Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Blackstone Group (BX)
NYSE:BX
Blackstone Group (BX) Stock Price & Analysis
4,848 Followers
BX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$78.61 - $132.66
Previous Close$125.67
Volume3.95M
Average Volume (3M)3.64M
Market Cap
$151.94B
Enterprise Value$175.16B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$11.69B
Price to Earnings (P/E)44.3
Beta1.93
Next Earnings
Jul 18, 2024EPS Estimate
$1.05Last Dividend Ex-Date
Apr 26, 2024Dividend Yield2.67%
Share Statistics
EPS (TTM)2.83
Shares Outstanding714,645,995
10 Day Avg. Volume3,527,074
30 Day Avg. Volume3,643,867
Standard Deviation0.11
R-Squared0.55
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)18.76
Price to Sales (P/S)-1575.11
Price to Cash Flow (P/CF)24.30
P/FCF Ratio23.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-322.07
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda397.09
Forecast
1Y Price Target
$130.83Price Target Upside4.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Blackstone Group News
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceQ1 EPS of $0.98 beat consensus estimates, reflecting better-than-expected financial performance and efficiency.
Growth PotentialAnalyst expects a 26% earnings compound annual growth rate through '26, indicating strong growth potential for the stock.
Investment StrategyBlackstone's significant funds raised and a trend of declining redemption requests show a solid growth trajectory for its private wealth platform.
Bears Say
EarningsAnalyst lowers EPS estimates due to lower fee rates and delayed performance fee re-acceleration.
FundraisingBlackstone's inflows fell short of both consensus estimates and projections, reflecting a slower fundraising quarter.
ValuationThe premium valuation of the stock leaves limited room for upside, maintaining a neutral rating.
---
Ownership Overview
12.86% Insiders
26.05% Mutual Funds
36.99% Other Institutional Investors
24.10% 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.
---
BX FAQ
What was Blackstone Group’s price range in the past 12 months?
Blackstone Group lowest stock price was $78.61 and its highest was $132.66 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 Jul 18, 2024 which is in 61 days.
How were Blackstone Group’s earnings last quarter?
Blackstone Group released its earnings results on Apr 18, 2024. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.966 by $0.014.
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 $0.83 which represents an annual dividend yield of 2.67%. See more information on Blackstone Group dividends here
What is Blackstone Group’s EPS estimate?
Blackstone Group’s EPS estimate is $1.05.
How many shares outstanding does Blackstone Group have?
Blackstone Group has 714,646,000 shares outstanding.
What happened to Blackstone Group’s price movement after its last earnings report?
Blackstone Group reported an EPS of $0.98 in its last earnings report, beating expectations of $0.966. Following the earnings report the stock price went down -2.329%.
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 276M.
---
Blackstone Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$130.83 (4.11% Upside)
$130.83 (4.11% Upside)
Blogger Sentiment
Bullish
BX Sentiment 76%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $334.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
54.79%
12-Months-Change
Fundamentals
Return on Equity
30.65%
Trailing 12-Months
Asset Growth
-3.36%
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.
---
BX Company Deck
---
BX Earnings Call
Q1 2024
0:00 / 0:00
---
BX Stock 12 Month Forecast
Average Price Target
$130.83
▲(4.11% Upside)
Technical Analysis
Best Analysts Covering BX
1 Year
1 Year Success Rate
32/37 ratings generated profit
1 Year Average Return
+27.28%
assigned a buy rating 30 days ago
Copying Craig Siegenthaler's trades and holding each position for 1 Year would result in 86.49% of your transactions generating a profit, with an average return of +27.28% per trade.
---