Blackstone Mortgage Trust, Inc. BXMT
Real Estate Investment Trusts · data as of November 13, 2026
Blackstone Mortgage Trust, Inc. (BXMT) is a real estate company listed in the US with a market value of about $1.8B. In the twelve months to September 30, 2026 it had revenue of $95M and net income of -$375M, a net margin of -395.8%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is future growth (3/5); the weakest is track record (0/5).
Key numbers: a price to free cash flow of 5.0, 5-year revenue growth of -39% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 73% below the current price.
Score: 1.6 / 5
Checks passed
- P/FCF below 20
- Revenue growth above 10% last year
- Profit margin improving
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
- Positive free cash flow
- Pays a dividend
- Dividend 3 years in a row
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $95M | $66M | $9M | $1.3B | $1.3B | $855M | $780M | $883M | $756M | $538M | $498M |
| Net income | -$375M | $110M | -$204M | $247M | $249M | $419M | $138M | $306M | $285M | $218M | $238M |
| Free cash flow | $353M | $276M | $366M | $459M | $397M | — | — | — | — | — | — |
| EPS (diluted) | $-2.24 | $0.64 | $-1.17 | $1.43 | $1.46 | $2.77 | $0.97 | $2.35 | $2.50 | $2.27 | $2.53 |
| Net margin | -395.8% | 165.5% | -2322.1% | 18.3% | 19.8% | 49.0% | 17.7% | 34.6% | 37.7% | 40.5% | 47.9% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $14.50, 36% above the current price; targets range from $11.00 to $23.00; the consensus rating is “Buy”; expected EPS is $1.22 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Blackstone Mortgage Trust stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 73% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Blackstone Mortgage Trust pay a dividend?
Yes. The dividend yield is about 17.08%, and it has paid dividends for 10 years in our data.
Is Blackstone Mortgage Trust a good stock to buy?
We do not give buy or sell advice. Blackstone Mortgage Trust scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.