Large-cap Finance company Blackstone has logged a 0.1% change today on a trading volume of 2,875,974. The average volume for the stock is 3,689,937.
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 $190,831,099,904. Blackstone currently offers its equity investors a dividend that yields 3.0% per year.
The company is now trading -13.24% away from its average analyst target price of $178.79 per share. The 19 analysts following the stock have set target prices ranging from $150.0 to $215.0, and on average give Blackstone a rating of buy.
Over the last 12 months BX shares have declined by -7.5%, which represents a difference of -23.5% when compared to the S&P 500. The stock's 52 week high is $200.96 per share and its 52 week low is $115.66. With its net margins declining an average -4.7% over the last 6 years, Blackstone declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ 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 |
