After moving 1.5% during today's evening session, Blackstone is now trading at a price of $99.69 per share. On average, analysts give it a target price of $112.94.
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.
Potential Blackstone Investors Should Analyze the Following:
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Blackstone has moved -1.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 2.06. A number between 0 and 1 could mean that the market is undervaluing Blackstone's estimated growth potential
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Its Price to Book (P/B) ratio is 9.85
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Blackstone currently returns an annual dividend yield of 3.5%.
Understanding Blackstone's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 8,517,673 | -1,123,346 | 28 | -63.16 |
| 2022-02-25 | 22,577,148 | -928,223 | 76 | 76.74 |
| 2021-02-26 | 6,101,927 | -724,646 | 43 | -23.21 |
| 2020-02-28 | 7,338,270 | -697,146 | 56 | 9.8 |
| 2019-03-01 | 6,833,259 | -673,359 | 51 | 2.0 |
| 2018-03-01 | 7,119,053 | -599,103 | 50 |
Over the last 6 years, Blackstone's operating margins have averaged 50.7%, which is better than the 18.36% Asset Management industry average. We also note that the company's operating margins have a high coefficient of variability at 31.1%. However the firm's margins are declining at a compounded yearly rate of -9.2%.
