Blackstone Mortgage Trust (BXMT) Q2 2026 earnings — TrendMatrix coverage

Reported EPS

$0.31

Estimate

$0.35

Surprise

-12.1%

Revenue (period 2026-06-30)

$158.1M

Score at report (before → after)

6.1 → 6.3/10

Revenue source: mixed.

Blackstone Mortgage Trust (BXMT) missed the $0.35 estimate with diluted EPS of $0.31 — a large 12.1% shortfall. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Sell at 6.3/10 after the report — the engine's score rose despite the miss.

TrendMatrix currently rates BXMT Sell at 5.1/10.

0 of the last 4 quarters beat the estimate; this quarter's -12.1% surprise compares with a -232.9% four-quarter average. Next scheduled report: 2026-10-28.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$14.21

Price target

$16.41

Stop

$13.64

Upside to target

+15.5%

Reward-to-risk

3.1:1

Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.

REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.

Industry

REIT - Mortgage

Market cap

$2.39B

P/E (fwd)

9.1

P/E (ttm)

177.0

52-week range

$13.61–$20.67

Off 52-week high

31.3%

RSI (14)

49

Volume vs avg

0.38×

Score today

5.1/10