NYSE - Delayed Quote USD

Blackstone Inc. (BX)

123.36

-0.42

(-0.34%)

At close: April 25 at 4:00 PM EDT

123.40

+0.04

(+0.03%)

After hours: April 25 at 7:59 PM EDT

Blackstone Inc's Dividend Analysis

Blackstone Inc (NYSE:BX) recently announced a dividend of $0.83 per share, payable on 2024-05-06, with the ex-dividend date set for 2024-04-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Blackstone Inc's dividend performance and assess its sustainability.

GuruFocus.com 14 hours ago

BX
-0.34%
Concord Poised to Increase Hipgnosis Bid to Top Blackstone

(Bloomberg) -- Music rights investor Concord increased its takeover bid for Hipgnosis Songs Fund Ltd. to $1.51 billion, trumping a rival proposal from Blackstone Inc.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to Get a Meeting With the UAE’s $1

Bloomberg 16 hours ago

BX
-0.34%
HPGSF
Blackstone set to purchase Tropical Smoothie Cafe for nearly $2 billion

Blackstone is entering an agreement with Tropical Smoothie Cafe, which started in 1997 in Destin, Florida, to purchase the food chain for nearly $2 billion.

Fox Business yesterday

BX
-0.34%
Blackstone Credit and Insurance appoints Dan Leiter as Head of International

NEW YORK, April 24, 2024--Blackstone (NYSE:BX) today announced the appointment of Dan Leiter as Head of International for Blackstone Credit and Insurance (BXCI). In this role, reporting to Gilles Dellaert, Global Head of BXCI, Mr. Leiter will lead the activity and expansion of BXCI in EMEA and APAC. Additionally, Michael Carruthers is appointed as European Head of Private Credit, reporting to Mr. Leiter.

Business Wire yesterday

BX
-0.34%
Blackstone Hires Morgan Stanley’s Leiter for Senior Credit Role

(Bloomberg) -- Blackstone Inc. is hiring a senior executive from Morgan Stanley to become head of international in its newly formed credit and insurance division.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenBHP Makes Takeover Approach For Rival Miner

Bloomberg yesterday

BX
-0.34%
Blackstone to Acquire Tropical Smoothie Cafe to Propel Leading Franchisor’s Continued Expansion

ATLANTA & NEW YORK, April 24, 2024--Blackstone announced today that private equity funds managed by Blackstone ("Blackstone") have entered into a definitive agreement to acquire Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This would be the first transaction from Blackstone’s most recent vintage of its flagship private equity vehicle, and is intended to help accelerate Tropical Smoothie Cafe's already-rapid expansion through con

Business Wire yesterday

BX
-0.34%
UPDATE 3-Blackstone to buy restaurant chain Tropical Smoothie

Blackstone has agreed to buy Tropical Smoothie Cafe, the private equity firm said on Wednesday, in a deal that a source said valued the restaurant chain at $2 billion. The Atlanta-based company began operating as a single location on a beach in Destin, Florida, and now operates over 1,400 locations in 44 states. Reuters had reported in December, citing sources, that Levine Leichtman Capital Partners, the private equity owner of Tropical Smoothie, was preparing to put the chain up for sale for around $2 billion.

Reuters yesterday

BX
-0.34%
Blackstone to buy restaurant chain Tropical Smoothie

The Atlanta-based company began operating as a single location on a beach in Destin, Florida, and now operates over 1,400 locations in 44 states. Reuters had reported in December, citing sources, that Levine Leichtman Capital Partners, the private equity owner of Tropical Smoothie, was preparing to put the chain up for sale for around $2 billion. Blackstone did not disclose terms of the deal, which marked its latest investment in a franchise business.

Reuters yesterday

BX
-0.34%
Blackstone to Buy Franchiser Tropical Smoothie Cafe

Blackstone said Wednesday it is buying restaurant franchiser Tropical Smoothie Cafe. The firm is paying nearly $2 billion, including debt, for the company, which is currently owned by private-equity firm Levine Leichtman Capital Partners, according to people familiar with the matter. Based in Atlanta, Tropical Smoothie Cafe has over 1,400 locations in 44 states across the U.S. selling smoothies and other food items such as acai and yogurt bowls.

The Wall Street Journal yesterday

BX
-0.34%
Blackstone, KKR Mortgage REITs Stung By Office Debt Challenges

(Bloomberg) -- Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling with deteriorating office loans as higher interest rates and weak demand drive down property values. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapMalaysia in Talks

Bloomberg yesterday

KREF

BXMT

BX
-0.34%
Tropical Smoothie Cafe sells to Blackstone

Terms of the transaction were not disclosed, but The Wall Street Journal reports it is worth roughly $2 billion.

Restaurant Dive yesterday

BX
-0.34%
Globe Life (GL) Q1 Earnings Miss Estimates, Revenues Rise Y/Y

Globe Life's (GL) first-quarter results reflect a rise in premiums, improved net investment income and increased insurance underwriting income, offset by higher expenses.

