Blackstone Inc BX

$117.97 -0.78 (-0.66%)

Valuation

Market cap
89,136,720,000
Revenue TTM
$14,450,260,000
Net income TTM
$3,019,210,000
PE ratio
17.82
Forward PE
18.72
Profit margin
20.89%
Debt to equity
0.63

Trading

Volume
7,209,600
Avg volume
4,541,396
Day's range
$115.94 – $118.07
Shares out
750,625,000
Stochastic %K
93%
Beta
1.59
Analysts
Sell
Price target
$136.79

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

LewisIntegrated Oct 23, 6:33 PM
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0 replies
SeanDavid Oct 23, 4:58 PM
The AI trade is moving from equities to credit: investors are scrutinizing AI credit risk and the debt funding the buildout, not shorting the stocks. $ORCL $CRWV $META $BX
0 replies
Cousin_Vinny Oct 23, 3:57 PM
$IBM sold 250/255c spreads into strength - waiting for a "DIP" now to put those profits into $BX shares - 2x IBM ETF I #BBands #ttm #squeeze trigger
0 replies
thebigticket32 Oct 23, 3:41 PM
$BX all that volume yesterday and today is like..
0 replies
Nimrod44 Oct 23, 3:30 PM
Boosted my roth little more with $BLK $BX $GS & $JPM.
0 replies
ee78 Oct 23, 12:05 PM
$BX Analyst Updates: Oppenheimer: Raises PT to $168 from $164, maintains Outperform. Deutsche Bank: Lowers PT to $138 from $149, maintains Buy. JPMorgan: Lowers PT to $135 from $136, maintains Neutral. BofA: Raises PT to $134 from $122, maintains Buy. Piper Sandler: Raises PT to $126 from $125, maintains Neutral. Keefe Bruyette: Lowers PT to $119 from $121, maintains Market Perform.
0 replies
oatmeal3 Oct 23, 9:05 AM
$BX Inflows continue to wow
0 replies
vermigli Oct 23, 3:10 AM
$BX Why would you have 40% of your portfolio in a single equity?
0 replies