Monthly Drifts in Blackstone Mortgage Trust Inc (BXMT) Stock: A Closer Look

Blackstone Mortgage Trust Inc [BXMT] stock is trading at $18.74, up 2.18%. 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 5.76% over the last week, with a monthly amount drifted -3.65%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On March 04, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $21 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $23.50 on December 06, 2023. BTIG Research reiterated its recommendation of a Buy and raised its price target to $24 on July 17, 2023. In a note dated December 15, 2022, Keefe Bruyette downgraded an Mkt Perform rating on this stock but restated the target price of $26.

Blackstone Mortgage Trust Inc [BXMT] stock has fluctuated between $16.53 and $23.29 over the past year. Blackstone Mortgage Trust Inc [NYSE: BXMT] shares were valued at $18.74 at the most recent close of the market.

Analyzing the BXMT fundamentals

Blackstone Mortgage Trust Inc [NYSE:BXMT] reported sales of 1.96B for the trailing twelve months, which represents a drop of -10.38%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.04 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.61.

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 18.55 points at the first support level, and at 18.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.86, and for the 2nd resistance point, it is at 18.98.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.66, the price to book ratio is 0.82.

Transactions by insiders

Recent insider trading involved Marone Anthony F. JR, Chief Financial Officer, that happened on Sep 17 ’24 when 503.0 shares were sold. Officer, Marone Anthony F. JR completed a deal on Sep 17 ’24 to buy 503.0 shares. Meanwhile, Chief Financial Officer Marone Anthony F. JR sold 491.0 shares on Sep 09 ’24.

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