Business

Keep Your Eyes on Stock News: Blackstone Mortgage Trust (NYSE:BXMT)

Blackstone Mortgage Trust (NYSE:BXMT) noted trading -26.59% off 52-week high price. On the other end, the stock has been noted 8.16% away from the low price over the last 52-weeks. The stock changed 3.76% to recent value of $29.82. The stock transacted 4333833 shares during most recent day however it has an average volume of 1.20M shares. The company has 139.03M of outstanding shares and 133.99M shares were floated in the market.  

On March 13, 2020, Blackstone Mortgage Trust (NYSE:BXMT) disclosed a dividend of $0.62 per share of class A common stock with respect to the first quarter of 2020. This dividend is payable on April 15, 2020 to stockholders of record as of the close of business on March 31, 2020.

About Blackstone Mortgage Trust

Blackstone Mortgage Trust (NYSE:BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from our loan portfolio. We are externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone.  Its earnings per share (EPS) expected to touch remained -6.20% for this year while earning per share for the next 5-years is expected to reach at -3.02%. BXMT has a gross margin of 48.10% and an operating margin of 34.80% while its profit margin remained 34.60% for the last 12 months. 

The price moved ahead of -20.55% from the mean of 20 days, -21.04% from mean of 50 days SMA and performed -18.12% from mean of 200 days price. Company’s performance for the week was -18.19%, -25.26% for month and YTD performance remained -19.88%.

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