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Blackstone Mortgage Trust Inc (BXMT) – key numbers that make it a Strong Buy For Now

Blackstone Mortgage Trust Inc (NYSE: BXMT) is -15.80% lower on its value in year-to-date trading and has touched a low of $16.85 and a high of $23.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BXMT stock was last observed hovering at around $18.16 in the last trading session, with the day’s loss setting it -0.25%.

Currently trading at $17.91, the stock is -2.30% and -7.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.06 million and changing -1.38% at the moment leaves the stock -14.33% off its SMA200. BXMT registered 2.28% gain for a year compared to 6-month loss of -17.50%.

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The stock witnessed a -6.67% gain in the last 1 month and extending the period to 3 months gives it a -5.89%, and is 1.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.55% over the week and 2.60% over the month.

Current P/E ratio is 653.65 and Fwd P/E is 9.36. Profit margin for the company is 0.25%. Distance from 52-week low is 6.29% and -24.81% from its 52-week high. The company has generated returns on investments over the last 12 months (0.03%).

The EPS is expected to shrink by -45.12% this year.

Blackstone Mortgage Trust Inc (BXMT) Top Institutional Holders

The shares outstanding are 173.21M, and float is at 163.40M with Short Float at 15.75%.

Blackstone Mortgage Trust Inc (BXMT) Insider Activity

The most recent transaction is an insider sale by Keenan Katharine A,the company’sCEO & President. SEC filings show that Keenan Katharine A sold 2,275 shares of the company’s common stock on Mar 11 ’24 at a price of $20.25 per share for a total of $46066.0. Following the sale, the insider now owns 0.19 million shares.

Blackstone Mortgage Trust Inc disclosed in a document filed with the SEC on Mar 11 ’24 that Marone Anthony F. JR (Chief Financial Officer) sold a total of 485 shares of the company’s common stock. The trade occurred on Mar 11 ’24 and was made at $20.25 per share for $9822.0. Following the transaction, the insider now directly holds 60112.0 shares of the BXMT stock.

Still, SEC filings show that on Mar 01 ’24, Keenan Katharine A (CEO & President) disposed off 2,274 shares at an average price of $20.42 for $46437.0. The insider now directly holds 194,298 shares of Blackstone Mortgage Trust Inc (BXMT).

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