Keefe, Bruyette & Woods cuts target to USD 13 for Blackstone Mortgage Trust stock

Published on 10/20/2026 at 19:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The next results for BXMT are due October 29, 2026. Blackstone Mortgage Trust stock costs EUR 9.16 in Germany on October 20, 2026 at 7:29 p.m. CEST.

Analyst target and reporting date

Keefe, Bruyette & Woods cut its target to USD 13.00 on October 9, 2026.
Blackstone Mortgage Trust will publish third-quarter 2026 results on October 29, 2026.
Blackstone Mortgage Trust stock costs EUR 9.16 at Lang & Schwarz on October 20, 2026 at 7:29 p.m. CEST.

BXMT, US09257W1009, Illustration mit AI erstellt.

On October 9, 2026, Keefe, Bruyette & Woods cut its price target for Blackstone Mortgage Trust from USD 16.00 to USD 13.00 while maintaining a Market Perform rating, as MarketBeat reported. Blackstone Mortgage Trust stock was trading at EUR 9.16 at Lang & Schwarz on October 20, 2026 at 7:29 p.m. CEST.

October 29 results date

Blackstone Mortgage Trust will publish its third-quarter 2026 earnings presentation and file its Form 10-Q before the market opens on October 29, 2026. The company will hold its results conference call at 9:00 a.m. ET that day, according to Blackstone Mortgage Trust.

Stock near its yearly low

On the NYSE, BXMT was trading at USD 10.29 on October 20, 2026 at 1:30 p.m. ET. The quoted price stood USD 0.17, or 1.68 percent, above the USD 10.12 52-week low and USD 10.38 below the USD 20.67 high. Trading volume reached 945,390 shares, while market capitalization stood at USD 1.7 billion.

What does the lower target mean?

The USD 13.00 target lies 26.34 percent above the USD 10.29 NYSE price on October 20, 2026. The new target is USD 3.00 below the previous USD 16.00 objective, a 18.75 percent reduction in the target itself. MarketBeat also cited second-quarter 2026 revenue of USD 158.06 million and earnings per share of USD 0.31, below consensus of USD 0.41, in its October 9 report.

Portfolio scale and loan profile

Blackstone Mortgage Trust's investor-relations page lists a USD 16.00 billion loan portfolio, 130 loans and a 65.00 percent loan-to-value figure. The portfolio is primarily made up of senior loans secured by commercial real estate, giving the October results a direct read-through on credit performance and earnings quality.

Price and investor perspective

The latest analyst action and the scheduled October 29 report put the emphasis on whether quarterly earnings can support the company's loan portfolio and dividend model. The euro quotation remains the relevant German trading reference for this report.