Blackstone Mortgage Trust (BXMT) Stock Price, News & Analysis

Company Overview

Blackstone Mortgage Trust, Inc. (NYSE: BXMT) is a publicly traded real estate finance company that originates, acquires and manages commercial mortgage loans and other CRE debt investments. As an externally managed real estate investment trust (REIT), it seeks to generate attractive risk-adjusted returns through the deployment of senior floating-rate and fixed-rate loans backed by income-producing properties.

The firm’s core business activities span the origination of senior mortgage loans, the acquisition of loan portfolios and other real estate debt instruments, and the active management of those investments. Blackstone Mortgage Trust focuses on first-lien loans and participates in mezzanine debt and preferred equity on a selective basis, allowing it to build a diversified portfolio across property types including multifamily, office, industrial and retail assets.

Founded in 2013 and externally managed by affiliates of The Blackstone Group, BXMT leverages Blackstone’s global real estate, lending and credit platforms. Its senior leadership team is headed by President and Chief Executive Officer Jonathan Pollock, who oversees a credit-driven platform supported by seasoned origination, underwriting and asset management professionals.

Headquartered in New York, Blackstone Mortgage Trust primarily serves borrowers in the United States and, selectively, in Western Europe. The company’s geographically diversified approach and emphasis on floating-rate structures aim to provide investors with a degree of inflation protection and an opportunity for growth through varied market cycles.

Key Stats

• Today's Range: $19.33 to $19.81
• 50-Day Range: $18.46 to $20.15
• 52-Week Range: $16.51 to $21.24
• Volume: 403,177 shs
• Average Volume: 1.42 million shs
• Market Capitalization: $3.39 billion
• P/E Ratio: N/A
• Dividend Yield: 9.52%
• Price Target: $20.00
• Consensus Rating: Hold

Blackstone Mortgage Trust Stock Analysis - MarketRank™

Blackstone Mortgage Trust scored higher than 58% of companies evaluated by MarketBeat, and ranked 610th out of 927 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Blackstone Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Blackstone Mortgage Trust has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Blackstone Mortgage Trust is -282.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Blackstone Mortgage Trust is -282.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Blackstone Mortgage Trust has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.85% of the outstanding shares of Blackstone Mortgage Trust have been sold short.

Short Interest Ratio / Days to Cover

Blackstone Mortgage Trust has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in Blackstone Mortgage Trust has recently increased by 3.74%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Blackstone Mortgage Trust is a leading dividend payer. It pays a dividend yield of 9.61%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Blackstone Mortgage Trust does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.1 / 5
• Environmental Score: -2.66

Percentage of Shares Shorted

4.85% of the outstanding shares of Blackstone Mortgage Trust have been sold short.

Short Interest Ratio / Days to Cover

Blackstone Mortgage Trust has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in Blackstone Mortgage Trust has recently increased by 3.74%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.36

News Sentiment

Blackstone Mortgage Trust has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.96 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Blackstone Mortgage Trust this week, compared to 5 articles on an average week.

Search Interest

Only 2 people have searched for BXMT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Blackstone Mortgage Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $231,343.00 in company stock.

Percentage Held by Insiders

Only 1.02% of the stock of Blackstone Mortgage Trust is held by insiders.

Percentage Held by Institutions

64.15% of the stock of Blackstone Mortgage Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BXMT Stock Analysis - Frequently Asked Questions

How have BXMT shares performed this year?

Blackstone Mortgage Trust's stock was trading at $17.41 at the beginning of 2025. Since then, BXMT shares have increased by 13.4% and is now trading at $19.7450.

How were Blackstone Mortgage Trust's earnings last quarter?

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) issued its quarterly earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.87) by $1.26. Blackstone Mortgage Trust had a positive trailing twelve-month return on equity of 5.17% and a negative net margin of 0.83%.
Read the conference call transcript.

Is Blackstone Mortgage Trust buying back stock?

Blackstone Mortgage Trust's Board of Directors approved a share buyback plan on Wednesday, July 24th 2024, which authorizes the company to buy back $150,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 4.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

Who are Blackstone Mortgage Trust's major shareholders?

Blackstone Mortgage Trust's top institutional shareholders include State Street Corp (3.71%), Geode Capital Management LLC (2.30%), Kingstone Capital Partners Texas LLC (1.06%) and Norges Bank (1.05%). Insiders that own company stock include Michael B Nash, Timothy Steven Johnson, Katharine A Keenan, Henry N Nassau, Anthony F Marone Jr and Marcin Urbaszek.
View institutional ownership trends.

How do I buy shares of Blackstone Mortgage Trust?

Shares of BXMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Blackstone Mortgage Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Blackstone Mortgage Trust investors own include Verizon Communications (VZ), AT&T (T), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Energy Transfer (ET), Ares Capital (ARCC) and Pfizer (PFE).

Company Calendar

• Last Earnings: 2/12/2025
• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Dividend Payable: 7/15/2025
• Today: 9/04/2025
• Next Earnings (Estimated): 10/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - MTGE TRUST
• Sub-Industry: Trading
• Current Symbol: NYSE:BXMT
• Previous Symbol: NYSE:CT
• CIK: 1061630
• Web: www.blackstonemortgagetrust.com
• Phone: (212) 655-0220
• Fax: 212-655-0044
• Employees: N/A
• Year Founded: 1966

Price Target and Rating

• Average Price Target for Blackstone Mortgage Trust: $20.00
• High Price Target: $22.00
• Low Price Target: $18.50
• Potential Upside/Downside: +1.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.07)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.91
• P/E Growth: N/A
• Net Income: -$204.09 million
• Net Margins: -0.83%
• Pretax Margin: -0.67%
• Return on Equity: 5.17%
• Return on Assets: 0.95%

Debt

• Debt-to-Equity Ratio: 4.56
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $1.77 billion
• Price / Sales: 1.91
• Cash Flow: $1.91 per share
• Price / Cash Flow: 10.28
• Book Value: $21.12 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 171,580,000
• Free Float: 169,829,000
• Market Cap: $3.37 billion
• Optionable: Optionable
• Beta: 1.16