Blackstone Mortgage Trust, Inc. (BXMT)
NYSE: BXMT · Real-Time Price · USD
18.56
-0.09 (-0.48%)
Nov 20, 2024, 4:00 PM EST - 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 9.70% from the current stock price of 18.56.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 7 | 7 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 10 | 10 | 9 | 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 | +18.53% | Sep 20, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +2.37% | 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 | +23.92% | 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
503.58M
Revenue Next Year
475.61M
from 503.58M
Decreased by -5.55%
EPS This Year
0.47
from 1.43
Decreased by -67.22%
EPS Next Year
1.48
from 0.47
Increased by 215.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 579.1M | 561.5M | 589.5M |
| Avg | 503.6M | 475.6M | 529.4M |
| Low | 462.4M | 408.1M | 448.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.5% | 23.9% |
| Avg | - | -5.6% | 11.3% |
| Low | - | -19.0% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.68 | 1.94 | 2.14 |
| Avg | 0.47 | 1.48 | 1.84 |
| Low | -0.25 | 0.95 | 1.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.7% | 315.0% | 45.2% |
| Avg | -67.2% | 215.2% | 24.5% |
| Low | - | 103.1% | -7.7% |
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.