Blackstone Group (BX) - Stock Price & Dividends

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

Real Estate, Private Equity, Hedge Funds, Credit, Debt, Equities

Blackstone Group Inc. is a leading alternative asset management firm that specializes in a diverse range of investment strategies, including real estate, private equity, hedge fund solutions, credit, and multi-asset class strategies.

The firm's real estate segment is a significant player in the industry, focusing on opportunistic and core+ investments, as well as debt investment opportunities collateralized by commercial real estate across North America, Europe, and Asia. This segment targets stabilized income-oriented commercial real estate, providing a steady stream of income for investors.

Blackstone's corporate private equity business is a global powerhouse, pursuing transactions worldwide across various transaction types, including large buyouts, special situations, distressed mortgage loans, mid-cap buyouts, and growth equity/development projects. The firm takes significant majority stakes in portfolio companies and makes minority investments in operating companies, covering a broad range of industries, including shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects.

The firm's investment scope is global, with a focus on Asia and Latin America. It invests between $0.25 million and $900 million per transaction, targeting companies with an enterprise value between $500 million and $5,000 million. Blackstone has a three-year investment period, providing a long-term perspective for its investments.

In addition to its private equity business, Blackstone's hedge fund business manages a broad range of commingled and customized fund solutions, catering to a diverse range of investor needs. The firm's credit business focuses on loans and securities of non-investment grade companies, covering senior debt, subordinated debt, preferred stock, and common equity across the capital structure.

Founded in 1985, Blackstone Group Inc. is headquartered in New York, New York, and has established itself as a leading alternative asset manager with a strong track record of investment performance. You can learn more about the firm at https://www.blackstone.com.

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

BX Stock Overview

Market Cap in USD 144,723m
Sector Financial Services
Industry Asset Management
GiC SubIndustry Asset Management & Custody Banks
TER 0.00%
IPO / Inception 2007-06-22

BX Stock Ratings

Growth 5y 69.8
Fundamental 33.2
Dividend 8.90
Rel. Performance vs Sector 1.17
Analysts 3.57/5
Fair Price Momentum 130.24 USD
Fair Price DCF 114.88 USD

BX Dividends

Yield 12m 2.71%
Yield on Cost 5y 9.09%
Dividends CAGR 5y 11.58%
Payout Consistency 89.7%

BX Growth Ratios

Growth 12m 45.71%
Growth Correlation 12m 54%
Growth Correlation 3m -27%
CAGR 5y 27.34%
CAGR/Mean DD 5y 1.67
Sharpe Ratio 12m 1.32
Alpha vs SP500 12m 5.07
Beta vs SP500 5y weekly 1.59
ValueRay RSI 58.55
Volatility GJR Garch 1y 31.63%
Price / SMA 50 1.8%
Price / SMA 200 6.46%
Current Volume 5209.8k
Average Volume 20d 2953.5k

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What is the price of BX stocks?
As of June 22, 2024, the stock is trading at USD 124.12 with a total of 5,209,800 shares traded.
Over the past week, the price has changed by +2.37%, over one month by -2.81%, over three months by -5.09% and over the past year by +43.60%.
What are the forecast for BX stock price target?
According to ValueRays Forecast Model, BX Blackstone Group will be worth about 146.5 in June 2025. The stock is currently trading at 124.12. This means that the stock has a potential upside of +18.05%.
Issuer Forecast Upside
Wallstreet Target Price 127 2.32
Analysts Target Price 107.7 -13.3
ValueRay Target Price 146.5 18.0

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.