BLACKSTONE MORTGAGE TRUST REIT CLA (BXMT)
Financials · Commercial mortgage REITs / Real estate debt finance · NYSE
A REIT that originates and manages senior commercial mortgage loans across North America, Europe, and Australia, leveraging Blackstone's $319+ billion real estate platform for underwriting and portfolio management.
What BLACKSTONE MORTGAGE TRUST REIT CLA does
Blackstone Mortgage Trust is a real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by commercial real estate in North America, Europe, and Australia. The company finances its investments through secured credit facilities, collateralized loan obligations (CLOs), securitization transactions, and asset-level financing. Operating as a REIT and externally managed by BXMT Advisors L.L.C. (a Blackstone subsidiary), the company benefits from Blackstone Real Estate's market-leading expertise and extensive network of $319.3 billion in investor capital.
Themes: ["Commercial real estate debt financing","REIT / real estate investment trust","Senior mortgage lending","Real estate securitization"]
Fundamentals
- Price$16.87 as of 2026-07-09 close
- Market cap$2.9B as of 2026-07-10
- 1-year return-14.8% as of 2026-07-09 close
- P/E27.59 as of 2026-07-10
- Net margin+6.7% as of 2026-07-10
- Gross margin+33.5% as of 2026-07-10
- ROE+2.9% as of 2026-07-10
- Debt / equity4.66 as of 2026-07-10
- Revenue growth (YoY)-6.7% as of 2026-07-10
- Beta0.96 as of 2026-07-10
Dividend: yield +11.1%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Real estate credit risk: portfolio concentrated in commercial mortgage loans with exposure to borrower defaults and property value declines in major markets","Interest rate and refinancing risk: rising interest rates impact borrower ability to refinance and reduce spread on floating-rate investments","Leverage and liquidity risk: company relies on secured credit facilities, CLOs, and securitizations to finance $17.6 billion loan portfolio; tightening credit markets could impair access to financing"]
Competitors & peers
- Chimera Investment Corporation (CIM)
- New York Mortgage Trust (NYMT)
- Ready Capital Corporation (RC)
- Invesco Mortgage Capital (IVR)
- ARMOUR Residential REIT (ARR)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.