Blackstone Inc. (BX)

NYSE: BX · IEX Real-Time Price · USD
91.19
-3.65 (-3.85%)
Jun 29, 2022 12:37 PM EDT - Market open
-3.85%
Market Cap 109.01B
Revenue (ttm) 22.40B
Net Income (ttm) 5.33B
Shares Out 1.20B
EPS (ttm) 7.34
PE Ratio 12.43
Forward PE 16.75
Dividend $4.56 (5.00%)
Ex-Dividend Date Apr 29, 2022
Volume 1,837,313
Open 94.58
Previous Close 94.84
Day's Range 90.82 - 94.98
52-Week Range 87.39 - 149.78
Beta 1.37
Analysts Buy
Price Target 147.73 (+62.0%)
Earnings Date Jul 28, 2022

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...]

Industry Capital Markets
IPO Date Jun 22, 2007
Employees 3,795
Stock Exchange NYSE
Ticker Symbol BX
Full Company Profile

Financial Performance

In 2021, Blackstone's revenue was $22.58 billion, an increase of 270.00% compared to the previous year's $6.10 billion. Earnings were $5.86 billion, an increase of 460.32%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for BX stock is "Buy." The 12-month stock price forecast is 147.73, which is an increase of 62.00% from the latest price.

Price Target
$147.73
(62.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Blackstone: The $1 Trillion King of Private Equity

Blackstone ( BX , Financial) is the world's largest private equity firm with over $915 billion in assets under management. Despite the size of this titan, it is still growing rapidly, receiving inflows ...

Blackstone Private Credit Fund Declares Special Dividend

NEW YORK--(BUSINESS WIRE)--Blackstone Private Credit Fund (BCRED or the “Fund”) today announced that due to strong earnings and the positive impact from rising interest rates, its Board of Trustees has ...

Blackstone Completes Acquisition of Crown Resorts in the Firm's Largest Investment to Date in Asia

MELBOURNE--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that real estate funds and private equity funds managed by Blackstone (“Blackstone”) have completed the acquisition of Crown Resorts Lim...

Blackstone Real Estate Income Trust Completes $5.8 Billion Acquisition of Preferred Apartment Communities, Inc.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Preferred Apartments Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that Blackstone Real Estate Income Trust, Inc....

Crown Allowed to Open Sydney Casino Ahead of Takeover by Blackstone

Crown Resorts Ltd. has finally gained permission to open its flagship Sydney casino just days before buyout firm Blackstone Inc. takes over.

SYF vs. BX: Which Stock Should Value Investors Buy Now?

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

Other symbols: SYF

Robots To Watch? A Deep Dive Into Knightscope's Reports Of Growth In Autonomous Security In The First Half Of 2022

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Other symbols: KSCP

Australia's Federal Court approves Blackstone's $6.3 billion Crown Resorts deal

Australia's Federal Court approved on Wednesday the $6.3 billion acquisition of the country's largest casino operator Crown Resorts Ltd by private equity giant Blackstone Inc.

7 Founder-Led Stocks to Buy and Hold Forever

Founder-led stocks are those whose founder also serves as CEO. This year's Fortune 500 had 21.

Other symbols: CRMNVDASQSTLDTSLAAPO

Western Australia gives conditional nod to Blackstone's $6.3 billion Crown deal

Australia's largest casino operator Crown Resorts Ltd said on Friday regulators in the state of Western Australia had cleared its $6.3 billion buyout by private equity giant Blackstone Inc, subject to s...

Victoria, NSW approves Blackstone's $6.3 billion buyout of Crown Resorts

Gambling regulators in the states of Victoria and New South Wales approved U.S. private-equity firm Blackstone Inc's $6.3 billion takeover of Crown Resorts, the Australian casino operator said on Thursday.

Analyst Names 3 Best Alternative Asset Manager Stocks To Buy

Bank of America recently met with iCapital Network's Chairman & CEO Lawrence Calcano to discuss the democratization of alternative asset investing. On Tuesday, Bank of America analyst Craig Siegenthaler...

Other symbols: ARESOWL

Blackstone to Present at Morgan Stanley's US Financials, Payments & CRE Conference

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present at Morgan Stanley's US Financials, Payments & CRE Conference...

Top 3 cheap value stocks with fat big safe dividends

Value has beaten growth substantially in 2022. For example, the Vanguard Value ETF (VTV) has dropped by less than 5% while the Vanguard Value Fund (VUG) has fallen by more than 20%.

Other symbols: BAMMCO

Blackstone Completes 12-Year Euro-Denominated Senior Notes Offering

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) has completed its previously announced offering of €500,000,000 of 3.500% senior notes due 2034 of Blackstone Holdings Finance Co. L.L.C., its indirect s...

LU or BX: Which Is the Better Value Stock Right Now?

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

Other symbols: LU

Blackstone Prices €500 Million Senior Notes Offering

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) priced its offering of €500,000,000 of 3.500% senior notes due 2034 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be...

Investors Can Get 5%-Plus Dividend Yields on These 3 Buys

These three stocks offer the best of both worlds—dividend yields that are roughly twice that of the 10-year and have long-term capital appreciation potential to boot.

Other symbols: DVNIBM

Blackstone to Offer Euro-Denominated Senior Notes

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced its intention to offer, subject to market and other conditions, euro-denominated senior notes of Blackstone Holdings Finance Co. L.L.C., ...

Supergoop! and Blackstone Growth (BXG) Partner with New Investors to Teach Even More People About the Importance of D...

SAN ANTONIO & NEW YORK--(BUSINESS WIRE)--Supergoop!, the first skincare brand that puts SPF at the forefront, and Blackstone (NYSE:BX), a leading global investment firm, today announced a partnership wi...

Blackstone to Present at Bernstein's 38th Annual Strategic Decisions Conference

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at Bernstein's 38th Annual Strategic Decisions Conference o...

Crown Resorts shareholders greenlight Blackstone's $6.3 billion buyout

Shareholders of Australian casino operator Crown Resorts Ltd voted in favour of a $6.3 billion buyout from private equity giant Blackstone Inc on Friday, with 99.91% of the votes cast at its scheme meet...

Blackstone Real Estate Income Trust Completes $3.7 Billion Acquisition of Resource REIT

PHILADELPHIA & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that Blackstone Real Estate Income Trust, Inc. (“BREIT”) has completed its previously announced acquisition of all of the ...

Does the Stock Market Have You Down? Consider These Alternative Real Estate Investments.

The private real estate market functions much differently from the public stock and bond markets.

Other symbols: BAMKKR

RECURRENT, LEADING HIGH-GROWTH DIGITAL MEDIA COMPANY SECURES $300M IN NEW FUNDING

New financing will propel and expand Recurrent's strategic acquisitions, grow its brand reach, develop creative talent and more NEW YORK , May 18, 2022 /PRNewswire/ -- Recurrent Ventures announced today...