Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Blackstone Mortgage Trust Inc (NYSE: BXMT) closed at $17.65 down -3.29% from its previous closing price of $18.25. In other words, the price has decreased by -$3.29 from its previous closing price. On the day, 4.05 million shares were traded. BXMT stock price reached its highest trading level at $18.19 during the session, while it also had its lowest trading level at $17.64.
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 7.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.91. 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:
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 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 3169551616 and an Enterprise Value of 21529395200. As of this moment, Blackstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 644.16, and their Forward P/E ratio for the next fiscal year is 9.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 296.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 131.249.
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 $16.83. The 50-Day Moving Average of the stock is -9.55%, while the 200-Day Moving Average is calculated to be -16.31%.
Shares Statistics:
For the past three months, BXMT has traded an average of 2.20M shares per day and 2526510 over the past ten days. A total of 173.21M shares are outstanding, with a floating share count of 163.49M. Insiders hold about 5.87% of the company’s shares, while institutions hold 61.78% stake in the company. Shares short for BXMT as of 1713139200 were 25731687 with a Short Ratio of 11.70, 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
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 0.13589041The stock’s 5-year Average Dividend Yield is 9.45.
