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 Friday, October 19th. Investors of record on Monday, October 29th will be given a dividend of $0.64 per share on Monday, November 5th. This represents a $2.56 annualized dividend and a yield of 7.91%. The ex-dividend date of this dividend is Friday, October 26th. This is a positive change from Blackstone Group's previous quarterly dividend of $0.58. View Blackstone Group's Dividend History.

Blackstone Group LP (NYSE:BX) posted its quarterly earnings data on Thursday, October, 18th. The asset manager reported $0.76 EPS for the quarter, topping the Zacks' consensus estimate of $0.74 by $0.02. The asset manager earned $1.83 billion during the quarter, compared to analysts' expectations of $1.79 billion. Blackstone Group had a return on equity of 22.67% and a net margin of 22.34%. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.69 EPS. View Blackstone Group's Earnings History.

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, January 31st 2019. View Earnings Estimates for Blackstone Group.

12 brokers have issued 12-month price targets for Blackstone Group's stock. Their forecasts range from $34.00 to $47.50. On average, they expect Blackstone Group's share price to reach $42.7727 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price. View Analyst Price Targets for Blackstone Group.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Group in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Blackstone Group.

News headlines about BX stock have trended very positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Blackstone Group earned a coverage optimism score of 3.7 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.

Blackstone Group saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 44,931,288 shares, an increase of 20.9% from the December 14th total of 37,176,534 shares. Based on an average daily volume of 8,678,847 shares, the short-interest ratio is currently 5.2 days. Currently, 7.0% of the shares of the company 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 Inc (KKR), Invesco (IVZ), Oaktree Capital Group (OAK), Apollo Global Management (APO), Affiliated Managers Group (AMG), Lazard (LAZ), Morningstar (MORN), Eaton Vance (EV), Janus Henderson Group (JHG), Evercore (EVR), AllianceBernstein (AB) and Houlihan Lokey (HLI).

Blackstone Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (2.13%), LGT Capital Partners LTD. (0.13%), PM CAPITAL Ltd (0.12%), PM CAPITAL Ltd (0.12%), Suffolk Capital Management LLC (0.06%) and Private Capital Advisors Inc. (0.05%). Company insiders that own Blackstone Group stock include Bennett J Goodman, Blackstone Bgsl Holdings Llc, Group LP Blackstone, J Tomilson Hill, Joan Solotar, John G Finley 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 Cowen Prime Services LLC, Chesley Taft & Associates LLC, Cozad Asset Management Inc., Virtu Financial LLC, Account Management LLC, North Star Investment Management Corp., Bourgeon Capital Management LLC and Bristol Advisors 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 Bank of Montreal Can, LGT Capital Partners LTD., PM CAPITAL Ltd, PM CAPITAL Ltd, Sanders Morris Harris LLC, Neville Rodie & Shaw Inc., Miller Green Financial Services Inc. ADV and DNB Asset Management AS. Company insiders that have bought Blackstone Group stock in the last two years include Blackstone Bgsl Holdings Llc and Group LP Blackstone. 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 $32.36.

Blackstone Group has a market capitalization of $21.43 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.

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]