Blackstone Mortgage Trust (BXMT) Projected to Post Quarterly Earnings on Thursday

Key Points

• Blackstone Mortgage Trust is expected to report Q3 2026 results before market open on October 29. Analysts forecast earnings of $0.24 per share on revenue of $148.60 million.
• The company’s stock has fallen sharply, opening at $10.19 versus a 52-week high of $20.67. Its quarterly dividend is $0.47 per share, implying an annualized yield of 18.4%, though the payout ratio is exceptionally high at 2,088.89%.
• Analyst sentiment is mixed but centers on a “Hold” consensus, with an average price target of $18.60. The prior quarter’s $0.31 EPS missed estimates of $0.41, while director Henry Nassau recently purchased 10,000 shares.

Blackstone Mortgage Trust (NYSE:BXMT - Get Free Report) is projected to issue its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $148.60 million for the quarter. Investors may visit the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 9:00 AM ET.

Blackstone Mortgage Trust (NYSE:BXMT - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.10). Blackstone Mortgage Trust had a return on equity of 7.72% and a net margin of 1.57%. The firm had revenue of $158.06 million for the quarter, compared to analyst estimates of $157.32 million. On average, analysts expect Blackstone Mortgage Trust to post $0.91 EPS for the current fiscal year and $1.12 EPS for the next fiscal year.

Blackstone Mortgage Trust Stock Down 0.7%

Blackstone Mortgage Trust stock opened at $10.19 on Thursday. The firm has a market capitalization of $1.72 billion, a PE ratio of 6.54, a P/E/G ratio of 0.24 and a beta of 0.92. Blackstone Mortgage Trust has a 52 week low of $10.11 and a 52 week high of $20.67. The firm's 50-day simple moving average is $12.76 and its 200 day simple moving average is $16.02.

Blackstone Mortgage Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 18.4%. The ex-dividend date was Wednesday, September 30th. Blackstone Mortgage Trust's dividend payout ratio (DPR) is 2,088.89%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Blackstone Mortgage Trust from $22.00 to $18.00 and set an "overweight" rating on the stock in a report on Monday, August 3rd. Wall Street Zen cut shares of Blackstone Mortgage Trust from a "hold" rating to a "sell" rating in a research note on Saturday, August 1st. Citigroup reissued a "market perform" rating on shares of Blackstone Mortgage Trust in a research note on Tuesday, August 25th. Keefe, Bruyette & Woods cut their price objective on Blackstone Mortgage Trust from $16.00 to $13.00 and set a "market perform" rating for the company in a research report on Friday, October 9th. Finally, Zacks Research raised Blackstone Mortgage Trust from a "strong sell" rating to a "hold" rating in a research note on Monday, October 5th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Blackstone Mortgage Trust currently has a consensus rating of "Hold" and an average target price of $18.60.

Insiders Place Their Bets

In other news, Director Henry Nassau bought 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The stock was purchased at an average price of $14.34 per share, with a total value of $143,400.00. Following the purchase, the director owned 218,523 shares of the company's stock, valued at $3,133,619.82. This trade represents a 4.80% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders have sold 3,716 shares of company stock valued at $46,815. Insiders own 1.18% of the company's stock.

About Blackstone Mortgage Trust

Blackstone Mortgage Trust, Inc is a real estate investment trust that originates and manages senior loans secured by commercial properties. The company primarily provides floating-rate mortgage financing to owners and sponsors of institutional-quality real estate, earning income from interest and other fees associated with its lending activities.

Its loan portfolio has historically included properties across sectors such as office, multifamily, hotel, industrial, retail and life sciences.

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