Why invest in BX? (2024)

Why invest in BX?

Double The Yield For BX Stock

Is BX a good investment?

Blackstone stock has received a consensus rating of buy. The average rating score is and is based on 63 buy ratings, 23 hold ratings, and 4 sell ratings.

Should you invest in Blackstone?

The Blackstone stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

What is the forecast for BX stock?

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Blackstone stock have an average target of 118.81, with a low estimate of 70.5 and a high estimate of 150. The average target predicts a decrease of -7.08% from the current stock price of 127.86.

Is BX stock overvalued?

The intrinsic value of one BX stock under the Base Case scenario is 112.68 USD. Compared to the current market price of 131.37 USD, Blackstone Inc is Overvalued by 14%.

Is BX a monthly dividend?

Blackstone has an annual dividend of $3.76 per share, with a forward yield of 2.94%. The dividend is paid every three months and the last ex-dividend date was Feb 2, 2024.

What does BX invest in?

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.

What makes Blackstone so special?

Durable and easy of cleaning: The griddle features a thick steel cooking surface that can withstand high temperatures without warping or cracking. The griddle is coated with a layer of protective oil that prevents rust and corrosion from forming on the surface.

Should I invest in BlackRock or Blackstone?

You may want to consider BlackRock if you're looking for a more traditional investment firm. The Blackstone Group caters mostly to high-net-worth individuals and exclusively manages alternative assets. If you require a more exclusive approach to investing, this could be a good fit.

Is Blackstone dividend safe?

Summary. Blackstone Mortgage Trust comfortably covered its dividend pay-out with distributable earnings in 4Q-23. BXMT stock is selling at a significant discount to book value, providing a high margin of dividend safety.

Who are the largest holders of BX stock?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Capital World Investors, State Street Corp, Morgan Stanley, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Capital International Investors, VFINX - Vanguard 500 Index Fund Investor Shares, Charles Schwab Investment Management Inc, and ...

How often does BX pay dividends?

Blackstone Inc. ( BX ) pays dividends on a quarterly basis.

What is the fair price of Blackstone?

As of 2024-03-09, the Fair Value of Blackstone Group Inc (BX) is 28.36 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 125.99 USD, the upside of Blackstone Group Inc is -77.5%.

What is the Blackstone stock forecast for 2025?

What is the The Blackstone Group stock prediction for 2025? According to our The Blackstone Group stock prediction for 2025, BX stock will be priced at $ 163.58 in 2025. This forecast is based on the stock's average growth over the past 10 years.

Why is it bad to buy an overvalued stock?

If you buy an overvalued stock, it will likely end up underperforming the market as the price eventually falls back to its real value.

Will BX stock go up?

BX Stock 12 Months Forecast

Based on 16 Wall Street analysts offering 12 month price targets for Blackstone Group in the last 3 months. The average price target is $129.27 with a high forecast of $150.00 and a low forecast of $96.00. The average price target represents a 4.73% change from the last price of $123.43.

What is dividend paying whole life?

When you purchase a whole life insurance policy, the issuing company invests a portion of your premium money and generates a return on it. Then they return a portion of the revenue to you, as a policyholder, through a cash dividend distribution.

Is Blackstone owned by BlackRock?

In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million. Between 1995 and 2014, PNC reported $12 billion in pretax revenues and capital gains from BlackRock. Schwarzman later described the selling of BlackRock as his worst business decision ever.

Is BX a hedge fund?

Our Absolute Return platform aims to generate consistent returns across market environments. As the world's largest discretionary hedge fund allocator,2 we have deep relationships with investment managers and harness this network to create custom solutions and seed promising talent.

How much debt does BX have?

Blackstone's operated at median total debt of 11.788 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Blackstone's total debt peaked in December 2022 at 13.598 billion.

Is Blackstone the same as BlackRock?

BlackRock and Blackstone are two of the largest investment firms in New York. Although they have similar names, they're managed by different parties, and each has a unique service to offer clients.

Is Blackstone profitable?

Blackstone Inc.'s profit climbed 4% in the final quarter of 2023 as President Jon Gray sees an inflection point for private equity after one of the industry's worst years.

Where does Blackstone get its money?

Blackstone has two primary revenue streams: management fees and performance fees. Management fees are typically a percentage of the total assets under management (AUM) and are charged regularly, providing a stable revenue stream.

Why BlackRock wants to be Blackstone again?

It's not just the name: BlackRock, the world's largest asset manager, has its roots in Blackstone, the world's largest alternative investment manager. On the back of a multiyear boom in private equity and credit, it would make sense that the former wants to move closer to the business of the latter.

Why did Blackstone sell BlackRock?

Fink wanted to share equity with new hires, to lure talent from banks, unlike Schwarzman, who did not want to further lower Blackstone's stake. They agreed to part ways, and Schwarzman sold BlackRock, a decision he later called a "heroic mistake."

References

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