Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Receives $21.00 Consensus Price Target from Brokerages

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $21.1250.

BXMT has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Blackstone Mortgage Trust in a research note on Monday, December 29th. BTIG Research restated a “buy” rating and set a $23.00 price objective on shares of Blackstone Mortgage Trust in a report on Tuesday. Keefe, Bruyette & Woods increased their target price on Blackstone Mortgage Trust from $21.00 to $21.50 and gave the stock an “outperform” rating in a report on Thursday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Blackstone Mortgage Trust from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th.

Key Blackstone Mortgage Trust News

Here are the key news stories impacting Blackstone Mortgage Trust this week:

• Positive Sentiment: Analysts raised price targets and reiterated buys — Keefe, Bruyette & Woods raised its price target to $21.50 and kept an “outperform” rating, implying upside; BTIG reaffirmed a buy. These actions signal analyst confidence in BXMT’s outlook. KBW Price Target Raise BTIG Reaffirms Buy
• Positive Sentiment: Operational strength: management highlighted a ~99% performing portfolio, continued portfolio rotation, and plans to increase loan originations — positive for future earnings and credit quality. Portfolio Rotation & Originations
• Positive Sentiment: Deal activity and returns: BXMT reported $7B of new investments in 2025 and a reported 21% total return for the year — evidence of active deployment and strong realized performance. New Investments & Total Return
• Positive Sentiment: Earnings beat on a core metric: Zacks reports BXMT posted $0.51 adjusted EPS vs. a $0.22 consensus — a positive surprise that supports distributable earnings trends. Zacks Earnings Beat
• Neutral Sentiment: Company release & presentation — Business Wire and the slide deck provide management commentary showing net income and distributable metrics; useful for modeling but contain mixed signals between GAAP and distributable figures. Business Wire Release & Slides
• Neutral Sentiment: Earnings call transcripts and slide deck are available for detail — read management’s commentary on credit trends, originations, and capital deployment to judge sustainability. MSN Transcript Seeking Alpha Transcript
• Negative Sentiment: Large GAAP EPS miss on headline numbers — MarketBeat flagged GAAP EPS of ($2.07) for the quarter, well below consensus, reflecting charge-offs or mark-to-market items that spooked some investors and drove intraday weakness. GAAP EPS Miss / MarketBeat

Insider Activity

In related news, President Fernando Austin Pena sold 3,131 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $19.24, for a total transaction of $60,240.44. Following the completion of the sale, the president owned 78,633 shares in the company, valued at approximately $1,512,898.92. This represents a 3.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 5,049 shares of company stock worth $98,716 over the last 90 days. 1.02% of the stock is owned by insiders.

Institutional Trading of Blackstone Mortgage Trust

Hedge funds have recently bought and sold shares of the business. Salomon & Ludwin LLC bought a new position in Blackstone Mortgage Trust in the 3rd quarter valued at $25,000. Jones Financial Companies Lllp grew its position in Blackstone Mortgage Trust by 45.5% during the first quarter. Jones Financial Companies Lllp now owns 1,715 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 536 shares during the period. North Capital Inc. purchased a new stake in Blackstone Mortgage Trust during the third quarter worth about $37,000. ORG Partners LLC bought a new stake in Blackstone Mortgage Trust in the fourth quarter worth about $41,000. Finally, Advisory Services Network LLC bought a new stake in Blackstone Mortgage Trust in the third quarter worth about $46,000. 64.15% of the stock is currently owned by institutional investors.

Blackstone Mortgage Trust Stock Performance

NYSE:BXMT opened at $19.72 on Tuesday. Blackstone Mortgage Trust has a fifty-two week low of $16.51 and a fifty-two week high of $21.24. The company has a 50 day simple moving average of $19.64 and a two-hundred day simple moving average of $19.14. The company has a market capitalization of $3.31 billion, a PE ratio of 30.33 and a beta of 1.07.

Blackstone Mortgage Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date was Wednesday, December 31st. Blackstone Mortgage Trust’s dividend payout ratio (DPR) is currently 303.23%.

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.