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Blackstone Group (BX)
NYSE:BX
Holding BX?
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BX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$114.88 - $200.96
Previous Close$170.84
Volume10.92M
Average Volume (3M)3.35M
Market Cap
$207.21B
Enterprise Value$231.56B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$11.89B
Price to Earnings (P/E)58.7
Beta1.78
Next Earnings
Jan 23, 2025EPS Estimate
$1.43Last Dividend Ex-Date
Oct 28, 2024Dividend Yield2.02%
Share Statistics
EPS (TTM)2.91
Shares Outstanding722,002,699
10 Day Avg. Volume8,622,419
30 Day Avg. Volume3,350,784
Standard Deviation0.11
R-Squared0.53
Alpha0.01
Financial Highlights & Ratios
PEG Ratio2.68
Price to Book (P/B)17.59
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)25.20
P/FCF Ratio24.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-194.51
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$178.53Price Target Upside4.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Blackstone Group News
Bulls Say, Bears Say
Bulls Say
DividendsBX's dividend exceeded general expectations, reflecting positively on shareholder returns.
EarningsBlackstone reported stronger-than-expected 3Q24 financial results with fundraising, deployments, and realizations all exceeding estimates.
Investment ActivityInvestment activity is accelerating and ~$170b of dry powder yields significant purchasing power to navigate and invest through attractive opportunities.
Bears Say
Earnings WarningBX’s realization update is a near-term earnings warning.
Forecast ShortfallThe $300MM+ is well below the current full-quarter consensus forecast of ~$700MM.
Revenue QualityManagement fees fell short of expectations, impacting overall revenue quality.
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Ownership Overview
0.86% Insiders
23.39% Mutual Funds
19.46% Other Institutional Investors
38.49% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BX FAQ
What was Blackstone Group’s price range in the past 12 months?
Blackstone Group lowest stock price was $114.88 and its highest was $200.96 in the past 12 months.
What is Blackstone Group’s market cap?
Currently, no data Available
When is Blackstone Group’s upcoming earnings report date?
Blackstone Group’s upcoming earnings report date is Jan 23, 2025 which is in 32 days.
How were Blackstone Group’s earnings last quarter?
Blackstone Group released its earnings results on Oct 17, 2024. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.908 by $0.102.
Is Blackstone Group overvalued?
According to Wall Street analysts Blackstone Group’s price is currently Undervalued.
Does Blackstone Group pay dividends?
Blackstone Group pays a Quarterly dividend of $0.86 which represents an annual dividend yield of 2.02%. See more information on Blackstone Group dividends here
What is Blackstone Group’s EPS estimate?
Blackstone Group’s EPS estimate is $1.43.
How many shares outstanding does Blackstone Group have?
Blackstone Group has 722,002,700 shares outstanding.
What happened to Blackstone Group’s price movement after its last earnings report?
Blackstone Group reported an EPS of $1.01 in its last earnings report, beating expectations of $0.908. Following the earnings report the stock price went up 6.275%.
Which hedge fund is a major shareholder of Blackstone Group?
Among the largest hedge funds holding Blackstone Group’s share is Cryder Capital. It holds Blackstone Group’s shares valued at 221M.
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Blackstone Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$178.53 (4.50% Upside)
$178.53 (4.50% Upside)
Blogger Sentiment
Bullish
BX Sentiment 85%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 174.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.94%
12-Months-Change
Fundamentals
Return on Equity
31.46%
Trailing 12-Months
Asset Growth
2.19%
Trailing 12-Months
Company Description
Blackstone Group
Founded in 1985 and headquartered in New York, The Blackstone Group is one of the world's leading investment companies. It operates through the following segments: Private Equity, Real Estate, Hedge Fund Solutions, and Credit & Insurance.
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BX Company Deck
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BX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted Blackstone's strong deployment and investment activities, significant growth in private wealth, and strategic expansions in data centers. However, challenges remain with limited realization activity, underperformance in secondaries, and increased operating expenses. Overall, the positive developments in deployment and growth outweigh the setbacks.Read More>---
BX Stock 12 Month Forecast
Average Price Target
$178.53
▲(4.50% Upside)
Technical Analysis
Best Analysts Covering BX
1 Year
1 Year Success Rate
33/38 ratings generated profit
1 Year Average Return
+39.51%
reiterated a buy rating 2 months ago
Copying Michael Cyprys's trades and holding each position for 1 Year would result in 86.84% of your transactions generating a profit, with an average return of +39.51% per trade.
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