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

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$32.23 +0.25 (+0.78 %)
(As of 01/16/2019 06:53 AM ET)
Previous Close$31.98
Today's Range$31.99 - $32.58
52-Week Range$26.88 - $40.60
Volume2.82 million shs
Average Volume5.89 million shs
Market Capitalization$21.18 billion
P/E Ratio11.47
Dividend Yield8.01%
Beta1.33
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

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-583-5000

Debt

Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Sales & Book Value

Annual Sales$7.12 billion
Price / Sales3.00
Cash Flow$5.4720 per share
Price / Cash Flow5.89
Book Value$21.43 per share
Price / Book1.50

Profitability

Net Income$1.47 billion
Net Margins22.34%
Return on Assets10.30%

Miscellaneous

Employees2,360
Market Cap$21.18 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 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.

How were Blackstone Group's earnings last quarter?

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.

When is Blackstone Group's next earnings date?

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, January 31st 2019. View Earnings Estimates for Blackstone Group.

What price target have analysts set for BX?

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.

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?

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.

Are investors shorting Blackstone Group?

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.

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 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.

Which major investors are selling Blackstone Group stock?

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.

Which major investors are buying Blackstone Group stock?

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.

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 $32.23.

How big of a company is Blackstone Group?

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.

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:  956 (Vote Outperform)
Underperform Votes:  557 (Vote Underperform)
Total Votes:  1,513
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 1/16/2019 by MarketBeat.com Staff

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