(BXMT) Blackstone Mortgage Trust - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US09257W1009
Stock: Senior Loans, Commercial Real Estate, Floating Rate, First-Priority Mortgage
Total Rating 48
Risk 80
Buy Signal -0.24
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 9.80% |
| Yield on Cost 5y | 10.74% |
| Yield CAGR 5y | -6.69% |
| Payout Consistency | 58.0% |
| Payout Ratio | 3.1% |
| Risk 5d forecast | |
|---|---|
| Volatility | 26.8% |
| Relative Tail Risk | -0.65% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.52 |
| Alpha | 3.97 |
| Character TTM | |
|---|---|
| Beta | 0.696 |
| Beta Downside | 0.752 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.16% |
| CAGR/Max DD | 0.27 |
Description: BXMT Blackstone Mortgage Trust January 12, 2026
Blackstone Mortgage Trust, Inc. (BXMT) is a publicly traded real-estate investment trust that originates and acquires senior, floating-rate mortgage loans secured by first-priority liens on commercial properties across North America, Europe, and Australia. The firm, incorporated in 1998 and headquartered in New York, rebranded from Capital Trust in May 2013 and operates under the “Mortgage REIT” sub-industry classification.
As of the most recent filing, BXMT’s portfolio totals roughly $10 billion in loan assets with a weighted-average loan maturity of about 5.5 years, and its net asset value (NAV) per share has hovered near $15, reflecting modest sensitivity to interest-rate movements due to the floating-rate structure. Key sector drivers include the health of commercial-real-estate occupancy (especially office and industrial spaces) and broader macro-economic trends such as Fed policy and credit spreads, which together shape loan-originations and default risk.
For a deeper, data-rich dive into BXMT’s risk profile and valuation metrics, you may find ValueRay’s analytics platform worth exploring.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 107.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.69 > 1.0 |
| NWC/Revenue: 1913 % < 20% (prev 2728 %; Δ -814.4% < -1%) |
| CFO/TA 0.01 > 3% & CFO 224.1m > Net Income 107.2m |
| Net Debt (-377.9m) to EBITDA (315.6m): -1.20 < 3 |
| Current Ratio: 1.80 > 1.5 & < 3 |
| Outstanding Shares: last quarter (171.8m) vs 12m ago -1.05% < -2% |
| Gross Margin: 61.95% > 18% (prev 0.77%; Δ 6118 % > 0.5%) |
| Asset Turnover: 2.01% > 50% (prev 1.77%; Δ 0.23% > 0%) |
| Interest Coverage Ratio: -0.01 > 6 (EBITDA TTM 315.6m / Interest Expense TTM 1.04b) |
Altman Z'' 2.19
| A: 0.40 (Total Current Assets 17.75b - Total Current Liabilities 9.86b) / Total Assets 19.70b |
| B: -0.10 (Retained Earnings -1.91b / Total Assets 19.70b) |
| C: -0.00 (EBIT TTM -8.19m / Avg Total Assets 20.57b) |
| D: -0.12 (Book Value of Equity -1.89b / Total Liabilities 16.10b) |
| Altman-Z'' Score: 2.19 = BBB |
What is the price of BXMT shares?
As of February 07, 2026, the stock is trading at USD 19.61 with a total of 1,094,152 shares traded.
Over the past week, the price has changed by +1.87%, over one month by +1.45%, over three months by +10.62% and over the past year by +14.38%.
Over the past week, the price has changed by +1.87%, over one month by +1.45%, over three months by +10.62% and over the past year by +14.38%.
Is BXMT a buy, sell or hold?
Blackstone Mortgage Trust has received a consensus analysts rating of 3.75.
Therefor, it is recommend to hold BXMT.
- StrongBuy: 3
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BXMT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 20.9 | 6.8% |
| Analysts Target Price | 20.9 | 6.8% |
| ValueRay Target Price | 22.6 | 15% |
BXMT Fundamental Data Overview February 04, 2026
P/E Trailing = 31.0476
P/E Forward = 57.1429
P/S = 8.5324
P/B = 0.8992
P/EG = 254.8
Revenue TTM = 412.5m USD
EBIT TTM = -8.19m USD
EBITDA TTM = 315.6m USD
Long Term Debt = 6.26b USD (from longTermDebt, last quarter)
Short Term Debt = 9.54b USD (from shortLongTermDebt, last quarter)
Debt = 15.73b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -377.9m USD (from netDebt column, last quarter)
Enterprise Value = 18.71b USD (3.36b + Debt 15.73b - CCE 377.9m)
Interest Coverage Ratio = -0.01 (Ebit TTM -8.19m / Interest Expense TTM 1.04b)
EV/FCF = 83.47x (Enterprise Value 18.71b / FCF TTM 224.1m)
FCF Yield = 1.20% (FCF TTM 224.1m / Enterprise Value 18.71b)
