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 equities research analysts have issued "buy," "hold," and "sell" ratings for The Blackstone Group in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research 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 been impacted by Coronavirus?

The Blackstone Group's stock was trading at $47.35 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BX stock has increased by 204.0% and is now trading at $143.93.
View which stocks have been most impacted by COVID-19.

Are investors shorting The Blackstone Group?

The Blackstone Group saw a decrease in short interest in October. As of October 15th, there was short interest totaling 8,080,000 shares, a decrease of 19.2% from the September 30th total of 10,000,000 shares. Based on an average daily trading volume, of 3,450,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.2% of the company's shares are sold short.
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 Wednesday, January 26th 2022.
View our earnings forecast for The Blackstone Group.

How were The Blackstone Group's earnings last quarter?

The Blackstone Group Inc. (NYSE:BX) issued its quarterly earnings data on Wednesday, October, 20th. The asset manager reported $1.28 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.91 by $0.37. The asset manager earned $6.22 billion during the quarter, compared to the consensus estimate of $2.17 billion. The Blackstone Group had a trailing twelve-month return on equity of 16.95% and a net margin of 25.47%. The company's revenue for the quarter was up 105.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 declared a quarterly dividend on Friday, October 22nd. Shareholders of record on Monday, November 1st will be given a dividend of $1.0275 per share on Monday, November 8th. This represents a $4.11 annualized dividend and a yield of 2.86%. The ex-dividend date of this dividend is Friday, October 29th. This is a positive change 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 2.93%. 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 84.82% 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 brokerages have issued 12-month price targets for The Blackstone Group's shares. Their forecasts range from $71.00 to $182.00. On average, they expect The Blackstone Group's share price to reach $125.22 in the next year. This suggests that the stock has a possible downside of 13.0%.
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), Ares Management (ARES), Legal & General Group (LGGNY), Blue Owl Capital (OWL), The Carlyle Group (CG), Apollo Global Management (APO), Franklin Resources (BEN), Morningstar (MORN), Invesco (IVZ), Houlihan Lokey (HLI), Janus Henderson Group (JHG), Affiliated Managers Group (AMG), Hamilton Lane (HLNE) and Evercore (EVR).
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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.43%), Morgan Stanley (2.82%), Capital World Investors (2.78%), Royal Bank of Canada (2.61%), Wellington Management Group LLP (2.12%) and Janus Henderson Group PLC (1.87%). 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 Wellington Management Group LLP, Deutsche Bank AG, Morgan Stanley, Massachusetts Financial Services Co. MA, Mackenzie Financial Corp, Neuberger Berman Group LLC, Bluestein R H & Co., and Jennison Associates 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 acquired by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, GQG Partners LLC, Royal Bank of Canada, TD Asset Management Inc., Arrowstreet Capital Limited Partnership, Jane Street Group LLC, Balyasny Asset Management LLC, and Eaton Vance Management. 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 $143.93.

How much money does The Blackstone Group make?

The Blackstone Group has a market capitalization of $98.86 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.