BXMT (Blackstone Mortgage Trust) Moat Score: 5/10 (As of Jul. 06, 2026)


BXMT Blackstone Mortgage Trust Inc BXMT
60 GF Score
Price $17.25
GF Value $18.23
Valuation Fairly Valued
! 4 Warning Signs
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What is Blackstone Mortgage Trust Moat Score?

Blackstone Mortgage Trust BXMT +1.71% 60 Moat Score is 5 as of Jul. 06, 2026. GuruFocus rates BXMT with a GF Score™ of 60/100 and a GF Value™ of $18.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 986 REITs companies, Blackstone Mortgage Trust ranks better than 95.03% on this metric.

Blackstone Mortgage Trust has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Blackstone Mortgage Trust has Narrow Moat: Blackstone Mortgage Trust Inc has a solid narrow moat due to its affiliation with Blackstone and access to capital. However, it faces competition in the mortgage lending space and lacks significant proprietary advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Blackstone Mortgage Trust might have Narrow Moat - Solid narrow moat.

Blackstone Mortgage Trust  (NYSE:BXMT) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Blackstone Mortgage Trust Moat Score Related Terms

BXMT vs DX, ARR, EFC: Moat Score Comparison

For the REIT - Mortgage subindustry, Blackstone Mortgage Trust's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Blackstone Mortgage Trust Moat Score vs REITs Industry

For the REITs industry and Real Estate sector, Blackstone Mortgage Trust's Moat Score distribution charts can be found below:

* The bar in red indicates where Blackstone Mortgage Trust's Moat Score falls into.


BXMT
60GF Score
Blackstone Mortgage Trust Inc BXMT
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Blackstone Mortgage Trust (BXMT) has a Moat Score of 5 as of Jul. 06, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Blackstone Mortgage Trust ranks #49 out of 986 companies in the REITs industry, placing it in the top 5%.
Is Blackstone Mortgage Trust's Moat Score too high?
Blackstone Mortgage Trust's current Moat Score is 5. Based on the distribution chart, Blackstone Mortgage Trust ranks #49 out of 986 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Blackstone Mortgage Trust has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Mortgage Trust's Moat Score compare to DX and ARR?
According to the REITs industry distribution chart, Blackstone Mortgage Trust ranks #49 out of 986 companies for Moat Score. This places Blackstone Mortgage Trust in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a REITs company?
A good Moat Score depends on the REITs industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Blackstone Mortgage Trust's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Mortgage Trust (BXMT) is currently considered Fairly Valued. The stock's GF Value™ is $18.23, compared to a current price of $17.25 — trading 5.4% below its estimated fair value. The current Moat Score is 5. Blackstone Mortgage Trust's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Blackstone Mortgage Trust (BXMT), the current Moat Score is 5 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Blackstone Mortgage Trust (BXMT) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Mortgage Trust stock appears to be undervalued. The current stock price of $17.25 is trading 5.4% below its estimated GF Value™ of $18.23. GuruFocus considers Blackstone Mortgage Trust to be Fairly Valued.

Key valuation signals for BXMT:

  • Moat Score: 5
  • GF Value™: $18.23 vs. price of $17.25 (5.4% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the BXMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Blackstone Mortgage Trust Business Description

Industry Real EstateREITs
Other Exchanges 079A:Germany
Address 345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is an externally managed real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Its portfolio is composed of senior loans secured by high-quality, institutional assets located in main markets, and sponsored by experienced, well-capitalized real estate investment owners and operators. The group finances its investments in a variety of ways, including borrowing under secured credit facilities, issuing collateralized loan obligations, or CLOs, other securitization transactions, syndicating senior loans and/or participations, and other forms of asset-level financing.
60GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.25
Price
$18.23
GF Value