BLACKSTONE MORTGAGE TR. A

Blackstone Mortgage (BXMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. » Mehr auf zacks.com

Blackstone Mortgage Trust, Inc.'s asset base is geographically and sector-diversified, but we believe negative duration and convexity effects could emerge later this year. Although short-term U.S. inflation remains resilient, the long-term trend suggests yields will eventually drop in late 2024. Moreover, BXMT's other operating regions face the same problems. 'Tied-up' capital could be an issue as sustained economic risk introduces excess reserve requirements and likely limits Blackstone Mortgage Trust's profit capacity. » Mehr auf seekingalpha.com

Blackstone Mortgage Trust is one of the largest mortgage REITs in the world, with a diverse portfolio of commercial loans across asset classes. BXMT is trading at a discount to book value, offering value for optimistic shareholders who believe the commercial real estate sector will improve. In 2023, BXMT's dividend coverage was 123%, providing ample protection from ongoing systemic issues including weakness in the office market. » Mehr auf seekingalpha.com