The Blackstone Group Stock Forecast, Price & News

The Blackstone Group (NYSE:BX) Frequently Asked Questions

Is The Blackstone Group a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Blackstone Group in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" The Blackstone Group stock.
View analyst ratings for The Blackstone Group or view top-rated stocks.

How has The Blackstone Group's stock price been impacted by Coronavirus (COVID-19)?

The Blackstone Group's stock was trading at $47.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BX stock has increased by 154.3% and is now trading at $120.41.
View which stocks have been most impacted by COVID-19.

Are investors shorting The Blackstone Group?

The Blackstone Group saw a drop in short interest in the month of December. As of December 15th, there was short interest totaling 6,670,000 shares, a drop of 20.8% from the November 30th total of 8,420,000 shares. Based on an average daily volume of 3,740,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.0% of the shares of the company are short sold.
View The Blackstone Group's Short Interest.

When is The Blackstone Group's next earnings date?

The Blackstone Group is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for The Blackstone Group.

How were The Blackstone Group's earnings last quarter?

The Blackstone Group Inc. (NYSE:BX) posted its earnings results on Wednesday, October, 20th. The asset manager reported $1.28 EPS for the quarter, topping the consensus estimate of $0.91 by $0.37. The asset manager had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $2.17 billion. The Blackstone Group had a net margin of 25.47% and a trailing twelve-month return on equity of 16.95%. The firm's revenue for the quarter was up 105.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.63 EPS.
View The Blackstone Group's earnings history.

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

The Blackstone Group announced a quarterly dividend on Friday, October 22nd. Investors of record on Monday, November 1st will be paid a dividend of $1.0275 per share on Monday, November 8th. This represents a $4.11 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend is Friday, October 29th. This is an increase from The Blackstone Group's previous quarterly dividend of $0.70.
View The Blackstone Group's dividend history.

Is The Blackstone Group a good dividend stock?

The Blackstone Group pays an annual dividend of $4.36 per share and currently has a dividend yield of 3.96%. BX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The Blackstone Group does not yet have a strong track record of dividend growth. The dividend payout ratio of The Blackstone Group is 59.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, The Blackstone Group will have a dividend payout ratio of 83.69% in the coming year. This indicates that The Blackstone Group may not be able to sustain their current dividend.
View The Blackstone Group's dividend history.

What price target have analysts set for BX?

10 equities research analysts have issued 1 year target prices for The Blackstone Group's stock. Their forecasts range from $78.00 to $182.00. On average, they expect The Blackstone Group's stock price to reach $133.44 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price.
View analysts' price targets for The Blackstone Group or view top-rated stocks among Wall Street analysts.

Who are The Blackstone Group's key executives?

The Blackstone Group's management team includes the following people:

• Stephen Allen Schwarzman, Chairman & Chief Executive Officer
• Jonathan D. Gray, President, Chief Operating Officer & Director
• Michael S. Chae, Chief Financial Officer
• John Stecher, Chief Technology Officer
• Jeffrey Iverson, Managing Director-Legal & Compliance

Who are some of The Blackstone Group's key competitors?

Some companies that are related to The Blackstone Group include KKR & Co. Inc. (KKR), Ameriprise Financial (AMP), Legal & General Group (LGGNY), Ares Management (ARES), The Carlyle Group (CG), Blue Owl Capital (OWL), Apollo Global Management (APO), Franklin Resources (BEN), Morningstar (MORN), Invesco (IVZ), Houlihan Lokey (HLI), Janus Henderson Group (JHG), Affiliated Managers Group (AMG), Evercore (EVR) and AllianceBernstein (AB).
View all of BX's competitors.

What other stocks do shareholders of The Blackstone Group own?

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

What is The Blackstone Group's stock symbol?

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

Who are The Blackstone Group's major shareholders?

The Blackstone Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (0.33%), Douglas Lane & Associates LLC (0.17%), Russell Investments Group Ltd. (0.09%), Moody Lynn & Lieberson LLC (0.07%), TCW Group Inc. (0.06%) and LGT Capital Partners LTD. (0.05%). Company insiders that own The Blackstone Group stock include Blackstone Bdc Holdings Llc, Blackstone Group Inc, David Payne, Hamilton E James, Holdings LP Blackstone II, Holdings LP Blackstone III, John G Finley, John G Finley, Joseph Baratta and Lifesciences Iii LP Clarus.
View institutional ownership trends for The Blackstone Group.

Which institutional investors are selling The Blackstone Group stock?

BX stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Russell Investments Group Ltd., LGT Capital Partners LTD., Douglas Lane & Associates LLC, Gradient Investments LLC, Kestra Advisory Services LLC, Pinkerton Retirement Specialists LLC, and Global Retirement Partners LLC. Company insiders that have sold The Blackstone Group company stock in the last year include Blackstone Group Inc, David Payne, Hamilton E James, Holdings LP Blackstone II, Holdings LP Blackstone III, John G Finley, and Joseph Baratta.
View insider buying and selling activity for The Blackstone Group or view top insider-selling stocks.

Which institutional investors are buying The Blackstone Group stock?

BX stock was bought by a variety of institutional investors in the last quarter, including National Bank of Canada FI, Ferguson Wellman Capital Management Inc., Van ECK Associates Corp, TCW Group Inc., CMH Wealth Management LLC, Spire Wealth Management, TruWealth Advisors LLC, and NN Investment Partners Holdings N.V.. Company insiders that have bought The Blackstone Group stock in the last two years include Blackstone Bdc Holdings Llc, Blackstone Group Inc, Holdings LP Blackstone III, and Lifesciences Iii LP Clarus.
View insider buying and selling activity for The Blackstone Group or or view top insider-buying stocks.

How do I buy shares of The 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is The Blackstone Group's stock price today?

One share of BX stock can currently be purchased for approximately $120.41.

How much money does The Blackstone Group make?

The Blackstone Group has a market capitalization of $82.71 billion and generates $6.10 billion in revenue each year. The asset manager earns $1.05 billion in net income (profit) each year or $7.29 on an earnings per share basis.

How many employees does The Blackstone Group have?

The Blackstone Group employs 3,165 workers across the globe.

When was The Blackstone Group founded?

The Blackstone Group was founded in 1985.

What is The Blackstone Group's official website?

The official website for The Blackstone Group is www.blackstone.com.

Where are The Blackstone Group's headquarters?

The Blackstone Group is headquartered at 345 Park Avenue, New York NY, 10154.

How can I contact The Blackstone Group?

The 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, via email at [email protected], or via fax at 212-583-5749.