The Blackstone Group (BX)
(Delayed Data from NYSE)
$141.18 USD
+2.59 (1.87%)
Updated Jul 22, 2024 04:00 PM ET
After-Market: $140.92 -0.26 (-0.18%) 4:40 PM ET
3-Hold of 5 3
F Value F Growth D Momentum F VGM
Company Summary
Headquartered in New York, Blackstone Inc. is an asset manager of alternative investments and a provider of financial advisory services globally. Effective Sep 18, 2023, the company joined the S&P 500 index, becoming the first major alternative asset manager to be part of the index. As of Mar 31, 2024, total AUM was $1.06 trillion and fee-earning AUM was $781.4 billion.
The company operates its businesses through four segments:
The Private Equity segment comprises management of private equity funds, collectively called the Blackstone Capital Partners (BCP) funds, along with energy and communications-related investments. Also, the segment includes ...
Company Summary
Headquartered in New York, Blackstone Inc. is an asset manager of alternative investments and a provider of financial advisory services globally. Effective Sep 18, 2023, the company joined the S&P 500 index, becoming the first major alternative asset manager to be part of the index. As of Mar 31, 2024, total AUM was $1.06 trillion and fee-earning AUM was $781.4 billion.
The company operates its businesses through four segments:
The Private Equity segment comprises management of private equity funds, collectively called the Blackstone Capital Partners (BCP) funds, along with energy and communications-related investments. Also, the segment includes Tactical Opportunities business, Strategic Partners Fund Solutions and Blackstone Total Alternatives Solution. As of Mar 31, 2024, segmental AUM was $310 billion.
The Real Estate segment primarily comprises management of real estate funds called the Blackstone Real Estate Partners (BREP) funds. In addition, the segment has two other funds – Blackstone Real Estate Debt Strategies (BREDS) funds and Blackstone Property Partners (BPP) funds. As of Mar 31, 2024, segmental AUM was $339.3 billion.
The Multi-Asset Investing (BXMA) segment consists of Blackstone Alternative Asset Management (BAAM), an institutional solutions provider utilizing hedge funds across a variety of strategies. The segment’s AUM was $82.3 billion as of Mar 31, 2024.
The Credit & Insurance segment includes senior credit-focused funds, distressed debt funds, mezzanine funds and general credit-focused funds concentrated in the leveraged finance marketplace. All these are managed by Blackstone’s subsidiary. As of Mar 31, 2024, segmental AUM was $329.6 billion.
In 2017, Blackstone acquired Aon's Technology-enabled HR Business and Harvest Fund Advisors LLC. In 2018, Blackstone, along with Canada Pension Plan Investment Board and GIC, acquired a majority stake in Thomson Reuters’ Financial & Risk business, and Clarus. In 2020, the company acquired DCI.
General Information
Blackstone Inc
345 Park Avenue
New York, NY 10154
Phone: 212-583-5000
Fax: 212-583-5749
Web: http://www.blackstone.com
Email: blackstoneshareholderrelations@blackstone.com
Industry | Financial - Miscellaneous Services |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/17/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.08 |
Current Year EPS Consensus Estimate | 4.62 |
Estimated Long-Term EPS Growth Rate | 25.00 |
Exp Earnings Date | 10/17/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 138.59 |
52 Week High | 142.04 |
52 Week Low | 88.59 |
Beta | 1.50 |
20 Day Moving Average | 3,366,202.75 |
Target Price Consensus | 126.35 |
4 Week | 11.66 |
12 Week | 13.14 |
YTD | 5.86 |
4 Week | 10.84 |
12 Week | 4.82 |
YTD | -8.28 |
Shares Outstanding (millions) | 714.65 |
Market Capitalization (millions) | 99,042.79 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 2.40% |
Annual Dividend | $3.32 |
Payout Ratio | 0.83 |
Change in Payout Ratio | -0.05 |
Last Dividend Payout / Amount | 4/26/2024 / $0.83 |
Fundamental Ratios
P/E (F1) | 30.03 |
Trailing 12 Months | 34.73 |
PEG Ratio | 1.20 |
vs. Previous Year | 3.23% |
vs. Previous Quarter | -2.04% |
vs. Previous Year | -0.65% |
vs. Previous Quarter | -24.17% |
Price/Book | 5.57 |
Price/Cash Flow | 32.56 |
Price / Sales | 9.61 |
6/30/24 | 17.43 |
3/31/24 | 17.33 |
12/31/23 | 17.30 |
6/30/24 | 7.49 |
3/31/24 | 7.37 |
12/31/23 | 7.24 |
6/30/24 | 0.77 |
3/31/24 | 0.79 |
12/31/23 | 0.80 |
6/30/24 | NA |
3/31/24 | 0.79 |
12/31/23 | 0.80 |
6/30/24 | 29.45 |
3/31/24 | 29.10 |
12/31/23 | 37.13 |
6/30/24 | 19.35 |
3/31/24 | 20.84 |
12/31/23 | 17.34 |
6/30/24 | 42.29 |
3/31/24 | 44.33 |
12/31/23 | 36.87 |
6/30/24 | 24.89 |
3/31/24 | 24.55 |
12/31/23 | 23.78 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.60 |
3/31/24 | 0.61 |
12/31/23 | 0.67 |
6/30/24 | 39.43 |
3/31/24 | 39.96 |
12/31/23 | 42.49 |