Blackstone Mortgage Trust Inc [NYSE: BXMT] closed the trading session at $20.23.
The stocks have a year to date performance of -4.89 percent and weekly performance of 7.55 percent. The stock has been moved at 0.50 percent over the last six months. The stock has performed 13.78 percent around the most recent 30 days and changed 12.70 percent over the most recent 3-months.
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If compared to the average trading volume of 1.94M shares, BXMT reached to a volume of 2793224 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Blackstone Mortgage Trust Inc [BXMT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BXMT shares is $18.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BXMT stock is a recommendation set at 2.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Blackstone Mortgage Trust Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 19, 2024. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on June 25, 2024, representing the official price target for Blackstone Mortgage Trust Inc stock. Previously, the target price had yet another drop from $22 to $21, while BofA Securities kept a Neutral rating on BXMT stock.
The Average True Range (ATR) for Blackstone Mortgage Trust Inc is set at 0.39, with the Price to Sales ratio for BXMT stock in the period of the last 12 months amounting to 1.79. The Price to Book ratio for the last quarter was 0.88, with the Price to Cash per share for the same quarter was set at 2.15. Price to Free Cash Flow for BXMT in the course of the last twelve months was 8.45.
BXMT stock trade performance evaluation
Blackstone Mortgage Trust Inc [BXMT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.55. With this latest performance, BXMT shares gained by 13.78% in over the last four-week period, additionally plugging by 0.50% over the last 6 months – not to mention a drop of -13.51% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BXMT stock in for the last two-week period is set at 78.00, with the RSI for the last a single of trading hit 86.49, and the three-weeks RSI is set at 71.11 for Blackstone Mortgage Trust Inc [BXMT]. The present Moving Average for the last 50 days of trading for this stock 18.29, while it was recorded at 19.57 for the last single week of trading, and 19.12 for the last 200 days.
Earnings per share (EPS) analysis for Blackstone Mortgage Trust Inc [BXMT] stock
With the latest financial reports released by the company, Blackstone Mortgage Trust Inc posted 0.78/share EPS, while the average EPS was predicted by analysts to be reported at 0.69/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.09. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BXMT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Blackstone Mortgage Trust Inc go to 2.17%.
Blackstone Mortgage Trust Inc [BXMT]: Institutional Ownership
There are presently around $65.88%, or 66.75%% of BXMT stock, in the hands of institutional investors. The top three institutional holders of BXMT stocks are: BLACKROCK INC. with ownership of 29.4 million shares, which is approximately 16.8897%. VANGUARD GROUP INC, holding 18.32 million shares of the stock with an approximate value of $$319.16 million in BXMT stocks shares; and VANGUARD GROUP INC, currently with $$138.47 million in BXMT stock with ownership which is approximately 4.5692%.
