Blackstone Mortgage Trust stock
BXMTNYSEBlackstone Mortgage Trust, Inc., Real EstateISIN US09257W1009
38Score 38 out of 100, Weak
Price and trend
41 / 100
Price history
−41% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 34% below it.
Since May 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 54).
The price is 48% below its 52-week high. Largest decline in 20 years: 98% (February 2007 to March 2009).
Chart figures for advanced users
- SMA 50$11.74
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$16.34
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)54
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$10.20
- The lowest closing price of the last twelve months.
- Resistance$20.63
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Blackstone Mortgage Trust, Inc. belongs to the REIT (Mortgage) industry (United States) and, with a market value of $1.8B, is number 5 of 19 companies in its industry on MEQIRI.
- For fiscal 2026, analysts expect on average revenue of $606.34M (up 14%) and adjusted earnings per share of $1.12 (up 1.1%).
- MEQIRI Score 38 out of 100 (Weak): rank 301 of 327 in Real Estate, median 55.
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- For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
- Our model puts fair value at $17.09, with the price 36% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
None of our strength checks applies.
Weaknesses
- Interest barely coveredOperating profit covers interest only 1.1 times.Stability 45
- Dividend at riskDividend yield 17.1%. At yields this high (15% or more), the dividend was cut by at least a fifth within a year in 69 of 100 cases from 2011 to 2025, against 7 of 100 at 2 to 4%.Capital allocation 20
- Loss-makingLoss of $375.05M over the last 12 months.Fundamentals 67
Its standout strength is valuation, while capital allocation and profitability hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- price far below its 52-week high
- weak momentum
What lowers it
- price not overheated over the past year
- calm price action
Valuation
Valuation signal
Possible value trapClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $12.21 and expensive above $28.49 (uncertainty high, mortgage REIT, the fair value is book value alone).
Possible value trap: looks cheap, but score below 50, weak growth.
Valuation metrics
For mortgage REITs the fair value is book value per share: equity excluding preferred stock from the latest balance sheet, divided by the shares on the same date. The signal therefore assumes at least high uncertainty.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 24.2% on the twelve months before. Revenue has grown strongly since 2013, at around 25% per year. From 2013 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 34%, operating 205%, net 21%. Last 12 months: net −62%. From 2013 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 10 Feb 2027in 90 days
- Last reported
- 29 Oct 2026EPS reported $0.38 (expected $0.24)above expectations
Analyst estimates
Analysts have cut their 2027 earnings estimate by 35.8% since 15 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $1.12+7.9%
- Revenue
- $606.34M−1.3%
- Earnings per share
- $0.90−35.8%
- Revenue
- $555.89M−2.2%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook lowered
Share price after the results: +4.2%Blackstone Mortgage Trust cut its dividend to $0.30 per share and expects earnings pressure in the fourth quarter and in 2027 from new loan impairments and lower yielding owned real estate assets.
The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
2 insiders bought on the open market in the last 6 months, $1.29M in total. 2 insiders sold, $142,053 in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Nassau Henry NPurchase
4 Nov 2026, Board
- Shares
- 10,000
- Price
- $11.43
- Value
- $114,291
- Johnson Timothy StevenPurchase
4 Nov 2026, Chief Executive Officer
- Shares
- 90,000
- Price
- $11.50
- Value
- $1.04M
- Pena Fernando AustinSale
30 Sept 2026, President
- Shares
- 1,725
- Price
- $11.65
- Value
- $20,091
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- Urbaszek MarcinSale
17 Sept 2026, Chief Financial Officer
- Shares
- 864
- Price
- $13.42
- Value
- $11,597
- Pena Fernando AustinSale
17 Sept 2026, President
- Shares
- 1,127
- Price
- $13.42
- Value
- $15,129
- Nassau Henry NPurchase
4 Aug 2026, Board
- Shares
- 10,000
- Price
- $14.34
- Value
- $143,357
- Pena Fernando AustinSale
30 Jun 2026, President
- Shares
- 1,670
- Price
- $17.07
- Value
- $28,509
- Pena Fernando AustinSale
25 Jun 2026, President
- Shares
- 2,398
- Price
- $17.48
- Value
- $41,917
- Urbaszek MarcinSale
17 Jun 2026, Chief Financial Officer
- Shares
- 1,352
- Price
- $18.35
- Value
- $24,809
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Blackstone Mortgage Trust
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
327 rated companies in Real Estate
- This company
- 38
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in REIT (Mortgage)
The next larger and next smaller companies by market value
- Annaly Capital ManagementNLY $14.44B51
- AGNC InvestmentAGNC $10.8B41
- Starwood Property TrustSTWD $4.36B34
- Dynex CapitalDX $2.71B42
- ARMOUR Residential REITARR $1.72B31
- Ellington FinancialEFC $1.45B56
- Ladder CapitalLADR $1.09B48
- Orchid Island CapitalORC $926.36M45
ETFs that hold Blackstone Mortgage Trust
Held by 14 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Global X Superdividend UCITS ETF USDUDIV | 0.65% | 0.45% | €842.65M |
| iShares S&P SmallCap 600 UCITS ETFIUS3 | 0.10% | 0.30% | €2.28B |
| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.06% | 0.30% | €2.17B |
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| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.06% | 0.30% | €4.22B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.05% | 0.30% | €185.82M |
| State Street SPDR MSCI USA Small Cap Value Weighted UCITS ETFZPRV | 0.04% | 0.30% | €944.34M |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.03% | 0.43% | €2.48B |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.02% | 0.45% | €1.53B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 30 Apr 2024)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.