BX logo

Blackstone (BX) Stock

Profile

Country:

United States

IPO:

22 June 2007

Indexes:

Description:

The Blackstone Group Inc. is an American investment company with a global presence. The headquarters are located in New York. It is one of the leading investment companies in the world. The real estate segment was founded in 1991 by Blackstone Real Estate Partners. The company invests in logistics, offices, rental housing, hotel business, and commercial real estate, as well as various real estate operation companies. The Private Equity segment was founded in 1987, catering to various clients including creating portfolios for pension funds. The Hedge Fund Solutions segment was founded in 1990 and is represented by Blackstone Alternative Asset Management (BAAM). The Credit and Insurance segment is represented by Blackstone Credit (BXC) and Blackstone Insurance Solutions (BIS).

Key Details

Price

$189.02

TTM Dividend Yield

1.83%(-40.97% YoY)

Annual Revenue

$7.01 B(-1.77% YoY)

Annual EPS

$1.84(-22.03% YoY)

PE Ratio

64.96(+44.23% YoY)

Beta

1.35

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Oct 17, 2024

Recent annual earnings:

Jan 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 28, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

11 Nov '24 Deutsche Bank
Buy
15 Aug '24 Deutsche Bank
Buy
23 July '24 Morgan Stanley
Overweight
19 July '24 TD Cowen
Hold
19 July '24 Piper Sandler
Overweight
19 July '24 Barclays
Equal-Weight
19 July '24 B of A Securities
Buy
10 July '24 Piper Sandler
Overweight
10 July '24 Barclays
Equal-Weight
24 Apr '24 Argus Research
Buy

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Dividend

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Efficiency

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Institutional Ownership

Blackstone Secured Lending: A 10%-Yielding BDC Gem
Blackstone Secured Lending: A 10%-Yielding BDC Gem
Blackstone Secured Lending: A 10%-Yielding BDC Gem
BX
seekingalpha.com27 November 2024

Blackstone Secured Lending is a leading BDC investment because it has strong dividend support, a high-quality portfolio, and a low rate of non-accruals. Its first lien strategy and strict lending standards help reduce the risk of loan losses, which keeps the portfolio stable and builds investor trust. Even with a 21% premium, BXSL's reliable dividend coverage and solid 10% yield make the higher price reasonable.

Blackstone Credit & Insurance Announces $1 Billion Infrastructure Loan Portfolio Purchase From Santander
Blackstone Credit & Insurance Announces $1 Billion Infrastructure Loan Portfolio Purchase From Santander
Blackstone Credit & Insurance Announces $1 Billion Infrastructure Loan Portfolio Purchase From Santander
BX
businesswire.com26 November 2024

NEW YORK--(BUSINESS WIRE)--Blackstone and Santander Corporate & Investment Banking have reached a deal where Blackstone Credit & Insurance (“BXCI”) will purchase shares in a $1 billion portfolio of top-quality infrastructure loans from Santander. This portfolio mainly includes loans for assets in Western Europe and the US, focusing on digital infrastructure, renewable energy, energy efficiency, and transportation. Robert H.

Blackstone Mortgage Trust Announces Pricing of Offering of Senior Secured Notes
Blackstone Mortgage Trust Announces Pricing of Offering of Senior Secured Notes
Blackstone Mortgage Trust Announces Pricing of Offering of Senior Secured Notes
BX
businesswire.com25 November 2024

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) has announced the pricing of a private sale of $450 million in senior secured notes with a 7.750% interest rate, due in 2029. The company plans to use the funds raised from this offering for general business needs, such as reducing current secured debt. The closing of the notes offering is anticipated to take place on December 10, 2024, pending standard closing conditions.

Blackstone Mortgage Trust Announces Offering of Senior Secured Notes
Blackstone Mortgage Trust Announces Offering of Senior Secured Notes
Blackstone Mortgage Trust Announces Offering of Senior Secured Notes
BX
businesswire.com25 November 2024

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) has announced the start of a private offering for $450 million in senior secured notes that will mature in 2029. The company plans to use the funds raised from this offering for various corporate needs, such as reducing current secured debt. This offering and its associated guarantees will take place in a private transaction.

Blackstone Secured Lending: 10% Yielding Buy For A Market Melt-Up
Blackstone Secured Lending: 10% Yielding Buy For A Market Melt-Up
Blackstone Secured Lending: 10% Yielding Buy For A Market Melt-Up
BX
seekingalpha.com22 November 2024

Blackstone Secured Lending provides a strong 9.8% dividend yield, appealing to investors looking for income in a competitive market. Its portfolio mainly consists of first-lien senior secured debt, which has a low non-accrual rate and benefits from Blackstone's strong network. The Q3 results indicate significant portfolio growth, solid dividend coverage, and an increase in NAV per share, backed by a cautious balance sheet and an improved investment-grade credit rating.

