The Blackstone Group/BX
$124.78
-2.42%-
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
Website
www.blackstone.com
BX Metrics
BasicAdvanced
$159B
Market cap
46.31
P/E ratio
$2.84
EPS
1.54
Beta
$3.96
Dividend rate
2.56%
Dividend yield
Price and volume
Market cap
$159B
Beta
1.53712
52-week high
$133.56
52-week low
$80.82
Average daily volume
3.6M
Dividend rate
$3.96
Financial strength
Long term debt to equity
154.422
Total debt to equity
154.422
Dividend payout ratio (TTM)
116.72%
Interest coverage (TTM)
9.04%
Management effectiveness
Return on assets (TTM)
9.48%
Return on equity (TTM)
30.65%
Return on investment (TTM)
20.65%
Valuation
Price to earnings (TTM)
46.307
Price to revenue (TTM)
15.371
Price to book
13.636
Price to tangible book (TTM)
32.582
Price to free cash flow (TTM)
968.334
Five year average dividend yield
3.44%
Dividend yield (TTM)
3.02%
Forward dividend yield
2.56%
Growth
Revenue change (TTM)
116.39%
Earnings per share change (TTM)
242.74%
3-year revenue growth
9.55%
3-year earnings per share growth
7.09%
3-year dividend per share growth
20.24%
What the Analysts think about BX
Analyst Ratings
Majority rating from 21 analysts.
Price Targets
Average projection from 15 analysts.
High $144.00
Low $109.00
$124.78
Current price
$127.27
Average price target
BX Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3.7B
186.99%
Net income
$847M
458.17%
Profit margin
22.97%
94.5%
BX Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.93
$0.94
$1.11
$0.98
-
Expected
$0.92
$1.01
$0.95
$0.96
$1.05
Surprise
1.03%
-7.38%
16.82%
1.67%
-
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.
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FAQs
What’s the current market cap for The Blackstone Group stock?
The Blackstone Group (BX) has a market cap of $152B as of May 20, 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 44.32 as of May 20, 2024.
Does The Blackstone Group stock pay dividends?
Yes, the The Blackstone Group (BX) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $3.959 and the yield is 2.67%. The Blackstone Group has a payout ratio of 116.72% 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 1.53. 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 $127.27, which is 1.27% above the current price of $125.67. This is an average based on projections from 15 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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