Blackstone Mortgage Trust (NYSE:BXMT) Reaches New 1-Year Low – Should You Sell?

Posted by Brian Himes on Oct 1st, 2026

Blackstone Mortgage Trust, Inc. (NYSE:BXMT – Get Free Report) shares reached a new 52-week low during trading on Tuesday. The company traded as low as $12.23 and last traded at $12.4140, with a volume of 2232435 shares changing hands. The stock had previously closed at $12.50.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $16.00 price objective (down from $20.00) on shares of Blackstone Mortgage Trust in a research report on Friday, July 31st. Zacks Research lowered Blackstone Mortgage Trust from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Wells Fargo & Company lowered their price target on Blackstone Mortgage Trust from $22.00 to $18.00 and set an “overweight” rating on the stock in a report on Monday, August 3rd. Citigroup reiterated a “market perform” rating on shares of Blackstone Mortgage Trust in a research report on Tuesday, August 25th. Finally, Wall Street Zen lowered Blackstone Mortgage Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $19.20.

Read Our Latest Research Report on Blackstone Mortgage Trust

Blackstone Mortgage Trust Stock Down 6.9%

The stock has a market cap of $1.93 billion, a P/E ratio of 127.39, a P/E/G ratio of 0.29 and a beta of 0.90. The company has a 50-day simple moving average of $14.04 and a two-hundred day simple moving average of $16.87.

Blackstone Mortgage Trust (NYSE:BXMT – Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.10). Blackstone Mortgage Trust had a return on equity of 7.72% and a net margin of 1.57%.The firm had revenue of $158.06 million during the quarter, compared to the consensus estimate of $157.32 million. As a group, sell-side analysts forecast that Blackstone Mortgage Trust, Inc. will post 0.9 earnings per share for the current fiscal year.

Blackstone Mortgage Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a $0.47 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 16.4%. Blackstone Mortgage Trust’s payout ratio is presently 2,088.89%.

Insider Activity

In other news, Director Henry Nassau acquired 10,000 shares of the stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average cost of $14.34 per share, with a total value of $143,400.00. Following the completion of the purchase, the director owned 218,523 shares in the company, valued at approximately $3,133,619.82. The trade was a 4.80% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.18% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Blackstone Mortgage Trust in the 4th quarter worth about $38,239,000. Bank of New York Mellon Corp purchased a new position in Blackstone Mortgage Trust during the 2nd quarter valued at about $18,109,000. Independent Financial Group LLC purchased a new position in Blackstone Mortgage Trust during the 1st quarter valued at about $4,845,000. Bank of America Corp DE boosted its stake in Blackstone Mortgage Trust by 21.9% during the first quarter. Bank of America Corp DE now owns 1,297,062 shares of the real estate investment trust’s stock worth $24,839,000 after acquiring an additional 233,357 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in Blackstone Mortgage Trust by 758.3% during the first quarter. First Trust Advisors LP now owns 185,148 shares of the real estate investment trust’s stock worth $3,546,000 after acquiring an additional 163,577 shares in the last quarter. Hedge funds and other institutional investors own 64.15% of the company’s stock.

About Blackstone Mortgage Trust

(Get Free Report)

Blackstone Mortgage Trust, Inc is a real estate investment trust (REIT) that originates and holds senior mortgage loans secured by commercial real estate. Its lending activities primarily focus on transitional and institutional-quality properties, including office, multifamily, hotel, industrial, retail and other commercial assets.

The company’s portfolio is concentrated in major real estate markets in the United States, Europe and Australia. Its loans are generally floating-rate and are designed to provide financing for acquisitions, refinancings, renovations, development and other commercial real estate activities.

Blackstone Mortgage Trust is externally managed by BXMT Advisors LLC, an affiliate of Blackstone.