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Stock impact report

Blackstone Mortgage Trust: Stabilization Achieved, Risks Still Linger [Seeking Alpha]

Blackstone Mortgage Trust, Inc. (BXMT) 
Last blackstone mortgage trust, inc. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
BXMT trades near book value (0.94x P/B) with a 9.6% dividend yield, but dividend sustainability remains fragile due to ongoing credit losses and reliance on adjusted distributable income. Management prioritizes share buybacks over new loan growth, signaling cautious capital allocation amid challenging market conditions and limited growth prospects. Office sector exposure, especially pre-2022 loans, remains the main structural risk; further property value declines could pressure capital and dividend coverage. Luis Alvarez/DigitalVision via Getty Images My thesis In my view, Blackstone Mortgage Trust ( BXMT ) is starting 2026 with a stabilized, but structurally sensitive portfolio. In 2025, the company earned $110 million in net income, and this marks a This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote t Show less Read more
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