Blackstone Inc BX

$111.75 -0.49 (-0.44%)

Valuation

Market cap
83,882,344,000
Revenue TTM
$14,450,260,000
Net income TTM
$3,019,210,000
PE ratio
18.25
Forward PE
18.76
Profit margin
20.89%
Debt to equity
0.63

Trading

Volume
5,714,700
Avg volume
4,348,388
Day's range
$111.62 – $115.58
Shares out
750,625,000
Stochastic %K
12%
Beta
1.59
Analysts
Sell
Price target
$142.88

Price

Company profile

Blackstone Inc. is an alternative asset management firm specializing in private equity, venture capital, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage, seed, middle market, mature, late venture, growth capital, emerging growth, turnaround, and later stage companies. It also provide capital markets...

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Blackstone Inc. is an alternative asset management firm specializing in private equity, venture capital, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage, seed, middle market, mature, late venture, growth capital, emerging growth, turnaround, and later stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. Within fund of fund investments, it seeks to invest in private equity funds, venture capital funds, mezzanine funds, distressed debt/turnaround funds, secondary investment funds & real estate funds. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts, recapitalization, special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, cargo, data processing, oil & gas production, oil & gas refining, oil & gas storage, building products, home entertainment, B2B, consumer electronics, home supply store, lodging, commercial services & supplies, metal & mineral mining machinery, coal, hazardous waste collection, solid waste collection, waste water treatment, renewable electricity, equity REITs, power generation by nuclear & fossil fuels, personal loan services, chemicals, other specialty retail, biotech, pharmaceuticals, metal, aerospace, healthcare, cable, entertainment services, infrastructure services, transportation infrastructure, exhaust, life sciences, alternative carriers, infrastructure, system software, manufacturing services, enterprise tech and consumer, enterprise software & application, as well as consumer technologies. The firm considers investment in Asia, Latin America, Japan, Australia, South Korea, Singapore, Hong Kong, Africa, Middle East, Beijing, Shanghai, India, Belgium, France, Ireland, Luxembourg, Monaco, Netherlands, United Kingdom, North America and South America. It seeks to invest between $0.25 million and $900 million per transaction. It invests in companies with enterprise value between $500 million and $5000 million. It makes equity investments up to $300 million through fund of fund investments. It has a three year investment period. The firm prefers to take majority and minority stakes. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. through its subsidiary South City Projects (Kolkata) Limited offers residential and commercial real estate development services that include development of township, residential towers, malls, IT parks, stadiums, resorts, hospitals, and schools. Blackstone Inc. was founded in 1985 and is based in New York, New York with additional offices across Asia, Europe, North America and Central America.

Industry
Asset Management
Sector
Financial Services
Phone
212 583 5000
Website
https://www.blackstone.com
Address
345 Park Avenue, New York, United States

Latest news

Stocktwits

heikoscreens Oct 4, 2:46 PM
$BX $KKR $APO all went oversold on my screener on the same day (Friday close), RSI under 30 on all three. BX 111.75, RSI ~26, -18% in a month, -31% over a year, ~32% under its 52w high. KKR 90.29, RSI ~30, -15% in a month, -29% over a year, only ~10% above its 52w low. APO 114.02, RSI ~27, -14% in a month, -8% over a year. The odd part: redemption requests at the private credit funds have actually been easing (Apollo ~16.8% to ~14.7% from Q2 to Q3, per Benzinga). So the selling looks like it's about something else: higher yields squeezing portfolio companies, and big data center commitments while a lot of those projects are getting delayed. Oversold isn't a bottom though. Nothing else on my screens has flipped yet, no momentum buy, no insider buying. No position. Is this a sector-wide entry, or is the AI infrastructure lending the risk nobody has sized yet?
0 replies
Zonata Oct 4, 2:12 PM
$BX $ARES $KKR are all on sale. In the next few week, I plan to try to buy all three, I currently only own OWL and BX. BX my position is too small, so also in my shopping cart.
0 replies
STOCKPICKERTRADER Oct 2, 7:46 PM
$OWL another wonderful pump job by that idiot David Bahnsen and their asset management group. These things suck hind tit when the rates are going the other way and their charts show differently than the success that Bahnsen Group promotes with their dingle berry Anal-cysts. $BX $GIS
3 replies
vermigli Oct 2, 7:18 PM
$OWL I’m thinking there’s some downward pressure on this and $BX at the moment due to higher borrowing costs due to treasury yields.
1 replies
benfatto Oct 2, 4:15 PM
Base scenario till end of year: $OWL 12 USD $BX 140 USD Solid growth: 10-20pct CAGR and easing redemptions. More upside in 2027.
1 replies
Hoobastank Oct 2, 3:11 PM
$BX Walking the tightrope here.
0 replies
InfinityVenom Oct 2, 2:42 PM
$BX Likely all up from here
1 replies
benfatto Oct 2, 2:41 PM
$OWL $BX up again Easing redemptions $OWL 10y treasury yields down Today's us job data below expectations Next Q3 numbers in October (I am sure they will be great 👍)
0 replies