Blackstone Mortgage Receives Hold Rating and $20.00 Price Target from J.P. Morgan Analyst

J.P. Morgan analyst Richard Shane maintained a Hold rating on Blackstone Mortgage with a price target of $20.00, while the analyst consensus is a Moderate Buy with an average price target of $20.30, implying a 4.32% upside from current levels. Shane has an average return of 11.8% and a 67.11% success rate on recommended stocks.

Shares of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) have been assigned a consensus recommendation of "Hold" by the six ratings firms covering the company, according to Marketbeat Ratings [1]. Among the six analysts, four have rated the stock with a hold recommendation, while two have assigned a buy recommendation. The average 12-month price objective among analysts is $20.10.

J.P. Morgan analyst Richard Shane maintained a Hold rating on Blackstone Mortgage with a price target of $20.00, while the analyst consensus is a Moderate Buy with an average price target of $20.30, implying a 4.32% upside from current levels. Shane has an average return of 11.8% and a 67.11% success rate on recommended stocks [2].

UBS Group raised their target price on Blackstone Mortgage Trust from $19.50 to $20.00, maintaining a neutral rating in a recent research note [1]. JPMorgan Chase & Co. dropped their target price from $20.00 to $18.50, also setting a neutral rating on the stock [1]. Keefe, Bruyette & Woods increased their price target from $19.50 to $20.00, giving the stock a "market perform" rating [1]. JMP Securities reaffirmed a "market perform" rating on shares of Blackstone Mortgage Trust [1].

Blackstone Mortgage Trust has a market cap of $3.30 billion, a P/E ratio of -41.80, and a beta of 1.10. The company's stock has a 50-day moving average of $19.36 and a 200-day moving average of $19.15. The stock traded down $0.23 during midday trading on Thursday, hitting $19.23, with a one-year low of $16.51 and a one-year high of $21.24 [1].

The company recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.47 per share, representing a $1.88 dividend on an annualized basis and a dividend yield of 9.78% [1].

In other news, CEO Katharine A. Keenan sold 6,931 shares of the stock on Tuesday, June 17th, while CFO Anthony F. Marone sold 1,517 shares. Insiders sold a total of 9,248 shares of company stock worth $177,028 in the last three months, representing 1.02% of the stock [1].

Several institutional investors have recently bought and sold shares of BXMT. True North Advisors LLC, Jones Financial Companies Lllp, Parallel Advisors LLC, Summit Investment Advisors Inc., and Glassy Mountain Advisors Inc. have boosted their stakes in the company, with institutional investors and hedge funds owning 64.15% of the stock [1].

References:
[1] https://www.marketbeat.com/instant-alerts/blackstone-mortgage-trust-inc-nysebxmt-given-average-recommendation-of-hold-by-analysts-2025-07-17/
[2] https://www.marketscreener.com/quote/stock/BLACKSTONE-MORTGAGE-TRUST-13159221/news/UBS-Adjusts-Blackstone-Mortgage-Trust-Price-Target-to-20-From-19-50-Maintains-Neutral-Rating-50513252/