Blackstone Mortgage Trust (NYSE:BXMT – Get Free Report) will likely be issuing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $0.38 per share and revenue of $136.9920 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:00 AM ET.
Blackstone Mortgage Trust Stock Down 0.5%
Blackstone Mortgage Trust stock opened at $16.70 on Thursday. Blackstone Mortgage Trust has a 52-week low of $16.62 and a 52-week high of $20.67. The firm has a fifty day moving average of $17.72 and a 200-day moving average of $18.75. The firm has a market capitalization of $2.82 billion, a P/E ratio of 27.39 and a beta of 0.90.
Blackstone Mortgage Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.47 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 11.3%. Blackstone Mortgage Trust’s payout ratio is presently 308.20%.
Insiders Place Their Bets
Hedge Funds Weigh In On Blackstone Mortgage Trust
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in Blackstone Mortgage Trust by 45.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,715 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 536 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Blackstone Mortgage Trust by 7.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 570,233 shares of the real estate investment trust’s stock valued at $11,405,000 after purchasing an additional 37,838 shares in the last quarter. Intech Investment Management LLC raised its position in shares of Blackstone Mortgage Trust by 5.0% in the 1st quarter. Intech Investment Management LLC now owns 73,679 shares of the real estate investment trust’s stock valued at $1,474,000 after purchasing an additional 3,478 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Blackstone Mortgage Trust by 28.1% during the 2nd quarter. Invesco Ltd. now owns 630,752 shares of the real estate investment trust’s stock valued at $12,142,000 after buying an additional 138,469 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Blackstone Mortgage Trust during the 2nd quarter valued at approximately $226,000. 64.15% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on BXMT. Zacks Research cut shares of Blackstone Mortgage Trust from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. cut their price objective on Blackstone Mortgage Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, July 17th. Weiss Ratings cut Blackstone Mortgage Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 29th. UBS Group initiated coverage on Blackstone Mortgage Trust in a research report on Tuesday, June 2nd. They issued a “buy” rating and a $21.00 target price for the company. Finally, Keefe, Bruyette & Woods lowered their target price on Blackstone Mortgage Trust from $20.50 to $20.00 and set an “outperform” rating for the company in a research note on Friday, June 26th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $20.75.
View Our Latest Analysis on Blackstone Mortgage Trust
Blackstone Mortgage Trust Company Profile
Blackstone Mortgage Trust, Inc (NYSE: BXMT) is a publicly traded real estate finance company that originates, acquires and manages commercial mortgage loans and other CRE debt investments. As an externally managed real estate investment trust (REIT), it seeks to generate attractive risk-adjusted returns through the deployment of senior floating-rate and fixed-rate loans backed by income-producing properties.
The firm’s core business activities span the origination of senior mortgage loans, the acquisition of loan portfolios and other real estate debt instruments, and the active management of those investments.
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