Blackstone Mortgage Trust (NYSE:BXMT) Sets New 52-Week Low – What’s Next?

Posted by Stanley Muller on Oct 19th, 2026

Shares of Blackstone Mortgage Trust, Inc. (NYSE:BXMT – Get Free Report) hit a new 52-week low on Monday. The stock traded as low as $10.29 and last traded at $10.2330, with a volume of 212,793 shares changing hands. The stock had previously closed at $10.53.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BXMT shares. Weiss Ratings lowered shares of Blackstone Mortgage Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, July 31st. Keefe, Bruyette & Woods lowered their price target on shares of Blackstone Mortgage Trust from $16.00 to $13.00 and set a “market perform” rating on the stock in a report on Friday, October 9th. JPMorgan Chase & Co. dropped their price target on shares of Blackstone Mortgage Trust from $19.00 to $18.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Wells Fargo & Company dropped their price target on shares of Blackstone Mortgage Trust from $22.00 to $18.00 and set an “overweight” rating on the stock in a research report on Monday, August 3rd. Finally, Wall Street Zen cut shares of Blackstone Mortgage Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $18.60.

Get Our Latest Report on BXMT

Blackstone Mortgage Trust Stock Performance

The firm’s 50-day moving average price is $13.00 and its two-hundred day moving average price is $16.20. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 114.06, a PEG ratio of 0.25 and a beta of 0.92.

Blackstone Mortgage Trust (NYSE:BXMT – Get Free Report) last issued its quarterly earnings data 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 net margin of 1.57% and a return on equity of 7.72%. The company had revenue of $158.06 million during the quarter, compared to analysts’ expectations of $157.32 million. As a group, sell-side analysts expect that Blackstone Mortgage Trust, Inc. will post 0.90 earnings per share for the current fiscal year.

Blackstone Mortgage Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 18.3%. The ex-dividend date of this dividend was Wednesday, September 30th. Blackstone Mortgage Trust’s dividend payout ratio (DPR) is 2,088.89%.

Insider Activity at Blackstone Mortgage Trust

In other news, Director Henry Nassau acquired 10,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average cost of $14.34 per share, for a total transaction of $143,400.00. Following the transaction, the director directly owned 218,523 shares in the company, valued at approximately $3,133,619.82. This represents a 4.80% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 3,716 shares of company stock valued at $46,815 over the last three months. 1.18% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Blackstone Mortgage Trust

Several institutional investors and hedge funds have recently made changes to their positions in BXMT. TT Capital Management LLC grew its holdings in Blackstone Mortgage Trust by 280.1% during the 3rd quarter. TT Capital Management LLC now owns 44,850 shares of the real estate investment trust’s stock valued at $514,000 after buying an additional 33,050 shares during the last quarter. Sanders Morris Harris LLC acquired a new position in Blackstone Mortgage Trust in the 3rd quarter valued at about $187,000. Dupree Financial Group LLC lifted its holdings in Blackstone Mortgage Trust by 85.1% in the 3rd quarter. Dupree Financial Group LLC now owns 596,835 shares of the real estate investment trust’s stock valued at $6,834,000 after purchasing an additional 274,361 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Blackstone Mortgage Trust by 248.0% in the 3rd quarter. GAMMA Investing LLC now owns 15,502 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 11,047 shares in the last quarter. Finally, Central Pacific Bank Trust Division lifted its holdings in Blackstone Mortgage Trust by 50.0% in the 3rd quarter. Central Pacific Bank Trust Division now owns 3,000 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 1,000 shares in the last quarter. 64.15% of the stock is currently owned by hedge funds and other institutional investors.

Blackstone Mortgage Trust Company Profile

(Get Free Report)

Blackstone Mortgage Trust, Inc (NYSE: BXMT) is a real estate finance company organized as a real estate investment trust. The company originates and holds senior loans secured by commercial properties, with a focus on institutional-quality assets and experienced real estate sponsors.

Its portfolio primarily consists of floating-rate mortgage loans used to finance acquisitions, refinancings, development and other capital needs for commercial real estate. The properties securing its loans may include office buildings, multifamily communities, hotels, industrial facilities, retail centers and other commercial assets.

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