Blackstone Mortgage Trust is a holding company. Through its various subsidiaries, Co. is engaged as a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Co. conducts its operations as a real estate investment trust. Co. operates its business as one segment, which originates and acquires commercial mortgage loans and related investments. Co. is externally managed and advised by its manager, BXMT Advisors L.L.C., which is responsible for administering Co.'s business activities, day-to-day operations, and providing Co. the services of its executive management team, investment team, and support personnel. We show 42 historical shares outstanding datapoints in our BXMT shares outstanding history coverage, used to compute BXMT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BXMT market cap history over the course of time is important for investors
interested in comparing BXMT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BXMT versus a peer is one thing; comparing
BXMT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BXMT can fluctuate over the course of history.
With this page we aim to empower investors researching BXMT by allowing them to research the BXMT market cap history. |
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Video: The Importance of Market Cap
