In yesterday’s Wall Street session, Blackstone Mortgage Trust Inc (NYSE:BXMT) shares traded at $17.41, up 0.35% from the previous session.
BXMT stock price is now -3.05% away from the 50-day moving average and -11.94% away from the 200-day moving average. The market capitalization of the company currently stands at $3.02B.
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, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, Keenan Katharine A, CEO & President sold 4,508 shares of the company’s stock on Jun 17 ’24. The stock was sold for $79,036 at an average price of $17.53. Upon completion of the transaction, the CEO & President now directly owns 182,960 shares in the company, valued at $3.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 17 ’24, Chief Financial Officer Marone Anthony F. JR sold 1,002 shares of the business’s stock. A total of $17,595 was realized by selling the stock at an average price of $17.56. This leaves the insider owning 58,118 shares of the company worth $1.01 million. A total of 5.85% of the company’s stock is owned by insiders.
During the past 12 months, Blackstone Mortgage Trust Inc has had a low of $16.70 and a high of $23.82. The fifty day moving average price for BXMT is $17.9406 and a two-hundred day moving average price translates $19.754 for the stock.
The latest earnings results from Blackstone Mortgage Trust Inc (NYSE: BXMT) was released for 2024-06-30. The net profit margin was -8.05% and return on equity was -3.70% for BXMT. The company reported revenue of $466.15 million for the quarter, compared to $521.89 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.68 percent.
