BX - The Blackstone Group L.P.
| Previous Close | 31.78 |
| Open | 32.10 |
| Bid | 31.75 x 100 |
| Ask | 32.21 x 200 |
| Day's Range | 31.94 - 32.80 |
| 52 Week Range | 29.03 - 37.52 |
| Volume | 6,229,920 |
| Avg. Volume | 5,763,714 |
| Market Cap | 38.161B |
| Beta | 1.59 |
| PE Ratio (TTM) | 14.53 |
| EPS (TTM) | 2.21 |
| Earnings Date | Apr 18, 2018 - Apr 23, 2018 |
| Forward Dividend & Yield | 3.40 (11.07%) |
| Ex-Dividend Date | 2018-02-09 |
| 1y Target Est | 40.50 |
Reuters Videos•19 hours agoVolatility knocks Blackstone profit less than feared
Blackstone Group's quarterly profit dropped 19 percent amid the stock market slump. But as Fred Katayama reports, the alternative assets manager still beat analysts' expectations.
- Bloomberg Video•20 hours ago
Blackstone 1Q Economic EPS Beat Estimates
Apr.19 -- Bloomberg’s Ed Hammond discusses earnings from Blackstone. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
- Bloomberg Video•yesterday
Blankfein and Gray Sat Down for Lunch as CDS Saga Heats Up
Apr.18 -- Lloyd Blankfein, head of Goldman Sachs Group Inc., and Jon Gray, heir apparent of Blackstone Group, sat down for lunch last month, just as tensions between their firms were ratcheting up. Bloomberg's Nabila Ahmed reports on "Bloomberg Markets."
- Bloomberg Video•2 days ago
Blankfein and Gray Meet for Lunch Over Thorny Issue
Apr.18 -- Bloomberg’s Ed Hammond discusses a lunch meeting between Goldman Sachs CEO Lloyd Blankfein and Blackstone President Jonathan Gray. They are said to have talked about a controversial trade involving credit-default swaps. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
- The Wall Street Journal•4 hours ago
[$$] Blackstone Results Top Expectations, Helped by Fee Growth
Blackstone Group LP reported first-quarter profit that beat expectations thanks to strong growth in fee-related earnings, though its results faded compared with a blockbuster quarter a year ago. The private-equity firm’s economic profit, which reflects changes in the value of unrealized investments, fell to $792 million, or 65 cents a share from $967.9 million, or 81 cents a share, a year earlier. Blackstone’s fee-related earnings climbed 14% to $332.9 million.
Reuters•11 hours agoBlackstone first-quarter earnings better than feared as Gray lays out roadmap
Profits have soared at private equity firms such as Blackstone in recent years, as a U.S. stock market rally allowed them to sell assets for top dollar. Blackstone reported a 20 percent drop in economic net income per share on Thursday but still beat Wall Street's expectations. "We had a solid start to the year," President and Chief Operating Officer Jon Gray said in a call with reporters.
- InvestorPlace•16 hours ago
Blackstone Group LP Stock Up on Q1 Earnings Beat
This is down from its earnings per share of 82 cents from the same time last year. Despite this, it was still good news for BX stock by coming in above Wall Street’s earnings per share estimate of 63 cents for the period. Net income reported by Blackstone Group LP in the first quarter of 2018 was $842.30 million.
- ACCESSWIRE•20 hours ago
Blackstone Group L.P. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / April 19, 2018 / Blackstone Group L.P. (NYSE: BX ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 19, 2018 at 11:00:00 AM Eastern Time. ...
- Zacks•20 hours ago
Blackstone (BX) Q1 Earnings Beat, Capital Actions Announced
Rise in assets under management supports Blackstone's (BX) Q1 earnings while revenues witness a fall.
- GlobeNewswire•20 hours ago
New Research Coverage Highlights Barnes & Noble, The Blackstone Group, Hill-Rom, UGI, Fortive, and LightPath Technologies — Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, April 19, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
- Reuters•21 hours ago
Market swings knock Blackstone earnings less than feared
Blackstone Group LP, the largest manager of alternative assets such as private equity and real estate, on Thursday reported a 20 percent drop in first-quarter earnings per share but still beat Wall Street's expectations, as a stock market slump weighed on the value of its holdings. Profits have soared at private equity firms such as Blackstone in recent years, as a U.S. stock market rally allowed them to sell assets for top dollar. Blackstone posted economic net income per share of 65 cents in the first quarter, down from 81 cents a year earlier.
- Zacks•21 hours ago
Blackstone (BX) Beats on Q1 Earnings & Revenue Estimates
Improvement in assets under management supports Blackstone's (BX) Q1 earnings.
