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The Blackstone Group Inc. (BX)

Stock Price: $69.96 USD -0.77 (-1.09%)
Updated Mar 2, 2021 4:00 PM EST - Market closed
Market Cap 49.55B
Revenue (ttm) 6.10B
Net Income (ttm) 1.05B
Shares Out 696.93M
EPS (ttm) 1.50
PE Ratio 46.64
Forward PE 22.42
Dividend $2.26
Dividend Yield 3.23%
Trading Day March 2
Last Price $69.96
Previous Close $70.73
Change ($) -0.77
Change (%) -1.09%
Day's Open 70.91
Day's Range 69.95 - 70.96
Day's Volume 2,309,153
52-Week Range 31.79 - 72.10

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Zacks Investment Research - 15 hours ago

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

Other stocks mentioned: ATCO
Zacks Investment Research - 15 hours ago

Blackstone's (BX) CEO Stephen Schwarzman receives a total compensation package of $610.5 million for 2020.

Zacks Investment Research - 1 day ago

Is (BX) Outperforming Other Finance Stocks This Year?

New York Post - 1 day ago

Schwarzman, 74, received $86.4 million in compensation and $524.1 million in dividends from his Blackstone shares, a regulatory filing showed on Friday. His net worth is currently pegged by Fo...

Reuters - 1 day ago

Blackstone Group Inc Chief Executive Stephen Schwarzman pocketed at least $610.5 million in 2020 from dividends and compensation, more than any other private equity executive and up 20% from l...

Business Wire - 1 week ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the appointment of former Centrica CEO, Iain Conn, as a Senior Advisor for energy and sustainability investing. Conn will bring ...

Proactive Investors - 2 weeks ago

Blackstone Minerals Ltd (ASX:BSX) (OTCMKTS:BLSTF) (FRA:B9S) continues to intersect massive sulphide vein (MSV) mineralisation in all drill holes subsequent to the maiden intersections at King ...

Forbes - 2 weeks ago

Blackstone's multi-billion-dollar investment windfall on dating app Bumble shows that the world's largest private equity firm is sitting on a goldmine of winning buyout deals.

Other stocks mentioned: BMBL
Business Wire - 2 weeks ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present virtually at the 22nd Annual Credit Suisse Virtual Financial...

Proactive Investors - 2 weeks ago

Blackstone Minerals Ltd (ASX:BSX) is developing the district-scale Ta Khoa Project in Northern Vietnam where the company is drilling out the large-scale Ban Phuc Nickel-PGE deposit. The compan...

Zacks Investment Research - 2 weeks ago

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of -4.76% and -6.74%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for th...

Other stocks mentioned: BXMT
Benzinga - 2 weeks ago

Shares of Blackstone Mortgage Trust (NYSE:BXMT) decreased 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 11.76% over the past ...

Other stocks mentioned: BXMT
Benzinga - 3 weeks ago

On Wednesday, February 10, Blackstone Mortgage Trust (NYSE:BXMT) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Other stocks mentioned: BXMT
Zacks Investment Research - 3 weeks ago

This year, the U.S. service side of the economy is already up and running, which calls for investing in stocks like CoreLogic (CLGX), Cincinnati Bell (CBB) and CACI International (CACI).

Other stocks mentioned: BKI, CACI, CBB, CLGX
Business Wire - 3 weeks ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that it is hiring Shary Moalemzadeh, a seasoned private equity and credit investment professional with almost three decades of ...

Reuters - 3 weeks ago

Blackstone Group, the world's largest hedge fund investor, is committing $150 million in start-up capital to a hedge fund run by a former senior executive at Lone Star Funds, two sources famil...

Zacks Investment Research - 3 weeks ago

Top Ranked Income Stocks to Buy for February 5th

Other stocks mentioned: CFR, HWC, OMP
Zacks Investment Research - 3 weeks ago

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

Other stocks mentioned: IVZ
Reuters - 3 weeks ago

A bidding war for Signature Aviation took a new twist on Friday as former Gatwick owner GIP joined forces with Blackstone and Bill Gates' investment vehicle on an offer valuing the private jet...

Other stocks mentioned: BBAVF, BBAVY
Business Wire - 3 weeks ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that the Blackstone Charitable Foundation will expand its LaunchPad program to support underrepresented students and communitie...

Zacks Investment Research - 3 weeks ago

Blackstone Group (BX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Zacks Investment Research - 3 weeks ago

Top Ranked Income Stocks to Buy for February 3rd

Other stocks mentioned: CBFV, PFS
Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have reached a definitive agreement to acquire Interior Logic Gro...

CNBC Television - 1 month ago

Final Trades: Walgreens, Blackstone, Qualcomm & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: WBA, MPC, XPO
Business Wire - 1 month ago

BAAR, Switzerland--(BUSINESS WIRE)--Blackstone Resources announce CEO Ulrich Ernst will be presenting at AlphaValue's upcoming battery technology webinar - 3 February 2021 at 15:00 CET.

Zacks Investment Research - 1 month ago

Blackstone (BX) records a rise in revenues along with higher expenses in the fourth quarter of 2020.

