On Tuesday, Blackstone Mortgage Trust Inc (NYSE: BXMT) opened lower -0.94% from the last session, before settling in for the closing price of $18.15. Price fluctuations for BXMT have ranged from $16.70 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. Company’s average yearly earnings per share was noted -45.21% at the time writing. With a float of $163.48 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
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 5.82%, while institutional ownership is 61.56%. The most recent insider transaction that took place on Jun 17 ’24, was worth 79,036. In this transaction CEO & President of this company sold 4,508 shares at a rate of $17.53, taking the stock ownership to the 182,960 shares. Before that another transaction happened on Jun 17 ’24, when Company’s Chief Financial Officer sold 1,002 for $17.56, making the entire transaction worth $17,595. This insider now owns 58,118 shares in total.
Blackstone Mortgage Trust Inc (BXMT) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.79 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.66) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -45.21% 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 1.55. Likewise, its price to free cash flow for the trailing twelve months is 7.04.
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 1.87 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 2.04 million was lower than the volume posted last year of 2.07 million. As of the previous 9 days, the stock’s Stochastic %D was 88.82%. Additionally, its Average True Range was 0.35.
During the past 100 days, Blackstone Mortgage Trust Inc’s (BXMT) raw stochastic average was set at 31.80%, which indicates a significant decrease from 82.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.29% in the past 14 days, which was lower than the 29.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.84, while its 200-day Moving Average is $20.16. Now, the first resistance to watch is $18.09. This is followed by the second major resistance level at $18.20. The third major resistance level sits at $18.29. If the price goes on to break the first support level at $17.89, it is likely to go to the next support level at $17.80. Now, if the price goes above the second support level, the third support stands at $17.69.
Blackstone Mortgage Trust Inc (NYSE: BXMT) Key Stats
There are currently 173,584K shares outstanding in the company with a market cap of 3.12 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 486,120 K and its income totaled -123,840 K.
