A new trading day began on Tuesday, 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 $18.38. BXMT’s price has ranged from $16.53 to $23.29 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged -93.18%. With a float of $162.88 million, this company’s outstanding shares have now reached $173.21 million.
In terms of profitability, gross margin is 77.63%, operating margin of 31.88%, and the pretax margin is -27.38%.
Blackstone Mortgage Trust Inc (BXMT) Insider Activity
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 5.84%, while institutional ownership is 61.76%. 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.69 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 0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -93.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -14.68% 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 1.70. Likewise, its price to free cash flow for the trailing twelve months is 8.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.40, a number that is poised to hit -1.01 in the next quarter and is forecasted to reach 1.51 in one year’s time.
Technical Analysis of Blackstone Mortgage Trust Inc (BXMT)
Compared to the last year’s volume of 1.96 million, its volume of 1.2 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.18%. Additionally, its Average True Range was 0.39.
During the past 100 days, Blackstone Mortgage Trust Inc’s (BXMT) raw stochastic average was set at 47.80%, which indicates a significant increase from 21.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.79% in the past 14 days, which was lower than the 29.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.66, while its 200-day Moving Average is $18.61. Nevertheless, the first resistance level for the watch stands at $18.45 in the near term. At $18.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.64. If the price goes on to break the first support level at $18.25, it is likely to go to the next support level at $18.13. Should the price break the second support level, the third support level stands at $18.06.
Blackstone Mortgage Trust Inc (NYSE: BXMT) Key Stats
With a market capitalization of 3.18 billion, the company has a total of 172,989K Shares Outstanding. Currently, annual sales are 2,038 M while annual income is 246,560 K. The company’s previous quarter sales were 431,310 K while its latest quarter income was -56,380 K.
