BXMT Stock Recent News

In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.

Blackstone Secured Lending offers a 9.4% dividend yield, backed by a high-quality first-lien debt portfolio and a shareholder-friendly fee structure. Ladder Capital provides a diversified investment strategy with commercial loans, securities, and real estate, offering a well-covered 7.9% dividend yield. Both companies have strong balance sheets, prudent capital allocation, and seasoned leadership, helping to ensure steady cash flow and long-term value for income investors.

US equity markets slumped this week - while benchmark interest rates tumbled to two-month lows - after downbeat economic data and cautious corporate commentary sparked concern over slowing economic growth. Compounded by some unsettling COVID-related headlines late in the week, investors adopted a more "risk off" position after consumer and business survey data picked up a sudden negative sentiment shift. After notching a pair of record-highs early in the week, a two-day tumble sent the S&P 500 lower by 1.6% on the week. Small-Caps and Mid-Caps both dipped over 3%.

US equity markets flirted with fresh record-highs this week while benchmark interest rates hovered around two-month lows as investors weighed positive earnings news against uncomfortable hot inflation data. Complicating the policy outlook for the Federal Reserve, CPI data showed the fastest monthly rise in consumer prices since August, prompting a pledge from Powell for "more work to do." Snapping a two-week losing streak, the S&P 500 rebounded by 1.5%, closing fractionally below its prior record-high set in late January. The tech-heavy Nasdaq 100 rallied nearly 3%.

Blackstone Mortgage Trust (NYSE:BXMT ) Q4 2024 Earnings Conference Call February 12, 2024 9:00 AM ET Company Participants Tim Hayes - VP, Shareholder Relations Katie Keenan - CEO Anthony Marone - CFO Austin Peña - EVP, Investments Conference Call Participants Stephen Laws - Raymond James Steven Delaney - Citizens JMP Securities Tom Catherwood - BTIG Doug Harter - UBS Jade Rahmani - KBW Harsh Hemnani - Green Street Don Fandetti - Wells Fargo Rick Shane - JPMorgan Operator Good day and welcome to the Blackstone Mortgage Trust Fourth Quarter and Full Year 2024 Investor Call. Today's conference is being recorded.

Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of a loss of $0.32 per share. This compares to earnings of $0.69 per share a year ago.

President Trump's tariffs on Mexico, Canada, and China created market volatility, presenting buying opportunities for long-term dividend investors in solid income-paying stocks. Verizon offers a near 7% yield, strong dividend coverage, and potential upside due to debt reduction and attractive valuation under $40 per share. Starwood Property Trust provides a stable 10.1% yield, resilient performance despite headwinds, and benefits from declining interest rates, making it a reliable income investment.

Following the best week since November, U.S. markets posted their best first-week of a Presidential term since 1985 as investors saw business-friendly undertones in the early days of the new administration. Striking an agreeable tone for markets that were wary of the inflationary impacts of trade and fiscal policy, President Trump focused on supply side policies and didn't immediately implement sweeping tariffs. Posting record-highs for the first time since early December, the S&P 500 gained another 1.7% on the week, notching back-to-back weekly gains following a stretch of 4-of-5 weekly losses.

Past Time To Take Gains On These Big Yielders

High Yield REITs Whacked By Higher Rates