Blackstone
BX
Market cap $133B

175.69 USD

+3.50

2.03%

At close Dec 24, 4:00 PM EST

Pre-market

175.20

-0.49

0.28%

1 day

2.03%

5 days

-3.95%

1 month

-9.03%

3 months

11.51%

6 months

40.26%

Year to date

36.97%

1 year

33.74%

5 years

217.13%

10 years

416.58%

About: Blackstone is the world's largest alternative-asset manager with $1.108 trillion in total asset under management, including $820.5 billion in fee-earning assets under management, at the end of September 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 30% of base management fees), real estate (35% and 39%), credit and insurance (31% and 24%), and multi-asset investing (9% and 7%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Employees: 4,735

Financials Investment Advice

0

Funds holding %

of 6,809 funds

0

Analysts bullish %

of 14 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

55% more first-time investments, than exits

New positions opened: 203 | Existing positions closed: 131

21% more funds holding in top 10

Funds holding in top 10: 62 [Q2] → 75 (+13) [Q3]

19% more capital invested

Capital invested by funds: $64.6B [Q2] → $76.8B (+$12.2B) [Q3]

4% more funds holding

Funds holding: 1,833 [Q2] → 1,905 (+72) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 740 | Existing positions reduced: 687

2.73% less ownership

Funds ownership: 73.1% [Q2] → 70.37% (-2.73%) [Q3]

22% less call options, than puts

Call options by funds: $2.16B | Put options by funds: $2.77B

See Fund Rankings

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$146

17%

downside

Avg. target

$178

1%

upside

High target

$230

31%

upside

14 analyst ratings

5 positive

36%

9 neutral

64%

0 negative

0%

Piper Sandler Crispin Love 46% 1-year accuracy 13 / 28 met price target	2%upside $179	Neutral Maintained	23 Dec 2024
Keefe, Bruyette & Woods Michael Brown 68% 1-year accuracy 28 / 41 met price target	0%downside $175	Market Perform Maintained	20 Dec 2024
BMO Capital Etienne Ricard 67% 1-year accuracy 8 / 12 met price target	11%downside $157	Market Perform Maintained	19 Dec 2024
Wells Fargo Michael Brown 68% 1-year accuracy 28 / 41 met price target	11%upside $195	Equal-Weight Downgraded	12 Dec 2024
Barclays Benjamin Budish 68% 1-year accuracy 71 / 104 met price target	13%upside $199	Equal-Weight Maintained	9 Dec 2024

See Analyst Rankings

Financial journalist opinion

Based on 19 articles about BX published over the past 30 days

Zacks Investment Research

Blackstone Expects Profits From Exiting Deals to be Solid in Q4

BX's revenues from realization activities are in excess of $775 million between Oct. 1 and Dec. 23, 2024.

Blackstone Expects Profits From Exiting Deals to be Solid in Q4

2 Once-In-A-Decade REIT Investment Opportunities

REITs are still priced at a decade-low valuation. Some REITs have the potential to double your money in a few years. I present two such once-in-a-decade buying opportunities.

2 Once-In-A-Decade REIT Investment Opportunities

Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap

The Federal Reserve's announcement of fewer rate cuts has caused market panic, accelerating pullbacks in high-yield, high-growth stocks. However, I have found that high-yield, high-growth stocks are among the most rewarding investments. I share two high-yield, high-growth stocks that Mr. Market appears to be overlooking right now.

Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap

My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys

In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven by a strong earnings season and a dovish Fed, with BDCs like Goldman Sachs BDC and Blackstone Secured Lending Fund as key picks. November's dividend income hit a record $620, a 20% Y/Y growth, mainly due to ongoing investments into Hercules Capital.

My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys

10% Yields: 2 Well-Covered Big Dividends The Market Is Sleeping On

The market rarely offers 10%+ yielding common equities that have a low risk of facing a cut. However, once in a while it offers up compelling opportunities like this. I share two 10%+ yields that are well-covered, and the market appears to be sleeping on them.

10% Yields: 2 Well-Covered Big Dividends The Market Is Sleeping On

Blackstone Announces Acquisition of Tokyo Garden Terrace Kioicho, Japan's Largest Ever Real Estate Investment by a Foreign Investor

TOKYO--(BUSINESS WIRE)--Blackstone (NYSE: BX), the world's leading alternative investment firm, today announced that Real Estate funds managed by Blackstone (“Blackstone”) have entered into definitive agreements to acquire Tokyo Garden Terrace Kioicho, an acclaimed 2.4 million square feet of mixed-use asset, from affiliates of Seibu Holdings. At $2.6 billion (around JPY 400 billion), this marks the largest real estate investment by a foreign investor in Japan and the firm's largest investment t.

Blackstone Announces Acquisition of Tokyo Garden Terrace Kioicho, Japan's Largest Ever Real Estate Investment by a Foreign Investor

Blackstone Inc. (BX) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)

Blackstone Inc. (NYSE:BX ) Goldman Sachs 2024 U.S. Financial Services Conference December 11, 2024 12:20 PM ET Company Participants Jon Gray - President and COO Conference Call Participants Alexander Blostein - Goldman Sachs Alexander Blostein Okay. Well, good afternoon, everybody.

Blackstone Inc. (BX) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)

Zacks Investment Research

VIRT vs. BX: Which Stock Is the Better Value Option?

Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Virtu Financial (VIRT) or Blackstone Inc. (BX). But which of these two stocks offers value investors a better bang for their buck right now?

VIRT vs. BX: Which Stock Is the Better Value Option?

Blackstone sees private equity North America exit volumes doubling next year

Alternative asset manager Blackstone expects exit volumes in its North America private equity business to double in 2025, driven by expectations of increased IPOs, and M&As activity, as inflation eases and deal flow rebounds from a low base, a top executive told Reuters on Tuesday.

Blackstone sees private equity North America exit volumes doubling next year

CNBC Television

Call of the Day: Blackstone

The CNBC 'Halftime Report' Investment Committee discusses Blackstone and other financial names.

Call of the Day: Blackstone

See News Rankings

Charts implemented using Lightweight Charts™