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The Blackstone Group Inc. (BX)

Stock Price: $88.61 USD -1.43 (-1.59%)
Updated May 10, 2021 4:00 PM EDT - Market closed
After-hours: $88.98 +0.37 (0.42%) May 10, 7:48 PM
Market Cap 63.01B
Revenue (ttm) 14.48B
Net Income (ttm) 3.86B
Shares Out 690.57M
EPS (ttm) 5.47
PE Ratio 16.20
Forward PE 26.46
Dividend $2.69
Dividend Yield 3.04%
Trading Day May 10
Last Price $88.61
Previous Close $90.04
Change ($) -1.43
Change (%) -1.59%
Day's Open 90.83
Day's Range 88.59 - 91.41
Day's Volume 3,047,522
52-Week Range 45.97 - 91.41

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St. Modwen Properties PLC (LON:SMP) climbed 19% to 531p after receiving a takeover approach from US investment giant Blackstone that values the FTSE 250 group at about £1.2bn.

4 days ago - Proactive Investors

St. Modwen Properties PLC (LON:SMP) has received a takeover approach from US investment giant Blackstone that values the FTSE250 group[ at about £1.2bn.

4 days ago - Proactive Investors

Blackstone Minerals Ltd's (ASX:BSX) (OTCMKTS:BLSTF) (FRA:B9S) wholly-owned subsidiary Codrus Minerals Ltd has lodged a prospectus with the Australian Securities & Investments Commission (ASIC) to raise ...

5 days ago - Proactive Investors

Strong sales growth is one of the most important characteristics of potential winners in the stock market. Let's check out Encompass Health (EHC), Facebook (FB), MKS Instruments (MKSI), Blackstone (BX) ...

Other stocks mentioned: EHC, FB, IPG, MKSI
5 days ago - Zacks Investment Research

ATCO vs. BX: Which Stock Is the Better Value Option?

Other stocks mentioned: ATCO
6 days ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced that Paget MacColl has joined the firm as Global Head of Blackstone Alternative Asset Management's (BAAM) Institutional Client Solutions. ...

6 days ago - Business Wire

Private-equity company Blackstone Group Inc said on Tuesday it has hired a Goldman Sachs Group Inc partner to head client services and business development around the world for its hedge fund unit.

6 days ago - Reuters

Blackstone Group Inc has for the first time asked executives in companies controlled by its private equity arm to regularly report on environmental, social and governance (ESG) matters to their boards, ...

1 week ago - Reuters

Blackstone Minerals Ltd (ASX:BSX) (OTCMKTS:BLSTF) (FRA:B9S) has appointed Shannan Bamforth as managing director of Codrus Minerals Ltd, the proposed spin-out of its non-core gold assets. Bamforth, a geo...

1 week ago - Proactive Investors

NEW YORK--(BUSINESS WIRE)--Today, funds managed by Blackstone Tactical Opportunities and Blackstone Infrastructure Partners (collectively, “Blackstone”) announced an investment in Hotwire Communications...

1 week ago - Business Wire

SAN JOSE, Calif.--(BUSINESS WIRE)--Vectra AI, a leader in threat detection and response today announced a $130 million round of funding led by funds managed by Blackstone Growth (BXG, “Blackstone Growth...

1 week ago - Business Wire

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of -3.28% and -4.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Other stocks mentioned: BXMT
1 week ago - Zacks Investment Research

Does Blackstone Group (BX) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 week ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that it is continuing to expand its Environmental, Social, Governance (ESG) team, with five newly created senior positions across the U.S...

1 week ago - Business Wire

Private equity firm Blackstone Group Inc told Reuters on Tuesday it has made five additions to its environmental, social and governance (ESG) team, as its steps up the implementation of sustainability a...

2 weeks ago - Reuters

While most investors use blue-chip stocks to add stability to their portfolio, they make great economic indicators for everyone to watch. The post 7 Blue-Chip Stocks Everyone Should Watch appeared first...

Other stocks mentioned: CVX, DIS, KMX, PFE, PSA
2 weeks ago - InvestorPlace

Milan's Arbitral tribunal will reach a final decision regarding the disputed sale of the headquarters of Italian publisher RCS to Blackstone Group by the end of May, according to an RCS document.

2 weeks ago - Reuters

Blackstone Group Inc (NYSE: BX) has offered to acquire an additional 26% stake in Indian IT outsourcing service provider, Mphasis Ltd, for $1.1 billion (₹82.6 billion), Mint reports. Blackstone had acqu...

2 weeks ago - Benzinga

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that it has hired Yifat Oron, who previously served as CEO of LeumiTech, as a Senior Managing Director and head of the...

2 weeks ago - Business Wire

Blackstone (BX) records a rise in revenues along with higher asset balances in the first quarter of 2021.

2 weeks ago - Zacks Investment Research

Gray Says Blackstone Favors Travel, Sustainability, Housing

YouTube video

Apr.22 -- Blackstone Group Inc. President Jonathan Gray says the firm is investing heavily in businesses that will benefit from a world that's gradually reopening. "We've invested in a bunch of travel r...

2 weeks ago - Bloomberg Markets and Finance

Blackstone president on Q1 earnings beat, investment strategy

YouTube video

Jon Gray, president and chief operating officer of the Blackstone Group, joined "Squawk Box" on Thursday to discuss how the company's "thematic" approach to investing helped position it to post an earni...

2 weeks ago - CNBC Television

Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday that its distributable earnings more than doubled in the first quarter to...

2 weeks ago - Reuters

Shares of Blackstone Group (NYSE:BX) rose 3.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 108.70% over the past year to $0.96, which beat the ...

2 weeks ago - Benzinga

Blackstone (BX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 weeks ago - Zacks Investment Research

Driven by inflows, Blackstone's (BX) assets under management are likely to have improved in the first quarter of 2021.

