Blackstone Mortgage Trust (NYSE:BXMT) Reaches New 52-Week Low – Should You Sell?

Blackstone Mortgage Trust, Inc. (NYSE:BXMT)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as $16.39 and last traded at $16.4250, with a volume of 538561 shares. The stock had previously closed at $16.64.

Blackstone Mortgage Trust News Summary

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

• Positive Sentiment: BXMT reported adjusted earnings of $0.48 per share, above the $0.38 consensus estimate and up from $0.19 a year earlier. Revenue of approximately $158.1 million also slightly exceeded forecasts. Blackstone Mortgage Trust Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management plans to reduce office and pre-2023 loan exposure by more than 40% by year-end, potentially lowering risk in the portfolio. BXMT is also entering the roughly $200 billion homebuilder-finance market, offering a potential source of future loan growth and diversification. BXMT Targets Exposure Reduction and Homebuilder Finance Expansion
• Neutral Sentiment: The company’s earnings call and presentation emphasized portfolio repositioning and credit management, but investors will likely need further evidence that the new strategy can offset pressure from legacy commercial real-estate exposures. BXMT Q2 2026 Earnings Call Transcript
• Negative Sentiment: Reported GAAP EPS was $0.31, missing the $0.38 analyst estimate by $0.07. Realized gains and losses weighed on quarterly earnings, creating a less favorable headline result despite the adjusted earnings beat. Realized Gains and Losses Hit Q2 Earnings

Wall Street Analyst Weigh In

BXMT has been the subject of several analyst reports. Zacks Research cut shares of Blackstone Mortgage Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Keefe, Bruyette & Woods dropped their price target on shares of Blackstone Mortgage Trust from $20.50 to $20.00 and set an “outperform” rating on the stock in a research report on Friday, June 26th. UBS Group initiated coverage on shares of Blackstone Mortgage Trust in a research note on Tuesday, June 2nd. They issued a “buy” rating and a $21.00 price target for the company. JPMorgan Chase & Co. decreased their price objective on shares of Blackstone Mortgage Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, July 17th. Finally, Weiss Ratings lowered shares of Blackstone Mortgage Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 29th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Blackstone Mortgage Trust has a consensus rating of “Moderate Buy” and an average price target of $20.75.

Blackstone Mortgage Trust Stock Performance

The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 24.48 and a beta of 0.90. The business has a fifty day moving average of $17.51 and a two-hundred day moving average of $18.62.

Blackstone Mortgage Trust (NYSE:BXMT) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.07). Blackstone Mortgage Trust had a net margin of 8.75% and a return on equity of 6.11%. The business had revenue of $158.06 million during the quarter, compared to the consensus estimate of $157.32 million. As a group, sell-side analysts predict that Blackstone Mortgage Trust, Inc. will post 1.21 EPS for the current fiscal year.

Blackstone Mortgage Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 12.6%. Blackstone Mortgage Trust’s dividend payout ratio is presently 308.20%.

Insider Activity

In related news, President Fernando Austin Pena sold 1,670 shares of Blackstone Mortgage Trust stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $17.07, for a total transaction of $28,506.90. Following the completion of the sale, the president owned 72,899 shares of the company’s stock, valued at approximately $1,244,385.93. The trade was a 2.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 5,420 shares of company stock worth $95,233. Company insiders own 1.18% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BXMT. Jones Financial Companies Lllp boosted its holdings in shares of 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 worth $34,000 after acquiring an additional 536 shares during the period. ORG Partners LLC acquired a new position in shares of Blackstone Mortgage Trust in the fourth quarter valued at approximately $41,000. Ascentis Independent Advisors bought a new position in shares of Blackstone Mortgage Trust during the first quarter worth approximately $41,000. UMB Bank n.a. increased its stake in shares of Blackstone Mortgage Trust by 151.1% during the fourth quarter. UMB Bank n.a. now owns 2,172 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 1,307 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in Blackstone Mortgage Trust during the 3rd quarter worth approximately $46,000. 64.15% of the stock is owned by institutional investors.

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.