Blackstone Mortgage Trust, Inc. (BXMT)
NYSE: BXMT · Real-Time Price · USD
18.51
-0.05 (-0.27%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Blackstone Mortgage Trust Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for BXMT stock have an average target of 20.36, with a low estimate of 17.5 and a high estimate of 23. The average target predicts an increase of 9.99% from the current stock price of 18.51.
Analyst Consensus: Buy
* Price targets were last updated on Sep 20, 2024.
Analyst Ratings
The average analyst rating for BXMT stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 6 | 7 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 10 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $19 → $22 | Buy | Maintains | $19 → $22 | +18.85% | Sep 20, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +2.65% | Jul 25, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jul 23, 2024 |
| BTIG | BTIG | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +24.26% | Jul 19, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 25, 2024 |
Financial Forecast
Revenue This Year
508.51M
Revenue Next Year
476.33M
from 508.51M
Decreased by -6.33%
EPS This Year
1.55
from 1.43
Increased by 8.82%
EPS Next Year
1.45
from 1.55
Decreased by -6.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 579.1M | 561.5M | 577.2M |
| Avg | 508.5M | 476.3M | 513.5M |
| Low | 461.8M | 419.7M | 448.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 10.4% | 21.2% |
| Avg | - | -6.3% | 7.8% |
| Low | - | -17.5% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.06 | 2.09 | 2.18 |
| Avg | 1.55 | 1.45 | 1.79 |
| Low | 1.09 | 0.13 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 44.1% | 34.5% | 50.9% |
| Avg | 8.8% | -6.9% | 23.3% |
| Low | -23.8% | -91.8% | -8.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.