BX - The Blackstone Group L.P.
| Previous Close | 35.64 |
| Open | 35.77 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 35.58 - 36.15 |
| 52 Week Range | 29.57 - 37.52 |
| Volume | 3,795,355 |
| Avg. Volume | 3,962,423 |
| Market Cap | 42.799B |
| Beta | 1.56 |
| PE Ratio (TTM) | 18.45 |
| EPS (TTM) | 1.95 |
| Earnings Date | Oct 17, 2018 - Oct 22, 2018 |
| Forward Dividend & Yield | 2.18 (6.21%) |
| Ex-Dividend Date | 2018-06-28 |
| 1y Target Est | 40.32 |
Reuters Videos•2 days agoBlackstone's profit surges
Blackstone's quarterly economic income rose sharply, and it's raising its payout. But as Fred Katayama reports, its quarterly distributable earnings dropped.
- Bloomberg Video•2 days ago
Blackstone Beats 2Q Revenue, EPS Estimates
Jul.19 -- Blackstone Group LP reported second-quarter results that saw revenue beat estimates and a reduction of the amount of cash held by the firm. Bloomberg Opinion columnist Stephen Gandel examines the numbers on "Bloomberg Daybreak: Americas." His opinions are his own.
- American City Business Journals•14 hours ago
International Market Centers closes deal to buy AmericasMart
International Market Centers has finalized the acquisition of Atlanta-based AmericasMart. IMC now owns and operates nearly 20 million square feet of showroom space across three markets.
- Thomson Reuters StreetEvents•19 hours ago
Edited Transcript of BX earnings conference call or presentation 19-Jul-18 3:00pm GMT
Q2 2018 Blackstone Group LP Earnings Call
- Zacks•22 hours ago
SEI Investments' (SEIC) Q2 Earnings In Line, AUM Improves
SEI Investments' (SEIC) Q2 earnings reflect strong revenue and assets under management growth.
- The Wall Street Journal•yesterday
[$$] Blackstone’s Profit Jumps
Blackstone Group LP reported a sharp jump in second-quarter profit as the value of its private-equity portfolio surged. The value of Blackstone’s private-equity portfolio climbed by 9.5% in the quarter, accelerating over the 6.4% growth it posted in the first quarter, as the value of its public holdings climbed and it marked up private holdings based on announced sales. Analysts have been eyeing shares of Blackstone rival KKR & Co., which have climbed 26% since it announced earlier this year it would ditch its partnership structure and become a corporation.
- Moody's•2 days ago
AVSC Holding Corp. -- Moody's affirms AVSC's B3 CFR and stable outlook following buyout announcement
Moody's Investors Service ("Moody's") affirmed AVSC Holding Corp.'s ("AVSC," dba "PSAV") B3 Corporate Family Rating (CFR) and B3-PD Probability of Default Rating (PDR) in connection with the company's announcement of a leveraged buyout. At the same time, Moody's affirmed the B2 ratings on the company's first lien senior secured credit facilities, including the existing $100 million revolver and an upsized $1.23 billion first lien term loan (increased from $1.105 billion), as well as the Caa2 rating on PSAV's $210 million second lien term loan. The ratings outlook is stable.
Market Realist•2 days agoA Quick Look at Blackstone’s Impressive Q2 2018 Results
The Blackstone Group (BX) reported its second-quarter results this morning. The asset manager reported EPS of $0.90, beating analysts’ consensus estimate by $0.15.
Reuters•2 days agoBlackstone seeks to boost assets with new fundraising 'super cycle'
Blackstone Group LP (BX.N), the world's largest manager of assets such as private equity and real estate, is kicking off a fundraising "super cycle" which could see it manage more than half a trillion dollars in assets, its chairman and CEO Stephen Schwarzman said on Thursday. Blackstone has faced questions from investors in recent years over how much room it has to grow further after increasing its assets under management five-fold since it became a publicly listed firm in 2007, amassing $439.4 billion as of the end of June. This has left it with $88 billion in uninvested capital, yet Blackstone still plans to begin raising new flagship private equity and real estate funds in the coming months, Schwarzman said.
Reuters•2 days agoBlackstone seeks to boost assets with new fundraising 'super cycle'
Blackstone Group LP (BX.N), the world's largest manager of assets such as private equity and real estate, is kicking off a fundraising "super cycle" which could see it manage more than half a trillion dollars in assets, its chairman and CEO Stephen Schwarzman said on Thursday. Blackstone has faced questions from investors in recent years over how much room it has to grow further after increasing its assets under management five-fold since it became a publicly listed firm in 2007, amassing $439.4 billion as of the end of June. This has left it with $88 billion in uninvested capital, yet Blackstone still plans to begin raising new flagship private equity and real estate funds in the coming months, Schwarzman said.
- The Wall Street Journal•2 days ago
[$$] Blackstone Projects Assets Will Exceed $500 Billion in 2019
LP projected its assets will surpass $500 billion in the first half of 2019 as the firm gears up to raise new flagship real-estate and private-equity funds. The New York firm said it will soon start raising successor funds to its flagship $15.8 billion real-estate fund and its $18 billion private-equity fund, both raised in 2015. Blackstone also is ramping up direct-lending initiatives.
