NYSE:BX - Blackstone Group Stock Price, News, & Analysis

Blackstone Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BX."

Blackstone Group declared a quarterly dividend on Thursday, April 18th. Shareholders of record on Monday, April 29th will be paid a dividend of $0.37 per share on Monday, May 6th. This represents a $1.48 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date is Friday, April 26th. View Blackstone Group's Dividend History.

Blackstone Group LP (NYSE:BX) posted its earnings results on Thursday, April, 18th. The asset manager reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.08. The asset manager had revenue of $2.02 billion for the quarter, compared to analysts' expectations of $1.48 billion. Blackstone Group had a return on equity of 12.79% and a net margin of 23.35%. The firm's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.53 EPS. View Blackstone Group's Earnings History.

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, July 18th 2019. View Earnings Estimates for Blackstone Group.

11 brokerages have issued 12-month target prices for Blackstone Group's stock. Their predictions range from $34.00 to $47.50. On average, they expect Blackstone Group's share price to reach $43.5909 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for Blackstone Group.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Group in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Blackstone Group.

News coverage about BX stock has trended somewhat positive on Sunday, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Blackstone Group earned a daily sentiment score of 1.9 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Some companies that are related to Blackstone Group include LEG & GEN GRP P/S (LGGNY), Ameriprise Financial (AMP), Franklin Resources (BEN), KKR & Co Inc (KKR), Invesco (IVZ), Oaktree Capital Group LLC Unit (OAK), Apollo Global Management (APO), Morningstar (MORN), Affiliated Managers Group (AMG), Lazard (LAZ), Eaton Vance (EV), Janus Henderson Group (JHG), Evercore (EVR), Federated Investors (FII) and Houlihan Lokey (HLI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Group investors own include AT&T (T), Bank of America (BAC), Alibaba Group (BABA), Verizon Communications (VZ), Micron Technology (MU), General Electric (GE), Gilead Sciences (GILD), Cisco Systems (CSCO), NVIDIA (NVDA) and JPMorgan Chase & Co. (JPM).

Blackstone Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Morgan Stanley (5.00%), Bank of Montreal Can (3.21%), FMR LLC (1.80%), Natixis (1.27%), Janus Henderson Group PLC (1.08%) and Swedbank (0.76%). Company insiders that own Blackstone Group stock include Bennett J Goodman, Blackstone Bgsl Holdings Llc, Group LP Blackstone, Holdings LP Blackstone III, J Tomilson Hill, Joan Solotar, John G Finley and Real Estate Associa Blackstone. View Institutional Ownership Trends for Blackstone Group.

BX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vantage Investment Partners LLC, Swedbank, Amundi Pioneer Asset Management Inc., Chilton Investment Co. LLC, Toronto Dominion Bank, Man Group plc and State of New Jersey Common Pension Fund D. Company insiders that have sold Blackstone Group company stock in the last year include Bennett J Goodman, J Tomilson Hill and John G Finley. View Insider Buying and Selling for Blackstone Group.

BX stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Morgan Stanley, Ellis Investment Partners LLC, Natixis, Marshall Wace North America L.P., Wells Fargo & Company MN, Coronation Fund Managers Ltd. and Fairview Capital Investment Management LLC. Company insiders that have bought Blackstone Group stock in the last two years include Blackstone Bgsl Holdings Llc, Group LP Blackstone and Holdings LP Blackstone III. View Insider Buying and Selling for Blackstone Group.

Shares of BX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BX stock can currently be purchased for approximately $40.65.

Blackstone Group has a market capitalization of $26.77 billion and generates $6.83 billion in revenue each year. The asset manager earns $1.54 billion in net income (profit) each year or $2.26 on an earnings per share basis. Blackstone Group employs 2,615 workers across the globe.

The official website for Blackstone Group is http://www.blackstone.com.

Blackstone Group's mailing address is 345 Park Avenue, New York NY, 10154. The asset manager can be reached via phone at 212-583-5000 or via email at [email protected]