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Wednesday, February 8, 2023

Insights Into Blackstone Mortgage Trust Inc. (BXMT) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Blackstone Mortgage Trust Inc. (BXMT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.04%, to $22.90. The Blackstone Mortgage Trust Inc. has recorded 32,367 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Blackstone Mortgage Trust Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call.

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Stocks Info

Blackstone Mortgage Trust Inc. is listed on the NYSE in the Real Estate sector while operating in the REIT – Mortgage industry. At the end of the last regular session, the stock closed at $22.91 and fluctuated between $23.62 as its day high and $22.89 as its day low. The current market capitalization of Blackstone Mortgage Trust Inc. is $3.81B. A total of 2.61 million shares were traded on the day, compared to an average of 1.81M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BXMT has seen 4 BUY and 5 SELL insider trades, representing the acquisition of 132,000 and the disposition of 4,753 shares. Over the last 12 months, there were 31 BUYs and 26 SELLs from insiders. Insiders purchased 243,670 shares during that period but sold 25,957.

In the most recent transaction, Keenan Katharine A sold 1,011 shares of BXMT for 21.14 per share on Dec 30. After the transaction, the CEO & President now owns 167,409 company shares. In a previous transaction on Dec 09, Marone Anthony F. JR sold 490 shares at 23.55 per share. BXMT shares that Chief Financial Officer owns now total 54,667.

Among the insiders who sold shares, Keenan Katharine A disposed of 2,299 shares on Dec 09 at a per-share price of $23.53. This resulted in the CEO & President holding 168,420 shares of BXMT after the transaction. In another insider transaction, Marone Anthony F. JR sold 400 shares at $23.59 per share on Dec 06. Company shares held by the Chief Financial Officer now total 55,157.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Blackstone Mortgage Trust Inc. pays an annual dividend of $2.48, resulting in a dividend yield of 10.82%, and it has a price to earnings (P/E) ratio of 9.57. BXMT’s most recent ex-dividend date was 12/29/2022 when it declared a $0.62 quarterly dividend that was paid in cash on 1/13/2023. Previously, the company paid the dividend on 10/14/2022 with an ex-dividend date of 9/29/2022. The BXMT stock dividend was $0.62 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for BXMT in the last 3 months, the mean price target is $27.71 with high estimates of $30.00 and low estimates of $26.00. In terms of 52-week highs and lows, BXMT has a high of $32.90 and a low of $20.87.

As of this writing, BXMT has an earnings estimate of $0.71 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.78 per share and a lower estimate of $0.62. The company reported an EPS of $0.67 in the last quarter, which was 6.30% higher than expectations of $0.63.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 9 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BXMT is Overweight with a score of 3.50. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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