Blackstone Mortgage Trust, Inc. (BXMT)
NYSE: BXMT · IEX Real-Time Price · USD
18.25
-0.88 (-4.60%)
At close: Apr 24, 2024, 4:00 PM
18.50
+0.25 (1.37%)
After-hours: Apr 24, 2024, 7:51 PM EDT
Blackstone Mortgage Trust Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for BXMT stock have an average target of 20.83, with a low estimate of 18.5 and a high estimate of 22. The average target predicts an increase of 14.14% from the current stock price of 18.25.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BXMT stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 4 | 4 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $24 → $22 | Strong Buy | Maintains | $24 → $22 | +20.55% | Apr 17, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $21 → $21 | Hold | Maintains | $21 → $21 | +12.33% | Apr 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $19 → $19 | Hold | Maintains | $19 → $19 | +1.37% | Apr 10, 2024 |
| UBS | UBS | Hold Maintains $22 → $21 | Hold | Maintains | $22 → $21 | +15.07% | Mar 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $22 → $21 | Strong Buy → Hold | Downgrades | $22 → $21 | +15.07% | Mar 4, 2024 |
Financial Forecast
Revenue This Year
588.52M
from 670.67M
Decreased by -12.25%
Revenue Next Year
570.06M
from 588.52M
Decreased by -3.14%
EPS This Year
2.08
from 1.43
Increased by 45.31%
EPS Next Year
2.43
from 2.08
Increased by 16.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 627.0M | 595.7M | 582.5M |
| Avg | 588.5M | 570.1M | 565.9M |
| Low | 556.6M | 535.4M | 543.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.5% | 1.2% | 2.2% |
| Avg | -12.2% | -3.1% | -0.7% |
| Low | -17.0% | -9.0% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.65 | 2.68 | 2.57 |
| Avg | 2.08 | 2.43 | 2.50 |
| Low | 1.54 | 1.91 | 2.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 85.0% | 28.9% | 5.9% |
| Avg | 45.3% | 16.9% | 2.9% |
| Low | 7.6% | -8.0% | -1.2% |
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.