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The Blackstone Group Inc. (BX)

Stock Price: $59.11 USD 0.46 (0.78%)
Updated November 23, 4:00 PM EST - Market closed
After-hours: $59.33 +0.22 (0.37%) Nov 23, 7:54 PM

Stock Price Chart

Key Info

Market Cap 39.84B
Revenue (ttm) 4.56B
Net Income (ttm) 779.64M
Shares Out 674.01M
EPS (ttm) 1.13
PE Ratio 52.31
Forward PE 20.37
Dividend $1.91
Dividend Yield 3.23%

Stock Quote

Trading Day November 23
Last Price $59.11
Previous Close $58.65
Change ($) 0.46
Change (%) 0.78%
Day's Open 58.86
Day's Range 58.58 - 59.48
Day's Volume 3,302,890
52-Week Range 33.00 - 64.97

More Stats

Market Cap 39.84B
Enterprise Value 43.45B
Earnings Date (est) Feb 4, 2021
Ex-Dividend Date Nov 6, 2020
Shares Outstanding 674.01M
Float 669.44M
EPS (basic) 1.08
EPS (diluted) 1.13
FCF / Share 3.05
Dividend $1.91
Dividend Yield 3.23%
Earnings Yield 1.91%
FCF Yield 5.36%
Payout Ratio 172.20%
Shares Short 9.49M
Short Ratio 3.69
Short % of Float 1.42%
Beta 1.29
PE Ratio 52.31
Forward PE 20.37
P/FCF Ratio 18.67
PS Ratio 8.73
PB Ratio 6.59
Revenue 4.56B
Operating Income 1.76B
Net Income 779.64M
Free Cash Flow 2.13B
Net Cash -3.61B
Net Cash / Share -5.36
Gross Margin 128.62%
Operating Margin 38.65%
Profit Margin 17.10%
FCF Margin 46.75%
ROA 4.97%
ROE 10.14%
ROIC 3.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (18)

Buy 14
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$62.40*
(5.57% upside)
Low
51.0
Current: $59.11
High
68.0
Target: 62.40
*Average 12-month price target from 15 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 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.