Blackstone Mortgage Trust Inc (NYSE: BXMT) is -12.74% lower on its value in year-to-date trading and has touched a low of $16.53 and a high of $23.29 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 $18.55 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $18.56, the stock is 1.11% and -0.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 0.05% at the moment leaves the stock -0.65% off its SMA200. BXMT registered -6.50% loss for a year compared to 6-month gain of 3.63%. The firm has a 50-day simple moving average (SMA 50) of $18.5984 and a 200-day simple moving average (SMA200) of $18.68115.
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The stock witnessed a -5.02% loss in the last 1 month and extending the period to 3 months gives it a 3.28%, and is -0.54% down 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 2.62% over the week and 2.02% over the month.
Fwd P/E is 12.26. Profit margin for the company is -13.03%. Distance from 52-week low is 12.28% and -20.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.34%).
with sales reaching $110.06M over the same period.The EPS is expected to shrink by -93.18% this year, but quarterly earnings will post -26.40% year-over-year. Quarterly sales are estimated to shrink -28.40% in year-over-year returns.
Blackstone Mortgage Trust Inc (BXMT) Top Institutional Holders
411.0 institutions hold shares in Blackstone Mortgage Trust Inc (BXMT), with institutional investors hold 67.66% of the company’s shares. The shares outstanding are 173.21M, and float is at 162.88M with Short Float at 13.94%. Institutions hold 66.77% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 29.4 million shares valued at $512.06 million. The investor’s holdings represent 16.8897% of the BXMT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 18.32 million shares valued at $319.16 million to account for 10.5271 of the shares outstanding. The other top investors are BLACKSTONE INC. which holds 7.95 million shares representing 4.5692% and valued at over $138.47 million, while STATE STREET CORP holds 3.7867 of the shares totaling 6.59 million with a market value of $118.82 million.
Blackstone Mortgage Trust Inc (BXMT) Insider Activity
The most recent transaction is an insider sale by Marone Anthony F. JR, the company’s Chief Financial Officer. SEC filings show that Marone Anthony F. JR sold 503 shares of the company’s common stock on Sep 17 ’24 at a price of $19.44 per share for a total of $9778.0. Following the sale, the insider now owns 56623.0 shares.
Still, SEC filings show that on Sep 09 ’24, Marone Anthony F. JR (Chief Financial Officer) disposed off 491 shares at an average price of $18.05 for $8865.0. The insider now directly holds 57,126 shares of Blackstone Mortgage Trust Inc (BXMT).
