Is Blackstone Mortgage Trust (BXMT) overvalued or fairly valued?

MarketChacha shows Blackstone Mortgage Trust's valuation in context — a trailing P/E of about 45.1, a forward P/E of about 8.6, a price-to-book of about 0.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Blackstone Mortgage Trust's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (7.24×) from reported figures — education, not a rating.

What is the share price of Blackstone Mortgage Trust (BXMT)?

Blackstone Mortgage Trust last traded at $16.70 (-0.5% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Blackstone Mortgage Trust

BXMT · NYSE · Financials · United States

$16.70-0.5%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:34 PM

Snapshot

TickerBXMT

ExchangeNYSE

SectorFinancials

IndustryREIT - Mortgage

CountryUnited States

HeadquartersNew York, United States

Market cap$2.8B

P/E (TTM)45.1

P/B0.8

Volume715.69K

Websitewww.blackstonemortgagetrust.com

Filings tracked5

About Blackstone Mortgage Trust

Blackstone Mortgage Trust, Inc., a real estate finance company, originates, acquires, and manages loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate. The company's investment portfolio consists of senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets. It has operations in the United States, the United Kingdom, Ireland, Australia, Spain, Sweden, Canada, rest of Europe, and internationally. It operates as a real estate investment trust for federal income tax purposes. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was incorporated in 1998 and is headquartered in New York, New York.

Profile as reported by Yahoo Finance.

Who owns it

Insiders1.3%
Institutions67.7%
Public & other30.9%

427 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.14.49%
Blackstone Inc5.50%
Vanguard Portfolio Management LLC5.21%
Vanguard Capital Management LLC4.28%
State Street Corporation3.64%
Geode Capital Management, LLC2.30%
Charles Schwab Investment Management, Inc.1.46%
UBS Group AG1.36%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Latest ROE of 3.1% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion7.24×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Return on equity3.1%

Latest ROE of 3.1% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $94.0M · EPS 0.36

Est. earnings growth +48.4%

Next fiscal year

Rev $345.0M · EPS 1.95

Est. earnings growth +36.9%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$16.6252-wk range$20.67

Delayed · as reported by Yahoo Finance

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$2.8B

Day change

-0.5%

P/E (TTM)

45.1

Fwd P/E

8.6

P/B

0.8

Div yield

11.20%

Beta

0.94

ROE

3.1%

Profit CAGR (2y)

-33.3%

EPS (FY2025)

0.64

Net profit (FY2025)

$109.6M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about BXMT

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Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$109.6M	0.64	3.1%
FY2024	$-204.1M	-1.17	-5.4%
FY2023	$246.6M	1.43	5.6%

Quarterly

Period	Net profit	EPS
2026Q1	$-6.3M	-0.04
2025Q3	$63.4M	0.37
2025Q2	$7.0M	0.04
2025Q1	$-357,000	0.00
2024Q3	$-56.4M	-0.32
2024Q2	$-61.1M	-0.35
2024Q1	$-123.8M	-0.71
2023Q3	$29.5M	0.17
2023Q2	$101.7M	0.58
2023Q1	$117.8M	0.67

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Shareholder vote results
SEC6/26/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC5/19/2026material
8-K — Other events, Exhibits
SEC5/6/2026material
10-Q filing
SEC4/29/2026
8-K — Results of operations, Exhibits
SEC4/29/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.