Blackstone Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $112.48
- Today's High:
- $114.2396
- Open Price:
- $113.42
- 52W Low:
- $70.3988
- 52W High:
- $114.0572
- Prev. Close:
- $113.5
- Volume:
- 5179322
Company Statistics
- Market Cap.:
- $104.43 billion
- Book Value:
- 9.948
- Revenue TTM:
- $4.26 billion
- Operating Margin TTM:
- 15.3%
- Gross Profit TTM:
- $7.05 billion
- Profit Margin:
- 14.46%
- Return on Assets TTM:
- 1.66%
- Return on Equity TTM:
- 3.43%
Company Profile
Blackstone Group Inc had its IPO on 2007-06-22 under the ticker symbol BX.
The company operates in the Financial Services sector and Asset Management industry. Blackstone Group Inc has a staff strength of 4,695 employees.
Stock update
Shares of Blackstone Group Inc opened at $113.42 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $112.48 - $114.24, and closed at $112.54.
This is a -0.85% slip from the previous day's closing price.
A total volume of 5,179,322 shares were traded at the close of the day’s session.
In the last one week, shares of Blackstone Group Inc have increased by +7.7%.
Blackstone Group Inc's Key Ratios
Blackstone Group Inc has a market cap of $104.43 billion, indicating a price to book ratio of 7.8026 and a price to sales ratio of 7.5583.
In the last 12-months Blackstone Group Inc’s revenue was $4.26 billion with a gross profit of $7.05 billion and an EBITDA of $0. The EBITDA ratio measures Blackstone Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Blackstone Group Inc’s operating margin was 15.3% while its return on assets stood at 1.66% with a return of equity of 3.43%.
In Q1, Blackstone Group Inc’s quarterly earnings growth was a negative -93.4% while revenue growth was a negative 74.2%.
Blackstone Group Inc’s PE and PEG Ratio
- Forward PE
- 14.5138
- Trailing PE
- 107.3025
- PEG
- 1.2672
Its diluted EPS in the last 12-months stands at $0.81 per share while it has a forward price to earnings multiple of 14.5138 and a PEG multiple of 1.2672. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Blackstone Group Inc’s profitability.
Blackstone Group Inc stock is trading at a EV to sales ratio of 6.328 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 7.5583.
Blackstone Group Inc stock pays annual dividends of $3.9 per share, indicating a yield of 4.56% and a payout ratio of 84.97%.
Balance sheet and cash flow metrics
- Total Assets
- $41.09 billion
- Total Liabilities
- $1.05 billion
- Operating Cash Flow
- $-74970000.00
- Capital Expenditure
- $69.56 million
- Dividend Payout Ratio
- 84.97%
Blackstone Group Inc ended 2024 with $41.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $41.09 billion while shareholder equity stood at $7.09 billion.
Blackstone Group Inc ended 2024 with $0 in deferred long-term liabilities, $1.05 billion in other current liabilities, 7000.00 in common stock, $1.16 billion in retained earnings and $1.89 billion in goodwill. Its cash balance stood at $2.83 billion and cash and short-term investments were $33.94 billion. The company’s total short-term debt was $23,444,000 while long-term debt stood at $12.31 billion.
Blackstone Group Inc’s total current assets stands at $34.45 billion while long-term investments were $26.99 billion and short-term investments were $30.07 billion. Its net receivables were $5.02 billion compared to accounts payable of $1.58 billion and inventory worth $0.
In 2024, Blackstone Group Inc's operating cash flow was $-74970000.00 while its capital expenditure stood at $69.56 million.
Comparatively, Blackstone Group Inc paid $0.85 in dividends in 2024.
Other key metrics
- Current Trading Price
- $112.54
- 52-Week High
- $114.0572
- 52-Week Low
- $70.3988
- Analyst Target Price
- $99.15
Blackstone Group Inc stock is currently trading at $112.54 per share. It touched a 52-week high of $114.0572 and a 52-week low of $114.0572. Analysts tracking the stock have a 12-month average target price of $99.15.
Its 50-day moving average was $102.06 and 200-day moving average was $88.97 The short ratio stood at 4.96 indicating a short percent outstanding of 0%.
Around 48% of the company’s stock are held by insiders while 6399.4% are held by institutions.
Frequently Asked Questions About Blackstone Group Inc
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About
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. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm’s corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, infrastructure, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.