Momentum Is Strong For Blackstone Mortgage Trust Inc (NYSE: BXMT)

After Hours

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Stocks Info

This NYSE-listed company operates within the REIT – Mortgage industry segment, falling under the Real Estate sector. The current market capitalization of Blackstone Mortgage Trust Inc is $3.41B. A total of 1.74 million shares were traded on the day, compared to an average of 2.05M shares.

In the most recent transaction, Keenan Katharine A sold 4,508 shares of BXMT for 17.53 per share on Jun 17 ’24. After the transaction, the CEO & President now owns 182,960 company shares. In a previous transaction on Jun 17 ’24, Marone Anthony F. JR sold 1,002 shares at 17.56 per share. BXMT shares that Chief Financial Officer owns now total 58,118.

Among the insiders who sold shares, Keenan Katharine A disposed of 2,296 shares on Jun 10 ’24 at a per-share price of $17.04. This resulted in the CEO & President holding 187,468 shares of BXMT after the transaction. In another insider transaction, Marone Anthony F. JR sold 489 shares at $17.06 per share on Jun 10 ’24. Company shares held by the Chief Financial Officer now total 59,120.

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 12.64%, and it has a price to earnings (P/E) ratio of 716.06. BXMT’s most recent ex-dividend date was 6/28/2024 when it declared a $0.62 quarterly dividend that was paid in cash on 7/15/2024. Previously, the company paid the dividend on 4/15/2024 with an ex-dividend date of 3/27/2024. 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 $16.70.

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 $23.88, 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 3.50.

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