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 paid a dividend of $0.64 per share on Monday, November 5th. This represents a $2.56 dividend on an annualized basis and a yield of 8.39%. The ex-dividend date of this dividend is Friday, October 26th. This is an increase 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 results on Thursday, October, 18th. The asset manager reported $0.76 earnings per share for the quarter, topping analysts' consensus estimates 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 quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 EPS. View Blackstone Group's Earnings History.

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Blackstone Group.

12 Wall Street analysts have issued 1 year price objectives for Blackstone Group's shares. Their predictions range from $34.00 to $47.50. On average, they expect Blackstone Group's share price to reach $43.3182 in the next year. This suggests a possible upside of 41.9% 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 coverage about BX stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Blackstone Group earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave news articles about the asset manager a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

Blackstone Group saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 22,116,682 shares, an increase of 111.0% from the October 15th total of 10,482,589 shares. Based on an average trading volume of 6,543,593 shares, the short-interest ratio is currently 3.4 days. Approximately 3.4% of the company's stock 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), Franklin Resources (BEN), Ameriprise Financial (AMP), KKR & Co Inc (KKR), Invesco (IVZ), Oaktree Capital Group (OAK), Affiliated Managers Group (AMG), Apollo Global Management (APO), Morningstar (MORN), Lazard (LAZ), Eaton Vance (EV), Janus Henderson Group (JHG), Evercore (EVR), MAN GRP PLC/ADR (MNGPY) and AllianceBernstein (AB).

Blackstone Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (4.70%), Capital World Investors (2.80%), FMR LLC (2.47%), Massachusetts Financial Services Co. MA (1.99%), Bank of Montreal Can (1.33%) and Janus Henderson Group PLC (1.19%). Company insiders that own Blackstone Group stock include Bennett J Goodman, Blackstone Bgsl Holdings Llc, 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, Coronation Fund Managers Ltd., State of New Jersey Common Pension Fund D, Massachusetts Financial Services Co. MA, Neuberger Berman Group LLC, Prospera Financial Services Inc, Janus Henderson Group PLC and Teachers 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 bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Capital International Investors, ING Groep NV, Russell Investments Group Ltd., Credit Suisse AG, Capital World Investors, Artemis Investment Management LLP and Vantage Investment Partners LLC. 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 $30.52.

Blackstone Group has a market capitalization of $20.81 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]