The Blackstone Group (BX)
(Delayed Data from NYSE)
$158.12 USD
-1.54 (-0.96%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $158.13 +0.01 (0.01%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth F 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 June 30, 2024, the total AUM was $1.08 trillion, and the fee-earning AUM was $808.7 billion.
The company operates its businesses through four segments:
The Private Equity segment comprises the management of private equity funds, collectively called the Blackstone Capital Partners (BCP) funds, along with energy and communications-related investments. Also, ...
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 June 30, 2024, the total AUM was $1.08 trillion, and the fee-earning AUM was $808.7 billion.
The company operates its businesses through four segments:
The Private Equity segment comprises the 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 June 30, 2024, segmental AUM was $330.6 billion.
The Real Estate segment primarily comprises the 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 June 30, 2024, segmental AUM was $336.1 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 $79.5 billion as of June 30, 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 June 30, 2024, segmental AUM was $330.1 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: tucker@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 | 1.07 |
Current Year EPS Consensus Estimate | 4.57 |
Estimated Long-Term EPS Growth Rate | 25.60 |
Exp Earnings Date | 10/17/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 159.66 |
52 Week High | 161.25 |
52 Week Low | 88.59 |
Beta | 1.51 |
20 Day Moving Average | 3,197,383.50 |
Target Price Consensus | 136.68 |
4 Week | 13.53 |
12 Week | 27.72 |
YTD | 20.78 |
4 Week | 12.17 |
12 Week | 22.30 |
YTD | 1.02 |
Shares Outstanding (millions) | 720.08 |
Market Capitalization (millions) | 113,858.53 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 2.07% |
Annual Dividend | $3.28 |
Payout Ratio | 0.83 |
Change in Payout Ratio | -0.05 |
Last Dividend Payout / Amount | 7/29/2024 / $0.82 |
Fundamental Ratios
P/E (F1) | 34.57 |
Trailing 12 Months | 39.63 |
PEG Ratio | 1.35 |
vs. Previous Year | 3.23% |
vs. Previous Quarter | -2.04% |
vs. Previous Year | -0.65% |
vs. Previous Quarter | -24.17% |
Price/Book | 6.40 |
Price/Cash Flow | 37.14 |
Price / Sales | 11.04 |
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 | 0.77 |
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 | 24.70 |
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 |