- CNBC•21 hours ago
Stocks making the biggest moves premarket: PG, BX, BBT, BK, FOXA, LUV, QCOM & more
Procter & Gamble PG – Procter & Gamble earned an adjusted $1 per share for its third quarter , 2 cents a share above estimates. BB&T BBT – The regional bank reported adjusted quarterly profit of 97 cents per share, beating Street forecasts by 5 cents a share. Bank of New York Mellon BK – The bank came in well above forecasts, with quarterly profit of $1.10 per share.
- Associated Press•21 hours ago
Blackstone Group: 1Q Earnings Snapshot
On a per-share basis, the New York-based company said it had net income of 53 cents. Earnings, adjusted for non-recurring costs, came to 65 cents per share. The results topped Wall Street expectations. ...
- Financial Times•21 hours ago
[$$] Blackstone tops estimates, AUM hits record $450bn
Blackstone posted first-quarter profits that surpassed Wall Street expectations on Thursday, as investors’ hunger for yield helped drive assets under management at the US private equity group to a new ...
- Reuters•21 hours ago
Blackstone earnings drop 20 pct due to equity market slump
Blackstone Group LP, the largest manager of alternative assets such as private equity and real estate, said on Thursday first-quarter earnings per share fell 20 percent year-on-year, as a stock market slump weighed on the value of its holdings. New York-based Blackstone said it plans to pay a 30 cent special dividend in 2018, returning to shareholders a portion of the proceeds from the conclusion of its partnership with FS Investment Corp. The firm increased its share buy-back authorization to $1 billion from $335.8 million. In January, Blackstone agreed to buy a majority stake in the Financial and Risk business of Thomson Reuters Corp , the parent company of Reuters News, in a $20 billion deal.
Bloomberg•22 hours agoBlackstone Group’s Assets Jump 22% to Record $450 Billion
Total assets under management in the first quarter jumped 22 percent from a year earlier to a record $449.6 billion through a combination of fundraising and financial gains, Blackstone said in a statement Thursday. Private equity firms are coming off a record year for fundraising. “Amid declining global markets and a sharp increase in volatility, Blackstone continued to protect and grow our investors’ capital in the first quarter,” said Stephen Schwarzman, Blackstone’s chief executive officer.
- Financial Times•yesterday
[$$] Blackstone: signal and noise
a whopping $450bn — the alternative investments pioneer announced on Thursday that it had authorised a $1bn buyback programme. The volatility of Blackstone and its peers is one key reason institutional investors shy away. The harvest cycle for Blackstone looks to be lighter in 2018.
- Reuters•yesterday
BHP cuts 2018 iron ore forecast, cites rail car upload problems
BHP Billiton Ltd (BHP.AX) cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while also slightly raising its copper output expectations given higher production at the Escondida mine. A car dumper is a machine that unloads bulk cargoes from rail road cars. Overall, the outcome of the global miner's third quarter production was balanced as lower iron ore output and eased guidance should be broadly offset by a slight pick up in third quarter copper production and upgraded guidance, said Sydney-based brokerage Shaw and Partners in a report.
- Reuters•yesterday
BHP cuts 2018 iron ore forecast, cites rail car upload problems
The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes. BHP, the world's biggest miner, said its copper production target was affected by a "slower than planned" ramp-up in production during the March quarter at its Olympic Dam facility in South Australia. BHP's iron ore output rose to 67 million tonnes in the three months ended March 31, compared with 62 million tonnes a year ago.
- Financial Times•2 days ago
[$$] Blackstone’s Japan move highlights governance fight
is planning to splash $4.5bn on Japanese corporate acquisitions over the next few years was one of those announcements that screams out to be labelled a bellwether. have been chasing various strands of the story (heavily undervalued assets, hidden gems, succession crisis, distressed sell-offs) for years, and have notched up some successes that make Blackstone’s abstinence stand out. The explanation Blackstone offers for its relatively late arrival is that Japan has recently made a significant positive shift in corporate governance, hanging its hat on a theme that remains the obsession of foreign investors.
- Bloomberg•2 days ago
Blackstone’s Epic Swap Trade Intrudes on Friendly Lunch With Blankfein
Lloyd Blankfein and Jon Gray, two of the most powerful figures on Wall Street, sat down for lunch last month, just as tensions between their firms were ratcheting up.
- Simply Wall St.•2 days ago
Is The Blackstone Group LP. (NYSE:BX) A Smart Choice For Dividend Investors?
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. The Blackstone Group LP. (NYSE:BX) has returned to shareholders overRead More...
- American City Business Journals•3 days ago
Kronos now valued at $6.5B after PE owner buys in again
The deal represents a 44 percent boost over Kronos' previous valuation. Since going private in 2007, Kronos has added more than 2,000 employees and doubled its revenue.
- Bloomberg•3 days ago
Blackstone Is Among Firms Weighing Offer for LaSalle REIT
LaSalle Hotel Properties, the target of a $3.6 billion takeover offer from Pebblebrook Hotel Trust, has attracted interest from other potential buyers, according to people with knowledge of the matter....
