Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Blackstone Mortgage (BXMT) to $19.50 from $20 and keeps a Market Perform rating on the shares. The firm reduced 2025 and 2026 estimates on the timing of originations and repayments post the Q2 report.
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Read More on BXMT:
- Blackstone Mortgage Trust Reports Q2 2025 Earnings
- Blackstone Mortgage Files New Shelf Registration
- Blackstone Mortgage files automatic mixed securities shelf
- Blackstone Mortgage reports Q2 distributable EPS 19c, consensus 26c
- Blackstone Mortgage price target raised to $20 from $19.50 at Keefe Bruyette