Seeking Alpha - 1 month ago

The Blackstone Group Inc. (BX) CEO Steve Schwarzman on Q4 2020 Results - Earnings Call Transcript

Reuters - 1 month ago

Blackstone Group Inc, the world's largest manager of alternative assets, said on Wednesday its fourth-quarter distributable earnings rose 60% year-on-year, driven by a surge in asset sales acr...

CNBC Television - 1 month ago

Final Trades: Blackstone, EQT Corp. & Keurig Dr Pepper

The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: EQT, KDP
CNBC Television - 1 month ago

Blackstone President Jon Gray on fourth-quarter results and investment strategy

Blackstone reported distributable earnings per share of $1.13, compared to a consensus estimate of 89 cents a share. Its results were helped by a jump in the value of its private-equity portfo...

CNBC Television - 1 month ago

Blackstone's Jon Gray on GameStop and extreme market volatility

"There are definitely places in this market where we are seeing this sort of speculative fervor where it's more gambling in some respects than maybe investing," Blackstone President Jon Gray t...

Other stocks mentioned: GME
Benzinga - 1 month ago

Shares of Blackstone Group (NYSE:BX) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share rose 59.15% over the past year to $1.13, which beat the estimate...

Market Watch - 1 month ago

Blackstone Group Inc. reported higher earnings for the fourth quarter as the value of its private-equity portfolio climbed with the broader market. The buyout giant posted net income of $748.9...

CNBC Television - 1 month ago

Bill Foley on taking Blackstone's Alight public in a $7.3 billion SPAC deal

Bill Foley, chairman of Foley Trasimene, and Stephan Scholl, CEO of Alight, join "Squawk on the Street" to discuss the deal to take Alight public via SPAC.

Other stocks mentioned: WPF
Reuters - 1 month ago

A blank-check firm backed by prominent investor Bill Foley has agreed to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone Group, public in a deal ...

Other stocks mentioned: WPF
Reuters - 1 month ago

A blank-check acquisition firm backed by veteran investor Bill Foley is nearing an agreement to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone G...

Other stocks mentioned: WPF
Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced that it has hired Michael Hovey as a Senior Managing Director to lead acquisitions and strategic partnerships for Blackstone Ins...

Reuters - 1 month ago

Blackstone Group Inc Chairman Stephen Schwarzman said on Tuesday that the new U.S. administration was going to take a "softer tone" towards China, and that he expected lower tensions between t...

Bloomberg Markets and Finance - 1 month ago

Blackstone's Byron Wien's 10 Surprises for 2021

Jan.15 -- Byron Wien, vice chairman at Blackstone Private Wealth Solutions, discusses the market, economic, and political surprises he sees coming in 2021. He speaks on "Bloomberg Markets.

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the appointment of Jeff Margolis, former Chairman and CEO of TriZetto and the prior CEO and current Chairman of Welltok, Inc., a...

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the appointment of retired four star General David L. Goldfein, the 21st Chief of Staff of the United States Air Force, as a Sen...

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the appointment of Frank Slootman as a Senior Advisor. Mr. Slootman is currently the Chairman and Chief Executive Officer of Sno...

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Blackstone today announced that Blackstone Private Credit Fund (“BCRED”), the firm's non-listed business development company (“BDC”), broke escrow with approximately...

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced that Joe Dowling, the former Chief Executive Officer of Brown University's Investment Office, has joined the firm as Global Co-H...

Reuters - 1 month ago

The co-owner of London's Gatwick Airport, Global Infrastructure Partners, clinched a $4.63 billion deal to buy British private jet servicing company Signature Aviation on Monday, trumping priv...

Other stocks mentioned: CG
The Guardian - 1 month ago

Gates' Cascade Investment fund teams up with US private equity firm on offer for Signature Aviation

Reuters - 1 month ago

Blackstone Group Inc on Friday pushed ahead with its proposal to buy out Signature Aviation in a deal worth $4.29 billion, securing the support of the private jet servicing company's biggest s...

Reuters - 1 month ago

Brazilian asset manager Patria Investments Ltd, which is backed by Blackstone Group Inc, is likely to reach a valuation of between $1 billion and $1.6 billion in its planned initial public off...

Zacks Investment Research - 1 month ago

After a tumultuous 2020, Wall Street investors now expect a brighter 2021. This calls for investing in growth stocks like Malibu Boats (MBUU), LaZBoy (LZB) and Alphabet (GOOGL), to name a few.

Other stocks mentioned: BECN, GOOGL, LZB, MBUU
PRNewsWire - 1 month ago

NEW YORK and SAN FRANCISCO and MIAMI, Jan. 4, 2021 /PRNewswire/ -- Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properti...

About BX

The Blackstone Group 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, Europ... [Read more...]

Industry
Asset Management
IPO Date
Jun 22, 2007
CEO
Stephen Allen Schwarzman B.A., M.B.A.
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 73.41, which is an increase of 4.93% from the latest price.

Price Target
$73.41
(4.93% upside)
Analyst Consensus: Buy