BXMT Blackstone Mortgage Trust Inc - Ordinary Shares - Class A

$BXMT $STWD $ARI CRE still paying big price for scamdemic, dems crime wave and reckless Fed policy Fortunately underlying fundamentals have improved dramatically. Very little new supply

$BXMT Hate the cut and print but 12% almost guaranteed plus total return as discount accretes. $18 psf undepreciated book value

$BXMT monthly. ugly. something cracking in mortgage markets? low grade cfedit spreads still expanding.

$BXMT reported earnings before the open: adjusted EPS of $0.38 vs. $0.24 estimated, a beat of 55.7%. I used Stock Meadow to review the results.

$BXMT Can BXMT's new $0.30 dividend hold after a $327M Q3 loss? ✂️ Blackstone Mortgage Trust, a Blackstone-managed commercial real estate lender worth about $1.78B at its $10.56 close at 16:00 ET on October 28, 2026, cut its quarterly dividend 36% to $0.30 from $0.47 📉 Distributable EPS before realized gains and losses, the payout yardstick, slipped to $0.42 from $0.48 in Q2, under the old $0.47 dividend but 1.4 times the new $0.30 💰 On the other side, $0.30 a quarter is $1.20 a year, an 11.4% yield on the $10.56 close, and the CEO says it can be sustained through a range of rate and credit environments, backed by $1.3B of liquidity and watchlist loans down 56% since Q2 📅 Next: The $0.30 dividend is payable January 15, 2027 to holders of record as of December 31, 2026 Source: SEC 8-K (Q3 release + presentation), Oct 29

$BXMT Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $0.38 up 58.33% YoY • Reported revenue of $141.9M up 6.98% YoY • Blackstone Mortgage Trust declared a fourth-quarter 2026 dividend of $0.30 per share of class A common stock, payable January 15, 2027, to stockholders of record December 31, 2026.

$BXMT reports earnings tomorrow before the open. I’m bullish heading into the report: BXMT has beaten EPS estimates in 6 of its last 8 reports, according to Stock Meadow.