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

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

Blackstone Group declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Monday, November 4th will be paid a dividend of $0.49 per share on Tuesday, November 12th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date is Friday, November 1st. This is a positive change from Blackstone Group's previous quarterly dividend of $0.48. View Blackstone Group's Dividend History.

Blackstone Group LP (NYSE:BX) posted its quarterly earnings data on Wednesday, October, 23rd. The asset manager reported $0.58 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.53 by $0.05. The asset manager had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.31 billion. Blackstone Group had a return on equity of 7.61% and a net margin of 27.05%. The business's quarterly revenue was down 9.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 EPS. View Blackstone Group's Earnings History.

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Blackstone Group.

Blackstone Group will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

10 brokerages have issued 1-year price targets for Blackstone Group's stock. Their forecasts range from $44.00 to $73.00. On average, they anticipate Blackstone Group's share price to reach $56.75 in the next year. This suggests that the stock has a possible downside of 8.8%. View Analyst Price Targets for Blackstone Group.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Group in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Group.

Media headlines about BX stock have trended extremely negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackstone Group earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave news coverage about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Blackstone Group.

Blackstone Group saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 16,180,000 shares, a drop of 10.8% from the December 15th total of 18,140,000 shares. Based on an average daily volume of 4,130,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.5% of the shares of the company are sold short. View Blackstone Group's Current Options Chain.

Some companies that are related to Blackstone Group include LEG & GEN GRP P/S (LGGNY), Ameriprise Financial (AMP), KKR & Co Inc (KKR), Franklin Resources (BEN), Apollo Global Management (APO), Invesco (IVZ), Oaktree Capital Group LLC Unit (OAK), Morningstar (MORN), Eaton Vance (EV), Janus Henderson Group (JHG), Lazard (LAZ), Ares Management (ARES), Affiliated Managers Group (AMG), The Carlyle Group (CG) and Hamilton Lane (HLNE).

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

Blackstone Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.30%), Cacti Asset Management LLC (0.19%), Janney Montgomery Scott LLC (0.10%), Walnut Private Equity Partners LLC (0.09%), LGT Capital Partners LTD. (0.08%) and Braun Stacey Associates Inc. (0.05%). Company insiders that own Blackstone Group stock include Bennett J Goodman, Blackstone Bgsl Holdings Llc, Blackstone Group Inc, Christopher Striano, Clarus Gp LP Blackstone, Hamilton E James, Holdings LP Blackstone III, J Tomilson Hill, Joan Solotar and John G Finley. View Institutional Ownership Trends for Blackstone Group.

BX stock was sold by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Coronation Fund Managers Ltd., Commerzbank Aktiengesellschaft FI, LGT Capital Partners LTD., Consolidated Investment Group LLC, Joel Isaacson & Co. LLC, Cacti Asset Management LLC and Manning & Napier Group LLC. Company insiders that have sold Blackstone Group company stock in the last year include Bennett J Goodman, Blackstone Group Inc, Christopher Striano, Hamilton E James, Holdings LP Blackstone III and Joan Solotar. View Insider Buying and Selling for Blackstone Group.

BX stock was purchased by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Braun Stacey Associates Inc., Janney Capital Management LLC, Johanson Financial Advisors Inc., Zurcher Kantonalbank Zurich Cantonalbank, Clear Street Markets LLC, IFM Investors Pty Ltd and Janney Montgomery Scott LLC. Company insiders that have bought Blackstone Group stock in the last two years include Blackstone Bgsl Holdings Llc, Blackstone Group Inc, Clarus Gp 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, Robinhood, Fidelity and Charles Schwab.

One share of BX stock can currently be purchased for approximately $62.21.

Blackstone Group has a market capitalization of $41.02 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.View Additional Information About Blackstone Group.

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]