Exceptional negative changes in Blackstone Mortgage Trust Inc (NYSE: BXMT) fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BXMT is expected to continue to be an important Value Builder.
Blackstone Mortgage Trust has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Blackstone Mortgage Trust has a very high Appreciation Score of 88 but a slightly negative Power Rating of 34, leading to the High Neutral Value Trend Rating.
Recent Price Action
Blackstone Mortgage Trust Inc (NYSE: BXMT) stock closed at $18.98 on 11/8/24 after a slight gain of 0.2%. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 4.2% during the last week.
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