On Tuesday, Blackstone Mortgage Trust Inc (NYSE: BXMT) opened higher 0.37% from the last session, before settling in for the closing price of $18.87. Price fluctuations for BXMT have ranged from $16.53 to $23.29 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 24.41% annually for the last half of the decade. Company’s average yearly earnings per share was noted -93.08% at the time writing. With a float of $162.84 million, this company’s outstanding shares have now reached $172.99 million.
In terms of profitability, gross margin is 77.69%, operating margin of 35.39%, and the pretax margin is -27.3%.
Blackstone Mortgage Trust Inc (BXMT) Insider Updates
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 5.87%, while institutional ownership is 62.02%. The most recent insider transaction that took place on Dec 09 ’24, was worth 9,189. In this transaction Chief Financial Officer of this company sold 482 shares at a rate of $19.07, taking the stock ownership to the 55,635 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Officer proposed sale 482 for $19.07, making the entire transaction worth $9,189.
Blackstone Mortgage Trust Inc (BXMT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -93.08% 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
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 1.75. Likewise, its price to free cash flow for the trailing twelve months is 8.36.
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 1.50 in one year’s time.
Technical Analysis of Blackstone Mortgage Trust Inc (BXMT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.08 million. That was inferior than the volume of 1.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 28.76%. 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 62.27%, which indicates a significant increase from 53.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.07% in the past 14 days, which was lower than the 28.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.53, while its 200-day Moving Average is $18.50. However, in the short run, Blackstone Mortgage Trust Inc’s stock first resistance to watch stands at $19.06. Second resistance stands at $19.17. The third major resistance level sits at $19.40. If the price goes on to break the first support level at $18.72, it is likely to go to the next support level at $18.49. Assuming the price breaks the second support level, the third support level stands at $18.38.
Blackstone Mortgage Trust Inc (NYSE: BXMT) Key Stats
There are currently 172,989K shares outstanding in the company with a market cap of 3.28 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 431,310 K and its income totaled -56,380 K.
