Short Interest in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Drops By 33.3%

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 8,385,100 shares, a decline of 33.3% from the March 31st total of 12,576,160 shares. Approximately 5.0% of the company’s shares are sold short. Based on an average trading volume of 1,505,012 shares, the short-interest ratio is presently 5.6 days.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Zacks Research cut shares of Blackstone Mortgage Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. JPMorgan Chase & Co. dropped their target price on shares of Blackstone Mortgage Trust from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Thursday. BTIG Research reiterated a “buy” rating and issued a $23.00 price target on shares of Blackstone Mortgage Trust in a research note on Tuesday, February 10th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Blackstone Mortgage Trust from $21.00 to $21.50 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $21.13.

Blackstone Mortgage Trust Trading Down 0.6%

NYSE:BXMT traded down $0.12 during mid-day trading on Thursday, reaching $18.97. The company’s stock had a trading volume of 2,301,710 shares, compared to its average volume of 1,475,852. Blackstone Mortgage Trust has a 12-month low of $17.67 and a 12-month high of $20.67. The firm’s fifty day moving average price is $19.28 and its two-hundred day moving average price is $19.23. The stock has a market cap of $3.20 billion, a P/E ratio of 31.09 and a beta of 1.00.

Blackstone Mortgage Trust (NYSE:BXMT) last issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.17). Blackstone Mortgage Trust had a return on equity of 6.11% and a net margin of 8.75%.The business had revenue of $159.42 million during the quarter, compared to analysts’ expectations of $121.37 million. Analysts predict that Blackstone Mortgage Trust will post 1.53 earnings per share for the current fiscal year.

Blackstone Mortgage Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 9.9%. Blackstone Mortgage Trust’s dividend payout ratio is presently 289.23%.

Insiders Place Their Bets

In other news, President Fernando Austin Pena sold 1,666 shares of the business’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $18.88, for a total transaction of $31,454.08. Following the sale, the president owned 76,967 shares in the company, valued at approximately $1,453,136.96. The trade was a 2.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.02% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Blackstone Mortgage Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in Blackstone Mortgage Trust by 36.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 578,444 shares of the real estate investment trust’s stock worth $10,649,000 after purchasing an additional 155,421 shares during the period. Bright Futures Wealth Management LLC. bought a new position in Blackstone Mortgage Trust in the 3rd quarter worth approximately $2,991,000. Bamco Inc. NY boosted its stake in Blackstone Mortgage Trust by 6.4% in the 3rd quarter. Bamco Inc. NY now owns 1,696,314 shares of the real estate investment trust’s stock worth $31,229,000 after purchasing an additional 101,701 shares during the period. Van ECK Associates Corp boosted its stake in Blackstone Mortgage Trust by 9.0% in the 3rd quarter. Van ECK Associates Corp now owns 865,464 shares of the real estate investment trust’s stock worth $15,933,000 after purchasing an additional 71,584 shares during the period. Finally, SG Americas Securities LLC boosted its stake in Blackstone Mortgage Trust by 2,836.1% in the 4th quarter. SG Americas Securities LLC now owns 214,626 shares of the real estate investment trust’s stock worth $4,106,000 after purchasing an additional 207,316 shares during the period. 64.15% of the stock is owned by hedge funds and other institutional investors.

Blackstone Mortgage Trust News Summary

Here are the key news stories impacting Blackstone Mortgage Trust this week:

• Positive Sentiment: Company outlined an over $1 billion Q2 lending pipeline and reiterated strategic push to grow net-lease exposure toward ~10% of the portfolio over time — a sign of deal flow and deliberate portfolio diversification that can support future earnings and dividend coverage. Blackstone Mortgage Trust outlines over $1B Q2 pipeline while targeting net lease at 10% of portfolio over time
• Positive Sentiment: Company and filings show solid operating metrics: revenue materially beat estimates (reported ~$159M vs. ~$121M expected) and management kept the quarterly dividend ($0.47), with distributable EPS measures that investors track reported positively on an adjusted basis — supportive for yield-focused REIT holders. Blackstone Mortgage Trust Reports First-Quarter 2026 Results
• Neutral Sentiment: JPMorgan trimmed its price target to $20 from $21 but kept an Overweight rating — this lowers near-term upside expectations but maintains institutional confidence in BXMT’s outlook. Benzinga
• Neutral Sentiment: Management commentary and the earnings-call transcript provide context on credit performance, portfolio positioning and capital deployment priorities; useful for assessing forward earnings quality but not an immediate price catalyst. Blackstone Mortgage Trust, Inc. (BXMT) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Reported EPS figures have mixed presentations: certain GAAP/period metrics showed misses (one report cites EPS of $0.21 vs. a consensus of $0.38; the company also reported a small net loss attributable of $6.3M), creating confusion and short-term selling pressure as investors parse which earnings measure to weight. MarketBeat earnings summary

Blackstone Mortgage Trust Company Profile

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.