NYSE:BX - Blackstone Group Stock Price, Price Target & More

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

Blackstone Group announced a quarterly dividend on Friday, April 20th. Shareholders of record on Monday, April 30th will be given a dividend of $0.35 per share on Monday, May 7th. This represents a $1.40 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date is Friday, April 27th. View Blackstone Group's Dividend History.

Blackstone Group LP (NYSE:BX) posted its quarterly earnings data on Thursday, April, 19th. The asset manager reported $0.65 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.19. The asset manager had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.25 billion. Blackstone Group had a net margin of 19.82% and a return on equity of 23.94%. The business's quarterly revenue was down 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.82 EPS. View Blackstone Group's Earnings History.

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Blackstone Group.

9 brokers have issued 12 month price targets for Blackstone Group's shares. Their forecasts range from $33.00 to $47.00. On average, they anticipate Blackstone Group's share price to reach $40.6250 in the next year. View Analyst Ratings for Blackstone Group.

Blackstone Group saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 10,461,912 shares, a drop of 28.6% from the May 15th total of 14,650,882 shares. Based on an average daily volume of 3,471,204 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.6% of the company's shares are short sold. 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), Franklin Resources (BEN), KKR & Co. L.P. Unit (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Lazard (LAZ), Oaktree Capital Group (OAK), Janus Henderson Group (JHG), Eaton Vance (EV), Apollo Global Management LLC Class A (APO), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Houlihan Lokey (HLI).

News headlines about BX stock have trended somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blackstone Group earned a media sentiment score of 0.01 on Accern's scale. They also gave news coverage about the asset manager an impact score of 45.06 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Blackstone Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.14%), Neuberger Berman Group LLC (0.87%), Swedbank (0.83%), Wells Fargo & Company MN (0.55%), Amundi Pioneer Asset Management Inc. (0.54%) and Natixis (0.51%). 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 Algebris UK Ltd, Honeywell International Inc., Alkeon Capital Management LLC, Atlantic Trust Group LLC, Uniplan Investment Counsel Inc., Thrivent Financial for Lutherans, Sei Investments Co. and Commerzbank Aktiengesellschaft FI. 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 bought by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Natixis, Massachusetts Financial Services Co. MA, OppenheimerFunds Inc., Russell Investments Group Ltd., Menora Mivtachim Holdings LTD., Chilton Investment Co. LLC and Partners Group Holding AG. 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 $32.54.

Blackstone Group has a market capitalization of $21.46 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]