The Blackstone Group/BX

$123.47

-2.67%
-
1D1W1MYTD1YMAX

About The Blackstone Group

Blackstone Inc. is an alternative asset manager. The Company’s asset management business includes investment vehicles, which is focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, and secondary funds. The Company operates through four segments: Real Estate, Private Equity, Credit & Insurance, and Hedge Fund Solutions. Its Blackstone Real Estate Partners (BREP) business makes investments in logistics, office, rental housing, hospitality, and retail properties, as well as in a variety of real estate operating companies. The Private Equity segment includes Blackstone Capital Partners, Blackstone Energy Transition Partners, Blackstone Capital Partners Asia, and Blackstone Core Equity Partners. The Credit & Insurance segment includes Blackstone Credit and Blackstone Insurance Solutions (BIS). The Hedge Fund Solutions segment includes Blackstone Alternative Asset Management and GP Stakes businesses.

Ticker

BX

Sector

Financials

Trading on

NYSE

Industry

Investment Services

CEO

Stephen Schwarzman

Employees

4,735

Headquarters

New york, United States

BX Metrics

BasicAdvanced
$155.54B
Market cap
69.10
P/E ratio
$1.84
EPS
1.49
Beta
$3.32
Dividend rate
3.36%
Dividend yield
$155.54B
1.48907
$133.56
$79.92
3.55M
$3.32
165.827
165.827
178.18%
7.16%
5.9%
19.22%
12.82%
69.103
19.387
13.388
32.915
3.44%
2.62%
3.36%
-5.81%
-22.47%
9.55%
7.09%
20.24%

What the Analysts think about BX

Analyst Ratings

Majority rating from 22 analysts.
Hold

Price Targets

Average projection from 16 analysts.
5.44% upside
High $146.00
Low $101.00
$123.47
Current price
$130.19
Average price target

BX Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
11.81% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.29B
-49.43%
Net income
$151.8M
-72.5%
Profit margin
11.81%
-45.6%

BX Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 16.82%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.97
$0.93
$0.94
$1.11
-
Expected
$0.96
$0.92
$1.01
$0.95
$0.97
Surprise
1.41%
1.03%
-7.38%
16.82%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for The Blackstone Group stock?

The Blackstone Group (BX) has a market cap of $155.54B as of April 13, 2024.

What is the P/E ratio for The Blackstone Group stock?

The price to earnings (P/E) ratio for The Blackstone Group (BX) stock is 69.1 as of April 13, 2024.

Does The Blackstone Group stock pay dividends?

Yes, the The Blackstone Group (BX) stock pays dividends to shareholders. As of April 13, 2024, the dividend rate is $3.32 and the yield is 3.36%. The Blackstone Group has a payout ratio of 178.18% on a trailing twelve-month basis.

When is the next The Blackstone Group dividend payment date?

The next The Blackstone Group (BX) dividend payment date is unconfirmed.

What is the beta indicator for The Blackstone Group?

The Blackstone Group (BX) has a beta rating of 1.49. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the The Blackstone Group stock price target?

The target price for The Blackstone Group (BX) stock is $130.19, which is 5.44% above the current price of $123.47. This is an average based on projections from 16 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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