FCF Margin = 54.32% (FCF TTM 224.1m / Revenue TTM 412.5m)
Net Margin = 25.99% (Net Income TTM 107.2m / Revenue TTM 412.5m)
Gross Margin = 61.95% ((Revenue TTM 412.5m - Cost of Revenue TTM 157.0m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 26.35%)
Tobins Q-Ratio = 0.95 (Enterprise Value 18.71b / Total Assets 19.70b)
Interest Expense / Debt = 1.57% (Interest Expense 247.1m / Debt 15.73b)
Taxrate = 2.33% (1.51m / 64.9m)
NOPAT = -8.00m (EBIT -8.19m * (1 - 2.33%)) [loss with tax shield]
Current Ratio = 1.80 (Total Current Assets 17.75b / Total Current Liabilities 9.86b)
Debt / Equity = 4.38 (Debt 15.73b / totalStockholderEquity, last quarter 3.59b)
Debt / EBITDA = -1.20 (Net Debt -377.9m / EBITDA 315.6m)
Debt / FCF = -1.69 (Net Debt -377.9m / FCF TTM 224.1m)
Total Stockholder Equity = 3.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.52% (Net Income 107.2m / Total Assets 19.70b)
RoE = 2.92% (Net Income TTM 107.2m / Total Stockholder Equity 3.67b)
RoCE = -0.08% (EBIT -8.19m / Capital Employed (Equity 3.67b + L.T.Debt 6.26b))
RoIC = -0.04% (negative operating profit) (NOPAT -8.00m / Invested Capital 19.68b)
WACC = 2.76% (E(3.36b)/V(19.08b) * Re(8.48%) + D(15.73b)/V(19.08b) * Rd(1.57%) * (1-Tc(0.02)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.40%
[DCF Debug] Terminal Value 86.21% ; FCFF base≈291.1m ; Y1≈287.4m ; Y5≈296.7m
Fair Price DCF = 55.09 (EV 8.86b - Net Debt -377.9m = Equity 9.24b / Shares 167.7m; r=5.90% [WACC]; 5y FCF grow -2.08% → 2.90% )
EPS Correlation: -61.64 | EPS CAGR: -9.79% | SUE: -2.87 | # QB: 0
Revenue Correlation: -20.83 | Revenue CAGR: -5.55% | SUE: 0.07 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.29 | Chg30d=-0.009 | Revisions Net=+1 | Analysts=7
EPS next Year (2026-12-31): EPS=1.43 | Chg30d=+0.003 | Revisions Net=+0 | Growth EPS=+69.2% | Growth Revenue=+5.9%
P/E Forward = 57.1429
P/S = 8.5324
P/B = 0.8992
P/EG = 254.8
Revenue TTM = 412.5m USD
EBIT TTM = -8.19m USD
EBITDA TTM = 315.6m USD
Long Term Debt = 6.26b USD (from longTermDebt, last quarter)
Short Term Debt = 9.54b USD (from shortLongTermDebt, last quarter)
Debt = 15.73b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -377.9m USD (from netDebt column, last quarter)
Enterprise Value = 18.71b USD (3.36b + Debt 15.73b - CCE 377.9m)
Interest Coverage Ratio = -0.01 (Ebit TTM -8.19m / Interest Expense TTM 1.04b)
EV/FCF = 83.47x (Enterprise Value 18.71b / FCF TTM 224.1m)
FCF Yield = 1.20% (FCF TTM 224.1m / Enterprise Value 18.71b)
FCF Margin = 54.32% (FCF TTM 224.1m / Revenue TTM 412.5m)
Net Margin = 25.99% (Net Income TTM 107.2m / Revenue TTM 412.5m)
Gross Margin = 61.95% ((Revenue TTM 412.5m - Cost of Revenue TTM 157.0m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 26.35%)
Tobins Q-Ratio = 0.95 (Enterprise Value 18.71b / Total Assets 19.70b)
Interest Expense / Debt = 1.57% (Interest Expense 247.1m / Debt 15.73b)
Taxrate = 2.33% (1.51m / 64.9m)
NOPAT = -8.00m (EBIT -8.19m * (1 - 2.33%)) [loss with tax shield]
Current Ratio = 1.80 (Total Current Assets 17.75b / Total Current Liabilities 9.86b)
Debt / Equity = 4.38 (Debt 15.73b / totalStockholderEquity, last quarter 3.59b)
Debt / EBITDA = -1.20 (Net Debt -377.9m / EBITDA 315.6m)
Debt / FCF = -1.69 (Net Debt -377.9m / FCF TTM 224.1m)
Total Stockholder Equity = 3.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.52% (Net Income 107.2m / Total Assets 19.70b)
RoE = 2.92% (Net Income TTM 107.2m / Total Stockholder Equity 3.67b)
RoCE = -0.08% (EBIT -8.19m / Capital Employed (Equity 3.67b + L.T.Debt 6.26b))
RoIC = -0.04% (negative operating profit) (NOPAT -8.00m / Invested Capital 19.68b)
WACC = 2.76% (E(3.36b)/V(19.08b) * Re(8.48%) + D(15.73b)/V(19.08b) * Rd(1.57%) * (1-Tc(0.02)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.40%
[DCF Debug] Terminal Value 86.21% ; FCFF base≈291.1m ; Y1≈287.4m ; Y5≈296.7m
Fair Price DCF = 55.09 (EV 8.86b - Net Debt -377.9m = Equity 9.24b / Shares 167.7m; r=5.90% [WACC]; 5y FCF grow -2.08% → 2.90% )
EPS Correlation: -61.64 | EPS CAGR: -9.79% | SUE: -2.87 | # QB: 0
Revenue Correlation: -20.83 | Revenue CAGR: -5.55% | SUE: 0.07 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.29 | Chg30d=-0.009 | Revisions Net=+1 | Analysts=7
EPS next Year (2026-12-31): EPS=1.43 | Chg30d=+0.003 | Revisions Net=+0 | Growth EPS=+69.2% | Growth Revenue=+5.9%