Keefe, Bruyette & Woods Reiterates Buy Rating on Blackstone Mortgage Trust
The firm maintains its buy rating and sets a $20 price target for BXMT, a 17.99% upside from the current price.
Key Points
- Keefe, Bruyette & Woods reiterated its buy rating on Blackstone Mortgage Trust with a $20 price target on June 26, 2026.
- Keefe, Bruyette & Woods's $20 price target implies 17.99% upside from Blackstone Mortgage Trust, Inc.'s ($BXMT) current $16.95 share price.
- Shares of NYSE:BXMT traded near $17.35 on Friday, with a market cap of about $2.93 billion and a forward P/E of 8.93.
- Analysts have a consensus buy rating on BXMT with a mean target price of $20.94 among 8 opinions.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 26, 2026, Keefe, Bruyette & Woods reiterated its buy rating on Blackstone Mortgage Trust, Inc. (NYSE:BXMT), setting a price target of $20. Analyst Jade Rahmani continues to see potential in the stock, which traded around $17.35 on Friday.
Keefe, Bruyette & Woods vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Blackstone Mortgage Trust, Inc. Stock Up 23.5%
Shares of NYSE:BXMT traded near $17.35 on Friday. Blackstone Mortgage Trust has a market cap of approximately $2.93 billion, with a P/E ratio of 28.92 and a forward P/E of 8.93. The stock has a 52-week low of $17.11 and a high of $20.67, with a 50-day moving average of $18.67 and a 200-day moving average of $19.02. The company maintains a high debt-to-equity ratio of 465.17.
$BXMT price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Blackstone Mortgage Trust reported revenue of about $467 million, showing a growth of 34.9%. The company has a net margin of 22.2% and a return on equity of 2.92%. Its next earnings report is expected on July 29, 2026.
Dividend
Blackstone Mortgage Trust offers an annual dividend rate of $1.88, yielding 10.84%. The dividend payout ratio is a high 313.33%.
Insider Buying and Selling at Blackstone Mortgage Trust, Inc.
Chief Financial Officer Marcin Urbaszek sold 1,352 shares at an average price of $18.35 on June 17, 2026, under a Rule 10b5-1 plan. Earlier, on April 15, 2026, several insiders, including Lynne Sagalyn and Nnenna Lynch, purchased shares at $20.12.
Analysts Set New Price Targets
On June 26, 2026, Keefe, Bruyette & Woods maintained its buy rating with a $20 target. Earlier, on June 2, 2026, UBS upgraded the stock to a buy with a $21 target. The consensus among analysts is a buy, with a mean target price of $20.94 based on 8 opinions.
About Blackstone Mortgage Trust
Blackstone Mortgage Trust, Inc. is a real estate finance company headquartered in New York, NY. It focuses on originating and managing loans secured by commercial real estate. The company operates internationally and functions as a real estate investment trust for tax purposes. Led by CEO Timothy S. Johnson, Blackstone Mortgage Trust was incorporated in 1998.
Bottom Line
Keefe, Bruyette & Woods' reiterated buy rating for Blackstone Mortgage Trust highlights ongoing interest in the real estate finance sector. Investors track these updates for insight into market sentiment and potential stock performance. As always, remember that analyst ratings are based on past data and should be one of many factors in investment decisions.
Get Blackstone Mortgage Trust, Inc. alerts
New 13F filings, insider trades, and analyst moves on $BXMT, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.