
Blackstone Mortgage (BXMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Blackstone Mortgage Trust, Inc., a real estate financing company, originates senior secured commercial property loans in North America, Europe and Australia. The company is headquartered in New York, New York.
| Revenue (TTM) | $466.96M |
| Gross Profit (TTM) | $466.96M |
| EBITDA | — |
| Operating Margin | -6.14% |
| Return on Equity | 2.92% |
| Return on Assets | 0.52% |
| Revenue/Share (TTM) | $2.74 |
| Book Value | $19.96 |
| Price-to-Book | 0.82 |
| Price-to-Sales (TTM) | 6.00 |
| EV/Revenue | 31.97 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 9.70% |
| Quarterly Revenue Growth (YoY) | 34.90% |
| Shares Outstanding | $168.68M |
| Float | $159.49M |
| % Insiders | 1.31% |
| % Institutions | 67.76% |
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Blackstone Mortgage (BXMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.47 per share of class A common stock with respect to the second quarter of 2026. This dividend is payable on July 15, 2026, to stockholders of record as of the close of business on June 30, 2026. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates, acquires and manages senior loans and other debt or credit-oriented investments coll.

Blackstone Mortgage Trust fully supported its dividend with distributable earnings in Q1'26 when adjusted for loan losses. BXMT's strategic pivot away from office loans and into industrial and multi-family markets has narrowed its discount to book value to 11%. The 2024 dividend reset and portfolio restructuring have led to 17% per-share year-over-year growth in distributable earnings and improved balance sheet quality.

With $46M in charge-offs this quarter, CECL reserves are no longer just "paper losses"—they are crystallized hits to Blackstone Mortgage Trust's capital, proving that lent money is officially not coming back. Earnings of $0.21 per share significantly trail the $0.47 dividend. While the company highlights "distributable earnings," the persistent need for massive credit reserves suggests the current payout is increasingly fragile. Blackstone Mortgage Trust now holds over $1.15 billion in foreclosed real estate. Far from being a "hidden value" play, these assets are currently a "negative carry."

The iShares Mortgage Real Estate ETF (NYSEARCA:REM) gives income investors exposure to roughly two dozen mortgage REITs in a single ticker, smoothing out the cuts and surprises that routinely hit individual mREITs.

Blackstone Mortgage Trust maintains a near 10% dividend yield, fully covered by distributable earnings prior to realized gains and losses. BXMT's first quarter net revenue rose 25.6% to $159.42 million, driven by increased real estate owned (REO) activity after foreclosures. The mREIT is trading at a 6.3% discount to its first-quarter book value per share, with dividend coverage slipping and book value also on a sustained dip.

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company” or “BXMT”) today announced it has commenced a private offering of $450 million in aggregate principal amount of its senior secured notes due 2031 (the “Notes”). The Company intends to use the net proceeds of the Notes offering for general corporate purposes, including paying down existing secured indebtedness. The offering of the Notes and the related guarantees will be made in a private transaction in relian.

Blackstone Mortgage Trust, Inc. (BXMT) Q1 2026 Earnings Call Transcript

Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.17 per share a year ago.

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first-quarter 2026 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $6.3 million. First-quarter EPS, Distributable EPS, Distributable EPS prior to realized gains and losses, and dividends paid per basic share were $(0.04), $0.21, $0.49, and $0.47 respectively. Tim Johnson, Chief Executive Officer said, “BXMT's first quarter results clearly demonstrate the breadth of our.
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