Blackstone Group LP Company Profile (NYSE:BX)

About Blackstone Group LP (NYSE:BX)

Blackstone Group LP logoThe Blackstone Group L.P. is a global alternative asset manager. The Company's alternative asset management businesses include investment vehicles focused on private equity, non-investment grade credit, secondary private equity funds of funds and multi-asset class strategies. It operates through four segments: Private Equity, Real Estate, Hedge Fund Solutions and Credit. The Private Equity segment includes its corporate private equity business, which consists of its corporate private equity funds, Blackstone Capital Partners (BCP) funds, its sector-focused corporate private equity funds, including its energy-focused funds, Blackstone Energy Partners (BEP) funds and its core private equity fund. The Blackstone Real Estate Partners funds target a range of opportunistic real estate and real estate related investments. The Hedge Fund Solutions segment consists of Blackstone Alternative Asset Management (BAAM). The Credit segment consists principally of GSO Capital Partners LP (GSO).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Symbol: NYSE:BX
  • CUSIP: N/A
  • Web:
  • Market Cap: $21.04 billion
  • Outstanding Shares: 646,742,000
Average Prices:
  • 50 Day Moving Avg: $30.22
  • 200 Day Moving Avg: $29.23
  • 52 Week Range: $22.45 - $33.01
  • Trailing P/E Ratio: 16.06
  • Foreward P/E Ratio: 10.26
  • P/E Growth: 0.41
Sales & Book Value:
  • Annual Revenue: $5.98 billion
  • Price / Sales: 3.52
  • Book Value: $10.25 per share
  • Price / Book: 3.17
  • Annual Dividend: $1.88
  • Dividend Yield: 11.7%
  • Net Margins: 20.08%
  • Return on Equity: 15.59%
  • Return on Assets: 8.04%
  • Debt-to-Equity Ratio: 0.60%
  • Current Ratio: 1.01%
  • Quick Ratio: 1.01%
  • Average Volume: 5.04 million shs.
  • Beta: 1.42
  • Short Ratio: 5.17

Frequently Asked Questions for Blackstone Group LP (NYSE:BX)

What is Blackstone Group LP's stock symbol?

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

How often does Blackstone Group LP pay dividends? What is the dividend yield for Blackstone Group LP?

Blackstone Group LP declared a quarterly dividend on Thursday, April 20th. Stockholders of record on Monday, May 1st will be paid a dividend of $0.87 per share on Monday, May 8th. This represents a $3.48 annualized dividend and a dividend yield of 10.70%. The ex-dividend date is Thursday, April 27th. This is an increase from Blackstone Group LP's previous quarterly dividend of $0.47. View Blackstone Group LP's Dividend History.

How were Blackstone Group LP's earnings last quarter?

Blackstone Group LP (NYSE:BX) posted its quarterly earnings data on Thursday, April, 20th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.69 by $0.13. The firm had revenue of $1.94 billion for the quarter, compared to analysts' expectations of $1.60 billion. Blackstone Group LP had a return on equity of 15.59% and a net margin of 20.08%. The firm's revenue was up 108.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.31 earnings per share. View Blackstone Group LP's Earnings History.

When will Blackstone Group LP make its next earnings announcement?

Blackstone Group LP is scheduled to release their next quarterly earnings announcement on Wednesday, July, 19th 2017. View Earnings Estimates for Blackstone Group LP.

Where is Blackstone Group LP's stock going? Where will Blackstone Group LP's stock price be in 2017?

8 brokerages have issued 1-year price targets for Blackstone Group LP's shares. Their forecasts range from $26.00 to $45.00. On average, they expect Blackstone Group LP's share price to reach $35.71 in the next year. View Analyst Ratings for Blackstone Group LP.

What are analysts saying about Blackstone Group LP stock?

Here are some recent quotes from research analysts about Blackstone Group LP stock:

  • 1. Jefferies Group LLC analysts commented, "AGNC reported 1Q17 comprehensive income of $0.35 per share, versus its dividend of $0.54, so book value was down 0.9%, to $20.98." (4/27/2017)
  • 2. According to Zacks Investment Research, "Blackstone’s shares outperformed the Zacks categorized Investment Management industry, over the past six months. While the company remains well positioned to capitalize on the changing investment landscape by making long-term investments and augmenting its fund-raising ability, increased dependence on management and advisory fees remain a near-term headwind. Further, regulatory changes in the finance sector will likely dent its ability to raise funds to some extent. Also, the company continues to face the adverse effects of ongoing volatility in the capital market." (4/7/2017)

Are investors shorting Blackstone Group LP?

