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Blackstone Mortgage Trust, Inc. logo

Blackstone Mortgage Trust, Inc.

BXMT

NYSEReal EstateREIT - Mortgage

Open in GoAI

Previous close

$14.27

−$0.08 · -0.56%

Aug 21, 4:00 PM ET

BXMT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

61

Undervalued

Momentum

34

Weakening

Sentiment

68

Bullish

Risk resilience

69

Moderate Risk

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Company profile

Company website

Blackstone Mortgage Trust, Inc. (BXMT) functions as a real estate finance entity, primarily engaged in originating senior-level debt secured by commercial properties. These investment activities span across North America, Europe, and Australia. For U.S. federal income tax considerations, the company is organized as a Real Estate Investment Trust (REIT). This structure generally exempts it from federal corporate income taxes, contingent on distributing at least 90% of its taxable earnings to its shareholders. The firm adopted its current name, Blackstone Mortgage Trust, Inc., in May 2013, having previously operated as Capital Trust, Inc. Established in 1997, its principal office is located in New York City.

Industry
REIT - Mortgage
Sector
Real Estate
Headquarters
US
CEO
Timothy Johnson
Listed since
Dec 29, 1980
Employees
0

Market position

Day range

Current $14.27

52-week range

Current $14.27

Open
$14.395
Previous close
$14.35
Volume
1.66M
0.92× average
Average volume
1.8M
Average daily volume
Market cap
2.41B USD
Beta
0.95
Market reference 1
50-day average
$16.2806
-12.35% below average
200-day average
$18.4495
-22.65% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
18.98B USD
P/E (TTM)
178.38×
P/B (TTM)
0.74×
P/S (TTM)
1.58×
EV / EBITDA
16.27×
Earnings yield
3.35%
Free cash flow yield
8.44%
Dividend yield
13.17%

Profitability & efficiency

Gross margin
44.12%
Operating margin
50.11%
Net margin
1.01%
Return on equity
3.13%
Return on assets
0.55%
Return on invested capital
5.31%

Financial health

Debt / equity
4.85×
Current ratio
0.06×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends105%62%20%-22%Gross margin, FY2021: 89.56%Gross margin, FY2022: 91.64%Gross margin, FY2023: 94.08%Gross margin, FY2024: 93.27%Gross margin, FY2025: 76.86%Operating margin, FY2021: 89.18%Operating margin, FY2022: 73.16%Operating margin, FY2023: 80.40%Operating margin, FY2024: 61.60%Operating margin, FY2025: 71.65%Net margin, FY2021: 49.45%Net margin, FY2022: 18.85%Net margin, FY2023: 12.25%Net margin, FY2024: -11.54%Net margin, FY2025: 7.20%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 89.56%. Gross margin FY2022 91.64%. Gross margin FY2023 94.08%. Gross margin FY2024 93.27%. Gross margin FY2025 76.86%. Operating margin FY2021 89.18%. Operating margin FY2022 73.16%. Operating margin FY2023 80.40%. Operating margin FY2024 61.60%. Operating margin FY2025 71.65%. Net margin FY2021 49.45%. Net margin FY2022 18.85%. Net margin FY2023 12.25%. Net margin FY2024 -11.54%. Net margin FY2025 7.20%.

Income trends

Revenue

1.52B USD-13.96%

Operating income

1.09B USD+0.06%

Net income

109.57M USD+313.66M USD
Income trends across reported periods2.23B USD1.35B USD461.04M USD−425.8M USDRevenue, FY2021: 847.73M USDRevenue, FY2022: 1.32B USDRevenue, FY2023: 2.01B USDRevenue, FY2024: 1.77B USDRevenue, FY2025: 1.52B USDOperating income, FY2021: 756M USDOperating income, FY2022: 965.06M USDOperating income, FY2023: 1.62B USDOperating income, FY2024: 1.09B USDOperating income, FY2025: 1.09B USDNet income, FY2021: 419.19M USDNet income, FY2022: 248.64M USDNet income, FY2023: 246.56M USDNet income, FY2024: −204.09M USDNet income, FY2025: 109.57M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 847.73M USD. Revenue FY2022 1.32B USD. Revenue FY2023 2.01B USD. Revenue FY2024 1.77B USD. Revenue FY2025 1.52B USD. Operating income FY2021 756M USD. Operating income FY2022 965.06M USD. Operating income FY2023 1.62B USD. Operating income FY2024 1.09B USD. Operating income FY2025 1.09B USD. Net income FY2021 419.19M USD. Net income FY2022 248.64M USD. Net income FY2023 246.56M USD. Net income FY2024 −204.09M USD. Net income FY2025 109.57M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.52B USD1.77B USD2.01B USD1.32B USD847.73M USD
Cost of goods sold351.97M USD119.06M USD119.09M USD110.29M USD88.47M USD
Gross profit1.17B USD1.65B USD1.89B USD1.21B USD759.26M USD
Operating expenses79.29M USD559.73M USD275.5M USD243.75M USD3.26M USD
Interest income1.36B USD1.77B USD2.04B USD1.34B USD854.69M USD
Interest expense988.95M USD1.29B USD1.37B USD710.9M USD340.22M USD
Depreciation and amortization68.84M USD9.41M USD———
Operating income1.09B USD1.09B USD1.62B USD965.06M USD756M USD
Net income109.57M USD−204.09M USD246.56M USD248.64M USD419.19M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$19.50

36.65% upside
Past 12 months12-month forecastHigh $21.00Average $19.50Low $18.00

Rating distribution

18 ratings
Strong buy00%
Buy739%
Hold1161%
Sell00%
Strong sell00%

BXMT news

fool.com

Director's Big Bet: Blackstone Mortgage Trust Leader Buys 10,000 Shares

Henry N. Nassau's $143,400 purchase expands his direct stake to 218,523 shares worth $3.15 million, signaling confidence despite the company's issues.

Read source
zacks.com

New Strong Sell Stocks for August 12th

BXMT, CHRD and UUUU have been added to the Zacks Rank #5 (Strong Sell) List on August 12, 2026.

Read source
gurufocus.com

A Look at Blackstone Mortgage Trust Inc (BXMT) After 3.3% Gain -- GF Value $20.64 vs Price $14.64

On August 11, 2026, Blackstone Mortgage Trust Inc (BXMT) shares rose by 3.3%, bringing the current price to $14.64. Over the past year, the stock has traded wit

Read source
defenseworld.net

Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCB) & Blackstone Mortgage Trust (NYSE:BXMT) Head to Head Contrast

Blackstone Mortgage Trust (NYSE: BXMT - Get Free Report) and Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCB - Get Free Report) are both finance companies, but which is the better stock? We will compare the two businesses…

Read source
seekingalpha.com

Blackstone Mortgage Trust: Unjustified 25% BV Discount

Blackstone Mortgage Trust invested $1.4B in new assets, reducing office exposure to 16% in Q2 and fully covering its $0.47 dividend in Q2. BXMT reported a steep book value drop due to higher credit loss reserves,…

Read source
247wallst.com

Here Are Friday’s Top Wall Street Analyst Research Calls: Blackstone Mortgage, Boston Scientific, Edison International, Ford, GoDaddy, International Paper, Roblox, Saia, and More

After a week of wild swings that rattled portfolios and left investors guessing, Wall Street analysts are already reshuffling their ratings on Friday morning, with some surprising cuts and upgrades across sectors from…

Read source

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ETFs holding BXMT

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
135.39M
Weight
0.12%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.31+0.64%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
74.44M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
58.99M
Weight
0.07%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
53.57M
Weight
0.03%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
27.04M
Weight
0.04%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
26.1M
Weight
0.03%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
21.72M
Weight
0.15%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
State Street SPDR Portfolio S&P 600 Small Cap ETF logoState Street SPDR Portfolio S&P 600 Small Cap ETFSPSM
Market value
21.09M
Weight
0.12%
AUM
17.03B USD
Expense ratio
0.03%
Price / 1D
$57.28+0.61%

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