Blackstone Mortgage Trust Inc (NYSE: BXMT) is 14.13% higher on its value in year-to-date trading and has touched a low of $15.73 and a high of $21.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BXMT stock was last observed hovering at around $20.04 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $19.87, the stock is -0.49% and 5.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing -0.85% at the moment leaves the stock 9.68% off its SMA200. BXMT registered 10.77% gain for a year compared to 6-month gain of 10.89%.
The stock witnessed a 7.46% loss in the last 1 month and extending the period to 3 months gives it a 4.09%, and is -2.74% 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 2.16% over the week and 2.40% over the month.
Fwd P/E is 9.71. Profit margin for the company is -11.64%. Distance from 52-week low is 26.29% and -5.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.22%).
with sales reaching $104.69M over the same period.The EPS is expected to grow by 5172.29% this year, but quarterly earnings will post -8.03% year-over-year. Quarterly sales are estimated to shrink -26.47% in year-over-year returns.
The shares outstanding are 172.79M, and float is at 160.75M with Short Float at 11.39%.
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 16.8969 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 Keenan Katharine A, the company’s CEO & President. SEC filings show that Keenan Katharine A sold 2,323 shares of the company’s common stock on Mar 03 ’25 at a price of $20.70 per share for a total of $48086.0. Following the sale, the insider now owns 0.25 million shares.
Blackstone Mortgage Trust Inc disclosed in a document filed with the SEC on Mar 03 ’25 that Marone Anthony F. JR (Chief Financial Officer) sold a total of 508 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $20.70 per share for $10518.0. Following the transaction, the insider now directly holds 66613.0 shares of the BXMT stock.
Still, SEC filings show that on Mar 03 ’25, Marone Anthony F. JR (Officer) Proposed Sale 508 shares at an average price of $20.70 for $10518.0. The insider now directly holds shares of Blackstone Mortgage Trust Inc (BXMT).
