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

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$40.65 +0.25 (+0.62 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$40.65
Today's Range$40.26 - $40.96
52-Week Range$26.88 - $40.96
Volume4.27 million shs
Average Volume4.47 million shs
Market Capitalization$26.77 billion
P/E Ratio17.99
Dividend Yield3.64%
Beta1.47
The Blackstone Group L.P. is a publicly owned alternative asset manager. The firm also provides capital markets 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 also launches and manages private equity funds, real estate funds, funds of hedge funds, collateralized loan obligations, real estate investment trusts, and credit-focused funds for its clients. The firm invests in private equity, public equity, fixed income, and alternative investment markets across the globe. The Blackstone Group L.P. was founded in 1985 and is based in New York City, New York with additional offices in London, United Kingdom, Hong Kong, Baltimore, Maryland, Beijing, China, Copenhagen, Denmark, Dusseldorf, Germany, Los Angeles, California, Paris, France, San Francisco, California, Sao Paulo, Brazil, Singapore, Sydney, Australia, and Tokyo, Japan.

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Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-583-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.83 billion
Cash Flow$2.4168 per share
Book Value$21.27 per share

Profitability

Net Income$1.54 billion

Miscellaneous

Employees2,615
Market Cap$26.77 billion
Next Earnings Date7/18/2019 (Estimated)
OptionableOptionable

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 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.

How were Blackstone Group's earnings last quarter?

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.

When is Blackstone Group's next earnings date?

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

What price target have analysts set for BX?

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.

What is the consensus analysts' recommendation 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.

Has Blackstone Group been receiving favorable news coverage?

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.

Who are some of Blackstone Group's key competitors?

What other stocks do shareholders of Blackstone Group own?

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).

Who are Blackstone Group's key executives?

Blackstone Group's management team includes the folowing people:
  • Mr. Stephen Allen Schwarzman, Chairman, CEO & Founder of Blackstone Group Management L.L.C. (Age 72)
  • Mr. Hamilton Evans James, Exec. Vice Chairman of Blackstone Group Management L.L.C (Age 68)
  • Mr. Jonathan D. Gray, Pres, COO & Director of Blackstone Group Management L.L.C. (Age 50)
  • Mr. Michael S. Chae J.D., CFO & Sr. MD of Blackstone Group Management L.L.C. (Age 51)
  • Mr. Michael B. Nash, Sr MD & Co-Founder & Chairman of Blackstone Real Estate Debt Strategies (Age 58)

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 (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.

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, 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.

Which institutional investors are buying Blackstone Group stock?

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.

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 $40.65.

How big of a company is Blackstone Group?

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.

What is Blackstone Group's official website?

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

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:  3.1 out of 5 (star star star)
Outperform Votes:  980 (Vote Outperform)
Underperform Votes:  606 (Vote Underperform)
Total Votes:  1,586
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 5/19/2019 by MarketBeat.com Staff

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