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

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$36.49 -0.31 (-0.84 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$36.80
Today's Range$36.38 - $37.17
52-Week Range$29.57 - $37.52
Volume3.28 million shs
Average Volume4.72 million shs
Market Capitalization$24.15 billion
P/E Ratio13.14
Dividend Yield6.41%
Beta1.36
Blackstone Group logoThe Blackstone Group L.P. is a publicly owned hedge fund sponsor. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations, retirees, sovereign wealth funds, and institutional and individual investors. The firm manages separate client focused portfolios for its clients. It launches fixed income mutual funds. The firm also launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York City with additional offices in San Francisco, California, London, United Kingdom, Hong Kong, Beijing, China, Dubai, UAE, Dusseldorf, Germany, Los Angeles, Santa Monica, Mexico City, Mexico, Paris, France, Sao Paulo, Brazil, Seoul, Korea, Shanghai, China, Singapore, Sydney, Australia, Copenhagen, Denmark, Toronto, Canada, Baltimore, Maryland, and Tokyo, Japan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryN/A
SectorFinance
SymbolNYSE:BX
CUSIPN/A
Phone212-583-5000

Debt

Debt-to-Equity Ratio0.72
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio13.14
Forward P/E Ratio11.92
P/E Growth1.12

Sales & Book Value

Annual Sales$7.12 billion
Price / Sales3.42
Cash Flow$5.4708 per share
Price / Cash6.67
Book Value$21.43 per share
Price / Book1.70

Profitability

EPS (Most Recent Fiscal Year)$2.81
Net Income$1.47 billion
Net Margins22.12%
Return on Equity22.64%
Return on Assets9.95%

Miscellaneous

Employees2,360
Outstanding Shares667,150,000
Market Cap$24.15 billion

Blackstone Group (NYSE:BX) Frequently Asked Questions

What is Blackstone Group's stock symbol?

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

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

Blackstone Group announced a quarterly dividend on Thursday, July 19th. Shareholders of record on Monday, July 30th will be paid a dividend of $0.58 per share on Monday, August 6th. This represents a $2.32 dividend on an annualized basis and a yield of 6.36%. The ex-dividend date of this dividend is Friday, July 27th. This is an increase from Blackstone Group's previous quarterly dividend of $0.35. View Blackstone Group's Dividend History.

How were Blackstone Group's earnings last quarter?

Blackstone Group LP (NYSE:BX) posted its quarterly earnings results on Thursday, July, 19th. The asset manager reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.73 by $0.17. The asset manager earned $2.63 billion during the quarter, compared to analyst estimates of $1.74 billion. Blackstone Group had a net margin of 22.12% and a return on equity of 22.64%. The business's revenue was up 71.4% compared to the same quarter last year. During the same period last year, the company earned $0.59 EPS. View Blackstone Group's Earnings History.

When is Blackstone Group's next earnings date?

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Blackstone Group.

What price target have analysts set for BX?

9 Wall Street analysts have issued 1-year target prices for Blackstone Group's stock. Their predictions range from $40.00 to $47.00. On average, they expect Blackstone Group's share price to reach $42.75 in the next year. This suggests a possible upside of 17.2% from the stock's current price. View Analyst Price Targets for Blackstone Group.

What is the consensus analysts' recommendation for Blackstone Group?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Group in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Blackstone Group.

Who are some of Blackstone Group's key competitors?

Who are Blackstone Group's key executives?

Blackstone Group's management team includes the folowing people:
  • Mr. Stephen Allen Schwarzman, Chairman, CEO & Co-Founder (Age 71)
  • Mr. Hamilton Evans James, Exec. Vice Chairman of Blackstone Group Management L.L.C (Age 67)
  • Mr. Jonathan D. Gray, Pres, COO & Director (Age 49)
  • Mr. Michael S. Chae J.D., CFO & Sr. MD (Age 50)
  • Ms. Joan Solotar, Sr. MD and Head of Private Wealth Solutions & External Relations (Age 53)

Has Blackstone Group been receiving favorable news coverage?

News headlines about BX stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blackstone Group earned a news impact score of 0.20 on Accern's scale. They also assigned news articles about the asset manager an impact score of 46.08 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Blackstone Group.

Who are Blackstone Group's major shareholders?

Blackstone Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Morgan Stanley (4.63%), FMR LLC (3.23%), Massachusetts Financial Services Co. MA (2.11%), Janus Henderson Group PLC (1.25%), Waddell & Reed Financial Inc. (0.83%) and Bank of Montreal Can (0.84%). Company insiders that own Blackstone Group stock include Bennett J Goodman, Group LP Blackstone, Holdings LP Blackstone III, J Tomilson Hill, Joan Solotar, John G Finley, Kathleen Skero and Real Estate Associa Blackstone. View Institutional Ownership Trends for Blackstone Group.

Which institutional investors are selling Blackstone Group stock?

BX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of Montreal Can, Waddell & Reed Financial Inc., Russell Investments Group Ltd., Wells Fargo & Company MN, Swedbank, Fred Alger Management Inc. and Global Thematic Partners LLC. Company insiders that have sold Blackstone Group company stock in the last year include J Tomilson Hill and John G Finley. View Insider Buying and Selling for Blackstone Group.

Which institutional investors are buying Blackstone Group stock?

BX stock was purchased by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, ING Groep NV, Standard Life Aberdeen plc, GMT Capital Corp, First Republic Investment Management Inc., Chilton Investment Co. LLC, Jupiter Asset Management Ltd. and Janus Henderson Group PLC. View Insider Buying and Selling for Blackstone Group.

How do I buy shares of 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.

What is Blackstone Group's stock price today?

One share of BX stock can currently be purchased for approximately $36.49.

How big of a company is Blackstone Group?

Blackstone Group has a market capitalization of $24.15 billion and generates $7.12 billion in revenue each year. The asset manager earns $1.47 billion in net income (profit) each year or $2.81 on an earnings per share basis. Blackstone Group employs 2,360 workers across the globe.

How can I contact Blackstone Group?

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]


MarketBeat Community Rating for Blackstone Group (NYSE BX)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  918 (Vote Outperform)
Underperform Votes:  485 (Vote Underperform)
Total Votes:  1,403
MarketBeat's community ratings are surveys of what our community members think about Blackstone Group and other stocks. Vote "Outperform" if you believe BX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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