Reuters•2 days agoBlackstone sees asset base exceeding $500 billion within a year
NEW YORK (Reuters) - Blackstone Group LP expects its assets under management (AuM) to exceed half a trillion dollars within the next year, Chairman and Chief Executive Stephen Schwarzman said on Thursday. ...
- Reuters•2 days ago
Blackstone sees asset base exceeding $500 bln within a year
Blackstone Group LP expects its assets under management to exceed half a trillion dollars within the next year, Chairman and Chief Executive Stephen Schwarzman said on Thursday. "We will begin raising ...
- Reuters•2 days ago
Blackstone still analyzing merits of possible C-Corp switch - COO
Blackstone is still considering whether to convert to a corporation from a partnership and has been impressed by the stock performance of rival KKR & Co since it made the switch, President and Chief Operating Officer Jon Gray said on Thursday. "We've been impressed by KKR's recent stock performance post-conversion announcement.
- Zacks•2 days ago
Blackstone (BX) Q2 Earnings Beat as Revenues Surge, Costs Up
Blackstone's (BX) Q2 earnings reflect significant rise in revenues and higher assets under management.
- Reuters•2 days ago
Blackstone seeks to boost assets with new fundraising 'super cycle'
Blackstone Group LP (BX.N), the world's largest manager of assets such as private equity and real estate, is kicking off a fundraising "super cycle" which could see it manage more than half a trillion dollars in assets, its chairman and CEO Stephen Schwarzman said on Thursday. Blackstone has faced questions from investors in recent years over how much room it has to grow further after increasing its assets under management five-fold since it became a publicly listed firm in 2007, amassing $439.4 billion (337.43 billion pounds)as of the end of June. This has left it with $88 billion in uninvested capital, yet Blackstone still plans to begin raising new flagship private equity and real estate funds in the coming months, Schwarzman said.
- Bloomberg•2 days ago
Blackstone Beats 2Q Revenue, EPS Estimates
Blackstone Group LP reported second-quarter results that saw revenue beat estimates and a reduction of the amount of cash held by the firm. Bloomberg Opinion columnist Stephen Gandel examines the numbers ...
- Zacks•2 days ago
Blackstone (BX) Beats on Q2 Earnings & Revenue Estimates
Blackstone's (BX) Q2 earnings driven by substantial jump in revenues.
- Associated Press•2 days ago
Blackstone Group: 2Q Earnings Snapshot
The New York-based company said it had profit of $1.09 per share. Earnings, adjusted for non-recurring gains, came to 90 cents per share. The results surpassed Wall Street expectations. The average estimate ...
Bloomberg•2 days agoBlackstone’s War Chest of Cash Shrinks as Firm Puts More to Work
Blackstone Group LP is making a dent in its war chest of cash, finding opportunities even as asset values rise. The world’s largest alternative asset manager put more of its dry powder -- the amount of money it has raised but not invested -- to work, leaving it with $88 billion in the second quarter, Blackstone said in a statement Thursday. Led by Stephen Schwarzman, Blackstone and its private equity rivals together broke fundraising records last year.
- Reuters•2 days ago
Blackstone posts 55 pct rise in Q2 earnings per share
Blackstone Group LP, the largest manager of alternative assets such as private equity and real estate, said on Thursday second-quarter earnings per share rose 55 percent from one year ago. Blackstone's economic net income per unit came in at 90 cents in the second quarter, ahead of analysts' expectations for 75 cents, according to Thomson Reuters I/B/E/S. That compares to 58 cents in the same period last year. In January, Blackstone agreed to buy a majority stake in the Financial and Risk business of Thomson Reuters Corp , the parent of Reuters News, in a $20 billion deal.
- Benzinga•3 days ago
Blackstone Group Q2 Earnings Preview
Blackstone Group (NYSE: BX ) releases its next round of earnings this Thursday, July 19. Here's Benzinga's essential guide to Blackstone Group's Q2 earnings report. Earnings and Revenue Sell-side analysts ...
- Bloomberg•3 days ago
Blackstone Targets $10 Billion for Direct-Lending Comeback
Blackstone Group LP wants to crash the direct-lending party. In the seven months since dissolving a partnership with FS Investment Corp., Blackstone’s GSO Capital Partners unit has rebuilt its business making nonbank loans to small and mid-size companies. GSO has extended some credit already and plans to amass $10 billion of equity and debt capital for the effort in the next several months and into 2019, according to people familiar with the matter.
- CNBC•3 days ago
Blackstone's new president Gray says China and US will eventually reach a trade deal
Blackstone's Jonathan Gray believes China and the US will resolve their trade conflict. "The US and China both recognize real risks to an escalated trade war," he said at the Delivering Alpha Conference in New York on Wednesday. Blackstone's Jonathan Gray is optimistic the trade conflict between the US and China will be resolved.
- MarketWatch•3 days ago
Blackstone's Gray says this is the biggest mistake investors can make amid trade-war worries
Jonathan Gray, the president of alternative investment manager Blackstone Group L.P. (BX) on Wednesday encouraged investors to look beyond the short-term volatility that has at times rattled markets amid heightened trade tensions between the U.S. and its major trading partners. Gray said Wall Street investors should instead focus on the economy's strength. "Waiting for an all-clear [on the trade issue] is a mistake," he said at CNBC's Delivering Alpha conference.
