Blackstone Mortgage Trust Inc (NYSE: BXMT) on Monday, plunged -1.89% from the previous trading day, before settling in for the closing price of $19.02. Within the past 52 weeks, BXMT’s price has moved between $16.53 and $23.29.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 24.41%. The company achieved an average annual earnings per share of -53.66%. With a float of $163.47 million, this company’s outstanding shares have now reached $173.21 million.
In terms of profitability, gross margin is 89.92%, operating margin of 36.54%, and the pretax margin is -16.54%.
Blackstone Mortgage Trust Inc (BXMT) Insider Activity
Observing investor behavior towards REIT – Mortgage industry stocks is more important than anything else. The insider ownership of Blackstone Mortgage Trust Inc is 5.84%, while institutional ownership is 61.45%. The most recent insider transaction that took place on Sep 17 ’24, was worth 9,778. In this transaction Chief Financial Officer of this company sold 503 shares at a rate of $19.44, taking the stock ownership to the 56,623 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Officer proposed sale 503 for $19.44, making the entire transaction worth $9,778.
Blackstone Mortgage Trust Inc (BXMT) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.78 earnings per share (EPS) for the period topping the consensus outlook (set at 0.69) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -53.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -12.42% 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
Blackstone Mortgage Trust Inc (BXMT) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65. Likewise, its price to free cash flow for the trailing twelve months is 7.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.91, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.42 in one year’s time.
Technical Analysis of Blackstone Mortgage Trust Inc (BXMT)
Compared to the last year’s volume of 1.98 million, its volume of 1.53 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 88.74%. Additionally, its Average True Range was 0.37.
During the past 100 days, Blackstone Mortgage Trust Inc’s (BXMT) raw stochastic average was set at 55.04%, which indicates a significant decrease from 73.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.05% in the past 14 days, which was lower than the 30.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.47, while its 200-day Moving Average is $18.75. Nevertheless, the first resistance level for the watch stands at $18.95 in the near term. At $19.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.49. If the price goes on to break the first support level at $18.41, it is likely to go to the next support level at $18.17. Should the price break the second support level, the third support level stands at $17.87.
Blackstone Mortgage Trust Inc (NYSE: BXMT) Key Stats
Market capitalization of the company is 3.24 billion based on 173,584K outstanding shares. Right now, sales total 2,038 M and income totals 246,560 K. The company made 466,150 K in profit during its latest quarter, and -61,060 K in sales during its previous quarter.
