Bullish Case: With a high dividend yield, positive earnings beat, and reported resilience in earnings and dividend coverage, BXMT could see improved performance as inflation and rates retreat.


Bearish Case: Credit issues from high inflation and rates may persist, along with exposure to troubled office properties, potentially causing further declines and dividend cuts.


Potential Outcomes: 70% chance BXMT maintains dividends due to recent earnings beat and proactive management. 20% risk of dividend cut from credit issues and multifamily concerns. 10% chance of outperformance with rate declines.


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April 12, 2024


Blackstone Mortgage Forecast

BXMT        Blackstone Mortgage
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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