target on Blackstone Mortgage Trust (BXMT) to $32 Following Strong 2Q
July 27, 2016 2:18 PM EDTFBR Capital reiterated an Outperform rating on Blackstone Mortgage Trust (NYSE: BXMT), and raised the price target to $32.00 (from $29.00), following the company's 2Q earnings report. BXMT reported EPS of $0.67, beating $0.66 estimates. Over the past four quarters, BXMT's core earnings have surpassed the dividend by at least 105%, and FBR expects the company to continue to easily cover the dividend over the next several quarters.... More
Blackstone Mortgage Trust (BXMT) Tops Q2 EPS by 3c
July 26, 2016 5:02 PM EDTBlackstone Mortgage Trust (NYSE: BXMT) reported Q2 EPS of $0.67, $0.03 better than the analyst estimate of $0.64. Revenue for the quarter came in at $0 versus the consensus estimate of $78.26 million.
GAAP net income of $63 million during 2Q; book value of $26.54 per... More