Blackstone Mortgage Trust, Inc. (BXMT)
NYSE: BXMT · IEX Real-Time Price · USD
17.27
+0.14 (0.82%)
Jul 2, 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 19.93, with a low estimate of 17.5 and a high estimate of 22. The average target predicts an increase of 15.40% from the current stock price of 17.27.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BXMT stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 4 | 4 | 5 | 5 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 25, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $18 | Hold | Maintains | $18 | +4.23% | Jun 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $21 → $18 | Hold | Maintains | $21 → $18 | +4.23% | Apr 26, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $19 → $18 | Hold | Maintains | $19 → $18 | +1.33% | Apr 25, 2024 |
| UBS | UBS | Hold Maintains $21 → $19 | Hold | Maintains | $21 → $19 | +10.02% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
549.25M
from 670.67M
Decreased by -18.10%
Revenue Next Year
545.75M
from 549.25M
Decreased by -0.64%
EPS This Year
1.71
from 1.43
Increased by 19.42%
EPS Next Year
1.95
from 1.71
Increased by 14.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 585.9M | 596.4M | 637.4M |
| Avg | 549.3M | 545.8M | 580.6M |
| Low | 515.9M | 493.9M | 520.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -12.6% | 8.6% | 16.8% |
| Avg | -18.1% | -0.6% | 6.4% |
| Low | -23.1% | -10.1% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.18 | 2.54 | 2.60 |
| Avg | 1.71 | 1.95 | 2.19 |
| Low | 1.26 | 1.46 | 1.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 52.7% | 48.8% | 33.4% |
| Avg | 19.4% | 14.3% | 12.4% |
| Low | -11.6% | -14.5% | -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.