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The Blackstone Group Inc. (BX)

NYSE: BX · Delayed Price · USD
125.10 -1.99 (-1.57%)
Sep 24, 2021 4:00 PM EDT - Market closed
Market Cap89.49B
Revenue (ttm)17.25B
Net Income (ttm)4.60B
Shares Out685.95M
EPS (ttm)6.42
PE Ratio19.48
Forward PE31.25
Dividend$3.02 (2.41%)
Ex-Dividend DateJul 30, 2021
Volume3,115,869
Open125.14
Previous Close127.09
Day's Range123.66 - 127.09
52-Week Range47.54 - 136.89
Beta1.35
AnalystsBuy
Price Target118.95 (-4.9%)
Est. Earnings DateOct 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, ...

IndustryCapital Markets
IPO DateJun 22, 2007
Employees3,165
Stock ExchangeNYSE
Ticker SymbolBX
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 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.

Price Target
$118.95
(-4.92% downside)
Analyst Consensus: Buy

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.

2 days ago - Zacks Investment Research

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.

4 days ago - Zacks Investment Research

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...

6 days ago - Business Wire

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...

1 week ago - Business Wire

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.

1 week ago - Zacks Investment Research

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...

1 week ago - GlobeNewsWire

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...

1 week ago - Invezz

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.

1 week ago - Zacks Investment Research

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

2 weeks ago - Forbes

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.

2 weeks ago - Bloomberg Markets and Finance

Soho China Billionaire Couple Lose Suitor As $3 Bln Acquisition Talks With Blackstone End

Move comes amid changing political currents in Beijing

2 weeks ago - Forbes

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...

Other symbols:AAPLBACIEPKOKRNVORH
2 weeks ago - InvestorPlace

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.

2 weeks ago - CNN Business

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 ...

Other symbols:BMBL
2 weeks ago - Benzinga

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 ...

2 weeks ago - Business Wire

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...

2 weeks ago - Reuters

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.

2 weeks ago - The Motley Fool

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. ...

2 weeks ago - Business Wire

Has Blackstone (BX) Outpaced Other Finance Stocks This Year?

Is (BX) Outperforming Other Finance Stocks This Year?

2 weeks ago - Zacks Investment Research

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...

3 weeks ago - PRNewsWire

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).

4 weeks ago - Zacks Investment Research

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...

1 month ago - Business Wire

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...

1 month ago - Forbes

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.

Other symbols:AIGBNTXCOPEOGMETPFE
1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire