Skip to main content

LIVE

BXMT

Blackstone Mortgage Trust, Inc.

BXMT

NYSE·Real Estate·REIT - Mortgage·Mkt cap $2.4B

$14.20

+0.28%

P/E

177.50

Mkt Cap

$2.4B

52-Wk Range

$13.61–$20.67

52-Week Range

$13.61 - $20.67

P/E

177.50

Fwd P/E

13.18

Beta

0.94

Div Yield

13.24%

Avg Vol

1.8M

Shares Out

168.7M

Mkt Cap

$2.4B

Price action

Price chart

Down 28.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Blackstone's global platform and real estate expertise
  • Focus on senior loans with lower default risk
  • Diversified geographic exposure across North America, Europe, and Australia
  • Established relationships with institutional borrowers and developers
  • Tax-efficient REIT structure with high dividend yields

Bear Case

2 risks

  • Average volatility.
  • Growth premium of 1.8x vs Mortgage REITs peers. Elevated but may be justified by growth trajectory.

Growth

Revenue decline expected

Expansion of commercial real estate lending opportunities

Value

Growth premium of 1.8x vs Mortgage REITs peers. Elevated but may be justified by growth trajectory.

Momentum

Falling

-21.2% over 3m

Quality

Excellent

High-growth business (32% revenue growth, 67% gross margin). Profitable with strong growth momentum.

Dividend

High yield

13.24% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 28, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $0.31 vs $0.41 consensus (-24.8% surprise). Revenue of $158.1M vs $157.3M expected (+0.5%).

EPS miss
Rev beat +0.5%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-24.8%

Revenue trend · last 8Q

-26%

-46%

+443%

+21%

+240%

+4%

-60%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$109.6M

$114.4M

$365.7M

$393.3M

$373.0M

$389.0M

$380.2M

$158.1M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

-51.4%

Wall Street consensus

3 analysts · 33% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

33%

Hold

2

67%

Sell

0%

Median Price Target

Latest: Citi · Aug 25, 2026

vs Industry

How BXMT stacks vs REIT - Mortgage

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.