Blackstone Group (BX) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US09260D1072

Blackstone Group Inc. is a diversified alternative asset management firm listed on the New York Stock Exchange under ticker symbol BX. The company specializes in a wide array of investment strategies across various asset classes such as real estate, private equity, hedge funds, credit, secondary funds, public debt, and equity.

With a focus on early-stage companies, Blackstone also provides capital markets services to support businesses in their growth and development. Its real estate segment targets opportunistic investments, core+ opportunities, and debt investments secured by commercial real estate in North America, Europe, and Asia.

The firm's corporate private equity division engages in transactions globally, including large buyouts, distressed mortgage loans, buy and build platforms, growth equity projects, and minority investments across a diverse range of industries such as real estate, shipping, infrastructure, and consumer technologies.

Blackstone's investment scope extends to Asia and Latin America, offering a three-year investment horizon to capitalize on emerging markets. The hedge fund business manages a comprehensive range of fund solutions, while the credit division focuses on lending to non-investment grade companies in various debt instruments.

Founded in 1985 and headquartered in New York City, Blackstone operates additional offices in key financial hubs across Asia, Europe, North America, and Central America. To learn more about Blackstone Group, visit their website at https://www.blackstone.com.

AI improved, may contain errors or wrong assumptions

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Blackstone Group (BX) - Stock Price & Dividends

BX Stock Overview

Market Cap in USD 153,253m
Sector Financial Services
Industry Asset Management
GiC SubIndustry Asset Management & Custody Banks
TER 0.00%
IPO / Inception 2007-06-22

BX Stock Ratings

Fundamental -1.12
Dividend 9.02
Growth 5y 8.37
Rel. Performance vs Sector 2.28
Analysts 3.73
Fair Price Total Ret. 139.43
Fair Price DCF 95.83

BX Dividends

Yield 12m 2.65%
Yield on Cost 5y 11.97%
Dividends CAGR 5y 11.58%
Payout Consistency 89.7%

BX Growth Ratios

Growth 12m 45.48%
Growth Correlation 12m 72%
Growth Correlation 3m 34%
CAGR 5y 35.12%
CAGR / Mean Drawdown 2.20
Sharpe Ratio 12m 1.21
Alpha vs SP500 12m 0.53
Beta vs SP500 5y weekly 1.59
CAPM 9.65%
Average Daily Range 2m 2.23%
Regime Oscillator 45.90
Volatility GJR Garch 1y 33.08%
Price / SMA 50 1.44%
Price / SMA 200 20.14%
Current Volume 1986.7k
Average Volume 20d 3405k

External Links for BX Stock

News
Wall Street JournalBenzingaYahoo Finance
Tweets
X (Twitter)Stocktwits
Fund Manager Positions
DataromaStockcircle
What is the price of BX stocks?
As of February 29, 2024, the stock is trading at USD 126.32 with a total of 1,986,669 shares traded.
Over the past week, the price has changed by +0.10%, over one month by -0.43%, over three months by +18.25% and over the past year by +45.24%.
Why is BX stock down?
Check with which Index or Commodity BX has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return BX Return S&P 500
1 Month -0.43% 3.05%
3 Months 18.25% 11.73%
12 Months 45.24% 29.22%
What is the forecast for BX stock price target?
According to ValueRays Forecast Model, BX Blackstone Group will be worth about 156.8 in February 2025. The stock is currently trading at 126.32. This means that the stock has a potential upside of +24.14%.
Issuer Forecast Upside
Wallstreet Target Price 128.3 1.6%
Analysts Target Price 107.7 -14.8%
ValueRay Target Price 156.8 24.1%

The Blackstone Group Inc: A Journey Through Time

Blackstone Group Inc., commonly known as Blackstone, started its journey in 1985. Founded by Stephen A. Schwarzman and Peter G. Peterson, the firm initially focused on mergers and acquisitions. Through hard work and strategic decisions, Blackstone has evolved into a leading global investment firm, offering a wide range of financial solutions to its clients.

The Core of Blackstone

At its heart, Blackstone focuses on alternative asset management. It's well-known for its investments in private equity but its portfolio is diverse. The firm invests across real estate, private equity, hedge fund solutions, and credit. This multi-asset strategy aims to deliver strong returns for its investors, navigating through different economic cycles.

Expanding Beyond the Core

Blackstone hasn't just stopped at asset management. Its entrepreneurial spirit has led it to venture into advisory services, including financial advisory, restructuring, and reorganization, and fund management services for its assets. This expansion enriches its ecosystem, providing comprehensive solutions that go beyond investment management.

Current Market Status

As of now, Blackstone stands as a powerhouse in the investment world. It is listed on the New York Stock Exchange (NYSE) under the ticker symbol BX. Despite the volatile market conditions that challenge the investment industry, Blackstone has shown resilience and adaptability. Its innovative investment strategies and the breadth of its portfolio have kept it at the forefront of the investment sector, making it a key player to watch in the coming years.