Blackstone Group Stock Price, News & Analysis (NYSE:BX)

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

Blackstone Group announced a quarterly dividend on Friday, July 19th. Stockholders of record on Monday, July 29th will be given a dividend of $0.48 per share on Monday, August 5th. This represents a $1.92 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Friday, July 26th. View Blackstone Group's Dividend History.

Blackstone Group LP (NYSE:BX) released its quarterly earnings data on Thursday, July, 18th. The asset manager reported $0.57 EPS for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.07. The asset manager had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.15 billion. Blackstone Group had a return on equity of 11.30% and a net margin of 20.51%. The firm's quarterly revenue was down 43.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.90 earnings per share. View Blackstone Group's Earnings History.

Blackstone Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Blackstone Group.

Blackstone Group will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

10 brokerages have issued twelve-month target prices for Blackstone Group's shares. Their predictions range from $44.00 to $60.00. On average, they anticipate Blackstone Group's stock price to reach $52.38 in the next year. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets for Blackstone Group.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackstone Group in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackstone Group.

Headlines about BX stock have trended negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blackstone Group earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the asset manager a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Blackstone Group.

Blackstone Group saw a increase in short interest in September. As of September 30th, there was short interest totalling 21,300,000 shares, an increase of 90.5% from the August 30th total of 11,180,000 shares. Based on an average trading volume of 7,270,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 3.3% of the shares of the stock 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), KKR & Co Inc (KKR), Franklin Resources (BEN), Oaktree Capital Group LLC Unit (OAK), Apollo Global Management (APO), Invesco (IVZ), Morningstar (MORN), Eaton Vance (EV), Janus Henderson Group (JHG), Lazard (LAZ), Affiliated Managers Group (AMG), Federated Investors (FII), Evercore (EVR) and Ares Management (ARES).

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), Verizon Communications (VZ), Micron Technology (MU), AbbVie (ABBV), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Gilead Sciences (GILD) and Cisco Systems (CSCO).

Blackstone Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Cacti Asset Management LLC (0.20%), LGT Capital Partners LTD. (0.10%), Baldwin Brothers Inc. MA (0.06%), PM CAPITAL Ltd (0.04%), North Star Investment Management Corp. (0.03%) and Neville Rodie & Shaw Inc. (0.02%). Company insiders that own Blackstone Group stock include Bennett J Goodman, Blackstone Bgsl Holdings Llc, Blackstone Group Inc, Christopher Striano, Group LP Blackstone, Holdings LP Blackstone III, J Tomilson Hill, Joan Solotar and John G Finley. View Institutional Ownership Trends for Blackstone Group.

BX stock was sold by a variety of institutional investors in the last quarter, including PM CAPITAL Ltd, LGT Capital Partners LTD., Berkshire Asset Management LLC PA, Baldwin Brothers Inc. MA, Penbrook Management LLC, Hartwell J M Limited Partnership, Cacti Asset Management LLC and Wiley BROS. Aintree Capital LLC. Company insiders that have sold Blackstone Group company stock in the last year include Bennett J Goodman, Christopher Striano, Holdings LP Blackstone III and Joan Solotar. View Insider Buying and Selling for Blackstone Group.

BX stock was purchased by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Ellis Investment Partners LLC, Neville Rodie & Shaw Inc., E&G Advisors LP, Intellectus Partners LLC, Manning & Napier Group LLC, Bridge Creek Capital Management LLC and Chesley Taft & Associates LLC. Company insiders that have bought Blackstone Group stock in the last two years include Blackstone Bgsl Holdings Llc, Blackstone Group Inc, 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, Robinhood, Fidelity and Charles Schwab.

One share of BX stock can currently be purchased for approximately $46.48.

Blackstone Group has a market capitalization of $30.74 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.View Additional Information About Blackstone Group.

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]