Blackstone Mortgage Trust Faces Serious Headwinds
Blackstone(BX) Gurufocus·2024-09-10 13:00
Blackstone Mortgage Trust Inc.'s (BXMT, Financial) prospects are in the limelight amid a changing interest rate environment and a recent dividend cut. The mortgage real estate investment trust has shed approximately 10% of its market value in the past six months, illustrating investors' dissatisfaction with the systematic environment and the company's execution.Considering these factors, the question becomes: Is Blackstone Mortgage Trust a "buy-the-dip" opportunity, or will it succumb to its current headwin ...