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 declared a quarterly dividend on Friday, February 1st. Stockholders of record on Monday, February 11th will be given 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 6.96%. The ex-dividend date is Friday, February 8th. View Blackstone Group's Dividend History.

Blackstone Group LP (NYSE:BX) announced its quarterly earnings results on Thursday, January, 31st. The asset manager reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.05. The asset manager had revenue of $504.98 million for the quarter, compared to analysts' expectations of $381.19 million. Blackstone Group had a return on equity of 16.33% and a net margin of 22.56%. The firm's quarterly revenue was down 74.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.71 EPS. 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 Wall Street analysts have issued 1 year 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 28.3% 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 coverage about BX stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blackstone Group earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave media headlines about the asset manager a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Blackstone Group saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 29,865,005 shares, a drop of 33.5% from the December 31st total of 44,931,288 shares. Based on an average trading volume of 4,809,567 shares, the days-to-cover ratio is presently 6.2 days. Currently, 4.6% of the company's shares 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), Franklin Resources (BEN), KKR & Co Inc (KKR), Invesco (IVZ), Oaktree Capital Group (OAK), Apollo Global Management (APO), Affiliated Managers Group (AMG), Morningstar (MORN), Eaton Vance (EV), Lazard (LAZ), Janus Henderson Group (JHG), Evercore (EVR), Houlihan Lokey (HLI) and AllianceBernstein (AB).

Blackstone Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (2.13%), Massachusetts Financial Services Co. MA (1.78%), Swedbank (0.86%), Fairview Capital Investment Management LLC (0.57%), Beck Mack & Oliver LLC (0.52%) and Amundi Pioneer Asset Management Inc. (0.52%). Company insiders that own Blackstone Group stock include 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.

BX stock was sold by a variety of institutional investors in the last quarter, including 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, Stratos Wealth Partners LTD. and Gabelli Funds 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.

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, RMB Capital Management LLC, Toronto Dominion Bank, HMI Capital LLC, SHANDA ASSET MANAGEMENT HOLDINGS Ltd and Swedbank. 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.

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 $33.35.

Blackstone Group has a market capitalization of $22.09 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 2,360 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].com.