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The Blackstone Group Inc. (BX)

Stock Price: $52.52 USD -0.48 (-0.91%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $52.31 -0.21 (-0.40%) Aug 7, 7:43 PM

Stock Price Chart

Key Info

Market Cap 35.55B
Revenue (ttm) 3.07B
Net Income (ttm) 501.89M
Shares Out 676.88M
EPS (ttm) 0.23
PE Ratio 228.35
Forward PE 25.00
Dividend $1.86
Dividend Yield 3.54%

Stock Quote

Trading Day Aug 7, 2020
Last Price $52.52
Previous Close $53.00
Change ($) -0.48
Change (%) -0.91%
Day's Open 52.86
Day's Range 52.36 - 53.15
Day's Volume 2,278,890
52-Week Range 33.00 - 64.97

More Stats

Market Cap 35.55B
Enterprise Value 44.32B
Earnings Date (est) Oct 15, 2020
Ex-Dividend Date Jul 31, 2020
Shares Outstanding 676.88M
Float 684.77M
EPS (basic) 0.73
EPS (diluted) 0.23
FCF / Share 4.11
Dividend $1.86
Dividend Yield 3.54%
Earnings Yield 0.44%
FCF Yield 7.82%
Payout Ratio 267.10%
Shares Short 10.44M
Short Ratio 3.37
Short % of Float 1.55%
Beta 1.37
PE Ratio 228.35
Forward PE 25.00
P/FCF Ratio 12.80
PS Ratio 11.57
PB Ratio 6.87
Revenue 3.07B
Operating Income 151.31M
Net Income 501.89M
Free Cash Flow 2.78B
Net Cash -8.77B
Net Cash / Share -12.96
Gross Margin 191.78%
Operating Margin 4.93%
Profit Margin 22.40%
FCF Margin 90.44%
ROA 2.99%
ROE 6.73%
ROIC 1.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (18)

Buy 12
Overweight 0
Hold 6
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$61.29*
(16.70% upside)
Low
49.0
Current: $52.52
High
70.0
Target: 61.29
*Average 12-month price target from 14 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue7,3386,8337,1455,1464,6477,4856,6134,0193,2533,119
Revenue Growth7.39%-4.36%38.84%10.76%-37.92%13.18%64.53%23.58%4.27%-
Gross Profit7,3386,8337,1455,1464,6477,4856,6134,0193,2533,119
Operating Income3,5733,4853,5902,3501,7003,7502,854832-77.67-983
Net Income2,0501,5421,4711,0397101,5851,171219-168-370
Shares Outstanding676679665649634609587534476364
Earnings Per Share3.032.262.211.561.042.581.980.41-0.35-1.02
EPS Growth34.07%2.26%41.67%50%-59.69%30.3%382.93%---
Dividend Per Share1.922.422.321.663.491.921.180.520.620.60
Dividend Growth-20.66%4.31%39.76%-52.37%81.51%62.71%126.92%-16.13%3.33%-
Operating Cash Flow1,96345.74-1,626-88.592,3971,6553,5485831,100-372
Capital Expenditures-60.28-18.38-24.35-21.83-59.25-30.27-25.64-37.02-36.48-54.16
Free Cash Flow1,90327.37-1,651-1102,3381,6253,5225461,063-426
Cash & Equivalents2,5242,5453,9222,8422,4243,2211,8782,1141,4801,379
Total Debt11,85310,31715,0899,1576,3349,04010,85913,4209,1137,378
Net Cash / Debt-9,330-7,772-11,167-6,315-3,910-5,819-8,981-11,306-7,634-5,999
Assets32,58628,92534,41626,40322,52631,49729,67928,93221,90918,845
Liabilities17,48215,17120,69313,88810,29614,16415,30117,71712,65710,591
Book Value7,0106,3796,6346,4616,2707,0606,3075,4674,6714,363
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name The Blackstone Group Inc.
Country United States
Employees 2,905
CEO Stephen Allen Schwarzman

Stock Information

Ticker Symbol BX
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Asset Management
Unique Identifier NYSE: BX
IPO Date June 22, 2007

Description

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, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant minority investments in operating companies and greenfield development projects in energy and power, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. The Blackstone Group Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.