|Bid||108.10 x 1100|
|Ask||108.95 x 2200|
|Day's Range||106.31 - 108.80|
|52 Week Range||86.97 - 149.78|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||19.89|
|Earnings Date||Oct 19, 2022 - Oct 24, 2022|
|Forward Dividend & Yield||4.56 (4.30%)|
|Ex-Dividend Date||Aug 18, 2022|
|1y Target Est||121.58|
Subscribe to Yahoo Finance Plus to view Fair Value for BX
Affiliates of Blackstone have snapped up a pair of Washington, D.C., hotels amid a large wave of sales rippling across the hospitality industry in D.C. and beyond. The New York-based investment management firm acquired the hotels, the Hilton Garden Inn at 2201 M St. NW, and the Hampton Inn at 901 Sixth St. NW near the Walter E. Washington Convention Center, for a combined $112.7 million, per the D.C. Recorder of Deeds. The seller was Philadelphia-based Hersha Hospitality Trust (NYSE: HT), which said in April it planned to dispose of the hotels as part of a larger, $505 million sale of “non-core urban select service properties.”
Publicly traded private-equity firms predict longer fundraising periods as they navigate tougher market conditions.
Recently, Zacks.com users have been paying close attention to Blackstone Inc. (BX). This makes it worthwhile to examine what the stock has in store.