Blackstone Mortgage Trust (BXMT) – Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Blackstone Mortgage Trust (NYSE: BXMT):

• 11/7/2026 – Blackstone Mortgage Trust was upgraded by Wall Street Zen from “sell” to “hold”.
• 11/3/2026 – Blackstone Mortgage Trust had its price target lowered by UBS Group from $21.00 to $14.00. They now have a “buy” rating on the stock.
• 10/30/2026 – Blackstone Mortgage Trust had its price target lowered by Keefe, Bruyette & Woods from $13.00 to $12.00. They now have a “market perform” rating on the stock.
• 10/29/2026 – Blackstone Mortgage Trust had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 10/9/2026 – Blackstone Mortgage Trust had its price target lowered by Keefe, Bruyette & Woods from $16.00 to $13.00. They now have a “market perform” rating on the stock.
• 10/5/2026 – Blackstone Mortgage Trust was upgraded by Zacks Research from “strong sell” to “hold”.

Blackstone Mortgage Trust Stock Performance

Shares of Blackstone Mortgage Trust stock opened at $11.15 on Monday. The firm’s 50-day simple moving average is $11.97 and its 200-day simple moving average is $16.51. Blackstone Mortgage Trust, Inc. has a twelve month low of $10.11 and a twelve month high of $20.67. The firm has a market cap of $1.85 billion, a P/E ratio of -5.00, a price-to-earnings-growth ratio of 0.47 and a beta of 0.90.

Blackstone Mortgage Trust (NYSE:BXMT) last released its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.14. The firm had revenue of $141.90 million during the quarter, compared to analyst estimates of $148.60 million. Blackstone Mortgage Trust had a positive return on equity of 9.17% and a negative net margin of 48.18%. On average, equities analysts forecast that Blackstone Mortgage Trust, Inc. will post 0.50 earnings per share for the current fiscal year.

Blackstone Mortgage Trust Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be issued a $0.30 dividend. This is a decrease from Blackstone Mortgage Trust’s previous quarterly dividend of $0.47. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date of this dividend is Thursday, December 31st. Blackstone Mortgage Trust’s dividend payout ratio (DPR) is -84.30%.

Insider Buying and Selling

In other Blackstone Mortgage Trust news, CEO Timothy Johnson purchased 90,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The stock was acquired at an average cost of $11.50 per share, with a total value of $1,035,000.00. Following the completion of the purchase, the chief executive officer directly owned 617,900 shares in the company, valued at approximately $7,105,850. This represents a 17.05% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Henry N. Nassau acquired 10,000 shares of Blackstone Mortgage Trust stock in a transaction on Wednesday, November 4th. The stock was acquired at an average cost of $11.43 per share, for a total transaction of $114,300.00. Following the completion of the purchase, the director owned 233,490 shares of the company’s stock, valued at approximately $2,668,790.70. The trade was a 4.47% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders sold 3,716 shares of company stock valued at $46,815. 1.18% of the stock is currently owned by company insiders.

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.