BX - The Blackstone Group L.P.

NYSE - Nasdaq Real Time Price. Currency in USD
40.18
+0.25 (+0.63%)
As of 3:56PM EDT. Market open.
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Previous Close39.93
Open40.00
Bid40.24 x 1400
Ask40.25 x 1100
Day's Range39.44 - 40.75
52 Week Range26.88 - 40.75
Volume5,336,269
Avg. Volume3,375,414
Market Cap46.079B
Beta (3Y Monthly)1.61
PE Ratio (TTM)16.48
EPS (TTM)2.44
Earnings DateJul 17, 2019 - Jul 22, 2019
Forward Dividend & Yield2.32 (6.63%)
Ex-Dividend Date2019-04-26
1y Target Est45.36
Trade prices are not sourced from all markets
  • Trump confidante Steve Schwarzman says US and China will reach deal 'in next two months'
    Yahoo Finance8 hours ago

    Trump confidante Steve Schwarzman says US and China will reach deal 'in next two months'

    Blackstone Group CEO Steve Schwarzman, a confidante of President Donald Trump, said in a new interview that the United States and China will reach a trade deal “in the next two months.”

  • T. Rowe Price's (TROW) Q1 Earnings Top Estimates, Shares Up
    Zacks7 hours ago

    T. Rowe Price's (TROW) Q1 Earnings Top Estimates, Shares Up

    T. Rowe Price Group (TROW) first-quarter 2019 results reflect higher assets under management (AUM), partly offset by elevated expenses.

  • Invesco (IVZ) Q1 Earnings Beat Estimates, Revenues Down
    Zacks8 hours ago

    Invesco (IVZ) Q1 Earnings Beat Estimates, Revenues Down

    Rise in assets under management supports Invesco's (IVZ) Q1 earnings.

  • Reuters18 hours ago

    PRESS DIGEST- Financial Times - April 25

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Sainsbury's and Asda set to concede defeat over 7 bln stg ...

  • U.S. judge suspends Blackstone lawsuit against Italy's RCS over Milan HQ
    Reutersyesterday

    U.S. judge suspends Blackstone lawsuit against Italy's RCS over Milan HQ

    A New York judge has put on hold a lawsuit by U.S. private equity firm Blackstone Group LP against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, pending the outcome of an arbitration in Italy. The case centres on RCS' historic headquarters in central Milan, which Blackstone bought from RCS for 120 million euros ($134 million) in 2013. RCS Chairman Urbano Cairo, who became RCS' controlling shareholder after the 2013 deal, has said Blackstone took control of the headquarters at too low a price, while RCS faced financial difficulties, and the transaction should be voided.

  • Financial Timesyesterday

    Blackstone suffers setback in Milan building ownership dispute

    Blackstone has suffered a setback in its lawsuit against the media tycoon Urbano Cairo’s RCS MediaGroup over the ownership of the Italian company’s headquarters in Milan. A New York court ruled on Wednesday that the dispute over the ownership of the building should be decided first in Italy. RCS, the owner of the Corriere della Serra newspaper, in New York in late November, claiming Mr Cairo had tried to extort money by falsely claiming his company still owned the building.

  • PR Newswire2 days ago

    Blackstone Mortgage Trust Reports First Quarter 2019 Results

    NEW YORK, April 23, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today reported its first quarter 2019 results. Stephen D. Plavin, Chief Executive Officer, said, "Our first quarter results reflect the strong earnings power of BXMT's scaled portfolio. Blackstone Mortgage Trust issued a full detailed presentation of its first quarter 2019 results, which can be viewed at www.bxmt.com.

  • Moody's2 days ago

    APX Group, Inc. -- Moody's downgrades Vivint's first-lien debt to B2; affirms B3 CFR

    Moody's also assigned a B2 (LGD3) rating to a new $250 million first-lien senior secured notes issuance maturing 2024, all of the proceeds of which, after transaction fees and expenses, will be used to pay down an equivalent portion of 8.75% senior unsecured notes due 2020. Moody's also affirmed Vivint's B3 Corporate Family Rating ("CFR") and its SGL-3 Speculative Grade Liquidity Rating, indicating adequate liquidity.

