Blackstone is a asset management company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker BX on the NYSE exchange.
Blackstone stock last closed at $83.16, down 0.41% from the previous day, and has decreased 32.58% in one year. It has underperformed other stocks in the Asset Management industry by 0.04 percentage points. Blackstone stock is currently +1.14% from its 52-week low of $82.22, and -44.48% from its 52-week high of $149.78.
As of Sep 26, 2022, there are 701.67M shares of BX outstanding. The market capitalization of BX is $58.35B. In the last 24 hours, 4.25M BX shares were traded.
You need a brokerage account in order to access the NYSE market and buy BX shares.
Based on our experience, eToro is the best brokerage. eToro gives you:
Get $10 towards your your purchase of BX shares by signing up for an account with eToro now.Open eToro Account
Now that you've chosen the next step is brokerage, selected to fill out some personal details so you can buy BX stock today.
Check out the walkthrough below for more details depositing funds into your new brokerage account.
It's very important to research stocks before you invest, so you actually comprehend the risk and opportunity.
WallStreetZen was created to help everyday investors do better fundamental analysis quickly.
You can see all of the due diligence checks on BX's stock page.
Analysts use many financial metrics, analyses, models, and charts to gauge BX's true value.
Using relative valuations ratios:
You can do more valuation research on BX's stock here.
Out of 10 Equities analysts who give recommendations on BX, the consensus analyst rating on Blackstone is a Strong Buy
Benjamin Budish, a bottom 28% analyst from Barclays maintains BX with a strong buy rating and announces their BX price target of $120.00, on Aug 31, 2022.
Brian Bedell, a bottom 9% analyst from Deutsche Bank maintains BX with a strong buy rating and raises their BX price target from $147.00 to $153.00, on Aug 12, 2022.
Michael Cyprys, a top 27% analyst from Morgan Stanley maintains BX with a strong buy rating and lowers their BX price target from $125.00 to $121.00, on Jul 27, 2022.
Robert Lee, a top 6% analyst from Keefe, Bruyette & Woods downgrades BX to a hold rating and lowers their BX price target from $127.00 to $115.00, on Jul 25, 2022.
Sumeet Mody, a top 11% analyst from Piper Sandler maintains BX with a strong buy rating and lowers their BX price target from $154.00 to $120.00, on Jul 25, 2022.
You can dig deeper into what analysts are projecting on the Blackstone stock forecast page.
Last year, BX earnings were $3.99B. Over the last 5 year, BX's earnings have grown by 19.74% per year. This was faster than the Asset Management industry average of 11.08%.
Last year, BX revenue was $17.74B. In the last 5 year, BX's revenue has gone up by 22.35% per year. This was slower than the Asset Management industry average of 25.06%.
You can research BX's earnings and revenue performance here.
In the past 12 months, insiders at BX have sold more shares than they have bought.
Ruth Porat, Director of BX, was the latest BX insider to sell. They sold $101.20 worth of BX stock on Aug 8, 2022.
Learn more about who owns BX shares here.
Blackstone pays a dividend of 6.25%, compared to the Asset Management industry's average dividend yield of 8.37%. If you owned $1,000 worth of BX stock, you would have received $62.53 in the past year.
Blackstone dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Blackstone dividend yield and history here.
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
You have two main options:
Hit the Open button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, click the helpful video below:
Now that you own some BX shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to monitor your BX stock.
To reiterate, here are the 6 steps to buy Blackstone stock:
If you are looking for a place to buy stocks, eToro is our recommended option.Get Started with eToro Today
If you want to keep tabs on your investment in Blackstone, create a watchlist on WallStreetZen today.
How much does it cost to buy one Blackstone share?
Is now a good time to buy Blackstone stock?
What is the best way to buy Blackstone stock?