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
Target Low Average Median High
Price $17.5 $20.36 $21 $23
Change -5.46% +9.99% +13.45% +24.26%
* 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 '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 112222
Buy 111111
Hold 567766
Sell 000000
Strong Sell 000000
Total 78101099

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
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----508.51M476.33M513.48M
Revenue Growth
6.98%-37.64%109.56%-24.86%1.04%--6.33%7.80%
EPS
2.350.972.771.461.431.551.451.79
EPS Growth
-6.18%-58.67%184.95%-47.33%-2.01%8.82%-6.87%23.35%
Forward PE
-----11.9112.7910.37
No. Analysts -----11105
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High -
10.4%
21.2%
Avg -
-6.3%
7.8%
Low -
-17.5%
-6.0%

EPS Forecast

EPS 202420252026
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 202420252026
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.