It’s still a bull thesis, just subverted: Blackstone Mortgage Trust Inc (BXMT)

At the time of writing, Blackstone Mortgage Trust Inc [BXMT] stock is trading at $20.55, up 0.93%. An important factor to consider is whether the stock is rising or falling in short-term value. The BXMT shares have lost -0.48% over the last week, with a monthly amount glided 12.79%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Blackstone Mortgage Trust Inc [NYSE: BXMT] stock has seen the most recent analyst activity on December 11, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $20 for it. On June 25, 2024, Wolfe Research initiated with a Peer Perform rating. BofA Securities downgraded its rating to a Neutral and decreased its price target to $21 on March 04, 2024. UBS initiated its recommendation with a Neutral and recommended $23.50 as its price target on December 06, 2023. BTIG Research reiterated a Buy rating for this stock on July 17, 2023, and upped its price target to $24.

For the past year, the stock price of Blackstone Mortgage Trust Inc fluctuated between $15.73 and $21.09. Blackstone Mortgage Trust Inc [NYSE: BXMT] shares were valued at $20.55 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 1.75B for trailing twelve months, which represents an -23.20% plunge. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.25%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.05 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.15.

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 20.39 points at the first support level, and at 20.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.67, and for the 2nd resistance point, it is at 20.80.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 2.01, the price to book ratio is 0.94.

Transactions by insiders

Recent insider trading involved Marone Anthony F. JR, Chief Financial Officer, that happened on Dec 17 ’24 when 514.0 shares were sold. Officer, Marone Anthony F. JR completed a deal on Dec 17 ’24 to buy 514.0 shares. Meanwhile, Chief Financial Officer Marone Anthony F. JR sold 482.0 shares on Dec 09 ’24.

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