Blackstone Group Stock Today

BX Stock  USD 126.32  0.43  0.34%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
Blackstone is trading at 126.32 as of the 28th of February 2024; that is -0.34 percent decrease since the beginning of the trading day. The stock's open price was 126.75. Blackstone has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Blackstone Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of January 2024 and ending today, the 28th of February 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
22nd of June 2007
Classification
Financials
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America. The company has 714.64 M outstanding shares of which 24.18 M shares are currently sold short in the market by investors with about 6.53 days to cover all shorted shares. More on Blackstone Group

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Blackstone Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Blackstone's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackstone or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Blackstone's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Blackstone's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanStephen Schwarzman
Thematic Ideas
(View all Themes)
SEC FilingsBlackstone Security & Exchange Commission EDGAR Reports
Old NameBIOX Corporation
Business ConcentrationAsset Management & Custody Banks, Financial Services, NYSE Composite, SP 500 Index, Trading, Power Assets, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Blackstone report their recommendations after researching Blackstone's financial statements, talking to executives and customers, or listening in on Blackstone's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Blackstone Group. The Blackstone consensus assessment is calculated by taking the average forecast from all of the analysts covering Blackstone.
Financial Strength
Based on the measurements of operating efficiency obtained from Blackstone's historical financial statements, Blackstone Group is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. Financial strength of Blackstone Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted744 M755.4 M
Fairly Down
Pretty Stable
Weighted Shares787.6 M755.2 M
Sufficiently Up
Slightly volatile
Return on Assets0.04990.034
Way Up
Pretty Stable
Net Cash Flow from Operations3.4 B4.1 B
Fairly Down
Pretty Stable
Total Liabilities21.3 B22.2 B
Sufficiently Down
Slightly volatile
Gross Margin0.640.587
Significantly Up
Slightly volatile
Total Debt12.4 B12.3 B
Fairly Up
Pretty Stable
Asset Turnover0.260.195
Significantly Up
Pretty Stable
Total Assets40 B40.3 B
Slightly Down
Slightly volatile
Blackstone Group (BX) is traded on New York Stock Exchange in USA. It is located in 345 Park Avenue, New York, NY, United States, 10154 and employs 4,735 people. Blackstone is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 152.8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Blackstone's market, we take the total number of its shares issued and multiply it by Blackstone's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Blackstone Group is active under Capital Markets sector as part of Financials industry. The entity has 714.64 M outstanding shares of which 24.18 M shares are currently sold short in the market by investors with about 6.53 days to cover all shorted shares. Blackstone Group reports about 4.25 B in cash with 188.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.32.
Check Blackstone Probability Of Bankruptcy
Ownership Allocation
Blackstone Group retains a total of 714.64 Million outstanding shares. The majority of Blackstone Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Blackstone Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Blackstone. Please pay attention to any change in the institutional holdings of Blackstone Group as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Blackstone Ownership Details

Blackstone Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Blackstone jumping above the current price in 90 days from now is about 24.45%. The Blackstone Group probability density function shows the probability of Blackstone stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.925 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Blackstone will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Blackstone Group is significantly underperforming NYSE Composite.
  Odds Below 126.32HorizonTargetOdds Above 126.32
75.38%90 days
 126.32 
24.45%
Based on a normal probability distribution, the odds of Blackstone to move above the current price in 90 days from now is about 24.45 (This Blackstone Group probability density function shows the probability of Blackstone Stock to fall within a particular range of prices over 90 days) .

Blackstone Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Blackstone that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Blackstone's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Blackstone's value.
InstituionRecorded OnShares
Royal Bank Of Canada2023-09-30
10.1 M
Aristotle Capital Management Llc2023-09-30
9.2 M
Northern Trust Corp2023-09-30
6.9 M
Brown Advisory Holdings Inc2023-12-31
6.4 M
Atlantic Trust Group, Llc2023-09-30
5.9 M
Norges Bank2023-12-31
5.4 M
Legal & General Group Plc2023-09-30
5.2 M
Wells Fargo & Co2023-09-30
5.1 M
Ubs Group Ag2023-09-30
4.9 M
Vanguard Group Inc2023-09-30
62.1 M
Blackrock Inc2023-09-30
45.9 M
View Blackstone Diagnostics

Blackstone Historical Income Statement

Blackstone Group Income Statement is one of the three primary financial statements used for reporting Blackstone's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Blackstone Group revenue and expense. Blackstone Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Blackstone's Consolidated Income is fairly stable as compared to the past year. Cost of Revenue is likely to rise to about 3.7 B in 2024, whereas Interest Expense is likely to drop slightly above 343.2 M in 2024. View More Fundamentals

Blackstone Stock Against Markets

Picking the right benchmark for Blackstone stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Blackstone stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Blackstone is critical whether you are bullish or bearish towards Blackstone Group at a given time. Please also check how Blackstone's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Blackstone without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Blackstone Corporate Directors

Blackstone corporate directors refer to members of a Blackstone board of directors. The board of directors generally takes responsibility for the Blackstone's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Blackstone's board members must vote for the resolution. The Blackstone board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Rochelle LazarusIndependent Director of the General PartnerProfile
James BreyerIndependent Director of the General PartnerProfile
Peter GrauerDirector of the General PartnerProfile
Jonathan GrayGlobal Head of Real Estate, Director of Blackstone Group Management LLC and Member of Executive CommitteeProfile

How to buy Blackstone Stock?

Before investing in Blackstone, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Blackstone. To buy Blackstone stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Blackstone. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Blackstone stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Blackstone Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Blackstone Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Blackstone Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Blackstone Stock please use our How to Invest in Blackstone guide.

Already Invested in Blackstone Group?

The danger of trading Blackstone Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Blackstone is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Blackstone. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blackstone Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Blackstone Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blackstone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackstone Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackstone Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
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When running Blackstone's price analysis, check to measure Blackstone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackstone is operating at the current time. Most of Blackstone's value examination focuses on studying past and present price action to predict the probability of Blackstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstone's price. Additionally, you may evaluate how the addition of Blackstone to your portfolios can decrease your overall portfolio volatility.
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Is Blackstone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackstone. If investors know Blackstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackstone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Dividend Share
3.35
Earnings Share
1.84
Revenue Per Share
10.175
Quarterly Revenue Growth
(0.30)
The market value of Blackstone Group is measured differently than its book value, which is the value of Blackstone that is recorded on the company's balance sheet. Investors also form their own opinion of Blackstone's value that differs from its market value or its book value, called intrinsic value, which is Blackstone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackstone's market value can be influenced by many factors that don't directly affect Blackstone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.