Blackstone Group Stock Today

BX Stock  USD 158.12  1.54  0.96%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Blackstone is trading at 158.12 as of the 20th of September 2024; that is 0.96 percent decrease since the beginning of the trading day. The stock's open price was 159.66. Blackstone has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Note, on September 6, 2024, Representative John James of US Congress acquired $98547 worth of Blackstone Group's common stock.
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 720.08 M outstanding shares of which 16.96 M shares are currently sold short in the market by investors with about 5.31 days to cover all shorted shares. More on Blackstone Group

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Blackstone Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanStephen Schwarzman
Thematic Ideas
(View all Themes)
Old NameBIOX Corporation
Business ConcentrationAsset Management & Custody Banks, Financial Services, NYSE Composite, SP 500 Index, Power Assets, Trading, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.1907
Way Down
Slightly volatile
Gross Profit Margin0.70.9671
Way Down
Slightly volatile
Total Current Liabilities2.3 B2.4 B
Notably Down
Slightly volatile
Non Current Liabilities Total23.3 B22.2 B
Sufficiently Up
Slightly volatile
Total Assets27.8 B40.3 B
Way Down
Slightly volatile
Total Current Assets5.8 BB
Way Up
Very volatile
Debt Levels
Blackstone can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Blackstone's financial leverage. It provides some insight into what part of Blackstone's total assets is financed by creditors.
Liquidity
Blackstone Group reports 12.29 B of total liabilities with total debt to equity ratio (D/E) of 0.54, which is normal for its line of buisiness. Blackstone Group has a current ratio of 1.0, indicating that it is in a questionable position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Blackstone to invest in growth at high rates of return.

Free Cash Flow

4.02 Billion
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 189.23 B. Blackstone Group is active under Capital Markets sector as part of Financials industry. The entity has 720.08 M outstanding shares of which 16.96 M shares are currently sold short in the market by investors with about 5.31 days to cover all shorted shares. Blackstone Group reports about 4.25 B in cash with 4.06 B 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 holds a total of 720.08 Million outstanding shares. Over half of Blackstone's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that on September 6, 2024, Representative John James of US Congress acquired $98547 worth of Blackstone Group's common stock.
Check Blackstone Ownership Details

Blackstone Stock Institutional Holders

InstituionRecorded OnShares
Aristotle Capital Management Llc2024-06-30
7.5 M
Northern Trust Corp2024-06-30
6.4 M
Legal & General Group Plc2024-06-30
6.3 M
Norges Bank2024-06-30
5.9 M
Ubs Group Ag2024-06-30
5.8 M
Atlantic Trust Group, Llc2024-06-30
5.4 M
Brown Advisory Holdings Inc2024-06-30
5.3 M
Wells Fargo & Co2024-06-30
5.2 M
Goldman Sachs Group Inc2024-06-30
M
Vanguard Group Inc2024-06-30
65.1 M
Blackrock Inc2024-06-30
47.3 M
View Blackstone Diagnostics

Blackstone Historical Income Statement

At this time, Blackstone's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 437.2 M in 2024, whereas Total Revenue is likely to drop slightly above 5.4 B in 2024. View More Fundamentals

Blackstone Stock Against Markets

Blackstone Corporate Directors

Rochelle LazarusIndependent Director of the General PartnerProfile
James BreyerIndependent Director of the General PartnerProfile
Ruth PoratIndependent Director of the General PartnerProfile
Jonathan GrayGlobal Head of Real Estate, Director of Blackstone Group Management LLC and Member of Executive CommitteeProfile

Additional Tools for Blackstone Stock Analysis

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.