Blackstone Mortgage Trust Inc
Blackstone Mortgage Trust Inc (BXMT) is listed on NYSE and classified in REIT - Mortgage, part of the Real Estate sector. It is headquartered in New York, United States. The company is worth $1.78B and trades at 132.3x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $66.22M in fiscal 2025, up 653.4% from the year before. Net income was $109.57M. The share price is 48.8% below its 52-week high of $20.67. It pays a dividend yielding 17.77%. 3 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $3M. In that quarter, 1 of them reduced the position. Over the last 30 days, company insiders sold $20.09K of its stock on the open market and bought none.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -64.9% over 5Y.
today you would have $550.30▼ -45.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $19.13 | $17.41 | $21.27 | $21.17 | $30.62 | $27.53 | $37.22 | $31.86 | $32.18 | $30.07 | $26.76 | $29.14 | $27.13 | $21.00 | $22.50 | $15.50 | $12.70 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 17.8% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
Median P/E of 14.3 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| ARRArmour Residential REIT, Inc. | $12.69 | 3.1x | 0.7x | 22.70% | 20.33% | $1.8B |
| GTYGetty Realty Corp | $28.45 | 16.6x | 1.6x | 6.82% | 9.46% | $1.76B |
| NTSTNETSTREIT Corp. | $17.02 | 77.4x | 1.1x | 5.29% | 0.96% | $1.73B |
| DHCDiversified Healthcare Trust | $7.59 |
| 14.3x |
| 29.9x |
| — |
| 14.9x |
| 14.5x |
| 11.1x |
| 28.4x |
| 15.8x |
| 12.7x |
| 14.2x |
| 11.9x |
| 11.1x |
| 15.7x |
| 33.5x |
| 0.3x |
| 0.2x |
| — |
| — |
| P/S | 2.7x | 48.7x | 339.9x | 2.7x | 2.9x | — | — | — | — | — | — | — | — | — | — | 1.4x | 0.7x | 0.5x |
| P/B | 1.1x | 0.9x | 0.8x | 0.8x | 0.8x | 1.1x | 1.0x | 1.3x | 1.2x | 1.2x | 1.1x | 1.0x | 1.2x | 1.5x | 0.8x | — | — | — |
| EPS | $0.64 | -$1.17 | $1.43 | $1.46 | $2.77 | $0.97 | $2.35 | $2.50 | $2.27 | $2.53 | $2.41 | $1.86 | $0.81 | $73.13 | $107.78 | -$82.80 | -$257.60 |
| Dividend yield | 8.38% | 9.83% | 12.52% | 11.66% | 11.71% | 8.10% | 9.01% | 6.66% | 7.78% | 7.71% | 8.25% | 8.52% | 6.79% | 2.65% | 95.24% | — | — | — |
| Payout | 105.53% | 293.75% | — | 173.43% | 169.86% | 89.53% | 255.67% | 105.53% | 99.20% | 109.25% | 98.02% | 94.61% | 106.45% | 88.89% | 27.35% | — | — | — |
| Profit margin | 18.32% | 165.47% | -2322.08% | 18.32% | 19.79% | — | — | — | — | — | — | — | — | — | — | 731.24% | -372.37% | -1036.78% |
| ROE | 6.81% | 3.13% | -5.39% | 5.64% | 5.50% | 9.14% | 3.54% | 8.12% | 8.47% | 7.48% | 9.56% | 7.90% | 6.14% | 2.09% | 246.48% | — | — | — |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 8.8% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
+13.2% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 1.2x |
| 0.53% |
| -15.47% |
| $1.84B |
| RLJRLJ Lodging Trust | $12.14 | — | 1.0x | 4.94% | 1.26% | $1.86B |
| FRMIFermi Inc. | $2.65 | — | 1.6x | 0.00% | — | $1.7B |