NYSE:BX - Blackstone Group Stock Price, News, & Analysis

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$30.52 +0.03 (+0.10 %)
(As of 12/12/2018 02:49 AM ET)
Previous Close$30.49
Today's Range$30.05 - $31.70
52-Week Range$29.29 - $40.60
Volume7.58 million shs
Average Volume4.80 million shs
Market Capitalization$20.81 billion
P/E Ratio10.86
Dividend Yield8.15%
Beta1.37
The Blackstone Group L.P. is a publicly owned alternative asset manager. The firm also provides capital markets services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations, retirees, sovereign wealth funds, and institutional and individual investors. The firm manages separate client focused portfolios for its clients. It also launches and manages private equity funds, real estate funds, funds of hedge funds, collateralized loan obligations, real estate investment trusts, and credit-focused funds for its clients. The firm invests in private equity, public equity, fixed income, and alternative investment markets across the globe. The Blackstone Group L.P. was founded in 1985 and is based in New York City, New York with additional offices in London, United Kingdom, Hong Kong, Baltimore, Maryland, Beijing, China, Copenhagen, Denmark, Dusseldorf, Germany, Los Angeles, California, Paris, France, San Francisco, California, Sao Paulo, Brazil, Singapore, Sydney, Australia, and Tokyo, Japan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BX
Previous Symbol
CUSIPN/A
Phone212-583-5000

Debt

Debt-to-Equity Ratio0.71
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio10.86
Forward P/E Ratio10.49
P/E Growth1.52

Sales & Book Value

Annual Sales$7.12 billion
Price / Sales2.84
Cash Flow$5.2712 per share
Price / Cash Flow5.79
Book Value$21.43 per share
Price / Book1.42

Profitability

EPS (Most Recent Fiscal Year)$2.81
Net Income$1.47 billion
Net Margins22.34%
Return on Equity22.67%
Return on Assets10.30%

Miscellaneous

Employees2,360
Outstanding Shares662,290,000
Market Cap$20.81 billion
OptionableOptionable

Blackstone Group (NYSE:BX) Frequently Asked Questions

What is Blackstone Group's stock symbol?

Blackstone Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BX."

How often does Blackstone Group pay dividends? What is the dividend yield for Blackstone Group?

Blackstone Group announced a quarterly dividend on Friday, October 19th. Stockholders 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 dividend 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.

How were Blackstone Group's earnings last quarter?

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

When is Blackstone Group's next earnings date?

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

What price target have analysts set for BX?

12 Wall Street analysts have issued 12-month price targets for Blackstone Group's shares. Their forecasts range from $34.00 to $47.50. On average, they expect Blackstone Group's stock price to reach $43.3182 in the next twelve months. This suggests a possible upside of 41.9% from the stock's current price. View Analyst Price Targets for Blackstone Group.

What is the consensus analysts' recommendation 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.

Has Blackstone Group been receiving favorable news coverage?

News headlines about BX stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Blackstone Group earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news headlines about the asset manager a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of Blackstone Group's key competitors?

Who are Blackstone Group's key executives?

Blackstone Group's management team includes the folowing people:
  • Mr. Stephen Allen Schwarzman, Chairman, CEO & Co-Founder (Age 71)
  • Mr. Hamilton Evans James, Exec. Vice Chairman of Blackstone Group Management L.L.C (Age 67)
  • Mr. Jonathan D. Gray, Pres, COO & Director (Age 49)
  • Mr. Michael S. Chae J.D., CFO & Sr. MD (Age 50)
  • Ms. Joan Solotar, Sr. MD and Head of Private Wealth Solutions & External Relations (Age 53)

Who are Blackstone Group's major shareholders?

Blackstone Group's stock is owned by many different 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.

Which institutional investors are selling Blackstone Group stock?

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.

Which institutional investors are buying Blackstone Group stock?

BX stock was purchased 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.

How do I buy shares of 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.

What is Blackstone Group's stock price today?

One share of BX stock can currently be purchased for approximately $30.52.

How big of a company is Blackstone Group?

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.

What is Blackstone Group's official website?

The official website for Blackstone Group is http://www.blackstone.com.

How can I contact Blackstone Group?

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]


MarketBeat Community Rating for Blackstone Group (NYSE BX)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  953 (Vote Outperform)
Underperform Votes:  542 (Vote Underperform)
Total Votes:  1,495
MarketBeat's community ratings are surveys of what our community members think about Blackstone Group and other stocks. Vote "Outperform" if you believe BX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

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