Many Capital Trust, Inc.(BXMT) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Blackstone Mortgage Trust Inc was Downgraded by Wells Fargo to Market Perform on Jan 9, 2017. Blackstone Mortgage Trust Inc was Downgraded by BofA/Merrill to Neutral on Dec 15, 2016.
Company has reported several Insider transactions to the SEC, on Feb 1, 2017, Thomas C Ruffing (Managing Director) sold 136 shares at 30.43 per share price.On Feb 1, 2017, Anthony F. Jr Marone (Chief Financial Officer) sold 204 shares at 30.43 per share price.On Feb 1, 2017, Douglas N. Armer (Treasurer, Managing Director) sold 596 shares at 30.43 per share price.
Blackstone Mortgage Trust Inc Last issued its quarterly earnings results on Feb 14, 2017. The company reported $0.62 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.64. The company had revenue of $71.83 million for the quarter, compared to analysts expectations of $77.68 million. The companys revenue was down -12.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.68 EPS.
Capital Trust, Inc. (NYSE:BXMT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 6 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.
Capital Trust, Inc. (NYSE:BXMT): 5 Analyst have given the stock of Capital Trust, Inc. (NYSE:BXMT) a near short term price target of $31.6. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $1.14. The higher price target estimate is at $33 while the lower price estimates are fixed at $30.
Capital Trust, Inc. (NYSE:BXMT) witnessed a decline in the market cap on Tuesday as its shares dropped 0.86% or 0.27 points. After the session commenced at $31.36, the stock reached the higher end at $31.4 while it hit a low of $30.99. With the volume soaring to 882,923 shares, the last trade was called at $31.09. The company has a 52-week high of $31.53. The company has a market cap of $2,920 million and there are 93,913,194 shares in outstanding. The 52-week low of the share price is $22.79.
Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. The companys investment programs focuses on loans and securities backed by commercial real estate assets. Blackstone Mortgage Trust, Inc. formerly known as Capital Trust, Inc.is headquartered in New York.