Wednesday's big stock stories: What's likely to move the market in the next trading session
Wednesday's big stock stories: What's likely to move the market in the next trading session
Wednesday's big stock stories: What's likely to move the market in the next trading session
BX
cnbc.com19 November 2024

On Tuesday, the S&P 500 and the Nasdaq Composite both rose, thanks to a boost from Nvidia's stock. Here are the key points CNBC is watching as we head into Wednesday.

Blackstone buys Jersey Mike's sandwich chain
Blackstone buys Jersey Mike's sandwich chain
Blackstone buys Jersey Mike's sandwich chain
BX
foxbusiness.com19 November 2024

The asset management company Blackstone is set to acquire a majority stake in the sandwich chain Jersey Mike's, with the deal valuing the company at around $8 billion.

Blackstone buys Jersey Mike's valuing sandwich chain at $8bn
Blackstone buys Jersey Mike's valuing sandwich chain at $8bn
Blackstone buys Jersey Mike's valuing sandwich chain at $8bn
BX
proactiveinvestors.com19 November 2024

Blackstone Inc (NYSE:BX) has purchased the sandwich chain Jersey Mike's in a deal that values the company at $8 billion. On Tuesday, the private equity firm revealed that it now holds a "majority ownership position" in Jersey Mike's.

Blackstone Secured Lending: A Growth BDC That Makes For A Good Long-Term Investment
Blackstone Secured Lending: A Growth BDC That Makes For A Good Long-Term Investment
Blackstone Secured Lending: A Growth BDC That Makes For A Good Long-Term Investment
BX
seekingalpha.com19 November 2024

Blackstone Secured Lending reported impressive growth in its latest earnings, with significant increases in net asset value and income, making it a good option for long-term investment. The company's high exposure to first-lien loans and low rates of non-accrual loans demonstrate its strong credit quality and effective management. With a dividend coverage of 118% and a favorable price-to-net asset value ratio of 1.16x, BXSL remains an appealing buy, even though it is trading at a premium.

3 High Yield October Dividend Payers: Blackstone, Ready Capital And Medical Property Trust
3 High Yield October Dividend Payers: Blackstone, Ready Capital And Medical Property Trust
3 High Yield October Dividend Payers: Blackstone, Ready Capital And Medical Property Trust
BX
seekingalpha.com13 November 2024

My investment portfolio, called Rose's Income Garden (RIG), is well-diversified with 84 investments in all 11 sectors, which helps it withstand market changes. Even though there were three dividend cuts in October, I still hold onto Medical Properties Trust, Blackstone Mortgage Trust, and Ready Capital because they offer high yields and the chance for recovery. While high-yield investments can be risky, they can also be very rewarding; my portfolio has increased in value by 15.54% this year and has a yield of 5.4%.

FAQ

  • What is the primary business of Blackstone?
  • What is the ticker symbol for Blackstone?
  • Does Blackstone pay dividends?
  • What sector is Blackstone in?
  • What industry is Blackstone in?
  • What country is Blackstone based in?
  • When did Blackstone go public?
  • Is Blackstone in the S&P 500?
  • Is Blackstone in the NASDAQ 100?
  • Is Blackstone in the Dow Jones?
  • When was Blackstone's last earnings report?
  • When does Blackstone report earnings?
  • Should I buy Blackstone stock now?

What is the primary business of Blackstone?

The Blackstone Group Inc. is an American investment company with a global presence. The headquarters are located in New York. It is one of the leading investment companies in the world. The real estate segment was founded in 1991 by Blackstone Real Estate Partners. The company invests in logistics, offices, rental housing, hotel business, and commercial real estate, as well as various real estate operation companies. The Private Equity segment was founded in 1987, catering to various clients including creating portfolios for pension funds. The Hedge Fund Solutions segment was founded in 1990 and is represented by Blackstone Alternative Asset Management (BAAM). The Credit and Insurance segment is represented by Blackstone Credit (BXC) and Blackstone Insurance Solutions (BIS).

What is the ticker symbol for Blackstone?

The ticker symbol for Blackstone is NYSE:BX

Does Blackstone pay dividends?

Yes, Blackstone pays dividends. The last payment was $0.86, with an ex-dividend date on 28 October 2024

What sector is Blackstone in?

Blackstone is in the Financial Services sector

What industry is Blackstone in?

Blackstone is in the Asset Management industry

What country is Blackstone based in?

Blackstone is headquartered in United States

When did Blackstone go public?

Blackstone's initial public offering (IPO) was on 22 June 2007

Is Blackstone in the S&P 500?

Yes, Blackstone is included in the S&P 500 index

Is Blackstone in the NASDAQ 100?

No, Blackstone is not included in the NASDAQ 100 index

Is Blackstone in the Dow Jones?

No, Blackstone is not included in the Dow Jones index

When was Blackstone's last earnings report?

Blackstone's most recent earnings report was on 17 October 2024

When does Blackstone report earnings?

The next expected earnings date for Blackstone is 24 January 2025

Should I buy Blackstone stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions