A new trading day began on Monday, with Blackstone Mortgage Trust Inc (NYSE: BXMT) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $17.91. BXMT’s price has ranged from $16.83 to $23.82 over the past 52 weeks.
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Real Estate Sector giant saw their annual sales surged by 24.41% over the last five years. Meanwhile, its annual earnings per share averaged -42.71%. With a float of $163.40 million, this company’s outstanding shares have now reached $173.21 million.
Blackstone Mortgage Trust Inc (BXMT) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Mortgage Industry. The insider ownership of Blackstone Mortgage Trust Inc is 5.87%, while institutional ownership is 61.71%. 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) Recent Fiscal highlights
In its latest quarterly report, released on 3/31/2024, the company reported earnings of 0.79 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -42.71% 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
Here are Blackstone Mortgage Trust Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 7.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.03, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 1.91 in one year’s time.
Technical Analysis of Blackstone Mortgage Trust Inc (BXMT)
Analysing the last 5-days average volume posted by the [Blackstone Mortgage Trust Inc, BXMT], we can find that recorded value of 3.26 million was better than the volume posted last year of 2.17 million. As of the previous 9 days, the stock’s Stochastic %D was 12.41%. Additionally, its Average True Range was 0.54.
During the past 100 days, Blackstone Mortgage Trust Inc’s (BXMT) raw stochastic average was set at 5.11%, which indicates a significant decrease from 18.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.76% in the past 14 days, which was lower than the 35.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.43, while its 200-day Moving Average is $21.03. Now, the first resistance to watch is $18.07. This is followed by the second major resistance level at $18.23. The third major resistance level sits at $18.37. If the price goes on to break the first support level at $17.77, it is likely to go to the next support level at $17.63. Now, if the price goes above the second support level, the third support stands at $17.47.
Blackstone Mortgage Trust Inc (NYSE: BXMT) Key Stats
With a market capitalization of 3.11 billion, the company has a total of 173,584K Shares Outstanding. Currently, annual sales are 2,038 M while annual income is 246,560 K. The company’s previous quarter sales were 505,000 K while its latest quarter income was -2,380 K.
