Blackstone Mortgage Trust Inc (NYSE:BXMT) does about 1.44M shares in volume on a normal day but saw 3836128 shares change hands in the recent trading day. The company now has a market cap of 3.32B USD. Its current market price is $1440000.0, marking an increase of 3836128% compared to the previous close of $19.32. The 52 week high reached by this stock is $21.24 whilst the lowest price level in 52 weeks is $16.13.
The consensus objective for the share price is $20.29, suggesting that the stock has a potential downside of -7096992.16% over the period.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 11, 2024 when Wolfe Research upgraded the stock to “Outperform” and issued a price target of $20.
The current price level is 1.53%, 2.27%, and 2.43% away from its SMA20, SMA50, and SMA200 respectively, with the BXMT price moving above the 50-day SMA on current market day. Blackstone Mortgage Trust Inc (BXMT) stock is down -0.82% over the week and -0.05% over the past month. Its price is 14.43% year-to-date and 11.03% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -7096992.16 percent from here.
The company has a return on investment of -0.45% and return on equity of -2.06%. The forward price to earnings ratio is 10.71. The beta has a value of 1.16. Price to book ratio is 0.90 and price to sales ratio is 2.07.