Blackstone Group LP saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 18,149,242 shares, a decrease of 22.4% from the April 28th total of 23,397,272 shares. Based on an average daily trading volume, of 4,756,069 shares, the short-interest ratio is currently 3.8 days. Currently, 2.8% of the company's shares are sold short.

Who are some of Blackstone Group LP's key competitors?

Who owns Blackstone Group LP stock?

Blackstone Group LP's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (6.13%), Morgan Stanley (5.11%), Janus Capital Management LLC (2.92%), Massachusetts Financial Services Co. MA (2.02%), ING Groep NV (1.54%) and Bank of Montreal Can (0.86%). Company insiders that own Blackstone Group LP stock include Bennett J Goodman, Group LP Blackstone, Holdings LP Blackstone III, John G Finley and Kathleen Skero. View Institutional Ownership Trends for Blackstone Group LP.

Who sold Blackstone Group LP stock? Who is selling Blackstone Group LP stock?

Blackstone Group LP's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, FMR LLC, Ameriprise Financial Inc., Credit Suisse AG, Thrivent Financial For Lutherans, Clinton Group Inc., ING Groep NV and Factory Mutual Insurance Co.. Company insiders that have sold Blackstone Group LP stock in the last year include Bennett J Goodman, Holdings LP Blackstone III, John G Finley and Kathleen Skero. View Insider Buying and Selling for Blackstone Group LP.

Who bought Blackstone Group LP stock? Who is buying Blackstone Group LP stock?

Blackstone Group LP's stock was purchased by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Morgan Stanley, State of New Jersey Common Pension Fund D, Wellington Management Group LLP, Russell Investments Group Ltd., Gluskin Sheff & Assoc Inc., Massachusetts Financial Services Co. MA and Renaissance Technologies LLC. View Insider Buying and Selling for Blackstone Group LP.

How do I buy Blackstone Group LP stock?

Shares of Blackstone Group LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Blackstone Group LP stock cost?

One share of Blackstone Group LP stock can currently be purchased for approximately $32.53.

Analyst Ratings

Consensus Ratings for Blackstone Group LP (NYSE:BX) (?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $35.71 (9.79% upside)

