BXMT
Blackstone Mortgage Trust, Inc.
There isn't enough reported data to score BXMT yet.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
BXMT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| N/A | |
| N/A |
BXMT's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like BXMT.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
BXMT PE Valuation
BXMT has no meaningful PE right now: it lost money over the past year.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
BXMT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect BXMT's revenue to grow, but its earnings and profitability to decline. However, they disagree widely on these estimates.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
OPEN has the edge over BXMT on the outlook, with more favorable profitability expectations.
BXMT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.21 | — |
| Q3 2026 | -$2.24 | -461% |
| Q2 2026 | $0.08 | +$0.15 |
| Q1 2026 | $0.60 | +$1.06 |
| Q4 2025 | $0.64 | +$1.81 |
| Q3 2025 | $0.62 | +$2.01 |
| Q2 2025 | -$0.07 | +$0.83 |
| Q1 2025 | -$0.46 | -1633% |
| Q4 2024 | -$1.17 | -183% |
BXMT has the edge over OPEN on earnings, with more consistent year-over-year improvement.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
BXMT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2024 | $142.4M | -18% |
| Q4 2023 | $153.8M | -20% |
| Q3 2023 | $165.4M | +5.9% |
| Q2 2023 | $177.3M | +21% |
| Q1 2023 | $174.2M | +30% |
| Q4 2022 | $191.1M | +9.9% |
| Q3 2022 | $156.2M | +33% |
| Q2 2022 | $147.1M | +29% |
OPEN has the stronger quarterly revenue trend. Revenue is down 18% for BXMT versus up 12% for OPEN.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2024 | -86% | -155 points |
| Q4 2023 | -0.7% | +23 points |
| Q3 2023 | 19% | -48 points |
| Q2 2023 | 58% | -5.9 points |
| Q1 2023 | 69% | -5.9 points |
| Q4 2022 | -24% | -96 points |
| Q3 2022 | 67% | -4.6 points |
| Q2 2022 | 64% | -52 points |
BXMT's operating margin was −86% last quarter, down 155 points from the same quarter a year ago, near the bottom of its range since 2019.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN's revenue is recovering but still below its 2022 peak: $1B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN's operating margin was −18% last quarter, down 11 points from the same quarter a year ago.
BXMT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$18.5M | -$273K |
| Q2 2026 | $65.2M | +14% |
| Q1 2026 | $169.7M | +69% |
| Q4 2025 | $136.3M | +61% |
| Q3 2025 | -$18.2M | -121% |
| Q2 2025 | $57.2M | -43% |
| Q1 2025 | $100.5M | +6.2% |
| Q4 2024 | $84.5M | -23% |
BXMT has the edge over OPEN on cash generation, producing positive trailing cash flow while its opponent burns cash.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN's free cash flow was −$1.7B over the past year, against $887M the year before. Free cash flow isn't a meaningful measure for real estate companies like OPEN.
BXMT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | -2.2% | -3.9M shares |
| 3 years | -2.7% | -4.7M shares |
| 5 years | +13% | +18.7M shares |
| Available history | +29% | +37.9M shares |
BXMT has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $36M |
| Q2 2026 | $3M |
| Q1 2026 | $802,000 |
| Q4 2025 | $61.8M |
| Q3 2025 | $16.1M |
| Q2 2025 | $39,000 |
| Q1 2025 | $31.6M |
| Q4 2024 | $18.2M |
BXMT spent $102M buying back its own shares over the past year, up 54% from the year before.
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
BXMT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 8.0x | High |
| Q1 2026 | 1.3x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 4.0x | High |
BXMT's net debt is about 8.0 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like BXMT.
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
BXMT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 22.8 | Oversold |
| Stochastic | 16.7 | Oversold |
BXMT's weekly RSI is 23 (oversold) and its Stochastic is 17 (oversold).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
BXMT PE vs Real Estate Sector
| Metric | BXMT | Sector median | Relative |
|---|---|---|---|
| PE | 133x | 24x | 454% above |
| PE % | 92 | 23 | 69 pts above |
BXMT has no meaningful PE right now: it lost money over the past year.
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
BXMT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.1 | 2.3% below |
| 20 week MA | $13.4 | 19% below |
| 50 week MA | $16.8 | 36% below |
| 100 week MA | $17.9 | 40% below |
| 200 week MA | $18.9 | 43% below |
BXMT is in a downtrend: it's below all five of its weekly moving averages, and 43% below its 200-week average.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
BXMT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $38.2 | $28.4 | -26% |
| 2021 | $28.4 | $31.5 | +11% |
| 2022 | $31.5 | $22.4 | -29% |
| 2023 | $22.4 | $21.3 | -5% |
| 2024 | $21.3 | $17.9 | -16% |
| 2025 | $17.9 | $19.8 | +11% |
| 2026 YTD | $19.8 | $10.8 | -45% |
BXMT has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.