Blackstone Inc. (BX)

NYSE: BX · IEX Real-Time Price · USD
+1.75 (1.56%)
At close: Dec 7, 2023, 4:00 PM
+0.14 (0.12%)
After-hours: Dec 7, 2023, 6:39 PM EST
Market Cap 138.43B
Revenue (ttm) 8.44B
Net Income (ttm) 1.80B
Shares Out 710.55M
EPS (ttm) 2.38
PE Ratio 47.84
Forward PE 23.08
Dividend $3.20 (2.81%)
Ex-Dividend Date Oct 27, 2023
Volume 2,586,876
Open 112.53
Previous Close 112.11
Day's Range 112.11 - 114.48
52-Week Range 71.72 - 117.29
Beta 1.49
Analysts Buy
Price Target 108.26 (-4.92%)
Earnings Date Jan 25, 2024

About BX

Blackstone 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, Europe and... [Read more]

Sector Financials
IPO Date Jun 22, 2007
Employees 4,695
Stock Exchange NYSE
Ticker Symbol BX
Full Company Profile

Financial Performance

In 2022, Blackstone's revenue was $8.52 billion, a decrease of -62.27% compared to the previous year's $22.58 billion. Earnings were $1.75 billion, a decrease of -70.16%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for BX stock is "Buy." The 12-month stock price forecast is $108.26, which is a decrease of -4.92% from the latest price.

Price Target
(-4.92% downside)
Analyst Consensus: Buy
Stock Forecasts


Digital Realty and Blackstone Announce $7 Billion Hyperscale Data Center Development Joint Venture

JV will deliver approximately 500 megawatts of IT capacity across three Tier 1 metros in Europe and North America AUSTIN, Texas and NEW YORK , Dec. 7, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), ...

Other symbols: DLR
2 hours ago - PRNewsWire

I'd avoid Blackstone Mortgage (BXMT) and buy these 2 REITs instead

I wrote about Blackstone Mortgage Trust (BMXT) in June and recommended buying the stock with a 16% upside. That outlook worked really well as the stock surged by over 31% and reached the year-to-date ...

21 hours ago - Invezz

Blackstone Acquires Power Grid Components, Inc., a Leading Supplier of Critical Components for the Electrical Grid

NEW YORK--(BUSINESS WIRE)--Today, Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. (“PGC”) from Shorehill...

2 days ago - Business Wire

Family-owned businesses could be an investing opportunity in 2024, says Blackstone's Joseph Baratta

Joseph Baratta, Blackstone global head of private equity, joins 'Closing Bell Overtime' to talk the state of dealmaking, top investing opportunities in the New Year and more.

3 days ago - CNBC Television

Blackstone explores sale of Anthos Therapeutics -sources

Private equity firm Blackstone Inc is exploring the sale of Anthos Therapeutics, a developer of a new generation of blood thinners it launched four years ago with backing from Novartis AG , according ...

3 days ago - Reuters

Blackstone Strategic Partners Closes Eighth Real Estate Secondaries Fund at $2.6 Billion

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced the final close on $2.6 billion for its latest real estate secondaries fund, Strategic Partners Real Estate VIII L.P., and its related committ...

7 days ago - Business Wire

Blackstone Pays $2.3 Billion for Pet Care Brand Rover

Pet care marketplace Rover is set to be acquired by private equity firm Blackstone for $2.3 billion. “We are thrilled for this next chapter in the Rover story and look forward to the partnership with ...

8 days ago - PYMNTS

Blackstone paying $2.3 billion to acquire Rover

Blackstone will shell out $11 per share to acquire Rover and turn the pet care services platform back into a private company, according to a Wednesday press release.

8 days ago - Fox Business

Blackstone is buying Rover Group at a big premium

Rover Group Inc (NASDAQ: ROVR) jumped nearly 30% on Wednesday after Blackstone Inc (NYSE: BX) said it will buy the online marketplace for pet care services for about $2.30 billion. Rover has a thirty-...

Other symbols: ROVR
8 days ago - Invezz

Rover to be acquired by asset manager Blackstone in $2.3B deal

Seattle pet-sitting marketplace Rover announced Wednesday that it has agreed to be acquired by asset manager Blackstone in a deal worth approximately $2.