Analysts' Ratings History for Blackstone Group LP (NYSE:BX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/23/2017Jefferies Group LLCBoost Price TargetBuy$35.00 -> $38.00LowView Rating Details
5/23/2017Credit Suisse Group AGBoost Price TargetOutperform$42.00 -> $45.00HighView Rating Details
5/22/2017Citigroup IncUpgradeNeutral -> Buy$32.00 -> $40.00HighView Rating Details
2/27/2017Deutsche Bank AGInitiated CoverageBuyN/AView Rating Details
1/15/2017Barclays PLCReiterated RatingBuy$34.00N/AView Rating Details
12/17/2016Morgan StanleyReiterated RatingOverweightN/AView Rating Details
12/16/2016Bank of America CorpUpgradeNeutral -> Buy$34.00N/AView Rating Details
7/11/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$34.00 -> $33.00N/AView Rating Details
3/29/2016JPMorgan Chase & Co.Lower Price Target$38.00 -> $35.00N/AView Rating Details
3/16/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$32.00N/AView Rating Details
2/2/2016ArgusLower Price TargetBuy$43.00 -> $38.00N/AView Rating Details
1/29/2016Sandler O'NeillLower Price TargetBuy$33.00N/AView Rating Details
1/26/2016Royal Bank of CanadaLower Price TargetOutperform$44.00 -> $38.00N/AView Rating Details
1/13/2016Susquehanna Bancshares IncLower Price TargetPositive$44.00 -> $41.00N/AView Rating Details
1/13/2016JMP SecuritiesLower Price Target$44.00 -> $40.00N/AView Rating Details
12/16/2015Piper Jaffray CompaniesReiterated RatingPositive$45.00N/AView Rating Details
12/14/2015William BlairInitiated CoverageOutperformN/AView Rating Details
8/11/2015Goldman Sachs Group IncInitiated CoverageBuy$43.00N/AView Rating Details
8/9/2015Standpoint ResearchReiterated RatingHold$48.00N/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for Blackstone Group LP (NYSE:BX)
Earnings by Quarter for Blackstone Group LP (NYSE:BX)
Earnings History by Quarter for Blackstone Group LP (NYSE:BX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/20/2017Q1 2017$0.69$0.82$1.60 billion$1.94 billionViewN/AView Earnings Details
1/26/2017Q416$0.64$0.68$1.52 billion$1.57 billionViewN/AView Earnings Details
10/27/2016Q316$0.51$0.57$1.55 billion$1.43 billionViewListenView Earnings Details
7/21/2016Q216$0.39$0.44$1.11 billion$1.17 billionViewListenView Earnings Details
4/21/2016Q116$0.37$0.31$955.75 million$929.45 millionViewListenView Earnings Details
1/28/2016Q415$0.46$0.37$1.52 billion$877.20 billionViewListenView Earnings Details
10/15/2015Q315($0.23)($0.35)$1.79 billion($32,200,000.00) millionViewListenView Earnings Details
7/16/2015Q215$0.52$0.43$1.31 billion$1.20 billionViewListenView Earnings Details
4/16/2015Q115$1.05$1.37$2.04 billion$2.51 billionViewN/AView Earnings Details
2/10/2015$0.96$1.25ViewN/AView Earnings Details
1/29/2015Q414$0.95$1.25$1.47 billion$2.14 billionViewN/AView Earnings Details
10/16/2014Q314$0.78$0.66$1.60 billion$1.65 billionViewListenView Earnings Details
7/17/2014Q214$0.70$1.15$1.53 billion$938.88 millionViewN/AView Earnings Details
4/17/2014Q114$0.56$0.70$1.32 billion$484.00 millionViewN/AView Earnings Details
1/31/2014Q413$0.64$0.68$1.39 billion$2.69 billionViewN/AView Earnings Details
10/17/2013Q313$0.59$0.56$1.33 billion$1.23 billionViewN/AView Earnings Details
7/18/2013Q2 2013$0.54$0.62$1.22 billion$1.43 billionViewN/AView Earnings Details
4/18/2013Q1 2013$0.51$0.55$1.13 billion$1.26 billionViewN/AView Earnings Details
1/31/2013Q4 2012$0.47$0.59$1.15 billion$1.23 billionViewN/AView Earnings Details
10/18/2012$0.41$0.55ViewN/AView Earnings Details
7/19/2012$0.21$0.19ViewN/AView Earnings Details
4/19/2012$0.40$0.39ViewN/AView Earnings Details
2/2/2012$0.39$0.40ViewN/AView Earnings Details
10/20/2011($0.02)($0.31)ViewN/AView Earnings Details
7/21/2011$0.33$0.63ViewN/AView Earnings Details
4/21/2011$0.41$0.51ViewN/AView Earnings Details
2/3/2011$0.30$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Blackstone Group LP (NYSE:BX)
2017 EPS Consensus Estimate: $2.68
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.66$0.76$0.71
Q2 20173$0.59$0.67$0.62
Q3 20173$0.62$0.69$0.65
Q4 20173$0.63$0.77$0.70
(Data provided by Zacks Investment Research)


Current Dividend Information for Blackstone Group LP (NYSE:BX)
Most Recent Dividend:5/8/2017
Annual Dividend:$1.88
Dividend Yield:5.78%
Dividend Growth:22.10% (3 Year Average)
Payout Ratio:121.29% (Trailing 12 Months of Earnings)
64.60% (Based on This Year's Estimates)
59.31% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Blackstone Group LP (NYSE:BX)

