As of Friday close, Blackstone Mortgage Trust Inc.’s (NYSE:BXMT) stock was down -$0.85, moving down -4.71 percent to $17.19. The average number of shares traded per day over the past five days has been 5,355,320 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.69 fall in that time frame. In the last twenty days, the average volume was 3,188,860, while in the previous 50 days, it was 2,359,922.
Since last month, BXMT stock retreated -25.16%. Shares of the company fell to $17.13 on 03/17/23, the lowest level in the past month. A 52-week high of $32.90 was reached on 02/02/23 after having rallying from a 52-week low of $17.30. Since the beginning of this year, BXMT’s stock price has dropped by -18.80% or -$3.98, and marked a new high 11 times. However, the stock has declined by -47.76% since its 52-week high.
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BXMT stock investors should be aware that Blackstone Mortgage Trust Inc. (BXMT) stock had its last reported insider trading activity 3 days ago on Mar 15. NASSAU HENRY N, the Director of the company, purchased of 10,000 shares for $17.81 on Mar 15. It resulted in a $178,067 investment by the insider. Nash Michael B. added 50,000 shares at an average price of $18.86 on Mar 13. The insider now owns 468,455 shares following the transaction. On Dec 30, CEO & President Keenan Katharine A sold 1,011 shares at $21.14 apiece. The transaction was valued at $21,373.
Right now, Blackstone Mortgage Trust Inc. (BXMT) has a P/E ratio of about 12.71. The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 2.30, the price-to-book (PB) ratio of 0.65.
The latest dividend of $0.62 per share was paid out, remained unchanged from last year’s $0.62. On Monday September 14 2015, a $0.10 dividend increase was announced.
According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 4.51, and the total debt-to-equity ratio was 4.51. On the profitability front, the trailing twelve-month gross margin is 38.70% percent. In the year ended December 30, operating margins totaled 19.00%. Based on annual data, BXMT earned $1.18 billion in gross profit and brought in $1.34 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.00%. Return on equity (ROE) for the past 12 months was 5.40%.
In Blackstone Mortgage Trust Inc.’s quarter-end financial report for December 30, it reported total debt of $1.81 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Blackstone Mortgage Trust Inc. to report $0.72 quarterly earnings, the actual figure was $0.87 per share, beating the consensus estimate by 20.80%. During the quarter, the company generated $406.06 million in EBITDA. The value of shareholders’ equity is $172.28 million.
This quick technical analysis looks at Blackstone Mortgage Trust Inc.’s (BXMT) price momentum. With a historical volatility rate of 17.44%, the RSI 9-day stood at 10.00% on 17 March.
With respect to its five-day moving average, the current Blackstone Mortgage Trust Inc. price is down by -8.95% percent or -$1.69. At present, BXMT shares trade -24.24% below its 20-day simple moving average and -24.44% percent below its 100-day simple moving average. However, the stock is currently trading approximately -21.29% below its SMA50 and -44.74% below its SMA200.
Stochastic coefficient K was 10.99% and Stochastic coefficient D was 14.48%, while ATR was 0.80. Given the Stochastic reading of 1.39% for the 14-day period, the RSI (14) reading has been calculated as 16.56%. As of today, the MACD Oscillator reading stands at -1.14, while the 14-day reading stands at -1.89.
Blackstone Mortgage Trust Inc. downgraded its rating on Blackstone Mortgage Trust Inc. (NYSE: BXMT) to a Mkt perform in a note to investors on December 15, 2022. The analysts firm previously had an Outperform rating on the stock.Blackstone Mortgage Trust Inc. (BXMT) has been rated Overweight by analysts. According to 0 brokerage firms, BXMT is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Blackstone Mortgage Trust Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $25.00, the current consensus forecast for the stock is $23.00 – $26.00. Based on these forecasts, analysts predict Blackstone Mortgage Trust Inc. (BXMT) will achieve an average price target of $24.86.