Blackstone Inc. (BX)
| 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...]
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 StatementsAnalyst 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.
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.
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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.
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...
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%.
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...
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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.
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.
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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...