Zacks 2 days ago

GL

BX
-0.34%
BLK
-0.68%
Blackstone’s Beleaguered Real-Estate Fund Stems Exodus

The firm was able to fulfill all investor redemption requests in February and March for the first time since late 2022.

The Wall Street Journal 2 days ago

AIRC

BX
-0.34%
Don't Buy Blackstone Inc. (NYSE:BX) For Its Next Dividend Without Doing These Checks

Blackstone Inc. ( NYSE:BX ) stock is about to trade ex-dividend in three days. The ex-dividend date occurs one day...

Simply Wall St. 3 days ago

BX
-0.34%
UPDATE 2-Blackstone tops Concord's bid for Shakira music owner Hipgnosis

Blackstone made a potential offer to buy Hipgnosis Songs Fund for about $1.5 billion, outbidding Apollo-backed Concord and triggering a takeover battle for the owner of music rights by artists including Shakira and Red Hot Chili Peppers. Hipgnosis shares rose 10% to 1.01 pounds ($1.25) in early trade, their highest level since September 2022. Blackstone's fourth and latest proposal valued Hipgnosis at $1.24 per share in cash, higher than Concord's $1.16 a share bid.

Reuters 3 days ago

HPGSF

BX
-0.34%
Blackstone Makes New $1.5 Billion Proposal to Buy Hipgnosis

(Bloomberg) -- Private equity firm Blackstone Inc. made a new proposal worth about $1.5 billion to purchase Hipgnosis Songs Fund Ltd., topping a bid made last week by music rights investor Concord. Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTikTok to Remove Executive Tasked With Fending Off US ClaimsTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareChina Is Front and Center of Gold’s Record-Br

Bloomberg 4 days ago

BX
-0.34%
HPGSF
Blackstone Sells $1.1 Billion of Private Equity Fund Stakes to Ares

(Bloomberg) -- Blackstone Inc.’s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Corp.Most Read from BloombergTraders Are Cashing Out of Markets En MasseMagnificent Seven Earnings Arrive With Stocks at Critical MomentNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTikTok Divest-or-Ban Bill Expected to Become US Law in DaysElon Wants His Money BackThe portfolio consists of older fund stakes that Strategic Partners

Bloomberg 6 days ago

BX
-0.34%
ARES
Blackstone Inc. (NYSE:BX) Q1 2024 Earnings Call Transcript

Blackstone Inc. (NYSE:BX) Q1 2024 Earnings Call Transcript April 18, 2024 Blackstone Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day. And welcome to the Blackstone First Quarter 2024 Investor Call. Today’s conference is being recorded. At this […]

Insider Monkey 6 days ago

BX
-0.34%
Blackstone First Quarter 2024 Earnings: EPS: US$1.12 (vs US$0.12 in 1Q 2023)

Blackstone ( NYSE:BX ) First Quarter 2024 Results Key Financial Results Revenue: US$3.58b (up 177% from 1Q 2023). Net...

Simply Wall St. 6 days ago

BX
-0.34%
Blackstone (BX) Q1 Earnings Meet Estimates, AUM Balance Up

Blackstone's (BX) Q1 earnings meet estimates. The company reports a rise in AUM balance, which, along with a slight turnaround in the operating backdrop, supports top-line growth.

Zacks 6 days ago

BX
-0.34%

Performance Overview

Return	BX	S&P 500
YTD	-5.06%	+5.84%
1-Year	+43.93%	+22.03%
3-Year	+58.03%	+20.77%

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Blackstone Inc. (BX)

Blackstone Inc's Dividend Analysis

Concord Poised to Increase Hipgnosis Bid to Top Blackstone

Blackstone set to purchase Tropical Smoothie Cafe for nearly $2 billion

Blackstone Credit and Insurance appoints Dan Leiter as Head of International

Blackstone Hires Morgan Stanley’s Leiter for Senior Credit Role

Blackstone to Acquire Tropical Smoothie Cafe to Propel Leading Franchisor’s Continued Expansion

UPDATE 3-Blackstone to buy restaurant chain Tropical Smoothie

Blackstone to buy restaurant chain Tropical Smoothie

Blackstone to Buy Franchiser Tropical Smoothie Cafe

Blackstone, KKR Mortgage REITs Stung By Office Debt Challenges

Tropical Smoothie Cafe sells to Blackstone

Globe Life (GL) Q1 Earnings Miss Estimates, Revenues Rise Y/Y

Blackstone’s Beleaguered Real-Estate Fund Stems Exodus

Don't Buy Blackstone Inc. (NYSE:BX) For Its Next Dividend Without Doing These Checks

UPDATE 2-Blackstone tops Concord's bid for Shakira music owner Hipgnosis

Blackstone Makes New $1.5 Billion Proposal to Buy Hipgnosis

Blackstone Sells $1.1 Billion of Private Equity Fund Stakes to Ares

Blackstone Inc. (NYSE:BX) Q1 2024 Earnings Call Transcript

Blackstone First Quarter 2024 Earnings: EPS: US$1.12 (vs US$0.12 in 1Q 2023)

Blackstone (BX) Q1 Earnings Meet Estimates, AUM Balance Up

Performance Overview