Dividend History by Quarter for Blackstone Group LP (NYSE:BX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Blackstone Group LP (NYSE:BX)
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 43.26%
Insider Trades by Quarter for Blackstone Group LP (NYSE:BX)
Institutional Ownership by Quarter for Blackstone Group LP (NYSE:BX)
Insider Trades by Quarter for Blackstone Group LP (NYSE:BX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/15/2017John G FinleyInsiderSell20,000$30.72$614,400.00View SEC Filing  
2/10/2017Bennett J GoodmanDirectorSell635,075$30.26$19,217,369.50View SEC Filing  
1/13/2017Holdings L.P. Blackstone IIIMajor ShareholderSell9,728,297$22.67$220,540,492.99View SEC Filing  
12/19/2016John G FinleyInsiderSell10,000$29.00$290,000.00View SEC Filing  
11/21/2016Holdings L.P. Blackstone IIIMajor ShareholderSell9,728,297$22.66$220,443,210.02View SEC Filing  
9/7/2016Kathleen SkeroInsiderSell11,500$26.51$304,865.00View SEC Filing  
8/15/2016Kathleen SkeroInsiderSell11,000$27.87$306,570.00View SEC Filing  
11/4/2015Group L.P. BlackstoneMajor ShareholderBuy60,000$13.79$827,400.00View SEC Filing  
11/3/2015Group L.P. BlackstoneMajor ShareholderBuy100,000$12.72$1,272,000.00View SEC Filing  
11/2/2015Group L.P. BlackstoneMajor ShareholderBuy50,000$12.37$618,500.00View SEC Filing  
9/3/2015Kathleen SkeroinsiderSell2,800$34.07$95,396.00View SEC Filing  
4/29/2015John G FinleyInsiderSell12,000$42.18$506,160.00View SEC Filing  
3/4/2015Hamilton E JamesCOOSell655,000$38.27$25,066,850.00View SEC Filing  
3/3/2015Hamilton E JamesCOOSell475,000$37.93$18,016,750.00View SEC Filing  
3/2/2015Hamilton E JamesCOOSell870,000$38.12$33,164,400.00View SEC Filing  
2/19/2015J Tomilson HillVice ChairmanSell443,240$36.34$16,107,341.60View SEC Filing  
8/12/2014Real Estate Associa BlackstoneMajor ShareholderSell8,050,000$21.10$169,855,000.00View SEC Filing  
2/12/2014Laurence TosiCFOSell200,000$31.57$6,314,000.00View SEC Filing  
10/25/2013Hamilton E JamesCOOSell3,250,000$27.26$88,595,000.00View SEC Filing  
7/31/2013Hamilton E JamesCOOSell1,500,000$22.81$34,215,000.00View SEC Filing  
2/15/2013Hamilton E JamesCOOSell3,500,000$18.35$64,225,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Blackstone Group LP (NYSE:BX)
Latest Headlines for Blackstone Group LP (NYSE:BX)
DateHeadline logo[$$] Blackstone’s $100 Billion Bridge-and-Tunnel Man - May 24 at 8:59 PM logoFidelity & Guaranty to be bought for $1.84 billion - May 24 at 3:57 PM logo[$$] Blackstone is Taking Over Mom-and-Pop Real-Estate Investing - May 24 at 10:49 AM logoCF Corporation to Acquire Fidelity & Guaranty Life in Transformative All-Cash Transaction Valued at $1.835 Billion - May 24 at 10:49 AM logoU.S. insurer Fidelity & Guaranty to be bought for $1.84 bln - May 24 at 10:49 AM logo[$$] Blackstone's $100 Billion Bridge-and-Tunnel Man - May 24 at 10:49 AM logo[$$] CF Corp to Buy Fidelity & Guaranty Life - May 24 at 10:49 AM logoFY2017 EPS Estimates for Blackstone Group LP Boosted by Jefferies Group (BX) - May 24 at 8:54 AM logoBlackstone's Stock Surges on Saudi Infrastructure Commitment - May 23 at 1:00 PM logoWith Blackstone's New Fund, Don't Confuse Infrastructure Investment with Infrastructure Development - May 23 at 1:00 PM logo[$$] Blackstone Is Taking Over Mom-and-Pop Real Estate Investing - May 23 at 1:00 PM logoEU mergers and takeovers (May 23) - May 23 at 1:00 PM logoNokia, Momo, Kosmos, Take-Two: How to Trade