Revenue soared 67% past estimates but a $134 million surge in credit reserves flipped the quarter into a $0.48 loss, exposing mounting stress in the office loan portfolio where three loans just went impaired.
Blackstone Mortgage Trust :
BXMT
BXMT
Stock Data
$14.29
$0.36 (2.42%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - MORTGAGE
Blackstone Mortgage Trust Inc - Class A specializes in providing senior loans for commercial real estate across North America, Europe, and Australia. With a focus on senior floating rate mortgage loans secured by first-priority mortgages, this company plays a crucial role in real estate finance. Operating as a real estate investment trust, it benefits from certain tax advantages. Originally known as Capital Trust, Inc., it adopted its current name in 2013 and is based in New York, New York.
Latest Activity
Q2 2026
EPS
-$0.48
est $0.37-$0.85
Revenue
$158M
est $95M+67.3%
All Blackstone Mortgage Trust Articles
10 Articles