Does Blackstone Mortgage Trust Inc (BXMT) offer a good opportunity for investors?

With 1.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.57 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $19.02 whereas the lowest price it dropped to was $18.64. The 52-week range on BXMT shows that it touched its highest point at $23.29 and its lowest point at $16.53 during that stretch. It currently has a 1-year price target of $20.00. With its current market cap of 3.21 billion, BXMT has annualized dividend of $2.33 while the current yield stands at 12.49%. BXMT paid its most recent dividend on 1727654400, while the ex-dividend date for that was 1727654400. Beta for the stock currently stands at 1.53.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BXMT was up-trending over the past week, with a rise of 4.54%, but this was down by -1.43% over a month. Three-month performance surged to 2.19% while six-month performance rose 7.61%. The stock lost -15.91% in the past year, while it has lost -12.27% so far this year. A look at the trailing 12-month EPS for BXMT yields -1.40 with Next year EPS estimates of 1.50. For the next quarter, that number is -1.01. This implies an EPS growth rate of -93.03% for this year and 604.96% for next year. EPS is expected to decline by -14.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.62%.

Float and Shares Shorts:

At present, 173.21 million BXMT shares are outstanding with a float of 162.84 million shares on hand for trading. On 2024-10-31, short shares totaled 23.41 million, which was 1353.0 higher than short shares on 1727654400. In addition to Mr. Timothy Johnson as the firm’s Chairman of the Board, Global Head of BREDS & Senior MD, Ms. Katharine Amelia Keenan serves as its CEO, President & Director.

Institutional Ownership:

Through their ownership of 0.66846 of BXMT’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BXMT since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BXMT analysts setting a high price target of 23.0 and a low target of 18.5, the average target price over the next 12 months is 20.0. Based on these targets, BXMT could surge 23.26% to reach the target high and fall by -0.86% to reach the target low. Reaching the average price target will result in a growth of 7.18% from current levels.

Analysts have provided yearly estimates in a range of $0.39025 being high and $0.03297879 being low. For BXMT, this leads to a yearly average estimate of $0.21253. The surprise factor in the prior quarter was $0.46. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.0. The average estimate for the next quarter is thus $0.23.