NYSE$BXMT

Blackstone Mortgage Trust Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Blackstone Mortgage Trust reported strong Q4 and full year 2019 results.

Blackstone Mortgage Trust reported strong fourth quarter results, driven by strong performance on both sides of the balance sheet. The company originated $3.0 billion in loans during the quarter, bringing the total portfolio to a record size of $17.9 billion.

  • Originated $3.0 billion in loans in Q4.
  • Total portfolio reached a record size of $17.9 billion.
  • Improved the efficiency and structure of financing.
  • Full year dividend coverage of 109% from Core Earnings.

Headline financials

Total Revenue

$110M

Previous: $102M+7.4%
EPS (adj)

$0.68

Previous: $0.69-1.4%
Net Income

$78.9M

No prior period
Cash & Equivalents

$150M

No prior period
Total Assets

$16.6B

No prior period
Stock-Based Comp

$7.38M

No prior period

Revenue & EPS history

Blackstone Mortgage Trust · Revenue · Quarterly

$110M

Q4 2019+7.4%vs Q4 2018
Beat estimate in 1 of 16 quarters(6%)
ActualEstimate

Forward guidance

The earnings report does not include any forward guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.3%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.4%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+15.3%

Q1 2020

Best reaction

-13.6%

Q2 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.6%-5.4%-8.7%
Q4 2025+2.0%-0.4%-5.4%
Q3 2025+3.4%+2.3%+7.3%
Q1 2025+0.5%-0.3%-0.4%
Q4 2024+1.6%+7.4%+8.9%
Q3 2024+1.7%-0.3%+0.3%
Q2 2024-11.3%-8.2%-8.2%
Q1 2024-7.7%-6.4%-9.4%
Q4 2023+11.6%+9.5%+11.1%
Q3 2023-1.2%-1.4%+10.0%
Q2 2023+0.4%+2.5%-5.8%
Q1 2023+10.1%+5.8%+8.5%
Q4 2022-7.8%-5.2%-21.6%
Q3 2022+3.4%+4.0%+5.0%
Q2 2022+6.1%+5.6%+1.5%
Q1 2022+0.1%-3.5%+0.9%
Q4 2021+1.8%+1.8%+2.6%
Q3 2021+1.2%+2.8%-4.9%
Q2 2021+2.5%+2.2%+3.7%
Q1 2021-1.2%-2.3%-2.6%
Q4 2020-0.3%+0.9%+11.5%
Q3 2020+3.2%+7.9%+27.6%
Q2 2020+2.8%+0.7%+2.4%
Q1 2020+15.3%+14.0%+22.2%
Q4 2019+2.5%+2.8%-26.2%
Q3 2019-0.6%-1.0%-1.3%
Q2 2019-2.0%-1.0%-1.7%
Q1 2019+2.7%+3.2%+3.6%
Q4 2018-1.1%-3.0%+0.2%
Q3 2018+2.2%+0.5%+6.0%
Q2 2018+0.9%+0.6%+4.2%
Q1 2018-0.5%+0.6%+3.0%
Q4 2017+2.9%+4.4%+5.4%
Q3 2017+1.1%+0.8%+3.6%
Q2 2017-1.5%-2.0%+0.1%
Q1 2017+1.8%+0.8%+2.3%
Q4 2016-2.2%-2.6%-2.4%
Q3 2016+1.0%+0.3%-0.4%
Q2 2016+1.1%+1.3%+1.4%
Q1 2016+2.0%
Q4 2015+4.8%
Q3 2015+0.8%
Q2 2015+0.8%
Q1 2015-0.4%
Q4 2014-1.9%
Q3 2014-0.4%
Q2 2014+0.4%
Q1 2014-0.2%
Q4 2013+0.1%
Q3 2013-1.0%
Q2 2013-1.4%
Q1 2013-1.8%
Q1 2010-1.8%
Q4 2012-1.8%
Q3 2012+0.0%
Q2 2012+5.5%
Q1 2011-5.2%
Q1 2012+4.8%
Q4 2011-5.1%
Q4 2009-5.1%
Q3 2011-5.2%
Q3 2010-5.2%
Q2 2011-13.6%
Q4 2010-13.6%
Q2 2010-13.6%

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