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 declared 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 dividend yield of 7.94%. The ex-dividend date 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) released its quarterly earnings results on Thursday, October, 18th. The asset manager reported $0.76 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.74 by $0.02. The asset manager earned $1.83 billion during the quarter, compared to the consensus estimate of $1.79 billion. Blackstone Group had a net margin of 22.34% and a return on equity of 22.67%. Blackstone Group's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $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 brokerages have issued 12-month price targets for Blackstone Group's shares. Their forecasts range from $34.00 to $47.50. On average, they anticipate Blackstone Group's stock price to reach $42.7727 in the next year. This suggests a possible upside of 32.7% 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.

Media coverage about BX stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. 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 coverage optimism score of 0.7 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days.

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 trading volume of 8,678,847 shares, the short-interest ratio is presently 5.2 days. Approximately 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), Affiliated Managers Group (AMG), Apollo Global Management (APO), Lazard (LAZ), Morningstar (MORN), 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 variety of of institutional and retail investors. Top institutional investors include LGT Capital Partners LTD. (0.13%), PM CAPITAL Ltd (0.12%), Private Capital Advisors Inc. (0.05%), Sanders Morris Harris LLC (0.04%), North Star Investment Management Corp. (0.04%) and Chicago Partners Investment Group LLC (0.02%). 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 Chesley Taft & Associates LLC, Cozad Asset Management Inc., North Star Investment Management Corp., Bristol Advisors LLC, First American Trust FSB, TRUE Private Wealth Advisors and Intl Fcstone Inc.. 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 LGT Capital Partners LTD., PM CAPITAL Ltd, Sanders Morris Harris LLC, Neville Rodie & Shaw Inc., Miller Green Financial Services Inc. ADV, DNB Asset Management AS, RPG Investment Advisory LLC and Carroll Financial Associates Inc.. 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 $32.23.

Blackstone Group has a market capitalization of $21.18 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]