How did Blackstone Mortgage Trust Inc (BXMT) surprise investors with its report?

At the time of writing, Blackstone Mortgage Trust Inc [BXMT] stock is trading at $18.15, up 0.67%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BXMT shares have gain 4.19% over the last week, with a monthly amount glided 2.72%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Blackstone Mortgage Trust Inc [NYSE: BXMT] stock has seen the most recent analyst activity on March 04, 2024, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $21 from $22. Previously, UBS started tracking the stock with Neutral rating on December 06, 2023, and set its price target to $23.50. On July 17, 2023, BTIG Research reiterated its Buy rating and revised its price target to $24 on the stock. Keefe Bruyette downgraded its rating to a Mkt Perform but $26 remained the price target by the analyst firm on December 15, 2022. Keefe Bruyette upgraded its rating to Outperform for this stock on November 29, 2021, but kept the price target unchanged to $34. In a note dated April 26, 2021, JP Morgan downgraded an Neutral rating on this stock but restated the target price of $31.

For the past year, the stock price of Blackstone Mortgage Trust Inc fluctuated between $16.70 and $23.82. Blackstone Mortgage Trust Inc [NYSE: BXMT] shares were valued at $18.15 at the most recent close of the market.

Analyzing the BXMT fundamentals

According to Blackstone Mortgage Trust Inc [NYSE:BXMT], the company’s sales were 2.01B for trailing twelve months, which represents an -0.17% plunge. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.55.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.05 points at the first support level, and at 17.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.25, and for the 2nd resistance point, it is at 18.35.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.57, the price to book ratio is 0.76 and price to earnings (TTM) ratio is 662.41.

Transactions by insiders

Recent insider trading involved Keenan Katharine A, CEO & President, that happened on Jun 17 ’24 when 4508.0 shares were sold. Chief Financial Officer, Marone Anthony F. JR completed a deal on Jun 17 ’24 to sell 1002.0 shares. Meanwhile, CEO & President Keenan Katharine A sold 2296.0 shares on Jun 10 ’24.

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