Tuesday's Most-Active Stocks - May 23 at 1:00 PM logoBlackstone Group LP (BX) Earns "Buy" Rating from Jefferies Group LLC - May 23 at 9:26 AM logoBlackstone Group LP (BX) Downgraded to "Buy" at Vetr Inc. - May 23 at 12:38 AM logoA Wall Street giant has raised $40 billion with the help of Saudi Arabia - and it could 'benefit significantly' from Trump's policies - May 22 at 4:00 PM logoIs Blackstone Shovel-Ready? - May 22 at 4:00 PM logoSaudi Investment Helps Solidify Long Thesis For Blackstone - May 22 at 3:29 PM logoWhy Blackstone Group LP (BX) Stock Is Jumping Today - May 22 at 1:34 PM logoBlackstone Group Target of Unusually High Options Trading (BX) - May 22 at 1:26 PM logoI'll Take A $20 Billion Saudi Investment Over Unit Buybacks Any Day - May 22 at 12:48 PM logo[$$] Saudi/Blackstone/SoftBank: active threat - May 22 at 12:48 PM logo[$$] Saudi wealth fund to invest $65bn with foreign asset managers - May 22 at 12:48 PM logoBoeing, Blackstone Announce Multibillion-Dollar Deals in Saudi Arabia During Trump Visit - May 22 at 12:48 PM logo[$$] Saudis’ $20 Billion Wager With Blackstone Marks Record Bet on U.S. Public Works - May 22 at 12:48 PM logoLockheed and Boeing Rise in Premarket Following Saudi Deals Bonanza - May 22 at 12:48 PM logoBlackstone Details $100 Billion Infrastructure Investment Plan - May 22 at 12:48 PM logoBlackstone: A Super-Sized Infrastructure Fund - May 22 at 12:48 PM logoHere's What Saudi Arabia's Investment With Blackstone Means For The Stock - May 22 at 11:22 AM logoBlackstone Group LP (BX) Upgraded to "Buy" by Citigroup Inc - May 22 at 8:28 AM logoThe Wall Street Journal: Saudi Arabia’s $20 billion wager with Blackstone is record-sized bet on U.S. infrastructure - May 21 at 9:18 PM logo[$$] Saudi's $20 Billion Wager Marks Record Bet on U.S. Public Works - May 20 at 4:09 PM logoBlackstone CFO Says Decisions Don't Live or Die on Policy - May 17 at 4:08 PM logoHow to make money by betting against passive investing - May 16 at 4:10 PM logoStanChart Said Urged by Blackstone to Buy Back Singapore Holding - May 16 at 4:10 PM logoBlackstone Mortgage Trust to Present at the KBW 2017 Mortgage Finance Conference - May 16 at 9:30 AM logoThe Blackstone Group LP breached its 50 day moving average in a Bearish Manner : BX-US : May 15, 2017 - May 15 at 10:58 AM logo[$$] Deal Close Announcements: May 8-12 - May 12 at 9:40 PM logo$1.44 Billion in Sales Expected for Blackstone Group LP (BX) This Quarter - May 12 at 3:44 PM logoCtrip, Blackstone Said to Mull Bids for ProSieben Travel Arm - May 12 at 2:45 AM logoHere's Why it is Wise to Hold Blackstone (BX) Stock Now - May 11 at 4:42 PM logo$0.61 EPS Expected for Blackstone Group LP (BX) This Quarter - May 10 at 8:38 AM logoBlackstone Group Remains A High Yield Hold - Seeking Alpha - May 8 at 3:59 PM logoSinclair Capitalizes on Looser FCC Rules to Buy Tribune Media for $6.6 Billion - May 8 at 3:59 PM logoFund Investors Are Betting Big on Infrastructure - May 8 at 10:15 AM logoTakeaways from Blackstone's Blowout Quarter - May 7 at 4:22 PM logoBlackstone Group LP (BX) Given Consensus Recommendation of "Buy" by Brokerages - May 5 at 7:00 PM logoBlackstone's Gray Gives $21 Million to Hit Cancer Close to Home - May 4 at 4:11 PM logoBlackstone, CVC to Mull Bids for Emaar Entertainment Stake - May 4 at 8:59 AM logo[$$] Plots & Ploys - May 3 at 7:18 PM



Blackstone Group LP (BX) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff