The Blackstone Group Inc. (BX)
| Market Cap | 89.49B |
| Revenue (ttm) | 17.25B |
| Net Income (ttm) | 4.60B |
| Shares Out | 685.95M |
| EPS (ttm) | 6.42 |
| PE Ratio | 19.48 |
| Forward PE | 31.25 |
| Dividend | $3.02 (2.41%) |
| Ex-Dividend Date | Jul 30, 2021 |
| Volume | 3,115,869 |
| Open | 125.14 |
| Previous Close | 127.09 |
| Day's Range | 123.66 - 127.09 |
| 52-Week Range | 47.54 - 136.89 |
| Beta | 1.35 |
| Analysts | Buy |
| Price Target | 118.95 (-4.9%) |
| Est. Earnings Date | Oct 27, 2021 |
About BX
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, ...
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 StatementsAnalyst Forecast
According to 14 analysts, the average rating for BX stock is "Buy." The 12-month stock price forecast is 118.95, which is a decrease of -4.92% from the latest price.
News
Blackstone Mortgage (BXMT) to Raise $400M Via Notes Offering
Tapping the debt market for capital, Blackstone Mortgage (BXMT) announces a private offering of secured notes with aggregate principal amount of $400 million.
Blackstone Inc. (BX) Stock Sinks As Market Gains: What You Should Know
Blackstone Inc. (BX) closed the most recent trading day at $125.82, moving -1.37% from the previous trading session.
Blackstone Renewable Energy Project Selected to Support New York's Transition to Clean Energy
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that its wholly-owned portfolio company Transmission Developers Inc. (TDI), was selected by the New York State Energy Research and Develo...
Blackstone Announces Appointment of Frederic Kerrest, Executive Vice Chairman, Chief Operating Officer, and Co-Founde...
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the appointment of Frederic Kerrest, Executive Vice Chairman, Chief Operating Officer, and Co-Founder of Okta – a leading independent prov...
Blackstone Inc. (BX) Gains As Market Dips: What You Should Know
In the latest trading session, Blackstone Inc. (BX) closed at $130.60, marking a +1.08% move from the previous day.
Blackstone Completes Previously Announced Acquisition of Sphera, Leading Provider of ESG Software, Data, and Consulti...
NEW YORK and CHICAGO, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Sphera today announced that private equity funds managed by Blackstone (NYSE: BX, “Blackstone”) have completed their previously announced acquisi...
Property deal worth over $3 Billion does not come through between Blackstone and Soho China
The week did not start on a good note for high-profile Chinese couple Pan Shiyi and his wife Zhang Xin, who currently control Soho China Ltd.(HKG: 0410), a Chinese commercial property developer, as comp...
Blackstone Mortgage (BXMT) Announces 10M Share Offering
Blackstone Mortgage (BXMT) will use the net proceeds from the 10 million share offering to support additional commercial mortgage loans origination, and other target assets and investments.
Soho China Plunges 35% On Uncertain Future After $3 Bln Blackstone Acquisition Evaporates
Billionaire founders Pan Shiyi and Zhang Xin have been industry icons and social media darlings
Soho China Plunges After Blackstone Scraps $3 Billion Offer
Sep.12 -- Soho China Ltd. shares are plummeting after Blackstone Group Inc. decided not to proceed with its takeover offer.
Soho China Billionaire Couple Lose Suitor As $3 Bln Acquisition Talks With Blackstone End
Move comes amid changing political currents in Beijing
The 10 Richest People on Wall Street and How to Invest in Them
Knowing what stocks the richest people on Wall Street currently own could help you find potential winners for your portfolio. The post The 10 Richest People on Wall Street and How to Invest in Them appe...
Blackstone drops $3 billion bid for Chinese property developer
Private equity firm Blackstone Group is abandoning its $3 billion bid for a controlling stake in Soho China, one of the country's largest real estate developers.
Bumble Reports Pricing Of Upsized Equity Offering By Blackstone At Discount
Online dating services company Bumble Inc (NASDAQ: BMBL) priced an offering of 18 million shares by certain selling stockholders affiliated with Blackstone Inc (NYSE: BX) at $54 per share to raise $972 ...
Blackstone Announces Three New Senior Leaders in Private Credit
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced three new senior leaders in Blackstone Credit, the firm's $163 billion credit business. Blackstone Credit is the fastest growing segment ...
Blackstone hires executives for fast-growing credit business
Blackstone Inc said it hired two Wall Street veterans as partners and promoted another executive to work in its Blackstone Credit unit as fresh demand from institutional and retail investors made it the...
Blackstone To Buy Garage Door Opener Specialist Chamberlain Group
Private equity firms have amassed sizable stakes in countless glamorous businesses, from casinos lining the Vegas strip to professional sports.
The Duchossois Group Agrees to Sell The Chamberlain Group LLC to Blackstone
OAK BROOK, Ill.--(BUSINESS WIRE)--The Chamberlain Group LLC (“Chamberlain Group” or “the Company”), a global leader in smart access solutions, today announced that its owner, The Duchossois Group, Inc. ...
Has Blackstone (BX) Outpaced Other Finance Stocks This Year?
Is (BX) Outperforming Other Finance Stocks This Year?
Blackstone Funds Complete Acquisition of QTS Realty Trust
NEW YORK and OVERLAND PARK, Kan., Aug. 31, 2021 /PRNewswire/ -- Blackstone (NYSE: BX) and QTS Realty Trust (NYSE: QTS) today announced that affiliates of Blackstone Infrastructure Partners, Blackstone R...
Blackstone Group (BX) Upgraded to Strong Buy: What Does It Mean for the Stock?
Blackstone Group (BX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Deca Dental Group Announces Strategic Investment From Blackstone Tactical Opportunities
DALLAS--(BUSINESS WIRE)--DECA Dental Group (“DECA” or the “Company”), a leading dental services organization, today announced a strategic investment from funds managed by Blackstone Tactical Opportuniti...
Liftoff and Vungle Merge: 2 Top-Ten Mobile Ad Networks Owned By Private Equity Fund Blackstone Combine Forces
By changing how mobile advertising works on iPhones and iPads in iOS 14.5, Apple kicked off a wave of mergers and acquisitions that has now led to two top-ten independent mobile ad networks combining fo...
Top 5 High-Yielding Stock Market Gainers YTD With More Upside
We have narrowed down our search to five large-cap stocks (market capital >$30 billion) that have popped more than 30% year to date. These are: AIG, MET, BX, COP and EOG.
Landmark Properties and Blackstone Real Estate Income Trust Announce a $784 Million Joint Venture to Recapitalize and...
ATHENS, Ga. and NEW YORK, Aug. 20, 2021 /PRNewswire/ -- Landmark Properties, a vertically integrated student housing developer and owner-operator, has entered into a joint-venture partnership with Black...