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. Stockholders of record on Monday, July 30th will be given a dividend of $0.58 per share on Monday, August 6th. This represents a $2.32 annualized dividend and a dividend yield of 5.87%. The ex-dividend date 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) released its earnings results on Thursday, July, 19th. The asset manager reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks' 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 return on equity of 22.64% and a net margin of 22.12%. Blackstone Group's quarterly revenue was up 71.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.59 earnings per share. 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 equities research analysts have issued 1-year price targets for Blackstone Group's shares. Their predictions range from $40.00 to $47.00. On average, they expect Blackstone Group's stock price to reach $42.6250 in the next twelve months. This suggests a possible upside of 7.9% 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 1 hold rating and 8 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 (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Apollo Global Management LLC Class A (APO), Oaktree Capital Group (OAK), Eaton Vance (EV), Lazard (LAZ), Janus Henderson Group (JHG), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Moelis & Co (MC).

Media coverage about BX stock has been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news 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 and rumor sentiment score of 0.18 on Accern's scale. They also gave news headlines about the asset manager an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Blackstone Group.

Blackstone Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Morgan Stanley (4.63%), FMR LLC (3.21%), 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 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 bought 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 $39.49.

Blackstone Group has a market capitalization of $25.20 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]