BXMT logo

Blackstone Mortgage Trust, Inc.NYSE:BXMT Stock Report

Market Cap US$3.2b
Share Price
US$19.52
My Fair Value
US$21
4.8% undervalued intrinsic discount
1Y8.3%
7D3.4%
Portfolio Value
View

Blackstone Mortgage Trust, Inc.

NYSE:BXMT Stock Report

Market Cap: US$3.2b

Blackstone Mortgage Trust (BXMT) Stock Overview

A real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. More details

BXMT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends3/6

BXMT Community Fair Values

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Blackstone Mortgage Trust, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Blackstone Mortgage Trust
Historical stock prices
Current Share PriceUS$19.52
52 Week HighUS$21.24
52 Week LowUS$16.51
Beta1.16
1 Month Change-0.46%
3 Month Change4.22%
1 Year Change8.26%
3 Year Change-34.45%
5 Year Change-18.97%
Change since IPO-91.87%

Recent News & Updates

Blackstone Mortgage Trust: Buying Net Lease Properties Will Make It Stronger

Jul 11

Recent updates

Blackstone Mortgage Trust: Buying Net Lease Properties Will Make It Stronger

Jul 11
User avatar

Asset Resolution And Net Lease Investments Will Strengthen Portfolio Quality

Portfolio turnover and capital redeployment aim to enhance earnings, improve credit quality, and increase revenue from new investments.

Blackstone Mortgage Trust: Various Dislocations Might Materialize In Late 2025

Apr 27

Blackstone Mortgage Trust: I Am Giving Up (Downgrade)

Feb 18

Blackstone Mortgage Trust: Beware Of Kitchen Sinks And REO Loans In Q4 2024 Earnings

Feb 10

Blackstone Mortgage: Dividend Yield High But Not Well Positioned For High Interest Rates

Jan 16

Blackstone Mortgage Trust: Pocketed CRE Troubles Are Still Brewing

Dec 27

Blackstone Mortgage Trust: 10% Yield For Risk-Seeking Investors

Oct 26

Blackstone Mortgage Trust Could Be In For More Trouble

Sep 12

Blackstone Mortgage Trust's Dividend Cut Is Not Enough; More Impairments Loom From Offices And Santander JV

Aug 28

Blackstone Mortgage Trust: Why I Am Buying The Dividend Cut (Rating Upgrade)

Aug 05

Blackstone Mortgage: It's Not Distributable EPS, It's Deleveraging

Jul 24

Blackstone Mortgage: 8% On Bonds Beats 14% On The Stock

Jun 16

Blackstone Mortgage Trust: A Dividend Cut Is Likely

May 28

Blackstone Mortgage: Charge-Offs And Declining Rates Pose Risk

May 15

Blackstone Mortgage Trust: Ample Dividend Coverage Helps Protect From Ongoing Issues

Apr 11

Blackstone Mortgage Trust: Beware Of Charge-Offs And More Loan Modifications Ahead

Mar 06

Blackstone Mortgage: 13% Yield, 123% Dividend Coverage Make It A Buy

Feb 27

Blackstone Mortgage Trust: 3 Reasons Why I Am Downgrading This 12% Yielder

Feb 21

Diving Into Blackstone Mortgage's Portfolio Reveals 2024 Is Darker Than It Appears In The Muddy Waters' Report

Jan 17

Blackstone Mortgage: 11% Yield Inside Muddy Waters

Dec 22

Blackstone Mortgage: 11.2% Dividend Yield As Bears Blindsided By Fed

Dec 15

Blackstone Mortgage: Something Wicked This Way Comes

Nov 21

Blackstone Mortgage: Hold And Wait For Some Change (Rating Downgrade)

Nov 14

Blackstone Mortgage Trust: A Higher-For-Longer Rate Bet With A 12.6% Yield

Oct 28

Blackstone Mortgage Trust: Double-Digit Dividend Yield And Major Discount To Book Value

Oct 19

12% Yield! Blackstone Mortgage Trust Is Cheap For A Reason

Oct 02

Blackstone Mortgage Trust Has Become Fairly Valued

Sep 16

Blackstone Mortgage Trust: Valuation Is Getting Risky (Downgrade)

Aug 31

Blackstone Mortgage: Multiply Your Income With This 11% Yield

Aug 14

Blackstone Mortgage Trust: Don't Miss The Drop On This 11% Yielding CRE Trust

Jul 28

Blackstone Mortgage Trust: Concerns Overdone; Dividend Yield Intact

Jul 17

Blackstone Mortgage Trust: Stress Testing Blackstone's Dividend

Jul 11

Blackstone Mortgage: Do Not Worry About Increased Expected Credit Losses

Jun 16

Blackstone Mortgage Trust: The Market Is Too Focused On The Negatives

Feb 15

Blackstone Mortgage Trust Q4 2022 Earnings Preview

Feb 07

Blackstone Mortgage Trust: Attractive 11%-Yielder

Jan 25

Blackstone Mortgage: Buy Yourself This 11%-Yielding Christmas Gift

Dec 27

Shareholder Returns

BXMTUS Mortgage REITsUS Market
7D3.4%2.1%0.5%
1Y8.3%-4.1%15.7%

Return vs Industry: BXMT exceeded the US Mortgage REITs industry which returned -5.8% over the past year.

Return vs Market: BXMT underperformed the US Market which returned 15.1% over the past year.

Price Volatility

Is BXMT's price volatile compared to industry and market?
BXMT volatility
BXMT Average Weekly Movement3.0%
Mortgage REITs Industry Average Movement3.4%
Market Average Movement6.5%
10% most volatile stocks in US Market17.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: BXMT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BXMT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aKatie Keenanwww.blackstonemortgagetrust.com

Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company originates and acquires senior, floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets. It operates as a real estate investment trust for federal income tax purposes.

Blackstone Mortgage Trust, Inc. Fundamentals Summary

How do Blackstone Mortgage Trust's earnings and revenue compare to its market cap?
BXMT fundamental statistics
Market capUS$3.18b
Earnings (TTM)-US$12.58m
Revenue (TTM)US$236.80m
14.0x
P/S Ratio
-263.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BXMT income statement (TTM)
RevenueUS$236.80m
Cost of RevenueUS$0
Gross ProfitUS$236.80m
Other ExpensesUS$249.38m
Earnings-US$12.58m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.074
Gross Margin100.00%
Net Profit Margin-5.31%
Debt/Equity Ratio458.8%

How did BXMT perform over the long term?

See historical performance and comparison

Dividends

9.6%
Current Dividend Yield
-2,582%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/22 06:07
End of Day Share Price 2025/08/22 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Blackstone Mortgage Trust, Inc. is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Derek HewettBofA Global Research
Eric DrayBofA Global Research
Jessica Levi-RibnerB. Riley Securities, Inc.