Blackstone Inc. (BX)
- Previous Close
127.71 - Open
128.00 - Bid --
- Ask --
- Day's Range
125.65 - 128.37 - 52 Week Range
81.94 - 133.56 - Volume
2,531,500 - Avg. Volume
3,646,069 - Market Cap (intraday)
153.162B - Beta (5Y Monthly) 1.50
- PE Ratio (TTM)
44.61 - EPS (TTM)
2.84 - Earnings Date Jul 18, 2024 - Jul 22, 2024
- Forward Dividend & Yield 3.36 (2.65%)
- Ex-Dividend Date Apr 26, 2024
- 1y Target Est
127.27
Blackstone 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, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, 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 majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, infrastructure, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It seeks to invest between $0.25 million and $900 million per transaction. It invests in companies with enterprise value between $500 million and $5000 million. It has a three year investment period. 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. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe, North America and Central America.
www.blackstone.com4,735
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: BX
Performance Overview: BX
Trailing total returns as of 5/22/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: BX
Valuation Measures
Market Cap
95.21B
Enterprise Value
--
Trailing P/E
44.61
Forward P/E
26.32
PEG Ratio (5yr expected)
1.92
Price/Sales (ttm)
10.98
Price/Book (mrq)
13.69
Enterprise Value/Revenue
12.21
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
21.68%
Return on Assets (ttm)
9.48%
Return on Equity (ttm)
20.59%
Revenue (ttm)
9.93B
Net Income Avi to Common (ttm)
2.15B
Diluted EPS (ttm)
2.84
Balance Sheet and Cash Flow
Total Cash (mrq)
2.67B
Total Debt/Equity (mrq)
67.30%
Levered Free Cash Flow (ttm)
--
Research Analysis: BX
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Research Reports: BX
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Raising target price following 1Q results
Blackstone Group is one of the world's leading managers of alternative assets, including private equity, real estate, hedge funds, credit-oriented funds, and closed-end mutual funds. In recent years, Blackstone has rapidly grown its fee-earning assets under management, and its assets are relatively well balanced among private equity, real estate, hedge funds, and credit. The company converted from a publicly traded partnership to a corporation on July 1, 2019.
RatingPrice Target