The Blackstone Group (BX)
(Real Time Quote from BATS)
$122.03 USD
-1.75 (-1.41%)
Updated Apr 25, 2024 12:43 PM ET
3-Hold of 5 3
D Value C Growth D Momentum D 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 Dec 31, 2023, total AUM was $1.04 trillion and fee-earning AUM was $762.61 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 Dec 31, 2023, total AUM was $1.04 trillion and fee-earning AUM was $762.61 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 Dec 31, 2023, segmental AUM was $304 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 Dec 31, 2023, segmental AUM was $336.9 billion.
The Hedge Fund Solutions 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 $80.3 billion as of Dec 31, 2023.
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 Dec 31, 2023, segmental AUM was $318.9 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 | 3/31/2024 |
Exp Earnings Date | 7/18/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.05 |
Current Year EPS Consensus Estimate | 4.77 |
Estimated Long-Term EPS Growth Rate | 25.30 |
Exp Earnings Date | 7/18/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 123.78 |
52 Week High | 133.56 |
52 Week Low | 79.92 |
Beta | 1.51 |
20 Day Moving Average | 3,136,755.75 |
Target Price Consensus | 125.69 |
4 Week | -5.43 |
12 Week | -0.54 |
YTD | -5.45 |
4 Week | -2.13 |
12 Week | -4.97 |
YTD | -11.08 |
Shares Outstanding (millions) | 714.64 |
Market Capitalization (millions) | 88,458.69 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 3.04% |
Annual Dividend | $3.76 |
Payout Ratio | 0.95 |
Change in Payout Ratio | 0.07 |
Last Dividend Payout / Amount | 2/2/2024 / $0.94 |
Fundamental Ratios
P/E (F1) | 25.93 |
Trailing 12 Months | 31.26 |
PEG Ratio | 1.03 |
vs. Previous Year | 1.03% |
vs. Previous Quarter | -11.71% |
vs. Previous Year | 166.88% |
vs. Previous Quarter | 186.99% |
Price/Book | 5.04 |
Price/Cash Flow | 29.08 |
Price / Sales | 8.56 |
3/31/24 | 17.33 |
12/31/23 | 17.30 |
9/30/23 | 16.76 |
3/31/24 | 7.37 |
12/31/23 | 7.24 |
9/30/23 | 7.03 |
3/31/24 | 0.79 |
12/31/23 | 0.80 |
9/30/23 | 0.84 |
3/31/24 | NA |
12/31/23 | 0.80 |
9/30/23 | 0.84 |
3/31/24 | 29.10 |
12/31/23 | 37.13 |
9/30/23 | 34.73 |
3/31/24 | 20.84 |
12/31/23 | 17.34 |
9/30/23 | 21.29 |
3/31/24 | 44.33 |
12/31/23 | 36.87 |
9/30/23 | 40.33 |
3/31/24 | 24.55 |
12/31/23 | 23.78 |
9/30/23 | 24.58 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | 0.61 |
12/31/23 | 0.67 |
9/30/23 | 0.69 |
3/31/24 | 39.96 |
12/31/23 | 42.49 |
9/30/23 | 43.53 |