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

$62.95
+0.01 (+0.02 %)
(As of 02/17/2020 03:56 AM ET)
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Today's Range
$62.50
Now: $62.95
$63.30
50-Day Range
$55.77
MA: $59.85
$64.41
52-Week Range
$32.39
Now: $62.95
$64.97
Volume2.82 million shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio20.84
Dividend YieldN/A
BetaN/A
The Blackstone Group Inc is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees2,615
Next Earnings Date4/16/2020 (Estimated)
OptionableOptionable

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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, January 31st. Stockholders of record on Monday, February 10th will be paid a dividend of $0.61 per share on Tuesday, February 18th. This represents a $2.44 annualized dividend and a dividend yield of 3.88%. The ex-dividend date is Friday, February 7th. This is a boost from Blackstone Group's previous quarterly dividend of $0.49. View Blackstone Group's Dividend History.

How were Blackstone Group's earnings last quarter?

Blackstone Group LP (NYSE:BX) issued its earnings results on Thursday, January, 30th. The asset manager reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.06. The asset manager earned $2.09 billion during the quarter, compared to analyst estimates of $1.55 billion. The business's revenue for the quarter was up 314.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.02) 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, April 16th 2020. View Earnings Estimates for Blackstone Group.

What price target have analysts set for BX?

12 equities research analysts have issued twelve-month price targets for Blackstone Group's shares. Their forecasts range from $52.00 to $73.00. On average, they expect Blackstone Group's share price to reach $60.80 in the next year. This suggests that the stock has a possible downside of 3.4%. 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 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Group.

Has Blackstone Group been receiving favorable news coverage?

Media headlines about BX stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Blackstone Group earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave media headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Blackstone Group.

Are investors shorting Blackstone Group?

Blackstone Group saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 16,180,000 shares, a decline of 10.8% from the December 31st total of 18,140,000 shares. Based on an average trading volume of 4,020,000 shares, the short-interest ratio is currently 4.0 days. Approximately 2.5% of the shares of the company are sold short. View Blackstone Group's Current Options Chain.

What other stocks do shareholders of Blackstone Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackstone Group investors own include AT&T (T), Bank of America (BAC), Verizon Communications (VZ), Alibaba Group (BABA), NVIDIA (NVDA), AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Walt Disney (DIS) and Micron Technology (MU).

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 72)
  • Mr. Hamilton Evans James, Exec. Vice Chairman & Gen. Partner (Age 68)
  • Mr. Jonathan D. Gray, Gen. Partner, Pres, COO & Director (Age 50)
  • Mr. Michael S. Chae J.D., CFO & Sr. MD (Age 51)
  • Rt Hon. M. Brian Mulroney, Member of Board of Directors (Age 79)

Who are Blackstone Group's major shareholders?

Blackstone Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (1.26%), State Street Corp (1.02%), CIBC Private Wealth Group LLC (0.81%), FMR LLC (0.76%), Beck Mack & Oliver LLC (0.48%) and Fairview Capital Investment Management LLC (0.45%). Company insiders that own Blackstone Group stock include Bennett J Goodman, Blackstone Bgsl Holdings Llc, Blackstone Group Inc, Christopher Striano, Clarus Gp LP Blackstone, Hamilton E James, Holdings LP Blackstone III, J Tomilson Hill, Joan Solotar and John G Finley. 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 GQG Partners LLC, Bank of Montreal Can, GVO Asset Management Ltd, FMR LLC, Russell Investments Group Ltd., Sanders Morris Harris LLC, Coronation Fund Managers Ltd. and Commerzbank Aktiengesellschaft FI. Company insiders that have sold Blackstone Group company stock in the last year include Bennett J Goodman, Blackstone Group Inc, Christopher Striano, Hamilton E James, Holdings LP Blackstone III, Joan Solotar and John G Finley. View Insider Buying and Selling for Blackstone Group.

Which institutional investors are buying Blackstone Group stock?

BX stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Bessemer Group Inc., Sumitomo Mitsui Trust Holdings Inc., Artemis Investment Management LLP, UBS Asset Management Americas Inc., CIBC Private Wealth Group LLC, Bank of New York Mellon Corp and USS Investment Management Ltd. Company insiders that have bought Blackstone Group stock in the last two years include Blackstone Bgsl Holdings Llc, Blackstone Group Inc, Clarus Gp LP Blackstone and Holdings LP Blackstone III. 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, Robinhood, Fidelity and Charles Schwab.

What is Blackstone Group's stock price today?

One share of BX stock can currently be purchased for approximately $62.95.


MarketBeat Community Rating for Blackstone Group (NYSE BX)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  1,063 (Vote Outperform)
Underperform Votes:  691 (Vote Underperform)
Total Votes:  1,754
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 2/17/2020 by MarketBeat.com Staff

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