Blackstone Mortgage Trust Inc (NYSE: BXMT) is -14.81% lower on its value in year-to-date trading and has touched a low of $16.53 and a high of $23.10 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 $18.29 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $18.12, the stock is -3.12% and -2.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -0.93% at the moment leaves the stock -1.62% off its SMA200. BXMT registered -21.15% loss for a year compared to 6-month gain of 1.29%. The firm has a 50-day simple moving average (SMA 50) of $18.6456 and a 200-day simple moving average (SMA200) of $18.42805.
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The stock witnessed a -4.38% loss in the last 1 month and extending the period to 3 months gives it a -7.88%, and is 1.63% 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 2.23% over the week and 2.13% over the month.
Fwd P/E is 12.10. Profit margin for the company is -13.03%. Distance from 52-week low is 9.62% and -21.56% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.34%).
The EPS is expected to shrink by -93.08% this year
417.0 institutions hold shares in Blackstone Mortgage Trust Inc (BXMT), with institutional investors hold 67.84% of the company’s shares. The shares outstanding are 172.99M, and float is at 162.73M with Short Float at 13.32%. Institutions hold 66.90% 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 10.5316 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 3.7883 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 514 shares of the company’s common stock on Dec 17 ’24 at a price of $18.80 per share for a total of $9666.0. Following the sale, the insider now owns 67121.0 shares.
Still, SEC filings show that on Dec 09 ’24, Marone Anthony F. JR (Chief Financial Officer) disposed off 482 shares at an average price of $19.07 for $9189.0. The insider now directly holds 55,635 shares of Blackstone Mortgage Trust Inc (BXMT).
