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In the latest session, Blackstone Mortgage Trust Inc (NYSE: BXMT) closed at $17.30 up 0.16% from its previous closing price of $17.27. In other words, the price has increased by $0.16 from its previous closing price. On the day, 0.64 million shares were traded. BXMT stock price reached its highest trading level at $17.405 during the session, while it also had its lowest trading level at $17.24.
Ratios:
For a deeper understanding of Blackstone Mortgage Trust Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.77. In the meantime, Its Debt-to-Equity ratio is 4.55 whereas as Long-Term Debt/Eq ratio is at 3.63.
On March 04, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $22 to $21.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $23.50.UBS initiated its Neutral rating on December 06, 2023, with a $23.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 17 ’24 when Keenan Katharine A sold 4,508 shares for $17.53 per share. The transaction valued at 79,036 led to the insider holds 182,960 shares of the business.
Marone Anthony F. JR sold 1,002 shares of BXMT for $17,595 on Jun 17 ’24. The Chief Financial Officer now owns 58,118 shares after completing the transaction at $17.56 per share. On Jun 10 ’24, another insider, Keenan Katharine A, who serves as the CEO & President of the company, sold 2,296 shares for $17.04 each. As a result, the insider received 39,115 and left with 187,468 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 2999531520 and an Enterprise Value of 21464301568. As of this moment, Blackstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 631.32, and their Forward P/E ratio for the next fiscal year is 9.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 290.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.49 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 130.852.
Stock Price History:
Over the past 52 weeks, BXMT has reached a high of $23.82, while it has fallen to a 52-week low of $16.70. The 50-Day Moving Average of the stock is -2.62%, while the 200-Day Moving Average is calculated to be -13.62%.
Shares Statistics:
For the past three months, BXMT has traded an average of 2.01M shares per day and 2112520 over the past ten days. A total of 173.21M shares are outstanding, with a floating share count of 163.30M. Insiders hold about 5.93% of the company’s shares, while institutions hold 61.64% stake in the company. Shares short for BXMT as of 1718323200 were 26248862 with a Short Ratio of 13.07, compared to 1715731200 on 26699995. Therefore, it implies a Short% of Shares Outstanding of 26248862 and a Short% of Float of 21.020001.
Dividends & Splits
According to the company, the forward annual dividend rate for BXMT is 2.48, from 2.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.14360161The stock’s 5-year Average Dividend Yield is 9.81.