2 weeks ago - Zacks Investment Research

Logistics real estate manager ESR Cayman Limited said it will join with Singaporean sovereign wealth fund GIC to buy an Australian portfolio from Blackstone for A$3.8 billion ($2.9 billion).

3 weeks ago - Reuters

LONDON--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that it has hired Paul Morrissey, a seasoned investment professional with extensive private equity and venture capital experience, as a Man...

3 weeks ago - Business Wire

NEW YORK & ALVARADO, Texas--(BUSINESS WIRE)--Today, Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have agreed to acquire Sabre Industries, Inc. (“Sabre”) from The ...

3 weeks ago - Business Wire

Crown Resorts said on Tuesday Blackstone Group set further conditions for its proposed buyout of the casino operator, including that the Australian company not loose further state licences.

Other stocks mentioned: CWLDY
4 weeks ago - Reuters

On Thursday, Blackstone got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The post Top-Rated Finance Stocks: Blackstone Composite Rating Climbs To Near-Best 96 appeared first on Inv...

1 month ago - Investors Business Daily

BEN vs. BX: Which Stock Is the Better Value Option?

Other stocks mentioned: BEN
1 month ago - Zacks Investment Research

Here's how to get in on private equity returns usually reserved for accredited investors.

Other stocks mentioned: KKR
1 month ago - The Motley Fool

Blackstone Group said on Friday that Scott Soussa, who co-heads the hedge fund and private equity stakes business, has decided to leave the firm and that Mustafa Siddiqui, who co-heads the business, wil...

1 month ago - Reuters

TOKYO (Reuters) -Japan's Kintetsu Group Holdings will sell eight hotels to U.S. buyout firm Blackstone Group for an undisclosed amount, the railway operator said on Thursday, in the latest private equit...

1 month ago - Reuters

Blackstone Group Inc (NYSE: BX) expressed plans of buying Australia's largest gaming and entertainment group, Crown Resorts Ltd (ASX: CWN), on Monday for £4.47 billion.   Blackstone remained almost flat...

Other stocks mentioned: CWLDY
1 month ago - Invezz

Casino operator Crown Resorts Ltd said on Monday it received a buyout offer from private equity company Blackstone Group Inc that values the company at A$8.02 billion ($6.19 billion).

Other stocks mentioned: CWLDY
1 month ago - Reuters

Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Friday it closed Blackstone Growth, its inaugural growth equity fund, at $4.5 bill...

1 month ago - Reuters

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced the final close of Blackstone Growth (BXG), its inaugural growth equity fund. BXG was oversubscribed and closed at its hard cap of $4.5 b...

1 month ago - Business Wire

The private equity giant Blackstone is today announcing the final close of its first growth equity fund — Blackstone Growth — with $4.5 billion in  capital commitments from a wide range of family office...

1 month ago - TechCrunch

ATCO vs. BX: Which Stock Is the Better Value Option?

Other stocks mentioned: ATCO
1 month ago - Zacks Investment Research

LONDON--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that private equity funds managed by Blackstone have agreed to acquire DESOTEC (the “Company”), a leading European environmental service co...

1 month ago - Business Wire

Extended Stay America (STAY) has reached an agreement to be acquired by a 50/50 joint venture between Blackstone and Starwood Capital Group for $6 billion.

Other stocks mentioned: STAY
1 month ago - Zacks Investment Research

Extended Stay America (STAY) has reached an agreement to be acquired by a 50/50 joint venture between Blackstone and Starwood Capital Group for $6 billion.

Other stocks mentioned: STAY
1 month ago - Zacks Investment Research

Blackstone and Starwood Capital have agreed to acquire Extended Stay America, a press release says, with the deal going forward for around $6 billion. “Travel and leisure is one of Blackstone's highest ...

Other stocks mentioned: STAY
1 month ago - PYMNTS

Looking to take advantage of value opportunities in the hospitality sector, Blackstone Group Inc. (NYSE:BX) and Starwood Capital Group announced on March 15 they agreed to buy hotel owner and operator E...

Other stocks mentioned: STAY
1 month ago - GuruFocus

Blackstone, Starwood Capital to buy Extended Stay America for $6B

YouTube video

CNBC's Seema Mody reports on the travel industry's recovery as the Carnival CEO says cruise lines face at least two tough years ahead, and Blackstone buys Extended Stay America with Starwood Capital.

Other stocks mentioned: STAY
1 month ago - CNBC Television

The lodging sector has been one of the hardest hit during the pandemic, which caused most tourism, conventions, and business travel to dry up.

Other stocks mentioned: STAY
1 month ago - Fox Business

Extended Stay America, a bright spot for the beleaguered hotel industry, has been taken private in a $6 billion deal.

Other stocks mentioned: STAY
1 month ago - CNN Business

DALLAS, March 15, 2021 /PRNewswire/ -- As part of its Integrated Resource Plan, the California Public Utilities Commission (CPUC) has identified more than 2,000 megawatts of new, low-cost renewable ener...

1 month ago - PRNewsWire

About BX

The Blackstone Group Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-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-oriented commercial real estate across North America, ... [Read more...]

Industry
Asset Management
IPO Date
Jun 22, 2007
Stock Exchange
NYSE
Ticker Symbol
BX
Full Company Profile

Financial Performance

In 2020, BX's revenue was $6.10 billion, a decrease of -16.85% compared to the previous year's $7.34 billion. Earnings were $1.05 billion, a decrease of -49.00%.

Financial Statements

Analyst Forecasts

According to 20 analysts, the average rating for BX stock is "Buy." The 12-month stock price forecast is 89.97, which is an increase of 1.53% from the latest price.

Price Target
$89.97
(1.53% upside)
Analyst Consensus: Buy