Blackstone Mortgage Trust: Back At The Bottom Of The Range, But Something Has Changed (Rating Downgrade)

With $46M in charge-offs this quarter, CECL reserves are no longer just "paper losses"—they are crystallized hits to Blackstone Mortgage Trust's capital, proving that lent money is officially not coming back. Earnings of $0.21 per share significantly trail the $0.47 dividend. While the company highlights "distributable earnings," the persistent need for massive credit reserves suggests the current payout is increasingly fragile. Blackstone Mortgage Trust now holds over $1.15 billion in foreclosed real estate. Far from being a "hidden value" play, these assets are currently a "negative carry."

Seeking Alpha • 13 hours ago

Earnings High Fliers And Busts

More than 1,500 stocks have reported earnings since the current season began in mid-April, and the average stock that has reported has seen an average absolute one-day share price reaction of roughly 7%. The last time we saw earnings vol spike was during the Financial Crisis bear market, when stocks were tanking. This time around, we're seeing earnings vol increase during a strong AI-driven bull market. Tech stocks are seeing record earnings day volatility as investors and traders presumably make snap judgements about AI's future impact on the bottom line.

Seeking Alpha • 20 hours ago

Where I Go For Big Dividend Yield

These shares offer big yields but far more stability than investors expect. Recent market downturns enabled attractive entry points for big yields with capital gains. It's best to prepare for these opportunities in advance. Because we were already evaluating these shares regularly, we were able to jump on opportunities during the big dip.

Seeking Alpha • May 14, 2026

Blackstone Mortgage Trust: Dividend Coverage Has Slipped, 9.9% Yield

Blackstone Mortgage Trust maintains a near 10% dividend yield, fully covered by distributable earnings prior to realized gains and losses. BXMT's first quarter net revenue rose 25.6% to $159.42 million, driven by increased real estate owned (REO) activity after foreclosures. The mREIT is trading at a 6.3% discount to its first-quarter book value per share, with dividend coverage slipping and book value also on a sustained dip.

Seeking Alpha • May 6, 2026

REM's Mortgage REIT Portfolio Rallies 19% as Fed Easing Lifts Income Safety

The iShares Mortgage Real Estate ETF (NYSEARCA:REM) gives income investors exposure to roughly two dozen mortgage REITs in a single ticker, smoothing out the cuts and surprises that routinely hit individual mREITs.

24/7 Wall Street • May 6, 2026

Blackstone Mortgage Trust Announces Offering of Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company” or “BXMT”) today announced it has commenced a private offering of $450 million in aggregate principal amount of its senior secured notes due 2031 (the “Notes”). The Company intends to use the net proceeds of the Notes offering for general corporate purposes, including paying down existing secured indebtedness. The offering of the Notes and the related guarantees will be made in a private transaction in relian.

Business Wire • May 5, 2026

Blackstone Mortgage Trust Announces Pricing of Offering of Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company” or “BXMT”) announced the pricing of a private offering of $450 million in aggregate principal amount of its 6.250% senior secured notes due 2031 (the “Notes”). The Company intends to use the net proceeds of the Notes offering for general corporate purposes, including paying down existing secured indebtedness. The Notes offering is expected to close on May 19, 2026 and is subject to customary closing condition.

Business Wire • May 5, 2026

REITs Excel, Earnings Swell, Fed Rebels

U.S. equity markets advanced for a fifth straight week - their longest winning streak since 2024 - as strong earnings, resilient data, and hopes for lasting Iran peace fueled optimism. Investors looked through another oil-price surge and inflationary pressure, focusing instead on corporate resilience and economic strength despite a complex macro backdrop shaped by geopolitical and policy uncertainty. The Fed held rates steady in an unusually fractured 8-4 vote, while Powell's plan to remain on the Board broke precedent and raised politically charged succession questions.

Seeking Alpha • May 3, 2026

Blackstone Mortgage Trust, Inc. (BXMT) Q1 2026 Earnings Call Transcript

Blackstone Mortgage Trust, Inc. (BXMT) Q1 2026 Earnings Call Transcript

Seeking Alpha • Apr 29, 2026

Blackstone Mortgage Trust Reports First-Quarter 2026 Results

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first-quarter 2026 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $6.3 million. First-quarter EPS, Distributable EPS, Distributable EPS prior to realized gains and losses, and dividends paid per basic share were $(0.04), $0.21, $0.49, and $0.47 respectively. Tim Johnson, Chief Executive Officer said, “BXMT's first quarter results clearly demonstrate the breadth of our.

Business Wire • Apr 29, 2026