Aug. 26, 2025 5:25 AM ETBlackstone Mortgage Trust, Inc. (BXMT) StockLADR, STWD, BXMTThe Asian Investor30.03K FollowersBXMT cut its dividend by 24% last year, yet still fails to fully cover it with distributable earnings, signaling continual dividend risk.The REIT has aggressively reduced its office loan exposure, but asset sales—often at a loss—haven't fully resolved net interest income pressure.BXMT trades at a 7% discount to book value, justified by persistent credit quality issues and insufficient dividend coverage..Given the risk of another dividend cut and continual office loan portfolio challenges, I rate BXMT a hold and do not recommend buying at this time.Michael H/DigitalVision via Getty ImagesBlackstone Mortgage Trust (NYSE:BXMT) lowered its dividend by 24% in the third quarter of 2024, yet continues to fail to fully earn its dividend even today... amid pressure on the company’s portfolio and related net interestThis article was written byThe Asian Investor30.03K FollowersI am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.Analyst’s Disclosure:I/we have a beneficial long position in the shares of LADR, STWD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For You