Blackstone Inc. (BX)
| Market Cap | 221.74B |
| Revenue (ttm) | 11.14B |
| Net Income (ttm) | 2.22B |
| Shares Out | 1.22B |
| EPS (ttm) | 2.90 |
| PE Ratio | 62.66 |
| Forward PE | 32.65 |
| Dividend | $3.44 (1.90%) |
| Ex-Dividend Date | Oct 28, 2024 |
| Volume | 3,208,577 |
| Open | 181.85 |
| Previous Close | 179.95 |
| Day's Range | 180.79 - 182.87 |
| 52-Week Range | 115.82 - 200.96 |
| Beta | 1.52 |
| Analysts | Buy |
| Price Target | 167.00 (-8.0%) |
| Earnings Date | Jan 30, 2025 |
About BX
Blackstone Inc. is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage, seed, middle market, mature, late venture and later stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-orien... [Read more]
Financial Performance
In 2023, Blackstone's revenue was $7.68 billion, a decrease of -4.14% compared to the previous year's $8.02 billion. Earnings were $1.39 billion, a decrease of -20.41%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for BX stock is "Buy." The 12-month stock price forecast is $167.0, which is a decrease of -8.00% from the latest price.
News
5 Big Dividend Growth Blue-Chips For A Rich Retirement
Retiring with dividends is best done with a diversified portfolio of blue-chip dividend growth stocks to ensure stable and growing passive income. I discuss a simple method for building such a portfol...
My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys
In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.
The Rich Keep Getting Richer: Buy Blackstone And Join Them
Blackstone is a best-in-class asset manager, with long-tail revenue drivers, an asset-light business model, and strong profitability. The stock does appear expensive, but when adjusted for BX's expect...
Exclusive: Blackstone mulls $4 billion-plus sale of Liftoff, sources say
Buyout firm Blackstone is weighing strategic options, including a sale, for Liftoff that could value the mobile app marketing provider at more than $4 billion, including debt, two people familiar with...
One Popular Dividend Stock To Sell And One Strong Buy
The recent market rally has been very uneven. Some stocks surged, while others were left behind. There are great opportunities among dividend stocks. I highlight one of my largest holdings going into ...
Beat Inflation Like A Pro: Unstoppable Dividend Picks You Can't Miss
The dollar surged 8% in 2024, fueled by the Fed's policy shifts and potential tariffs under President Trump. As inflation persists, the Fed's uncertain path adds volatility. Professional investors, in...
Blackstone stock price could dive 22% before rebounding
Blackstone stock price had another solid performance as it outperformed the S&P 500 and Nasdaq 100 indices. BX jumped by 31% in 2024, pushing its market cap to over $212 billion and making it the bigg...
EQT Closes Midstream Joint Venture with Blackstone Credit & Insurance
PITTSBURGH , Dec. 30, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) (together with its subsidiaries, "EQT") announced today that it has closed on the formation and funding of its previously announc...
2 Once-In-A-Decade REIT Investment Opportunities
REITs are still priced at a decade-low valuation. Some REITs have the potential to double your money in a few years. I present two such once-in-a-decade buying opportunities.
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
The Federal Reserve's announcement of fewer rate cuts has caused market panic, accelerating pullbacks in high-yield, high-growth stocks. However, I have found that high-yield, high-growth stocks are a...
My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys
In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven ...
10% Yields: 2 Well-Covered Big Dividends The Market Is Sleeping On
The market rarely offers 10%+ yielding common equities that have a low risk of facing a cut. However, once in a while it offers up compelling opportunities like this. I share two 10%+ yields that are ...
Blackstone Announces Acquisition of Tokyo Garden Terrace Kioicho, Japan's Largest Ever Real Estate Investment by a Foreign Investor
TOKYO--(BUSINESS WIRE)--Blackstone (NYSE: BX), the world's leading alternative investment firm, today announced that Real Estate funds managed by Blackstone (“Blackstone”) have entered into definitive...
Blackstone Inc. (BX) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)
Blackstone Inc. (NYSE:BX) Goldman Sachs 2024 U.S. Financial Services Conference December 11, 2024 12:20 PM ET Company Participants Jon Gray - President and COO Conference Call Participants Alexander ...
Blackstone sees private equity North America exit volumes doubling next year
Alternative asset manager Blackstone expects exit volumes in its North America private equity business to double in 2025, driven by expectations of increased IPOs, and M&As activity, as inflation ease...
Call of the Day: Blackstone
The CNBC 'Halftime Report' Investment Committee discusses Blackstone and other financial names.
Blackstone Completes Senior Notes Offering
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced the completion of the previously announced offering of $750 million of 5.000% senior notes due 2034 of Blackstone Reg Finance Co. L.L.C., its...
Blackstone, EQT advance into next round of Urbaser sale, sources say
Buyout groups Blackstone and EQT have advanced to the second round of bids in the sale process of waste management company Urbaser, according to two sources with knowledge of the situation.
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...
Blackstone Prices $750 Million Senior Notes Offering
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) priced its offering of $750 million of 5.000% senior notes due 2034 of Blackstone Reg Finance Co. L.L.C., its indirect subsidiary. The notes are to be ...
Blackstone Announces Key Leadership Appointments and Launches New Areas of Client Coverage
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced three appointments to key firmwide roles and the creation of two new functions to enhance client coverage and capital raising. Blacksto...
Blackstone to Offer Senior Notes
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced its intention to offer, subject to market and other conditions, senior notes of Blackstone Reg Finance Co. L.L.C., its indirect subsidi...
Blackstone: My No. 1 Investment Of All-Time
I have consistently accumulated Blackstone Inc. shares since 2014, resulting in an 880% return, outperforming the S&P 500's 220% return. Blackstone's wide moat, massive AUM, and strategic acquisitions...