On Monday, Blackstone Mortgage Trust Inc (NYSE: BXMT) opened higher 1.73% from the last session, before settling in for the closing price of $18.54. Price fluctuations for BXMT have ranged from $16.83 to $23.82 over the past 52 weeks.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 24.41%. Company’s average yearly earnings per share was noted -31.90% at the time writing. With a float of $163.49 million, this company’s outstanding shares have now reached $173.21 million.
Blackstone Mortgage Trust Inc (BXMT) Insider Activity
A key investor’s attitude towards the stock of the REIT – Mortgage industry is another important factor to consider. The insider ownership of Blackstone Mortgage Trust Inc is 5.87%, while institutional ownership is 61.50%. The most recent insider transaction that took place on Mar 11 ’24, was worth 46,066. In this transaction CEO & President of this company sold 2,275 shares at a rate of $20.25, taking the stock ownership to the 192,023 shares. Before that another transaction happened on Mar 11 ’24, when Company’s Chief Financial Officer sold 485 for $20.25, making the entire transaction worth $9,822. This insider now owns 60,112 shares in total.
Blackstone Mortgage Trust Inc (BXMT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -31.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.17% during the next five years compared to -10.62% drop over the previous five years of trading.
Blackstone Mortgage Trust Inc (NYSE: BXMT) Trading Performance Indicators
Check out the current performance indicators for Blackstone Mortgage Trust Inc (BXMT). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63. Likewise, its price to free cash flow for the trailing twelve months is 7.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.31 in one year’s time.
Technical Analysis of Blackstone Mortgage Trust Inc (BXMT)
Looking closely at Blackstone Mortgage Trust Inc (NYSE: BXMT), its last 5-days average volume was 1.84 million, which is a drop from its year-to-date volume of 2.1 million. As of the previous 9 days, the stock’s Stochastic %D was 49.22%. Additionally, its Average True Range was 0.48.
During the past 100 days, Blackstone Mortgage Trust Inc’s (BXMT) raw stochastic average was set at 18.11%, which indicates a significant decrease from 53.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.55% in the past 14 days, which was lower than the 35.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.52, while its 200-day Moving Average is $21.12. However, in the short run, Blackstone Mortgage Trust Inc’s stock first resistance to watch stands at $19.07. Second resistance stands at $19.28. The third major resistance level sits at $19.55. If the price goes on to break the first support level at $18.59, it is likely to go to the next support level at $18.31. Should the price break the second support level, the third support level stands at $18.10.
Blackstone Mortgage Trust Inc (NYSE: BXMT) Key Stats
There are currently 173,674K shares outstanding in the company with a market cap of 3.28 billion. Presently, the company’s annual sales total 2,038 M according to its annual income of 246,560 K. Last quarter, the company’s sales amounted to 505,000 K and its income totaled -2,380 K.
