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Blackstone Mortgage Trust has seen its share price fall sharply in 2024, which puts fresh focus on whether the current valuation really lines up with the earnings the business generates. With the stock now trading at around US$11.03, the question is how well that price reflects the income stream from its loan portfolio. The share price has declined 43.4% year to date, which puts extra weight on whether the market is now paying a sensible multiple of Blackstone Mortgage Trust's earnings. The...
Blackstone Mortgage Trust stock reacts to sharp recent slide Blackstone Mortgage Trust (BXMT) is drawing attention after a steep share price decline, with the stock down about 20% over the past month and roughly 35% over the past 3 months. The recent slide comes on top of a weak run for Blackstone Mortgage Trust. The share price is now at $11.03, and the stock is showing fading momentum as the year-to-date share price return is down 43.38% while the 1-year total shareholder return is down...
