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, October 19th. Stockholders of record on Monday, October 29th will be given a dividend of $0.64 per share on Monday, November 5th. This represents a $2.56 annualized dividend and a dividend yield of 7.89%. The ex-dividend date is Friday, October 26th. This is a boost from Blackstone Group's previous quarterly dividend of $0.58. View Blackstone Group's Dividend History.

Blackstone Group LP (NYSE:BX) posted its quarterly earnings results on Thursday, October, 18th. The asset manager reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.02. The asset manager had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.79 billion. Blackstone Group had a net margin of 22.34% and a return on equity of 22.67%. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.69 earnings per share. View Blackstone Group's Earnings History.

Blackstone Group is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Blackstone Group.

12 equities research analysts have issued 12-month price objectives for Blackstone Group's stock. Their predictions range from $34.00 to $47.50. On average, they anticipate Blackstone Group's stock price to reach $43.3182 in the next year. This suggests a possible upside of 33.5% 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.

Media headlines about BX stock have been trending positive recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. 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 2.8 on InfoTrie's scale. They also gave news coverage about the asset manager a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

Blackstone Group saw a increase in short interest in October. As of October 31st, there was short interest totalling 22,116,682 shares, an increase of 111.0% from the October 15th total of 10,482,589 shares. Based on an average daily trading volume, of 6,543,593 shares, the days-to-cover ratio is currently 3.4 days. Approximately 3.4% of the shares of the company are sold short. 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), Affiliated Managers Group (AMG), Apollo Global Management (APO), Morningstar (MORN), Eaton Vance (EV), Lazard (LAZ), Janus Henderson Group (JHG), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and AllianceBernstein (AB).

Blackstone Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Capital World Investors (2.80%), FMR LLC (2.47%), Massachusetts Financial Services Co. MA (1.99%), Bank of Montreal Can (1.33%), Janus Henderson Group PLC (1.19%) and Swedbank (0.82%). Company insiders that own Blackstone Group stock include Bennett J Goodman, 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, Coronation Fund Managers Ltd., State of New Jersey Common Pension Fund D, Massachusetts Financial Services Co. MA, Neuberger Berman Group LLC, Prospera Financial Services Inc, Janus Henderson Group PLC and Teachers Advisors 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 acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Capital International Investors, ING Groep NV, Russell Investments Group Ltd., Credit Suisse AG, Capital World Investors, Artemis Investment Management LLP and Vantage Investment Partners LLC. 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 $32.46.

Blackstone Group has a market capitalization of $21.50 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.

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]