Blackstone Mortgage Trust Inc (NYSE:BXMT) shares, rose in value on Thursday, April 25, with the stock price down by -1.81% to the previous day’s close as strong demand from buyers drove the stock to $17.92.
Actively observing the price movement in the recent trading, the stock is buoying the session at $18.25. The PE ratio was 654.01 over 12-month period. Referring to stock’s 52-week performance, its high was $23.82, and the low was $16.83. On the whole, BXMT has fluctuated by -10.40% over the past month.
The company’s Forward Dividend Ratio is 2.48, with its dividend yield at 13.84%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 574.95M, with a low estimate of 143M and a high estimate of 152M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 147.93M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BXMT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 301.39, with the price of BXMT currently trading nearly -5.50% and -8.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.95, while the 7-day volatility ratio is showing 2.70% which for the 30-day chart, stands at 2.36%. Furthermore, Blackstone Mortgage Trust Inc (BXMT)’s beta value is 1.46, and its average true range (ATR) is 0.53.
A comparison of Blackstone Mortgage Trust Inc (BXMT) with its peers suggests the former has fared considerably weaker in the market. BXMT showed an intraday change of -1.81% in today’s session so far, and over the past year, it grew by 6.04%%.
Data on historical trading for Blackstone Mortgage Trust Inc (NYSE:BXMT) indicates that the trading volumes over the past 3 months, they’ve averaged 2.20 million. According to company’s latest data on outstanding shares, there are 173.21 million shares outstanding.
Nearly 5.87% of Blackstone Mortgage Trust Inc’s shares belong to company insiders and institutional investors own 61.47% of the company’s shares. The stock has fallen by -15.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BXMT stock heading into the next quarter.
