Blackstone Mortgage Trust Inc (BXMT) is -2.37% away from 50-day simple Moving Average despite all headwinds

Blackstone Mortgage Trust Inc (NYSE: BXMT) kicked off on Tuesday, down -3.79% from the previous trading day, before settling in for the closing price of $18.98. Over the past 52 weeks, BXMT has traded in a range of $16.53-$23.29.

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Annual sales at Real Estate sector company grew by 24.41% over the past five years. While this was happening, its average annual earnings per share was recorded -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 and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the REIT – Mortgage Industry. The insider ownership of Blackstone Mortgage Trust Inc is 5.84%, while institutional ownership is 61.72%. 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) Latest Financial update

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

Take a look at Blackstone Mortgage Trust Inc’s (BXMT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.69. Likewise, its price to free cash flow for the trailing twelve months is 8.06.

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)

Blackstone Mortgage Trust Inc (NYSE: BXMT) saw its 5-day average volume 1.72 million, a negative change from its year-to-date volume of 1.96 million. As of the previous 9 days, the stock’s Stochastic %D was 46.92%. Additionally, its Average True Range was 0.43.

During the past 100 days, Blackstone Mortgage Trust Inc’s (BXMT) raw stochastic average was set at 44.70%, which indicates a significant increase from 11.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.22% in the past 14 days, which was lower than the 30.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.70, while its 200-day Moving Average is $18.56. Nevertheless, the first resistance level for the watch stands at $18.69 in the near term. At $19.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.34. If the price goes on to break the first support level at $18.04, it is likely to go to the next support level at $17.83. The third support level lies at $17.39 if the price breaches the second support level.

Blackstone Mortgage Trust Inc (NYSE: BXMT) Key Stats

The company with the Market Capitalisation of 3.16 billion has total of 172,989K Shares Outstanding. Its annual sales at the moment are 2,038 M in contrast with the sum of 246,560 K annual income. Company’s last quarter sales were recorded 431,310 K and last quarter income was -56,380 K.