There Is A Quest For Clarity Surrounding Blackstone Mortgage Trust Inc (NYSE: BXMT) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2023 Results.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the REIT – Mortgage industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $20.07 and fluctuated between $20.39 as its day high and $20.03 as its day low. The current market capitalization of Blackstone Mortgage Trust Inc is $3.49B. A total of 1.12 million shares were traded on the day, compared to an average of 2.41M shares.

In the most recent transaction, Keenan Katharine A sold 2,275 shares of BXMT for 20.25 per share on Mar 11 ’24. After the transaction, the CEO & President now owns 192,023 company shares. In a previous transaction on Mar 11 ’24, Marone Anthony F. JR sold 485 shares at 20.25 per share. BXMT shares that Chief Financial Officer owns now total 60,112.

Among the insiders who sold shares, Keenan Katharine A disposed of 2,274 shares on Mar 01 ’24 at a per-share price of $20.42. This resulted in the CEO & President holding 194,298 shares of BXMT after the transaction. In another insider transaction, Marone Anthony F. JR sold 506 shares at $20.39 per share on Mar 01 ’24. Company shares held by the Chief Financial Officer now total 60,597.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Blackstone Mortgage Trust Inc pays an annual dividend of $2.48, resulting in a dividend yield of 12.36%, and it has a price to earnings (P/E) ratio of 14.24. BXMT’s most recent ex-dividend date was 12/28/2023 when it declared a $0.62 quarterly dividend that was paid in cash on 1/16/2024. Previously, the company paid the dividend on 10/13/2023 with an ex-dividend date of 9/28/2023. The BXMT stock dividend was $0.62 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, BXMT has a high of $23.82 and a low of $16.60.

As of this writing, BXMT has an earnings estimate of $0.46 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.65 per share and a lower estimate of $0.25. The company reported an EPS of $0.78 in the last quarter, which was 13.00% higher than expectations of $0.69.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $25.22, while its Total Shareholder’s Equity was $4.62B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 3.29.

Most Popular

Related Posts