Blackstone Inc. (BX)
| Market Cap | 193.41B |
| Revenue (ttm) | 12.66B |
| Net Income (ttm) | 2.78B |
| Shares Out | 1.22B |
| EPS (ttm) | 3.62 |
| PE Ratio | 43.75 |
| Forward PE | 27.73 |
| Dividend | $3.95 (2.49%) |
| Ex-Dividend Date | Feb 10, 2025 |
| Volume | 4,646,579 |
| Open | 165.00 |
| Previous Close | 163.90 |
| Day's Range | 157.75 - 165.15 |
| 52-Week Range | 115.82 - 200.96 |
| Beta | 1.53 |
| Analysts | Buy |
| Price Target | 173.60 (+9.61%) |
| Earnings Date | Apr 17, 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 2024, Blackstone's revenue was $12.66 billion, an increase of 64.79% compared to the previous year's $7.68 billion. Earnings were $2.78 billion, an increase of 99.62%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for BX stock is "Buy." The 12-month stock price forecast is $173.6, which is an increase of 9.61% from the latest price.
News
Higher Fee Revenues, Brighter Outlook Boost Mood Of Private Equity's Big 4
Record revenues from management fees and a brighter outlook for M&A in the year ahead helped private equity's Big Four close 2024 on a high note. The average net positivity score for the four largest ...
My Dividend Stock Portfolio: New January Dividend Record - 100 Holdings With 14 Buys
January saw solid investment activity with $1,500 in net capital added, primarily into Business Development Companies like Owl Rock Capital, Goldman Sachs BDC, and Blackstone Secured Lending Fund. Div...
The Biggest Mistakes REIT Investors Make
Avoid get-rich-quick schemes and conduct thorough research on real estate investments, especially when influenced by social media gurus. Emphasize risk management and understand the dangers of over-le...
Blackstone: Start Buying The Dip (Rating Upgrade)
Our recent call to downgrade Blackstone from "Strong Buy" to "Sell" has been vindicated by the stock's recent underperformance. Since our previous article was published on 23 November 2024, Blackstone...
Is Blackstone Mortgage's 10% Dividend Yield Too Good To Be True?
Blackstone Mortgage Trust, Inc. benefits from Blackstone's extensive resources, managing a diversified $17B portfolio with strong liquidity and reduced office exposure. BXMT's robust balance sheet, re...
Exclusive: Blackstone seeks $800 million loan to finance New York office purchase, sources say
Blackstone plans to take out a loan of about $800 million to finance the purchase of a stake in a 50-story office building in New York City, according to two sources familiar with the matter.
Blackstone Real Estate Completes Privatization of Retail Opportunity Investments Corp. for $4 Billion
NEW YORK & SAN DIEGO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. (“ROIC” or the “Company”) today announced that Blackstone Real Estate Partners X (“Blackstone”) ha...
Blackstone Inc. (BX) Bank of America Securities Financial Services Conference 2025 Transcript
Blackstone Inc. (NYSE:BX) Bank of America Securities Financial Services Conference 2025 February 11, 2025 10:30 AM ET Company Participants Michael Chae - Vice Chairman and Chief Financial Officer Con...
Blackstone Life Sciences and Anthos Therapeutics Announce Agreement for Anthos to be Acquired by Novartis for up to $3.1 Billion
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Blackstone Life Sciences and Anthos Therapeutics Announce Agreement for Anthos to be Acquired by Novartis for up to $3.1 billion.
Acushnet Holdings Set to Join S&P SmallCap 600
NEW YORK , Feb. 10, 2025 /PRNewswire/ -- Acushnet Holdings Corp. (NYSE: GOLF) will replace Retail Opportunity Investments Corp. (NASD: ROIC) in the S&P SmallCap 600 effective prior to the opening of t...
'Real estate is on a road to recovery', says Blackstone's Kathleen McCarthy
Kathleen McCarthy, Blackstone Global Co-Head of Real Estate, joins 'Closing Bell Overtime' to talk the state of real estate, the impact of the bond market, and more.
Blackstone: My Bet On This $1 Trillion Asset Manager Continues To Pay Dividends
Blackstone, the world's largest alternative asset manager, has over $1 trillion in AUM, showcasing its scale and competitive advantage in dynamic sectors. Despite recent mixed earnings results, Blacks...
My Single Favorite Place To Buy Income
I love investing in high-yielding dividend growth stocks. I share my single favorite place to invest to generate attractive and growing income. I detail why and share some of my top picks of the momen...
Blackstone to Present at the Bank of America Securities Financial Services Conference 2025
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that Michael Chae, Vice Chairman and Chief Financial Officer, is scheduled to present at the Bank of America Securities 2025 Financial S...
Blackstone nears major deal for NYC office tower in latest sign of post-COVID real estate comeback
Last summer, Stephen A. Schwarzman-led Blackstone also signed the largest Manhattan office lease of 2024 at Rudin's 345 Park Ave.
Blackstone reaffirms big bet on AI data centers — despite DeepSeek threat
Lower costs could yet lead to a wider adoption of AI, boosting demand for data centers, Blackstone's president said.
Blackstone in talks to buy stake in New York office building-sources
Blackstone is in talks to buy a sizeable stake in a New York 50-story office building from institutional investors of JPMorgan Asset Management, two sources familiar with the matter said on Thursday.
Blackstone Inc. (BX) Q4 2024 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 10:19 AM ET Blackstone Inc. (NYSE:BX) Q4 2024 Earnings Conference Call January 30, 2025, 09:00 AM ET Company Participants Steve Schwarzman - Chairman and CEO Jon Gra...
Blackstone holds firm on data center investments despite DeepSeek turmoil
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China's DeepSeek, as the need for physical infrastructur...
Blackstone's Gray on AI, Real Estate, Office Rents
Blackstone President Jonathan Gray talks about their latest earnings report which saw the firm beat Wall Street expectations. Gray also says the worst is over for the global office market and the alte...
Private Equity Investment In Japan Soars
Japan's share of all private equity and venture capital investments in Asia-Pacific grew in 2024 as the value of private equity deals targeting Japanese companies surged. Momentum is expected to conti...
Blackstone Energy Transition Partners to Acquire Potomac Energy Center
LOUDOUN COUNTY, Va. & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) have agreed to acquire Potomac Energy Center (“Potomac”...
Blackstone to buy $1 billion Virginia power plant near data centers
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday, in a deal symbolizing the allure to inve...
Smartsheet officially goes private, completes acquisition by Blackstone and Vista Equity Partners
Smartsheet is a private company again.
Blackstone and Vista Equity Partners Complete Acquisition of Smartsheet
BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet, the AI enhanced enterprise grade work management platform, today announced the completion of its acquisition by funds managed by Blackstone (“Blackstone”)...