  • Thomson Reuters StreetEvents2 days ago

    Edited Transcript of BX earnings conference call or presentation 18-Apr-19 1:00pm GMT

    Q1 2019 Blackstone Group LP Earnings Call

  • Reuters3 days ago

    Morning News Call - India, April 23

    To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_04232019.pdf If you would like to receive this newsletter via email, ...

  • Boca Raton Resort & Club sold to NY investment group
    American City Business Journals3 days ago

    Boca Raton Resort & Club sold to NY investment group

    The historic Boca Raton Resort & Club has been sold to New York-based MSD Partners, according to a news release. An affiliate of Blackstone (NYSE: BX) has agreed to sell the 337-acre club at 501 E. Camino Real. The Boca Raton Resort & Club will continue to be managed by Hilton under the Waldorf Astoria Hotels & Resorts brand.

  • PR Newswire3 days ago

    MSD Partners, L.P. to Acquire Boca Raton Resort & Club

    NEW YORK and BOCA RATON, Fla., April 22, 2019 /PRNewswire/ -- MSD Partners, L.P. today announced that it has entered into a definitive agreement to acquire the Boca Raton Resort & Club from an affiliate of Blackstone (BX). Boca Raton Resort & Club is one of the premier resort destinations and private club facilities in the United States.  The property, which was built in 1926, today comprises 1,047 hotel rooms across 337 acres.  Its amenities include two 18-hole golf courses, a 50,000 sq. ft. spa, seven swimming pools, 30 tennis courts, a full-service 32-slip marina, 13 restaurants and bars, and 200,000 sq. ft. of meeting space.  The property fronts both the Intracoastal Waterway and the Atlantic Ocean, where its beach extends a half mile.  A perennial award-winner, the property was the beneficiary of more than $300 million in investment under Blackstone's stewardship, both preserving and enhancing this iconic resort.

  • Reuters3 days ago

    Blackstone buys majority stake in Indian packaging firm Essel Propack

    (Reuters) - U.S.-based Blackstone Group agreed to buy a 51 percent stake in Essel Propack Ltd, India's largest rigid plastic packaging provider said https://www.nseindia.com/corporate/SURJE_SINGH_22042019172429_SE_Letter_378.pdf ...

  • Blackstone buys majority stake in packaging firm Essel Propack
    Reuters3 days ago

    Blackstone buys majority stake in packaging firm Essel Propack

    (Reuters) - U.S.-based Blackstone Group agreed to buy a 51 percent stake in Essel Propack Ltd, India's largest rigid plastic packaging provider said on Monday. Blackstone will buy the stake from the Ashok ...

  • Blackstone (BX) Surges: Stock Moves 7.5% Higher
    Zacks3 days ago

    Blackstone (BX) Surges: Stock Moves 7.5% Higher

    Blackstone (BX) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

  • Blackstone to Buy Control of Indian Supplier to Colgate, Olay
    Bloomberg3 days ago

    Blackstone to Buy Control of Indian Supplier to Colgate, Olay

    The world’s largest alternative asset manager will acquire 51 percent of Essel Propack for $310 million from one of the founders, Ashok Goel Trust, Essel Propack said in a statement on Monday. Blackstone will offer to buy an additional 26 percent of Essel Propack’s shares at 139.19 a piece, according to the statement.

  • Teachers shouldn’t be taxed, says private-equity billionaire Steve Schwarzman
    MarketWatch4 days ago

    Teachers shouldn’t be taxed, says private-equity billionaire Steve Schwarzman

    Blackstone CEO and Chairman Steve Schwarzman describes his “Marshall Plan” for the middle class to combat the widening gap between the rich and the poor in the United States.

  • Financial Times6 days ago

    Lure of ‘melt-up’ trade leaves holdouts in tough spot

    Investors will also welcome an opportunity for assessing equity and credit markets that have already notched impressive gains for the year. Around the world, many benchmarks enjoy double-digit gains, led by China’s CSI 300 index, having risen more than a third already during 2019.

  • Reuters7 days ago

    PRESS DIGEST- Financial Times - April 19

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Blackstone to shift to a corporation from partnership https://on.ft.com/2Pl6LvM ...

  • Barrons.com7 days ago

    Blackstone Stock Surged Because the Asset Manager Is Making a Big Change to Its Structure

    The leading alternative asset manager said it would convert to a corporation from a partnership, broadening the base of potential investors.

