Press coverage about Blackstone Mortgage Trust (NYSE:BXMT) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blackstone Mortgage Trust earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.604774252278 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Blackstone Mortgage Trust, Inc. Class A to Host Earnings Call – Digital Journal (digitaljournal.com)
- Blackstone Mortgage Trust’s (BXMT) CEO Steve Plavin on Q4 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Blackstone Mortgage Trust beats by $0.02, beats on revenue (seekingalpha.com)
- Blackstone Mortgage Trust (BXMT) Tops Q4 EPS by 2c (streetinsider.com)
Shares of Blackstone Mortgage Trust (BXMT) traded down $0.04 during midday trading on Thursday, reaching $30.93. 249,440 shares of the company were exchanged, compared to its average volume of 973,400. Blackstone Mortgage Trust has a 52-week low of $29.51 and a 52-week high of $33.08. The firm has a market capitalization of $3,270.00, a PE ratio of 13.63 and a beta of 0.59.
Several equities analysts recently issued reports on the stock. B. Riley reissued a “buy” rating and set a $33.00 price target on shares of Blackstone Mortgage Trust in a report on Friday, December 1st. Keefe, Bruyette & Woods cut shares of Blackstone Mortgage Trust from an “outperform” rating to a “market perform” rating in a research report on Thursday, December 7th. Wells Fargo & Co began coverage on shares of Blackstone Mortgage Trust in a research report on Wednesday, December 6th. They issued an “outperform” rating for the company. FBR & Co raised their price objective on shares of Blackstone Mortgage Trust from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research upgraded shares of Blackstone Mortgage Trust from a “hold” rating to a “buy” rating and set a $36.00 price target for the company in a research report on Monday, October 30th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $33.60.
About Blackstone Mortgage Trust
Blackstone Mortgage Trust, Inc is a holding company. The Company conducts its operations as a real estate investment trust for the United States federal income tax purposes. The Company originates and purchases senior loans collateralized by properties in North America and Europe. The Company’s business is focused on originating or acquiring senior, floating rate mortgage loans that are secured by a first priority mortgage on commercial real estate assets primarily in the office, lodging, retail, residential and industrial sectors.
Receive News & Ratings for Blackstone Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackstone Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter.