Shares of Blackstone have moved -0.1% today, and are now trading at a price of $172.49. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 470,370 compared to the stock's average volume of 3,839,185.
Blackstone Inc. is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. Based in New York, United States the company has 4,895 full time employees and a market cap of $209,270,046,720. Blackstone currently offers its equity investors a dividend that yields 2.3% per year.
The company is now trading 17.02% away from its average analyst target price of $147.4 per share. The 21 analysts following the stock have set target prices ranging from $109.0 to $196.0, and on average give Blackstone a rating of buy.
Over the last 52 weeks, BX stock has risen 19.2%, which amounts to a 8.6% difference compared to the S&P 500. The stock's 52 week high is $200.96 whereas its 52 week low is $115.66 per share. With its net margins declining an average -4.7% over the last 6 years, Blackstone may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 13,229,968 | 2,776,508 | 21 | 23.53 |
| 2023 | 8,022,841 | 1,390,880 | 17 | -19.05 |
| 2022 | 8,517,673 | 1,747,631 | 21 | -19.23 |
| 2021 | 22,577,148 | 5,857,397 | 26 | 52.94 |
| 2020 | 6,101,927 | 1,045,363 | 17 | -39.29 |
| 2019 | 7,338,270 | 2,049,682 | 28 |
