Weekly Research Analysts’ Ratings Updates for Blackstone Mortgage Trust (BXMT)

A number of firms have modified their ratings and price targets on shares of Blackstone Mortgage Trust (NYSE: BXMT) recently:

• 8/3/2026 – Blackstone Mortgage Trust had its price target lowered by Wells Fargo & Company from $22.00 to $18.00. They now have an “overweight” rating on the stock.
• 8/1/2026 – Blackstone Mortgage Trust was downgraded by Wall Street Zen from “hold” to “sell”.
• 7/31/2026 – Blackstone Mortgage Trust was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 7/31/2026 – Blackstone Mortgage Trust had its price target lowered by JPMorgan Chase & Co. from $19.00 to $18.00. They now have an “overweight” rating on the stock.
• 7/31/2026 – Blackstone Mortgage Trust had its “market perform” rating reaffirmed by Keefe, Bruyette & Woods. They now have a $16.00 price target on the stock, down from $20.00.
• 7/17/2026 – Blackstone Mortgage Trust had its price target lowered by JPMorgan Chase & Co. from $20.00 to $19.00. They now have an “overweight” rating on the stock.
• 6/29/2026 – Blackstone Mortgage Trust was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 6/26/2026 – Blackstone Mortgage Trust had its price target lowered by Keefe, Bruyette & Woods from $20.50 to $20.00. They now have an “outperform” rating on the stock.

Blackstone Mortgage Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 13.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Blackstone Mortgage Trust’s dividend payout ratio (DPR) is presently 2,088.89%.

Insider Activity at Blackstone Mortgage Trust

In other news, President Fernando Austin Pena sold 1,670 shares of Blackstone Mortgage Trust stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $17.07, for a total value of $28,506.90. Following the completion of the sale, the president directly owned 72,899 shares in the company, valued at $1,244,385.93. The trade was a 2.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 5,420 shares of company stock valued at $95,233 in the last three months. Insiders own 1.18% of the company’s stock.

Blackstone Mortgage Trust, Inc (NYSE: BXMT) is a publicly traded real estate finance company that originates, acquires and manages commercial mortgage loans and other CRE debt investments. As an externally managed real estate investment trust (REIT), it seeks to generate attractive risk-adjusted returns through the deployment of senior floating-rate and fixed-rate loans backed by income-producing properties.

The firm’s core business activities span the origination of senior mortgage loans, the acquisition of loan portfolios and other real estate debt instruments, and the active management of those investments.