The financial health and growth prospects of BX, demonstrate its potential to perform inline with the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Similarly, Is BX stock a buy or sell?
Out of 6 analysts, 4 (66.67%) are recommending BX as a Strong Buy, 0 (0%) are recommending BX as a Buy, 2 (33.33%) are recommending BX as a Hold, 0 (0%) are recommending BX as a Sell, and 0 (0%) are recommending BX as a Strong Sell.
What type of stock is BX? BX Stock Price | Blackstone Inc.
Thereof, Is BX stock overvalued?
Using a discounted cash flow analysis forecast, BX is fairly valued and has some downside potential to $126 per share based on its price at the time of research. The company’s $2.80 annual dividend yield, which works out to about 2.25 percent, won’t compensate for the downdraft in share price should it materialize.
Is Blackstone a buy now?
Blackstone has received a consensus rating of Buy. The company’s average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.
Is BX a stock or ETF?
Blackstone Inc. is a company in the U.S. stock market and it is a holding in 154 U.S.-traded ETFs. BX has around 30.5M shares in the U.S. ETF market. The largest ETF holder of BX is the Vanguard Total Stock Market ETF (VTI), with approximately 4.34M shares.
What do analysts say about Blackstone?
The 12 analysts offering 12-month price forecasts for Blackstone Inc have a median target of 149.50, with a high estimate of 186.00 and a low estimate of 117.00. The median estimate represents a +28.39% increase from the last price of 116.44.
How does Blackstone make money?
Blackstone makes its money from two main sources: management fees and performance/incentive fees. Over the past few years, the mix has shifted more towards management fees. Across all of its business segments, management fees now rack up at around $5 billion per year.
What is BX invested?
About Blackstone Inc
Its Blackstone Real Estate Partners (BREP) business makes investments in logistics, office, rental housing, hospitality and retail properties, as well as in a variety of real estate operating companies.
Is BX an LP?
BX-LP (Low Power)
What is a stock PE?
The price-to-earnings (P/E) ratio relates a company’s share price to its earnings per share. A high P/E ratio could mean that a company’s stock is overvalued, or else that investors are expecting high growth rates in the future.
What is the price target for BX?
Analyst Price Target on BX
Based on 12 Wall Street analysts offering 12 month price targets for Blackstone Group in the last 3 months. The average price target is $152.30 with a high forecast of $176.00 and a low forecast of $120.00. The average price target represents a 31.70% change from the last price of $115.64.
Does Blackstone pay a dividend?
How much is BLACKSTONE’s dividend? BX pays a dividend of $4.06 per share. BX’s annual dividend yield is 3.58%. BLACKSTONE’s dividend is lower than the US industry average of 6.84%, and it is lower than the US market average of 4.15%.
What is Nvda target price?
The shares of NVIDIA Corporation (NASDAQ: NVDA) have received a $280 price target from New Street.
What companies does BX own?
Blackstone’s most notable real estate investments have included EQ Office, Hilton Worldwide, Trizec Properties, Center Parcs UK, La Quinta Inns & Suites, Motel 6, Wyndham Worldwide, Southern Cross Healthcare and Vicinity Centres.
Who is Blackstone owned by?
Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with $881 billion Assets Under Management (as of December 31, 2021). Mr. Schwarzman has been involved in all phases of Blackstone’s development since its founding in 1985.
Are BlackRock and Blackstone related?
By 1992, Blackstone had a stake equating to about 35% of the company, and Stephen A. Schwarzman and Fink were considering selling shares to the public. The firm adopted the name BlackRock in 1992, and by the end of that year, BlackRock was managing $17 billion in assets.
What do BlackRock do?
BlackRock is one of the world’s leading providers of investment, advisory and risk management solutions.
Who is BlackRock fund Advisors?
BlackRock Fund Advisors is a privately owned investment manager. The firm primarily provides its services to investment companies. It also caters to pooled investment vehicles. The firm launches and manages equity mutual funds.
What’s the difference between Blackstone and BlackRock?
His firm, BlackRock, is the world’s largest asset manager, with $6trn of assets. It stands for computing power, low fees and scale, and is booming. Mr Schwarzman’s firm, Blackstone, is the largest “alternative” manager, focused on private equity and property, with $387bn of assets.
Does Blackstone Group issue a K1?
Does Blackstone Group Issue A K1 For 2020? The company has decided that it no longer will issue K-1 forms in its entirety, and shareholders will no longer have to pay taxes on the underlying income for the company.
What is BV per share?
Book value per share (BVPS) is the ratio of equity available to common shareholders divided by the number of outstanding shares. This figure represents the minimum value of a company’s equity and measures the book value of a firm on a per-share basis.
Is 30 a good PE ratio?
A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company’s early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.
What is a good PE ratio to buy at?
A “good” P/E ratio isn’t necessarily a high ratio or a low ratio on its own. The market average P/E ratio currently ranges from 20-25, so a higher PE above that could be considered bad, while a lower PE ratio could be considered better.
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