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Blackstone Group (BX)
NYSE:BX
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BX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$88.59 - $160.24
Previous Close$159.66
Volume2.29M
Average Volume (3M)3.40M
Market Cap
$192.85B
Enterprise Value$218.68B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$11.83B
Price to Earnings (P/E)60.9
Beta1.86
Next Earnings
Oct 17, 2024EPS Estimate
$1.08Last Dividend Ex-Date
Jul 29, 2024Dividend Yield2.19%
Share Statistics
EPS (TTM)2.62
Shares Outstanding720,076,731
10 Day Avg. Volume3,573,678
30 Day Avg. Volume3,403,352
Standard Deviation0.11
R-Squared0.53
Alpha0.00771
Financial Highlights & Ratios
Price to Book (P/B)16.82
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)24.10
P/FCF Ratio23.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-606.39
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda1.01K
Forecast
1Y Price Target
$139.56Price Target Upside-11.61% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering20
Blackstone Group News
PremiumMarket News
SPY ETF Update, 9/20/2024 
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement indicated seeing 'very resilient margins,' productivity gains, and near-zero inflation on input costs.
Growth PotentialLower interest rates could benefit Blackstone's real estate and private equity businesses on multiple fronts.
Investment ActivityDeployment activity continues to be robust, with the company investing/committing over $50 billion in Q2.
Bears Say
CompetitionCompetition in US fixed annuity and fixed indexed annuity channels is intensifying, potentially raising liability costs relative to asset yields over the long-term.
Economic UncertaintyManagement continues to expect realizations to be more muted, given the lag typically seen between improving market conditions and realization activity as well as more recent economic uncertainty.
Interest RatesPotential Fed cuts reducing the 10Y US Treasury Yield could negatively impact fixed annuity sales.
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Ownership Overview
12.74% Insiders
26.49% Mutual Funds
37.72% Other Institutional Investors
23.05% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BX FAQ
What was Blackstone Group’s price range in the past 12 months?
Blackstone Group lowest stock price was $88.59 and its highest was $160.24 in the past 12 months.
What is Blackstone Group’s market cap?
Currently, no data Available
When is Blackstone Group’s upcoming earnings report date?
Blackstone Group’s upcoming earnings report date is Oct 17, 2024 which is in 27 days.
How were Blackstone Group’s earnings last quarter?
Blackstone Group released its earnings results on Jul 18, 2024. The company reported $0.96 earnings per share for the quarter, missing the consensus estimate of $0.982 by -$0.022.
Is Blackstone Group overvalued?
According to Wall Street analysts Blackstone Group’s price is currently Overvalued.
Does Blackstone Group pay dividends?
Blackstone Group pays a Quarterly dividend of $0.82 which represents an annual dividend yield of 2.19%. See more information on Blackstone Group dividends here
What is Blackstone Group’s EPS estimate?
Blackstone Group’s EPS estimate is $1.08.
How many shares outstanding does Blackstone Group have?
Blackstone Group has 720,076,700 shares outstanding.
What happened to Blackstone Group’s price movement after its last earnings report?
Blackstone Group reported an EPS of $0.96 in its last earnings report, missing expectations of $0.982. Following the earnings report the stock price went up 1.156%.
Which hedge fund is a major shareholder of Blackstone Group?
Among the largest hedge funds holding Blackstone Group’s share is Cryder Capital. It holds Blackstone Group’s shares valued at 179M.
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Blackstone Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$139.56 (-11.61% Downside)
$139.56 (-11.61% Downside)
Blogger Sentiment
Bullish
BX Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 898.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.2%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.74%
12-Months-Change
Fundamentals
Return on Equity
28.40%
Trailing 12-Months
Asset Growth
-2.40%
Trailing 12-Months
Company Description
Blackstone Group
Founded in 1985 and headquartered in New York, The Blackstone Group is one of the world's leading investment companies. It operates through the following segments: Private Equity, Real Estate, Hedge Fund Solutions, and Credit & Insurance.
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BX Company Deck
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BX Earnings Call
Q2 2024
0:00 / 0:00
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BX Stock 12 Month Forecast
Average Price Target
$139.56
▼(-11.61% Downside)
Technical Analysis
Best Analysts Covering BX
1 Year
1 Year Success Rate
34/38 ratings generated profit
1 Year Average Return
+30.13%
reiterated a buy rating 10 days ago
Copying Craig Siegenthaler's trades and holding each position for 1 Year would result in 89.47% of your transactions generating a profit, with an average return of +30.13% per trade.
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