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 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.

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.

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

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.

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.

Some companies that are related to Blackstone Group include Ameriprise Financial (AMP), Leg & Gen Grp P/S (LGGNY), Franklin Resources (BEN), KKR & Co Inc Class A (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Apollo Global Management LLC Class A (APO), Oaktree Capital Group (OAK), Lazard (LAZ), Eaton Vance (EV), Morningstar (MORN), Janus Henderson Group (JHG), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Moelis & Co (MC).

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.

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.

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.

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.

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 $36.49.

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.

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]