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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.19 million shares were traded. BXMT stock price reached its highest trading level at $18.095 during the session, while it also had its lowest trading level at $17.795.
Ratios:
For a better understanding of BXMT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.01. In the meantime, Its Debt-to-Equity ratio is 4.55 whereas as Long-Term Debt/Eq ratio is at 3.63.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on March 04, 2024, Downgraded its rating to Neutral and sets its target price to $21 from $22 previously.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $23.50.
BTIG Research reiterated its Buy rating for the stock on July 17, 2023, while the target price for the stock was revised from $19 to $24.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’24 when Keenan Katharine A sold 2,275 shares for $20.25 per share. The transaction valued at 46,066 led to the insider holds 192,023 shares of the business.
Marone Anthony F. JR sold 485 shares of BXMT for $9,822 on Mar 11 ’24. The Chief Financial Officer now owns 60,112 shares after completing the transaction at $20.25 per share. On Mar 01 ’24, another insider, Keenan Katharine A, who serves as the CEO & President of the company, sold 2,274 shares for $20.42 each. As a result, the insider received 46,437 and left with 194,298 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BXMT now has a Market Capitalization of 3108889344 and an Enterprise Value of 21575137280. As of this moment, Blackstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 653.65, and their Forward P/E ratio for the next fiscal year is 9.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 301.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 131.528.
Stock Price History:
The Beta on a monthly basis for BXMT is 1.46, which has changed by 0.02109468 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, BXMT has reached a high of $23.82, while it has fallen to a 52-week low of $16.83. The 50-Day Moving Average of the stock is -8.05%, while the 200-Day Moving Average is calculated to be -14.91%.
Shares Statistics:
Over the past 3-months, BXMT traded about 2.25M shares per day on average, while over the past 10 days, BXMT traded about 2551540 shares per day. A total of 173.21M shares are outstanding, with a floating share count of 163.40M. Insiders hold about 5.87% of the company’s shares, while institutions hold 61.71% stake in the company. Shares short for BXMT as of 1713139200 were 25731687 with a Short Ratio of 11.43, compared to 1710460800 on 25189387. Therefore, it implies a Short% of Shares Outstanding of 25731687 and a Short% of Float of 14.940000000000001.
Dividends & Splits
BXMT’s forward annual dividend rate is 2.48, up from 2.48 a year ago. Against a Trailing Annual Dividend Yield of 0.13847013The stock’s 5-year Average Dividend Yield is 9.45. The current Payout Ratio is 173.68% for BXMT, which recently paid a dividend on 2024-03-27 with an ex-dividend date of 1711497600. Stock splits for the company last occurred on 2013-05-07 when the company split stock in a 1:10 ratio.
Earnings Estimates
The firm’s stock currently is rated by 8.0 analysts. On average, analysts expect EPS of $0.46 for the current quarter, with a high estimate of $0.57 and a low estimate of $0.24, while EPS last year was $0.79. The consensus estimate for the next quarter is $0.49, with high estimates of $0.68 and low estimates of $0.35.
Analysts are recommending an EPS of between $2.26 and $1.5 for the fiscal current year, implying an average EPS of $1.78. EPS for the following year is $1.91, with 6.0 analysts recommending between $2.42 and $1.49.
Revenue Estimates
For the next quarter, 6 analysts are estimating revenue of $135.79M. There is a high estimate of $149M for the next quarter, whereas the lowest estimate is $130.17M.
A total of 5 analysts have provided revenue estimates for BXMT’s current fiscal year. The highest revenue estimate was $558M, while the lowest revenue estimate was $526.38M, resulting in an average revenue estimate of $538.08M. In the same quarter a year ago, actual revenue was $670.66MBased on 4 analysts’ estimates, the company’s revenue will be $528.91M in the next fiscal year. The high estimate is $568M and the low estimate is $504M.
