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, February 1st. Stockholders of record on Monday, February 11th will be paid a dividend of $0.58 per share on Tuesday, February 19th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 6.66%. The ex-dividend date is Friday, February 8th. View Blackstone Group's Dividend History.

Blackstone Group LP (NYSE:BX) issued its quarterly earnings data on Thursday, January, 31st. The asset manager reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.05. The asset manager earned $504.98 million during the quarter, compared to the consensus estimate of $381.19 million. Blackstone Group had a return on equity of 16.48% and a net margin of 22.56%. The business's revenue was down 74.2% compared to the same quarter last year. During the same period last year, the company earned $0.71 earnings per share. View Blackstone Group's Earnings History.

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Blackstone Group.

12 brokers have issued twelve-month price objectives for Blackstone Group's stock. Their predictions range from $34.00 to $47.50. On average, they anticipate Blackstone Group's share price to reach $42.7727 in the next twelve months. This suggests a possible upside of 22.8% 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 stories about BX stock have been trending very positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Blackstone Group earned a media sentiment score of 3.4 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock's share price in the near term.

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 LLC Unit (OAK), Apollo Global Management (APO), Affiliated Managers Group (AMG), Morningstar (MORN), Janus Henderson Group (JHG), Lazard (LAZ), Eaton Vance (EV), Evercore (EVR), Houlihan Lokey (HLI) and Federated Investors (FII).

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Group investors own include AT&T (T), Bank of America (BAC), Alibaba Group (BABA), General Electric (GE), Gilead Sciences (GILD), Micron Technology (MU), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Intel (INTC).

Blackstone Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (2.27%), Bank of Montreal Can (2.13%), Massachusetts Financial Services Co. MA (1.78%), Swedbank (0.86%), Fairview Capital Investment Management LLC (0.57%) and Fairview Capital Investment Management LLC (0.57%). Company insiders that own Blackstone Group stock include 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, Massachusetts Financial Services Co. MA, Global Thematic Partners LLC, Eaton Vance Management, Brandywine Global Investment Management LLC, PNC Financial Services Group Inc., CIBC Private Wealth Group LLC and Stratos Wealth Partners LTD.. 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, Vantage Investment Partners LLC, Fairview Capital Investment Management LLC, Fairview Capital Investment Management LLC, RMB Capital Management LLC, Toronto Dominion Bank, HMI Capital LLC and SHANDA ASSET MANAGEMENT HOLDINGS Ltd. Company insiders that have bought Blackstone Group stock in the last two years include Blackstone Bgsl Holdings Llc, Group LP Blackstone and Holdings LP Blackstone III. 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 $34.82.

Blackstone Group has a market capitalization of $22.93 billion and generates $6.83 billion in revenue each year. The asset manager earns $1.54 billion in net income (profit) each year or $2.26 on an earnings per share basis. Blackstone Group employs 2,615 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]