BX - The Blackstone Group L.P.

NYSE - NYSE Delayed price. Currency in USD
35.33
+0.12 (+0.34%)
At close: 4:02PM EDT

35.20 -0.13 (-0.37%)
After hours: 6:13PM EDT

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Previous close35.21
Open35.20
Bid35.00 x 1000
Ask35.71 x 1800
Day's range34.97 - 35.67
52-week range29.57 - 37.52
Volume2,578,401
Avg. volume3,972,330
Market cap42.061B
Beta1.56
PE ratio (TTM)18.14
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield2.18 (6.21%)
Ex-dividend date2018-06-28
1y target estN/A
Trade prices are not sourced from all markets
  • Blackstone Is Said to Pursue More Than $20 Billion for Buyout Fund
    Bloomberg Video6 days ago

    Blackstone Is Said to Pursue More Than $20 Billion for Buyout Fund

    Jul.11 -- Blackstone Group LP is reportedly ready to seek more than $20 billion as it plans to market a new buyout fund later this year. Bloomberg's Jason Kelly reports on "Bloomberg Daybreak: Americas."

  • Blackstone Said to Seek More Than $20B for Buyout Fund
    Bloomberg Video6 days ago

    Blackstone Said to Seek More Than $20B for Buyout Fund

    Jul.10 -- Blackstone Group LP plans to start raising its next global private equity fund three years after gathering about $18 billion from investors for its last pool. Bloomberg's Jason Kelly has more on "What'd You Miss?"

  • Reuters - UK Focus11 hours ago

    EU mergers and takeovers (July 16)

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Business travel services company Global Business Travel Holdings ...

  • Reuters - UK Focus12 hours ago

    OCBC's Bank of Singapore picks Luxembourg for Europe hub

    Bank of Singapore, the private banking division of Singapore's second-largest listed lender Oversea-Chinese Banking Corp, has set up a wealth management subsidiary in Luxembourg so it can serve European customers, Luxembourg for Finance said. Luxembourg for Finance, a body which promotes the country's financial sector, said Bank of Singapore had received the licence for the subsidiary, making it the first Singaporean bank to set up shop in the country. Bank of Singapore currently looks after its European clients from its Singapore headquarters and through its parent company OCBC Bank's London office.

  • Can the US-China Trade Battle Impact Blackstone’s Q2 2018?
    Market Realist13 hours ago

    Can the US-China Trade Battle Impact Blackstone’s Q2 2018?

    On July 19, The Blackstone Group (BX) is expected to report its second-quarter earnings. Wall Street analysts expect the asset manager to report EPS of $0.74, which reflects a YoY (year-over-year) rise of 25.4%. Despite volatile markets, Blackstone had total inflows of $18.2 billion in the first quarter.

  • The Wall Street Journal3 days ago

    [$$] Blackstone, Goldman Units Buy Minority Stake in Francisco Partners

    The deal brings together two rivals that compete for stakes in private-equity shops in a joint bet on Francisco Partners’ growth. The buyers—Blackstone’s Strategic Capital Group and Goldman’s Petershill group—are investing on equal terms, said people briefed on the sale. Francisco said in a news release the transaction gives the San Francisco firm new balance-sheet money to expand and make bigger commitments to funds.

  • Reuters - UK Focus3 days ago

    EU mergers and takeovers (July 13)

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Irish carrier Ryanair to acquire Austrian peer Laudamotion NEW ...

  • London’s Hottest Properties Are Urban Warehouses
    Bloomberg4 days ago

    London’s Hottest Properties Are Urban Warehouses

    Nevermind West End shopfronts and Mayfair offices. The big money in London real estate is chasing small warehouses. Rents for the dwindling amount of industrial space inside cities are soaring as online retailers like Amazon.com Inc. seek local hubs to cut delivery times. The Amazon effect first reached big-box warehouses, those located outside of town that can span the size of 15 soccer fields.

  • Reuters - UK Focus5 days ago

    MORNING BID EUROPE-No respite from Trump attacks for NATO

    Donald Trump's European allies will try to move on from a deeply uncomfortable start to the NATO summit yesterday and focus on operational issues such as the alliance's war in Afghanistan. NATO chief Jens Stoltenberg wants leaders to agree to fund Afghan security forces until 2024, despite public fatigue in Western countries about their involvement in the 17-year-old conflict. After Brussels, Trump heads to the UK for a three-day visit that will include talks with PM Theresa May, tea with the Queen and a major security operation to contain large public protests against his presence.

  • Theresa May hopes for trade boost from Donald Trump visit
    Sky News5 days ago

    Theresa May hopes for trade boost from Donald Trump visit

    The UK will remain the strongest of US allies after Brexit, Theresa May has pledged as she prepares to host Donald Trump on his controversial visit to the UK. The PM's pledge came after Mr Trump said the UK was in "turmoil", that meeting Vladimir Putin would be the "easiest" part of his European trip and that he wanted to meet his "friend" Boris Johnson.

  • Reuters - UK Focus5 days ago

    Education company GEMS shelves multibillion dollar London IPO - sources

    LONDON/ABU DHABI, July 11 (Reuters) - The initial public offering (IPO) of Blackstone-backed, Middle East-focused education company GEMS has been shelved, three sources familiar with the matter said. Sources familiar with the deal had said the London listing was delayed after authorities in Dubai unexpectedly decided to freeze tuition fees, meaning the company's financial forecasts had to be adjusted. "Bankers knew this wouldn't go ahead as GEMS was unsure about its expansion plans, given that many students were leaving as families were packing up due to job losses," a banker in the region said.

  • Reuters5 days ago

    Education company GEMS shelves multibillion dollar London IPO - sources

    LONDON/ABU DHABI, July 11 (Reuters) - The initial public offering (IPO) of Blackstone-backed, Middle East-focused education company GEMS has been shelved, three sources familiar with the matter said. Sources familiar with the deal had said the London listing was delayed after authorities in Dubai unexpectedly decided to freeze tuition fees, meaning the company's financial forecasts had to be adjusted. "Bankers knew this wouldn't go ahead as GEMS was unsure about its expansion plans, given that many students were leaving as families were packing up due to job losses," a banker in the region said.

  • Blackstone Said to Seek More Than $20B for Buyout Fund
    Bloomberg6 days ago

    Blackstone Said to Seek More Than $20B for Buyout Fund

    Blackstone Group LP plans to start raising its next global private equity fund three years after gathering about $18 billion from investors for its last pool. Bloomberg's Jason Kelly has more on "What'd ...

  • Blackstone Nears $3 Billion Close on Third Energy Fund
    Bloomberg6 days ago

    Blackstone Nears $3 Billion Close on Third Energy Fund

    Blackstone Group LP, the world’s largest alternative investment firm, is nearing a first close of about $3 billion for its third energy fund, according to people with knowledge of the matter. Blackstone Energy Partners III will be able to start actively investing shortly after closing the round, said the people, who asked not to be identified because they aren’t authorized to speak publicly. The latest fund will provide 70 percent of the capital for new deals, with Blackstone’s flagship global buyout fund putting up the rest, this person said.

  • Bloomberg6 days ago

    Blackstone to Seek More Than $20 Billion for Buyout Fund

    Blackstone Group LP plans to start raising its next global private equity fund three years after gathering about $18 billion from investors for its last pool. New York-based Blackstone’s prior vehicle wasn’t even a third invested as of March 31, according to a regulatory filing. Blackstone is quickly returning to market as investors pile into the asset class.

  • Reuters7 days ago

    Comcast lining up buyers for Fox sports assets - sources

    Comcast hopes that preparing now for such divestitures will ease Fox's concerns over potential antitrust risks and boost the chances of its bid disrupting Fox's agreed $71 billion cash-and-stock deal to sell the assets to Walt Disney Co (DIS.N), the sources said on Monday. Last month, the U.S. Department of Justice gave the go-ahead to Disney's acquisition of the Fox assets, asking Disney, which owns sports network ESPN, to divest all of Fox's 22 regional sports networks, known as RSNs, on antitrust grounds.

  • Reuters - UK Focus7 days ago

    Comcast lining up buyers for Fox sports assets -sources

    Comcast Corp is identifying potential buyers for Twenty-First Century Fox Inc's regional sports networks in an attempt to ease antitrust concerns about a new bid to acquire most of Fox's assets, people familiar with the matter told Reuters. Comcast (Swiss: CMCSA.SW - news) hopes that preparing now for such divestitures will ease Fox's concerns over potential antitrust risks and boost the chances of its bid disrupting Fox's agreed $71 billion cash-and-stock deal to sell the assets to Walt Disney Co , the sources said on Monday. Last month, the U.S. Department of Justice gave the go-ahead to Disney's acquisition of the Fox assets, asking Disney, which owns sports network ESPN, to divest all of Fox's 22 regional sports networks, known as RSNs, on antitrust grounds.

  • The Wall Street Journal8 days ago

    [$$] How Regulators Averted a Debacle in Credit-Default Swaps

    When Blackstone Group LP made a bet that shook confidence in the credit derivatives market, U.S. regulators waged an unusual campaign to pressure the investment firm to back down. The Commodity Futures Trading Commission took an interest last year when Blackstone’s GSO Capital Partners LP disclosed it had taken out insurance on bonds issued by Hovnanian Enterprises Inc., wagering the home builder would default on its debts. Blackstone offered Hovnanian a low-cost loan and persuaded the builder to miss a small interest payment in exchange, which would trigger payouts on $333 million in Blackstone’s credit-insurance contracts and yield the firm tens of millions of dollars, depending on market factors.

  • Exclusive - BP in lead to acquire BHP's U.S. onshore shale assets: sources
    Reuters10 days ago

    Exclusive - BP in lead to acquire BHP's U.S. onshore shale assets: sources

    The move represents a big bet by BP on U.S. oil and gas production at a time when energy prices are rebounding. It would allow it to significantly rebalance its business with oil production, after focusing largely on natural gas assets. BHP said in August it aimed to sell onshore shale assets in the Eagle Ford, Permian, Haynesville and Fayetteville basins, which it acquired at the height of the oil boom.

  • Analyst Ratings on Blackstone Have Stayed Steady
    Market Realist13 days ago

    Analyst Ratings on Blackstone Have Stayed Steady

    Of the total 14 analysts covering Blackstone Group (BX) in June, six have recommended a “buy.” Seven analysts suggested a “strong buy,” and one has given the stock a “hold” rating. The ratings on Blackstone haven’t changed in the past three months. Overall, the traditional and alternative asset managers have a weaker outlook primarily because of global uncertainties.

  • How Blackstone’s Valuations Compare to Peers
    Market Realist14 days ago

    How Blackstone’s Valuations Compare to Peers

    Blackstone Group (BX) has a price-to-earnings ratio of 10.40x on an NTM (next-12-month) basis, while the peer average is 10.17x. Blackstone’s peers have the following price-to-earnings ratios on an NTM basis: Carlyle Group (CG): 8.25x KKR & Company (KKR): 10.71x Apollo Global Management (APO): 11.56x

  • Here’s What Could Affect Blackstone’s Real Estate Segment
    Market Realist14 days ago

    Here’s What Could Affect Blackstone’s Real Estate Segment

    The real estate segment of Blackstone Group (BX) garnered total revenues amounting to $641 million in the first quarter, a decline of 17% on a YoY (year-over-year) basis. The real estate segment garnered total management fees (net) of $247.9 million in the first quarter, which implies a YoY rise of 15%. The company’s real estate portfolio is witnessing a decent performance.

  • What to Expect from Blackstone’s Credit Division
    Market Realist14 days ago

    What to Expect from Blackstone’s Credit Division

    Blackstone Group’s (BX) credit division witnessed a YoY decline of 11% in its total revenues in the first quarter. This fall was mainly the result of a fall in other revenues, performance revenues, as well as principal investment income. In the first quarter, the division garnered total management fees (net) of $167.6 million, a substantial rise of 35% on a YoY basis.

  • What Could Impact Blackstone’s Private Equity Business?
    Market Realist14 days ago

    What Could Impact Blackstone’s Private Equity Business?

    In the first quarter, Blackstone Group’s (BX) private equity division garnered total revenues of $681.1 million, a substantial rise on a YoY basis. This rise was mainly due to total management and advisory fees (net) as well as performance revenues. The higher volatility in the market was also evident in the first quarter, and it impacted the private equity segment’s realizations.

  • What Could Impact Blackstone Moving Forward?
    Market Realist15 days ago

    What Could Impact Blackstone Moving Forward?

    Blackstone Group’s (BX) CEO expressed optimism about the company’s first-quarter results even though global equity markets witnessed negative momentum and volatility rose in the first quarter. During the period, the company witnessed significant inflows amounting to $18.2 billion. In contrast, peer (XLF) Apollo Global Management’s (APO) inflows stood at $4.9 billion, while Carlyle Group (CG) raised $7.7 billion in the first quarter.

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