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Blackstone Group (BX)
NYSE:BX
Blackstone Group (BX) Stock Price & Analysis
4,802 Followers
BX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$78.03 - $133.56
Previous Close$118.4
Volume4.16M
Average Volume (3M)3.74M
Market Cap
$143.15B
Enterprise Value$166.70B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$12.29B
Price to Earnings (P/E)41.8
Beta1.88
Next Earnings
Jul 18, 2024EPS Estimate
$1.05Next Dividend Ex-Date
Apr 26, 2024Dividend Yield2.83%
Share Statistics
EPS (TTM)2.83
Shares Outstanding714,644,445
10 Day Avg. Volume3,818,433
30 Day Avg. Volume3,736,343
Standard Deviation0.11
R-Squared0.54
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)17.91
Price to Sales (P/S)-602.14
Price to Cash Flow (P/CF)23.60
P/FCF Ratio21.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-342.43
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda191.22
Forecast
1Y Price Target
$128.54Price Target Upside8.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Blackstone Group News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthAnalyst expects a 26% earnings compound annual growth rate through '26, highlighting strong potential for earnings growth.
Investment PipelineThe investment pipeline for Blackstone is building, with significant pending deals, suggesting a robust future for investment returns.
Market OutlookExpectations of lower interest rates and an improving economic backdrop provide a favorable environment for Blackstone's real estate and private equity businesses.
Bears Say
Asset ManagementAUM for BX’s large real estate vehicles fell significantly, signaling potential challenges in asset growth and management fee generation.
EarningsAnalyst concerns include a potential pivot to lower fee insurance/credit strategies, which could affect the company's revenue.
Financial PerformanceShares have underperformed, lagging behind both the broader market and alternative asset manager peers.
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Ownership Overview
12.86% Insiders
25.91% Mutual Funds
17.78% Other Institutional Investors
43.45% 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 $78.03 and its highest was $133.56 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 84 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 2.83%. 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 714,644,500 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 -2.33%.
Which hedge fund is a major shareholder of Blackstone Group?
Among the largest hedge funds holding Blackstone Group’s share is Lone Pine Capital LLC. It holds Blackstone Group’s shares valued at 291M.
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Blackstone Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$128.54 (8.56% Upside)
$128.54 (8.56% Upside)
Blogger Sentiment
Bullish
BX Sentiment 77%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 6.4%
Last 30 Days ▼ 6.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.28%
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.
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BX Company Deck
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BX Earnings Call
Q1 2024
0:00 / 0:00
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BX Stock 12 Months Forecast
Average Price Target
$128.54
▲(8.56% Upside)
Technical Analysis
Best Analysts Covering BX
1 Year
1 Year Success Rate
30/37 ratings generated profit
1 Year Average Return
+26.33%
assigned a buy rating 6 days ago
Copying Craig Siegenthaler's trades and holding each position for 1 Year would result in 81.08% of your transactions generating a profit, with an average return of +26.33% per trade.
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