  • BlackStone Group LP (BX) Q1 2019 Earnings Call Transcript
    Motley Fool7 days ago

    BlackStone Group LP (BX) Q1 2019 Earnings Call Transcript

    BX earnings call for the period ending March 31, 2019.

  • 5 Must-See Stock Charts for Monday: CGC, PINS, NVTA, UNP, BX
    InvestorPlace7 days ago

    5 Must-See Stock Charts for Monday: CGC, PINS, NVTA, UNP, BX

    It's the same action that we've had for much of this week. Stocks press lower near the open only to recover by lunch and push higher in the afternoon. The gains aren't remarkable, but the bulls' resilience is something to take note of. The sector rotation underway also remains astounding. On that note, let's look at a few must-see stock charts for Monday.Remember, the U.S. markets are closed tomorrow for Good Friday. Must-See Stock Charts for Monday 1: InvitaeInvestorPlace - Stock Market News, Stock Advice & Trading TipsAbove is the daily chart for Invitae (NASDAQ:NVTA) and below is the weekly. This morning on Twitter, I pointed out that NVTA could post a sweet bounce, but I didn't think it would be this vicious.Shares ripped off of the 10-week and 50-day moving averages, gaining almost 8% from today's lows. This is definitely one to watch next week to see if the momentum can continue.I would have loved to buy NVTA at $21, but over $22 and NVTA could be primed for more upside. Must-See Stock Charts for Monday 2: BlackstoneBlackstone (NYSE:BX) delivered a strong earnings report and announced it will switch from a partnership to a corporation. Anyone ever own BX before? I have and waiting for a K-1 form that doesn't usually come until April is a pain the you-know-what. Switching to a corporation will make sense for the business and potentially make its stock more attractive to investors. Plus it has a monster yield.Could that cause a further breakout? Perhaps. Over $38 is encouraging for more upside, with long-term uptrend resistance not playing a role until the $40s. Below $38 and bulls may need to let BX reset. Above and it's okay. Must-See Stock Charts for Monday 3: Canopy GrowthAn explosive couple of days have put Canopy Growth (NYSE:CGC) back on the radar. But if the strong rally on Wednesday and Thursday proved anything to me, it's how tough of resistance $38 is.I'm watching CGC next week to see if the stock can pierce this level. If it can, it would be very bullish to see CGC find $38 as support. As long as it holds $44, CGC should be good on the long side. Must-See Stock Charts for Monday 4: Union PacificBetter than expected earnings propelled Union Pacific (NYSE:UNP) to new 52-weeks high on Thursday. There sure are a lot of bearish calls out there despite so many names hitting new annual highs.Anyway, as long as UNP stock holds $160 next week, the bull case still looks strong. A pullback to the 10-week moving average that holds as support can be bought, while a run to channel resistance is possible over the intermediate term. Must-See Stock Charts for Monday 5: PinterestThe Pinterest (NYSE:PINS) and Zoom (NASDAQ:ZM) IPOs got off to a much better start than Lyft (NASDAQ:LYFT) did, currently up 30% and 75% on the day, respectively.For investors, there a lot less volatile plays out there than these fresh IPOs. But if you have to play them, investors at least have the IPO day range to work with. A red-to-green open on Monday could draw in more buyers for PINS, while a push through the highs could ad even more momentum to the name. * The Jobs Report Isn't an Effective Metric for the U.S. Economy If it's too short term for you, don't have any regrets about giving it more time to base. (Here are 13 things to know about the Pinterest IPO).Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVTA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 5 Must-See Stock Charts for Monday: CGC, PINS, NVTA, UNP, BX appeared first on InvestorPlace.

  • CNBC7 days ago

    Stocks making the biggest moves midday: Pinterest, Zoom, Blackstone & more

    Shares of the videoconferencing software company Zoom surged 72.2% on Thursday, its first day of trading. The bump gave Zoom a market cap of $16.7 billion. Pinterest PINS — Pinterest surged more than 28% in its first day of trading.

  • Why Blackstone is moving to become a corporation
    Yahoo Finance Video7 days ago

    Why Blackstone is moving to become a corporation

    Blackstone's stock pops after the company announces it its converting from a partnership to a corporation. Yahoo Finance's Seana Smith and Brian Cheung discuss.