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Shares of Blackstone Mortgage Trust (NASDAQ:BXMT) have been given an average rating of “Buy” by the thirteen ratings firms that are covering the stock, Analyst RN reports. Three investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $28.81.

Blackstone Mortgage Trust (NASDAQ:BXMT) traded up 0.17% during mid-day trading on Friday, hitting $28.87. The stock had a trading volume of 34,807 shares. Blackstone Mortgage Trust has a 1-year low of $23.28 and a 1-year high of $29.68. The stock has a 50-day moving average of $28.46 and a 200-day moving average of $27.55. The company has a market cap of $1.400 billion and a price-to-earnings ratio of 25.33.

Blackstone Mortgage Trust (NASDAQ:BXMT) last released its earnings data on Tuesday, April 29th. The company reported $0.34 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.42 by $0.08. Analysts expect that Blackstone Mortgage Trust will post $1.95 EPS for the current fiscal year.

A number of analysts have recently weighed in on BXMT shares. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Blackstone Mortgage Trust in a research note on Wednesday, April 30th. They now have a $31.50 price target on the stock. Separately, analysts at Bank of America reiterated a “neutral” rating on shares of Blackstone Mortgage Trust in a research note on Thursday, April 3rd. They now have a $30.00 price target on the stock, down previously from $32.00. Finally, analysts at Bank of America reiterated a “neutral” rating on shares of Blackstone Mortgage Trust in a research note on Tuesday, March 4th. They now have a $32.00 price target on the stock, up previously from $27.00.

Blackstone Mortgage Trust, Inc, formerly Capital Trust, Inc is a self-managed, real estate finance and investment management company that specializes in credit sensitive financial products.

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