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Is it Time to Dump Blackstone Mortgage Trust Inc (BXMT) Stock After it Has Fallen 3.33% in a Week?

Friday, October 27, 2023 12:20 PM | InvestorsObserver Analysts

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Is it Time to Dump Blackstone Mortgage Trust Inc (BXMT) Stock After it Has Fallen 3.33% in a Week?

The market has been down on Blackstone Mortgage Trust Inc (BXMT) stock recently. BXMT gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Blackstone Mortgage Trust Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BXMT!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With BXMT Stock Today?

Blackstone Mortgage Trust Inc (BXMT) stock has fallen -1.91% while the S&P 500 has gained 0.07% as of 12:11 PM on Friday, Oct 27. BXMT has fallen -$0.38 from the previous closing price of $19.85 on volume of 759,052 shares. Over the past year the S&P 500 is higher by 8.08% while BXMT has fallen -21.14%. BXMT earned $1.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 17.54. To see InvestorsObserver's Sentiment Score for Blackstone Mortgage Trust Inc click here.

More About Blackstone Mortgage Trust Inc

Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income. Click Here to get the full Stock Report for Blackstone Mortgage Trust Inc stock.

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