Other symbols: ROVR
8 days ago - GeekWire

Rover's stock rockets after $2.3 billion cash buyout deal with Blackstone

Shares of Rover Group Inc. ROVR rocketed 27.1% in premarket trading, putting them on track for a record one-day gain, after the online pet-care marketplace announced an agreement to be acquired by Bla...

8 days ago - Market Watch

Blackstone's Schwarzman Sees Opportunities in European Real Estate

Blackstone CEO Steve Schwarzman, whose firm is one of the largest owners of commercial property, says higher rates have put European real estate under pressure. "If you have to carry a whole portfolio...

10 days ago - Bloomberg Markets and Finance

Blackstone-backed Prima seeks bids for minority stake in $1.1 bln deal–sources

Prima Assicurazioni, an insurance start-up backed by some of the world's largest private equity firms, is seeking indicative offers this week to bring in a new minority investor and raise fresh cash, ...

14 days ago - Reuters

Blackstone confirms deal to buy Civica

Blackstone Inc. BX on Wednesday confirmed reports it's agreed to buy software company Civica from Partners Group Holding AG. The deal had been reported Tuesday by The Wall Street Journal for a price o...

15 days ago - Market Watch

EBay agrees to sell stake in Adevinta in Blackstone, Permira buyout deal

Adevinta's stock NO:ADE ADEVY was in the spotlight on Wednesday after Permira and Blackstone Inc. BX on Tuesday said they are offering to buy all of the outstanding ordinary Class A shares in the Norw...

Other symbols: EBAY
15 days ago - Market Watch

Blackstone close to buying software company Civica for $2.5 billion: WSJ

Blackstone Inc. BX is closing in on an acquisition of software developer Civica for $2.5 billion, The Wall Street Journal reported Tuesday. The seller on the deal is Partners Group Holding AG, another...

16 days ago - Market Watch

Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica

The possible deal is one of at least two multibillion-dollar acquisitions the buyout giant could strike in Europe over the coming days.

16 days ago - WSJ

Blackstone Black Friday (2023): Round-up of Early Griddle Offers Reported by Retail Fuse

BOSTON--(BUSINESS WIRE)--Black Friday sales researchers at Retail Fuse are rounding-up any early Black Friday 2023 offers on Blackstone electric, outdoor & tabletop griddles.

16 days ago - Business Wire

Permira and Blackstone Announce Voluntary Offer for All Outstanding Ordinary Class a Shares in Adevinta at Nok 115 Per Share


16 days ago - GlobeNewsWire

Blackstone to close multi-strategy fund after assets drop nearly 90%

Blackstone plans to close a fund that exposes investors to a variety of hedge funds and trading strategies after assets fell almost 90% in four years, the company told Reuters on Tuesday.

16 days ago - Reuters

Blackstone to Present at the Goldman Sachs 2023 US Financial Services Conference

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present at the Goldman Sachs 2023 US Financial Services Conference...

17 days ago - Business Wire

Blackstone Top Bidder for Signature's Commercial Property Loans

Private equity group Blackstone is reportedly the leading bidder for Signature Bank's commercial property loans. Sources tell Bloomberg News that Blackstone is the frontrunner to gain possession of an...

17 days ago - PYMNTS

Blackstone Is Lead Bidder in Signature Property-Loan Sale

Bloomberg has learned that Blackstone Inc. is the frontrunner to win a portfolio of commercial-property loans of failed lender Signature Bank. Su Keenan reports on Bloomberg Television.

18 days ago - Bloomberg Markets and Finance

Blackstone frontrunner in Signature Bank commercial-property loan sale- Bloomberg News

Blackstone is the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit Insurance Corp's sale of Signature Bank debt, Bloomberg News reported on Sunday.

Other symbols: SBNY
18 days ago - Reuters

Blackstone, Macquarie deny ASPI sale report, pledge commitment

Blackstone and Macquarie on Friday dismissed as "completely false" an Italian newspaper report about possible ownership changes at Autostrade per l'Italia (ASPI), pledging their commitment as investor...

20 days ago - Reuters